Featured Story

Renault To Invest More In Formula E, But Questions Future Role In F1

Published in SportsBusiness Daily Global on 06 / 30 / 15

Renault CEO Carlos Ghosn said that the manufacturer will "invest more in Formula E after a successful debut season for the world's first electric racing series," according to Alan Baldwin of REUTERS. Ghosn: "We are going to be bigger in Formula E. You are going to see us much more involved in Formul...

Read More

Tags: Franchises

More Stories

06/18/15
Joan Laporta To Run For Barça Presidency

Former Barcelona President Joan Laporta has announced that he "will run for the club's presidency again in this summer's elections," according to the PA. The election will take place on July 18. Laporta was president from '03-10, hiring popular managers Frank Rijkaard and Pep Guardiola, "with both m ...

Tags: Franchises, Europe

06/18/15
CSKA Sofia Will "Disappear" After Sale

Bulgarian side CSKA Sofia looks "set to disappear from the country's football map" if ownership negotiations over the franchise and its name are completed, according to Alexander Krassimirov of INSIDE WORLD FOOTBALL. Litex Lovech Owner Grisha Ganchev is "currently in discussions to rename the c ...

Tags: Franchises, Europe

06/18/15
Polish Club For Sale After Relegation

Polish football club Zawisza Bydgoszcz Owner Radoslaw Osuch announced plans to sell the club following its relegation from Poland's top tier, the Ekstraklasa, "and the decision by the municipal authorities of Bydgoszcz to reduce their support to the troubled side," according to Jaroslaw Ad ...

Tags: Franchises, Europe

06/18/15
Dantoe Reiterates Desire To Buy Arsenal

Africa's richest man, Aliko Dangote, has "reiterated his desire to buy" Arsenal, according to Tom Sheen of the London INDEPENDENT. The Nigerian commodities businessman is worth an estimated $18.4B. The 58-year-old said that he "believes that the building of a new oil refinery will give him ...

Tags: Franchises

06/17/15
NBA Suns Owner Eyeing La Liga Levante

La Liga side Levante "has on the table a proposal to sell the club," according to Víctor López of AS. On Monday, the club's majority shareholder, Fundación Cent Anys del Levante UD, which owns 70% of the shares, decided that there will be a meeting on June 23 to "decide whether ...

Tags: Europe, Franchises

06/17/15
Scottish Rangers Shareholders Back Board

Just more than half of Scottish Championship side Rangers' shareholders "have voted against the immediate repayment" of a £5M ($7.8M) loan provided by shareholder Mike Ashley, according to the BBC. The EPL side Newcastle owner, who also has a 9% stake in Rangers, called Friday's extraordinary ...

Tags: Franchises, United Kingdom

06/17/15
Chelsea Makes Moves On Stadium Expansion

Chelsea will seek to "allay any concerns from local residents and businesses" over a possible redevelopment of Stamford Bridge at a series of meetings this month, according to Gary Jacob of the LONDON TIMES. The west London club has "drawn up plans for increasing the capacity of the stadium" af ...

Tags: Franchises, United Kingdom

06/17/15
Franchise Notes

Brazilian comedy video production company Porta dos Fundos was "forced to take down a video that satirized" Brasileiro side Botafogo for its "excess of sponsors" on its jerseys. In addition, the club took the case to court for unauthorized use of its logo and is "now charging" the company R$10M ($3M ...

Tags: Franchises

06/16/15
Volkswagen Has No Intentions To Join F1

Volkswagen has no intentions of entering F1, according to a high-ranking official of the German car brand. Volkswagen Motorsport Dir Jost Capito told SBD Global "there are no talks" about joining F1. Volkswagen, as a volume manufacturer, is more interested in activities that represent cars that peop ...

Tags: Franchises, Europe

06/16/15
ManU Owners Glazers Could Lose Fan Dislike

The Glazers are "unlikely to ever be liked, let alone loved," by fans of ManU, according to Neil Maidment of REUTERS. Yet the Glazers are now "assuaging some of their critics" as the club said that it will "bankroll new player signings and is in a position to return to Europe's biggest cup comp ...

Tags: Franchises, United Kingdom

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug