Finance Archives

European Commission challenging use of EU funds for Italian stadium projects

The Mayor of Florence, Dario Nardella, has hit out after it emerged that the European Commission is challenging the Italian Government’s proposed usage of money from the bloc’s COVID-19 recovery fund for the redevelopment of the Stadio Artemio Franchi, along with stadium and arena projects planned for Venice.

West Ham ‘open to buying’ London Stadium

Premier League football club West Ham United is reportedly open to the possibility of buying London Stadium, its home venue since 2016.

Swindon Town completes County Ground purchase

Swindon Town has completed the purchase of the County Ground as part of a joint venture that will see the League Two club and its supporters assume full ownership of the stadium.

Oldham buys back Boundary Park

English National League football club Oldham Athletic has completed the purchase of its Boundary Park stadium.

PSG ‘to pursue’ Stade de France, racecourse site targeted

Paris Saint-Germain will participate in a new tender process to determine the future of the Stade de France, according to multiple reports, while the Ligue 1 football club is also said to be in talks over potentially developing a new stadium on the site of Saint-Cloud Racecourse.

A$360m in Tasmanian team funding requires new stadium – AFL chief

The Australian Football League has pledged to spend A$360m on a Tasmanian team, but has maintained that funding for a 19th franchise is dependent on a new stadium being developed.

Scunthorpe launches Glanford Park fan ownership scheme

English National League football club Scunthorpe United has launched a new Lifetime 1899 Membership scheme, which will give fans the chance to hold a share in its Glanford Park stadium.

Everton counters stadium cost talk

Everton has maintained the cost of its new stadium remains steady, addressing recent comments from the English Premier League football club’s owner, Farhad Moshiri, that the project will come with a £760m price tag.

State, federal governments agree A$7bn Brisbane 2032 venue plan

The Australian and Queensland Governments have unveiled a A$7bn funding agreement to overhaul the state’s sporting infrastructure ahead of the 2032 Olympic and Paralympic Games in Brisbane, focusing on redevelopment of The Gabba and construction of the new Brisbane Live arena.

Charlton owner ‘exits deal’ to acquire The Valley

Thomas Sandgaard, owner of Charlton Athletic, has backed out of a £17m deal to acquire the English League One football club’s stadium, according to Football Insider.

MSG Sports to invest $10m in security tech firm Xtract One

Madison Square Garden Sports, which manages the NBA’s New York Knicks and the NHL’s New York Rangers, has announced plans to invest up to $10m (£8.2m/€9.3m) in security technology company Xtract One Technologies.

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Five US venues to host ICC T20 World Cup 2024 games

Wrexham reveals designs for new Kop stand

Fulham delays full opening of new Riverside Stand

Arsenal confirms plans to renovate Emirates Stadium

The O2 unveils premium brand Encore

Dinamo Zagreb unveils plans for new €60m stadium

The big trends in sports marketing for 2023

NBA set for return to Accor Arena in 2023

State Farm Stadium fitted with new Daktronics display ahead of Super Bowl

Rangers reveal Ibrox upgrade plans

EngageRM’s omnichannel platform proving a hit with the Milwaukee Bucks

Winners unveiled at TheStadiumBusiness Design & Development Awards 2022

Category: Finance