Brazil
Brazilian Basketball Confederation ends recognition of national league
A storm is brewing in Brazilian basketball after the Brazilian Basketball Confederation (CBB) removed its recognition of the Liga Nacional de Basquete (LNB), the organiser of domestic leagues
Liga Forte Futebol agrees 50-year revenue deal with Serengeti, Life Capital
Liga Forte Futebol (LFF), one of two collectives seeking to plot a new path for Brazilian club football, has announced the completion of a 50-year agreement with US-based investment group Serengeti Asset…
Brazilian Olympic Committee agrees UOL content partnership
The Brazilian Olympic Committee (COB) and UOL, the country's leading news portal, have signed a multi-platform distribution agreement
EXCLUSIVE: Disney, WBD set to renew UCL rights across LatAm
Disney and Warner Bros. Discovery are in line to renew their Uefa Champions League rights deals across Latin America and Brazil, respectively, SportBusiness understands
Athletico Paranaense lands Ligga as stadium sponsor in 15-year deal
Communications technology company Ligga has acquired naming rights to the home stadium of Campeonato Brasileiro Série A football club Athletico Paranaense.
Libra investor makes new proposal amid concerns over trio
Mubadala Capital, the financier of Libra, one of two collectives of Brazilian clubs seeking to drive plans for a new football league system, has made another offer in a bid to stop defections to the rival…
Rival investment funds make financial incentives to Brazilian clubs
The two collectives of Campeonato Brasileiro Série A and B teams seeking to drive plans for a new Brazilian football league system have this week made new financial offers in a bid to entice rival clubs …
NBA coverage on Globo’s SporTV to end
Brazilian media group Globo is to stop showing National Basketball Association matches on its pay-TV channel SporTV
Globo retains rights to Brazil home matches
Media group Globo has retained domestic rights to the Brazilian national team’s home Fifa World Cup qualifying matches and friendlies until 2026.
LaLiga’s Brazilian rights-holder ESPN demands action on racism
The Disney Group, the exclusive broadcast rights-holder of LaLiga in Brazil, has called for immediate “solutions to the hateful racism that stains Spanish football” following the abuse suffered by Rea…
QSI holds exploratory talks about Santos stake, eyes Sampdoria investment
Qatar Sports Investments (QSI), the Qatari government-backed investment fund that owns French Ligue 1 club Paris Saint-Germain (PSG), has conducted due diligence and held initial talks about acquiring…
Coritiba agrees historic takeover deal with Treecorp Partners
Brazilian private equity firm Treecorp Partners has reached an agreement to purchase Campeonato Brasileiro Série A football club Coritiba in a deal worth more than R$1.3bn (€239m/$262m).
City Football Group completes takeover of Brazil’s Bahia
City Football Group (CFG), the parent company of Premier League club Manchester City, has completed its takeover of Esporte Clube Bahia, which becomes the 13th member of the global network of football…
Banco do Brasil extends backing of World Surf League
Banco do Brasil has renewed a domestic sponsorship deal with the World Surf League.
The new one-year agreement will grant Banco do Brasil continued brand exposure at events held in its home country
Assaí extends Campeonato Brasileiro Série A title sponsorship, Betano backs Série B
Brazilian cash and carry operator Assaí Atacadista has agreed a one-season extension to its title sponsorship of Campeonato Brasileiro Série A, while sports betting operator Betano has become the new t…
IMG sells Rio Open stake to Mubadala to meet ATP conditions
IMG has sold its 50-per-cent shareholding in tennis’ ATP 500 Rio Open to fellow shareholder Mubadala Capital.
Blaze to replace Pixbet as Santos’ main shirt sponsor
Brazilian betting company Blaze has agreed a deal to become the new main shirt sponsor of Campeonato Brasileiro Série A club Santos.
CBF seeking greater cut from Brazilian sports betting revenue
The Brazilian Football Confederation (CBF) has called on the Ministry of Finance to make changes to the law that will regulate the domestic sports betting sector in order to increase its share of revenue