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Fernando Alonso Reportedly Tells Ferrari He Wants To Leave Team At The End Of '14

Published in SportsBusiness Daily Global on 09 / 23 / 14

Scuderia Ferrari driver FERNANDO ALONSO "has reportedly told the Italian team that he intends to leave the squad at the end of the season," according to KRONE. Italy's "Gazzetta dello Sport" reported that Alonso "has informed the team of his intentions after he set conditions that were unacceptabl...

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Tags: People and Pop Culture, Europe

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Liga MX Queretaro Under Investigation

The " huge legal problems " that Liga MX side Queretaro's parent company, Oceanografia, is facing have "finally caught up" with the club, according to Jonny Rico of SOCCERLY. The Mexican government agency "equivalent to the U.S. Internal Revenue Service" has "taken hold of the headquarters of Oceano ...

Tags: Franchises, North America

Univ. De Chile Extends Adidas Kit Deal

Chilean first division side Universidad de Chile and adidas on Friday announced a renewal of their kit deal for seven years, with the club receiving a minimum of $4.7M per year, plus potential bonuses, for a guaranteed total of $33M. The new agreement will take effect starting Jan. '15. Universidad ...

Tags: Franchises, South America

AC Milan Sale Reports 'Totally Unfounded'

AC Milan holding company Fininvest said that the club "is not for sale," according to Ben Gladwell of ESPN. Bloomberg reported on Wednesday that Lazard Ltd., which "recently brokered the sale of Inter Milan from Massimo Moratti to Erick Thohir, had been appointed by Milan to seek out potential inv ...

Tags: Franchises, Europe

Real Zaragoza Exec Looking To Buy Club

Spanish second division side Real Zaragoza Dir General Jesús García-Pitarch announced his "interest in buying a majority share of the club, which is currently in the hands of majority shareholder Agapito Iglesias," according to Pedro Luis Ferrer of AS. García-Pitarch "assured th ...

Tags: Europe, Franchises

Canberra Knights Become CBR Brave

The CBR Brave "has emerged from the ashes of the Canberra Knights to continue the city's legacy in the Australian Ice Hockey League," according to Lee Gaskin of THE AGE. The Brave is ''90 per cent locked in'' to adopting traditional ACT colors navy blue and yellow and will play out of the Phillip Sw ...

Tags: Franchises, Australia

Rangers Investor Prior Backing Dave King

Scottish League 1 Rangers investor Kieran Prior has "thrown his weight" behind former Rangers Dir Dave King's "Rangers revolution," according to Gary Ralston of the Scotland DAILY RECORD. Prior will meet King, "the South African tycoon," in London next week -- and "reckons other major shareholders a ...

Tags: United Kingdom, Franchises

Hull City Owners Renew Threat To Quit

The owners of EPL side Hull City "remain committed to changing the name of the club to Hull Tigers despite stiff opposition" from fan groups, and have reiterated that their threat "to walk away from the club if their plans are blocked," according to the PA. In an open letter published in the Hull Da ...

Tags: Franchises, United Kingdom

Big Losses At Leicester, Nottingham

League Championship sides Leicester City and Nottingham Forest "have reported heavy losses for the 2012-13 financial year," according to David Conn of the London GUARDIAN. The two clubs are "understood to be opposed to the Football League's financial fair play rules in the Championship." Leices ...

Tags: Franchises, United Kingdom

Leeds Takover Could Collapse

The proposed takeover of League Championship side Leeds United by Serie A side Cagliari Owner Massimo Cellino "could collapse this month if Cellino is found guilty in a Sardinian court of failing to pay tax which prosecutors allege was due on a yacht he took to Italy" from the U.S., according to Da ...

Tags: Franchises, United Kingdom

Franchise Notes

ManU is "considering bowing to fan pressure" after nearly three-quarters of those surveyed by the club’s Supporters Trust "declared they would consider not renewing their season tickets if they are charged Champions League prices for Europa League seats next season." A further 17.2% said that ...

Tags: Franchises

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