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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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11/11/13
Rangers Manager Approves Of New Chair

Scottish League 1 Rangers Manager Ally McCoist is confident new Rangers Chair David Somers "knows what he has got himself into after a constructive first meeting yesterday," according to Euan McLean of the Scotland DAILY RECORD. McCoist came "face to face with the new Ibrox figurehead whose controve ...

Tags: Franchises, United Kingdom

11/08/13
Nissan's V8 Return Season $5M Waste

Nissan has written off its debut V8 Supercars season as a A$5M ($4.7M) "waste with a botched aerodynamics test" ruining its history-making year, according to James Phelps of the Sydney DAILY TELEGRAPH. The powerful Japanese manufacturer "has demanded a new test on their aerodynamics package with dri ...

Tags: Franchises, Australia

11/08/13
AFL Club To Pay Near Full Salary Cap

Australian Football League club North Melbourne will pay close to 100% of the salary cap for the first time next year -- but "fears it could be a flash in the pan unless AFL equalisation measures can level the playing field," according to Grant Baker of HERALD SUN. The Kangaroos are poised to announ ...

Tags: Franchises, Australia

11/08/13
Rangers Set AGM Date, Appoint Chair

Scottish League 1 Rangers have appointed Fund Manager David Somers as their acting chairman, according to the HERALD SCOTLAND. The club announced to the London Stock Exchange that the 65-year-old "would oversee the appointment of a chief executive, a role which has been vacant since Craig Mather lef ...

Tags: Franchises

11/08/13
Argentine Side All Boys Back To Work

Argentine first division side All Boys players decided on Wednesday morning not to "participate in practice due to the club owing players payments from August, September and October," according to CLARIN. The "delay in payment ranged from three to six months, depending on when players joined the clu ...

Tags: Franchises, South America

11/07/13
Red Bull Pays Cost Of Winning

Four-time F1 world champion Sebastian Vettel’s "relentless pursuit of victory" could could drive Red Bull "to the most expensive world championship win in the history of Formula One," according to Kevin Eason of the LONDON TIMES. Red Bull is expected to pick up an estimated £80M ($130M) ...

Tags: Franchises, Europe

11/07/13
New Investor Wants DEG Back On Top

German Hockey League (DEL) club Dusseldorf EG's new investor Russian businessman Mikhail Ponomarev said that the club "has to return to the top," according to Otto Krause of the EXPRESS. Ponomarev said, "It can't be that an eight-time champion with the lowest payroll in the league is at the bottom o ...

Tags: Franchises, Europe

11/06/13
Deportivo Upset With La Liga Celta Vigo

Spanish second division side Deportivo La Coruña is "very close to ending its relationship" with La Liga side Celta Vigo, according to Juan Yordi of MARCA. Deportivo is "upset with Celta's attitude in regards to rosters." Deportivo and Celta have "long had a gentleman's agreement, in the sens ...

Tags: Europe, Franchises

11/06/13
Sale Of Spanish Club Girona Close

About "10 days ago, Mona Mahamud, a representative of an Abu Dhabi group of investors, visited Spanish second division side Girona with the intention of buying majority shares in the club," according to SPORT. Mahamud visited "the Girona offices making an offer" of approximately €10M ($13.5M). ...

Tags: Europe, Franchises

11/05/13
All Blacks Raise Asia's Rugby's Profile

While Japan got its moment in the rugby spotlight with its test in Tokyo against the All Blacks, the match "also had benefits for the New Zealand Rugby Union as it promoted its most famous brand in Asia," according to Emma Stoney of the N.Y. TIMES. The fact that New Zealand "was playing its first of ...

Tags: Franchises, Asia

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