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Murray Is Unlikely To Renew Sponsorship Deal With Adidas, Industry Sources Say

Published in SportsBusiness Daily Global on 10 / 01 / 14

Sources inside the equipment industry said that Andy Murray's long-standing sponsorship deal with adidas "is unlikely to be renewed at the end of the season," according to Sim Briggs of the London TELEGRAPH. The Scottish player is going "in search of one last big kit deal to cover the final five yea...

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Tags: Marketing and Sponsorship, United Kingdom

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01/20/14
Hansa Rostock Closes Liquidity Gap

The German Football Federation (DFB) "confirmed that 3rd League football club Hansa Rostock closed its liquidity gap and therefore successfully completed its post-licensing procedures to avoid DFB sanctions," according to the SID. The club was able to close the gap of €485,000 ($656,000) "throu ...

Tags: Franchises, Europe

01/20/14
FFA Awaits Police Findings On Attack

Football Federation Australia said that it would "wait for the findings of a police investigation before deciding whether to take any action" against A-League side Western Sydney Wanderers after a "violent incident on Saturday evening allegedly involving supporters of the club," according to Dominic ...

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01/17/14
Ranges Investor Sells 2 Million Shares

A Rangers shareholder "is believed to have made a profit" of around £500,000 ($818,000) after selling more than 2 million shares in the club, according to the SCOTSMAN. Richard Hughes, the co-founder of Zeus Captial -- the firm at the center of Charles Green's takeover in '12 -- "had paid 1p f ...

Tags: Franchises, United Kingdom

01/17/14
Arsenal Expects 'Huge Growth' Overseas

Arsenal COO Tom Fox said that the Premier League team "has potential to generate higher income by leveraging its international support," according to Ben Priechenfried of BLOOMBERG. He said, "There’s huge growth still in front of us as a sports property." Arsenal made £280M ($460M) in re ...

Tags: Franchises, United Kingdom

01/17/14
Bankia Gets Valencia Takeover Offers

La Liga side Valencia's lender, Spanish bank Bankia, confirmed that it received "several offers" regarding the takeover of Valencia, according to FOOTBALL ESPANA. The deadline for bids "was on Wednesday." The bank revealed that a "number of offers have been tabled, but stress that confidentially is ...

Tags: Europe, Franchises

01/17/14
Barca Wants Neymar Info Confidential

FC Barcelona does not want "the Spanish court investigation into the club's signing of Neymar to become an open channel displaying the club's finances," according to Fernando J. Pérez of EL PAIS. The club sent judge Pablo Ruz a letter "requesting a personal audience and asking that the cour ...

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01/16/14
DEG Secures Budget For '14-15 Season

German Hockey League (DEL) club Dusseldorf EG "has secured the budget for the '14-15 season," according to Rainer Wallasch of the WESTDEUTSCHE ZEITUNG. The club said that majority shareholders Peter Hohberg and Mikhail Ponomarev "have helped out through secured bank guarantees." To be able to compet ...

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01/16/14
Hull City Fans' Group Hits Back At Allam

EPL Hull City Chair Assem Allam has been accused of showing a "lack of respect" after threatening to quit his role if he cannot change the club's name, according to the BBC. Allam, 74, said he will leave "within 24 hours" if his application to alter the name to Hull Tigers "is not backed."  A f ...

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01/16/14
League Notes

The Marussia F1 team "plan to attend" the first preseason F1 test in Spain this month and "have no concerns about their championship entry being listed as provisional." Motorsports governing body FIA "issued an entry list on Friday with asterisks against Lotus and back-markers Marussia denoting that ...

Tags: Franchises

01/15/14
Allam Threatens To Pull The Plug

EPL Hull City Owner Assem Allam "has threatened to pull his money out and walk away from the club" if he is prevented from changing their name to the Hull Tigers, according to Luke Edwards of the London TELEGRAPH. Allam "remains determined to pursue his belief that Hull will be more marketable with ...

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