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Rangers' Sports Direct Deal Could Last Until '22; Club Promises To Reveal Ashley's Dealings

Published in SportsBusiness Daily Global on 05 / 28 / 15

Scottish Championship side Rangers are "ready to go to war with Mike Ashley in a bid to rip up a crippling commercial deal which includes a massive seven-year notice period," according to Keith Jackson of the Scotland DAILY RECORD. The Ibrox club confirmed on Tuesday that it has "agreed to Ashl...

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Tags: Franchises, United Kingdom

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Franchise Notes

A group of ex-Caterham F1 employees have "issued employment tribunal proceedings against the team claiming unfair dismissal, their lawyer says." The 38 staff "were dismissed in July by new owners after a Swiss-Middle Eastern consortium bought the team from founder Tony Fernandes." Solicitor Christop ...

Tags: Franchises

ManU's Roster EPL's Most Expensive Ever

ManU is attempting to "return to the summit of the Premier League with the most expensive squad ever assembled in the English game," according to Adam Shergold of the London DAILY MAIL. The arrival of Angel Di Maria this week "takes the combined transfer fees" of the squad to £401.2M ($665.5M) ...

Tags: United Kingdom, Franchises

NRL Parramatta Enjoying Resurgence

National Rugby League side Parramatta player Jarryd Hayne will visit the reigning NFL Super Bowl champion Seattle Seahawks "as part of a new blueprint aimed at switching Parramatta from NRL laughing stock to Australia's most successful sports logo," according to Nick Walshaw of the Sydney DAILY TEL ...

Tags: Franchises, Australia

Barça To Take Liability Action Forward

Barcelona's club management "decided to go ahead with the Corporate Liability Action proceedings" against former President Joan Laporta and 16 former execs on Monday "following a tense meeting that lasted over six hours," according to Luis F. Rojo of MARCA. The length of the debate "highlights the ...

Tags: Europe, Franchises

Atlético Currently Over Spending Limit

Atlético Madrid "will experience uncertainty until the market closes" on Monday "because currently, the club has spent more than" the amount permitted by the Spanish Football League (LFP), according to GOAL. An LFP regulation requires that "the annual sum spent on a roster" cannot exceed 70% ...

Tags: Europe, Franchises

Former A-League Franchise Plans Return

One of the key figures in former A-League franchise North Queensland Fury "believes the club can be successfully resurrected," according to Ray Gatt of THE AUSTRALIAN. However, Queensland Local Government Minister David Crisafulli "has expressed concern that the poor crowd for last Sunday's opening ...

Tags: Franchises, Australia

Koukash Wants To Own NRL Club

Super League rugby side Salford Red Devils Chair Marwan Koukash "is prepared to pay cash up front" in an attempt to fulfill his ambition of purchasing a National Rugby League team before next year's kickoff, according to Adrian Proszenko of the SYDNEY MORNING HERALD. Koukash already owns the Salford ...

Tags: Franchises, Australia

S. Korean Club To Be Named Seoul Eland

Officials announced that the new professional football club set to join South Korea's second division next year "will be named Seoul Eland FC," according to YONHAP. Eland, a local conglomerate with affiliates in retail, apparel and food service, last week "received the green light" from the K-League ...

Tags: Franchises, Asia

AFL Club Receives Memorabilia Donation

A "mystery benefactor" has donated A$1.5M ($1.4M) worth of memorabilia to Australian Football League side Collingwood -- "a collection that includes the Brownlow Medal the late Len Thompson sold for his children's sake," according to Jake Niall of THE AGE. The benefactor "has given Collingwood ...

Tags: Franchises, Australia

Zenit Backs New Basketball Club

A new basketball squad will be formed in St. Petersburg as part of a club structure that runs the flagship football squad Zenit. FC Zenit's sponsor, the natural gas giant Gazprom, may also provide funding for the basketball squad, according to press reports. A source in FC Zenit told SBD Global that ...

Tags: Russia, Franchises

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