Exclusive: Hearn Explains Leyton Orient Name Change Will Lead to Olympic Stadium

Leyton Orient chairman Barry Hearn will change the club’s name to London Orient in a bid to claim the Olympic Stadium for the East London club.

Mr Hearn, also the head of World snooker and Professional Darts Corporation, says that a ground-share with West Ham would be the best way of securing the long-term legacy of the stadium. 

He told iSportconnect exclusively that there is the opportunity for “a great advert for the London Olympics and the legacy of it.” He also argues that West Ham claiming sole-ownership would merely subsidise the clubs large debts. “We can’t go around with taxpayer’s money giving stadiums to people” he argues. 

Such a move would have to fit around the World Athletics Championships, due to be held at the stadium in 2017. Mr Hearn thinks that “the stadium’s got an awful lot of work to be done with it to make it fit for football, and I don’t know how long that work’s going to take. It should be finished before 2017, hopefully well before 2017.” 

Mr Hearn says that Leyton Orient would have to be lucky enough to rise from League One – English football’s third tier – to justify the move, but he has plans in place to boost the team’s attendances from 5,000 to 30,000 fans, including “giving tickets to the under 18s and to the armed forces” and arguing that both the club and the legacy committee “have to take a long-term view, I think we have to invest in the future”. 

The Matchroom Sport chairman also argued that the most ardent of fans may not be happy with the move, but says “we’re already in consultation with all the fan’s groups and the reaction has been quite positive.” He says that such a move could be crucial in ensuring that the club plays in the stadium, which will see its capacity reduced to accommodate the football club as a tenant.

As for the whole stadium selection issue, Mr Hearn says that the process has been “befuddled”, due to “a lot of changes in attitude throughout the entire process. The stadium wasn’t going to be designed football, then it was, but it’s a very complicated scenario, so it’s understandable”.

Barry Hearn was also on our panel for the Directors’ Club. Check it out here>>

Images online here>>

Super League Bid to Save Bradford Bulls, Club’s Debt Revealed

The Super League has attempted to secure the future of the Bradford Bulls by tabling an offer to aquire them.

The offer was submitted last night after Super League chief executive Nigel Wood, and the Super League clubs met to put together a rescue package.

Wood said: “This saga has gone on for far too long and we are of the view that direct positive action is required to safeguard the future of Bradford Bulls.
“The club has been in administration for five weeks now and during that time not one single offer without strings attached has been submitted to the administrator.
“This situation is clearly unacceptable and raises the tangible prospect that we could lose one of our most famous clubs, which would be a tragedy of significant proportions, not just to the sport and the city of Bradford but to the remaining staff, players and volunteers who all deserve some stability after the turmoil of recent events.
“It is to the credit of the Super League clubs that they have given their unanimous support to this move and are not prepared to stand idly by and see Bradford Bulls disappear.
“The time has come for strong and decisive leadership and this course of action, which is based on sound business principles, represents just that.
“Under the ownership of SLE, we can plot a course for Bradford Bulls which is in the best interests of the club, the competition and the wider game.
“If our offer is accepted, SLE will welcome approaches from all interested parties who have an interest in helping us secure a bright future for professional Rugby League in Bradford.”
Meanwhile it has been revealed Bulls are in £1.5 million in debt, the Rugby Football League’s director of licensing and standards has revealed.

Blake Solly, the Rugby Football League’s director of licensing and standards, shed more light on the financially-stricken club in a meeting with BullBuilder, the Bradford supporters trust.

In the meeting Solly said he could not guarantee the Bulls would remain in Super League for 2013 and revealed that, if the bid is accepted, the Bradford players would be free to speak to other clubs to secure their futures for next season.

A statement released by BullBuilder said: “In a constructive meeting, we established that SLE look on this as a short-term measure and are confident of attracting a long-term, unconditional bid in the near future.

“Solly could give no guarantees about the division in which the club will play next season: he commented that the debt of the club remains a concern and is estimated to be approximately £1.5m.

“However, he assured BullBuilder that the club would continue to play at Odsal for the foreseeable future.

“If the SLE bid is accepted, we understand that players will then be free to speak to other clubs to secure their future for next season.”

Open Letter from iSportconnect Founder & CEO On Second Birthday

Open Letter from iSportconnect Founder and CEO, story Sree Varma

Dear iSportconnect members, arthritis |

iSportconnect turns two years old today

I launched iSportconnect two years ago with the aim of connecting everyone within the sports business. As we celebrate our second birthday, I would like to express my delight at the progress we have made so far and thank you for your support in making this a successful community. 

Our story
I launched iSportconnect because throughout my sports business career I have always thought the industry should have a one-stop platform for all the needs of industry professionals – connecting with each other, sharing ideas, presenting opportunities and keeping up-to-date with news and trends. At the time I was a contractor for Sport+ Markt and CEO of Glitzier Sports Consultancy and I kept looking for one comprehensive resource for the sports business information I needed on a daily basis for my work. I wanted to read sports business news, I needed up to date information on new business opportunities as well as information about the companies and individuals that I was or wanted to deal with. I spoke to my business associates and it became obvious that a one stop shop for up to date news, business networking leads, jobs and market opportunities was sought after but missing. I consequently spent a year doing background research and product development before the iSportconnect website went live on the 25th of June 2010. Since I was working full-time at my other positions it started out as a moonlight kind of operation. It has been fantastic seeing it grow out of my home via a café with editorial volunteers to offices in Mayfair and now in Battersea.

The aim was to provide a platform that is complete, interesting and useful to sports business professionals. To do so, we have interviewed high-profile figures, published columns by industry experts and discussions about important issues, listed many jobs and marketplace opportunities and held successful Directors’ Club events.

We have thoroughly enjoyed connecting people over the last two years and hope that you will continue to find the site interesting and informative.

We always enjoy hearing from our members. If you have any suggestions or comments about the site, please send them to info@isportconnect.com

Thank you for your support

Sree Varma

Founder & CEO, iSportconnect.com

AB InBev Looks to Expand Sports Marketing of Budweiser After Excellent Q1 Sales

AB InBev has seen a 1.8% rise in first quarter sales thanks largely to the Budweiser brand and it’s sponsorship of the FA Cup and will look to increase marketing output of the brand.

The brewer hailed the performance of its Budweiser Draught variant in the on-trade and marketing activity around its FA Cup sponsorship for driving the brand’s performance in the three months to 31 March.

AB InBev has made raising the global profile of its flagship brand a key priority for its marketing teams. One of the ways it is hoping to drive growth is by associating the brand with shared experiences through its sponsorship of FIFA’s World Cup and marketing around the FA Cup in England.

Next month, Budweiser’s Man of the Man Match mobile campaign will let fans vote live for the official Man of the Match, for the first time ever in the competition’s history.

It is part of a wider strategy from the brewer to use social media – which makes up nearly a fifth of its advertising spend – to encourage drinkers to spend progressively more on its brands over time.

Budweiser’s global sales volumes grew 7.3% in the first quarter, while sales of its three core brands, Budweiser, Stella Artois and Beck’s rose by 4.7% in the same period.

The brewer said that it would continue to the drive growth of its flagship Budwesier brand alongside its Stella Artois and Becks beers by investing in more marketing.

Globally, the brewer reported first quarter profits of $1.7bn (£1.04bn), almost double the profit made in the same quarter in 2011. Revenue increased to $9.33bn (£5.7bn) from $9bn (£5.2bn).

Title Sponsor of Golf’s World Cup Blast Hosts China Over Lack of Interest Over Tournament

Omega, the title sponsor of golf’s World Cup, has put the tournament in doubt after they labelled host China “too immature” a market to restore the event to global standing.

Omega president Stephen Urquhart said he was unhappy with the strength of the field because only a token number of top players opted to represent their countries in the 28-nation team event.

He also said for the World Cup to become a respected tournament, it must be staged around the world like football, rugby, cricket and other sports declaring World Cup events.

“China is too immature a market to put the World Cup where it should be. It’s too early for China to support by itself a tournament on this scale,” Urquhart told reporters.

The stinging criticism is a blow for the tournament organisers, Hong Kong brothers Kenneth and Tenniel Chu and their Chinese government backers.

The Chus have poured in millions of dollars to build the five-star Mission Hills resort on Hainan Island in the belief it will become the “World Cup Headquarters’ and stage the event until 2025 when their contract ends.

The World Cup was launched in 1953 but due to golf’s crowded schedule and the event’s permanent move to China in 2007, it is no longer viewed as a “must attend” and attracts a mixed field of top stars as well as players and countries new to the sport.

Urquhart denied Omega was planning to pull out of the event it has sponsored since 2007, which now takes place every two years to fit around the Olympics following the sport’s inclusion as a Games discipline from Rio 2016.

But he said: “This is the last World Cup in this format which we are committed to… I can’t say now that… in November 2013, we will be in this place or that place.”

The Federation of Tours and European and PGA tours have been in discussion with the Chu brothers and Omega during the tournament about changing the format to make it more appealing to players, a global audience and sponsors.

“The field is better this year, but we are not happy,” Urquhart said.

Matt Kuchar and Gary Woodland on Sunday claimed the United States’ first World Cup since Tiger Woods and David Duval lifted the trophy 11 years ago, beating tournament favourites Rory McIlroy and Graeme McDowell of Ireland.

Most top players, however, opted to compete in other tournaments that clash with the $7.5 million event, or simply ignored it.

Despite claims by the organisers that up to 120,000 tickets have been sold, only modest crowds have turned out during the Nov 24-27 showcase.

“If a World Cup of golf is done properly, sold properly and packaged properly, no one would ever go and play in another tournament,” said Urquhart.

Chinese Grand Prix Fears Allayed with 7-Year Extensions

The Chinese Grand Prix will remain on the Formula One circuit after doubts over the race’s future were allayed by the signing of a seven-year extension for the Shanghai International Circuit to remain on the schedule.

The event had been cast under a cloud by a combination of poor attendances and remedial work needed to address problems with sections of the circuit, but officials were still holding out for an improved financial deal before agreeing to renew their contract.

According to the Shanghai Daily newspaper, Bernie Ecclestone’s Formula One Management, which oversees the sport’s commercial aspect, has now agreed terms with event organiser Juss Events which will ensure that the race remains a part of the calendar until 2017.

Shanghai Sports Bureau deputy director Chen Yiping admitted: “We’ve learned that high ticket prices have led to fans staying away and will try to improve the situation in the following years.”

The deal, which Shanghai vice-mayor Zhao Wen claimed was an improvement on the previous agreement, has come sooner than initially predicted, with sources suggesting that SIC’s place on the schedule may not be secured until weeks before this year’s race, owing to its homologation licence having expired.

The Shanghai circuit is due to stage its eighth Chinese Grand Prix on the weekend of 15-17 April.

Yang Yibin, manager of event organiser Juss Event, said earlier this year: “Subsidence is normal because of the soft soil in Shanghai, which the circuit was built above, plus the circuit has hosted seven F1 grands prix and other racing events of high intensity. There should be no problem, – we’ve communicated well with the FIA, our plan has been approved and the grand prix will be on time.”

BBC Award Century TV with MotoGP Broadcast Rights

BBC Sports have awarded the rights to broadcast coverage of next year’s MotoGP to Century TV.

The company, based in Northern Ireland, have announced a three-year deal to provide coverage of the MotoGP season which begins in Qatar next march and comes to a close in Valencia, Spain in November.

Rohan Browning, Managing Director, Century TV, said: “We are delighted to have secured the BBC MotoGP contract. These are very exciting times for Century TV and as our production base continues to grow with our recent expansion into Northern Ireland, it is high profile projects such as the BBC MotoGP that will help to underpin and support this process.”

Rajasthan Royals move court against BCCI

Rajasthan Royals, sacked IPL franchise confirmed that they have filed a legal petition against India’s national cricket governing body, BCCI’s decision to terminate their franchise agreement.

“We have tried to meet with the BCCI to understand the basis for the termination, which was recieved without notice. We do not understand what we have done wrong, and it is therefore our duty to the fans of the IPL, our employees, our players and our partners to pursue the matter. The matter is expected to be listed this Wednesday. We would not like to state anything further since the matter is sub judice,” the spokesperson said.

Rajasthan Royals, winners of the inaugural edition of the Indian Premier League (IPL), were expelled from the Twenty20 tournament last Sunday for alleged violations of rules, with seven years of their 10-year contract still to run.

The BCCI had said that Rajasthan violated the franchise agreement and there were irregularities in their ownership pattern.

But the club promoters deny this allegation. The BCCI had also terminated the contract of Kings XI Punjab for a similar reason.

Euroleague Basketball signs Turkish Airlines as title sponsor

Euroleague, Europe’s premier basketball league, is to be named Turkish Airlines Euroleague Basketball starting from next season.

The agreement is the first-ever title sponsorship deal for the Euroleague and will run for the next five seasons, with an option to extend it for a further five.

Euroleague CEO Jordi Bertomeu said: “We have been working for a long time to find the right title partner that could satisfy not only the economic value  of becoming a title sponsor but becoming a partner, with a commitment to the growth of basketball across the globe.”

Turkish Airlines chairman Hamdi  Topcu added: “After [striking] great partnerships with Barcelona FC and Manchester United, two of the most important football brands, it is a privilege  for us to partner with the Euroleague, one of world’s most prestigious basketball organisations  and Europe’s biggest basketball league.”

FIBA Europe Elects Turgay Demirel as President

Turgay Demirel has been named the President of FIBA Europe for the four-year period 2014-2018.

The 57 year old, illness who is current President of the Turkish Basketball Federation, drugs  was elected by the General Assembly of the member federations, herbal in Munich, Germany, on Saturday.

He prevailed over the only other candidate, Daniel Dimevski from the F.Y.R. of Macedonia, collecting 40 votes.

“This is a great honour and I want to thank all countries of Europe for putting their trust in me,” said Demirel after the result was confirmed.

Previously, in his pre-election presentation Demirel had set out the goals for his presidential term: “My aim is to help make basketball the fastest growing sport in Europe, through support of all 51 member federations, strong club competitions and the development of a new generation of stars. A strong FIBA Europe should help all federations develop young talent as this is the cornerstone for the advancement of our sport.”

Karl Thaller of Austria was elected uncontested as FIBA Europe Treasurer, as the only other candidate and outgoing Treasurer Jan Berteling of the Netherlands withdrew his candidacy on Friday.