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NFL heading to Madrid in 2025

NFL heading to Madrid in 2025 | The Business of Sports Management | Scoop.it

The NFL will play its first regular-season game in Spain next year after announcing plans for a fixture aThe NFL will play its first regular-season game in Spain next year after announcing plans for a fixture at the Santiago Bernabéu, home of LaLiga football club Real Madrid.

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The Business of Sports Management
Since 2013, a Sports Management news archive of resources designed to support the book The Business of Sport Management, eds. John Beech and Simon Chadwick, Pearson Education. Regularly updated with news from the world of Sports Management.. See also http://tinyurl.com/TBOEM for Events Management news, including, for example, the FIFA World Cups.  Using the TAGS below is strongly recommended.
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Fluminense debt hits $160m but club shows increased profit

Fluminense debt hits $160m but club shows increased profit | The Business of Sports Management | Scoop.it

May 2 – Fluminense are the latest Brazilian club to report rising debt levels in their 2023 financial year, now running at more than R$800 million ($156.5 million) in 2023. This is despite the Rio club reporting an operating surplus of R$78 million ($15.3 million).
In 2022, Fluminense registered a profit of R$7 million ($1.4 million), adding a further R$71 million in 2023.
However club debts grew from R$793 million ($155 million) in 2022 to R$822 million ($160 million) the following year.

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Vitesse launch crowdfunding campaign in bid save club from folding

Vitesse launch crowdfunding campaign in bid save club from folding | The Business of Sports Management | Scoop.it

May 3 – Dutch Eredivisie outfit Vitesse has started a crowdfunding campaign in a bid to retain the club’s professional status.
Vitesse is in deep financial difficulty and has a deadline of two weeks to address the situation. The club is yet to obtain a professional license to enable it compete in next season’s league.
“Let your yellow-black heart speak, just like me,” said John Van den Brom, Vitesse’s manager.
Leo Beenhakker and Lois Openda are other ambassadors who have endorsed the crowdfunding.

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Thousands of players are part of MCO groups without regulations that protect their interests

Thousands of players are part of MCO groups without regulations that protect their interests | The Business of Sports Management | Scoop.it
An estimated 13,000 players are now playing for clubs in multi club ownership groups (MCO), and the number of MCO groups continue to rise. Currently there is little regulation of these networks, and it poses a number of risks to players.
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LaLiga: Plans for Spanish top-flight matches abroad 2025-26

LaLiga: Plans for Spanish top-flight matches abroad 2025-26 | The Business of Sports Management | Scoop.it
President of LaLiga, Javier Tebas, has unveiled plans for Spanish
top-flight matches to be held abroad during the 2025-26 campaign.
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The five greatest doping scandals in sport - and Kenya's marathon attempt to join in

The five greatest doping scandals in sport - and Kenya's marathon attempt to join in | The Business of Sports Management | Scoop.it
From Ben Johnson and BALCO to cycling's EPO era and state-sponsored plots in East Germany and Russia, sport has been littered with drugs controversies. Kenya's is still unfolding
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Spanish tennis player Aaron Cortes banned to 2039 for corruption

Spanish tennis player Aaron Cortes banned to 2039 for corruption | The Business of Sports Management | Scoop.it
Spanish tennis player Aaron Cortes is banned from the sport until 2039 by the International Tennis Integrity Agency after admitting to corruption charges.
Damon Felder's curator insight, April 12, 9:55 AM

Corruption in Tennis?

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The Scottish golf courses disappearing into the sea

The Scottish golf courses disappearing into the sea | The Business of Sports Management | Scoop.it
Some of Scotland’s oldest golf courses are losing seven metres a year to coastal erosion.
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More turmoil at Ajax as new CEO suspended on suspicion of insider trading

More turmoil at Ajax as new CEO suspended on suspicion of insider trading | The Business of Sports Management | Scoop.it
AMSTERDAM (AP) — Ajax's calamitous season worsened when the Amsterdam club suspended new CEO Alex Kroes on Tuesday and said it intends to fire him on suspicion of insider trading in the club's shares.
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NFL Teams Take Advantage of New Debt Limits, Float $1.5B in Loans

NFL Teams Take Advantage of New Debt Limits, Float $1.5B in Loans | The Business of Sports Management | Scoop.it
NFL franchises are selling nearly $1.5 billion in new debt to finance operations, according to information contained in a new ratings note from Fitch.
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Baseball’s Most Valuable Teams 2024

Baseball’s Most Valuable Teams 2024 | The Business of Sports Management | Scoop.it
The Los Angeles Dodgers and Philadelphia Phillies rose the most in value thanks to their rich TV deals and high attendance—but last year wasn’t a grand slam for most MLB teams.
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FIFA moved goalposts as Danish bid for U17 World Cup ignored in favour of Qatar and Morocco

FIFA moved goalposts as Danish bid for U17 World Cup ignored in favour of Qatar and Morocco | The Business of Sports Management | Scoop.it
March 20 – The Danish Football Association (DBU) have said they expressed interest in hosting the U-17 World Cup, but never heard back from FIFA who awarded the next five editions of the tournament to Qatar, claiming the decision “followed a global call for expressions of interest.” 
Danish newspaper Ekstrabladet reports that the DBU was keen on staging the youth tournament in 2025 and informed FIFA of their interest. It is understood that the Danes weren’t the only European national association to be blindsided by FIFA’s decision. Read more …
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Why Lewis Hamilton's first F1 title is being challenged in the High Court

Why Lewis Hamilton's first F1 title is being challenged in the High Court | The Business of Sports Management | Scoop.it
Felipe Massa feels he was robbed of the 2008 world championship by the 'Crashgate' scandal in Singapore - and now wants justice
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German fans keep pressure on over 50+1 ownership rule

German fans keep pressure on over 50+1 ownership rule | The Business of Sports Management | Scoop.it

February 27 – Despite the German football league capitulating to fan power over third party investment, more protests occurred at the weekend, this time over Germany’s much coveted 50+1 rule.
Last week, the DFL agreed to scrap its controversial plan to sell future media rights income to an outside investor for an upfront payment.

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Bundesliga and Serie A claim fifth spots for expanded 2024/25 Champions League

May 2 – Italy and Germany have won the race to gain five slots each in next season’s Champions League as England and France miss out.
The allocation of extra places in the Champions League was confirmed on Wednesday night after Borussia Dortmund defeated Paris Saint-Germain 1-0 in the first leg of the Champions League semi-final. Serie A had already sealed the first extra spot for Italy last month.

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Judge issues order to administrators of brand in Rangers dispute

Judge issues order to administrators of brand in Rangers dispute | The Business of Sports Management | Scoop.it
A JUDGE has ordered the administrators of a sports wear brand embroiled in a kit sales dispute with
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St Johnstone: Geoff Brown agrees sale to American Adam Webb

St Johnstone: Geoff Brown agrees sale to American Adam Webb | The Business of Sports Management | Scoop.it
St Johnstone owner Geoff Brown agrees to sell his majority stake in the Scottish Premiership club to American businessman Adam Webb.
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Welsh FA launches major overhaul of its top tier league with expansion on and off the pitch

April 24 – The Welsh FA (FAW) has launched a six-year strategy through to 2030 for the overhaul of the top tier of its men’s league, the JD Cymru Premier League, to make it more competitive on and off the field, and boost its commercial positioning as it reformats both the league and its calendar.

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LaLiga reports record revenues and attendances for 2023/24 season

LaLiga reports record revenues and attendances for 2023/24 season | The Business of Sports Management | Scoop.it

April 15 – Spain’s LaLiga is reporting record total revenue of €5.69 billion for the 2022-23 season an increase of 17.8% over the 2021/22 season beating the pre-covid high mark of €5.07 billion in 2019-20.
LaLiga said the revenue was boosted by by commercial revenues that increased 28.6% year-on-year and a 36.9% increase in stadium attendances to more than 15 million over the season, the league’s highest ever.
LaLiga said average stadium occupancy is now at 72%.

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Paris 2024: World Athletics to become first federation to award prize money at Olympic Games

Paris 2024: World Athletics to become first federation to award prize money at Olympic Games | The Business of Sports Management | Scoop.it
World Athletics will reward gold medallists at this year's Olympic Games in Paris with $50,000 (£39,400) in prize money.
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Official: Formula One to buy MotoGP

Official: Formula One to buy MotoGP | The Business of Sports Management | Scoop.it
MotoGP said in a statement that Liberty Media, the owners of Formula
One, bought MotoGP on Monday for more than €4 billion. "Liberty
Media Corporation has announced an agreement to acquire MotoGP,"
begins the statement released by MotoGP on Monday 1st April
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Spanish police arrest Rubiales as part of corruption probe into RFEF’s Saudi cash

Spanish police arrest Rubiales as part of corruption probe into RFEF’s Saudi cash | The Business of Sports Management | Scoop.it

April 3 – Luis Rubiales, the disgraced former president of the Spanish football federation (RFEF), has been arrested as part of a corruption investigation.
He was detained on his arrival in Madrid from the Dominican Republic.
The case is separate to the ‘Kissgate’ scandal for which Spanish prosecutors are seeking a prison term of two years and six months for Rubiales.

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Chart: America's Sports Betting Boom | Statista

Chart: America's Sports Betting Boom | Statista | The Business of Sports Management | Scoop.it
This chart shows gross gaming revenue from sports betting in the United States.
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Felipe Massa’s suing F1 and the FIA for justice and $80M: ‘We will not be deterred’

Felipe Massa’s suing F1 and the FIA for justice and $80M: ‘We will not be deterred’ | The Business of Sports Management | Scoop.it
"This lawsuit seeks recognition that FIA breached its own regulations and that Felipe should have been considered the 2008 F1 Champion."
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Infantino earns 33% pay rise to $4.66 million

Infantino earns 33% pay rise to $4.66 million | The Business of Sports Management | Scoop.it

March 18 – FIFA President Gianni Infantino has secured a 33% pay rise to run world football and now earns an eye-watering CHF 4.13 million ($4.66 million). FIFA grants its national federations $2 million annually.
FIFA has revealed the previously undisclosed information in its latest financial report, taking together his base salary and bonuses.Read more …

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Ski resorts’ era of plentiful snow may be over due to climate crisis, study finds

Ski resorts’ era of plentiful snow may be over due to climate crisis, study finds | The Business of Sports Management | Scoop.it
US ski industry is losing billions as average season has become five to seven days shorter in past half century
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