Featured Story

Kontinental Hockey League Confirms Chinese Club Kunlun Red Star Will Join League

Published in SportsBusiness Daily Global on 06 / 27 / 16

The Russia-based Kontinental Hockey League has "confirmed that it will add a Chinese club next season as it competes against the NHL in Asian markets," according to the AP. Kunlun Red Star has been approved by the KHL board "to join the league and now faces a rush to get ready for the start of play ...

Read More

Tags: Franchises, China, Russia

More Stories

06/13/16
Eels Face A$1.3M Salary Cap Hit

National Rugby League side Parramatta will "have to carry" more than A$1.3M ($960,000) worth of "shonky promised payments" in its salary cap during the next three years as the fallout from its "systematic cheating threatens future premiership campaigns," according to Adrian Proszenko of the SYDNEY M ...

Tags: Franchises, Australia

06/10/16
Parker 'Cut Brumbies Ties' After Query

Court documents allege that the vice-chancellor of the University of Canberra "severed all ties with the management" of Super Rugby side ACT Brumbies, despite it being based on campus, after its CEO exposed "questionable dealings between the entities," according to Anthony Klan of THE AUSTRALIAN. In ...

Tags: Franchises, Australia

06/10/16
Piazza Buys Majority Share In Reggiana

MLB Hall of Fame player Mike Piazza has "bought a majority share" in third-tier Italian LegaPro club AC Reggiana, according to Selene Scarsi of ESPN. Piazza, who last year considered purchasing Parma "before the side's excessive debts stalled negotiations," announced the news on his Twitter page, po ...

Tags: Franchises, Europe

06/10/16
Franchise Notes

La Liga side Real Betis launched its "No hay palabras, sólo hechos" ("There are no words, only facts")  season ticket campaign for the upcoming season. The campaign "has several key points: there will be a price increase of about 15%, fans with tickets in the Gol Sur zone will be ...

Tags: Franchises

06/09/16
Real Madrid Prepares For Transfer Ban

Real Madrid is "preparing for a FIFA transfer ban" and a report says this summer "could be as busy as 2009, when Kaka, Xabi Alonso and Cristiano Ronaldo joined," according to FOOTBALL ESPANA. Real Madrid and Atlético Madrid both "face sanction for the signing of under-18s from outside Spain a ...

Tags: Franchises, Europe

06/09/16
AC Milan Sale Deadline To Be Extended

The deadline for the sale of Serie A side AC Milan "could be extended, as the two parties haggle over clauses," according to FOOTBALL ITALIA. Milan President Silvio Berlusconi "is in negotiations with a Chinese consortium, but a preliminary agreement must be signed by June 15." However, Corriere del ...

Tags: Franchises, Europe

06/09/16
Atlético To Manage Lens' Sports Dept.

Atlético Madrid "is going forward with its int'l expansion plan" and this "explains the acquisition of a 35% stake in Ligue 2 side Lens ," according to F.J. Díaz of AS. Atlético's intention "is clear: bring Lens to Ligue 1 and make it one of the strongest clubs in France." ...

Tags: Europe, Franchises

06/09/16
UCI Urged To Halt Bahrain Cycling Team

Human rights groups "have written to world cycling’s governing body, urging it to reject an attempt by a member of Bahrain’s ruling royal family to bankroll the Middle East’s first professional WorldTour cycling team," according to Owen Gibson of the London GUARDIAN. Organizations ...

Tags: Franchises, Middle East

06/08/16
Fans Fund Manager's Salary In One Day

Scottish Premiership side Celtic fans "have made a season-ticket surge to cover the cost of the Brendan Rodgers revolution in just one day," according to Michael Gannon of the Scotland DAILY RECORD. The Hoops coffers "were swelled after thousands snapped up briefs on the first day of the genera ...

Tags: Franchises, United Kingdom

06/08/16
American Investor Buys Troyes

Relegated to Ligue 2 after a "catastrophic" season in Ligue 1, "Troyes is changing owners,” according to L’ÉQUIPE. Troyes majority shareholder and President Daniel Masoni announced on Monday that the club “will be bought by an American investor, Gary Allen.” Masoni sai ...

Tags: Franchises, Europe

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug