Sportbusiness.com

Nike looking to find a buyer for Umbro

Matt Cutler — Fri, 01 Jun 2012 07:48:46 +0000

Sportswear giant Nike has announced its intention to sell Umbro and focus its efforts on driving growth in its own brand along with Jordan, Converse and Hurley, just four years after having acquired the football-focused company.

Formula One’s IPO encounters delays

Matt Cutler — Fri, 01 Jun 2012 07:45:33 +0000

Formula One’s much-hyped initial public offering (IPO) on the Singapore Stock Exchange has been delayed due to poor market conditions.

United targets North American growth through Chevrolet deal

Matt Cutler — Fri, 01 Jun 2012 07:42:33 +0000

Manchester United has signed up Chevrolet as its new automotive partner in a five-year deal, with the club seeking to use the deal to boost its presence in North America and the company aiming to tap into United’s huge fan base to further establish itself as a global brand.

St. Moritz lands 2017 Alpine Ski Championships

Matt Cutler — Fri, 01 Jun 2012 07:39:51 +0000

The Swiss resort of St. Moritz has held off competition from Sweden’s Are to land the 2017 Alpine World Ski Championships.

Istanbul 2020 bridges Olympic bid question mark

Matt Cutler — Fri, 01 Jun 2012 07:38:07 +0000

Istanbul 2020 has hailed the appointment of a consortium to build a third bridge over the Bosphorus as a major step towards delivering on its bid promises for the 2020 Olympic Games.

Business heavyweights added to America’s Cup board

Matt Cutler — Fri, 01 Jun 2012 07:35:08 +0000

Organisers of the 34th America’s Cup have continued their efforts to revitalise the iconic sailing event by making a number of high-profile additions to its advisory board.

TSE Consulting to assist new American T20 league

Matt Cutler — Fri, 01 Jun 2012 07:32:47 +0000

Cricket Holdings America, a joint venture between New Zealand Cricket and the United States of America Cricket Association, has announced the appointment of TSE Consulting to assist with its plans to initiate a Twenty20 cricket league in North America.

Premier League club revenues rise again, but Bundesliga reigns in profitability

Matt Cutler — Thu, 31 May 2012 07:29:04 +0000

The combined revenues of Barclays Premier League clubs increased by 12% to a record £2.271 billion in the 2010-11 season, but cost control remains a key challenge ahead of the introduction of UEFA’s Financial Fair Play (FFP) regulations, according to the Sports Business Group at Deloitte.

FIFA expands World Cup’s commercial portfolio

Matt Cutler — Thu, 31 May 2012 07:26:56 +0000

Wise Up has been named as the first-ever educational establishment to sponsor a World Cup, while FIFA has also announced that Globo Marcas will become the master licensee for Brazil’s staging of the tournament in 2014.

Rugby World Cup organisers beat financial projections

Matt Cutler — Thu, 31 May 2012 07:25:47 +0000

Rugby World Cup 2011 organisers have stated their satisfaction after being able to slash 20% off projected losses from staging last year’s tournament in New Zealand.

NFL’s Pro Bowl survives for 2013

Matt Cutler — Thu, 31 May 2012 07:24:26 +0000

The National Football League (NFL) has announced that its Pro Bowl will return to Hawaii in 2013, but officials have insisted that the quality of the game must improve.

WRC suffers fresh blow with loss of Nokia partnership

Matt Cutler — Thu, 31 May 2012 07:23:05 +0000

The embattled World Rally Championship has suffered a new setback with the end of a lucrative sponsorship deal with Nokia, a development that WRC Commission president Jarmo Mahonen admits is a “big loss”.

Bangladeshi cricket boosted by lucrative Sahara offer

Matt Cutler — Thu, 31 May 2012 07:21:28 +0000

The Sahara Group is poised to extend its cricket backing by becoming the new main sponsor of the Bangladesh national team.

NZRU scrums down with flurry of commercial deals

Matt Cutler — Wed, 30 May 2012 07:42:11 +0000

The New Zealand Rugby Union (NZRU) has announced sponsorship extensions with five major partners, but chief executive Steve Tew has warned that the Union still faces “significant” financial challenges.

Tokyo 2020 spells out need for Olympic bid success

Matt Cutler — Wed, 30 May 2012 07:40:46 +0000

Tokyo 2020 president Tsunekazu Takeda has stated that the city’s bid for the 2020 Olympic Games represents the most realistic chance to land the event for a number of years, as the bid committee unveiled its first four official partners.

Exclusive: World Taekwondo Federation weighs in on Cook selection debate

Matt Cutler — Wed, 30 May 2012 07:35:39 +0000

GB Taekwondo overlooked World Taekwondo Federation (WTF) guidelines in its decision not to select Aaron Cook for the 2012 London Olympics, according to Jean-Marie Ayer, Secretary General of the sport’s world governing body.

Barclays to end backing of ‘Asia’s major’

Matt Cutler — Wed, 30 May 2012 07:33:29 +0000

Singapore Open organisers are seeking a new title sponsor after Barclays elected not to extend its association with the tournament billed as golf’s Asian major.

Manchester City appoints Glick to high-ranking position

Matt Cutler — Wed, 30 May 2012 07:32:03 +0000

Manchester City has appointed Tom Glick to the new post of chief commercial and operating officer, with the American set to fill the void left by Garry Cook’s resignation as CEO last year.

Ambev partners with Sao Paulo clubs in landmark initiative

Matt Cutler — Wed, 30 May 2012 07:30:36 +0000

Latin American brewing giant Ambev has unveiled a major marketing initiative centred on Sao Paulo’s top clubs which aims to transform the Campeonato Brasileiro into the world’s top league by 2015.

Ukraine’s NOC acts swiftly over London 2012 ticket scandal

Matt Cutler — Tue, 29 May 2012 07:21:56 +0000

Ukraine’s National Olympic Committee (NOC) has announced the resignation of general secretary Volodymyr Gerashchenko and the formation of an independent investigation into allegations he offered to sell tickets to the London Olympic Games on the black market.