Menu
Finance

Former Russian Football Champions Alania Vladikavkaz On The Brink Of Financial Collapse

Former Russian football champions Alania Vladikavkaz "appeared on the brink of financial collapse Monday after coach Vladimir Gazzaev admitted they lack even the funds to travel to their next match," according to R-SPORT. Alania won the Russian title in '95 and "made regular appearances in the Champions League and UEFA Cup" throughout the '90s, but has "endured crises on and off the pitch in recent years." After relegation from the Russian Premier League last season, the club has been "battling to return to the top flight." Alania’s players have gone "unpaid for several months, and their next match puts particular strain on the club’s budget because it involves a journey across seven time zones to Russia’s Far East for a meeting with Luch-Energia Vladivostok." Gazzaev said, "At the moment, we don’t have the funds to fly to Vladivostok and take part in the match with Luch-Energia. Moreover, several players are not willing to fly." Gazzaev’s father, Valery, who serves as club president, said last month the club was "living off bank loans because its main sponsor RusHydro pulled its funding after relegation from the Premier League last season" (R-SPORT, 11/18).

SBJ Morning Buzzcast: April 24, 2024

Bears set to tell their story; WNBA teams seeing box-office surge; Orlando gets green light on $500M mixed-use plan

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2013/11/19/Finance/Alania-Collapse.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2013/11/19/Finance/Alania-Collapse.aspx

CLOSE