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Global Financial Crisis
Report: Global Sports Sponsorship Takes A US$17.2b Hit In 2020
May 21, 2020
Global sports sponsorship spend in 2020 is set to plunge by US$17.2b due to the COVID-19…
Interview: How the global sports industry survived the GFC: Octagon
October 25, 2010
The global sports industry weathered the global financial crisis better than previous recessions, due largely to sponsorship's improving ability to prove its worth as a marketing discipline, says…
GFC Austerity: 70% of Asian sponsors plan to reduce their budget
May 8, 2009
About 70% of all sponsor companies across the Asian region plan to cut their sponsorship budgets as a result of the global financial crisis, according to a new…
Financial Crisis Hits Asian Games
March 12, 2009
Chinese State media has reported that a number of sponsors have pulled out of the Guangzhou Asian Games 2010. Fears are growing in Guangzhou that the global economic…
HK Officials: Financial Crisis Won't Affect East Asian Games
January 21, 2009
Officials in Hong Kong have declared that this year's East Asian Games will go ahead unaffected by the global economic downturn. Tsang Tak-sing, Hong Kong's Secretary for Home…
Malaysian Cycling Hit Hard by Financial Crisis
October 28, 2008
One of Asia's oldest cycling stage races, the Jelajah Malaysia has been hit hard by the global financial crisis and is on the verge of being postponed indefinitely…
"Best Games Ever": Guangzhou Asian Games Aims High Despite Financial Crisis
October 21, 2008
Organisers of the 2010 Asian Games in Guangzhou this week acknowledged that the global financial crisis would have an impact on their preparations, but maintained they plan to…
Financial Crisis Brings Uncertainty to Japanese Formula 1
October 17, 2008
Representatives within Japan's Formula 1 racing industry say the future of the sport is in jeopardy due to the current global economic conditions. Multinational companies constitute a majority…
