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National Rugby League Side Canterbury Gets Government OK For $93M Project

04 / 18 / 14

National Rugby League side Canterbury Bulldogs "has received the government's go-ahead" for a A$100M ($93M) project "to transform its premises at Belmore into a six-star hotel and create new revenue streams that should guarantee the financial security and strength of the Bulldogs," according to Dani...

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Tags: Franchises, Australia

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09/09/13
Franchise Notes

Chinese Basketball Association side Shanxi Zhongyu has been valued at 151.61M yuan ($24.77M) by an "independent asset appraisal agency," paving the way for the team "to switch its home ground to Beijing" ( XINHUA, 9/8 ). ... La Liga side Valencia has a "key 'game' in its future" as a Sports Limite ...

Tags: Franchises

09/06/13
Sauber's Mysterious Russian Investors

The announced investment in the Sauber F1 Team by three Russian partners remains wrapped in a mystery as two investors would not provide any specifics regarding their involvement, while collaboration with the third company, the National Institute of Aviation Technologies, is going to be just “ ...

Tags: Franchises, Russia, Europe

09/06/13
Ferrari Wary Of Cyber Attacks

F1 team Scuderia Ferrari "has increased its protection against cyber attacks ahead of Sunday's Italian Grand Prix," according to Uhl & Schneider of BILD. Ferrari sponsor anti-virus software company Kaspersky Lab Founder Eugen Kaspersky said, "Our new five-year deal includes a special security pr ...

Tags: Franchises, Europe

09/06/13
Mumbai Tigers Pull Out Of I-League

The withdrawal of Indian football franchise Mumbai Tigers from the I-League "after being granted a direct entry has raised suspicion that they are now interested in the new tournament proposed to be held early next year by the All India Football Federation's marketing partners, IMG-Reliance," accord ...

Tags: Franchises, India

09/06/13
New Twist In Rangers Boardroom Battle

The group seeking to gain entry to the Scottish League 1 Rangers board denies agreeing to a "vote of confidence" in the current regime, according to the BBC. Rangers confirmed on Wednesday that "they would consider a request to add" former Chair John McClelland and three others to their board of dir ...

Tags: Franchises, United Kingdom

09/06/13
Former Chair Presents HSV Reform Plan

A group led by former Exec Chair Ernst-Otto Rieckhoff "has presented a reform concept for Bundesliga club Hamburg SV," according to the DPA. The so-called "HSVPlus" concept, which was presented earlier this week, "has brought back the belief in a better future at the North German club." Former Germa ...

Tags: Franchises, Europe

09/05/13
Cardiff Adds 'Unique' Stadium Features

EPL Cardiff City has "immediately started planning for life in the top tier of English football," according to Joe Strange of the London DAILY MAIL. More than £30M ($47M) was invested in new players over the summer, and "so far that ambition appears to be paying off." It is "not just on the pi ...

Tags: Franchises, United Kingdom

09/05/13
Recipe For Yankees-Man City Partnership

N.Y. Yankees President Randy Levine told SBD Global that the partnership between the MLB franchise and Premier League side Man City is close to naming someone to run NYC FC's business operations, as the Yankees work "collaboratively" with Man City on the business side. The two partnered in May a ...

Tags: Franchises, North America, United Kingdom

09/05/13
Brumbies Could Stay Longer At AIS

The Australian Capital Territory Super League Brumbies "will consider basing their rugby program at the Australian Institute of Sport for the entire 2014 Super Rugby season to avoid a disruptive move in the middle of the campaign," according to Chris Dutton of the CANBERRA TIMES. The Brumbies "have ...

Tags: Franchises, Australia

09/05/13
Rangers To Announce Boardroom Moves

A truce "is expected to be called in the civil war for control" of Scottish League 1 Rangers, according to Scott McDermott of the Scotland DAILY RECORD. An announcement is expected before the weekend which will see former Dir Paul Murray and PricewaterhouseCoopers CEO Frank Blin "appointed ...

Tags: Franchises, United Kingdom

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