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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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02/18/14
Inspector To Probe Fire At Cup Stadium

An independent inspector "will look into possible structural damage" caused by an October fire at a World Cup stadium in western Brazil, following a report that the blaze "was far worse than government officials have previously said," according to Brian Winter of REUTERS. The inspector, whose visit ...

Tags: Facilities, South America, Brazil

02/18/14
World Cup City Scraps Fan Fest

The Brazilian northeastern coastal city of Recife said that it "will no longer pay for FIFA’s Fan Fest," an outdoor screening venue for fans without tickets, at this year’s event, according to Tariq Panja of BLOOMBERG. The fan zones "were popular" during the 2006 World Cup in Germany and ...

Tags: Events and Attractions, Brazil

02/17/14
Report: Cup Stadium Damaged By Fire

An October fire at a Brazilian World Cup stadium "caused far more damage than previously reported," raising questions about "whether the stadium will be ready for the competition and why government officials have insisted the blaze was minor," according to Brian Winter of REUTERS. Officials overseei ...

Tags: Facilities, Brazil

02/14/14
Brazilian Court Rejects Santos Injunction

A Brazilian court has rejected an injunction brought by Neymar’s former club Santos requesting access to "all the documents relating to the player’s controversial transfer to Barcelona last summer," according to Dermot Corrigan of ESPN. Santos announced that the club had "taken legal a ...

Tags: Finance, Brazil

02/14/14
Curitiba Arena Will Be Ready For World Cup

Curitiba World Cup Secretary Reginaldo Cordeiro said that the city's stadium that is "facing exclusion from the list of venues is likely to be completed just six weeks before this year’s tournament in Brazil," according to Tariq Panja of BLOOMBERG. Curitiba spokesperson Alvaro Borba said, "The ...

Tags: Facilities, Brazil

02/13/14
Santos Takes Action Over Neymar Deal

Neymar's former club Santos has "sought a Brazilian court injunction to get access to all the documents relating to the player's controversial transfer to Barcelona last summer," according to Dermot Corrigan of ESPN. The Brazilian club has contacted both Barça and Neymar's father to "try to ...

Tags: Finance, Brazil

02/12/14
Corinthians Renew Deal With Caixa

Brasileiro club Corinthians has renewed its "major sponsorship agreement with state-owned bank Caixa Economica Federal," according to SOCCEREX. The new one-year deal is worth 30M Brazilian reals ($12.5M) to the São Paulo club, "the same amount that was agreed in the previous deal" covering '1 ...

Tags: Marketing and Sponsorship, Brazil

02/10/14
Brazil: 100K Security Personnel For Cup

At least 100,000 security personnel "will be deployed across Brazil for the World Cup," according to the AFP. Andrei Rodrigues, special secretary for security & safety at major events, said that "the total number on duty during the tournament would be double that for the 2013 Confederations Cup. ...

Tags: International Football, Brazil

02/07/14
Brazil May Face Water Shortages

A non-profit group that monitors regional water resources said that Brazil's largest city, Sao Paulo, "is on the verge of water rationing because of a severe drought and shortages are seen possible" when the country hosts the World Cup tournament in June and July, according to Alerigi & Goy of ...

Tags: International Football, Brazil

02/07/14
Brazilian Club To Open Fast Food Chain

Brasileiro side Gremio is going to open its "own chain of fast food restaurants in a bid to diversify and bring in cash to sign new players," according to Andrew Downie of REUTERS. The Porto Alegre side, club world champions in '83, hopes to "sell as many as 90 franchises at between $80,000 and $270 ...

Tags: Marketing and Sponsorship, Brazil

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