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National Rugby League Side Gold Coast Titans Fined $263,000 For Salary Cap Breach

Published in SportsBusiness Daily Global on 10 / 24 / 14

National Rugby League side Gold Coast has been fined A$300,000 ($263,000) "and hit with a suspended penalty of four competition points over a salary cap breach in regard to former playmaker Scott Prince," according to the AAP. Prince left the Titans at the end of '12 and the penalty "was issued aft...

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Tags: Leagues and Governing Bodies, Australia

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04/28/14
Lagardère Unlimited Moves Into Brazil

Lagardère Unlimited has established a presence in Brazil (LU Brazil) to develop its activities in the country's sports market. Through its LUArenas joint venture with local partner BWA, Lagardère Unlimited will continue to deploy its stadium and arena activities in Brazil with two Stad ...

Tags: Facilities, Brazil

04/28/14
World Cup Sponsors Seek Assurance

FIFA Marketing Dir Thierry Weil said that World Cup sponsors "are asking the Brazilian government how it will deal with street protests that might erupt during this year’s tournament," according to Panja & Biller of BLOOMBERG. During last year's Confederations Cup, Brazil "experienced the ...

Tags: Marketing and Sponsorship, Brazil

04/28/14
Paes Won't Bow To Sports Federations

Rio de Janeiro Mayor Eduardo Paes has responded to the high number of complaints about the city's preparations for the 2016 Olympics by saying that "sports federations are making too many unnecessary demands," according to the AAP. Paes said the federations are asking for too many "large things" tha ...

Tags: Olympics, Brazil

04/25/14
Security Forces Prepare For World Cup

Drones, bomb-detecting robots, camera glasses, rubber bullets and sound and light grenades "will all be at the ready if Brazilian police need them to quell disturbances during the FIFA World Cup," according to Mimi Whitefield of the MIAMI HERALD. The Brazilian military "also has a contingency plan i ...

Tags: Events and Attractions, Brazil

04/24/14
Brazil Cell Phone Network Still Spotty

The final of last year's Confederations Cup may have been a 3-0 victory for Brazil's national team, but it was "a bad omen for its cellphone network" at Rio de Janeiro's Maracanã stadium, according to Haynes & Bruno of REUTERS. Despite "costly investments" and another year to prepare for ...

Tags: Facilities, Brazil

04/24/14
Violence Erupts In Rio Slums Near Venues

A Rio de Janeiro slum "erupted in violence late Tuesday following the killing of a popular local figure," according to Bradley Brooks of the AP. Exchanges of gunfire "were heard when members of an elite police moved into the Pavao-Pavaozinho slum," which lies a few hundred yards from where swimming ...

Tags: Events and Attractions, Brazil

04/23/14
Sao Paulo Stadium Not Ready For Test

The stadium that will host the opening match of the 2014 World Cup "will not stage a test match in front of a full house before the tournament kicks off on June 12 because of building work being carried out in the arena," according to Andrew Downie of REUTERS. The Arena Corinthians was built to hold ...

Tags: Events and Attractions, Brazil

04/23/14
U.S. Firm Trains Brazilian Security

A group of 22 military officers and agents from Brazil's Federal Police "recently received training from U.S. security firm Academi," according to the EFE. Academi, formerly known as Blackwater, held the training as part of an "exchange of experiences related to counterterrorism." Sao Paulo Special ...

Tags: Events and Attractions, Brazil

04/22/14
World Cup Could Spike Brazil Inflation

As "if worrying about unfinished stadiums and overcrowded airports wasn't enough," the upcoming World Cup will give Brazilian policymakers "another headache: an inflation spike," according to Alonso Soto of REUTERS. The arrival of "roughly 600,000 foreign tourists for the month-long tournament that ...

Tags: Events and Attractions, Brazil

04/18/14
Rio Increases Budget For 2016 Olympics

Brazilian authorities "unveiled an infrastructure budget" of $10.76B for the 2016 Rio Olymipcs, which is 25% "more than planned, as they try to reassure the world they can deliver facilities on time," according to Pedro Fonseca of REUTERS. The budget "covers 27 projects in urban development and publ ...

Tags: Olympics, Brazil

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