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Russian Economic Crisis Drives Transfer Market Spending To 14-Year Low

Published in SportsBusiness Daily Global on 03 / 04 / 15

Russian Premier League clubs’ transfer spending in this year’s winter window hit a 14-year low. The Premier League's 16 clubs spent only €6M on transfers between them, the lowest figure for a winter transfer campaign since '01 and a drastic decline from €39M spent in the winter...

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Tags: International Football, Russia

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Austria Vienna To Invest In Stadium

Austrian Bundesliga side Austria Vienna will invest €2.5M ($3.4M) "to upgrade its Generali Arena," according to Alexander Huber of KURIER. Starting in April, the club "will install handicap-accessible buffets and toilets, including elevator, access road, order and seating possibilities." In add ...

Tags: Facilities, Europe

IHF Generates Record Revenue

The Int'l Handball Federation "is generating record revenue through a marketing deal," according to the SID. The IHF reportedly is receiving around 20M Swiss francs ($22.1M) from the organizing committee of the 2015 Men's Handball World Championship in Doha, Qatar. IHF President Hassan Moustafa said ...

Tags: Marketing and Sponsorship, Europe

Red Bull Owner Promises Investments

Red Bull Owner Dietrich Mateschitz "has promised investments in and around Spielberg, Austria," according to KURIER. He also "wants to more closely include the surrounding communities." The Red Bull Ring, which is located near Spielberg, will host an F1 race for the first time in 11 years in June. O ...

Tags: Events and Attractions, Europe

Sport1 Secures Field Hockey TV Rights

German multimedia sports network Sport1 has secured the broadcast rights for two of this year's biggest field hockey events, the Rabobank Hockey World Cup 2014 and the Champions Trophy. The men's and women's Hockey World Cup will take place in The Hague, Netherlands from May 31-June 15. The Int'l Ho ...

Tags: Media, Europe

THW Kiel Loses Close To Half A Million

Handball Bundesliga (HBL) club THW Kiel "has lost close to half a million euros during the '12-13 fiscal year," according to NDR. The club reportedly lost €443,000 during the previous season. The number means that Kiel "has lost more than €1M over the past three years." The club "refused t ...

Tags: Finance, Europe

Euro Tour CEO Denies Calling EurAsia Cup 'Mistake'

European Tour CEO George O'Grady "has strongly denied saying the new EurAsia Cup team tournament was a 'mistake'" after organizers of a rival event claimed he was having second thoughts, according to the AFP. O'Grady was responding to comments from Royal Trophy co-Managing Dir Ivan Ballesteros, who ...

Tags: Events and Attractions, Asia, Europe

Atletico Board Defiant Despite Ruling

La Liga side Atletico Madrid's board has said that "it will study another Spanish supreme court ruling saying its control of the club has been fraudulently achieved," while assuring fans that the "stability" provided by the current regime will continue, according to Dermot Corrigan of ESPN. Spain&rs ...

Tags: Franchises, Europe

Bayern Threatens Season-Ticket Holders

Bayern Munich "has threatened its season-ticket holders with cancellation of their season tickets," according to BILD. In a letter to all season-ticket holders, the club said, "If a season-ticket holder does not attend at least eight Bundesliga games, Bayern Munich will reserve the right to cancel t ...

Tags: Franchises, Europe

Sport1 Launches Online Ticket Store

German multimedia sports network Sport1 has launched an online ticket store on its website Sport1.de. The company signed a corresponding cooperation with Ticketmaster. The online ticket store will sell tickets to domestic and int'l events in the areas of sports, music and entertainment. The complete ...

Tags: Marketing and Sponsorship, Europe

Austrian Athletes Receive Kidnap Threat

The Austrian Olympic Committee (ÖSC) "received a letter stating that two of its athletes would be kidnapped during the Sochi Winter Olympics," according to KRONE. The targets of the threats were skier Bernadette Schild and skeleton pilot Janine Flock. ÖSC General Secretary Peter Mennel sai ...

Tags: Olympics, Europe

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