News: Finance

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 /

 
 

Live Nation confident of future shows despite major revenue fall

Global entertainment giant has revealed a 92% fall in its year-on-year income in the fourth quarter of 2020 with its revenue falling to an all-time low. However, despite the US-based…

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Feb 27, 2021 Entertainment / Events / Finance / Ticketing / Venues /

 
 

FRANdata gives Snap Fitness 5-Star franchise rating

Despite COVID-19’s significant economic impact on the fitness industry, Snap Fitness has become the first health and fitness franchise system in the country to achieve a five-star…

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Feb 22, 2021 Finance / Fitness / Retail / Wellness /

 
 

Dubai theme park operator urges shareholders to back takeover offer

Dubai-based DXB Entertainments, operator of Dubai Parks and Resorts, is urging shareholders to accept an offer from its majority shareholder, state-controlled Meraas Holding, to acquire its…

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Feb 12, 2021 Attractions / Entertainment / Finance / Retail / Tourism /

 
 

International fitness bodies launch leadership initiatives

The International Health, Racquet & Sportsclub Association (IHRSA) and the Singapore-based Fit Summit have this week each launched leadership initiatives that aim to shape and provide…

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Feb 11, 2021 ByKaren Sweaney Finance / Fitness / Marketing / Wellness /

 
 

Reorganised V1 Group looks for expansion in China’s sport and entertainment industries

Leading Chinese sports lottery and entertainment service provider the V1 Group is looking for significant growth in the domestic market following a recent internal reorganisation. With a…

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Feb 11, 2021 Finance / Hospitality / Sport /

 
 

COVID-19 forces a rethink of major stadiums and sports facilities around the world

Kevin Wilson suggests that the Coronavirus pandemic has further exaggerated the ‘white elephant’ characteristics of just about all large spectator sport facilities. In recent…

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Jan 25, 2021 ByKevin Wilson Events / Features / Finance / Sport / Venues /

 
 

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