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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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McQuaid's UCI Re-Election Dealt Blow

Int'l Cycling Union President Pat McQuaid’s "attempt to cling onto power as president of world cycling was dealt a heavy blow" when five national federations asked sport’s highest court "to rule on whether the Irishman should be allowed even to stand for re-election" on Sept. 27, accordi ...

Tags: Leagues and Governing Bodies, Europe, United Kingdom

IOC Set To Pick 2020 Olympics Host City

The Olympic movement "faces an uncomfortable decision this week on the city to host the 2020 games, amid deep reservations about each of the three candidates," according to Roger Blitz of the FINANCIAL TIMES. Government leaders, bid officials, celebrities and sports stars backing the campaigns of To ...

Tags: Olympics, Japan, Asia, Europe

Platini Warns European Clubs Over FFP

UEFA President Michel Platini has issued a powerful message to those European clubs who do not balance their books that "he will see them first around the negotiating table and then, if no agreement is reached, he will see them in court," according to Henry Winter of the London TELEGRAPH.  ...

Tags: International Football, Europe

More Than 7M Watch UEFA Supercup On ZDF

German public broadcaster ZDF "has attracted more than 7 million viewers to its broadcast of the UEFA Supercup between Bayern Munich and Chelsea FC," according to Daniel Sallhoff of QUOTENMETER. A total of 7.68 million viewers tuned in to watch the game on Friday at 8:35pm. The number translated int ...

Tags: Media, Europe

ISTAF To Make An Indoor Comeback

After a 45-year hiatus, the ISTAF athletics meeting "will make an indoor comeback at the O2 World in Berlin in '14," according to BZ BERLIN. The O2 World "will host the first Indoor ISTAF since '68 on March 1." Organizers "expect 10,000 people for the track and field event, which would make it the w ...

Tags: Events and Attractions, Europe

Punk Rock Band Donates Concert Revenue

A charity concert by German punk rock band Toten Hosen generated around €400,000 ($528,000) that the band will donate to German Hockey League (DEL) club Dusseldorf EG, according to the SID. During the Rot-Gelben Nacht (Red-Yellow Night) at the ISS Dome, which is the DEG's home arena, the band " ...

Tags: Finance, Europe

DVAG Extends Deal With Schumacher

Retired seven-time F1 world champion Michael Schumacher and German financial advisors Deutsche Vermögensberatung (DVAG) "have extended their sponsorship deal for another seven years until 2020," according to BILD. DVAG, which "has been a sponsor of Schumacher since '96," will reportedly pay & ...

Tags: Marketing and Sponsorship, Europe

David Ward To Run For FIA Presidency

FIA Foundation Dir General David Ward "has resigned his position" in order to "challenge for the presidency of the FIA," according to Tom Cary of the London TELEGRAPH. Incumbent FIA President Jean Todt, who is on a business trip in Africa, "has still not confirmed whether or not he intends to stand ...

Tags: Leagues and Governing Bodies, Europe

EuroSpeedway Hopes For Financial Lift

The EuroSpeedway Lausitz "would like to receive financial support from the state government and therefore hopes for a positive response from the European Union," according to Norman Fischer of MOTORSPORT TOTAL. The racetrack, which opened in 2000, "is looking at an uncertain future." The track's con ...

Tags: Europe, Finance

Ecclestone Denies Michelin Comeback

F1 CEO Bernie Ecclestone insists that Pirelli "will remain as F1's sole supplier 2014, despite Michelin having thrown its hat into the ring," according to Adam Cooper of AUTOWEEK. The French company "has now confirmed to the FIA that it is interested in the role." Some top teams "are known to be int ...

Tags: Leagues and Governing Bodies, Europe

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