Finance & Money
In this week's China sports industry round-up: WTA Finals will move to Shenzhen; China Open becomes second £1m snooker event; and more details about Wanda's IPO.
Sports teams and rights-holders are today presented with a panoply of funding mechanisms to help raise money: issuing of mini-bonds, shares and other crowdfunding initiatives; financing against commercial rights; and insurance-backed loans are all competing against the high-street banks.
In this week's China sports industry round-up: Alibaba Cloud replaces Alibaba E-Auto as title of UAE-based event; Youth team leaves Germany following Tibet protest; and home fighters shine during UFC's Chinese debut
In this week's China sports industry round-up: New revelations raise concerns over Chinese ownership of AC Milan; Trump comments extend UCLA 3 saga; and German tour disrupted by Tibet protest
In this week's China sports industry round-up: Chinese golfer hits top spot; Alisports supports university sport; and Pac-12 China Game hits headlines for wrong reasons.
In this week's China sports industry round-up: CCTV signs Fifa rights renewal; New investment guidelines have $300m benchmark; and League of Legends showpiece leaves ticket-less fans disappointed.
In this week's China sports industry round-up: Joe Tsai buys 49% stake in Brooklyn Nets for $2.3bn; PGA Tour China has repaired its relationship with the China Golf Association; and the Australian Football League (AFL) is to return to Shanghai next year for its second regular season overseas clash.
In this week's China sports industry round-up: President Xi Jinping tells Party Congress that efforts to build China's sporting strength will be accelerated, questions are raised about doping claims dating back to the 1980s, and Chinese basketball has been overhauled ahead of the new season.
As the Chinese government seeks to control the overseas flow of its currency, Simon Chadwick, professor of sports enterprise at Salford University Manchester and founding co-director of the China Soccer Observatory at the University of Nottingham, looks at a history of government intervention in the creation of the country’s sports economy.
Laura Phillips and Matthew Duncan from Kingsley Napley LLP are both part of the firm’s ‘Public Eye, Private Lives’ campaign that supports high-profile figures in the media. They explain the possible repercussions for sportspeople who get caught up in the furore around tax avoidance schemes.