Global Business of Soccer Recap

 

D.C. United Announces Stadium Plans for Buzzard Point (Business of Soccer)

D.C. United released plans for a soccer-specific stadium this morning. The agreement includes a public-private partnership for a 20,000 to 25,000 seat stadium in Southwest Washington, D.C. within the Buzzard Point area. The club expects the stadium construction to be completed in advance of the 2016 Major League Soccer season.

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City Says ‘Game On’ With EA Sports Extension (Soccerex)

English Premier League club Manchester City has agreed a three-year extension to its partnership with video games company Electronic Arts. The deal retains EA Sports as the club’s official gaming partner, a role it has fulfilled over the past two seasons.

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BSkyB Sales Beat Estimates As Ways to Watch TV Expand (Bloomberg)

British Sky Broadcasting Group Plc (BSY), the U.K.’s largest pay-TV broadcaster, unveiled a box to link televisions to the Internet and said it will buy back 500 million pounds ($770 million) of shares as full-year sales grew.

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Chelsea, Liverpool Skeptical of UEFA’s Financial Fair Play Enforcement (Business of Soccer)

Chelsea and Liverpool club executives voiced concerns about UEFA’s ability to enforce Financial Fair Play (FFP) regulations moving forward. Club spending for high profile players has ramped up during this year’s transfer window, and the dollar amounts are skyrocketing.

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Liverpool Deposits Standard Chartered Extension (Soccerex)

English Premier League club Liverpool has agreed a two-year extension to its shirt sponsorship deal with Standard Chartered Bank. The bank signed up as the club’s main sponsor in July 2010, appearing on the front of Liverpool’s shirts for the last three seasons. The partnership is extended to run until at least the end of the 2015-16 campaign.

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Puma Results Deepen Challenge for New CEO (Reuters)

German sports apparel group Puma SE (PUMG.DE), hoping to revive its fortunes under a new chief executive, reported a second quarter of falling sales and profits on Wednesday and said the rest of the year looked challenging. Puma, 83 percent controlled by French luxury goods group Kering (PRTP.PA), has fallen behind rivals such as Nike (NKE.N) and Adidas (ADSGn.DE) in the market for soccer gear and running shoes after spending years focusing on its fashion products.

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FIFA Details Ticket Pricing for Brazil’s World Cup (Soccerex)

FIFA has revealed details of ticket pricing for the 2014 World Cup in Brazil, with Friday’s announcement coming more than a fortnight later than originally scheduled. FIFA had been due to reveal its strategy for World Cup ticket pricing at the beginning of the month, but delayed the process for logistical reasons maintaining that the decision was not related to additional worries over cost issues in the wake of tensions surrounding the Confederations Cup.

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State of The Game: Potential Gold Cup Formatting Impact (Business of Soccer)

wo years ago in this tournament, Freddy Adu’s name found itself back on the lips of commentators and fans alike and not surprisingly the final showdown was between the two CONCACAF powerhouses and the two teams with the most Gold Cup championships, Mexico and the United States.  Beyond crowning a regional champion, that tournament was the big one because between the two biannual tournaments that occur between World Cups, the 2011 Gold Cup was the one that qualified for the Confederations Cup.

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Cardiff Settles Debt Issue (Soccerex)

English Premier League newcomer Cardiff City has announced it has reached an “amicable resolution” with creditors Langston Corporation over the club’s long-standing debt. The Press Association Sport news agency reports the debt to Swiss-based financial company Langston, of whom the Welsh club’s former owner Sam Hammam is a representative, was taken out in 2004 and was believed to be worth £24 million.

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Brandi Chastain Discusses Importance of Capital One Cup (Business of Soccer)

For a long time collegiate athletics was limited to celebrating the successes of individual sports teams, like Indiana University Men’s Soccer or University of Alabama Football, for their on field accomplishments. In 2010 that all changed when the Capital One Cup entered the scene, and added yet another competitive element to collegiate sports. Athletes now not only competed with their teams in their respective sports, but also as one unified university or college team in the race to be crowned the champion of the Capital One Cup.

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Reporting on the business side of the world's game.