Here’s what’s going on in the soccer industry this morning…
- Germany’s Bundesliga on Thursday posted a record turnover of 3.24 billion euros ($3.47 billion) for the 2015/16 season, up by almost 24 percent compared to a year earlier thanks to a rise in media and advertising revenues as well as transfer cash.
- Brazil’s Maracana stadium, which hosted the 2014 World Cup final and the opening and closing ceremonies of the 2016 Olympics, was plunged into darkness on Thursday after the electricity was cut off due to unpaid bills.
- A former property banker, Briton Alex Jarvis, said he fell into China’s soccer boom with a chance encounter in the first class lounge of a cruise liner bound for New York in 2011.
- A recent investment in Chinese soccer team Beijing Guoan pegs the value of the club at more than $800 million, putting it on par with some of the best teams in the West, including seven-time European champion AC Milan.
- As online video continues to grow in popularity, Matt McKiernan of StreamAMG explores how clubs can make the most of the commercial opportunities it affords.
- Football officials in Shanghai have denied that either of the city’s Chinese Super League (CSL) clubs has made a bid for Wayne Rooney.
- Darmstadt will not allow holding midfielder Florian Jungwirth a move to MLS should the club not be able to get a “like-for-like alternative,” coach Torsten Frings has said.
- Broadcaster Deutsche Telekom has secured the rights to show all third-tier German men’s soccer matches and top-tier women’s games.