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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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ADAC Plans To Buy Nürburgring Circuit

German automobile club ADAC "is planning on buying the historic Nürburgring" racetrack, according to the SID. The second-biggest auto club in the world "has joined the bidding process for the bankrupt track." ADAC President Peter Meyer said, "The Nürburgring is without a doubt the birthpla ...

Tags: Facilities, Europe

Golf Post Acquires LPGA Media Rights

German golf website GolfPost.de has acquired the online media rights for the women's LPGA Tour. Golf Post will show live and free-of-charge every final round of every LPGA event via live stream on its website. The media rights are for the German-speaking region of Germany, Austria and Switzerla ...

Tags: Media, Europe

Bamberg, Brose Extend Contract To '18

Basketball Bundesliga (BBL) club Brose Baskets Bamberg, which won its fourth consecutive league title in '12-13, "is hoping for a financial windfall as title sponsor Brose wants to increase its sponsorship," according to SPOX. Automotive supplier Brose "wants to extend its title sponsorship deal, wh ...

Tags: Marketing and Sponsorship, Europe

Italian Clubs Raided In Tax Probe

Italian financial police Tuesday "raided the offices" of more than 40 football clubs, including giants Juventus, AC Milan and Inter, "as part of a broad investigation into tax evasion and other alleged crimes involving player transfers," according to Gilles Castonguay of the WALL STREET JOURNAL. The ...

Tags: International Football, Europe

AS Roma Hopes Stadium Can Revive Club

Boston-based hedge fund manager James Pallotta is determined to bring U.S.-style branding and management to transform Serie A club AS Roma "into a profitable venture competing with the best in Europe," according to Guy Dinmore of the FINANCIAL TIMES. The challenge is daunting, "not just because Ital ...

Tags: Franchises, Europe

Sky To Change Pricing For Sports Bars

German pay-TV network Sky Deutschland will change its price pattern for sports bar customers. In the future, a bar's square meters will not be the only deciding factor. Beginning on July 1, a location's population density, purchasing power and sports affinity will also be factored in. The price patt ...

Tags: Media, Europe

Guardiola Holds First Press Conference

New Bayern Munich coach PEP GUARDIOLA "held his first official press conference in his new position," according to BILD. Ahead of the press conference, people "were speculating the Spaniard might answer a couple of questions in German." Guardiola, however, "surprised everybody and held the press c ...

Tags: People and Pop Culture, Europe

EBEL To Add Bolzano As 12th Team

Bolzano, Italy wants to become the 12th team of Austria's top division hockey league, Erste Bank Eishockey Liga, two months before of the start of the new season, according to HOCKEY FANS. Originally, the 11 EBEL clubs "were supposed to receive a preliminary schedule for the '13-14 season." However, ...

Tags: Leagues and Governing Bodies, Europe

Le Mans 24 Hours Race Top On Eurosport

Pan-European sports network Eurosport "has recorded convincing ratings for its broadcast of the Le Mans 24 Hours race," according to Alexander Krei of DWDL. An average of 80,000 viewers tuned in to watch the race. In the target demographic 14-49, Eurosport's broadcast had a 3.5% market share. At 9:2 ...

Tags: Media, Europe

Turkey Focused On Istanbul 2020

A sporting event seven years from now may not be the priority for a country in the midst of its biggest political crisis in years, "yet while the protests in Istanbul have rocked the country and sent shockwaves across the world, Turkey remains focused on securing the 2020 Olympics," according to Jam ...

Tags: Olympics, Asia, Europe

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