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Ford To Retire Falcon, V8 Supercars Future Uncertain After Melbourne Plant Closes In '16

05 / 24 / 13

Falcon's presence on the V8 Supercars grid "appear to be numbered following the carmaker's decision to end local manufacturing" in '16, according to Peter Kogoy of THE AUSTRALIAN. The company "stunned the sport" Thursday when it confirmed it would close down its Broadmeadows assembly ...

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Tags: Franchises, Australia

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11/27/12
Hearts Fan Group, Club Directors To Talk

The group leading the fans' bid to buy Scottish Premier League club Heart of Midlothian "face a make-or-break meeting with Tynecastle Dir Sergejus Fedotovas at the start of next month," according to Euan McLean of the Scotland DAILY RECORD. Supporters Direct Scotland Head Paul Goodwin insisted that ...

Tags: Franchises, United Kingdom

11/26/12
Eels Chasing Flexible NRL Salary Cap

National Rugby League Parramatta Eels is "believed to have pitched a radical proposal" to the NRL to have its salary cap spaced out over the next two years in "a last-ditch attempt" to sign player Israel Folau for next season, according to Stuart Honeysett of THE AUSTRALIAN. Time "is running out" fo ...

Tags: Franchises, Australia

11/26/12
F1 Teams To Add Renault Engines In '14

Engine manufacturer Renault could provide additional F1 teams with its engines should the proposed new engine regulations take effect in '14, according to Stefan Ziegler of MOTORSPORT TOTAL. Renault Chair & CEO Carlos Ghosn said that "he could imagine Renault providing additional teams with its ...

Tags: Franchises, Europe

11/22/12
Hearts Fans Reach $957,000 In Shares

Supporters of Scottish Premier League club Heart of Midlothian FC have bought £100,000 ($159,000) worth of club shares in just three days, bringing the total raised from share sales to more than £600,000 ($957,000), according to Barry Anderson of the SCOTSMAN. Club officials "thanked fan ...

Tags: Franchises, United Kingdom

11/22/12
Benítez To Replace Di Matteo At Chelsea

Chelsea sacked Manager Roberto Di Matteo "in the early hours" of Wednesday morning in his office at the club’s training ground at Cobham, according to Paul Kelso of the London TELEGRAPH. Club Chair Bruce Buck and CEO Ron Gourlay told Di Matteo of Owner Roman Abramovich’s decision to fire ...

Tags: Franchises, United Kingdom

11/22/12
GFH Capital's Leeds Takeover Finalized

League Championship Leeds United Owner Ken Bates announced Bahrain-based investment bank GFH Capital will complete a 100% takeover of the club on Dec. 21, according to Mark Walker of the London DAILY MAIL. Bates, 80, who took control of the club nearly eight years ago, "confirmed the first part of t ...

Tags: Franchises, United Kingdom

11/22/12
Rangers Must Keep Titles Says Johnston

Scottish Third Division club Rangers former Chair Alastair Johnston believes that the "threat of the club being stripped of titles must end following the tax tribunal verdict on player loans," according to STV. Johnston said that the "whole concept of Rangers being stripped of titles should go away, ...

Tags: Franchises, United Kingdom

11/21/12
Fans' Consortium To Bid On Hearts

Foundation of Hearts "will go it alone" in its bid for control of Scottish Premier League club Heart of Midlothian FC, according to Barry Anderson of the SCOTSMAN. Foundation of Hearts Chair Alex Mackie stated that he "will not meet Angelo Massone or anyone else interested in buying out the Hearts O ...

Tags: Franchises, United Kingdom

11/21/12
Rangers Win Tax Case Appeal Over EBTs

Scottish Third Division side Rangers FC "has won its appeal over a near £49M ($78M) tax bill for the use of Employee Benefit Trusts," according to the Scotland DAILY RECORD. The first tier tax tribunal, which heard the appeal Tuesday, "delivered a majority verdict, which ruled the EBT payments ...

Tags: Franchises, United Kingdom

11/21/12
Hughes Will Not Step Down

EPL Queens Park Rangers Manager Mark Hughes has told the club's board members that he will "not walk away from the club" after he was asked to resign as manager, according to James Olley of the STANDARD. Hughes met senior figures including QPR CEO Philip Beard and other "influential figures" in a me ...

Tags: Franchises, United Kingdom

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