News: Finance

Chinese Football Association disqualifies six clubs over financial problems

The Chinese Football Association (CFA) has disqualified six clubs from taking part in its professional leagues for the 2021 season, as a result of financial problems. Following years of…

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Apr 1, 2021 Finance / Legal / Sport /

 
 

PATA releases growth scenarios forecast for Asia Pacific destinations

In response to the continuing COVID-19 pandemic, the Pacific Asia Travel Association (PATA) has released the latest in its series of destination-specific reports for the period 2021-2023.…

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Mar 28, 2021 Finance / Tourism /

 
 

World Rugby to back Super Rugby involvement of two Pacific Island teams

World Rugby has advised that it will provide financial support to allow two Pacific-based teams to join Super Rugby in 2022 in what it calls a "historic transformation for Pacific…

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Mar 26, 2021 Finance / Sport /

 
 

TGI Sport to split from QMS Media with Quadrant Private Equity selling 50% stake

Quadrant Private Equity has announced an agreement with international investment and operating company Bruin Sports Capital to sell a 50% stake in global sports technology, media and…

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Mar 22, 2021 Finance / Marketing / Sport / Technology /

 
 

World Rugby unveils global women’s competition calendar with annual WXV competition

World Rugby has announced an overhaul of its women’s international calendar that will feature WXV, a new yearly three-tier 15s competition from 2023. Rugby union’s global…

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Mar 17, 2021 Finance / Marketing / Sport /

 
 

Dubai’s DXB Entertainments gets approval for US$1.17 billion debt transfer

DXB Entertainments, the Dubai-based leisure and entertainment company, has advised that it has won approval from its shareholders to transfer AED4.3 billion (US$1.17 billion) debt to United…

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Mar 13, 2021 Attractions / Finance / Tourism / Waterparks /

 
 

Chinese Super League champions ceases operations in blow to nation’s football aspirations

Just three months after winning the Chinese Super League title for the first time, Jiangsu FC has announced it will “cease operations” with immediate effect, creating huge…

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Mar 2, 2021 Finance / Sport /

 
 

Transaction Services Group to be merged with US-based payment solutions provider Clearent

Private equity firm Advent International has announced the merger of two of its portfolio companies, Transaction Services Group - the global provider of business management software and…

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Mar 1, 2021 Billing / Finance / Fitness / Technology /

 
 

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