Featured Story

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...

Read More

Tags: Leagues and Governing Bodies, Australia

More Stories

Hoeneß To Stand Trial For Tax Evasion

A German court said on Monday that Bayern Munich President ULI HOENEß "will stand trial for tax evasion in March," but his club "wants him to stay on in his current role," according to Karolos Grohmann of REUTERS. The charges of the prosecutor's office "were admitted for trial which is set t ...

Tags: People and Pop Culture, Europe

IOC Sets Up Illegal Betting Unit

The IOC "will set up a special unit to tackle illegal betting and match-fixing in a bid to make sure it does not become an issue in future Games," according to Karolos Grohmann of REUTERS. The IOC "held a meeting in Lausanne with its stakeholders" including FIFA, the governing authority of athletics ...

Tags: Olympics, Europe

Volleyball Club Has To Find New Main Sponsor

German Volleyball Bundesliga club Unterhaching "has only six weeks to find a new main sponsor or it has to withdraw from the league," according to the FRANKFURTER ALLGEMEINE ZEITUNG. The future of the club "is completely up in the air after its main sponsor, insurance company Generali, announced tha ...

Tags: Franchises, Europe

Bremen Extends Sponsorship With VW

Bundesliga club Werder Bremen has signed an early extension with its top sponsor Volkswagen until '16, according to BILD. The car manufacturer will transfer about €1.5M ($2M) annually under the new terms, which is around €300,000 ($405,000) more than currently. Players and officials will a ...

Tags: Marketing and Sponsorship, Europe

French Clubs To Strike Over 75% Tax

French football clubs have said that "they will go ahead with plans to go out on strike" over a new 75% tax, according to REUTERS. This "comes after their plea for an exemption fell on deaf ears at the Elysee Palace." Representatives of the football clubs in France's Ligue 1 and Ligue 2, t ...

Tags: International Football, Europe

Yeung Denies Money Laundering

League Championship Birmingham City Owner CARSEN YEUNG said that "he amassed his wealth through stock-trading and gambling but denied dealing with triads," as he testified in his $93M money-laundering trial in Hong Kong, according to the AFP. The "high-profile yet oft-delayed case has put Yeu ...

Tags: People and Pop Culture, China, Europe

Hosting Olympics Comes At A Cost

Boosters of Boston's bid to host the 2024 Summer Olympics "were buoyed by the Massachusetts state legislature's recent move to create an Olympic exploratory committee," according to Jules Boykoff of the London GUARDIAN. In expressing interest to host the 2024 Olympics, Boston "joined other cities wi ...

Tags: Olympics, Europe

Chase For Viewers Puts F1 At Crossroads

The F1 season "has come to resemble a car at the back of the grid: fast-moving but prone to technical problems and in need of something new and exciting," according to Blitz & Allen of the FINANCIAL TIMES. Red Bull driver Sebastian Vettel’s victory at last weekend’s Indian Grand Prix ...

Tags: Media, Europe

FIFA Club World Cup On German TV

Defending UEFA Champions League champion Bayern Munich "will play a maximum of two games at the FIFA Club World Cup in December, however, it is not yet known what German TV channel will broadcast the event," according to Manuel Weis of QUOTENMETER. Bayern Munich "will play against the winner of ...

Tags: Media, Europe

Hollande Forces Tax Onto French Clubs

French President François Hollande "showed no mercy for France’s top football clubs on Thursday, refusing to let them off paying" his 75% income tax bracket on salaries above €1M ($1.37M), according to Hugh Carnegy of the FINANCIAL TIMES. The clubs "had protested that the 'unfair a ...

Tags: Finance, Europe

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug