SportBusiness International Newswire

Adidas has announced that it expects to achieve a record €2 billion in sales from football products in 2014.

  • If anyone is in any doubt that basketball is a global sport with ambitions to match then a visit to its new headquarters will soon put them right. A glance round the scene at the building’s grand opening and the roll call of the great and good in attendance show very clearly that basketball is a force to be reckoned with.

  • Genii Capital, owner of Formula One's Lotus F1 Team, has sold a 35% stake to investment consortium Infinity Racing.

  • Louise Martin and Gideon Sam have been awarded leading roles in Commonwealth sports development projects.

  • NASCAR track owner International Speedway Corporation (ISC) has approved $400 million funding to redevelop the frontstretch of the Daytona International Speedway, home of the Daytona 500.

  • The English Football Association has sealed a two-year extension to its partnership with Big Cola, the flagship brand of the multinational beverage company AJE.

  • Nascar has signed up information technology company HP as a commercial partner of the North American stock-car racing series.

  • Yahoo! has signed up as the latest sponsor of the San Francisco 49ers’ new Levi’s Stadium after agreeing a 10-year deal with the NFL franchise.

  • SweetSpot, the current organiser and commercial rights-holder for cycling’s Tour of Britain, is in a head-to-head battle with the Fast Track agency for the contract from 2014.

  • The MP & Silva agency has announced that it has reached an agreement with Al Jazeera to launch beIN Sport, the Qatari pay-television broadcaster’s sports pay-television service, in Indonesia.

  • Pay-television broadcaster Sky New Zealand has been outbid for rights to the English Premier League, the top division of football in England, by a new company.

  • UK telecommunications company BT has acquired rights for the World Club 7s rugby sevens competition on August 17-18 at Twickenham Stadium in London.

  • UK pay-television broadcaster BSkyB, telecommunications company BT, public-service broadcaster the BBC and commercial broadcaster ITV have all submitted bids for the next cycle of domestic rights to the FA Cup club football competition.

  • US network Fox is telling potential advertisers for its coverage of the 2014 Super Bowl American football game that they must also buy advertising time through other Fox Sports content, including programming on new national channel Fox Sports 1.

  • Diego Maradona has been awarded compensation from two Chinese firms after his name featured in an online game, Hot-Blooded Soccer, without the former footballing star’s permission.

  • Turkish Super Lig football club Besiktas and Vodafone have signed a memorandum of understanding for the telecommunications firm to acquire the team’s shirt sponsorship and naming rights to its new stadium.

  • Cincinnati’s NBC network affiliate, WLWT (Channel 5), has acquired local broadcast rights for all four Cincinnati Bengals primetime NFL American football games in 2013.

  • UK commercial broadcaster ITV has acquired rights for events operated by the Professional Darts Corporation.

  • Outgoing English Premier League chairman Sir Dave Richards has been linked with the chairmanship at Championship side Leicester City.

  • The presidents of Russia and the United States have confirmed in a joint statement that high-profile events, such as the 2014 winter Olympic Games in Sochi, will see the two nations working together on security.

  • The Scottish Professional Football League (SPFL) could generate at least £7m (€8.2m/$10.7m) from the sale of rights to the end-of-season play-off games for the Scottish Premier League top division over the next four seasons, from 2013-14 to 2016-17.

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