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Financially Struggling Handball Bundesliga Side HSV Hamburg Pays Outstanding Salaries

04 / 24 / 14

The players and head coach Martin Schwalb of financially struggling Handball Bundesliga (HBL) club HSV Hamburg "finally received their March salaries on Tuesday, 17 days behind schedule," according to SPIEGEL ONLINE. It has been reported that club patron Andreas Rudolph "provided the money in advanc...

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Tags: Franchises, Europe

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04/09/14
Port Adelaide Gains 50,000 Members

Australian Football League club Port Adelaide "has emerged as a good example of a club prepared to diligently work to close the divide between the rich and poor as part of the AFL's equalisation debate," according to Jon Pierik of THE AGE. Less than two years ago, the Power "seemingly had no money, ...

Tags: Australia, Franchises

04/09/14
Hearts Administrators Gets 50% Stake

Administrators for Scottish Premiership club Heart of Midlothian "got their hands on 50 per cent of the club" for just £75,000 ($103,000), according to Craig Swan of the Scotland DAILY RECORD. But the long-term future of Hearts "is still hanging in the balance with a decision from Ukio Bankas ...

Tags: Franchises, United Kingdom

04/09/14
Independiente Eyeing July Elections

Argentine second division side Independiente's exec board led by club President Javier Cantero "reached an agreement with the opposition to hold club elections in July, with the exact date to be determined," according to LOS ANDES. The Independiente execs that form Independiente Místico (Trea ...

Tags: Franchises, South America

04/08/14
Hull City Fans Back Tigers Rebrand

EPL side Hull City Owner Assem Allam "has achieved a hollow victory in his quest to change the club's name to Hull Tigers after a narrow majority backed the proposal in a ballot of season-ticket holders," according to Richard Gibson of the London GUARDIAN. Although 2,565 supporters backed "Yes to Hu ...

Tags: Franchises, United Kingdom

04/08/14
Presidents Of Barça, RFEF Meet In Madrid

Barcelona President Josep Maria Bartomeu met with Spanish Football Federation (RFEF) President Angel Maria Villar in Madrid to "address recent sanctions imposed on both parties by FIFA," according to AS. Barcelona is "seeking support to make a joint defense with the RFEF." The meeting "was the first ...

Tags: Franchises, Europe

04/08/14
Arab Offer For La Liga Valencia Withdrawn

Business group the The Unique Premier 54, which is representing the "Arab offer" to buy La Liga side Valencia, announced in a statement that it is "withdrawing its proposal to buy the club," according to the EFE. The group announced that "the decision was made on Monday." Valencia's deadline for bid ...

Tags: Franchises, Europe

04/08/14
Former Owner To Invest In Rapid Bucharest

Former Romanian side Poli Timisoara Owner Marian Iancu announced plans to become a shareholder in Rapid Bucharest "as the troubled football club is struggling to stay financially afloat," according to Jaroslaw Adamowski of INSIDE WORLD FOOTBALL. The move comes following a decision by a Bucharest cou ...

Tags: Franchises, Europe

04/08/14
Argentine Club Independiente Loses Ally

Argentine labor leader Hugo Moyano on Monday "withdrew his political and economic support" for Argentine second division side Independiente, according to LOS ANDES. Moyano said, "For me, the agreement we had reached was not working, and it is over." Moyano is "influential at Independiente" through t ...

Tags: Franchises, South America

04/07/14
Cellino Given Go-Ahead To Buy Leeds

Italian businessman Massimo Cellino "has been given approval to complete the purchase" of League Championship club Leeds United "after an independent Queen's Council overturned the Football League's initial decision to block him," according to Reich & Weir of REUTERS. Cellino, president of Itali ...

Tags: Franchises, United Kingdom

04/07/14
Real Madrid Members Present Lawsuit

With the "objective of returning democracy to Real Madrid, a group of 15 members has sued the club," according to EL CONFIDENCIAL. It is "an attempt to overturn one of the latest changes to the club's statutes." A Madrid judge "admitted the suit on Wednesday." The "origin of the suit: the increase ...

Tags: Franchises, Europe

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