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☆ CNBC Sport: ESPN Chairman Jimmy Pitaro on the most important bet in media
▼ + stars: | 2024-10-31 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +19 min

ESPN President Jimmy Pitaro , who I spoke with this week in an exclusive interview, doesn't shy away from that. Other media companies buy sports rights too, but ESPN buys more, and its entire existence is predicated on it. Yes, ESPN+ has existed since 2018, but ESPN+ has always been ESPN Lite, as I discussed in a CNBC documentary we put out earlier this year. "If that deal delivers for us in terms of growing our ratings, growing our reach – we got Flagship rights. "If that deal delivers for us in terms of growing our ratings, growing our reach – we got Flagship rights.

Persons: Alex Sherman, Jimmy Pitaro, doesn't, Pitaro, That's, it's, There's, Pitaro hasn't, Venu, Fubo, –, He's, Shams Charania, Pat McAfee, he's, Zach Lowe, Max Kellerman, Suzy Kolber, Robert Griffin III, Steve Young, Jalen Rose, We're, Alex, you've, Morgan, Cooper Flagg, Flagg, CNBC's Jess Golden, hasn't, Erik, Hag, Ruud van Nistelrooy, Ruben Amorim, Shohei, — Dwyane Wade, Wade, Michelangelo's David, Dwyane Wade Organizations: CNBC, ESPN, Walt Disney Company, Cable, Warner Bros . Discovery, Paramount Global, Disney, ESPN –, Monday, Football, NBA, WNBA, NHL, MLB, College Football, ACC, Masters, Wimbledon, UFC, Revenue, Flagship, CNBC Sport, Morgan Stanley Wealth Management, Gatorade, Manchester United, archrival Manchester City, English Premier League, Sky Sports News, Los Angeles Dodgers, Major League Baseball, Kaseya, Union of European Football Associations, The, Pickleball, CBS, Fox Sports, December's APP, ESPN Headquarters, Washington Post, The Washington Post Locations: Duke, Los Angeles, Dallas, Atlanta, Portuguese, Japan, Miami, Europe, Fort Lauderdale , Florida

☆ Adidas is banning the number '44' on German soccer team jerseys over concerns that the design looks like the Nazi SS flag
▼ + stars: | 2024-04-02 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

People say it looks like a lightning bolt from the SS, a Nazi unit in World War II. Adidas said it's blocked fans from making jerseys with the "44," and an alternative design is being developed. AdvertisementAdidas has removed the option for fans to customize their soccer jerseys with the number "44" amid concerns that a design for the German national team resembles a Nazi symbol. Known widely as the SS, this unit was responsible for many of the war crimes and atrocities committed by Nazi Germany in World War II. DAMIEN MEYER/AFP via Getty ImagesAdidas told the BBC that the jerseys were designed by the German Football Association and weren't intentionally made to look like the SS logo.

Persons: it's, —, Adolf Hitler, Michael König, DAMIEN MEYER, weren't Organizations: German, soccer, SS, Nazi, Adidas, Service, German Football Association, Schutzstaffel, Getty, BBC, Union of European Football Associations, Nike, Business Locations: Nazi Germany, Germany, Nazi SS, Ploeuc, Saint, France, Herzogenaurach

☆ Travel advice for Israel following the deadly clashes: Everything you need to know
▼ + stars: | 2023-10-09 | by ( Lilit Marcus | ) edition.cnn.com time to read: +7 min

The situation remains fluid and all information is subject to sudden change, but here’s what travelers need to know following the attacks. Among the locations Hamas has claimed it is targeting is Ben Gurion International Airport, Israel’s international hub, located just outside Tel Aviv. As for Israeli airlines, El Al, the country’s flag carrier, issued a statement on October 8 saying it would continue to operate as usual. Meanwhile, Delta Air Lines has issued guidance for passengers with flights booked to or from Tel Aviv between October 7-14. “The situation in Israel continues to be unpredictable,” said the US Embassy in Israel in a statement, which advised American citizens in Israel to contact the embassy in Jerusalem or the consulate in Tel Aviv.

Persons: Benjamin Netanyahu, CNN’s Nic Robertson, Ben Gurion’s, Ilan, Asaf Ramon, El Al, Ben Gurion, Élisabeth Borne, ”, Bruno Mars, CNN’s Nicole Goodkind, Sophie Jeong Organizations: CNN, Israeli, Hamas, Ben Gurion International Airport, Asaf Ramon International Airport, El Al Airlines, El Al, El, Arkia Airlines, International, German, Lufthansa, Lufthansa Group Airlines, BFM, Air France, Hong Kong’s Cathay Pacific Airways, Korean Air, Korean, Delta Air Lines, American Airlines, United Airlines, United, Air, Hainan Airlines, Virgin Atlantic, Royal Air Marcoc, Federal Aviation Administration, FAA, Reuters, of European Football Associations, Estonia, “ UEFA, Embassy, Front Command Locations: Israel, Tel Aviv, Red Sea, Eilat, El, Rome, Milan, Athens, Hong, Incheon, Air Canada, Hainan, Switzerland, Germany, “, Tel Aviv’s, Gaza, Jerusalem, Lebanon

CNN —The Union of European Football Associations (UEFA) has postponed all matches scheduled in Israel over the next couple of weeks due to the ongoing conflict in the country, the European soccer governing body announced on Sunday. “In light of the current security situation in Israel, UEFA has decided to postpone all matches scheduled in Israel in the next couple of weeks with new dates to be confirmed in due course,” UEFA said in a statement. The matches affected include Thursday’s Euro 2024 qualifier between Israel and Switzerland, as well as Israel’s Euro Under-21 championship matches against Estonia and Germany. A mini tournament, scheduled from October 10-17, involving Under-17 teams from Israel, Belgium, Gibraltar and Wales was postponed as well. Another Euro 2024 qualifying match between Israel and Kosovo, scheduled for October 15, may also be postponed, UEFA warned, adding they’ll wait a few more days to decide.

Persons: Israel, Benjamin Netanyahu Organizations: CNN, of European Football Associations, UEFA, Estonia Locations: Israel, Switzerland, Germany, Belgium, Gibraltar, Wales, Kosovo, Gaza

☆ UEFA set to reinstate Russian youth teams
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +2 min

Following the invasion, which Moscow calls a "special military operation", UEFA decided in February 2022 that all Russian teams - national or club sides - would be suspended from participation in their competitions. "The Executive Committee has asked the UEFA administration to propose a technical solution that would enable the reinstatement of the Russian U17 teams (both girls and boys) even when draws have already been held." UEFA added that Russian teams' matches would be played outside Russia and would not feature the country's flag, anthem or national kit. "... by banning children from our competitions, we not only fail to recognise and uphold a fundamental right for their holistic development but we directly discriminate against them," UEFA President Aleksander Ceferin said. Duka is head of Albania's soccer federation and has been a member of UEFA's Executive Committee since 2019.

Persons: Denis Balibouse, Aleksander Ceferin, Armand Duka, Luis Rubiales, Rubiales, Jenni Hermoso, Duka, Aadi Nair, Christian Radnedge Organizations: UEFA, Union of European Football Associations, REUTERS, Gazprom, Russian U17, Spanish Federation, UEFA's, Thomson Locations: Nyon, Switzerland, Ukraine, European, Limassol, Cyprus, Moscow, Russian, Russia, Bengaluru

☆ Soccer’s Premier League accuses Manchester City of breaching financial rules
▼ + stars: | 2023-02-06 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

A general view of Etihad Stadium, home of Manchester City, on September 14, 2022 in Manchester, United Kingdom. The Premier League has referred the club to an enquiry over an alleged breach of financial rules. LONDON — The English Premier League on Monday announced it has referred soccer club Manchester City to an independent commission over alleged breaches of its financial rules. A commission will be held in private, with members appointed by the chair of the Premier League Judicial Panel. A spokesperson for Manchester City was not immediately available for comment when contacted by CNBC.

☆ Chelsea shrugs off cost-of-living crisis
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +2 min

LONDON, Feb 1 (Reuters Breakingviews) - The cost-of-living crisis has yet to reach soccer players. Chelsea Football Club, owned by a consortium led by American businessman Todd Boehly, spent a record 330 million euros in the January player transfer window, according to Transfermarkt. It brings total spending on footballers since the Los Angeles Dodgers owner acquired the club last May to over 600 million euros. It also brings total spending by Premier League clubs this season to a record 2.8 billion pounds, beating the 1.86 billion pounds spent in the 2017/18 season. The Boehly-led consortium bought Chelsea from Roman Abramovich for 2.5 billion pounds, equivalent to a toppy 5.7 times trailing sales.

☆ World Cup 2022 - Germany 1-2 Japan: Late Ritsu Doan and Takuma Asano goals earn shock victory
▼ + stars: | 2022-11-24 | by ( Charlotte Marsh | ) www.cnbc.com time to read: +11 min

Japan celebrates during a FIFA World Cup Qatar 2022 Group E match against Germany at Khalifa International Stadium on Nov. 23, 2022 in Doha, Qatar. Marc Atkins | Getty Images Sport | Getty ImagesEach Japan goal was greeted with a team bundle at the corner flag, and there were joyous celebrations at full-time. For Germany, their poor World Cup form continues, having finished bottom of their group at the 2018 tournament. After having two earlier efforts blocked, Gundogan stepped up and expertly dispatched his spot-kick to see the four-time World Cup winners in front. We made mistakes that we should never commit especially in a World Cup and those are the things that we need to improve on."

After learning about its Russian roots from Reuters, it removed Pushwoosh software from seven public-facing apps, citing security concerns. The U.S. Army said it had removed an app containing Pushwoosh code in March because of the same concerns. Pushwoosh code has been embedded into almost 8,000 apps in the Google and Apple app stores, according to Appfigures, an app intelligence website. "We haven't found any clear sign of deceptive or malicious intent in Pushwoosh's activity, which certainly doesn't diminish the risk of having app data leaking to Russia," he added. The CDC apps that contained Pushwoosh code included the agency's main app and others set up to share information on a wide range of health concerns.

☆ Women’s soccer is booming in England. But the big money hasn't caught up yet
▼ + stars: | 2022-10-07 | by ( Jenni Reid | ) www.cnbc.com time to read: +6 min

All available tickets for the 90,000-capacity stadium were snapped up 15 minutes after going on sale, the U.K.'s fastest-ever sellout for the women's game. That trend has continued with the start of the 2022-23 season of the Women's Super League, the top tier of women's soccer in England. More money, more qualityWomen were banned from playing on Football Association grounds until 1971, and there wasn't a fully professional women's league until 2018. Major publishers like BBC Sport have also made moves to include the women's game more prominently in coverage. "Unbundling would attract more brands who see the women's game as their marketing focus and not just an add-on," Baroni said.

☆ Two veteran sports execs launch firm aiming to invest up to $50M in early-stage companies
▼ + stars: | 2022-09-20 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

Two longtime sports executives are launching an investment firm they say will back startups capitalizing on the growing opportunities at the intersection of sports, media and entertainment. Velocity Capital Management said Tuesday it will invest up to $50 million in early-stage companies with enterprise values of up to $2 billion. "Camp is a business that cuts across some of the things we've been looking at as a firm," said Abrams. Before joining Harris Blitzer Sports & Entertainment as its chief investment officer in 2018, Abrams served as a partner at Apollo for much of his career. Rees previously guided Sportradar, a data firm that works with sportsbooks, sports federations and media companies, through its IPO in 2021.

☆ UEFA bans Manchester City from top European tournaments for 2 seasons, imposes $33 million fine
▼ + stars: | 2020-02-14 | by ( Michael Sheetz | ) www.cnbc.com time to read: +1 min

Riyad Mahrez of Manchester City in action during the Premier League match between Manchester City and Huddersfield Town at Etihad Stadium on August 19, 2018 in Manchester, United Kingdom. The Union of European Football Associations (UEFA) declared on Friday it has banned Manchester City from European competitions for two seasons for "serious breaches" of financial regulations. The club, last year's champion of the English Premier League, was also fined 30 million euros ($33 million) by UEFA. Manchester City, also known as "Man City," has the right to appeal the ban. "Manchester City is disappointed but not surprised by today's announcement by the UEFA Adjudicatory Chamber," the club said in a statement.

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