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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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Pro12 Clubs Facing 'Financial Oblivion'

Premiership Rugby Deputy Chair Bruce Craig "has warned that Pro12 clubs face 'financial oblivion' if administrators try to thwart the Rugby Champions Cup," according to Tom Bradshaw of the BBC. Craig "has been central to setting up an event intended to replace the Heineken Cup, which he claims is 'f ...

Tags: Events and Attractions, Europe

Juventus Grows Revenue, Reduces Loss

Serie A side Juventus "increased revenue" by 32.8% in the last financial year, but "still recorded a loss" of €15.9M, according to FOOTBALL ITALIA. Although it closed with a loss of €15.9M, this "was significantly less" than the €48.6M of the previous financial year. Much of that was ...

Tags: Finance, Europe

UCI Unveils World Championships Hosts

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Tags: Events and Attractions, Europe

Munich Open To Dortmund In BBL

FC Bayern Munich President Uli Hoeneß said that "he would welcome it if Borussia Dortmund would join the Basketball Bundesliga (BBL) with a team," according to Oliver Völkl of FOCUS ONLINE. Hoeneß "knows that competition is good for business" from his experience in the football Bund ...

Tags: Franchises, Europe

CSKA Sofia, Celtic Sign Partnership Deal

Bulgaria's CSKA Sofia Supervisory Board Chair Laurence Davis said that the club "will work together" with Scottish Premiership side Celtic, according to Alexander Krassimirov of INSIDE WORLD FOOTBALL. Davis said that "he has held talks with his counterparts from Celtic and soon expected both clubs t ...

Tags: International Football, Europe

Schalke, Kentaro Ink Long-Term Deal

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Tags: Marketing and Sponsorship, Europe

Brazil World Cup, Not Qatar, A Concern

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Tags: International Football, Europe

PCC Submits Reforms Of Pro Cycling

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Tags: Leagues and Governing Bodies, Europe

Cost Of Madrid 2020 Estimated

The full budget for the Madrid 2020 Olympics bid "is due to be made public soon," according to Bruno García Gallo of EL PAÍS. Estimates from official accounts and reports, as well as explanations from members of the bid team, have been compiled to estimate "the direct costs of the capi ...

Tags: Olympics, Europe

BMW Open Looking For New Organizer

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