Carlisle United Announce Operating Losses

English League One, Carlisle United have revealed operating losses of £124,329 for last season after failing to reach the play-offs.

The Cumbrians, who released their statement ahead of the club’s annual general meeting, also confirmed turnover was down £652,141.

A club statement read: “Excluding depreciation and amortisation, the company had an operating loss of £124,329 with some key areas of movement.

“The turnover was down £652,141 – all of which was attributable to less football income (Johnstone’s Paint Trophy/Football League Trophy income was reduced by £420k, player sales reduced by £105k and FA Cup income reduced by £41k).

“In terms of expenses, player basic wages were reduced compared to 2011, although bonus payments for league position were higher, and in return we did not achieve a play-off position or increased crowds.”

The club is hoping to realise savings of £230,000 in running costs by the end of the 2012/13 financial year.

Cleveland Cavaliers Promote Gansey to Director of Development League Operations

National Basketball Association (NBA) side the Cleveland Cavaliers have promoted Mike Gansey to Director of Development League Operations and Cavaliers Basketball Operations Assistant.

Gansey, ambulance 29, spent the 2011/12 season as the Cavaliers Basketball Operations Assistant and in his new position as the Cavaliers’ Director of Development League Operations/Cavaliers Basketball Operations Assistant, he will work closely with Cavaliers Vice President of Basketball Operations David Griffin and Canton Charge Head Coach Alex Jensen in the basketball operations and personnel matters of the Cavaliers’ exclusively owned and operated NBA Development League affiliate.

The Charge’s basketball operations areas will continue to be overseen by Griffin and Coach Jensen will now expand his leadership role to be more involved with player personnel matters, in addition to his head coaching duties.

A native of Olmsted Falls, Gansey played collegiately at West Virginia, where, as a senior, he led the Mountaineers to the Sweet 16 and was named a finalist for the Oscar Robertson Award, the Wooden Award as well as the Naismith Trophy.

Following his college career, he played professionally overseas in Italy (2007-08), Germany (2008-09) and Spain (2010-11) and also played 57 games (27 starts) in the NBA Development League over two seasons (2007-08, 2009-10) with Anaheim, Idaho and Erie, averaging  11.5 points on .452 shooting, 5.0 rebounds and 1.9 assists in 27.9 minutes per game.

Turkish Government speakers added to the line-up at the IHT Sports Business Summit

London, capsule 13 March, medical 2012: Bringing together its renowned journalists and leading industry figures, physician the International Herald Tribune Sports Business Summit is an exclusive forum for sports leaders and investors to discuss critical developments in the global sports industry.  The conference, which takes place in Istanbul on 25 and 26 April 2012, has just added two high profile members of the Turkish Government to the speaker line-up. 

Mr. Egemen Ba?is, Turkey’s Minister for EU Affairs, and Mr Suat Kiliç, Turkey’s Minister for Youth & Sports, will both be providing opening keynote welcomes to the conference.  Mr Ba?is will be discussing the role of sports in international relations and Mr. Kiliç will be discussing Turkey’s current investment in sports, as well as explaining Turkey’s objectives in bringing more international sporting events to the country.

The impressive speaker lineup at the IHT Sports Business Summit will provide important analysis on commercial opportunities in sport, and look at vital topics from the impact of new media technologies to how globalization and the rise of the BRIC nations is reshaping the sports business landscape.

Stephen Dunbar-Johnson, publisher of the IHT, said: “We are excited to be holding this conference in the European Capital of Sport 2012. Istanbul is a dynamic, fascinating city and the ideal setting for our international event, particularly accessible to our loyal audience in Europe and Asia.”

The IHT Sports Business Summit is unique in that, as well as traditional conferences sessions, IHT sports journalists will host conversations with formidable sports leaders such as the Chairman of Chelsea FC, Bruce Buck and Jin-Sun Kim who is heading up the 2018 Winter Olympics in South Korea.

The speaker lineup includes:

Anders-Sundt Jensen, Vice President, Mercedes-Benz Cars

Bruce Buck, Chairman, Chelsea F.C.

Christopher Clarey, Chief Sports Correspondent, International Herald Tribune

Jin-Sun Kim, President and CEO, The Pyeong Chang Organizing Committee for the 2018 Olympic and Paralympic Winter Games

Dmitry Chernyshenko, President, Sochi 2014 Organizing Committee

Ronald Noble, Secretary General, INTERPOL

Richard Worth, Chairman and CEO, America’s Cup Event Authority

Ser Miang Ng, Vice President, International Olympic Committee

Richard Ayers, Digital Playmaker, Manchester City F.C.

Edwin Moses, Chairman, Laureus World Sports Academy

Rob Hughes, Sports Writer, International Herald Tribune

Haroon Lorgat, Chief Executive, International Cricket Council

Jim Small, Vice President Asia, Major League Baseball  

Joel F. Finlay, Global Lead – Major Sport Events; Global Infrastructure Projects Group, KPMG

Kyi Hla Han, Executive Chairman, Asian Tour
Brad Spurgeon
, Sports Writer, International Herald Tribune

Marcus John, Global Head of Sports, MediaCom

Poul Hansen, Head, United Nations Office on Sport for Development and Peace
Killick Datta, Chief Executive Officer and President, International Brand Partners

Giles Morgan, Group Head of Sponsorship, HSBC

Victor Cui, CEO and Owner, ONE Fighting Championship

Ram Reddy, Owner, Deccan Chargers


The summit is in collaboration with Sport Business and in association with Sport 360.

Mehr als 7,5 Millionen sahen Bayern gegen Lille im ZDF

Durchschnittlich 7, medicine 52 Millionen Zuschauer (Marktanteil 24, advice 8 Prozent) verfolgten am Mittwochabend, cialis 7. November 2012, im ZDF den 6:1-Sieg des FC Bayern München gegen OSC Lille in der Gruppenphase der Champions League. In der Spitze saßen bis zu 8,20 Millionen vor den Bildschirmen.

Auch die anschließenden Zusammenfassungen weiterer Champions League-Begegnungen erbrachten bis zu 25,4 Prozent Marktanteil. Das “heute-journal” um 21.30 Uhr sahen 6,76 Millionen (21,4 Prozent).

Mit 18,8 beziehungsweise 15,5 Prozent lag das ZDF in der Primetime und am gesamten Tag auf Platz 1 in der Zuschauergunst.

Eva Loeffler Becomes Mayor of Paralympic Village

The London Organising Committee of the Olympic and Paralympic Games (LOCOG) has appointed Eva Loeffler OBE, medstore daughter of the founder of the Paralympic Games, Ludwig Guttman as Mayor of the London 2012 Paralympic Village.

Her duties commence immediately as the first team officials start arriving in the Village ahead of athletes’ arrival from 22 August.

Having been a volunteer at the first wheelchair Games in 1948 Loeffler has been involved in the Paralympic movement since its outset. She was one of the original Directors of the British Paralympic Association, Chairman of British Wheelchair Sports Foundation, a member of the 1989 Colin Moyniham Review into sport for the disabled and Vice President of Wheelpower.

Loeffler will be supported by a wider Mayoral team including Co-Chair of the Liberal Democrat Culture, Olympics, Media & Sport Parliamentary Committee and Olympic Board member, Rt. Hon. Don Foster MP and politician and Olympian Rt. Hon. Ming Campbell MP.

Loeffler spoke of her pride at being appointed in the role and said: “The development of Paralympic sport and the Paralympic Games has played a significant role in my life and I’m thrilled to be appointed Paralympic Village Mayor as the Games return to the UK.

“I’m really looking forward to working with the whole team to deliver an outstanding and memorable experience for Village residents and visitors this summer.”

LOCOG Chair Sir Seb Coe added: “Eva has a longstanding association with the Paralympic Games having been involved since its inception. I’m delighted to appoint her as Paralympic Village Mayor.”

The role of Village Mayor is to act as the ‘figurehead’ of the Paralympic Village. It is a requirement of the International Paralympic Committee and key responsibilities include welcoming and hosting international and domestic guests and dignitaries, attending and speaking at Village events and maintaining a visible and accessible presence throughout the Games for both residents and Games Makers.

50 Sponsorship Deals of the Week: 18/03/12

1 F1 Driver Heikki Kovalainen Gets New Helmet Sponsor Angry Birds Friday, 16 March 2012
2 New York Knicks Agrees Marketing Partnership with Acer Friday, 16 March 2012
3 Bojangles to Title Sponsor Nascar’s Southern 500 at Darlington Raceway Friday, 16 March 2012
4 Yokohama Tire Extends Deal with International Motor Sports Association Friday, 16 March 2012
5 AMA Pro Supersport Racer Elena Meyers Gets New Sponsor Friday, 16 March 2012
6 Athleta Sponsor USA Women’s Water Polo Team Friday, 16 March 2012
7 MLL’s Charlotte Hounds Receives New Restaurant Sponsor Friday, 16 March 2012
8 Caterham F1 Sign New Hospitality & Marketing Partner Visa Thursday, 15 March 2012
9 New Jersey Nets New Arena Barclays Center Secures Partnership with Long Island University Thursday, 15 March 2012
10 Toys”R”Us Becomes Founding Partner of the 2014 Special Olympics USA Games Thursday, 15 March 2012
11 Budweiser Increases Support for Grassroots Football in Deal with Non-League Wembley FC Thursday, 15 March 2012
12 Budweiser Extends Lucrative Sponsorship with USOC Thursday, 15 March 2012
13 Red Bull Racing Names Japanese Premium Sake Brand Joraku as Official Team Suppliers Thursday, 15 March 2012
14 Sheets(TM) Brand Becomes Official Energy Product of 2012 Sony Ericsson Open Thursday, 15 March 2012
15 Hollywood Park Becomes First US Horse Racing Track to Sell Naming Rights Thursday, 15 March 2012
16 Pampers Partner with Olympic Gold Medalist Kerri Walsh Thursday, 15 March 2012
17 New ATP Challenger Tour Event Dallas Tennis Classic Gets New Sponsor Thursday, 15 March 2012
18 Bass Pro Shops Sponsor UFC Fighter Jim Miller for Upcoming Bout Thursday, 15 March 2012
19 Motorcycle-Superstore.com Sponsor Big Kahuna Nationals Triple Crown Series Thursday, 15 March 2012
20 Microsoft Sponsor Lotus F1 Wednesday, 14 March 2012
21 Zenit St. Petersburg Secures Lucrative Sponsorship Deal with Oil Giants Wednesday, 14 March 2012
22 Fort Box Self Storage Sponsor Major League Baseball Players Skills Camp in London Wednesday, 14 March 2012
23 Michelin to Sponsor Goodwood Festival of Speed Wednesday, 14 March 2012
24 Citi Reveal US Ambassadors for London 2012 Olympics Wednesday, 14 March 2012
25 Yokohama Tire Corporation Partners with NBA’s Houston Rockets Wednesday, 14 March 2012
26 UFC Extend Sponsorship Deal with SafeAuto Wednesday, 14 March 2012
27 Netherlands Cricket Team Gets ABN Amro as New Sponsor Wednesday, 14 March 2012
28 Under Armour Secure Multi-Year Partnership with Boxing’s Saul “Canelo” Alvarez Wednesday, 14 March 2012
29 Rokform Sponsor Pro Mountain Bike Outfit Team Sho-Air Wednesday, 14 March 2012
30 Petrochem Carless Sponsor Sidecar Championship Race Wednesday, 14 March 2012
31 Major League Lacrosse Sign Major Deal with Coke Zero Tuesday, 13 March 2012
32 MLB’s Pittsburgh Pirates & Skyview Networks Expand Partnership Tuesday, 13 March 2012
33 World Champion Dai Greene Becomes New Ambassador for Jaguar Academy of Sport Tuesday, 13 March 2012
34 Kent Cricket Inks Deal with LED Sport Europe Tuesday, 13 March 2012
35 CNN Partner with Jaguar Heritage Racing Tuesday, 13 March 2012
36 New York Yankees Secures New Green Energy Sponsor Tuesday, 13 March 2012
37 Virgin America Named Official Airline of NBA’s Los Angeles Clippers Tuesday, 13 March 2012
38 Betfair Becomes Title Sponsor of Snooker’s PTC Grand Finals 2012 Tuesday, 13 March 2012
39 FedEx Extends Title Sponsorship of Nascar Sprint Cup Series Race at Dover Speedway Tuesday, 13 March 2012
40 Prudential Becomes Official Financial Services Provider of the LPGA Tour Tuesday, 13 March 2012
41 Chase to Sponsor Nascar Cup Sprint Champion Jeff Gordon Tuesday, 13 March 2012
42 US Youth Cricket Inks New Deal with Reebok Tuesday, 13 March 2012
43 Sentient Jet Sponsor Golf’s 2012 Tavistock Cup Tuesday, 13 March 2012
44 IndyCar Announces Unique Partnership with DreamWorks Monday, 12 March 2012
45 IAAF Renews Landmark Deal with Russian Bank VTB Monday, 12 March 2012
46 Panasonic Sponsors London 2012 Paralympic Games Monday, 12 March 2012
47 Charlotte Bobcats Owner Michael Jordan Gets New Endorsement Deal with Team Sponsors Monday, 12 March 2012
48 Sahara Force India F1 Get New Travel Shoes Supplier Monday, 12 March 2012
49 lingChristian Seifert und Peter Strahlendorf werden beim FASPO Sponsoring Summit mit der HALL OF FAM Monday, 12 March 2012
50 Coldstream Brewery Becomes Exclusive Cider Supplier to 2012 Australian Grand Prix Monday, 12 March 2012

Chelsea and IMG-Reliance Discuss Possible India Deal

IMG-Reliance and Chelsea FC have reportedly launched preliminary talks about the possibility of partnering  to develop a world-class football academy in India.

Reliance CEO ,Mukesh Ambani, reportedly, met Chelsea FC Chief Executive, Ron Gourlay, in London recently for the first round of discussions.

For Chelsea, partnering with an established player – IMG-Reliance is the commercial partner of football’s governing body All India Football Federation (AIFF) – could provide a way into the fast-growing Indian football market.

An alliance with Chelsea will boost the struggling football activities of IMG-Reliance and provide expertise.

IMG-Reliance signed a 15-year deal with AIFF in 2010 that it has yet to profit from financially.

A deal between IMG Reliance and Chelsea, would be a great step forward for Indian football, said Prashant Singh, general manager, Octagon India, a sports consultancy.

“A football academy is the easiest path to a new market and Chelsea could not have landed a better partner than Reliance because of the Indian company’s ability to absorb initial losses, according to him. For IMG-Reliance, the deal could signify that things are finally falling into place,” he said.

In an interview in September, Gourlay said the club is looking for long-term grassroots programmes in India to engage with its growing fan base.{jcomments on}

CBS Executive Joins Big East Conference as Commissioner

The Big East confeence has hired CBS executive vice president Mike Aresco to be commissioner of a conference.

Aresco has been a vice president in charge of programming for CBS since 1996. He’s handled the network’s contract negotiations with the NCAA for the rights to the men’s basketball tournament. He also negotiated CBS’s 15-year deal with the Southeastern Conference. 

Aresco, a Connecticut native who resides in Southport, Conn., has never worked for a conference or university, but his experience lies in the field where the Big East needs the most help. 

“I’m not daunted by it all. I embrace the challenge,” Aresco told the AP in a telephone interview. “I would not be on the sidelines. I believe the reconstituted conference really has vast potential.”

The conference is in transition and will begin crucial negotiations on a new television contract in September. The defections of longtime members West Virginia, Pittsburgh and Syracuse cost former Commissioner John Marinatto his job earlier this year.

“It would be hard to overstate it,” Aresco said of the importance of the next TV contract. “I consider it job one. All eyes are going to be on it. I’m not making any predictions, but I’m very confident our value is going to be recognized and maximized.”

Six new members are scheduled to join the Big East next year, including Boise State and San Diego State for football only, to create a coast-to-coast, 12-team football conference. 

Also set to join the Big East in 2013 are Memphis, Central Florida, Houston and SMU. 

Navy has committed to join the conference in 2015, and the Big East will eventually be in the market for another school to give it 14 football members when the Midshipmen join. 

On Monday, the Big East hired the sports media firm Bevilacqua Helfant Ventures, led by Chris Bevilacqua, who helped negotiate the Pac-12’s deal. 

The league followed that up by hiring Aresco, who has made a long successful career of negotiating some of the biggest television deals in college sports.

10 Sports Broadcasting Deals of the Week 18/03/12

1 Rogers Sportsnet Gets Canadian Rights to UEFA Champions League Friday, 16 March 2012
2 Fox Soccer Plus to Air Australian Football League Thursday, 15 March 2012
3 Time Warner Cable Secure Broadcast Deal with WNBA’s Los Angeles Sparks Thursday, 15 March 2012
4 Fox Soccer to Broadcast Scottish Premier League Wednesday, 14 March 2012
5 ESPN Gets Caribbean Rights to Euro 2012 & 2016 Wednesday, 14 March 2012
6 Viasat Renews Baltic Rights to Formula One Wednesday, 14 March 2012
7 Balkan Territories Receive Champions League & Europa League Media Rights Wednesday, 14 March 2012
8 Biathlon-WM ein Quotenhit: Durchschnittlich 4,63 Millionen Zuschauer fieberten im Ersten mit Tuesday, 13 March 2012
9 Colors Broadcasts Indian MMA Tournament Super Fight League Tuesday, 13 March 2012
10 “ran Racing”: kabel eins zeigt alle Rennen des ADAC GT Masters 2012 live Monday, 12 March 2012

Chelsea Announce First-Ever Profit Under Abramovich Ownership

Chelsea FC plc today announced a profit of £1.4 million for the first time in Roman Abramovich tenure as owner of the Premier League club.

The figures, for the year ending 30th June 2012, showed a record group turnover of £255.7 million, making Chelsea the fifth largest club in Europe in terms of revenue.

This follows the club winning the UEFA Champions League for the first time and the FA Cup for the fourth time in six years – in what was an historic 12 months both on and off the pitch. 

The £1.4m profit contrasts with a loss of £67.7m in the previous financial year and puts the club in a strong position to comply with UEFA Financial Fair Play criteria for the coming seasons. In order to compete in European competitions, these require clubs over a fixed period to achieve a break-even figure when expenditure is measured against the income from football-related activities.

The increase in revenues to £255.7m from the previous year’s level of £222.3m was in the main due to on-field success, especially in the Champions League. In addition, significant profits (£28.8m) were made in the transfer market. The club also enjoyed an uplift in revenues from commercial activities including new partners and merchandising.

The club also negotiated a deal with BSkyB to acquire its interest in Chelsea Digital Media Ltd (the holder of certain Chelsea media rights). This deal allows the club to have full control of our digital media strategy.

Intergroup debt of £166.6m was capitalised into equity during the course of the year strengthening the balance sheet and making Chelsea FC plc debt free.

The revenue recorded in the latest results follows improved figures the previous two years.

The main figures for the year ended 30 June 2012 were:

· Group turnover was up from £222.3m to £255.7m

· Profit for the financial year was £1.4m compared to a loss of £67.7m.

Chief Executive Ron Gourlay said: “Our club philosophy is built on success. We had that success on the field this year, as we were the first London team to win the UEFA Champions League, and we enjoyed it off the field as well and this helps us inject financial investment into the team.

“The big challenge is always to have a successful team on the field that wins trophies and to make a profit at the same time. The objectives have been set across the whole business, from the Academy to Under-21s and all the way through to the first team.”

Chairman Bruce Buck added: “We will never forget that night in Munich and now we are celebrating serious progress off the field too.

‘While we draw huge satisfaction from the achievements of the past 12 months we are more than ever focused on continuing the story of on-field success supported by improving financial performance off the pitch.”