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Scandal Over Barcelona's Signing Of Neymar Poised For New Twist

Published in SportsBusiness Daily Global on 08 / 03 / 15

The Neymar transfer scandal, "which has plagued Barcelona" since club member Jordi Cases sued former President Sandro Rosell for misappropriating part of the Brazilian striker's transfer fee, could take "yet another twist over the next few days," according to J.P. Madrid of MARCA. It "all stems from...

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Tags: Europe, Franchises

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03/24/15
Franchise Notes

Malaysia-based conglomerate Genting has dismissed rumors about "purchasing or investing" in League Championship side Leeds United. The development "follows speculation" that the global company, which has interests in tourism, resorts, gaming and plantations, "could be lining up a move for the club." ...

Tags: Franchises

03/20/15
Hull City May Undergo Name Change

EPL side Hull City Supporters' Trust has "once again called upon the club's owners to abandon plans to change the club name to Hull Tigers," according to the PA. The FA rejected owner Assem Allam's "attempt to rebrand" last year but on Monday an arbitration tribunal ruled that that decision had been ...

Tags: Franchises, Europe

03/20/15
Serie A Side Parma Declared Bankrupt

An Italian court has declared Serie A side Parma "bankrupt in a hearing that lasted only 10 minutes," according to the London GUARDIAN. It is "not yet clear" whether Parma will be able to finish the season, though there was a plan in place with the league’s governing b ...

Tags: Franchises, Europe

03/19/15
KFC Uerdingen Secures Russian Investor

German fourth division football club KFC Uerdingen "is hoping to return to past glory with the help of a Russian investor," according to the SID. Mikhail Ponomarev, who already supports various other clubs across different sports, has become second chairman of the club. With the help of pharmaceutic ...

Tags: Franchises, Europe

03/19/15
Parma Chair Giampietro Manenti Arrested

Italian police said that Serie A side Parma Chair Giampietro Manenti and 21 others "have been arrested on charges including embezzlement and money-laundering," according to Isla Binnie of REUTERS. Manenti, whose club faces a bankruptcy hearing on Thursday, "is accused of investing illicit funds ...

Tags: Franchises, Europe

03/19/15
F1 Driver Van Der Garde In Rights Plea

Dutch F1 driver Giedo van der Garde has made an "impassioned plea" for the rights of aspiring Formula 1 drivers "broken" by the sport as he announced a "multimillion-pound settlement after his controversial court action against the Sauber team," according to Kevin Eason of the LONDON TIMES. Van der ...

Tags: Europe, Franchises

03/18/15
VRC Set To Target Asian Market

European raiders "have been a vital component in driving global interest and building the profile of the Melbourne Cup carnival, but the Victoria Racing Club's main focus now is on growing Asian involvement in Australian racing's best-known show," according to Michael Lynch of the SYDNEY MORNING HER ...

Tags: Franchises, Australia

03/18/15
Melbourne City Crowds Plummet

A-League side Melbourne City’s crowds "continue to plummet alarmingly," yet there is a chance Melbourne could receive a third team when the A-League expands in the coming years, opined Matt Windley of the HERALD SUN. Well, Football Federation Australia is on record as saying it "wants to fish ...

Tags: Franchises, Australia

03/18/15
Manor To Pay Toward Travel Expenses

Related story: Ecclestone Says Manor Marussia Team To Pay For Failure To Race F1 CEO Bernie Ecclestone "condemned the Manor Grand Prix team for rushing to the Melbourne grid" without a chance of starting its cars, according to Kevin Eason of the LONDON TIMES. Eccles ...

Tags: Franchises, Australia

03/18/15
Koukash Appoints Advisors In Australia

English Super League club Salford Owner Marwan Koukash "set up a team of advisors in Australia to push ahead with his bid" to purchase a National Rugby League club, according to Gareth Walker of the London DAILY MIRROR. Koukash has also spoken to Kangaroos coach Tim Sheens "about the unnamed club, w ...

Tags: Franchises, Australia

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