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Other Sport 29 Aug 2014 | 5:37 PM Premium

OPAP to offer 40 million euros or more for Greek horse race betting licence

ATHENS (Reuters) - Greece's OPAP, one of Europe's biggest betting firms, has teamed up with a British fund manager to bid for the country's horse race betting licence, days after the privatisation agency scrapped a previous tender.

Other Sport 07 Sep 2003 | 12:00 AM Premium

Eridani takes pole to stay on course for a hattrick

After shutting out her rivals to win the first two rounds, fund manager Eridani Tutiana Jusat is all set for a hattrick of wins in the Ladies Cup Challenge in the Malaysian Race Series III at the Johor Circuit in Pasir Gudang today.

Other Sport 17 Sep 2014 | 11:42 PM Premium

Adidas shares jump on report of hedge fund activism

MUNICH (Reuters) - Shares in sportswear maker Adidas jumped on Wednesday on a report that a group of hedge funds is seeking to buy a stake to pressure management to make sweeping changes, although one of the funds dismissed this.

Basketball 20 Mar 2017 | 1:12 PM Premium

NBA's Chris Paul, other celebrity athletes, invest for an impact

NEW YORK(Reuters) - Giving back to their communities has always been a challenge for pro athletes who get rich quick, because they tend to lose the money even more quickly. But even those who manage to build a substantial amount of wealth have a hard time using it charitably in a way that truly has a long-term impact.

Other Sport 19 Oct 2015 | 8:37 PM Premium

Fantasy fights and sham shoot-ups lure investors to E-sports stocks

LONDON (Reuters) - Paying to watch people play computer games may seem curious to some, but it is catching on not only in sporting arenas but also on the stock market and business world.

Other Sport 08 Aug 2014 | 11:19 PM Premium

Analysis - Adidas marketing push an uphill battle against "cool" Nike

BERLIN (Reuters) - Sportswear firm Adidas probably thought it had hit the marketing jackpot when Adidas-sponsored Germany beat Adidas-sponsored Argentina to win the Adidas-sponsored World Cup.But arch rival Nike may have stolen much of its soccer branding thunder with quirky videos, innovative boots and amusing Tweets, not to mention the odd sponsorship coup of its own such as signing up hosts Brazil.Adidas said it had secured “victory on and off the pitch” at the soccer tournament, providing the highest-scoring boots and generating 22 percent more discussion on social media than Nike.

Football 19 Aug 2013 | 2:57 PM Premium

Arsenal fans call on club to halt Wenger contract talks

(Reuters) - Disgruntled Arsenal fans have stoked up the pressure on under-fire manager Arsene Wenger by telling the club's board it would be 'inappropriate' to offer the Frenchman a new contract.

Football 07 Aug 2015 | 10:22 PM Premium

Southampton face challenge of 'Moneyball' Danes

LONDON (Reuters) - Southampton manager Ronald Koeman has promised to field full-strength teams in the Europa League despite the risk of fixture congestion and he may need his best side after being drawn with trailblazing Danish champions, Midtjylland.

Football 01 Jul 2018 | 3:37 AM Premium

AC Milan's Chinese owner takes financial battle down to wire

MILAN (Reuters) - The indebted Chinese owner of Italian soccer club AC Milan has valued the club at around 700 million euros 619.27 million pounds) and has decided against a quick sale for a much lower valuation to U.S. television tycoon Rocco Commisso, a source said.

Football 29 Jun 2018 | 2:22 AM Premium

U.S. billionaire's offer for Italy's AC Milan values club at 500 million euros - sources

MILAN (Reuters) - An offer from U.S. television billionaire Rocco Commisso for a majority stake in Italy's AC Milan would give the soccer club a total value of around 500 million euros (£442.4 million), including debt, sources close to the deal said on Thursday.