The Business of Sports Management
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The Business of Sports Management
A Sports Management news resource 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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Europe’s clubs agree to boycott Infantino’s Club World Cup

Europe’s clubs agree to boycott Infantino’s Club World Cup | The Business of Sports Management | Scoop.it
By Andrew Warshaw
March 26 – Europe’s leading clubs today re-iterated that they will refuse to participate in Gianni Infantino’s revamped Club World Cup – but have not ruled out changing their minds for future editions if their needs are accommodated.
Following its general assembly in Amsterdam, the European Clubs Association said its members would stand firm and oppose competing in the new-look 24-club global competition which FIFA wants to start in 2021 in place of the Confederations Cup. Read more …
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Takeda to resign from IOC and as JOC President amid bribery allegations

Takeda to resign from IOC and as JOC President amid bribery allegations | The Business of Sports Management | Scoop.it

Tsunekazu Takeda will resign as President of the Japanese Olympic Committee (JOC) following bribery allegations linked to the successful bid from Tokyo...

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PSG score legal win over UEFA in financial monitoring case

PSG score legal win over UEFA in financial monitoring case | The Business of Sports Management | Scoop.it
Paris Saint-Germain won an initial legal battle with UEFA on Tuesday over the monitoring of its spending on player transfers and wages, and sponsorship deals linked to the club's Qatari owner.
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Cashed out: FIFA hands former senior VP and OFC boss Chung 6.5 year ban

Cashed out: FIFA hands former senior VP and OFC boss Chung 6.5 year ban | The Business of Sports Management | Scoop.it
By Andrew Warshaw
March 4 – Almost a year after resigning as head of the Oceania Football Confederation citing “personal reasons”, David Chung has been banned from the sport for 6.5 years for financial wrongdoing, reportedly over the awarding of contracts for the construction of the OFC headquarters in New Zealand.
Chung, an important ally in Gianni Infantino’s 2016 FIFA presidential election victory, was thrown out for offering and accepting gifts as well as conflict of interest, Read more …
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European leagues, clubs and UEFA slam Infantino’s $25bn ‘secret’ sell-off

European leagues, clubs and UEFA slam Infantino’s $25bn ‘secret’ sell-off | The Business of Sports Management | Scoop.it
By Andrew Warshaw
February 19 – European football stakeholders have aimed their strongest broadside to date at Gianni Infantino’s contentious $25 billion blueprint to change the landscape of global competitions.
With the FIFA Congress in Miami, where his proposals are due to be voted on, edging ever closer, UEFA, the clubs and leagues have joined forces to openly condemn plans to introduce a 24-team Club World Cup and turn the Nations League into a worldwide tournament. Read more …
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European Rugby nations discuss pooling TV rights for a more lucrative deal

European Rugby nations discuss pooling TV rights for a more lucrative deal | The Business of Sports Management | Scoop.it
The European Rugby nations have held meetings to discuss pooling TV rights for the Six Nations and the Autumn Internationals in order to get a more lucrative deal.
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Tennis And Football Dominate Suspicious Betting Activity

Tennis And Football Dominate Suspicious Betting Activity | The Business of Sports Management | Scoop.it
There were 267 cases of suspicious betting reported to the relevant authorities in 2018, according to international betting integrity body ESSA
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Soccerex: 14 MLS clubs ranked in Football Finance 100

Soccerex: 14 MLS clubs ranked in Football Finance 100 | The Business of Sports Management | Scoop.it
Major League Soccer’s presence as a major financial force in world soccer is improving, according to Soccerex’s second annual Football Finance 100 (FF100) report. The report compiles the top 100 clubs in the world based off an analysis of five key factors: playing assets (players), tangible assets (stadium, training centers, etc.), cash in the bank, […]
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Revived Glentoran are on the brink of wiping out their £1.7m debt

Revived Glentoran are on the brink of wiping out their £1.7m debt | The Business of Sports Management | Scoop.it
Glentoran have insisted they are close to securing the club's long term financial future by wiping out debts totalling almost £1.7m.
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Spanish club Reus Deportiu expelled for three years

Spanish club Reus Deportiu expelled for three years | The Business of Sports Management | Scoop.it
After six players were forced to leave due to unpaid wages, Reus have been banned from competing professionally in Spain for three years.
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Rangers chairman Dave King makes £11m offer for remaining shares

Rangers chairman Dave King makes £11m offer for remaining shares | The Business of Sports Management | Scoop.it
Rangers chairman Dave King has made an £11million offer to buy out the rest of the shares in the Ibrox club.
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Russia avoid further Wada sanctions despite missing data deadline

Russia avoid further Wada sanctions despite missing data deadline | The Business of Sports Management | Scoop.it
Russia has avoided further sanctions from the World Anti-Doping Agency despite missing a 31 December deadline to provide doping data from its Moscow laboratory by more than a fortnight
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World Anti-Doping Agency retrieves data from Russian lab

World Anti-Doping Agency retrieves data from Russian lab | The Business of Sports Management | Scoop.it
A World Anti-Doping Agency team retrieves data from the Russian Anti-Doping Agency's laboratory in Moscow after a week of work.
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Twenty-one athletes suspected of being part of international doping ring following Seefeld raid

Twenty-one athletes suspected of being part of international doping ring following Seefeld raid | The Business of Sports Management | Scoop.it
A group of 21 athletes from eight countries and five sports are
suspected of blood doping following the raid at the World Nordic
Skiing Championships...
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Team Sky become Team Ineos as new sponsor owned by Sir Jim Ratcliffe is confirmed

Team Sky become Team Ineos as new sponsor owned by Sir Jim Ratcliffe is confirmed | The Business of Sports Management | Scoop.it
Team Sky change their name to Team Ineos as they announce a new sponsor - a company owned by Britain's richest man Sir Jim Ratcliffe.
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Infantino 1, Europe 0 – Club World Cup gets FIFA go-ahead, 48-team Qatar 2022 t/c

Infantino 1, Europe 0 – Club World Cup gets FIFA go-ahead, 48-team Qatar 2022 t/c | The Business of Sports Management | Scoop.it
By Andrew Warshaw
March 15 – Hailing what he described as a “milestone in the history of FIFA and worldwide club football”, Gianni Infantino triumphantly announced today that he had won his battle to introduce a ground-breaking 24-team Club World Cup in the summer of 2021 to replace the Confederations Cup.
“Now the world will see a real Club World Cup where fans will see the best teams in the world compete to be crowned the real world champions,” Read more …
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Spain loses Euro U17 hosting and jeopardises UEFA backing for 2030 World Cup bid

Spain loses Euro U17 hosting and jeopardises UEFA backing for 2030 World Cup bid | The Business of Sports Management | Scoop.it
February 26 – Spain’s hopes of gaining UEFA support for a 2030 World Cup bid has taken a potential political hit after European football’s governing body stripped them of hosting qualifying games of the Under-17 European Championship for refusing to recognise the national symbols of Kosovo.
Spain was due to host Group Five matches featuring its own team as well as Greece, Kosovo and Ukraine.
However, following UEFA’s announcement to strip Spain of the hosting rights, Read more …
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Bundesliga clubs post record €4.42bn of revenue, says DFL

Bundesliga clubs post record €4.42bn of revenue, says DFL | The Business of Sports Management | Scoop.it
By Paul Nicholson
February 13 – Germany’s DFL is reporting a 14th consecutive annual uplift in professional football revenue to €4.42 billion for the 2017/18 season, an impressive average annual growth of 8.6%.
The Bundesliga and Bundesliga 2 revenue for last season was a 10% increase over 2016/2017 with the main driver of increased revenue being from media deals.
The ‘2019 DFL Economic Report’ shows its top tier Bundesliga generating total revenue of €3.81 billion – Read more …
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Talking Horses: lessons from the Layezy Racing bankruptcy

Talking Horses: lessons from the Layezy Racing bankruptcy | The Business of Sports Management | Scoop.it
In recent years, betting syndicates have become an increasingly popular way for smaller punters to play the gambling markets
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World Taekwondo receive $90,000 donation from Asia Development Foundation

World Taekwondo receive $90,000 donation from Asia Development Foundation | The Business of Sports Management | Scoop.it
World Taekwondo has received a cash donation of $90,000
(£70,000/€80,000) from the Asia Development Foundation (ADF).
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Coca-Cola Partners ICC In 5-Year Deal

Coca-Cola Partners ICC In 5-Year Deal | The Business of Sports Management | Scoop.it
Coca-Cola has agreed a five-year global sponsorship deal with the International Cricket Council (ICC). The soft drink giant will be the exclusive non-alcoholic beverage partner of the ICC until 2023. The strategic collaboration includes all ICC events around the world such as this year’s men’s Cricket World Cup and nextThis content is only available to iSportconnect community members. If you are an existing user please login. New users are invited to register here register.
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‘400,000 Ticket Applications For 1 Match!’ - ICC Chief Looks Ahead To The World Cup

‘400,000 Ticket Applications For 1 Match!’ - ICC Chief Looks Ahead To The World Cup | The Business of Sports Management | Scoop.it
Cricket fever will be sweeping the U.K. this summer as England and Wales co-host this year’s much-anticipated World Cup. Australia and Sri Lanka will be among the countries looking to win cricket’s most coveted prize when the 7-week tournament gets underway on May 30th. Traditionally one of the world’s most viewed sporting spectacles, the Cricket World Cup is considered the “flagship event of the international calendar” by organisers the ICC. Demand for tickets has been unprecedented with one match – India versus Pakistan – attracting more than 400,000 applications. The tournament’s Managing Director, Steve Elworthy, says they’ve been busy preparing for the competition since 2013 and that they’re ‘in a really good space’ with just 4 months to go. iSportconnect TV caught up with the former South African cricketer to see how the preparations were coming along.
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Russian Athletics Federation withdraw CAS appeal against IAAF suspension

Russian Athletics Federation withdraw CAS appeal against IAAF suspension | The Business of Sports Management | Scoop.it

An appeal by the Russian Athletics Federation (RusAF) to the Court of Arbitration for Sport (CAS) against their suspension from
international competit...

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The world's richest football clubs 2019: Real Madrid replace Manchester United at top of Deloitte Football Money League

The world's richest football clubs 2019: Real Madrid replace Manchester United at top of Deloitte Football Money League | The Business of Sports Management | Scoop.it
Manchester United have lost their status as the world’s richest club after Real Madrid replaced them at the top of Deloitte’s Football Money League.
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Cricket World Cup 2019 tickets being resold for more than £12,000

Cricket World Cup 2019 tickets being resold for more than £12,000 | The Business of Sports Management | Scoop.it
Cricket World Cup organisers are prepared to take legal action against secondary ticketing sites, with some 2019 tickets being offered at 104 times face value.
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