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.

Special Olympics Announces New Global Ambassador Elena Delle Done

Special Olympics have announced a new Global Ambassador, Elena Delle Donne.

The professional basketball player who plays for the Chicago Sky in the Women’s National Basketball Association is the latest Global Ambassador to join the Special Olympics. 

Donne will join a list of high profile and prestigious Global Ambassadors including Her Serene Highness Princess Charlene of Monaco, Nadia Comaneci, Scott Hamilton, Padraig Harrington, Yuna Kim, Yang Lan, Yang Yang, Yao Ming, Ricardo Montaner, Dikembe Mutombo, Hannah Teter, Apolo Anton Ohno, Michael Phelps, Vanessa Williams and Zhang Ziyi. 

As Global Ambassador for the Special Olympics Done’s roles will include helping people with intellectual disabilities by helping promote awareness inclusion and acceptance. 

Donne will begin her new role as Global Ambassador with a special assembly at Homewood-Flossmoor Community High School in Flossmoor, Illinois. 

Done commented on receiving her recent position: “I’m so proud to serve as a Global Ambassador for Special Olympics given their mission is so important to me…My sister Lizzie has an intellectual disability and I’ve always loved working with Special Olympics and being able to get on the court and see young people with and without intellectual disabilities passing the ball and playing together.” 

Janet Froetscher, CEO of Special Olympics International congratulated the basketball player: “Elena Delle Donne is a great addition to our Special Olympics family.  Our goal is to raise awareness about the abilities of people with intellectual disabilities.  Through sports, we showcase the skills and dignity of our athletes.  Elena is a powerful force that will help us deliver this mission around the world.  Not only is she a highly skilled athlete, but her passion for our organization shines and I know she will help us reach many more athletes.”

Cirque du Soleil to Open 2015 Pan/Parapan American Games

Canadian entertainment company Cirque du Soleil has been announced as the feature act for the 2015 Pan/Parapan American Games opening ceremony in Toronto.

The Montreal-based company will perform a one-night-only original production, complete with stagecraft, acrobatic athleticism and colourful cultural pageantry.

“Cirque du Soleil has an unmatched international reputation for staging some of the most imaginative and mesmerizing shows ever performed,” said Ian Troop, CEO of TO2015.

Cirque’s act will also showcase Ontario artists and volunteers, who organizers said will be recruited from local schools and community organizations.

“Cirque du Soleil is proud and deeply honoured to join TO2015 as a sponsor and Official Creative Partner for the Opening Ceremony of the TORONTO 2015 Pan Am Games,” said Yasmine Khalil, director of Cirque du Soleil’s events and special projects division. “We are excited to create an original production for this special occasion.”

Organizers said Cirque “personifies many of the values of the Games” with its employees representing 50 nationalities, and able to speak 25 different languages.

The Pan Am Games opening ceremonies in July 2015 will be broadcast to hundreds of millions of homes across the Americas and Caribbean.

The Pan Am Games run from July 10 to 26, 2015. The Parapan Am Games are slated for Aug. 7-14.

Bath’s New Rugby Stadium to be ‘world-class’ says Bruce Craig

Bath Rugby owner Bruce Craig has suggested that the club’s new redeveloped stadium will be “world-class” and “well worth waiting for” and could open by 2015.

The club is confident it can overcome the complex legal hurdles of upgrading its cramped and outdated 18, viagra 000 capacity ground at The Rec in the centre of the historic city.

Owner Bruce Craig told the Bath Chronicle: “The current rugby ground, anabolics especially the West Stand by the river, herbal does not do justice to the city or the rugby club and we are really keen to improve it for everyone. We want to provide a world-class facility and buildings that the city and club can be proud of, are appropriate and add to the beauty and splendour of Bath.

“It is a tough challenge but it is critical that we get it right,” he added. “What we do needs to complement this unique and historic setting, and is for everyone in Bath, both now and for future generations.”

Bath Rugby are proposing a lease swap deal that will see the club’s one-time training ground at Lambridge come under public ownership in return for a larger slice of The Rec so their stadium plans can be realised. However due to the unique charitable status of The Rec, the Charity Commission will need to make a ruling on the offer in April.

Exclusive: HSBC Not Looking to Sponsor Ryder Cup Anytime Soon

Giles Morgan, Head of Sponsorship at HSBC has revealed they have no interest in adding the Ryder Cup to their golf sponsorship roster in the future.

Morgan suggests HSBC are more interested in events where their brand can dominate like current sponsored events the HSBC Champions, HSBC Women’s Champions, Abu Dhabi HSBC World Championship and they are also official patrons of the Open Championship.

When asked by iSportconnect whether they are looking to sponsor the event, he said: “We have no plans to, the Ryder Cup is a wonderful event, but in golf we prefer to be involved in events that we can dominate with our branding and experience.

“It’s a wonderful event and I’m going to be lucky enough to be going but I don’t see us sponsoring the Ryder Cup anytime soon.”

Keep logging into iSportconnect to read Giles Morgan’s full interview which will be published next week.