Word: premieres
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Dates: during 2000-2009
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...Farrahmania. She was the decade's premier poster girl, with 8 million sold in a year. The number of baby girls named Farrah quickly spiked. A myriad of hairdos went Fawcett-feral. She signed a lucrative deal to front a line of Faberge perfume and accessories. She also furnished the press with aphorisms that might have been recycled from the Marilyn Monroe quote book ("The reason that the all-American boy prefers beauty to brains is that he can see better than he can think"). Some women might shrink from this fame tsunami; Fawcett expertly surfed...
...that administer their leagues is hardly unique to Formula One. In the U.S., the National Basketball Association and the National Football League have clashed with team owners over how to divide the profits from selling the TV rights to their games. The same issue regularly pops up in English Premier League soccer. "There is a continual, not always disastrous, dialogue about the share of the commercial rewards of sporting events," notes Chris Aylett, chief executive of Britain's Motorsport Industry Association. "What's more important? The Super Bowl or the teams playing in it? In that sense...
...even the biggest clubs cannot escape financial pressures completely. KPMG, auditors for the parent company of Premier League runners-up Liverpool, warned in accounts published last week that the firm's need to refinance some $575 million in bank loans - debt stemming from the club's 2007 takeover by American investors - amounted to "a material uncertainty which may cast significant doubt on the group's and parent company's ability to continue as a going concern." A deal to roll over the debt is likely; as a storied and well-supported club, Liverpool generates healthy revenues and profits. But difficulty...
Dazzling moves, ambitious targets and intense pressure - it must be off-season in European soccer. English Premier League champions Manchester United announced today that it accepted a $132 million offer from Real Madrid for fleet-footed winger Cristiano Ronaldo. The deal, which United expects to tie up before the end of the month, would smash a world transfer record set earlier this week when the same Spanish club lavished $92 million on AC Milan's midfield megastar...
...What recession? Defying the downturn, Europe's clubs could well smash the transfer-spending record this close season. English Premier League teams - which, according to Deloitte, spent $280 million on new players during the January transfer window, more than the amount spent in any of Europe's next four biggest leagues - are again in the mood to shop. The benevolence of billionaires helps. London club Chelsea, bankrolled by Russian oligarch Roman Abramovich, reportedly bid $74 million on June 9 for Atletico Madrid striker Sergio Aguero. Manchester City, owned by Sheik Mansour bin Zayed al-Nahyan, a member of Abu Dhabi...