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EPL Side Newcastle United's Sale To Amanda Staveley Nears Collapse

Published in SportsBusiness Daily Global on 01 / 18 / 18

The proposed sale of Premier League side Newcastle United is "in jeopardy" after Owner Mike Ashley "sanctioned an inflammatory statement" that accused prospective buyer Amanda Staveley of "wasting his time," according to George Caulkin of the LONDO...

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Tags: Franchises, United Kingdom

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05/19/17
Franchise Notes

A-League hopeful club Southern Expansion  criticized Football Federation Australia  for not accepting its "offer to enter a team in the W-League next season." The Chinese-backed group for the bid covering the St. George, Sutherland and Illawarra regions in NSW expressed its "deep di ...

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05/18/17
New AC Milan Owner Causing Doubts

Confirmation Li Yonghong had "completed his protracted takeover" of AC Milan was greeted with skepticism by "some in the Italian press," according to Ed Aarons of the London GUARDIAN. Far from "being the beginning of a shiny new era" that had been painted by former Owner Silvio Berlusconi after more ...

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05/18/17
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League Championship side Queens Park Rangers will learn this month whether it will " face a fine " of £57.9M ($75M) for a " possible breach of spending limits " in winning promotion to the Premier League three years ago. The club's dispute with the Football League "will be heard by ...

Tags: Franchises

05/17/17
Court Hears Whyte 'Laughed' At Warning

A jury heard that Craig Whyte would "just laugh when his company's lawyer advised him not to buy" Scottish football side Rangers, according to the BBC. Giving evidence to Whyte's fraud trial at the High Court in Glasgow, Gary Withey said that he thought the businessman was "mad" to be trying to take ...

Tags: Franchises, United Kingdom

05/16/17
Port Adelaide Brands Itself 'China's Club'

Unable to "generate sufficient revenues from traditional broadcasting and sponsorship deals," Australian Football League side Port Adelaide turned itself into a "dating agency" that "brings in wealthy investors to meet local companies, gaining a fee if any deal is completed," club Chair David Koch s ...

Tags: Asia, Australia, Franchises

05/16/17
Zak Brown Optimistic For F1's Future

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05/16/17
Franchise Notes

Force India Formula 1  has been "given a suspended fine" of €25,000 ($27,450) after the FIA stewards deemed its car numbers "failed to comply with the new interpretation of the sporting regulations." Prior to the Spanish GP, teams were "told to put larger numbers" on their cars. Force I ...

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05/15/17
Barcelona Approves Plan For NWSL Team

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05/15/17
Canterbury CEO's Email Creates Rift

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Port Adelaide Adds Chinese Partners

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