Sports Business Correspondent
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Jun 18, 2013

Adidas sets new football sales goal in World Cup year

HERZOGENAURACH, Germany (Reuters) – German sportswear maker Adidas AG (ADSGn.DE: Quote, Profile, Research) forecast record sales for its football business in 2014, aiming to retain market leadership in the sport ahead of U.S. rival Nike Inc (NKE.N: Quote, Profile, Research) in a football World Cup year.

Adidas and Nike dominate a market for football kit – replica shirts, balls and boots – estimated to be worth around 5 billion euros (4.2 billion pounds) annually.

Jun 18, 2013

Adidas sets new soccer sales goal in World Cup year

HERZOGENAURACH, Germany, June 18 (Reuters) – German sportswear maker Adidas AG forecast record sales for its soccer business in 2014, aiming to retain market leadership in the sport ahead of U.S. rival Nike Inc in a soccer World Cup year.

Adidas and Nike dominate a market for soccer kit – replica shirts, balls and boots – estimated to be worth around 5 billion euros ($6.7 billion) annually.

Jun 18, 2013

For all its riches, AS Monaco faces taxing times

LONDON (Reuters) – Football club AS Monaco is living up to the principality’s reputation for big spending as it prepares for its return to the French first division next season.

Bankrolled by Russian owner Dmitry Rybolovlev, the club has signed coveted Colombian striker Radamel Falcao as part of a 120 million euro ($160 million) investment to try to regain a place among Europe’s elite despite attracting only a few thousand fans to home games at the Stade Louis II.

Jun 18, 2013

Soccer-For all its riches, AS Monaco faces taxing times

LONDON, June 18 (Reuters) – Soccer club AS Monaco is living up to the principality’s reputation for big spending as it prepares for its return to the French first division next season.

Bankrolled by Russian owner Dmitry Rybolovlev, the club has signed coveted Colombian striker Radamel Falcao as part of a 120 million euro ($160 million) investment to try to regain a place among Europe’s elite despite attracting only a few thousand fans to home games at the Stade Louis II.

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    • About Keith

      "Sports Business Correspondent, a new role at Reuters. I was previously UK Chief Correspondent and have also worked in Italy, Ireland and the Netherlands during more than 20 years with Reuters. I have also worked as an editor in a number of senior roles."
      Hometown:
      London
      Joined Reuters:
      September 1988
      Languages:
      English, French, Italian, German and Dutch
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