Featured Story

Sunderland Owner Ellis Short Open To Sell Club For $214M

Published in SportsBusiness Daily Global on 12 / 02 / 16

Premier League side Sunderland Owner Ellis Short is "open to offers" from those wanting to buy the club but "no bids are believed to be on the table and realistically it may be a long time before any deal is done," according to Louise Taylor of the London GUARDIAN. Price "threatens to be a key ...

Read More

Tags: Franchises, United Kingdom

More Stories

12/09/15
Sauber Asks Ecclestone For Cash Advance

Sauber Team Principal Monisha Kaltenborn said that the team followed Force India in asking F1 CEO Bernie Ecclestone for an advance on its Formula 1 championship payments "to prevent its rival gaining a competitive advantage," according to Lawrence Barretto of AUTOSPORT. Force India "made its request ...

Tags: Franchises

12/09/15
Mercedes Sues Ferrari-Bound F1 Engineer

Mercedes-Benz AG "is suing one of its Formula 1 engineers for taking confidential documents and data as he prepared to join competitor Ferrari," according to Patrick Gower of BLOOMBERG. Mercedes AMG High Performance Powertrains, which makes engines for the Mercedes Petronas team, "is suing Benjamin ...

Tags: Franchises

12/09/15
Franchise Notes

Scottish Premiership side Partick Thistle secured a deal with Bank of Scotland last month to become debt free "thanks to investment from EuroMillions winners Christine and Colin Weir" as well as Billy Allan, who "already sits on the board of the Maryhill club." It is a "welcome cash injection" ...

Tags: Franchises

12/08/15
VfL Wolfsburg Living In Limbo

Bundesliga side VfL Wolfsburg Sporting Dir Klaus Allofs remembers a few days at the tail-end of September "when it seemed there were two questions on the lips of everyone in Wolfsburg," according to Rory Smith of the LONDON TIMES. The first was "as the full scale of the emissions scandal engulfing V ...

Tags: Franchises, Europe

12/08/15
Renault To Pay Lotus Debts

French carmaker Renault "aims to complete its takeover of the Lotus Formula One team on Dec. 16 and pay creditors, including Britain's tax authorities, by the end of the year," according to Alan Baldwin of REUTERS. All parties in a "protracted case brought against struggling Lotus by the Revenue and ...

Tags: Franchises, Europe

12/08/15
FA Gives Ryan Giggs The OK

ManU Assistant Manager Ryan Giggs and Northern Premier League side Salford City have persuaded the FA that his position as a co-owner of the non-League club "will not represent a conflict of interest" in Monday's third-round FA Cup draw, according to Ian Whittell of the LONDON TIMES. The govern ...

Tags: Franchises, United Kingdom

12/07/15
Renault Announces Return To F1

Renault finally confirmed its "takeover of the cash-strapped Lotus team after months of dithering," confirming its return to Formula 1 as a full works team, according to Daniel Johnson of the London TELEGRAPH. The news will come as a "huge relief to the 400 staff at Lotus’s factory in Ens ...

Tags: Franchises, Europe

12/04/15
Bolton Manager: Takeover Deal Close

There "may be light at the end of the tunnel" for League Championship side Bolton’s "bleak" financial situation, with the club "hopeful a takeover can be announced next week," according to the PA. Wanderers’ state was termed "increasingly perilous" by adviser Trevor Birch on Tuesday "a ...

Tags: Franchises, United Kingdom

12/04/15
Renault Completes Takeover Of Lotus

Renault "is poised to confirm it will remain in Formula 1 after finally completing its purchase of Lotus," according to Ian Parkes of AUTOSPORT. Almost 10 weeks after announcing it had signed a letter of intent regarding the potential acquisition of Lotus, and months after negotiations initially sta ...

Tags: Franchises, Europe

12/04/15
Franchise Notes

League Championship side Leeds United fans plan to stage a "mass walk-out at Elland Road during Saturday’s home game against Hull City" in protest at Owner Massimo Cellino. The Italian businessman, who "recently reneged on a deal to sell his majority stake in the club to the supporters&rs ...

Tags: Franchises

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug