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Israeli clubs worry over future as backers go Why English football is heading for a fall Eyes turn to “value for money” London 2012 Who is Asia’s most marketable sports star? The Ashes World Cup hosting battle Profiteering worries World Cup organisers
 
Israeli clubs worry over future as backers go

Israeli clubs worry over future as backers go

JERUSALEM (Reuters) – Three of Israel’s best-known soccer clubs face an uncertain future after learning that they will lose their financial backers. Alona Barkat of Hapoel Beersheba and Maccabi Netanya’s Daniel Jammer both said unruly behaviour by some fans was the final straw and announced last week that they would stop funding the two mid-table Premier [...]

Why English football is heading for a fall

Why English football is heading for a fall

The debts of English football clubs are racking up, with teams both big and small in deep trouble. John Davidson explains how the debt issue in England is spiraling out of control and what the dire consequences could be. It makes for alarming reading. The total of 18 clubs in the English Premier League are responsible [...]

Eyes turn to “value for money” London 2012

Eyes turn to “value for money” London 2012

LONDON (Reuters) – Organisers of the 2012 Olympics will be hoping to emulate the street-party atmosphere of Vancouver now that the curtain has come down on the Winter Games and all eyes turn to London. London organisers have always promised a “compact and atmospheric” Summer Games, largely as an antidote to the glitz of Beijing which [...]

Who is Asia’s most marketable sports star?

Who is Asia’s most marketable sports star?

Asia is rising as a force in world sport with new leagues, competitions and athletes emerging. But just who is the region’s most potent sports marketing force? John Davidson finds out. Last month Bloomberg and BusinessWeek unveiled its annual ranking of the 100 most powerful athletes in sport. This list covers the earning potential for athletes [...]

The Ashes World Cup hosting battle

The Ashes World Cup hosting battle

The competition for the 2018 and 2022 football World Cup hosting rights is panning out as a two-horse race between sporting rivals England and Australia. Both countries have brought out some of their big names as ambassadors, England with David Beckham and Australia with Nicole Kidman. By 2018 both will have recent Olympics hosting under their [...]

Profiteering worries World Cup organisers

Profiteering worries World Cup organisers

LONDON (Reuters) – Rocketing prices in South Africa are causing major concern among World Cup organisers, who fear profiteering could deter more soccer fans than alarmist reporting about violent crime. South African and FIFA officials have angrily condemned what they see as emotional and inaccurate reporting, especially in England and Germany, about the dangers to soccer [...]

Sachin named UNEP Goodwill Ambassador

Sachin named UNEP Goodwill Ambassador

16 March 2010

MUMBAI – Cricket legend Sachin Tendulkar has been named a United Nations Environment Programme Goodwill Ambassador. The appointment, made by UNEP Executive Director Mr. Achim Steiner in Mumbai, allows one of the world’s greatest cricketers the opportunity to use his legendary popularity to raise public awareness and harness support for environmental action in India and the [...]

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Reliance Industries and IMG Worldwide Forge Alliance

Reliance Industries and IMG Worldwide Forge Alliance

16 March 2010

MUMBAI (India PRwire) – Reliance Industries Limited (RIL) and IMG, the world’s leading sports marketing and management company, announced an equal joint venture to develop, market and manage sports and entertainment in India. The venture, IMG Reliance Pvt. Ltd., will have parallel complementary strategies: to provide and operate world class infrastructure and coaching facilities in [...]

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Club Mahindra sign five year deal with Yuki Bhambri

Club Mahindra sign five year deal with Yuki Bhambri

16 March 2010

CHENNAI -Mahindra Holidays & Resorts India Limited (MHRIL), India’s leading leisure hospitality provider, announced its commitment to sponsor India’s budding tennis star – Yuki Bhambri. As per the arrangement, MHRIL will sponsor Yuki for a period of five years. Mr. Ramesh Ramanathan, Managing Director, MHRIL, said, “Our brand experiences and Holiday services revolve around delighting the [...]

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Record purse of $7.5 million for new biennial World Cup

Record purse of $7.5 million for new biennial World Cup

16 March 2010

LONDON (Reuters) – The World Cup is to become a biennial event and after a break this year the team competition will return in 2011 with a record purse of $7.5 million. The World Cup, which has been held annually since 1953 apart from two occasions in the 1980s, will next year boast one of the [...]

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Queensland government to support Commonwealth Games bid

Queensland government to support Commonwealth Games bid

16 March 2010

SYDNEY (Reuters) – Queensland’s state government will contribute A$11 million ($10.08 million) to the bid to bring the 2018 Commonwealth Games to the Gold Coast, local media reported on Monday. The Gold Coast, about 75 kilometres south of Brisbane, was nominated as the region to bid for the Games in 2008. “The Games bid is formally [...]

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English soccer heading for salary caps, says Mawhinney

English soccer heading for salary caps, says Mawhinney

16 March 2010

LONDON (Reuters) – English soccer clubs must be prepared for salary capping, former Football League chairman Brian Mawhinney warned on Monday. The 60-year-old, who was succeeded after seven years by businessman Greg Clarke on Friday, believes that the current financial model at league clubs outside of the Premier League is not sustainable. “The business model of professional [...]

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Branson says his F1 team are ‘bang on track’

Branson says his F1 team are ‘bang on track’

16 March 2010

MANAMA (Reuters) – Richard Branson declared the successful birth of his Virgin Formula One team on Saturday after they were first of the newcomers in qualifying for the season-opening Bahrain Grand Prix. Germany’s Timo Glock will start 19th of the 24 drivers, immediately ahead of the two Lotus cars. The British billionaire, who last year sponsored the [...]

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Mohamed bin Hammam confirms for Soccerex Asian Forum

Mohamed bin Hammam confirms for Soccerex Asian Forum

16 March 2010

After expressing his support for the inaugural Soccerex Asian Forum (28-29 July, Singapore), Soccerex are delighted to confirm that the President of the Asian Football Confederation (AFC) will speak at the eagerly anticipated event. Mohamed bin Hammam (President, AFC), has commented that he is “delighted to welcome Soccerex and the Asian Forum. [...]

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HDFC Standrad Life extends their sponsorship with RR

HDFC Standrad Life extends their sponsorship with RR

11 March 2010

MUMBAI – HDFC Standard Life Insurance have extended their sponsorship for IPL 3 with The Indian Premier League (IPL) Team Rajasthan Royal. HDFC Standard Life Insurance  have come on as Associate Sponsors of the team. The deal is said to be valued at just over $1 million (Rs 4.8 crores). As part of the rights they have [...]

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Fortune Brands selling Cobra golf line to Puma

Fortune Brands selling Cobra golf line to Puma

11 March 2010

NEW YORK (Reuters) – Diversified consumer products company Fortune Brands Inc said it was selling its Cobra brand of golf equipment to German sportswear maker Puma AG to focus on its existing golf brands but said the deal would lower its 2010 earnings slightly. Fortune Brands, which also sells spirits such as Jim Beam and Canadian [...]

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