Sports Business Correspondent
Keith's Feed
Dec 18, 2013
Dec 18, 2013

William Hill to keep online base in Gibraltar after tax change

LONDON, Dec 18 (Reuters) – Leading British bookmaker William
Hill plans to maintain its online betting base in
Gibraltar despite a tax clampdown that will cost it tens of
millions of pounds.

The company is one of many bookmakers which have set up
internet operations in Gibraltar, allowing them to sign up
British gamblers while benefiting from a benign local tax

Dec 18, 2013
Dec 15, 2013
Dec 13, 2013

UK court to rule in 2014 on Ecclestone damages case

LONDON, Dec 13 (Reuters) – A British judge will rule next year on a $100 million damages claim brought against Formula One boss Bernie Ecclestone over his involvement in the 2005 sale of a stake in the motor racing business.

German company Constantin Medien alleges that Ecclestone, 83, was part of a “corrupt bargain” with a German banker to undervalue Formula One and favour the sale of a controlling stake to private equity fund CVC – which had agreed to keep Ecclestone on as chief executive of the business.

Dec 13, 2013
Dec 13, 2013
Dec 12, 2013
Dec 12, 2013

F1′s Ecclestone says will fight BayernLB damages claim

LONDON, Dec 12 (Reuters) – Formula One boss Bernie Ecclestone said he would fight a $400 million damages claim that German bank BayernLB is planning to file in London over the sale of the motor racing business in 2005.

The fresh threat of legal action is the latest fallout from the deal eight years ago, in which private equity fund CVC acquired control of Formula One from a group of banks including BayernLB.

Dec 12, 2013
    • 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."
      Joined Reuters:
      September 1988
      English, French, Italian, German and Dutch
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