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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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11/01/12
NRL Cowboys Offer Star Players Slice Of Cap

National Ruby League club North Queensland Cowboys are ready to allocate each of their off-contract stars "a percentage of the salary cap" as they look to juggle the retention of their best players "with ongoing uncertainty over what the future holds for player payments," according to Brent Read of ...

Tags: Franchises, Australia

11/01/12
Cheshire Jets Thrown Out Of BBL

The Cheshire Jets have been thrown out of the British Basketball League "because of their financial problems," according to the BBC.com. New Owner Hadyn Cook "saved the club from going out of existence last month." The Jets asked the league to postpone Sunday's fixture against the Mersey Tigers as C ...

Tags: Franchises, United Kingdom

10/30/12
Rangers Boss: We Won't Play In SPL

Scottish Football League Third Division Rangers CEO Charles Green has "hit out the planned restructuring of the Scottish Premier League and insisted his club will never again play in it on his watch," according to the London DAILY MAIL. Green said he has "no interest in helping the SPL" after the pu ...

Tags: Franchises, United Kingdom

10/30/12
Boxer Files Charges Against Universum

German boxer Sebastian Zbik is "tired of waiting for his money and brought charges against the representatives of Universum Boxpromotion GmbH," according to Björn Jensen of the HAMBURGER ABENDBLATT. In addition, Zbik's lawyers "also requested the opening of insolvency proceedings for the once s ...

Tags: Franchises, Europe

10/29/12
AFL Crows Fined And Lose Draft Picks

Australian Football League club Adelaide Crows are expecting to have selections taken from them over the next two national drafts as well as "being heavily fined by the AFL" for violating the salary cap for the past three years, according to Greg Denham of THE AUSTRALIAN. As the Kurt Tippett investi ...

Tags: Franchises, Australia

10/29/12
Leeds United Takeover Imminent

GFH Capital's protracted takover of Championship club Leeds United "appeared to be a step closer" Saturday after the Dubai-based firm provided confirmation that it has the money needed to close out a £52M ($83.7M) deal," according to Phil Hay of the YORKSHIRE EVENING POST. A joint statement is ...

Tags: Franchises, United Kingdom

10/26/12
Deccan Bought By Media Conglomerate

The Board of Control for Cricket in India announced that a Chennai-based media corporation has bagged the Hyderabad franchise of the Indian Premier League Twenty20 tournament for an annual fee of $15.81M, according to Amlan Chakraborty of REUTERS. The club was formerly known as the Deccan Chargers. ...

Tags: Franchises, India

10/26/12
Report: Ex-Rangers Boss Asked To Lie

A senior partner with Scottish Third Division Rangers administrators Duff & Phelps knew former Owner Craig Whyte "had sold season ticket rights to buy the club despite publicly denying it," according to David Taylor of the Scotland DAILY RECORD. The BBC "obtained a secret recording" in which it ...

Tags: Franchises, United Kingdom

10/26/12
ManU Forced Into 'Embarrassing' Apology

ManU has been "forced to issue an embarrassing apology" after the club offered sought-after derby tickets as a sweetener to potential corporate clients, according to Mike Keegan of the MANCHESTER EVENING NEWS. The team contacted would-be customers via email and told them that if they paid upward of ...

Tags: United Kingdom, Franchises

10/25/12
Hearts Hit With Two-Month Embargo

Scottish Premier League club Hearts FC was "hit with a 60-day transfer ban" by the SPL after failing to pay six players and Manager John McGlynn on time this month, according to the SCOTSMAN. The decision was taken "following a meeting of an SPL board sub-committee after the Tynecastle club admitted ...

Tags: Franchises, United Kingdom

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