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Ronaldo highest-paid athlete, footballers dominate top 10: Forbes

SportzPower Team

May 17, 2024 15:05

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Portuguese supertar Cristiano Ronaldo has topped the Forbes list of the highest-paid athletes for a second year running.

Ronaldo also headed the list last year following his move to Saudi Arabian football club Al Nassr.

The latest list of the highest-paid athletes released by Forbes reveals that the 39-year-old Portuguese forward earned $260 million over the past 12 months, up from $136m in the business magazine's 2023 listing.

Nov 27, 2018 13:11

ITW Playworx opens second overseas branch in London

MUMBAI: Indian sports marketing and talent management company ITW Consulting announced Tuesday that its subsidiary, ITW Playworx, will be expanding into the United Kingdom with its head office in London. Based out of Mumbai, this will be ITW’s second overseas branch after Dubai. The company also named Ankur Sharma as head of its UK operations.

Nov 27, 2018 12:11

WPP to merge Wunderman, JWT in early 2019

LONDON: Global marketing giants WPP announced Monday that its two subsidiaries, Wunderman and J. Walter Thompson (JWT) will unite to form Wunderman Thompson, a creative, data and technology agency built to inspire growth for its clients. The new organisation will be distinctively positioned as a provider of end-to-end solutions through creative, data, commerce, consulting and technology services at a global scale.

Nov 24, 2018 16:11

Bayern Munich scores record revenues in 2017-18

MUNICH: Bundesliga champions Bayern Munich may be struggling badly this season, but that hasn’t dampened their off-the-field performance for the 2017-18 financial year. Bayern claims to have earned a whopping 657.4 million euros ($745.6 million) in overall revenues, which is an all-time record for the club. After paying taxes, Bayern posted net profits worth 29.5 million euros ($33.5 million).

Nov 24, 2018 16:11

CSK overtakes brand value of parent company India Cements

CHENNAI: Off-market transactions have resulted in investors across India indulging in the frenzied buying and selling of 400,000 shares of Indian Premier League (IPL) champions Chennai Super Kings (CSK) since 21 November, Economic Times reports.

Nov 23, 2018 14:11

Rannvijay Singh invests in sports management firm

MUMBAI: Indian television actor and host Rannvijay Singh, who is also known for his passion for basketball and frequent appearances on NBA India programmes and shows, has invested Rs 10 million in Gurugram-based sports management company ‘IT Magia’, Economic Times reports.

Nov 22, 2018 15:11

ONE Championship opens sports & lifestyle fashion e-store

SINGAPORE: ONE Championship, the Singapore-based Mixed Martial Arts (MMA) competition, is bringing its vast business expertise as Asia’s largest global sports brand in history into the sportswear space. Previously, official tournament merchandise was only available to the crowds attending its live events in major cities across Asia.

Nov 22, 2018 15:11

Tata Steel Atletico Madrid’s new strategic partner in India

NEW DELHI: Tata Trusts on Wednesday joined hands with La Liga giants Atletico Madrid (ATM) to enhance and strengthen the Spanish club’s existing program for promoting Indian football, Press Trust of India reports. As part of the deal, the Tata Football Academy (TFA) in Jamshedpur is all set to be renamed as ‘Tata Atletico Football Academia’.

Nov 21, 2018 13:11

I-League wins silver at the Asian Sports Industry Awards 2018

BANGKOK: The Hero I-League won silver at the Asian Sports Industry (SPIA) 2018 Awards in the “Best Developing Football League of the Year” category nominated by the Asian Football Confederation (AFC) in the city on Tuesday. The Hero I-League is the premier league in the country and the ongoing edition is being played among 11 clubs, the champions of whom get a slot for the AFC Champions League qualifier.

Nov 19, 2018 14:11

Loss-ridden PSL teams ask PCB for greater revenue share

LAHORE: Franchises in the Pakistan Super League (PSL) have asked for a bigger share in revenues generated by the Pakistan Cricket Board (PCB) from the sale of title, media and other rights, Press Trust of India reports.

Nov 19, 2018 13:11

Zee Kushti Dangal’s Mumbai team owner reneges on payments

MUMBAI: The owner of the Mumbai franchise of the ongoing Zee Maharashtra Kushti Dangal (ZMKD), has been unable to meet the financial obligations towards his team's players and technicians, ZEEL has said in a statement.

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