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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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10/23/14
DEB, Sport1 Extend Deal Until '17-18

Related story: DEB Denies Rumors Of Financial Collapse The financially struggling German Hockey Federation (DEB) "has extended its cooperation with Sport1 and can count on fixed income from TV," according to the SID. The federation confirmed on Wednesday that it extended its d ...

Tags: Media, Europe

10/23/14
Sky's CL Broadcast Attracts Top Ratings

German pay-TV operator Sky Deutschland "attracted a top audience for its simulcast of Tuesday's Champions League games," according to Dennis Weber of QUOTENMETER. The program, which started at 8:45pm, was watched by 1.11 million viewers. The number translated into a market share of 3.9%. In the targ ...

Tags: Media, Europe

10/23/14
Curling Federation Set To Lose Funding

The German Curling Federation (DCV) "has reportedly lost its government funding amid a review over financial support of the country's winter sports federations," according to T-ONLINE. It "will the first time in the country's history that an Olympic sports federation loses its government funding." D ...

Tags: Finance, Europe

10/23/14
Fabio Cannavaro Faces Tax Investigation

Italy’s World Cup winning captain Fabio Cannavaro has reportedly had assets worth €900,000 ($1.1M) seized "in an investigation into alleged tax fraud," according to FOOTBALL ITALIA. The former center-back, who captained the Azzurri to World Cup glory in '06, is "being investigated in conn ...

Tags: Finance, Europe

10/23/14
Chris Froome May Skip Tour De France

Team Sky rider Chris Froome said the 2015 Tour de France presented Wednesday "is about the mountains" and that he "could skip the race in favor of the time trial-heavy Giro d’Italia and the Vuelta a España," according to Gregor Brown of VELONEWS. Froome: "There’s no two ways about ...

Tags: Events and Attractions, Europe

10/23/14
DOSB Doesn't Rule Out Winter Games Bid

German Olympic Sports Association (DOSB) President Alfons Hörmann "has not ruled out a German bid to host the 2026 Winter Olympics," according to the SID. Hörmann: "Just a few months ago we said that a [Winter Olympics] bid would be impossible for a long time. However, things can change qu ...

Tags: Olympics, Europe

10/23/14
Businessman Buys Polish Football Club

Polish businessman Jerzy Wozniak "has taken just over 96% stake in Polish second tier side Flota Swinoujscie, which turned itself into a private limited company," according to Jaroslaw Adamowski of INSIDE WORLD FOOTBALL. The "club's association holds 3% of the shares, and the Polish city, which prev ...

Tags: Franchises, Europe

10/23/14
IOC To Discuss Kosovo Recognition

The IOC will discuss the possibility of granting Kosovo Olympic recognition on Wednesday, "a move that has angered Serbian Olympic officials, " according to Zoran Milosavljevic. of REUTERS. IOC spokesperson Mark Adams said, "We can confirm that Kosovo will be addressed at the Executive Board (later ...

Tags: Olympics, Europe

10/23/14
Inter CEO Hints Pirelli Partnership May End

Inter Milan CEO Michael Bolingbroke hinted that the 20-year partnership between the club and main sponsor Pirelli "might come to an end at the end of the season," according to FOOTBALL ITALIA. Bolingbroke suggested this possibility "during a meeting between shareholders held in Milan." Bolingbroke: ...

Tags: Marketing and Sponsorship, Europe

10/22/14
Kazakhstan Seeks Foreign Investment

Should Almaty, Kazakhstan be selected to host the 2022 Winter Olympic Games, the Kazakhstan Ministry of Culture & Sports "has decided to use a mixed model of funding for the Games," according to AKI PRESS. The Ministry reportedly said that the country "would have to cover only a t ...

Tags: Olympics, Europe

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