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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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11/13/12
No Sevens In East Asian Games

The Chinese Olympic Committee "has turned down a request" by the Asian Rugby Football Union to include sevens in next year's East Asian Games in Tianjin, according to Alvin Sallay of the SOUTH CHINA MORNING POST. ARFU VP Trevor Gregory and Secretary General Ross Mitchell "presented rugby's case for ...

Tags: Olympics, China

11/12/12
Windsurfing Makes Olympics Return

Windsurfing has "reclaimed its place in the Olympic program" after the Int'l Sailing Federation (ISAF) voted to reinstate it at the expense of kiteboarding, according to Stephen Wood of REUTERS. The ISAF decided to "retain men's and women's windsurfing" at the governing body's annual general meeting ...

Tags: Olympics, Europe

11/09/12
Study: Sponsors Benefit From Games

A new study has revealed that 51% of Great Britain believes the London Games made the country a better place. The study was conducted by Havas Sports & Entertainment in September. It also showed that 53% agreed that the London Games was the greatest Olympics ever. This is double the number of pe ...

Tags: Olympics, United Kingdom

11/09/12
Olympic Notes

The Int'l Sailing Federation is meeting in Dublin on Saturday, and a "compromise agreement where windsurfing and its upstart rival kiteboarding will share" the 2016 Rio de Janeiro Olympics stage will be discussed. If the move is confirmed, it "could raise Hong Kong's medal hopes" ( SOUTH CHINA MORN ...

Tags: Olympics

11/08/12
Coe Voted In As BOA Chief

Former LOCOG Chair Sebastian Coe has been elected as the new British Olympic Association Chair, winning unopposed to succeed Colin Moyniham, according to Josh Burrows of the LONDON TIMES. Coe was elected at a British Olympic sports meeting in London, and will "take on overall responsibility for sele ...

Tags: Olympics, United Kingdom

11/08/12
Olympic Notes

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Tags: Olympics

11/07/12
Coe Facing BOA Challenges

When former LOCOG Chair Sebastian Coe is voted in unopposed as British Olympic Association chairman on Wednesday, he will be "joining an organisation on the crest of a wave and in some difficulty," according to Owen Gibson of the London GUARDIAN. The BOA has "just played a major part in delivering t ...

Tags: Olympics, United Kingdom

11/06/12
Rio Games Ready For Mascot Selection

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Tags: Olympics, Brazil

11/05/12
São Januário Will Not Host Rugby Sevens

The 2016 Rio de Janeiro Olympic Games Organizing Committee revealed it "will not be using the São Januário stadium" for the rugby sevens competition, according to GLOBO ESPORTE. Brasileiro club Vasco, which is the tenant of the stadium, did not send the necessary documents to authoriti ...

Tags: Facilities, Olympics, Brazil

10/31/12
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Tags: Olympics, Europe, Japan

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