Featured Story

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...

Read More

Tags: Franchises, Europe, China

More Stories

12/08/14
PyeongChang Events Could Move To Japan

PyeongChang 2018 Winter Olympics organizers and two int'l federations "are discussing the possibility of moving some sliding competitions from the South Korean city to Japan ," according to Karolos Grohmann of REUTERS. PyeongChang's preparations for the first Asian winter Olympics outside Japan ...

Tags: Olympics, Asia

12/05/14
Rio Official Says Sponsorship At $1B

Rio de Janeiro’s 2016 Olympics organizers "are beating their sponsorship target" by 50M reais ($20M) this year, "boosted by Brazil’s success" as host of this year’s FIFA World Cup, according to Tariq Panja of BLOOMBERG. CCO Renato Ciuchini said that agreements with 19 sponsors valu ...

Tags: Olympics, Brazil

12/05/14
Bach: We Want Fresh Wind Coming In

IOC President Thomas Bach's reforms "may not represent a radical revolution, but they herald the most sweeping changes in the Olympic movement since the cleanup of the Salt Lake City bid scandal in 1999," according to Stephen Wilson of the AP. A revised bidding process. A flexible sports program. Mo ...

Tags: Olympics, Europe

12/04/14
FINA Approves Of Mixed-Gender Pairs

Men and women will be able to "compete as a pair at major diving events" after world aquatics governing body FINA approved the "introduction of mixed-gender teams," according to the BBC. Mixed teams will compete in the 3m and 10m synchronized events. FINA has "also given the green light for mixed-ge ...

Tags: Olympics

12/03/14
PyeongChang Games Face Questions

The 2018 PyeongChang Olympics "may be in limbo, with the government and Gangwon Province locking horns" over who will cover the 11.1T won ($10B) cost for the quadrennial event, "especially the cost of building the Olympic stadium," according to Nam Hyun-woo of the KOREA TIMES. The Gangwon Provincial ...

Tags: Asia, Olympics

12/03/14
Bach: Olympics, World Cup Will Not Clash

IOC President Thomas Bach has insisted there "must be no clash between the Winter Games and the Qatar 2022 World Cup," according to Dan Roan of the BBC. January and February is being "considered as a date for football's showpiece tournament because of Qatar's extreme summer heat." Bach said that he ...

Tags: Olympics, Middle East

12/03/14
Olympic Notes

Former IOC VP Dick Pound "is confident the IOC will drop regulations limiting the number of sports on the Games program and says squash should be brought into the Olympic fold." Pound, also the former president of the World Anti-Doping Agency, said that "the sport had women to thank for raising s ...

Tags: Olympics

12/01/14
Rio Wins Battle Over Olympic Golf Course

A Rio de Janeiro judge on Wednesday "denied a request from prosecutors to halt construction of the Olympic golf course because of environmental concerns, curtailing fears" that the venue will not be ready in time for test events, according to Tales Azzoni of the AP. Judge Eduardo Antonio Klausner sa ...

Tags: Olympics, Brazil

12/01/14
Sapporo To Bid For 2026 Winter Olympics

The mayor of Sapporo, Japan, "announced his city’s intention to bid for the 2026 Winter Olympics," according to the AP. Sapporo, on Japan’s northernmost island Hokkaido, "hosted the Winter Olympics in 1972." Sapporo Mayor Fumio Ueda told a city assembly meeting Thursday that “hosti ...

Tags: Olympics, Japan

11/25/14
Rio Mayor Downplays Corruption Scandal

Rio de Janeiro Mayor Eduardo Paes said that the 2016 Rio Games "will not be affected by a corruption scandal implicating some of Brazil’s biggest construction companies and the country’s state-controlled oil producer," according to Tariq Panja of BLOOMBERG. Paes said there were "no conce ...

Tags: Olympics, Brazil

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug