MCC signs up Sunsystems to manage revenue streams
The Melbourne Cricket Club (MCC) in Australia will use UK financial software house SunSystems to manage its revenue streams which total over £36 million ($100m).
Zetters joins spread betters
The popularity of spread betting was verified today after UK-based soccer group Zetters launched IFX Financial, a financial spread betting service.
NTL sees subscriptions rise by 26 percent
NTL, the UK’s largest cable operator which will broadcast Premiership pay-per-view soccer next season, reported a 26 percent increase in digital television customers for the second quarter ending June 30.
Real Madrid reveals profits forecast
Florentino Perez, president of Spanish soccer club Real Madrid, expects the club to make a net profit of Pts96.162bn ($508.113m/B
‘No European Olympic games until 2016’
Alfredo Goyeneche, president of the Spanish Olympic Committee, says the Olympic Games will not return to Europe until 2016.
Update: Real Madrid balancing books
Florentino Perez, president of Spanish soccer club Real Madrid, said the sale of their city-centre training ground would allow the club to balance their books and clear debts of $250million (B
Kingsbridge scores fifth goal
Kingsbridge, the UK-based financial services adviser that specialises in sports stars has broadened its client base by buying rival Benson McGarvy for £13.3 million ($18.5 million) in a cash-and-shares deal.
Jordan comeback would be in New York
Should basketball legend Michael Jordan decide to make a comeback with the Washington Wizards, his return would come on October 30 in New York against home side, the Knicks.
Clubs to force shake up at Soccer Australia
Four Australian state soccer federations have called for an emergency general meeting to vote in a new board for Soccer Australia (SA), according to state broadcaster ABC.
Update: Townley merges with Hammond Suddards Edge
The international nature of the business of sport is forcing sports law firms to expand and become less parochial, sports law specialist Stephen Townley told sportbusiness.com following the merger of his company, Townleys, with corporate law firm Hammond Suddards Edge.