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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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10/23/13
MOE To Help Find Brother Elephants Buyer

Taiwan Education Minister Chiang Wei-ling said on Monday that the Ministry of Education is lending a helping hand to the Brother Elephants, "one of the most popular teams in Taiwan's professional baseball league," in its search for a new owner, according to the CNA. Chiang: "The ministry has been in ...

Tags: Franchises, Asia

10/22/13
F1's Alonso Eyeing '15 WorldTour Team

F1 driver Fernando Alonso's advisers confirmed that the "project to create a cycling team is alive and well despite the collapse of talks to save Euskaltel-Euskadi," according to Andrew Hood of VELO NEWS. Alonso's adviser, Luis Garcia Abad, said that the team’s future "would be revealed during ...

Tags: Europe, Franchises

10/22/13
Barcelona Buys Training Facility Land

Barcelona has announced its €8.2M ($11.2M) purchase of a plot of land next to the club's Ciudad Deportiva training facility, according to the EFE. The purchase "will increase the Ciudad Deportiva's area by 20%." Barcelona said in a statement that it is a "strategic investment." The land purchas ...

Tags: Europe, Franchises

10/22/13
McLaren Plans Attack On Red Bull, Vettel

F1 team McLaren "is reportedly planning a massive attack on Red Bull and driver Sebastian Vettel," according to Frank Schneider of BILD. At "the core of the plan is current Ferrari driver Fernando Alonso." The Spaniard has been chasing a third world championship title for four years with the Italian ...

Tags: Franchises, United Kingdom

10/22/13
Group Seeking A-League Club Purchase

Football Federation Australia CEO David Gallop "has played down suggestions of an imminent sale of Australian sporting success story Western Sydney Wanderers despite indications a consortium is close to sealing a deal," according to Ray Gatt of THE AUSTRALIAN. A group of businessmen from Asia and Au ...

Tags: Franchises, Australia

10/22/13
Chinese Baseball Club Up For Sale

Chinese Professional Baseball League team the Brother Elephants President Hung Jui-ho said that the team "is being put up for sale because of heavy financial losses," according to the CNA. Hung said, "I'm here to announce a painful decision made by the board of directors -- the Brother Elephants wil ...

Tags: Franchises, Asia

10/21/13
ProSport: Chelsea Engaging Fans Globally

FC Chelsea relies heavily on a customer relationship management system to engage fans globally, the club's Head of Digital Marketing and CRM Jerry Newman told delegates at the ProSport conference in Moscow on Thursday. As part of its digital marketing program, FC Chelsea collects data on its estimat ...

Tags: Franchises, Russia, United Kingdom

10/21/13
Governance A Threat To Rangers Shares

Someone "wouldn't run a football match the way the Rangers Plc. is being managed," according to Kate Burgess of the FINANCIAL TIMES. Even before Scottish League 1 Rangers Int'l Football Club "has completed its first full year as a public company, it has lost all but one of its original eight directo ...

Tags: Franchises, United Kingdom

10/18/13
Anfield Project Takes Step Forward

Plans to redevelop EPL Liverpool's Anfield football grounds are "poised to take a step forward as councillors are set to agree to the compulsory purchase of properties," according to Steve Graves of the LIVERPOOL ECHO. The £260M ($420M) Anfield Project "relies on nearly 700 houses being demoli ...

Tags: Franchises, United Kingdom

10/18/13
Franchise Notes

The maximum fine faced by National Rugby League club Cronulla after the Australian Sports Anti-Doping Authority investigation will be A$1M ($964,000) -- half the A$2M penalty the Australian Football League recently imposed on Essendon. While the NRL "will not confirm that action will be taken a ...

Tags: Franchises

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