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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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MCC Wants Cricket To Be Part Of '24 Games

An influential group of former cricket players argued that "cricket’s world governing body should lobby for the sport to be included at the Olympic Games of 2024, even though it will probably mean a short-term loss of income," according to Patrick Kidd of the LONDON TIMES. The MCC World Cricke ...

Tags: Olympics, Europe

Istanbul Uses Economy, Youth In Olympic Bid

Istanbul, which "failed in four previous attempts to stage the Olympics, is counting on its fast-growing economy and young population to land the 2020 Games," according to Danielle Rossingh of BLOOMBERG. The city "is competing with Madrid and Tokyo to organize the world's biggest sports event." Ista ...

Tags: Olympics, Europe

Swiss Winter Games Bid Has Doubters

Financial concerns are undermining public support for St. Moritz's bid to host the 2022 Winter Olympics in tandem with nearby Davos, according to Brian Homewood of REUTERS. Voters in the Swiss canton of Graubünden, where both towns are located, "will decide in a referendum on Sunday whether or ...

Tags: Europe, Olympics

U.K. Paralympians Concerned Over DLA

British Paralympic stars "have voiced anger about the imminent disappearance of the Disability Living Allowance, a benefit they say provided them with vital support during training," according to Amelia Gentleman of the London GUARDIAN. The athletes have expressed concern that they "may not be eligi ...

Tags: Olympics, United Kingdom

Olympics Notes

Ukraine President Viktor Yanukovych said Friday that the country "may put in a joint bid for the 2022 Winter Olympic Games with neighbors Poland and Slovakia" ( R-SPORT, 2/22 ). ... The Japan Wrestling Federation "has launched an online petition site seeking 100,000 signature ...

Tags: Japan, Olympics

Wrestling Chief Promises Rule Changes

Int'l Wrestling Federation interim President Nenad Lalovic said that wrestling needs to "overhaul its often mystifying rules while the sport seeks to retain its Olympic status," according to Nesha Starcevic of the AP.  Lalovic said that wrestling is "partly to blame" for the IOC's decision to d ...

Tags: Olympics, Europe

Aussie Swim Team Scandal Deepens

Leading officials "are bracing for further fallout from the Stilnox scandal" Monday in the wake of world 100m freestyle champion James Magnussen's decision to do a TV interview that aired Sunday night, according to Nicole Jeffery of THE AUSTRALIAN. Magnussen and his five teammates in the Australian ...

Tags: Olympics, Australia

Korean Olympic Committee Elects New President

Former judoka Kim Jung-haeng was elected as the Korean Olympic Committee’s next president on Friday "overcoming a stiff challenge" from Saenuri Party lawmaker and former table tennis star Elisa Lee, according to Jung Min-ho of the KOREA TIMES. The 69-year-old "earned 28 votes from 5 ...

Tags: Asia, Olympics

Aussie Swimmers Set To Reveal Facts

Australia swimming's men's 4x100m will hold a press conference on Friday afternoon at which they are "expected to reveal explosive details about their behaviour, including the use of prescription drugs," in the lead-up to the London Games, according to Stathi Paxinos of the SYDNEY MORNING HERALD. Th ...

Tags: Olympics, Australia

Wrestling Officials To Meet In Iran

Officials from 10 of the world's top wrestling nations including Japan will meet Wednesday in Iran "in a bid to reverse" the IOC's decision to drop wrestling from the 2020 Games, according to KYODO. Delegations from Azerbaijan, Belarus, Bulgaria, Georgia, Iran, Japan, Kazakhstan, the U.S., Russia an ...

Tags: Olympics, Asia

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