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European Sports Industry News

Latest European Sports Industry News
London 2012 costs not 'realistic'
The head of the Paris bid team for the 2012 Olympics believes London's budget problems stem from false promises made during the bidding process.

Last week Olympics minister Tessa Jowell caused alarm when she admitted the Government would not have bid if it had known a recession was coming.

This did not surprise ex-Paris 2012 boss Philippe Baudillon as he always felt London had talked down costs.

"Paris's bid was much, much more precise," said Baudillon.

"London underestimated a lot of costs and we can now see the real costs were much higher than they wer...  More >
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Tennis chief handed 2018 bid role

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Sochi 2014 Games security up to Russia, says IOC

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Australia Cuts Bonuses to Olympic Coaches for London 2012 Games

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Juve to put fans first in new 40,000 seater stadium

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2010 Tour de France to start in Rotterdam

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UEFA renews Ukraine media rights with Poverkhnost

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Lack of facilities forces FIS to drop Grand Finals

 
Other European Sports Industry News
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Cashless Payment huge success at Ricoh Arena
21/11/2008

Britain’s first sports stadium to introduce a fully-integrated cashless payment system has this week reported a substantial increase in revenues and a substantial fall in queu...More>
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One Week to ITU Elections & Congress
21/11/2008

Just one week until ITU's Federation Forum kicks off in Madrid, Spain. The 2-day forum includes sessions on Marketing, Media & Television, Events and Sport Development. It w...More>
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Ukraine government dissolves Euro 2012 agency
20/11/2008

Ukraine’s government is dissolving an agency overseeing preparations for Euro 2012 after European football body UEFA complained that it was inefficient, deputy Prime Minister ...More>
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2012 basketball venue to remain
20/11/2008

Olympic bosses have opted not to move the 2012 basketball and equestrian events, but may move badminton, handball and rhythmic gymnastics. London 2012 organisers decided o...More>
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Credit crisis hits Spain as clubs tumble into the red
20/11/2008

Spain may boast the world's top-ranked national team and richest club but the soccer obsessed nation is sliding towards its first recession in 15 years with many small and mid...More>
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Olympic Sponsor Search for London 2012 Hit by Financial Crisis
20/11/2008

The International Olympic Committee has lost another sponsor and is struggling to find replacements because of the financial crisis. Johnson & Johnson, the world's largest...More>
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LTA plans to sell back its stake in home of Wimbledon
20/11/2008

Britain's Lawn Tennis Association (LTA) plans to sell back its 50 percent stake in the site of the Wimbledon championships to The All England Club (AELTC), the organisations s...More>
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RFU announces £1.5m profit in Rugby World Cup year
20/11/2008

The RFU has recorded a profit after tax in a Rugby World Cup year for the first time. The Union’s financial results for the year ending 30th June 2008 released on Wednesday...More>
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Georgia Wants Sochi 2014 Moved, Salzburg Steps In
20/11/2008

Trend News reports the National Olympic Committee of Georgia and Georgian Olympians have asked the International Olympic Committee to shift the Sochi 2014 Winter Games to anot...More>
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Barclays May Seek Sports Sponsorship Bargains as Prices Fall
20/11/2008

Sports sponsorships may be getting cheaper because of the global recession, alerting at least one bank to bargains. Barclays Plc, which backs English Premier League soccer...More>
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Cartier to sculpt Champions League T20 trophy
20/11/2008

The organisers of the upcoming Champions League T20 have commissioned French jeweller and luxury brand Cartier to create the trophy for the winners of the tournament to be pla...More>
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Polar named official FIS Timing Partner for Cross-Country Skiing and Heart Rate Training Partner for Nordic Combined
20/11/2008

FIS and Polar Electro Oy, the pioneer and leader of heart rate training systems, have announced a new cooperation whereby Polar will become the ”Official FIS Timing Partner fo...More>
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2016 Bid Cities Attend EOC General Assembly In Istanbul
20/11/2008

Tuesday a delegation from Chicago 2016 traveled to Istanbul Turkey to present Chicago's bid at the European Olympic Committees (EOC) General Assembly taking place November 20 ...More>
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Report tips credit crunch to hit small sports
19/11/2008

Sport is facing a winter of discontent like no other, with the most poverty-stricken about to feel the full chilling blast of the credit crunch. A report launched last night g...More>
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