Golf Sponsors Rolex & Omega Square Off at Ryder Cup

The Ryder Cup began today, but it wasn’t the only battle commencing in Chicago.

Swiss watch manufacturers Rolex and Omega have re-established a feud following Omega ending PGA of America’s 17-year sponsorship with Rolex by signing a five-year deal.

It was “a major coup” for Omega. Rolex had “practically owned the golf market until this deal came along,” and the tension between the two companies escalated to the point this summer that Greg Norman was banned from a Ryder Cup press conference and kept from playing the Senior British Open pro-am.

Omega’s deal with the PGA of America, which goes through 2016, gives the company marketing rights at the PGA Championship and the Ryder Cup.

However, it gets only the Ryder Cup in America as The European Tour, which has joint ownership of the Ryder Cup and negotiates its own marketing deals, has a longtime relationship with Rolex.

The PGA of America runs the Ryder Cup this year, meaning Rolex is not allowed any presence at Medinah Country Club in the Chicago suburbs. 

Time Warner Cable Launches New Victor Cruz Partnership with TV Ad

Time Warner Cable continues to enjoy its recently announced partnership with Victor Cruz, tadalafil #80 wide receiver, buy by presenting ‘Ball Machine,’ a TV spot debuting today across Time Warner Cable’s footprint. The spot features Cruz and playfully delivers the message that with Time Warner Cable video and Internet, he can enjoy his favorite shows and content, anywhere and anytime he wants.

Starting today, viewers can see how Cruz catches a number of his devices thrown by a ball machine — his smartphone, his tablet, his PC and even his 60 inch TV. The commercial serves as a fun way of showing the variety of devices customers can use to watch their favorite shows, just like Cruz.

Time Warner Cable’s “Enjoy Sports Better” partnership with Cruz also encompasses online media including: Time Warner Cable’s YouTube channel, Twitter and English and Spanish Facebook pages, www.facebook.com/twc and www.facebook.com/micultura where fans will see the recently launched “Enjoy Sports Better” tab giving fans the opportunity to engage more deeply with the sports that they love.

Silverstone Circuit On the Hunt for Investors

The British Racing Drivers’ Club, which owns the Silverstone circuit,  is looking to hunt for investors as it bids to realise its ambitious plans for the future.

With the circuit having secured a long-term deal for the British Grand Prix, the BRDC now wants to ramp up development of its 760-acre site to turn it into a leisure and business complex.

An exclusive agreement reached with one potential group of investors, believed to be from Qatar, is due to come to an end soon without a deal having been concluded yet – and the BRDC has made it clear that it will soon be open to beginning talks with other interested parties.

BRDC chairman Stuart Rolt said: “The commercial potential of Silverstone and the estate is significant and we are seeking external investment, from third parties who share our vision, to help us realise that potential more quickly.

“While progress has, and is, being made with our original preferred partner, negotiations have not yet developed into an agreement. As the period of exclusivity has come to a close we are now speaking to other potential investors.”

Rolt added that even if Silverstone was unsuccessful in attracting investors, the BRDC still had the resources available to keep improving the venue.

“If we cannot find a suitable partner, we shall continue with the development ourselves, albeit at a slower pace,” he explained.

Formula One Teams End Boycott Speculation for Indian Grand Prix

Formula One Teams potential boycott of the Indian Grand Prix have been put on hold after race organisers offered to pay the bill for any customs duties and taxes arising from local legislation.

Martin Whitmarsh, the McLaren team principal who chairs the Formula One Teams’ Association, expressed concerns over the situation at the Italian Grand Prix last weekend. He told the BBC: “The teams are concerned about the implications of withholding tax in India and being taxed locally. You don’t go somewhere if you’re going to be penalised.”

Jaypee Sports International, the organisers of the race, have offered to cover costs which it estimates will reach around £1 million if customs duty is demanded on the temporary import of Formula One equipment – a possibility, given that the Indian government does not class Formula One as a sport.

Sameer Gaur, the company’s chief executive, in a statement: “JPSI has full support from the government, the sports ministry and the customs department for the F1 event scheduled for October this year. We have an in-principle approval from the customs department for creating a customs bonded area for F1 equipment that will be temporarily imported to India. If required, as per the law of the land, JPSI will pay customs duties and taxes etc. for the temporary import of equipment.”

NBA’s Philadelphia 76ers To Be Sold

The owner of the Philadelphia 76ers, Comcast-Spectacor, has agreed to sell the National Basketball Association (NBA) team to a group led by Joshua Harris, the co-founder of Apollo Global Management LLC.

Financial terms have not been disclosed, but it is expected that Harris will pay about US$280m.

Hariis said in a statement: “As a basketball fan who attended college in Philadelphia, and with family roots here, I have always felt a strong connection to this city and the 76ers. We look forward to helping the 76ers organization build on this past season’s accomplishments.”

Harris co-founded Apollo Management in 1990. Shares in the company have dropped 14 percent to US$16.39 since they were offered to investors at US$19 each in March, valuing the private-equity firm at US$5.93 billion.

Comcast-Spectacor said a month ago that it was exploring a sale of the 76ers. The agreement does not include the Wells Fargo Center or the National Hockey League’s Philadelphia Flyers, which Comcast-Spectacor will retain.

The seller’s statement said that the 76ers “will remain a long-term tenant of the Wells Fargo Center and will have a long-term cable broadcast agreement for its games with Comcast SportsNet Philadelphia.”

Comcast is the biggest U.S. cable television operator and bought a controlling interest in NBC Universal from General Electric in January.

ICC Perform U-Turn on Controversial World Cup Plans

Cricket minnows will be allowed to participate in future editions of the Cricket World Cup after the International Cricket Council (ICC) performed a U-turn on its controversial plans to reduce the size of the tournament from 14 teams to 10. The U-turn means four non-Test playing nations can qualify to participate in the next tournament.

The ICC had originally planned to reduce the number of participants to 10 “full member” nations, excluding “associates” such as Ireland, the Netherlands, Canada and Kenya, which all took part in the 14-team Cricket World Cup earlier this year, which was criticised for being too long, running from February 19 to April 2, prompting the original decision to reduce participants to 10. The ICC agreed to review its proposal after complaints from the lower-ranked nations.

The ICC, after its annual conference in Hong Kong, confirmed that four associate members will now take part in the tournament after a qualifying process.

A statement from the world’s top cricket body said: “The ICC executive board today reversed its previous decisions and approved a 14-team format for the ICC Cricket World Cup 2015 to be held in Australia and New Zealand and a 12-team format for the ICC World Twenty20 events in 2012 (Sri Lanka) and 2014 (Bangladesh).”

The ICC also announced the 2019 World Cup would be a 10-team event, with the top eight places going to the top-ranked teams and two berths being awarded in a pre-qualifying tournament.

Cricket Ireland CEO Warren Deutrom said: “I suppose the immediate reaction is one of relief, and that we can all now divert our energies in the significantly more proactive pursuit of trying to qualify.”

The board also approved a recommendation made by its chief executives’ committee on Monday to make the controversial Umpire Decision Review System (DRS) mandatory in all Tests and one-day matches. Hot Spot, the “thermal imaging” technology now available and made mandatory in the DRS, will mostly be used for close catches and edges.

Another Commonwealth Games official arrested

India’s top investigating agency has arrested a top 2010 Delhi Commonwealth Games official for alleged financial irregularities.

Treasurer M Jayachandran is accused of forgery and cheating over the awarding of Games contracts, a charge he denies.

He is the third Games official to be arrested over similar charges. All were suspended from their posts in August.

Earlier this month, Suresh Kalmadi, the Games organising committee chief, quit his post in the Congress party.

He has been under investigation over claims of corruption at October’s sporting spectacular, and also denies any wrongdoing.

In August, Mr Jayachandran’s predecessor, Anil Khanna, quit after claims an Australian firm won the contract to lay tennis courts for the Games because his son headed its Indian arm.

Manchester United COO Michael Bolingbroke Unveiled as Inter Milan’s New Chief

Inter Milan have announced today the appointment of Michael Bolingbroke as the new Chief Executive Officer of the Serie A club.

Bolingbroke, 48, will join Inter in August after having completed his stint as Chief Operating Officer for the English Premier League side Manchester United.

“I am very excited to bring a leader of Michael’s expertise and stature to our club,” said Inter President Thohir. “Michael has my complete faith, trust and confidence. He is the perfect person to execute the vision shared by the Moratti family and myself of Inter as a truly global brand. I look forward to working with him as we build a foundation for future success.”

His focus will include implementing best practices in the industry, increasing the reach and depth of penetration of the Inter brand globally, and improving engagement with fans. Bolingbroke joins the strong management team at Inter that includes Managing Director Marco Fassone, Vice President Angelomario Moratti and Vice President Javier Zanetti, together with Michael Williamson, Piero Ausilio and Giorgio Ricci.

“I’m absolutely delighted to be offered this opportunity”, said Bolingbroke. “Inter is one of the strongest brands in football with a heritage to match. I can’t wait to get started and look forward to working alongside the management team in place.”

At Manchester United, Bolingbroke was responsible for ticketing, hospitality, match and non-matchday operations, club secretarial functions, property management and corporate services including finance, human resources, legal and information technology. He was also a board member of MUTV, the club’s TV channel, and a trustee on the Board of the Club’s Pension Fund.

In addition, Bolingbroke was on the Board of Manchester United Limited’s joint venture partnership with Nike.

Prior to joining Manchester United, Bolingbroke was the Senior Vice President, Shows at Cirque du Soleil, where he worked from 2001 to 2007 managing the strategy, profitability and operations of the Company’s global business comprising fixed and touring shows.

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NCR Corporation Deploy Venue Management System at Adelaide Oval

The NCR Corporation has agreed a partnership with the Adelaide Oval to deploy their NCR Venue Management solution at the ground as part of the iconic stadium’s major redevelopment project.

The new look Adelaide Oval, discount with a capacity of 53, order 500, order includes over 70 percent undercover seating and features a modernized landscape that provides significantly upgraded facilities to host major sporting events, concerts and more.

In a move to better engage fans at the stadium, the Adelaide Oval Stadium Management Authority has partnered with NCR to provide a host of innovative venue management solutions to better serve the extensive food and beverage restaurants, corporate boxes and concession stands at the stadium that will reduce queues and allow fans to get their food and beverages quicker.

“Australian sports and music fans want their stadium experience to be enjoyable and hassle-free. NCR’s vast experience in venue management around the world made it easy for us to select them to help us deliver an unparalleled level of service and to make the fan experience at this world-class stadium exceptional,” said Adelaide Oval SMA CEO, Andrew Daniels.

“The adoption of modern NCR technology allows us to accurately report, analyze and forecast sales, helping us to reduce waste and control costs,” added Daniels.

“Adelaide Oval is an iconic landmark not only in Australia but around the world too, we are proud to be part of this transformational story as the stadium unfolds into a new era,” said Nick Wagnitz, NCR general manager – Hospitality & Stadiums / Arenas. “Fans and patrons can look forward to seeing more of any game or event at the Adelaide Oval as it delivers a world class stadium experience.”

As part of the agreement NCR will also deploy NCR Vital – a smartphone application that provides real-time business information on critical assets including sales, inventory and allow venue operators to connect with their employees and actively manage social networking platforms.

Krakow Reveals 2022 Winter Olympics Bid Logo

After submitting their bid documents for the 2022 Winter Olympics, Krakow have revealed today their bid logo.

The design incorporates both folk and urban elements, as events for the 2022 Winter Olympic Games are to be divided between Krakow and the Tatra Mountains of Poland and Slovakia.

The logo is in Krakow’s official colours of blue and white, and the main motif is the so-called parzenica, a ubiquitous folk symbol from the Polish highlands.

“It is a simple sign that, on the one hand, symbolises our history and our uniqueness, but on the other is also very universal”, said Magdalena Sroka, Deputy Mayor of Kraków.

In the centre of the design there is a square which symbolizes Krakow’s Main Market Square. Krakow’s mayor said, “if Krakow hosts the Winter Olympics,, then the medal ceremonies will be on the Main Market Square”.

Krakow has invested 80,000 zloty (18,950 euro) on the logo.

Krakow, along with Almaty Kazakhstan, Beijing China, Lviv Ukraine ans Oslo Norway submitted applications to the International Olympic Committee (IOC) last week.  

The IOC will choose a shortlist in July and declare a winner in July 2015.