Europe
Audi courted by Red Bull Racing, as GPDA plans fan engagement initiative
German automaker Audi is open to entering Formula One amid growing speculation that it could partner Red Bull Racing as the team’s engine supplier.
Sports finance exchange launches in UK
Former Manchester City player Ray Ranson has launched an online-based sports finance exchange in an effort to attract asset managers towards lending to football clubs currently ranked below investment grade.
LFP chief hits out as Spanish football stakeholders head to court
Spanish Football League (LFP) president Javier Tebas has spelled out the financial ramifications of the proposed strike action for the domestic game, denouncing the move by the Spanish Footballers’ Association (AFE) and the Spanish Football Federation (RFEF) as “illegal”.
Pro12 organisers back ailing Italian clubs
Organisers of the Pro12 pan-European rugby union club competition have rejected suggestions that Italian clubs Zebre and Treviso could be kicked out of the competition with immediate effect.
Euroleague Final Four set for Berlin return in 2016
Euroleague Basketball has announced that the 2016 edition of its Final Four end-of-season men’s showpiece event will take place in the German capital, Berlin.
Barcelona marks 25th year of Spanish GP with contract extension
Spain has become the second Formula One host to extend its race contract this season, with the Circuit de Barcelona-Catalunya confirmed as the venue for the Spanish Grand Prix until 2019.
Inter, Roma and Monaco headline names as Uefa issues fresh FFP punishments
Italian Serie A football clubs AS Roma and Inter Milan, along with French Ligue 1 team AS Monaco, have agreed to pay fines and reduce the size of their squads in European competition under the latest round of settlements announced through Uefa’s Financial Fair Play (FFP) regulations.
European basketball stakeholders call for Fiba talks over calendar reform
European basketball stakeholders have reiterated their opposition to the International Basketball Federation’s (Fiba) plans to instigate calendar reform and have called for further talks with the global governing body to find a “suitable solution”.
World Match Racing Tour unveils new French, Russian events
Sailing’s World Match Racing Tour has confirmed the addition of new events in Russia and France for the 2015-16 campaign.
Former IMG exec linked with Aston Villa takeover
Paul Smith, a former executive at Chelsea and the IMG agency, is part of a group that has approached a number of investors in an effort to drum up support for a potential £150m (€202.6m/$228.4m) takeover of English Premier League football club Aston Villa, according to UK broadcaster Sky News.
Ohio named world’s best sports management course for 2015
Ohio University’s Master of Sports Administration programme has today been named the best postgraduate sports management course in the world by SportBusiness International for the third time.
Euroleague Basketball looks forward with new roadmap for elite competitions
Euroleague Basketball has announced a new economic distribution model for its top-tier Euroleague competition and the introduction of a Financial Fair Play (FFP) system.
Spanish Liga giants remain kings of valuation rankings, as United closes gap
Fifa slams German rights partner in wake of documentary
Fifa has hit out at German rights partner ARD after the public-service broadcaster aired a documentary surrounding the bidding process and preparations for the 2018 and 2022 World Cups in Russia and Qatar.
Wasps buoyed by success of innovative retail bond scheme
English Premiership team Wasps has hailed the success of a retail bond scheme it recently launched on the London Stock Exchange, with the rugby union club having reached its maximum target of £35m (€47.1m/$53.4m).
UCI sheds further light on Astana WorldTour licence decision
The International Cycling Union (UCI) has revealed that the Astana Pro Team, home of reigning Tour de France champion Vincenzo Nibali, retained its elite WorldTour licence because it has stayed clear of doping scandals this season.
LET’s Turkish Open set to trial new initiatives for women’s golf
Ladies European Tour (LET) chief executive Ivan Khodabakhsh has outlined plans for floodlit golf and tournaments running from Sunday to Wednesday as innovations designed to drive interest in the women’s game.
Stats bolsters sports data and analytics provision with Prozone deal
US sports technology, data and content company Stats has sealed its latest acquisition after agreeing a deal for UK-headquartered athlete tracking and sports performance analytics specialist Prozone.