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Ironman To Continue Expansion Beyond Triathlon Following Wanda Acquisition

Published in SportsBusiness Daily Global on 12 / 09 / 16

Ironman is planning to continue its global expansion by adding other endurance sports, beyond triathlon, to its event portfolio, company CMO Chris Stadler said. Ironman’s parent company, World Triathlon Corp., was acquired by China’s Dalian Wanda Group in Aug. ’15 in a $650M deal. ...

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Tags: Franchises, North America, China

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Rugby Side Wasps Launch Netball Team

Premiership rugby side Wasps "officially launched a new netball team and unveiled one of the top figures in the sport" as its new director of netball, according to RUNNING RUGBY. Tamsin Greenway, currently the coach of the England U21 team, has signed up for Wasps Netball as the team gets ready ...

Tags: Franchises, United Kingdom

Warriors Increase Budget By 25%

Amid the "major news" of Premiership rugby side Worcester Warriors Rugby Dir Dean Ryan's departure from the club, CEO Jim O'Toole has "taken the opportunity to reiterate the long-term financial commitment" to becoming an established Premiership club and confirm that the budget for the forthcoming se ...

Tags: Franchises, United Kingdom

Cannondale To Become Cannondale-Drapac

The Cannondale cycling team will become Cannondale-Drapac for the Tour de France and the remainder of this season, with "a full merger between the American WorldTour squad and the Australian Pro Continental Drapac outfit" announced for '17, according to CYCLING NEWS. The deal "is set to run for five ...

Tags: Franchises, Europe

Rivals Eyeing Western's Poker Machines

Australian Football League clubs and Melbourne Racing Club "are circling 70 poker machines set to be sold by the Western Bulldogs," according to Baker & Warner of the HERALD SUN. The Bulldogs "are offloading the machines after a proposed pokies development in Maribyrnong went belly-up."&nbs ...

Tags: Australia, Franchises

Berlusconi Reportedly Agrees To Sale

AC Milan President Silvio Berlusconi has reportedly agreed to a deal to sell 80% of the club to a Chinese group, according to FOOTBALL ITALIA. A conglomerate from the Far East "has been in negotiations to purchase the Rossoneri in recent months," with the deal delayed by Berlusconi’s hear ...

Tags: Europe, Franchises

Port Adelaide Building Following In China

At a time when it is "fashionable to avoid China," Australian Football League club Port Adelaide is "showing how it's done," according to Angus Grigg of the AUSTRALIAN FINANCIAL REVIEW. Traditionally "working class" Port Adelaide has over the last three years "put together and executed a commendable ...

Tags: Australia, Franchises

Collingwood Applies For More Pokies

Australian Football League side Collingwood has "applied for extra poker machines just days after telling the Melbourne City Council it wants out of the lucrative but contentious business," according to Baker & Warner of the HERALD SUN. The club has "lodged an application to increase the ...

Tags: Australia, Franchises

Collingwood Hopes To Be Pokies-Free

Australian Football League side Collingwood "aims to be pokies-free within a decade," according to Baker & Warner of the HERALD SUN. The ambition "is set out in a Melbourne City Council management report" which recommends the council enter into a A$3M ($2.1M), 10-year deal with the Pies "for acc ...

Tags: Franchises, Australia

Thistle To Meet With SPFL Over Fixtures

Scottish Premiership side Partick Thistle retained "hope of securing compensation from the Scottish Professional Football League after a meeting was scheduled" to discuss its fixture complaint, according to the SCOTSMAN. The SPFL "is understood to have rejected calls to change the Ladbrokes Premiers ...

Tags: Franchises, United Kingdom

KHL Confirms Chinese Addition

The Russia-based Kontinental Hockey League has "confirmed that it will add a Chinese club next season as it competes against the NHL in Asian markets," according to the AP. Kunlun Red Star has been approved by the KHL board "to join the league and now faces a rush to get ready for the start of play ...

Tags: Franchises, China, Russia

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