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Ironman To Continue Expansion Beyond Triathlon Following Wanda Acquisition

Published in SportsBusiness Daily Global on 12 / 09 / 16

Ironman is planning to continue its global expansion by adding other endurance sports, beyond triathlon, to its event portfolio, company CMO Chris Stadler said. Ironman’s parent company, World Triathlon Corp., was acquired by China’s Dalian Wanda Group in Aug. ’15 in a $650M deal. ...

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Tags: Franchises, North America, China

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Franchise Notes

League Championship side Charlton Athletic was named the Johnstone's Paint Community Club of the Year at the Football League Awards 2016 . The club made the shortlist after being named the London regional winner, and beat competition from other regional winners Burnley (North West), Rotherham U ...

Tags: Franchises

NRL Panthers Withdraw Commitment

The "fallout" from New South Wales Sports Minister Stuart Ayres' "failed stadium campaign" has continued with National Rugby League side Penrith Panthers set to withdraw its "commitment to move home games to Parramatta," according to Michael Chammas of the SYDNEY MORNING HERALD. With the NRL "s ...

Tags: Franchises, Australia

Tottenham Looking For Cash Injections

Tottenham Hotspur's "desire" to keep Manager Mauricio Pochettino out of "the clutches of his growing list of suitors could be boosted by Jeff Moorad's attempt to secure finance to invest in the club," according to Matt Law of the London TELEGRAPH. Former American sports agent Moorad has held discuss ...

Tags: Franchises, United Kingdom

New Investors Interested In AC Milan

A Chinese-American group has reportedly overtaken Bee Taechaubol as the likeliest AC Milan investor, but "they want the majority stake," according to FOOTBALL ITALIA. Thai businessman Bee has been in talks with the Rossoneri about acquiring 48% of the club for almost a year, "but significant progres ...

Tags: Franchises, Europe

Townsville Crocodiles Fold

North Queensland's "tough economic climate is being blamed for the collapse" of Townsville's National Basketball League franchise, according to Ed Jackson of the AAP. The league confirmed the Crocodiles will not take part in the '16-17 season, bringing to an end "23 years of representation for ...

Tags: Franchises, Australia

OM Owner Puts Club Up For Sale

Ligue 1 side Olympique de Marseille majority Owner Margarita Louis-Dreyfus on Wednesday said that she is putting the club “up for sale,” according to Jean-François Rosnoblet of REUTERS. The billionaire businesswoman said that she would “sell Marseille to the best long-term i ...

Tags: Franchises, Europe

ManU's Value Has Dropped By $568M

​ManU has seen its value on the stock market fall by over £400M ($568.4M) during the course of the '15-16 season after a "troubling and underwhelming few months for arguably the world's most famous football club," according to Jamie Spencer of YAHOO SPORTS. According to a report from Sky ...

Tags: Franchises, United Kingdom

Mallorca CEO Meets With Robert Sarver

La Liga and Spanish second division side Mallorca shared a workday with the NBA Phoenix Suns on Wednesday. La Liga U.S. Country Manager Raúl led the meetings between La Liga, Mallorca and the Suns, whose owner Robert Sarver acquired the Spanish club in January . Mallorca CEO Maheta ...

Tags: Europe, Franchises

Sea Eagles Hoping To Save Brookvale

National Rugby League side Manly Sea Eagles sought an "urgent and immediate meeting" with New South Wales Premier Mike Baird about stadia funding in "what could be a final push to save famous Brookvale Oval," according to Dean Ritchie of the Sydney DAILY TELEGRAPH. Manly has "reluctantly s ...

Tags: Australia, Franchises

Aston Villa Warns Staff Cuts Are Coming

Aston Villa has warned staff "there will be job cuts due to the club's impending relegation from the Premier League," according to the PA. The club said that "every effort" would be made to reduce staff numbers through voluntary redundancy, but admitted "compulsory redundancies could be necessary." ...

Tags: Franchises, United Kingdom

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