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Words To Live By: Quotes Of The Year, Part One

Published in SportsBusiness Daily Global on 12 / 22 / 14

No matter how the criminals may justify their actions, there is no justification for crimes committed against civilians, especially against women and children. -- Russian President Vladimir Putin , after suicide bombers killed more than 30 people in Volgograd. I am the master of my socia...

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12/17/14
Scientists Find 'Super-Bacteria' In Rio

Scientists at a Rio de Janeiro research institute "have found what they call a new 'super-bacteria' that is resistant to antibiotics in the waters where sailors will compete in the Olympic sailing events in 2016," according to Andrew Downie of REUTERS. Oswaldo Cruz Foundation officials said that the ...

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12/16/14
Rio 2016 Mascots Named After Composers

Rio 2016 Olympic and Paralympic Games organizers said that t he mascots for the Games will be named "Tom" and "Vinicius" after the singer-songwriters who wrote "The Girl from Ipanema," according to Andrew Downie of REUTERS. The names won 44% of votes in an online poll "and were revealed on Brazilian ...

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12/15/14
Brazil Bank Stops Volleyball Payments

A report by Brazil's anti-corruption body found that companies controlled by "relatives of the former president of Brazil’s volleyball federation as well as current and former administrators" misappropriated $11.3M in sponsorship income, according to Panja & Batista of BLOOMBERG. State-con ...

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12/12/14
Fluminense Faces Talent Exodus

Brasileiro club Fluminense "will have to fill a funding gap to keep players, including league top scorer Fred," after its sponsor of 15 years said it will not renew its contract, according to Tariq Panja of BLOOMBERG. Pedro Daniel, an economist who analyzes the country’s football industry for ...

Tags: Marketing and Sponsorship, Brazil

12/11/14
Brazilian Football In Financial Crisis

The life of the average Brazilian player, even at the top level, "is far from easy," according to James Young of SOCCER GODS. The financial crisis in the game "is so great, debt-ridden clubs are going cap in hand to the government to restructure their massive outstanding tax bills." The country&rsqu ...

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12/10/14
Rio Olympic Committee Faces Accusations

Rio de Janeiro Olympics organizers were accused by Brazil's federal accounts court of "withholding financial information in the buildup to the 2016 Games, the first to be held in South America," according to Tariq Panja of BLOOMBERG. Expenditure is being scrutinized after "spending on stadiums" used ...

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12/09/14
Rio 2016 Swimming Plans Under Fire

England national swimming team head coach Jon Rudd, joining a "growing campaign" opposing the plan, said that plans to hold "late night swimming finals" at the 2016 Rio de Janeiro Olympics are "outrageous," according to Sam Holden of REUTERS. A final competition schedule has "yet to be officially ap ...

Tags: Olympics, Brazil

12/05/14
Rio Official Says Sponsorship At $1B

Rio de Janeiro’s 2016 Olympics organizers "are beating their sponsorship target" by 50M reais ($20M) this year, "boosted by Brazil’s success" as host of this year’s FIFA World Cup, according to Tariq Panja of BLOOMBERG. CCO Renato Ciuchini said that agreements with 19 sponsors valu ...

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12/03/14
Neymar Investor Demands $20M From Sale

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12/01/14
Rio Wins Battle Over Olympic Golf Course

A Rio de Janeiro judge on Wednesday "denied a request from prosecutors to halt construction of the Olympic golf course because of environmental concerns, curtailing fears" that the venue will not be ready in time for test events, according to Tales Azzoni of the AP. Judge Eduardo Antonio Klausner sa ...

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