Adidas AG forecast 2014 profit as much as 17 percent below analysts’ estimates as the weakness of currencies such as the Russian ruble and Argentine peso weighs on the world’s second-biggest sporting-goods maker.
Manchester City coach Manuel Pellegrini was banned from the touchline for three games by UEFA after criticizing the referee who oversaw his side’s 2-0 home loss to Barcelona in the Champions League last week.
Turkish Airlines, whose advertisements feature sports stars including Lionel Messi and Kobe Bryant, is turning to U.S. investors to help finance plans to double the number of passengers it carries by 2020.
Barcelona, the four-time European soccer champion, said it paid 13.6 million euros ($18.7 million) to Spanish tax authorities today to cover a possible shortfall when it signed Brazilian player Neymar.
A public prosecutor asked a judge to investigate whether Barcelona, the four-time European soccer champion, deceived the Spanish treasury when it hired Brazilian player Neymar, according to court documents.