Menu
International

Canal Plus cuts ownership of Swiss team

French soccer team Paris St. Germain has been cleared to compete in this season's UEFA Cup after media company Canal Plus reduced its ownership share in Swiss team Servette of Geneva. Canal Plus had majority stakes in both clubs, and European governing body UEFA's rules state that no two clubs controlled by the same company can play in the same cup competition. Canal Plus has now sold 30 percent of its 51 percent ownership in Servette to French businessman Michel Coencas.

AMSTEL WEB SPENDING: Champions League beer sponsor Amstel of Holland is spending $150,000 to sponsor coverage of the competition on a British Web site, sportinglife.com, which provides information and results, and on an Internet radio station. The Amstel brand will be prominent in all of sportinglife.com's coverage.

QUICK VIDEO: To cash in on England's stunning 5-1 soccer victory over Germany in Munich recently, Octagon CSI, the marketing firm's television arm, is releasing a video of the match to stores today. Suggested retail price is $22.

SWIMMING NET: During the month of July, which included the ninth FINA World Swimming Championships in Fukuoka, Japan, the FINA Web site logged 7.5 million hits. One year ago, during the Olympic Games month of September 2000, the site had 1.4 million hits.

BRONCOS WOES: The future of rugby league (the 13-man version of the sport as opposed to 15-man rugby union) in London is looking gloomy. The Virgin Group, owner of the London Broncos of the Rugby Super League, has said it wants to sell the team, which has also been told that it must move out of its venue by next season. The Broncos play home games at the stadium of London soccer club Charlton Athletic. Last week, Charlton's board rejected an offer to buy the Broncos from Virgin. The Broncos are the only club in the Rugby Super League not based in northern England, where the 13-man version is popular.

— Jay Stuart

SBJ Morning Buzzcast: April 24, 2024

Bears set to tell their story; WNBA teams seeing box-office surge; Orlando gets green light on $500M mixed-use plan

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Journal/Issues/2001/09/17/International/Canal-Plus-Cuts-Ownership-Of-Swiss-Team.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Journal/Issues/2001/09/17/International/Canal-Plus-Cuts-Ownership-Of-Swiss-Team.aspx

CLOSE