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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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11/05/13
Thohir Explains Inter Takeover

Serie A Inter Milan's new Owner Erick Thohir has said that "he invested in the club as he expects Italy’s Serie A to rise in prominence over the coming years," according to SOCCEREX. Thohir said, "If I buy a club which doesn’t have a big name or history, then I lose. Why should I buy sha ...

Tags: Franchises, Europe

11/05/13
Barcelona Apologizes To Fans For Wait

The FC Barcelona basketball team has released a "statement saying it will improve its ticketing recall system for minors at its Palau Blaugrana arena," according to MUNDO DEPORTIVO. For Sunday's game between Barcelona and Spanish Basketball League (ACB) side Gipuzkoa, "long lines at the ticket windo ...

Tags: Franchises, Europe

11/04/13
Riis Cycling Sponsor Denies Selling Team

Riis Cycling sponsor Saxo Bank has "denied reports in Italian media that they have been sold to Russian businessman Oleg Tinkov," according to SKY SPORTS. Italy's Gazzetta dello Sport reported on Sunday that Russian businessman Oleg Tinkov had completed a €7M ($9.6M) takeover from "long-time ow ...

Tags: Franchises, Europe

11/04/13
Rangers Board Power Struggles Continue

Former Scottish League 1 Rangers Dir Dave King "has revealed he has been unable to reach a 'consensus agreement' with shareholders locked in a boardroom dispute," according to Mike Farrell of STV. The South Africa-based businessman "has been in Scotland holding meetings with Rangers International Fo ...

Tags: Franchises, United Kingdom

11/04/13
Volleyball Club Has To Find New Main Sponsor

German Volleyball Bundesliga club Unterhaching "has only six weeks to find a new main sponsor or it has to withdraw from the league," according to the FRANKFURTER ALLGEMEINE ZEITUNG. The future of the club "is completely up in the air after its main sponsor, insurance company Generali, announced tha ...

Tags: Franchises, Europe

11/04/13
Former Driver Launches Formula E Team

Japanese driver Aguri Suzuki and Formula E Holdings on Friday reached an agreement that will see Super Aguri Formula E become the sixth team to enter the FIA Formula E Championship. The team, which is based in Tokyo, a major market for electric vehicle technology, is a new adventure for Suzuki. Suzu ...

Tags: Franchises, Asia

11/04/13
Real Madrid Takes Football To China

Real Madrid President Florentino Pérez signed an agreement Friday in Beijing with "the Chinese government to set up the School Soccer Master Plan for China, which has as its aim the creation of football as a subject to be studied in Chinese state schools," according to Hugo Cerezo of MARCA. P ...

Tags: Franchises

11/01/13
Rangers Looking For New CEO

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Tags: Franchises, United Kingdom

11/01/13
Ner Group-Euskadi Partnership Canceled

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Tags: Franchises, Europe

11/01/13
Swansea Reveals $1.1M Profit Increase

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Tags: United Kingdom, Franchises

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