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Russian Economic Crisis Drives Transfer Market Spending To 14-Year Low

Published in SportsBusiness Daily Global on 03 / 04 / 15

Russian Premier League clubs’ transfer spending in this year’s winter window hit a 14-year low. The Premier League's 16 clubs spent only €6M on transfers between them, the lowest figure for a winter transfer campaign since '01 and a drastic decline from €39M spent in the winter...

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Tags: International Football, Russia

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Lim, Valencia Lender Finalize Sale

Singapore businessman Peter Lim's purchase of La Liga side Valencia is "entering its final phase," according to Conrado Valle of AS. A "principle agreement" between Lim's company, Meriton, and lender Bankia was expected to be announced on Tuesday. Lim is expected to acquire a 70% stake in the club ...

Tags: Europe, Franchises

Leeds Players Called To Meet Cellino

League Championship Leeds United's players "were recalled from their holidays" to meet Owner Massimo Cellino on Monday, according to SKY SPORTS. The players "have reportedly not been paid for the last month after the Championship club were hit by a winding-up petition" after missing the date to repa ...

Tags: Franchises, United Kingdom

One Direction Singer Eyes Third-Tier Club

League One side Doncaster Rovers confirmed that One Direction star Louis Tomlinson "is in talks with the owners about a proposed takeover," according to Jenn Selby of the London INDEPENDENT. A spokesperson for the Doncaster Rovers owners confirmed that they "have been approached and dialogue has tak ...

Tags: Franchises, United Kingdom

Fans Urge CEO To Reveal Ticket Sales

Supporters of Scottish Championship side Rangers have urged club CEO Graham Wallace "to come clean about season ticket sales and the state of the club’s finances," according to Euan McLean of the Scotland DAILY RECORD. The Union of Fans group issued a statement "demanding clarity on how many s ...

Tags: Franchises, United Kingdom

Honda Not Interested In Buying McLaren

McLaren has dismissed suggestions Honda is "poised to purchase a stake in the team," according to Ian Parkes of the PA. After what will be a seven-year absence come next season, Honda returns to F1 next year "as power-unit suppliers to McLaren after signing a long-term deal with the Woking-based mar ...

Tags: Franchises, United Kingdom, Japan

Western Sydney Wanderers Sold

One of "the most protracted ownership handovers in Australian sport has finally been concluded" with A-League club Western Sydney "officially going into private ownership on June 30," according to Sebastian Hassett of the SYDNEY MORNING HERALD. The new ownership consortium is headed by Primo Smallgo ...

Tags: Franchises, Australia

Red Bull Considers Engine Switch To VW

F1 team Red Bull "is putting pressure on engine supplier Renault after the team's disappointing start to the season," according to the SID. It has also been reported that Red Bull "is flirting with VW should Renault's developments fail to materialize." Red Bull Motorsports Dir Helmut Marko said, "VW ...

Tags: Franchises, Europe

Owner Moves Second-Tier Mexican Club

Mexican second division side Estudiantes Tecos will be moved by its owner, Mexican conglomerate Grupo Pachuca, from Guadalajara to the Mexican state of Zacatecas, according to Eduardo Espinosa Bautista of LA AFICION. Due to "low attendance at the club's stadium, among other factors, it will be moved ...

Tags: Franchises, North America

Franchise Notes

Atlético Madrid's La Liga championship "has had a strong impact on the number of club members." The team finished this season with 66,648 members, 43,873 of which are season-ticket holders. The current membership figure is the "highest in the club's history." In "just the last 14 months, the ...

Tags: Franchises

Eels Investigate Alleged Vote Rigging

The National Rugby League Parramatta Eels "are investigating the systematic tampering of memberships" in the lead-up to last year’s Parramatta Leagues Club elections and "a break-in and suspected theft of their records," according to Chris Barrett of the CANBERRA TIMES. The off-field probe has ...

Tags: Franchises, Australia

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