News: Finance
FIFA sets aside £400 million for World Cup collapse
World football governing body FIFA has been forced to build a £400 million contingency fund to cater for the possible collapse of the 2010 World Cup. Insurers are holding off...
Apr 21, 2008
Events /
Sport /
Finance /
Venues
Goodlife Expands with Zest Health Clubs acquisition
The Macquarie Leisure Trust Group (MLE) is to acquire a portfolio of 10 health clubs and one development site from Zest Health Clubs. The $7.4 million acquisition for MLE's...
Apr 14, 2008
Finance /
Wellness /
Fitness
Tourism Holdings profits Rises
New Zealand's Tourism Holdings (THL) has reported half-year net profit after tax up 3.7% to $4.9 million. The result for the six months to the end of December 2007 was achieved...
Feb 25, 2008
Tourism /
Finance /
Attractions /
Environment
Village Roadshow to acquire Sydney Attractions Group
After months of trying to fight off its advances, the Sydney Attractions Group (SAG) has been forced to recommend its shareholders accept the takeover offer by Village Roadshow....
Feb 20, 2008
Tourism /
Finance /
Attractions
Indian Premier League Franchises Announced
The Board of Control for Cricket (BCCI) in India sold the rights to control the eight Twenty20 Indian Premier League (IPL) teams for a combined total of over US $700 million....
Feb 20, 2008
Sport /
Marketing /
Culture /
Finance
Howard Pledges Scrapped
The incoming Federal Labor Government has scrapped pre election pledges to sport and leisure by former Prime Minister John Howard. In announcing spending cuts of $643 million...
Feb 12, 2008
Sport /
Finance /
Recreation /
Attractions /
Government
Downhill for MFS Assets
The early weeks of 2008 have seen a remarkable turnaround in the fortunes of the Gold Coast-based MFS Group and its listed subsidiary the MFS Living and Leisure Group. Less than...
Feb 12, 2008
Tourism /
Finance /
Attractions
Ogden IFC attracts AEG investment to become AEG Ogden
Los Angeles-based sports and entertainment presenter AEG has acquired an interest in Australian venue operator Ogden IFC, creating a new 50/50 joint venture called AEG Ogden....
Dec 14, 2007
Events /
Sport /
Finance /
Venues /
Entertainment