Gold Coast Fined For Salary Cap Breach Marketing Symposium: Global Sports Events Bayer To Pay Back Sponsorship Money HKFA Says It Learned From ARG Friendly CA Signs Naming-Rights Deal With Bupa DEB, Sport1 Extend Deal Until '17-18 Sky's CL Broadcast Attracts Top Ratings Curling Federation Set To Lose Funding Fabio Cannavaro Faces Tax Investigation HK To Kick Off New Reward System
SBD Global/February 7, 2013/Events and AttractionsPrint All
The European Senior Tour will return to Russia for the first time since '08 when the Russian Open Golf Championship takes place Sept. 13-15 at the Moscow Country Club. The three-year agreement will see the event carry a prize fund of $850,000 and will be promoted by the Main Administration for Service to the Diplomatic Corps, which is part of the Russian Ministry of Foreign Affairs (European Senior Tour).
The cost for organizing the 2014 World Cup "has already reached" R$26.5B ($13.3B), according to Macri & Itri of FOLHA DE S. PAULO. The sum is R$2.7B ($1.4B) more than what the original budget had indicated in Jan. '11. The federal government believes the cost will continue rising. Sports Minister Aldo Rebelo revealed that "the belief is that investments for the World Cup" will reach R$33B ($16.6B). From all the money that will be spent on the event, only R$3.8B ($1.9B) "will come from the private sector." Another R$14.9B ($7.5B) will come from the federal government through loans and direct investments. The last R$7.7B ($3.9B) will come from the individual states and host cities (FOLHA DE S. PAULO, 2/6).
More than 40,000 Hong Kong residents "will be hoping their names come out of the hat on Thursday when the ballot for the 4,000 public tickets is decided for next month’s Cathay Pacific/HSBC Hong Kong Sevens" (SOUTH CHINA MORNING POST, 2/6). ... A senior sports official said that Cambodia will host the third int'l half marathon on June 16 "in order to promote sports and attract more foreign visitors" to the city. National Olympic Committee Secretary General Vath Chamroeun said that the 21km Phnom Penh Int'l Half Marathon "will be held in front of the Royal Palace" (XINHUA, 2/6).