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Financially Struggling Handball Bundesliga Side HSV Hamburg Pays Outstanding Salaries

04 / 24 / 14

The players and head coach Martin Schwalb of financially struggling Handball Bundesliga (HBL) club HSV Hamburg "finally received their March salaries on Tuesday, 17 days behind schedule," according to SPIEGEL ONLINE. It has been reported that club patron Andreas Rudolph "provided the money in advanc...

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12/19/13
Sharks To Pay $1M Fine Over Five Years

National Rugby League side Cronulla "could be given up to five years" to pay the A$1M ($890,000) "fine it incurred over its handling of the supplements scandal," according to Dan Kock of THE AUSTRALIAN. In an attempt to ease the burden on the Sharks' bottom line, there "has been talk of allowing the ...

Tags: Franchises, Australia

12/19/13
Indigenous Club Reaches Top Division

Ecuadorean football side Mushuc Runa earned promotion to the top division of Ecuadorean football for '14 in November -- "representing a South American wonder: with impeccable financial management, a club created in an agreement between indigenous villages has reached the country's top league," accor ...

Tags: Franchises, South America

12/19/13
La Liga Sevilla Reveals '12-13 Finances

La Liga side Sevilla's Administrative Council announced a profit of €2.4M ($3.3M) from the '12-13 financial year -- "a positive balance thanks to capital from player transfers," according to the EFE. Club shareholders were informed that Sevilla earned €86M ($118M) in revenue, with €31 ...

Tags: Europe, Franchises

12/19/13
Murray: Rangers Broke Stock Rules

Former Scottish League 1 Rangers Dir Paul Murray said that the board "may have broken stock market rules by leaking details of a vote ahead of the club's agm" on Thursday, according to the SCOTSMAN. Murray is leading a rebel group seeking to take control of the Rangers board, "but his attempts ...

Tags: Franchises, United Kingdom

12/18/13
Rangers Boss: Board Supports McCoist

Scottish League 1 Rangers CEO Graham Wallace said he "understood" Manager Ally McCoist's decision to give his shares proxy to supporters who are likely to vote against the board, according to the Scotland DAILY RECORD. McCoist has given his local East Kilbride supporters' club "the power to wield a ...

Tags: Franchises, United Kingdom

12/18/13
Franchise Notes

Honda Racing Corp. Team Principal Shuhei Nakamoto has warned that "Honda would almost certainly quit MotoGP if control ECUs were made mandatory." The series "mandated the use of spec ECUs and dataloggers from the start of next year's championship, although factory outfits have an opt-out clause." Di ...

Tags: Franchises

12/17/13
Tottenham Sacks Villas-Boas

The tenure of EPL Tottenham Manager Andre Villas-Boas "came to an abrupt end" Monday as the club confirmed the “termination of his services” after its worst home defeat in 16 years, according to Matt Hughes of the LONDON TIMES. The 36-year-old Portuguese "had been given a stay of ex ...

Tags: Franchises, United Kingdom

12/17/13
Penrith Negotiating To Play In Tasmania

National Rugby League club Penrith is "looking to make a second home in Tasmania," according to Brett Stubbs of the Sydney DAILY TELEGRAPH. The Panthers "are in negotiations with Tasmania's State Government about playing games for premiership points in Hobart, most likely Blundstone Arena or No ...

Tags: Franchises

12/17/13
Nissan Satisfied With First V8 Season

Nissan Managing Dir & CEO Peter Jones "has pledged his full support to the Nissan V8 team with the powerful executive out to help roll Holden in season 2014," according to James Phelps of the Sydney DAILY TELEGRAPH. Jones "gave the four car outfit run by Todd and Rick Kelly a pass mark after the ...

Tags: Franchises, Australia

12/17/13
VW Rules Out 2015 F1 Bid

The Volkswagen Group "has played down suggestions" that it may be interested in bidding for the one or more F1 vacancies "hinted at by last week's call to arms by the FIA," according to CRASH. The FIA "surprised the motorsport world" last week by opening up an opportunity for prospective F1 entrant ...

Tags: Franchises

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