FIFA Fines Spanish FA For Rules Violations Adidas To End German Anti-Doping Support Inter Plans To Stop Losing Money NBA Rosters Feature 113 Int'l Players Russia Dismisses Deputy Sports Minister Watson Wants Life Balance For Cricketers More Than 4M Watch USGP On RTL CA Looking At Sensors In Helmets IAAF President Cleared By Ethics Board Kiev Almost Ready To Host CL Final
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/July 9, 2012/Leagues and Governing Bodies
Published July 9, 2012
SWISS HOCKEY: SUEDOSTSCHWEIZ.ch reported that the Lakers Sport AG, owner of National Liga A hockey club Rapperswil-Jona Lakers, lost CHF159,000 ($163,000) during the previous fiscal year. The deficit could be kept small because the BOD and donors took over CHF1.8M ($1.85M) of the deficit. Despite the deficit, the team increased its budget by CHF1M ($1M) to CHF11M ($11.25M). Former board member Lucas Schluep succeeded Walter Villiger, who resigned, as club president (SUEDOSTSCHWEIZ.ch, 7/6).