Wagering slowly a rage in US, Europe stadia

Sports betting more and more popular

Sports betting is becoming more and more popular with stadiums and sporting clubs in the US and Europe as well. The latest to jump on the bandwagon is the Washington Nationals Major League Baseball (MLB) team which has entered into a partnership with the sports betting and gaming company BetMGM,... » Read more

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FC St. Pauli out-of-box financing model

Members to gain majority ownership of the Millerntor-Stadion operating company

The Football Cooperative Sankt Pauli 2024 (FCSP) has just about reached its target. Following the subscription phase which ran from mid-November to the end of March the FCSP Cooperative has 22,623 Members owning shares worth a total of 29,178.800 euro who will now assume ownership of the Millerntor... » Read more

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Jakarta venue shine in all splendors

Jakarta Intl Stadium opened

The Jakarta International Stadium (Indonesia) opened its doors for staging the International Youth Championship (IYC) 2022 on April 13th, 2022. The stadium with a capacity to hold 82,000 spectators holds a lot of allure. The ‘World Today News’ stated that the International Youth Championship... » Read more

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COVID leaves Borussia Dortmund bleeding white

Borussia Dortmund financial loss

COVID-19 has left Bundesliga club Borussia Dortmund bleeding white as is the case with most sporting entities. The club finished the 2020-2021 financial years with huge revenue losses suffered due to the coronavirus pandemic. ‘dpa’ stated that the preliminary figures of the club, a publicly... » Read more

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FC Bayern Basketball ‘ride’ high with BMW deal

FC Bayern Basketball naming rights

The FC Bayern München Basketball players are now playing and training in the BMW Park – the new name of the Rudi Sedlmayer Hall in Munich, Germany, which was built for the 1972 Olympic basketball tournament. ‘FC Bayern Basketball’ stated that the new name is part of the comprehensive... » Read more

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San Siro renovation plans outlined

Another San Siro idea

Plans for the redevelopment of the San Siro stadium have been presented by authorities in Milan, Italy. Nova News said the plans involve both the construction of new buildings and infrastructure and the renovation of the existing stadium, with the creation of a “fourth ring” as the... » Read more

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Porto stadium upgrades get €65m boost

FC Porto secures investment for improving stadium operations

Madrid-based investment company Ithaka has invested €65 million in Portugal’s Porto Football Club, which will splash the cash on improvements to its Estádio do Dragão. Essential Business said Ithaka has investment experience in sports and sports infrastructure projects in Europe. FC Porto... » Read more

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