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Financially Struggling Handball Bundesliga Side HSV Hamburg Pays Outstanding Salaries

04 / 24 / 14

The players and head coach Martin Schwalb of financially struggling Handball Bundesliga (HBL) club HSV Hamburg "finally received their March salaries on Tuesday, 17 days behind schedule," according to SPIEGEL ONLINE. It has been reported that club patron Andreas Rudolph "provided the money in advanc...

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Tags: Franchises, Europe

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06/27/13
Rangers Tapes Reveal Secret Talks

Scottish Second Division Rangers Finance Dir Brian Stockbridge has been found discussed selling £5M ($7.7M) of shares in the club "to a convicted fraudster on Interpol’s most wanted list" on tape, according to Keith Jackson of the Scotland DAILY RECORD. Stockbridge is heard on tape talki ...

Tags: Franchises, United Kingdom

06/26/13
Greenland Group Buys Shanghai Shenhua

Chinese Super League side Shanghai Shenhua has new owners with "the purchase of the club by property developers Shanghai Greenland Group," according to Christopher Atkins of WILD EAST FOOTBALL. Details of the proposed arrangement "are still sparse, but it would bring an end to the Zhu Jun era at the ...

Tags: Franchises, China

06/26/13
Watson May Face Anti-Doping Rule Violation Charges

Australian Football League Essendon captain Jobe Watson's deliberate admission that he took a substance banned by the World Anti-Doping Agency on the advice of his football club "has again exposed Essendon's recklessness and failure to care for the welfare of its most precious asset," according t ...

Tags: Franchises, Australia

06/25/13
AS Roma Hopes Stadium Can Revive Club

Boston-based hedge fund manager James Pallotta is determined to bring U.S.-style branding and management to transform Serie A club AS Roma "into a profitable venture competing with the best in Europe," according to Guy Dinmore of the FINANCIAL TIMES. The challenge is daunting, "not just because Ital ...

Tags: Franchises, Europe

06/25/13
Rangers Deny Hearts Fundraiser Game

Scottish Second Division Rangers fans have told Scottish Premier League Hearts it "had a cheek to even ask for a fund-raising friendly at Tynecastle," according to Gary Ralston of the Scotland DAILY RECORD. Jambos Manager Gary Locke admits he spoke with Rangers Manager Ally McCoist "about playing a ...

Tags: Franchises, United Kingdom

06/25/13
Red Bull Calls For Bigger Mercedes Fine

The "light punishment for Mercedes in the tire-test controversy continues to make noise in F1," according to Nicola Pohl of BILD. FIA Int'l Tribunal insiders said that rival Red Bull "suggested a punishment for Mercedes -- and it would have been a heavy one." The alleged proposal: "deduction of 150 ...

Tags: Franchises, Europe

06/24/13
Consortium Looking To Buy Hearts

Former Scottish Rugby Union CEO Gordon McKie "is heading a consortium" to buy Scottish Premier League side Heart of Midlothian, according to Tom English of the SCOTSMAN. McKie said that his group consists of a handful of investors, "most of them Scottish-born Hearts supporters, some based in Lo ...

Tags: Franchises, United Kingdom

06/24/13
Duisburg Denied 2nd Bundesliga License

Second Bundesliga club MSV Duisburg has been denied its league license , according to the DEUTSCHE WELLE. Duisburg "will probably spend next season playing third-tier football," while SV Sandhausen is "saved from relegation." An arbitration court dismissed the club's appeal for its league lice ...

Tags: Franchises, Europe

06/21/13
Mercedes Defends Pirelli Tire Test

Mercedes will know its fate Friday "after coming out fighting" at an int'l tribunal against accusations that it staged an illegal tire test, according to Kevin Eason of the LONDON TIMES. The team refuted charges that it had gained an advantage over its rivals by taking part in a ...

Tags: Franchises

06/21/13
SPL Hearts Lay Off 10 Employess

At least 10 office staff members "have been made redundant" at Scottish Premier League side Heart of Midlothian as administrators begin a series of cuts aimed at "saving the stricken Tynecastle club," according to the BBC. There is "not likely to be a decision made on players leaving until Friday." ...

Tags: Franchises, United Kingdom

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