Wanda Sports Group
IMG to identify AFA sponsors in APAC, supplants Wanda in China
The Argentinian Football Association has appointed IMG as its exclusive sponsorship agency in the Asia Pacific region (APAC), as part of a two-year deal that will run from 2025 to 2026.
Infront director of global partnerships O’Connor switches to 18K Sports
Dave O’Connor has left his role as director of global partnerships at Infront, a role in which he led a team overseeing the delivery and activation of Wanda Group’s various sports sponsorships.
Singapore exits proceedings for World Marathon Majors status
The World Marathon Majors (WMM) has announced that the Singapore Marathon has dropped out of contention for one of three new membership slots
Wanda Sports Group completes delisting
Wanda Sports Group has completed its anticipated delisting from the Nasdaq stock exchange following the proposal from a Dalian Wanda subsidiary to buy the outstanding Class A ordinary shares
Wanda Sports Q3 revenues down 42 per cent but net profit reported
Wanda Sports Group, the owner of the Infront agency, among other interests in sport, has reported a 42-per-cent drop in third-quarter revenues, primarily due to the impact of the Covid-19 pandemic coupled…
Wanda Sports Group forms independent board to consider share acquisition bid
Wanda Sports Group has formed an independent committee to consider a proposal from a Dalian Wanda subsidiary to buy the outstanding Class A ordinary shares in the sports marketing firm and potentially…
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…
Wanda Sports suffers 75-per-cent revenue drop, headcount cut by 13 per cent
The sports shutdown caused by the Covid-19 pandemic has led to a 75-per-cent fall in second-quarter revenues at Wanda Sports Group, the owner of the Infront agency, among other interests in sport
Round-Up: Fifa ethics committee clears Infantino, CAF delays qualifiers, China LPGA Tour restarts, and more
Fifa president Gianni Infantino has been cleared by the organisation's ethics committee of any breach of its code in relation to his meetings with Swiss attorney-general Michael Lauber
Lega Serie A set to weigh up rights proposals
Six investment funds are said to have made binding offers to Lega Serie A, governing body of the top division of Italian club football, regarding a media company that would market broadcast rights
Wanda Sports’ 26-per-cent Q1 revenue drop caused by cyclicality and Covid-19
Wanda Sports Group, the owner of the Infront agency, among other interests in sport, suffered a 26-per-cent year-on-year revenue drop in the first quarter of 2020 as its Spectator Sports and Mass Participation…
Class action lawsuit against Wanda Sports is dismissed
Wanda Sports Group, the owner of the Infront agency, among other interests in sport, has announced the voluntary dismissal of a class action lawsuit filed against it in the wake of its initial public offering
Wanda Sports reports full-year revenue dip, reiterates Covid-19 warning
Wanda Sports Group, the owner of the Infront agency, among other interests in sport, has reported revenues of €1.03bn ($1.16bn) in 2019, a 9-per-cent fall on 2018.
Ironman’s new investors will focus on content and virtual racing to unlock value
Ben Cronin looks at Advance Publications and Orkila Capital's recent acquisition of Ironman, and how it will be looking to capitalize on the event despite much of the audience and participants of the mass participation series being under lockdown.
Wanda to sell Ironman to Advance Publications in $730m deal
Wanda Sports Group has announced it has entered into a definitive stock purchase agreement to sell its Ironman business to Advance Publications, the American media company that owns Condé Nast and holds …
Ironman launches Virtual Racing series
The Ironman Group has announced that it is set to launch an all-digital version of its iconic triathlon series, Ironman Virtual Racing, allowing athletes to continue to train and compete from anywhere…
Wanda Sports Group signs $240m loan facility
Wanda Sports Group, the sports unit of Chinese conglomerate Dalian Wanda, has agreed a $240m (€215.3m) senior term loan facility with Credit Suisse.
Wanda: Coronavirus may cause ‘material adverse impact’ on sports unit
Wanda Sports Group, the sports unit of Chinese conglomerate Dalian Wanda, has warned of the potential for a “material adverse impact” on its business because of the ongoing spread of the coronavirus.