Featured Story

Chinese Investors Ask For More Time In Purchase Of Serie A Side AC Milan

Published in SportsBusiness Daily Global on 07 / 28 / 16

Chinese investors "have asked for yet another extension as they want 15 more days" before buying Serie A side AC Milan, according to FOOTBALL ITALIA. The news "will hardly come as a shock to the Rossoneri fans, who have seen the operation continuously said to be at the final stages, only for it to b...

Read More

Tags: Franchises, Europe

More Stories

07/09/15
São Paulo Settles Part Of Delayed Payments

Brasileiro side São Paulo Finance Dir Osvaldo Vieira de Abreu said that the club "now has the funds to settle three months worth of delayed image rights payments," the first of which were paid on Friday, according to Marcelo Prado of GLOBO ESPORTE. De Abreu: "We already have the amount we nee ...

Tags: Franchises, Brazil

07/09/15
Swansea City Announces Ticket Subsidies

EPL side Swansea City announced plans to "subsidise ticket prices for fans travelling to away Premier League matches this season," according to Liam Corless of the London DAILY MIRROR. The club will "ensure" that no adult will pay more than £22 ($33) for an away fixture, with concession a ...

Tags: Franchises, United Kingdom

07/08/15
Scottish Rangers Board Holds Merger Talks

Scottish Championship side Rangers' board has held discussions with "several supporters groups" over a proposal that would bring together the various organizations under one umbrella, according to Christopher Jack of the HERALD SCOTLAND. Rangers Dir John Gilligan and recently appointed Managing Dir ...

Tags: Franchises, United Kingdom

07/08/15
NRL Reduces Parramatta Eels' Fine

The National Rugby League has reduced Parramatta's fine for salary cap breaches by A$60,000 ($44,730) after "considering the club's appeal," according to Steve Zemek of the AAP. The Eels in May were fined A$525,000 for exceeding all four salary cap categories last year by more than A$400,0 ...

Tags: Franchises, Australia

07/07/15
Deloitte Quits As Rangers Auditor

Deloitte has "quit as auditors" of financially troubled Scottish Championship side Rangers after staff "received threatening and intimidating messages over a two year period," according to Martin Williams of the HERALD SCOTLAND. In a letter distributed to Rangers shareholders, Deloitte said that the ...

Tags: Franchises, United Kingdom

07/07/15
Lack Of Success Hurts McLaren

McLaren has acknowledged that its lack of F1 success "is hurting commercially in terms of lost revenues and sponsor appeal," according to Alan Baldwin of RETUERS. The sport's second most successful team has not won since '12. McLaren Racing Dir Eric Boullier: "You establish a brand by your success a ...

Tags: Franchises, United Kingdom

07/07/15
Horner Downplays Aston Martin Link

Red Bull F1 Team Principal Christian Horner has "played down rumours of a potential partnership with Aston Martin," and made clear that the team will honor its Renault engine deal, according to GP UPDATE. Magazine Autocar reported that Aston Martin is negotiating a return to F1 in a "tie-up with Red ...

Tags: Franchises

07/06/15
Aston Martin, Red Bull In F1 Talks

Aston Martin is "negotiating a shock return to Formula 1 in a tie-up with Red Bull for next season" that would bring the team Mercedes engines, according to Holder & Freeman of AUTOSPORT. In a deal that is currently still under negotiation, Aston Martin would "become brand partner with four-time ...

Tags: Franchises

07/06/15
Adelaide To Name Interim Coach

Australian Football League side Adelaide will on Monday announce a "temporary replacement" for slain coach Phil Walsh, according to Greg Denham of THE AUSTRALIAN. Crows Chair Rob Chapman said on Saturday that the club "would probably make the announcement" on Sunday, but it appears to have "deferred ...

Tags: Franchises, Australia

07/06/15
Bastia Owner Vows To Fight Relegation

Ligue 1 side Bastia "reacted angrily" to reports that the sale of Ryad Boudebouz would be insufficient to see the decision to relegate the club to Ligue 2 on financial grounds reversed, according to Mark Baber of INSIDE WORLD FOOTBALL. France's Direction Nationale du Contrôle de Gestion (DNCG) ...

Tags: Europe, Franchises

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug