News

Oct 04, 2018 14:10

Barca 1st sports franchise to breach $1bn revenue barrier

BARCELONA: FC Barcelona is the first sports club in the world to surpass the $1 billion mark in revenues.  

This was announced here by club CEO Oscar Grau, while presented the budget for the 2018/19 season.

For the 2017/18 season, which ended on June 30, FC Barcelona declared revenues of $1.05 billion (€914m).

Oct 04, 2018 13:10

Indian-origin Paraag Marathe to head USA Cricket

NEW YORK: Paraag Marathe, the Indian-origin veteran administrator of the NFL team San Francisco 49ers, has been elected unanimously as the chairman of USA Cricket till 2020. Marathe’s 18-year experience in a variety of roles for the 49ers such as being its chief contract negotiator and overseeing the construction of the new Levi’s…

Oct 04, 2018 13:10

Strauss calls it quits as director of England Cricket

LONDON: Former opening batsman Andrew Strauss will no longer be the director of England Cricket as he has put in his resignation papers with the England and Wales Cricket Board (ECB) after 3 and a half years at the helm.

Oct 04, 2018 13:10

Ferrari changes F1 livery for partner Philip Morris’ ‘Mission Winnow’ 

TOKYO: Formula 1 heavyweights Ferrari will have its cars adorning a new livery beginning with the Japanese Grand Prix which will take place during the upcoming weekend. The team has taken this step to launch ‘Mission Winnow’, a global initiative started by its 45-year-old partner, Philip Morris International (PMI) which aims to create…

Oct 04, 2018 12:10

Sports Flashes wins BCCI global audio rights

MUMBAI: Sports Flashes, India’s first online radio channel and a multi-sports app has become the official radio partner for all cricket matches globally featuring the Indian cricket team, IANS reports.

The audio rights have been secured for five years according to a statement which did not mention the financial aspects of the…

Oct 04, 2018 12:10

Delhi Dynamos finalizes Andslite as lead sponsor for ISL Season 5

NEW DELHI: Indian Super League (ISL) club Delhi Dynamos has named Andslite as its title sponsor for Season 5 of the competition. Andslite is a LED company which has provided high quality and eco-friendly products since the last 12 years across the country and aims to promote football amongst the youth through this partnership.

Oct 04, 2018 12:10

Indian online poker firm raises Rs280m Series A funding

NEW DELHI: Fast growing Indian online poker platform 9stacks has become the first company in the industry to have raised a Series A funding.

Worth Rs. 280 million, the round was led by its existing pool of investors and WaterBridge Ventures; which calls itself a ‘venture catalyst for tech entrepreneurs in the country’ having…

Oct 03, 2018 13:10

Dish TV names business head - Sports & Exclusive Content

NEW DELHI: Zee Entertainment Enterprises Limited has shifted Mukund Cairae, ZEEL's CEO - Middle East North Africa and Asia Pacific to Dish TV, where he has been designated as business Head - Sports & Exclusive Content - of the Indian media major's DTH subsidiary.  

Cairae will report in to Dish TV CEO Anil Dua.

In…

Oct 03, 2018 13:10

Spurs, New Era enter into headwear alliance

LONDON: Premier League side Tottenham Hotspur continue to attract a wide range of sponsors and partners around the world with American headwear brand, New Era coming on board recently as per a multi-year agreement.

Being the club’s official headwear licensee, New Era will provide dual-branded headwear for the Spurs’ global…

Oct 03, 2018 13:10

Cisco checks in as USGA’s new technology partner

NEW YORK: The United States Golf Association (USGA), the apex governing body of golf in the USA Monday named Cisco as its new official technology partner worldwide. The collaboration will focus on Cisco assisting in transforming fan experience at the U.S. Open and U.S. Women’s Open championships by strengthening the network throughout…