Asia
IOC says all options on the table for Tokyo 2020 cost-cutting
The International Olympic Committee (IOC) has said venue changes for rowing and canoeing, as well as volleyball, remain on the table for the 2020 summer Olympic Games following the conclusion of a three-day meeting in Tokyo today (Thursday).
Table tennis legend launches Chinese sports industry investment fund
Table tennis legend Deng Yaping has established an investment fund that will seek to tap into opportunities in the expanding Chinese sports industry.
Qingdao extends Clipper Race partnership
The Chinese city of Qingdao has signed an agreement to continue as a host port and team partner of the biennial Clipper Round the World Yacht Race.
Everbright Securities to launch China’s first PPP sports fund
Chinese financial services company Everbright Securities has said its investment arm will form the country’s first sports-focused public-private partnership fund in an effort to capitalise on China’s push to develop its sports market.
Deloitte takes sports business practice to Southeast Asia
Professional and financial services company Deloitte has launched a Southeast Asian division of its sports business practice in Singapore.
Tokyo 2020 panel outlines venue options in cost-cutting drive
A working group met for the first time today (Tuesday) to put forward venue options for a number of sports in a bid to cut costs for Tokyo’s staging of the 2020 summer Olympic and Paralympic Games.
Stumbling block for Tokyo 2020 venue plan ahead of key talks
The potential relocation of rowing and canoeing events at the 2020 summer Olympic Games to a different venue in Japan has been called into question after the Tokyo metropolitan government stated that the redevelopment of the proposed site in Miyagi Prefecture might not be completed in time.
Malaysia extends MotoGP race deal
Malaysia’s Sepang International Circuit (SIC) will continue to stage a MotoGP event until at least 2021 after a new five-year agreement was reached between local organisers and Dorna Sports, the motorcycle-racing series’ commercial rights-holder.
PGA Tour opens Tokyo office, Texas tournament relocated
The PGA Tour golf organisation has furthered its commitment to bolstering its presence in the Asian market by opening a new office in Tokyo, while the body has also confirmed that the 2018 edition of the AT&T Byron Nelson tournament will now be played at Trinity Forest Golf Club in Dallas, Texas.
WME-IMG appoints NBA exec to lead Chinese division
WME-IMG has appointed Michael Ma, a former executive of the NBA basketball league, as chief executive of its China subsidiary, as part of an effort to drive the agency’s growth in the country.
Port Adelaide claims landmark for AFL by taking Premiership game to Shanghai
Port Adelaide has claimed a piece of history for the Australian Football League (AFL) with the announcement that it will stage a Premiership game against the Gold Coast Suns in Shanghai, China next year.
Asian marathon league launches with Infront backing
The Infront Sports & Media agency has partnered with the Asian Athletics Association to establish a preparatory committee for a new continental marathon competition.
LPGA forges Alisports alliance for Chinese event
The Ladies Professional Golf Association has signed a 10-year deal with Alisports that will result in the division of Chinese e-commerce giant Alibaba owning an LPGA tournament held annually in mainland China.
World Rugby and Alibaba reveal vision to transform China into major global player
World Rugby has today (Wednesday) revealed details of a major 10-year investment programme worth $100m (€90.9m) with the Alisports division of Chinese e-commerce giant Alibaba which aims to propel China into a significant player in the global rugby union market.
Join Our Club | Can horse racing go mainstream in China?
Will the China Horse Club succeed where other ventures have failed and take the sport into the mainstream in China? Ryan Herman reports.
Malaysia considers Formula One exit amid falling interest
Malaysia is considering ending the hosting of its annual Formula One grand prix after its contract ends in 2018 due to falling ticket sales and TV viewership.
Wada chief calls for increased financial commitment from Japan
World Anti-Doping Agency (Wada) president Craig Reedie has called on Japanese Prime Minister Shinzo Abe to step up the country’s financial contribution to the fight against doping ahead of Tokyo’s staging of the 2020 summer Olympic and Paralympic Games.
CJ Corporation backs PGA Tour’s new Korean tournament
The PGA Tour golf organisation has partnered with global lifestyle company the CJ Corporation to launch a new event in South Korea.