Businessman Christer Gardell’s much-discussed contribution of 100 million kronor (about $9.5 million) to Swedish tennis is becoming a reality. The first payment of 20 million kronor (about $1.9 million) will be made in October. “I’ve been waiting a long time for us to be able to look ahead,” says Ulf Rosberg, chairman of the Swedish Tennis Association, to TT.
SportsBarely ten years after Essity was spun off from the forestry group SCA, Essity is now on the verge of spinning off its tissue paper business in October, Bloomberg reports.
BusinessUnexpectedly strong jobs figures from the US briefly pushed the Stockholm stock market lower. But in the final stretch, sentiment lifted it to a slight gain.
BusinessFinancier Christer Gardell and Ulf Rosberg did nothing punishable when they helped the Swedish Tennis Association get a new board this spring. This is announced by the Swedish Sports Board (Rin) after its review of the case.
SportsA website where Swedish companies are singled out for being poor sponsors of Swedish sports. It is the new idea of financier Christer Gardell. It would be negative to be on such a list, and it may not be so good for business, he says.
SportsAlpine skiers Hanna Aronsson Elfman and Cornelia Öhlund are the two latest sports stars to be supported by financier Christer Gardell. Öhlund is delighted with the money - but is also critical of the conditions for Swedish elite athletes. Skiers from other countries who have a stable monthly income are "news".
SportsChrister Gardell was reported to the Swedish Sports Confederation (Riksidrottsnämnden) after the coup at the Swedish Tennis Association, when the board was replaced. Now the billionaire is responding with a counter-report.
SportsFinancier Ulf Rosberg has started stirring up trouble in the Swedish Tennis Association. Secretary-General Christer Sjöö is being fired. "We have had a good dialogue, but it is the board that has made the decision," Sjöö tells TT.
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