Finance & Law
Wanda Sports Group receives non-binding share proposal that could lead to delisting
Wanda Sports Group, the sports marketing entity that houses the Infront agency, has received an offer from a subsidiary company of Wang Jianlin’s Dalian Wanda, the Chinese multinational conglomerate, t…
Round-Up: AFC CL challenges, NZC confirms home tours, Guangxi Zhuang aims for $15bn sports sector, and more
Clubs in the AFC Champions League East Zone are facing logistical hurdles to complete their matches in the competition, including clashes with domestic leagues, pressure from domestic broadcasters and…
LNR pursues private equity talks, but ‘not just to pay off clubs’ debts’
The Ligue Nationale de Rugby (LNR), the organising body for French rugby’s union’s Top 14 and Pro D2, is open to continuing discussions over a private equity deal worth €200m ($233.4m) b
Round-Up: Youku to show Serie A and Bundesliga, Pacquiao to fight McGregor, Ten bids for RA rights, and more
Alibaba-owned streaming platform Youku Sports will stream live coverage of Italian Serie A and German Bundesliga matches this season in a tie-up with PP Sports, the streaming platform that currently has…
Round-Up: Asian EPL broadcasters ‘demand rebates’, strong start for IPL sponsors, Nike and FFA address women’s kit furore, and more
The English Premier League is facing demands for rebates from Asian broadcasters over the rescheduling of matches to evening kick-off times to suit UK-based fans
Round-Up: IPL claims 200m audience for opener, Man City-Douyin deal, Indonesian World Cup committee launched, and more
The Indian Premier League's opening match this year drew a viewership of 200m on television on digital platforms, a BCCI official has said, quoting figures from India's official audience research bureau…
Swiss Handball Federation’s sponsorship revenue nears CHF1m
The Swiss Handball Federation (SHV) has reported revenues of CHF7.04m (€6.54m/$7.69m) for the 2019-20 period, including CHF930,001 generated from the sale of sponsorship rights.
Round-Up: Tokyo Olympics-linked firm paid Papa Diack, IPL sponsorship deals, HK rugby season to start, and more
A consulting company working for the committee bidding to secure the 2020 Olympics hosting rights for Tokyo transferred $370,000 (€314,000) to Papa Massata Diack, the son of jailed ex-IAAF president L…
Round-Up: Valcke and Al-Khelaifi trial begins, NRL player pay threat, Macau GP drops F3, and more
A criminal trial of former Fifa secretary general Jerome Valcke and the chairman of sports pay-television broadcaster beIN Sports Nasser Al-Khelaifi began in Switzerland yesterday
Covid-19 sees losses deepen for Juventus, Raffles named regional sponsor
Juventus has seen its losses rise by €31.5m ($37.3m) to €71.4m for the year ending June 30, 2020, with the Italian Serie A football club laying bare the effects of Covid-19 on its financial affairs.
DFB and Infront reach settlement as contracts terminated
Infront and the German Football Federation (DFB) have reached a settlement after the domestic football body’s moves to terminate a sponsorship and pitchside advertising rights sales contract with the a…
World Athletics incurred $17.4m loss in 2019, despite RusAF payment
World Athletics registered a loss of $17.42m (€14.71m/£13.58m) in 2019, further eating into its cash reserves in the year before the Covid-19 pandemic struck the sports industry.
Sportfive secures DFB perimeter advertising role previously held by Infront
The Sportfive agency has been appointed by the German Football Federation (DFB) to supply LED perimeter advertising at Germany’s international fixtures and DFB-Pokal matches in a two-year agreement.
Round-Up: Olympics Covid-19 discussions underway, human rights groups question Beijing 2022, PCB increases cricketer pay, and more
International Olympic Committee president Thomas Bach said "important and intensive discussions" were taking place in the coming weeks about Covid-19 counter measures for the Tokyo Olympics
IOC questions Oxford study, Tokyo sponsors ponder extension
The International Olympic Committee has questioned the validity of a study from Oxford University that criticised the organisation for its failure to address hosting cost overruns
Round-Up: Fans at Roland Garros, three bidders for Serie A, PP Sports sees market correction, and more
The French Open tennis championship at Roland Garros later this month will allow entry to up to 11,500 fans per day - Reuters/CNA
Mercedes sees rise in revenue and profit, Renault rebrands for 2021
Formula 1 motor-racing team Mercedes has reported rises in profit and revenue for 2019, while Renault has announced it will rebrand as Alpine for the 2021 season
Round-Up: PP Sports ‘to sue’ EPL, Bach addresses Beijing expo, East Bengal to join ISL, and more
Chinese streaming platform PP Sports is going to sue the English Premier League over the termination of their media-rights contract for the 2019-20 to 2021-22 cycle, according to Chinese news service Beijing…