Jaguar Tunes Up Tennis Portfolio Executive Transactions Wasps Seek To Raise $53M With Bond Retails Score Big Ahead Of 'Megafight' More Than 2M Watch Europa League Barcelona, Fitness Time Ink Deal Hamilton Stays Atop Sport Rich List ICC Launches Urgent Investigation Names In The News UCI Confirms Astana To Keep License
SBD Global/October 4, 2012/Leagues and Governing BodiesPrint All
The Brazilian federal government "will free up" between R$250M ($123.4M) and R$300M ($148.1M) this year for sporting projects in preparation for the 2016 Rio Games, according to Rodrigo Mattos of UOL.com.br. The number represents three times the amount that was spent last year. The investment "is not part of the Medal Plan" that was announced by President Dilma Roussef back in September. That plan, which will make R$2.5B ($1.2B) available for Olympic sports, will only be used starting in '13. The objective of all these investments is to "transform Brazil into an Olympic force" for the 2016 Games, meaning finishing in the top 10 of the Medal count (UOL.com.br, 10/3).
South Africa's Premier Soccer League and National First Division clubs "have settled their dispute," which had delayed the start to the second-tier's season, according to Ramatsiyi Moholoa of the SOWETAN. It was decided at a meeting of the NFD clubs in Johannesburg on Monday that "the league would start on Friday." First Division clubs spokesperson Pat Malabela said, "We have found each other. The matter has been sorted out internally." In terms of the agreement, the PSL will give NFD clubs R115M ($13.7M), according to a senior exec member. Though the details of the agreement have yet to be made public, it is believed the PSL has decided the NFD's monthly grant will rise from R230,000 ($27,300) to R380,000 ($450,100). NFD clubs will also now reportedly "be responsible for their own travelling, accommodation and meals" (SOWETAN, 10/3).
Brazil's Armed Forces Chief of Joint Staff José Carlos De Nardi revealed that "in addition to local police forces more than 18,000 soldiers will provide security during the 2014 World Cup." At least 1,500 soldiers will be deployed to each of the 12 host cities during the World Cup. Overall, the armed forces will spend €271M ($350M) on security (SID, 10/3). ... Organizers of the German Hockey League's (DEL) first outdoor game, the DEL Winter Game, are providing fans with another service for the Jan. 5 game. Visitors can now book their hotel online at www.delwintergame.de (DEL). ... The IOC has appointed Beyond Sport to support the IOC Sport for All Commission throughout the build-up to the 15th IOC World Conference on Sport for All, to be held in Lima, Peru in April. The IOC Sport for All Commission was established in '83 with the primary aim of encouraging and supporting efforts to disseminate the health and social benefits of sport. Beyond Sport will be supporting in the development of the event delivery and will use its extensive network and knowledge of programs from around the world to assist the commission in selecting the recipients of the Sport for All Grants (Beyond Sport). ... The Korean baseball league "has seen its attendance mark surpass 7 million for the first time." According to the Korea Baseball Organization, Tuesday's four games attracted 39,200 fans as of 6:30pm local time to "set a new ticket record" (KOREAN TIMES, 10/2).