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Ironman To Continue Expansion Beyond Triathlon Following Wanda Acquisition

Published in SportsBusiness Daily Global on 12 / 09 / 16

Ironman is planning to continue its global expansion by adding other endurance sports, beyond triathlon, to its event portfolio, company CMO Chris Stadler said. Ironman’s parent company, World Triathlon Corp., was acquired by China’s Dalian Wanda Group in Aug. ’15 in a $650M deal. ...

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Tags: Franchises, North America, China

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Franchise Notes

Former Tour de France winner Bjarne Riis and Lars Seier Christensen , co-owner of online forex brokerage Saxo Bank, "have become part of the group of owners of the Danish third-tier cycling team Team Virtu Pro-Veloconcept ." The team will "act as a development team" to an outfit they hope will h ...

Tags: Franchises

Hull City Takeover Saga Continues

A Hong Kong-listed firm said on Wednesday that a deal for EPL side Hull City was a "non-exclusive" agreement, suggesting there may be "plenty of play left in a long-running takeover saga that has drawn in buyers from China and beyond," according to Donny Kwok of REUTERS. GreaterChina Professional Se ...

Tags: Franchises, China

West Ham Asking Fans To Move

West Ham will "attempt to ward off further crowd trouble" at the London Stadium by moving fans from their allocated seats for the Premier League match against Stoke City on Saturday, according to George Cooper of the London INDEPENDENT. The club is canceling away fans’ tickets and "moving ...

Tags: Franchises, United Kingdom

Franchise Notes

Ferrari driver Sebastian Vettel "will not be punished for his expletive-laden outburst at the Mexican Grand Prix." FIA President Jean Todt decided "on an exceptional basis" not to take disciplinary action against the German. Incensed by the driving of Red Bull's Max Verstappen , Vettel lashed o ...

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Bayern To Establish Football School

Bayern Munich and the Sino-German Ecopark Qingdao agreed to a comprehensive partnership. The deal includes the establishment of the "FC Bayern Football School" in Qingdao, regular exchanges, a constant presence of FCB development coaches and the su ...

Tags: Europe, Franchises

AC Milan GM Leaving Club After Takeover

AC Milan GM Adriano Galliani has confirmed he will leave the San Siro "as soon as the takeover of the club goes through," according to Ben Gladwell of ESPN.com. Galliani, club President Silvio Berlusconi's right-hand man throughout his 31-year presidency, said that "nobody had offered me anything" u ...

Tags: Franchises, Europe

Schweinsteiger Training With ManU

Bastian Schweinsteiger trained with ManU on Monday morning "for the first time since José Mourinho excluded him from first-team sessions at the start of the season," according to Jamie Jackson of the London GUARDIAN. The former Germany captain was "seen wearing club-branded headgear as he wor ...

Tags: Franchises, United Kingdom

Notts Takeover Set To Finish In Three Weeks

League Championship side Nottingham Forest's potential new owners John Jay Moores and Charles Noell hope to complete their £50M ($61M) takeover "within the next three weeks," according to John Percy of the London TELEGRAPH. The American investors' bid to buy the club is "now being ratifie ...

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Gareth Bale Signs $182M Contract

Gareth Bale will earn £150M ($182M) over the next six years in salaries and bonuses "after signing a contract extension with Real Madrid until 2022 that will make him the best-paid player in the world," according to Ed Aarons of the London GUARDIAN. Real Madrid confirmed on Sunday the 27-year- ...

Tags: Franchises, Europe

FA To Investigate West Ham Violence

The FA announced an inquiry "into the violence that marred Wednesday night's League Cup tie between West Ham United and Chelsea at London Stadium," according to Neil Robinson of REUTERS. The scenes "were a throwback to the hooliganism that blighted English football at the end of the last century, bo ...

Tags: United Kingdom, Franchises

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