investment

MANCHESTER: The owner of Manchester United, a key player in the failed European Super League project, has set out a vision for a "new era of dialogue and consultation with fans", including the creation of a fan advisory board and a fan share scheme.

Manchester United executive co-chairman Joe Glazer met with the club’s fans’ forum on Friday to begin discussions.

In the meeting, Glazer discussed his vision for the club in opening remarks to fan representatives, along with his intentions for investment in Old Trafford and the training ground.

Jan 29, 2021 17:01
NEW DELHI: Investment in Indian football has "increased tenfold" in the last decade, All India Football Federation general secretary Kushal Das asserted on Friday, even going so far as to say that the Beautiful Game will be the country's sport of choice in the coming years. Das also said one of the AIFF's major goals in the near future is to develop the women's game in a big way.
May 30, 2019 19:05
SAN FRANCISCO: Heading into the FIFA Women’s World Cup France 2019, Visa Thursday announced an expanded commitment to women’s soccer, leveraging the brand’s sponsorship platform to inspire women athletes amidst the global gender equality and women’s empowerment movement.
Sep 04, 2018 14:09
MADRID: La Liga club Real Valladolid has found a principal owner in former Brazilian star and World Cup winner, Ronaldo. He has bought a 51% share in the club and subsequently becomes the president of its board of directors. However, he confirmed on Monday that Carlos Suarez, the club’s current president, will retain his individual post as a part of the ownership agreement. 
Aug 08, 2018 18:08
TOKYO: Japanese Minister Shunichi Suzuki has claimed that hosting the Olympic and Paralympic Games in 2020 in the country would cost 1.35 trillion Japanese Yen ($121.7 billion), Japan Times reports. The city of Tokyo and the Organizing Committee of the Games will be contributing 600 billion Yen ($54 billion) each while the national government will be granting a subsidy of 150 billion Yen ($1.35 billion). 
Jul 31, 2018 17:07
LONDON: UK Sport, the British government-backed sports investment agency has claimed that sporting events have raised more than 130 million GBP ($176 million) since the Olympic and Paralympic Games were conducted in the capital city since in 2012. It has been exactly six years since the marquee sporting competition took place. 
Jul 25, 2018 14:07
NEW YORK: Professional eSports is expected to see continued revenue growth and investment, driven by a range of factors that have pushed the industry further into the mainstream, according to a new survey conducted by law firm Foley & Lardner LLP and The Esports Observer. 
Jul 24, 2018 11:07
MUMBAI: FidelisWorld (FW), the Mauritius-based, Asia-focused, technology, media, and entertainment fund has announced its latest sports focused investment - in Wildcraft, a Bengaluru-based pioneer and leader in outdoor gear, apparel and footwear in India.  Neither the quantum of investment made, nor the stakeholding FidelisWorld was taking in Wildcraft were disclosed. 
May 09, 2018 13:05
CALIFORNIA: The National Basketball Association (NBA) and Intel Capital on Tuesday announced a sports and entertainment technology innovation collaboration called the “NBA + Intel Capital Emerging Technology Initiative”.  The multi-year collaboration will see the two companies jointly evaluate global technology startups for potential investment and commercial collaboration.
Apr 18, 2018 17:04
KOLKATA: Online poker site PokerStars launched in India Tuesday, declaring that over the course of its first week of scheduled tournaments prize pool guarantees on offer would cross Rs 7 million.
Mar 26, 2018 18:03
LONDON: Japanese advertising giant Dentsu Inc. has confirmed plans to take an equity position in UK-based Perform Group, operator of live sports streaming portal DAZN and parent company of leading football website goal.com. No details were offered on either the amount of equity Dentsu was picking up in Perform or the financial terms of the transaction.