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Chinese Property Developer Wanda Group Eyes 30% Stake Of Serie A Club AC Milan

Published in SportsBusiness Daily Global on 02 / 27 / 15

China's biggest property developer is "expanding sports empire in Europe," according to Emma Glez of CHINA DAILY. Dalian Wanda Group is interested in purchasing a 30% stake of Serie A side AC Milan, as the company "continues its shopping spree to build a sports empire in Europe." Wanda, which contro...

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Tags: Franchises, Europe, China

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U.K. Athletes Axed From Lottery Fund

Former U.K. world medalists Andy Turner, Jenny Meadows and Lisa Dobriskey are "among a host of well-known athletes who have been axed from Lottery support following a tightening of the rules by UK Sport," according to Simon Hart of the London TELEGRAPH. The government agency has decreed that only at ...

Tags: Olympics, United Kingdom

WADA To Audit Jamaica's Drug Testing

The World Anti-Doping Agency is "launching an 'extraordinary' audit of Jamaica's drug-testing agency following allegations that its policing of the island's sprinting superstars led by Usain Bolt all but collapsed in the months before they dazzled at the London Games," according to John Leicester of ...

Tags: North America, Olympics

JOC President Rolls Up Sleeves

Japanese Olympic Committee President TSUNEKAZU TAKEDA  barely had time to celebrate Tokyo winning the rights to host the 2020 Summer Olympics before having to dive into the massive task of getting the city ready for its global close-up. Recently, Takeda took time to talk with SBD Global abou ...

Tags: Olympics, Japan

Barcelona Will Not Bid On 2022 Olympics

Barcelona "will finally forego presenting an Olympic candidacy" for the 2022 Winter Olympics, according to SPORT. Barcelona Mayor Xavier Trias said on Friday that "a decision had not been made." In "reality, the decision had already been made days before and will be made official on Friday." Too man ...

Tags: Olympics, Europe

Sochi Ceremonies Pose A Challenge

While dozens of nations will compete in the games for sporting glory, "the opening ceremonies will provide the host country an opportunity to showcase its own achievements," according to Ivan Nechepurenko of the MOSCOW TIMES. And just as the athletes will face off against one another, "Russia's ope ...

Tags: Olympics, Russia

Sochi's Olympic Stadium Still Unfinished

At first, Sochi's Fisht Olympic Stadium "was meant to resemble a giant snowflake," according to Ivan Nechepurenko of the MOSCOW TIMES. Then, the design "morphed into two parallel mounds of snow." But a roof had to be added for the Opening Ceremonies, "turning the stadium into something looking more ...

Tags: Olympics, Russia

Mutko: No Sign Of Sochi Boycott

Russia on Friday said that "it did not have confirmation of a single country boycotting next year's Sochi Winter Olympics despite a furore over an anti-gay law and vowed to hold one of the best Games ever," according to the AFP. Speaking to the Russian lower house of parliament, Sports Minister Vita ...

Tags: Olympics, Russia

London 2012 Architects Earned £400M

Architects behind the London 2012 Olympics took home at least £400M of "public money for designing" the Games’ flagship venues, legacy and infrastructure, according to Merlin Fulcher of the ARCHITECTS JOURNAL. A total of 19 "key architects, engineers and designers" netted more than &poun ...

Tags: Olympics, United Kingdom

Olympic Notes

A dolphin will take part in the 2014 Sochi Olympics torch relay "three days before the opening ceremony." An animal trainer "is to hold a dolphin's fin in one hand and the torch in the other before the pair swims across a small pool" in Sochi on Feb. 4 ( R-SPORT, 10/10 ). ... A senior Georgian o ...

Tags: Olympics

Barcelona Politician Abstains From Vote

Barcelona City Council Popular Municipal Group President Alberto Fernandez announced that he "will not support a Barcelona-Pyrenees 2022 Winter Olympic bid," according to the EFE. Fernandez indicated "he will abstain when asked to vote on the bid." Fernandez "has shown that the Olympic candidacy wou ...

Tags: Europe, Olympics

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