The Business of Sports Management
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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.
Curated by John Beech
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July 17, 12:04 PM
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Sporting Lisbon Taps JPMorgan for €100 Million-Plus Debt Sale - Bloomberg

Sporting Lisbon Taps JPMorgan for €100 Million-Plus Debt Sale - Bloomberg | The Business of Sports Management | Scoop.it
Sporting Lisbon is working with JPMorgan Chase & Co. on a plan to raise at least €100 million ($117 million) in debt in the coming months, according to people familiar with the matter.
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Scooped by John Beech
July 13, 4:01 PM
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Fifpro not invited to Fifa player welfare meeting

Fifpro not invited to Fifa player welfare meeting | The Business of Sports Management | Scoop.it
Global players' union Fifpro is not invited to a "key" meeting that Fifa president Gianni Infantino held on player welfare and where a minimum three-week off-season break was agreed, BBC Sport has been told.
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July 10, 5:10 PM
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Wimbledon expansion land cannot be built upon, High Court told

Wimbledon expansion land cannot be built upon, High Court told | The Business of Sports Management | Scoop.it
Save Wimbledon Park is challenging major expansion plans by the AELTC at the High Court.
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Scooped by John Beech
July 8, 8:53 AM
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FIFA opens office at Trump Tower, New York

FIFA opens office at Trump Tower, New York | The Business of Sports Management | Scoop.it

July 8 – FIFA has opened an office at Trump Tower in New York City, deepening its already close ties with the much-criticised US administration. 


US President Donald Trump and FIFA supremo Gianni Infantino have long enjoyed something of a love-in, and this latest move by world football’s governing body cements its ties to the man and his sometimes controversial policies. 

Campaign groups recently warned FIFA that it risks becoming a “public relations tool to whitewash the reputation of an increasingly authoritarian government” over a US immigration crackdown which many insist has impacted attendances at the Club World Cup.  

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June 29, 6:59 AM
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Inter Milan secure 350 million euro financing to ease debt burden

Inter Milan secure 350 million euro financing to ease debt burden | The Business of Sports Management | Scoop.it
MILAN - Inter Milan have secured 350 million euro ($411 million) financing through a U.S. private placement of senior secured notes maturing in 2030, needed to repay early a high-yield bond due in 2027, the Champions League finalists said on Thursday. Read more at straitstimes.com. Read more at straitstimes.com.
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Scooped by John Beech
June 25, 5:58 AM
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Lyon relegated: French club demoted to Ligue 2 over finances

Lyon relegated: French club demoted to Ligue 2 over finances | The Business of Sports Management | Scoop.it
French club Lyon are demoted to Ligue 2 because of the poor state of their finances.
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June 19, 6:43 AM
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Los Angeles Lakers to be sold in historic deal: reports

Los Angeles Lakers to be sold in historic deal: reports | The Business of Sports Management | Scoop.it
The deal would mark the most expensive sale of a US sports team in history.
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June 12, 12:48 PM
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Brescia fans furious at Cellino as bankruptcy imminent for 114-year-old club

Brescia fans furious at Cellino as bankruptcy imminent for 114-year-old club | The Business of Sports Management | Scoop.it
Brescia fans are in uproar after patron Massimo Cellino failed to cover outstanding debts, so the club will be declared bankrupt.
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Scooped by John Beech
June 8, 1:09 PM
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Endgame for NCAA amateurism

Endgame for NCAA amateurism | The Business of Sports Management | Scoop.it
After years of legal wrangling, a federal court ruled that American
universities can pay their student-athletes millions, upending the
financial and legal status quo of college sport for the first time in
over a century, yet fresh challenges are emerging around long-term
fairness and sustainability.
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Scooped by John Beech
June 2, 2:38 PM
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San Francisco 49ers touchdown in Scotland with 51% stake in Rangers

San Francisco 49ers touchdown in Scotland with 51% stake in Rangers | The Business of Sports Management | Scoop.it

June 2 – The San Francisco 49ers group, fresh off securing promotion with Leeds United to the Premier League, has now set its sights on Glasgow Rangers. On Friday, the group confirmed it had acquired a 51% controlling stake, laying out a plan for long-term financial sustainability and improving “on-pitch performance”.
The acquisition consortium is led by Andrew Cavenagh, who made his fortune in healthcare and has already invested £20 million ($27 million) in the 55-time Scottish champions.

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May 29, 7:28 AM
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Sörling secures ITTF presidency amid Doha chaos

Sörling secures ITTF presidency amid Doha chaos | The Business of Sports Management | Scoop.it
The Swede has been re-elected president of the International Table
Tennis Federation following a highly contentious vote in the Qatari
capital. The decision was overshadowed by protests, procedural
complaints and scenes of disorder, which forced the ITTF's annual
congress to be abruptly suspended.
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Scooped by John Beech
May 18, 11:20 AM
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Calvin Ford: American in as Livingston majority shareholder & chairman

Calvin Ford: American in as Livingston majority shareholder & chairman | The Business of Sports Management | Scoop.it
Calvin Ford has become Livingston's majority shareholder and taken on the role of club chairman.
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Scooped by John Beech
May 16, 7:46 AM
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French FA to hand Ligue1 ownership to clubs and CVC in bid to build financial strength

French FA to hand Ligue1 ownership to clubs and CVC in bid to build financial strength | The Business of Sports Management | Scoop.it

May 13 – Imitation is indeed the sincerest form of flattery, and the 33-year-old English Premier League is deserving of a bow as the French Football Federation (FFF) unveils plans to completely transform their governance structure by adopting the Premier League’s club-owned model.
This revolutionary shift will replace the long-standing Ligue de Football Professionnel (LFP) with a new equity-based platform owned by the clubs themselves.

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July 17, 11:42 AM
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Brutal sanction for Montenegrin club found guilty of match-fixing

Brutal sanction for Montenegrin club found guilty of match-fixing | The Business of Sports Management | Scoop.it

July 17 – UEFA has delivered its verdict on Montenegrin club FK Arsenal Tivat, and it is brutal. Banned from European competition for ten years. Half a million euros in fines. Life bans for key figures.  
It all revolves around a Conference League qualifying tie which raised red flags for European football’s governing body. Arsenal Tivat managed a respectable 1-1 draw away at Armenian side Alashkert in July 2023, only to collapse 6-1 at home in the return leg.

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July 10, 5:13 PM
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Olympique Lyonnais saved from relegation on appeal

Olympique Lyonnais saved from relegation on appeal | The Business of Sports Management | Scoop.it

July 10 – Olympique Lyonnais have pulled off the great escape, with French football’s financial watchdogs at the DNCG reversing their previous decision to relegate the historic Ligue 1 club.
After months of bureaucratic posturing over debts running into the hundreds of millions, the Commission of Appeal has ultimately decided the seven-time champions can stay in the top-flight of French football.

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July 8, 9:16 AM
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Brazilian football clubs post R$1bn deficit despite record revenue

Brazilian football clubs post R$1bn deficit despite record revenue | The Business of Sports Management | Scoop.it
Spending outpaces gains from transfers and marketing as debt returns to 2020 levels
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June 29, 7:05 AM
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Football: Soccer-FC Barcelona sells bonds, restructures stadium-revamp debt

Football: Soccer-FC Barcelona sells bonds, restructures stadium-revamp debt | The Business of Sports Management | Scoop.it
MADRID (Reuters) -FC Barcelona said on Friday it was selling 424 million euros ($498 million) in bonds as part of a deal to restructure the debt it contracted for its Camp Nou stadium renovation that allows it to postpone the first repayment to 2033 from 2028.
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June 26, 11:40 AM
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Lionel Messi tops the list of highest-paid MLS players as salary info released

Lionel Messi tops the list of highest-paid MLS players as salary info released | The Business of Sports Management | Scoop.it

June 26 – Unsurprisingly, global footballing superstar Lionel Messi is the highest-paid player in the Major League Soccer (MLS) ranks – shocking stuff.
Major League Soccer Players’ Association’s (MLSPA) latest salary dump confirms what everyone already knew: the Argentine magician pockets $20.45 million annually in guaranteed compensation.

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June 19, 2:56 PM
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FIFA signs Airbnb as an official partner

FIFA signs Airbnb as an official partner | The Business of Sports Management | Scoop.it
During the three-year partnership, Airbnb will serve as an Official Partner for the FIFA Club World Cup 2025™, an Official Supporter
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June 14, 5:00 PM
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Inter Milan set to repay bond early as it plans new debt deal

Inter Milan set to repay bond early as it plans new debt deal | The Business of Sports Management | Scoop.it

MILAN - Champions League finalist Inter Milan is set to early repay a 415 million euro ($479.57 million) high-yield bond this month as the Italian soccer club prepares to secure funds from a new debt deal, it said in statement on Friday. 

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June 12, 12:34 PM
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Foster + Partners ‘finalising contract’ to design new stadium in Milan

Foster + Partners ‘finalising contract’ to design new stadium in Milan | The Business of Sports Management | Scoop.it

Foster + Partners has been selected to work alongside Manica on the design of a new stadium for AC Milan and Inter Milan, according to reports in Italy. Gazzetta dello Sport has reported that a contract with Foster + Partners is in the process of being finalised.

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June 5, 12:51 PM
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From Exposure to Engagement: Data-Driven Evolution of Sports Sponsorships

From Exposure to Engagement: Data-Driven Evolution of Sports Sponsorships | The Business of Sports Management | Scoop.it
The global sports sponsorship market is currently estimated at $114.41 billion and is projected to grow at a CAGR of 8.68%
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May 31, 7:59 AM
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Real Madrid top ranking of world’s most valuable clubs. Man City and Man Utd follow but €1bn behind

Real Madrid top ranking of world’s most valuable clubs. Man City and Man Utd follow but €1bn behind | The Business of Sports Management | Scoop.it

May 30 – Real Madrid may have played a season without significant silverware but they have retained their title of  being the world’s most valuable football club, according to the 10th Football Benchmark Football Clubs’ Valuation: The European Elite report, with an Enterprise Value (EV) of €6.3 billion.

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May 24, 12:09 PM
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Deal agreed to sell Dumbarton FC to Canadian entrepreneur

Deal agreed to sell Dumbarton FC to Canadian entrepreneur | The Business of Sports Management | Scoop.it
A deal has been agreed to sell Dumbarton FC.
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May 16, 8:02 AM
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UEFA outlines future goals with EURO 2025 pre-tournament impact report

UEFA outlines future goals with EURO 2025 pre-tournament impact report | The Business of Sports Management | Scoop.it

May 13 – The UEFA Women’s European Championship, scheduled to take place in Switzerland this summer, is shaping up to be one of the most impactful tournaments in the history of the women’s game according to a recently published report by Europe’s governing body.
Sixteen teams will compete across eight Swiss cities, backed by a €246 million joint investment from UEFA, the Swiss Football Association (SFA), and both local and federal government authorities.

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