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National Rugby League Side Canterbury Gets Government OK For $93M Project

04 / 18 / 14

National Rugby League side Canterbury Bulldogs "has received the government's go-ahead" for a A$100M ($93M) project "to transform its premises at Belmore into a six-star hotel and create new revenue streams that should guarantee the financial security and strength of the Bulldogs," according to Dani...

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Tags: Franchises, Australia

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11/15/13
Deadline Looms For Possible Atlas Buyers

Liga MX side Atlas has "established this weekend as its deadline for offers for the club's upcoming sale," according to Rigoberto Juárez of LA AFICION. On Tuesday, the "club's leaders will meet to begin the process of determining the transaction." Atlas has hired consulting firm Moore Stephen ...

Tags: Franchises, North America

11/15/13
Franchise Notes

Numbers show that La Liga side Atlético Madrid fans are "more loyal than ever." The club has broken the record for highest number of members with a total of 62,000 -- 41,512 season-ticket holders, 20,488 without season tickets. The record "will have already been beaten again," as the club's o ...

Tags: Franchises

11/14/13
Rangers: Police Probing Green Signature

Police "are investigating" whether "disgraced" Scottish League 1 Rangers Owner Craig Whyte "forged" former Owner Charles Green’s signature in the club's takeover, according to Mark McGivern of the Scotland DAILY RECORD. The club denied Whyte "still had links to the club" but "confirmed a probe ...

Tags: Franchises, United Kingdom

11/14/13
Collection Claim Against Sauber F1 Team

The electric utility company of the Swiss Canton of Zürich (EKZ) "filed a collection claim against F1 team Sauber in mid-October," according to Jean-Francois Tanda of the HANDELSZEITUNG. The claim over an amount of 53,848 Swiss francs ($58,800) "is for unpaid electricity bills." The EKZ said th ...

Tags: Franchises, Europe

11/13/13
Hull City Announces $44M Loss

EPL Hull City is expected to announce this week that the club "made a loss in its promotion year to the Premier League" of £27.8M ($44.2M), according to David Conn of the London GUARDIAN. The figure "principally financed" Manager Steve Bruce's signings and an increased wage bill in the 12 mont ...

Tags: Franchises, United Kingdom

11/13/13
Police Investigating Whyte Links At Ibrox

Police "are investigating" whether former Scottish League 1 Rangers Owner Craig Whyte "is still involved" with the club, according to Alasdair Lamont of the BBC. When the Scottish FA transferred the liquidated company's membership to a new company, "the key requirement" was the total lack of involve ...

Tags: Franchises, United Kingdom

11/13/13
Exec Confirms Sale Of Mexican Club

Mexican second division side Nexaca President Felix Aguirre "confirmed speculation and indicated that the club is in negotiations to sell the team," according to Rubén Guerrero of LA AFICION. Aguirre: "The team is in the process of being sold. This is not a rumor, it is a fact. We are waiting ...

Tags: Franchises, North America

11/12/13
Volvo Considers Adding More Cars To V8

Volvo said that "it is already considering adding more cars to the V8 Supercars field as early as 2015," according to the AAP. The Swedish manufacturer "is set to join the category next season under the banner Volvo Polestar Racing, in partnership with existing outfit Garry Rogers Motorsport." The t ...

Tags: Franchises, Australia

11/12/13
Canberra Could Become Richest Baseball

The Canberra Cavalry "could become the richest club in the Australian Baseball League if they can win the Asia Series in Taiwan" to claim the A$500,000 ($468,000) prizemoney, according to David Polkinghorne of the CANBERRA TIMES. Cavalry GM Thom Carter said that "they would be massive underdogs, up ...

Tags: Franchises, Australia

11/12/13
PSG Aims To Be World's Richest Club

Ligue 1 side Paris St. Germain "is targeting the status of the richest football club in the world" by the '16-17 season, according to Arnaud Hermant of LE PARISIEN. A confidential document written for PSG President Nasser Al-Khelaifi outlines the club's "plans to reach a budget" of €540M ( ...

Tags: Franchises, Europe

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