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15 August 2010  
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Sports Economics

Asian Games reducing number of events to save money
06/07/2009

The upcoming inaugural Asian Martial Arts Games will also be the last one following a decision by the Olympic Council of Asia (OCA) to merge the event with the Asian Indoor Ga...More>
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Auckland Commonwealth Games shot being assessed
06/07/2009

Taxpayers will help foot the bill for a $325,000 investigation into whether Auckland has the infrastructure to host the Commonwealth Games in 2018. The New Zealand Olympic...More>
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Real spending spree not normal, says Platini
03/07/2009

There is something "not normal" about the huge sums of money spent by clubs like Real Madrid in the transfer market, UEFA president Michel Platini was quoted as saying on Thur...More>
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London absorbs downturn, Games on track as promised
03/07/2009

The global financial crisis will in no way prevent London from hosting exactly the Olympic spectacle it promised in more affluent times, London's Games chief Sebastian Coe tol...More>
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Money laundering risk to football
01/07/2009

Football is being used as a vehicle for money laundering, according to an agency responsible for tracking the proceeds of crime. The Financial Action Task Force (FATF) repo...More>
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Costs squeeze profits at Japan's baseball teams
01/07/2009

Japanese baseball pulls in the fans, produces the players and rakes in revenue many American clubs would be proud of -- but in terms of profit they still languish in the littl...More>
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Rich Premier League worries Fifa
30/06/2009

Fifa president Sepp Blatter admits the huge amount of money being pumped into English clubs by rich foreign owners is a worrying trend. Blatter says the amount of cash in t...More>
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Diversity helps tennis flourish despite crunch
26/06/2009

Tennis will be able to ride out the credit crunch because it has a diverse pool of investments and is not reliant on a single economy for its survival, outgoing WTA chief Larr...More>
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Warnings on 2014 World Cup white elephants
25/06/2009

Brazil’s President Luiz Inancio Lula this week warned against over-spending on stadiums for the 2014 World Cup. He cautioned that facilities built for the event could strug...More>
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EU bank agrees loan for 2012 Olympic legacy
25/06/2009

The European Investment Bank confirmed a 95 million pound loan on Wednesday to help fund the purchase of athletes' flats in the London 2012 Olympics village, which will be con...More>
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LTA threatened with funding cut
25/06/2009

Sports Minister Gerry Sutcliffe has said he is "tired of excuses" and threatened British tennis with a cut in funding if results do not improve. Andy Murray and Elena Balta...More>
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Wimbledon fans turn out in record numbers despite downturn
25/06/2009

Tennis fans turned out in record numbers for the first two days of Wimbledon, their love for the sport undeterred by the global financial uncertainty that has forced many peop...More>
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£100m hole in London 2012 accounts
24/06/2009

Forensic accountants are investigating irregularities at the London Development Agency after discovering a £100 million hole in its 2012 Olympics accounts, The Times has ...More>
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Economy will affect World Cup sponsor activities
23/06/2009

The governing body of world soccer says the recession will only affect next year's World Cup in South Africa indirectly, with most of the impact being felt in sponsor activiti...More>
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Chamber of Deputies approves Rio 2016 Olympic Pact
23/06/2009

Brazil’s Federal Chamber of Deputies approved the Olympic Act, which confirms and reinforces the sixty-four guarantees from the Federal Government related to Rio de Janeiro’s ...More>
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Beijing makes $146 million from 2008 Olympics
19/06/2009

China made an operating profit of over 1 billion yuan ($146 million) from the 2008 Summer Olympics, the National Audit Office said Friday. Most Olympic host cities make mon...More>
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Vancouver council approves $22 million for Olympic Village
19/06/2009

Vancouver city council agreed Thursday to pump $22 million into the city-backed portion of the Olympic Village project in southeast False Creek. The $21,895,200 will be use...More>
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