Gold Coast Fined For Salary Cap Breach Marketing Symposium: Global Sports Events Kazakhstan Seeks Foreign Investment Bochum Abandons Plan To Save Money NZRU Cancels Match In Singapore Cargiant, QPR Battle To Build Homes McIlroy Takes Time To Focus On Lawsuit PSG's Biggest Revenue Stream Is 'Other' Stadium Roof Would Cost Up To $307M Adidas Mulling Reebok Sale
SBD Global/September 20, 2012/Leagues and Governing BodiesPrint All
The K-League's plans to disclose players’ annual salaries in the country's top football league "may not come into effect next season as it has run into opposition from some clubs," according to Jung Min-ho of the KOREA TIMES. Club Suwon Samsung Bluewings PR Dir Choi Won-chang said, "The K-League insists that the overall personnel expenses will be reduced if the players’ annual salaries are revealed. But we believe the result is most likely to be the opposite. As the new system will allow players to compare their salaries with one another, the clubs probably will have to pay more to keep hold of the league’s top talent." At a Sept. 11 board of directors meeting, the K-League announced its decision "to disclose players’ salaries for transparent fiscal operations and argued the fans have the right to know." However, the plan has met opposition from some teams including the Bluewings and the Jeonbuk Hyundai Motors "who question its financial benefits." Choi said, "Aside from a few countries such as the U.S. and Australia, most clubs in Europe and Asia do not reveal players’ salaries with concerns it might lead their league to become stagnant because of a talent drain" (KOREA TIMES, 9/19).
FIBA issued an invitation to submit proposals aimed at appointing a worldwide licensing representative responsible for developing its licensing program and those of its major upcoming competitions. The purpose of the licensing program is to promote the competitions in the host countries and around the world. Competitions belonging to the program include the 2014 FIBA Basketball World Cup and the 2014 FIBA World Championship for Women, and may also extend to eight of the 2013 FIBA Continental Zone Championships: the FIBA Africa Championships (Men & Women), the FIBA Americas Championships (Men & Women), the FIBA Asia Championships (Men & Women) and the FIBA Oceania Championships (Men & Women) (FIBA).
Thailand Football Association President Worawi Makudi revealed that the organization is "not facing disbandment over allegations of corruption," according to Sinsiri Tiwutanond of REUTERS. Makudi made an appearance last week before a parliamentary committee to "explain the Football Association of Thailand's setting up of the Thailand Premier League company." A spokesperson for the house panel said on Friday that the FAT "could be disbanded if it was found that its motivation for establishing the company was to generate profit." Makudi said that he was "invited to discuss issues related to finance, taxation and strategies for Thai football and was baffled by media reports of a possible disbandment." Makudi: "The news that the association may face disbandment is very damaging. The association did not do anything against the laws and regulations. We did nothing wrong, so why are we talking about the disbandment of the association? I don't understand" (REUTERS, 9/19).
V8 Supercars team Stone Brothers Racing "will end a long partnership with Ford" in order to help usher Mercedes-Benz into the category next year, according to the AAP. On Wednesday, after almost 12 months of talks, SBR confirmed that they would "merge with Erebus Motorsport and race three vehicles from next year." In the new super alliance, SBR teams up with Erebus Motorsport "who have been dominant" in the Australian GT category racing Mercedes-Benz vehicles. SBR Owner Ross Stone said, "Leaving Ford was not an easy thing to do, but as car markets change here in Australia I felt the time was right for a new challenge, and with Ford's mutual agreement we have decided to part ways" (AAP, 9/19).