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Tour De France A Bargain For Sponsors As Team Sponsorships Drop 50%

Published in SportsBusiness Daily Global on 07 / 29 / 14

The Tour de France "is a bargain for sponsors, courtesy of Lance Armstrong," according to Danielle Rossingh of BLOOMBERG. The event "could once demand large investments from potential backers." Hilversum, Netherlands-based sports marketing consultant Frank van den Wall Bake said that tainted by dopi...

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Tags: Marketing and Sponsorship, Europe

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07/28/14
F1 Teams Rule Out Russian Race Boycott

F1 teams said that "they will race in Russia , despite the crisis in Ukraine and downing of a Malaysian airliner, unless the country's debut grand prix in October is called off or they are ordered not to go," according to Alan Baldwin of REUTERS. Williams Deputy Team Principal Claire Williams sai ...

Tags: Leagues and Governing Bodies, Russia

07/24/14
Lawmakers Raise Doubts About Russia '18

Several senior German lawmakers have raised the possibility of stripping Russia of its right to host the 2018 World Cup and the national football federation said that "it was very worried about events following the downing of a passenger plane over Ukraine," according to Madeline Chambers of REUTERS ...

Tags: International Football, Russia

07/23/14
Int'l Attention Turns To Russia 2018

After what was largely considered to be a successful World Cup in Brazil, int'l attention "now turns to the next hosts, Russia," according to Rafael Saakov of the BBC. Whether current political tensions between Russia and the West "will have any bearing on the staging of the tournament remains to be ...

Tags: Russia, Finance

07/22/14
Clubs Moving Out Of Harm's Way

As fighting between Ukrainian armed forces and pro-Russian separatists continues in Eastern Ukraine, three football squads based in Donetsk, currently controlled by the separatists, are moving their home games to other cities. A spokesperson for Ukraine's Premier League told SBD Global that Olimpik, ...

Tags: Russia, International Football

07/21/14
Russian GP Could Bring PR Crisis For F1

Fears "are growing that Formula One is steering towards a new public relations fiasco as the sport gears up for the inaugural Russian Grand Prix," according to Kevin Eason of the LONDON TIMES. Leading sponsors were "already nervous about the new race in a country embroiled in the crisis in Ukraine, ...

Tags: Events and Attractions, Russia

07/16/14
Blatter Casts Doubt On Russia 2018 Plans

FIFA President Sepp Blatter "threw an unexpected seed of doubt into Russia's preparations for the 2018 World Cup on Monday when he said that FIFA will discuss the possibility of reducing the number of stadiums to be used there in four years time," according to Mike Collett of REUTERS. Two days after ...

Tags: International Football, Russia

07/09/14
Russian Parliament OKs Beer Adverts

Russian Parliament's passage of a law to allow beer commercials during sports broadcasts is expected to pump fresh revenue into the country's sports business. Some experts, though, say the impact from the measure might not be significant. The move ends a two-year ban on all alcohol commercials. Duma ...

Tags: Russia, Marketing and Sponsorship

07/07/14
RFS To Increase Foreign Coach Tax Levy

The Football Union of Russia (RFS) is to "increase the tax on clubs that employ foreign coaches," according to INSIDE WORLD FOOTBALL. The FUR "already levies a tax on foreign coaches but a commission of coaching excellence" that met on Thursday was "examining how much should actually be paid." Commi ...

Tags: Finance, Russia

06/27/14
Work At Sochi F1 Racetrack Continues

Organizers of the first Russian F1 Grand Prix are continuing with their preparations and announced the opening of another stand, according to the SID. The new construction in the Olympic host city of Sochi "will be located at the end of the start and finish straight and provides seating to 7,000 spe ...

Tags: Events and Attractions, Russia

06/24/14
Russia Finds $88M WC Stadium Overspend

Russia's state Audit Chamber has found that the "design work for its 2018 stadia has been over-priced" by as much as $88M, according to INSIDE WORLD FOOTBALL. The audit of seven stadiums found that the real value of the "design, planning and projection" works was $80M -- not the $171M contracted in ...

Tags: Finance, Russia

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