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NBL Club Bosses See Brighter Future After Larry Kestelman Puts $4.5M Into League

Published in SportsBusiness Daily Global on 05 / 29 / 15

Key National Basketball League figures believe that Melbourne businessman Larry Kestelman's move to take a controlling stake in the league "will give it a chance to become a successful product," according to Roy Ward of the SYDNEY MORNING HERALD. Kestelman has put A$6M ($4.5M) into the NBL "to boos...

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Tags: Leagues and Governing Bodies, Australia

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France's LNB Sanctions 3 Pro B Clubs

The French National Basketball League (LNB) announced on Wednesday sanctions against three of its Pro B clubs -- Roanne, Antibes and Aix-Maurienne -- following "various breaches of financial and accounting rules," according to SPORT 365. As in other sports, the LNB regulates the finances of its club ...

Tags: Leagues and Governing Bodies, Europe

Ex-Player Hopeful West Indies Will Survive

Former West Indies cricket player Brian Lara "expects the region to survive" a potential £26.2M ($41.9M) lawsuit threatened by the Board of Control for Cricket in India, according to the BBC. The BCCI expects to "recoup losses sustained when the Windies ended their tour of the country early in ...

Tags: Leagues and Governing Bodies, India

ARU Hails National Rugby Championship

Australian Rugby Union GM of Professional Rugby, Marketing & Operations Rob Clarke has "hailed the inaugural National Rugby Championship an 'overwhelming success' and has predicted it will grow in the future," according to Bret Harris of THE AUSTRALIAN. The ARU set up the NRC this season seven y ...

Tags: Leagues and Governing Bodies, Australia

ICC To Probe Ejections At Abu Dhabi Test

The Int'l Cricket Council anti-corruption unit is set to "examine the circumstances surrounding two men being ejected from the second Test in Abu Dhabi for transmitting live data from their seats in the crowd," according to Ben Horne of the Sydney DAILY TELEGRAPH. Local law enforcement and stadium s ...

Tags: Leagues and Governing Bodies, Australia

Nigeria Avoids FIFA Suspension

African Nations Cup champions Nigeria have "escaped suspension" from int'l football for the second time in two months, according to Brian Homewood of REUTERS. FIFA said on Monday the threat was lifted after a "court case against the Nigeria Football Federation (NFF) elections held on Sept. 30 was wi ...

Tags: Leagues and Governing Bodies, Africa

Andretti Calls For F1 To Ban 'Rebel' Teams

Related story: F1's Three Rebel Teams Could Be Handed $160M Windfall U.S. Grand Prix ambassador Mario Andretti "wants rebel teams banned from Formula One for life," according to Paul Weaver of the London GUARDIAN. Force India, Sauber and Lotus were "said to be on the brink of ...

Tags: Leagues and Governing Bodies, Europe

CCDI Busts Chinese Sports Body

The Central Commission for Discipline Inspection of the Communist Party of China said that the General Administration of Sport of China "violated rules involving match-fixing, talent selection and the operation of events," citing the agency's power-centralized bureaucracy, according to Sun Xiaochen ...

Tags: Leagues and Governing Bodies, China

AFL To Change Media Strategy

The Australian Football League's media strategy "will undergo a facelift" with the impending departure of AFL Corporate Affairs Manager James Tonkin, according to Caroline Wilson of the SYDNEY MORNING HERALD. The replacement for Tonkin, who has massaged the AFL's message for the past three years, "i ...

Tags: Leagues and Governing Bodies, Australia

League Notes

New Zealand's horse racing industry "is ramping up" its NZ$50,000 ($39,000)-a-year random drug testing of jockeys. The industry's Racing Integrity Unit, established three years ago, "tested 224 jockeys over the last horse racing season." Four riders "returned positive results for cannabis and were b ...

Tags: Leagues and Governing Bodies

F1 In Crisis, Teams Divided

The high-profile world that is Formula One racing is in a deep financial crisis and nobody seems to have a clue of how to fix it. Sunday’s U.S. F1 Grand Prix saw only 18 drivers take the grid after Caterham and Marussia both went into administration and were forced to skip the race to deal wit ...

Tags: Leagues and Governing Bodies, North America

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