Germany

The German Football League (DFL) has announced that Bundesliga clubs will receive increases in revenues gained from international media rights due to the “positive market outlook” enjoyed by the top division of German football.

Uli Hoeness, president of German Bundesliga football club Bayern Munich, today (Monday) admitted to evading millions of euros in taxes through an undeclared Swiss bank account as his high-profile trial commenced at Munich’s state court.

Mixed martial arts organisation the Ultimate Fighting Championship (UFC) has announced it will return to Germany after unveiling a new event for Berlin on May 31.

An investor group led by Miami-headquartered buyout firm HIG Capital is closing in on a deal to acquire historic German race track the Nuerburgring, according to the Reuters news agency.

German sportswear and equipment giant Adidas has extended the contract of chief executive Herbert Hainer for another two years.

German Bundesliga football club Bayern Munich has taken a big step in its bid to develop its global brand by announcing that its first overseas office will open in New York on April 1.

Leaders has announced Jörg Wacker, executive board member for internationalisation and strategy at German Bundesliga football club Bayern Munich, as the first speaker for the 2014 Leaders Sport Summit New York.

Insurance company Allianz has acquired an 8.33-per-cent stake in Bayern Munich as part of a deal to extend its naming rights agreement for the German Bundesliga top-tier football club’s stadium until 2041.

Sports media and technology firm Deltatre has acquired German premium sports data and digital media services provider Impire, with the agreement marking the first corporate acquisition in the Italian firm’s 28-year history.

Global investment firm KKR has agreed a deal to acquire a 9.7-per-cent stake in Hertha Berlin, with the partnership representing a rare instance of foreign investment in German Bundesliga football.

The International Centre for Sport Security (ICSS) and the German Football League (DFL), governing body of the Bundesliga, have announced a partnership agreement in the areas of international cooperation and education across safety and security planning.

The German Bundesliga has written a new chapter in its financial success story, with the announcement that the revenues of the top division of German football increased by 4.4 per cent to €2.17bn ($2.95bn) in 2012-13, representing the league’s ninth straight annual turnover record.

Bayern Munich chief executive Karl-Heinz Rummenigge has revealed plans to expand the capacity of the German Bundesliga football club’s Allianz Arena to 75,000.

The Munich state court confirmed today (Thursday) that Formula One chief executive Bernie Ecclestone will face charges over payments to a German banker when the motor-racing series was sold to private equity group CVC Capital Partners in 2005.

The International Equestrian Federation (FEI) has announced that Barcelona will once again host the finale of its Nations Cup Jumping series, but the World Equestrian Festival in Aachen, Germany will not be part of the 2014 calendar due to commercial reasons.

Eric Liedtke has been appointed to the executive board of Adidas, where he will be responsible for the sportswear giant’s global brands.