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Monthly Archives: November 2011

Silvio Berlusconi

Silvio Berlusconi is amongst the most recognizable Italians in this century. The 75-year old Italian has been the longest serving Italian prime minister after the Second World War. He resigned recently from his position the 16th of November, 2011. Having served three terms as the prime minister of Italy he stepped down because of the ongoing European debt crisis. He is well known in the football circle as the owner of the club that is the current Italian Champions, AC Milan. He is also the controlling shareholder of Mediaset which is the largest broadcasting company in Italy.

Berlusconi was born on 29th September 1936 and is well known as the Il Cavaliere which means “The Knight”. He bought the AC Milan on 20th February 1986 when it was on the verge of bankruptcy. He injected a lot of money in the club to save it and it was because of him, that AC Milan ventured into its most successful era over its entire history. They went on to win five Champion Leagues, a FIFA Club World Cup, eight domestic tiles, a Coppa Italia, two Intercontinental Cups, five EUFA Super Cups, and five Supercoppa Italiana. The AC Milan team of that time was voted as the best club side of all time, by World Soccer magazine. The AC Milan tickets sales improved drastically with their superb run. AC Milan has also won the title of the most recognized international club in the world

Berlusconi has also written the anthem of the club AC Milan who faced a difficult challenge when Leonardo decided to step down from his job and in a surprise and daring move Allegri was named as the replacement. Allegri proved to be an excellent choice when he ended the domination of their arch rivals, Inter Milan to help win AC Milan their first league title since 2004. This improved the sales of the AC Milan ticket. He also helped AC Milan to beat Inter Milan in both the league fixtures which made the fans absolutely adore the manager. This also helped the AC Milan tickets to enjoy higher sales. AC Milan reached the semi final of the Coppa Italia and won the Supercoppa Italiana by beating Inter Milan (again) in 2-1.

Berlusconi was the third richest man of Italy in 2010, according to the Forbes. His assets were worth 9 billion dollars and he has investments in a vast variety of areas. His main company is the Mediaset which his the largest television network of Italy. Media set alone covers nearly half of the television sector in Italy. Furthermore, Berlusconi is the founder and the major shareholder of the company Fininvest which is considered to amongst the largest private companies in the whole of Italy. He was the co founder of the Mediolanum which is one of the biggest banking and insurance groups of the country.

And lastly, he owns AC Milan which is the most prestigious cup of the Italy. Though the money that he earns for the AC Milan tickets sales may be peanuts to him, he is loved by the fans for not being one of those owners who milk the club. He saved the club from bankruptcy and the club has experienced the best time in its history under him. It is not a surprise that fans absolutely worship him.

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Posted by on November 28, 2011 in Uncategorized

 

Sheikh Mansour bin Zayed the owner of Manchester City F.C

Sheikh Mansour bin Zayed bin Sultan Al Nahyan is the current owner of Manchester City. According to The Times, he is the sixth most powerful person in the sports. Apart from football, Sheikh Mansour is a highly influential business and political personality and his influence is such that it has been reported that the president of U.S., Barack Obama, is on his speed dial list.

History

The full name of Sheikh Mansour is Sheikh Mansour bin Zayed bin Sultan Al Nahyan and he was in born in Abu Dhabi on 1970. After receiving the early education in his homeland, he went to USA for higher education and received a Bachelor’s in Political Science. He has put his education to full use by being a very active and influential politician in UAE who has served various key positions.

Apart from politics, Sheikh Mansour is extremely active in the arena of business as well. He is the head of International Petroleum Investment Company through which has a 71% interest in Aabar Investments. Sheikh Mansour has invested in Oil, Virgin Galactic, Daimler, and Manchester City.

Manchester City

Sheikh Mansour is said to have been looking to invest in a Premier League club for a long time and Manchester City turned out to be the best prospect for him. Manchester City is the sixth highest revenue generating club in England and has a stadium with a capacity of 48,000. Manchester City was the ultimate option for him if you consider the future revenue that could be generated in terms of the increase in Manchester City ticket sales.

On September 2008, Sheikh Mansour bought Manchester City in an emphatic manner. The Brazilian emerging star Robinho was signed within hours of the buyout and this was done as a declaration of intent from him. Unlike his counterpart, the owners of Manchester United, his motive was not to drain money out of the club rather to make Manchester City the best club in the Barclays Premier league and Europe. The Manchester City ticket sales have experienced a huge boost after the buyout and the Manchester City tickets demand continues to grow the they team marches on successfully.

Sheikh Mansour is loved by the fans of Manchester City and when he came to watch the match against Liverpool, the Manchester City tickets had become nothing short of gold as everyone wanted to be present during the match. The fans greeted him in the most loving manner by putting up banners everywhere that proclaimed “Manchester Thanks You, Sheikh Mansour”

According the 2010 figures of Time magazine, Sheikh Mansour has made an approximate investment of £750 million investment in the area of Manchester City and this is not all, he has made an additional investment of £1 billion in the area that surrounds the Manchester City Stadium.

Sheikh Mansour plans to build an 80 acre training campus, the cost of which is more than £ 100 million. The plan of this facility was revealed in September 2011 and Sheikh Mansour intends to make it one of the top facilities of England.

Sheikh Mansour has been Godsend for Manchester City. He is a person who is genuinely interested in the progress of the club rather than milking the club. All his investments in the club speak highly of his commitment to the club.  Manchester City truly thanks you, Sheikh Mansour.

 

 

 
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Posted by on November 21, 2011 in Uncategorized

 

Malcolm Glazer – The Owner of Manchester United F.C

Malcolm GlazerBorn on May 25th 1928, Malcolm Irving Glazer is a sports business tycoon. He owns several sports clubs in America
and is the owner of the Manchester United Football club.

He is  also known for his interest and investments in food packaging and supplying,  broadcasting, health care and
several other businesses all over the world.

His  net worth is estimated to be around $2.6 billion. With his arrival, the availability of Manchester United tickets increased
as he increased the capacity of the stadium.

He inherited his father’s business, wholesale jewelry, which was worth only $300 at that time. He started the growth of his business by buying several trailer parks in the 70s. Later,
he became the president of the First Allied corporation.
Glazer’s first attempt to get into the corporate world was unsuccessful. He failed in two bids, one
was a $7.6 billion bid to buy the Conrail,  a freight rail company and the other was to buy the
famous kitchen designer Formica. Glazer also tried his luck on the motor cycle giant
Harley-Davidson, but failed. His first success came with the purchase of a part of Zapata, an
oil and gas company. He expanded his purchase into Caribbean supermarkets and fish proteins.

Glazer’s first step into the sports world was in 1995, he purchased a national football league The
Tampa Bay Buccaneers. He paid a staggering, at that time a world record fee, $192 million.

Malcolm Glazer turned the fortunes of the team around. He helped them built a start of the art
stadium which cost over $200 million. The team also grew in stature under the ownership of
Malcolm Glazer and made the playoffs in 1997. They finally won the league for the first time
in their history in 2002.

When Glazer started buying shares of Manchester United FC in 2003, the Red Devils fans went
to the streets protesting against him. This was due to the large debt that Glazer brought along
with him, an astounding $850 million.

After his  arrival, the cost of Manchester United tickets were increased, causing an outrage
among fans. This caused a significant drop in the final Premier League ticket sales too.

This triggered a withdrawal from the fans who bought season  tickets and soon Manchester
United tickets
started recording losses for the first time under the management of Sir Alex
Ferguson. Manchester United’s Premier league tickets were not enough; the Champions
League tickets (which are already expensive) were also increased.

Since the takeover the ticket prices have been increased by 42%, more than any other club’s
Premier League tickets.

Fans were after the head of Malcolm Glazer and were not shy to express themselves. In a
match on 10th March 2010, a huge group of fans romped outside Old Trafford with huge
banners demanding the resignation of Malcolm Glazer.

The very same month, they received an offer for the club, but they refused to sell. Also,
in 2011, there was a rumor which stated that a Qatari royal family had agreed on a £1.6 billion
deal with Malcolm Glazer, but Glazer refused that there were any such movements and stated
that he would never sell the club at any cost.

The Red Devil’s fans are still very much against the owner, but the success their team had on
the pitch during the years has helped them settle down. If somehow failure creeps in, it would
be surprising to see the reaction by Manchester United fans.

 
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Posted by on November 6, 2011 in Uncategorized

 

The Fenway Sports Group

The Fenway Sports Group LogoThe Fenway Sports Group is an American sports investment company which actually owns the highly acclaimed Premier League football club known as Liverpool F.C. This caused a massive increase in the sale of Liverpool F.C Tickets.

The team was going to be bought on the 6th of October 2010 but a board meeting was decided to be held first. On the 15th of October 2010, the Fenway Sports Group had officially fully purchased the club despite several court hearings.

The Fenway Sports Group was founded in 2001. It was originally founded as the New England Sports Ventures in Delaware. The group was originally comprised of John W. Henry, Tom Werner, Les Otten and the New York Times Company. The Fenway Sports Group was created in order to purchase the Boston Red Sox. In March 2011, the company officially declared a name change from the New England Sports Ventures to the Fenway Sports Group.

After the purchase of the Boston red Sox in 2002, The Fenway Sports Group purchased Fenway Park which was also the home of the Boston red Sox since 1912 and hence its significance was important in influencing the purchase.

The Fenway Sports Group also owns the New England Sports Network. It owns over eighty percent of the sports network while the Boston bruins owned twenty percent. This made Fenway Sports Group the major owner. It covers over six New England states but it excludes Fairfield County in Connecticut and Southbury. The station broadcasts mainly matches played by the Boston red Sox and Boston Bruins which are not played on national grounds.

Fenway Sports Group also owns Fenway Sports management. Its company headquarters is based in Boston, Massachusetts. It also has an exclusive sponsorship sales agreement, made in 2004, with Boston College’s major intercollegiate sports. It also purchased Salem Avalanche which is a minor league baseball franchise. In October 2009, they also became the official shirt sponsors of Fulham F.C.

Roush Fenway Racing was officially bought on the fourteenth of February, 2007 and changed its name from Roush Racing to Roush Fenway Racing. It was purchased from the original owner and co-owner, Jack Roush. Only fifty percent was purchased but was large enough to make Fenway Sports Group the single largest owner. Roush Fenway Racing is known actually a racing team. In fact, it is one of the largest NASCAR racing teams and has won many races and series.

One of the biggest purchases made by Fenway Sports Group was on the 15th of October 2010. This is when the Fenway Sports Group purchased Liverpool F.C. The purchase was made from the previous owners, Tom Hicks and George N. Gillett. Jr.

Unfortunately, the previous owners claimed that the purchase was illegal and stated to file a law suit for one billion pounds worth of damages. Fortunately, this law suit was not pursued otherwise the reputation of the Fenway sports Group would have been tarnished along with a drop in the sale of Liverpool FC Tickets.

In October 2010, along with Liverpool F.C., Fenway Sports Group also purchased Anfield. The football stadium was always home to Liverpool F.C. and hence was also purchased along with the team.

 
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Posted by on November 6, 2011 in Uncategorized

 

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