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La Liga Champion Atlético Madrid Cuts Debt By $115M Since Beginning Of The Year

Published in SportsBusiness Daily Global on 09 / 22 / 14

La Liga side Atlético Madrid has been "battling a long-standing debt issue in the midst of their success," according to INSIDE SPANISH FOOTBALL. The club has been running debts of around €200M ($257M) over the last five years, but from Oct.1, "this figure will be settled" to around &euro...

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Tags: Finance, Europe

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01/21/13
British Volleyball On The Brink

British sports organizations cut from funding "will be given only a few minutes to make their case" when they appeal to UK Sport this month, according to Sue Mott of the SUNDAY TIMES. Unless "hard-line decisions are reversed or amended, the Olympic careers of 35 volleyball players will be over." Wit ...

Tags: Olympics, United Kingdom

01/21/13
Rio's Hotels Clean Up For Games

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01/21/13
IOA Suspension To Be Over In Two Months

Claiming that the Indian Olympic Association "had done nothing wrong in the election process" President Abhay Singh Chautala said that the issue of the national body’s suspension by the IOC is "likely to be resolved in two months," according to the PTI. Chautala said, "IOA was not responsible ...

Tags: Olympics, India

01/18/13
IOC Strips Armstrong Of Bronze Medal

Lance Armstrong "was stripped of his 2000 Olympic Games cycling time trial Bronze Medal" by the IOC on Thursday, "continuing the once dominant American rider's spectacular fall from grace after a doping storm," according to Karolos Grohmann of REUTERS. The 2000 Bronze Medal was the only Olympic meda ...

Tags: Olympics

01/18/13
IOC Calls Meeting With POA, PSB

The IOC has summoned a meeting of representatives of the Pakistan Olympic Association and Pakistan Sports Board on Feb. 15 in Switzerland to discuss the "ongoing tussle between the two institutions and the present scenario of sports in Pakistan," according to PAKISTAN TODAY. POA President Syed Arif ...

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01/18/13
Olympics Notes

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Tags: Olympics

01/17/13
Olympics Could Drop Cycling

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01/17/13
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01/17/13
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01/16/13
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