Wanda Sports Group

Multiple Sports
Industry Moves

Dave O’Connor has left his role as director of global partnerships at Infront, a role in which he led a team overseeing the delivery and activation of Wanda Group’s various sports sponsorships.
Athletics
Events

The World Marathon Majors (WMM) has announced that the Singapore Marathon has dropped out of contention for one of three new membership slots
Finance & Law

Wanda Sports Group has completed its anticipated delisting from the Nasdaq stock exchange following the proposal from a Dalian Wanda subsidiary to buy the outstanding Class A ordinary shares
Finance & Law

Wanda Sports Group, the owner of the Infront agency, among other interests in sport, has reported a 42-per-cent drop in third-quarter revenues, primarily due to the impact of the Covid-19 pandemic coupled…
Finance & Law

Wanda Sports Group has formed an independent committee to consider a proposal from a Dalian Wanda subsidiary to buy the outstanding Class A ordinary shares in the sports marketing firm and potentially…
Finance & Law

Wanda Sports Group, the sports marketing entity that houses the Infront agency, has received an offer from a subsidiary company of Wang Jianlin’s Dalian Wanda, the Chinese multinational conglomerate, t…
Finance & Law

The sports shutdown caused by the Covid-19 pandemic has led to a 75-per-cent fall in second-quarter revenues at Wanda Sports Group, the owner of the Infront agency, among other interests in sport
Cricket
Events

Fifa president Gianni Infantino has been cleared by the organisation's ethics committee of any breach of its code in relation to his meetings with Swiss attorney-general Michael Lauber
Football
Media

Six investment funds are said to have made binding offers to Lega Serie A, governing body of the top division of Italian club football, regarding a media company that would market broadcast rights
Finance & Law

Wanda Sports Group, the owner of the Infront agency, among other interests in sport, suffered a 26-per-cent year-on-year revenue drop in the first quarter of 2020 as its Spectator Sports and Mass Participation…
Finance & Law

Wanda Sports Group, the owner of the Infront agency, among other interests in sport, has announced the voluntary dismissal of a class action lawsuit filed against it in the wake of its initial public offering
Finance & Law

Wanda Sports Group, the owner of the Infront agency, among other interests in sport, has reported revenues of €1.03bn ($1.16bn) in 2019, a 9-per-cent fall on 2018.
Mass Participation
Finance & Law

Ben Cronin looks at Advance Publications and Orkila Capital's recent acquisition of Ironman, and how it will be looking to capitalize on the event despite much of the audience and participants of the mass participation series being under lockdown.
Mass Participation
Finance & Law

Wanda Sports Group has announced it has entered into a definitive stock purchase agreement to sell its Ironman business to Advance Publications, the American media company that owns Condé Nast and holds …
Triathlon
Events

The Ironman Group has announced that it is set to launch an all-digital version of its iconic triathlon series, Ironman Virtual Racing, allowing athletes to continue to train and compete from anywhere…
Finance & Law

Wanda Sports Group, the sports unit of Chinese conglomerate Dalian Wanda, has agreed a $240m (€215.3m) senior term loan facility with Credit Suisse.
Finance & Law

Wanda Sports Group, the sports unit of Chinese conglomerate Dalian Wanda, has warned of the potential for a “material adverse impact” on its business because of the ongoing spread of the coronavirus.
Mass Participation
Finance & Law

The Professional Triathletes Organisation has written its latest open letter to Wanda Sports Group, suggesting that any plans it has to sell Ironman could be “adversely affected” if it fails to entertain the…