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Words To Live By: Quotes Of The Year, Part One

Published in SportsBusiness Daily Global on 12 / 22 / 14

No matter how the criminals may justify their actions, there is no justification for crimes committed against civilians, especially against women and children. -- Russian President Vladimir Putin , after suicide bombers killed more than 30 people in Volgograd. I am the master of my socia...

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12/19/14
Russia's KHL On Verge Of Financial Ruin

The Kontinental Hockey League was envisioned as Russian President Vladimir Putin's "ambitious challenge to the NHL," according to Mirtle & MacKinnon of the Toronto GLOBE AND MAIL. Now, "its survival -- especially of its most vulnerable teams -- may be at stake." With oil prices dropping, Western ...

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12/18/14
Russia Confident Despite Financial Unease

Russian Football Union President Nikolay Tolstykh said that Russia "considers no plans to give up the 2018 FIFA World Cup, despite an easy financial situation in the country caused by the ruble's slump," according to ITAR-TASS. Tolstykh: "The issue of Russia’s refusing to host the World Cup is ...

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12/17/14
Dick Pound To Investigate Allegations

Former World Anti-Doping Agency President Dick Pound will "head an independent commission investigating allegations of systematic doping and cover-ups in Russia," according to the PA. The lawyer will chair the three-man commission and will be joined by a "fellow Canadian, Professor Richard McLaren, ...

Tags: Leagues and Governing Bodies, Russia

12/15/14
KHL Side Atlant In Financial Trouble

Atlant, a KHL hockey club based in Mytishchi, Moscow region, is facing financial problems and, according to some reports, might sell players to stay afloat. "The club's management is trying to improve the situation and is looking for ways to come out of the current crisis," General Dir Alexei Kudash ...

Tags: Franchises, Russia

12/15/14
Russians Allocate $83M To Crimea

Last week UEFA announced it was "banning clubs in the annexed Crimea region of Ukraine" from playing in any Russian-organized football competitions, according to Paul Nicholson of INSIDE WORLD FOOTBALL. This week the Russians have announced an $83M aid package to "rebuild Crimean sports infrastructu ...

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12/15/14
Volgograd Stadium To Be Completed In '17

Local government officials said that Volgograd's new football stadium for the 2018 World Cup in Russia, being built on the site of the old Central Stadium, "will be completed in November 2017," according to Paul Nicholson of INSIDE WORLD FOOTBALL. A government contract "has already been signed" for ...

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12/11/14
Ukrainian Woes Hit Football Clubs

Ukraine's football clubs' financial situation is growing worse against the backdrop of the struggling economy and the national currency, hryvnia, continuing to fall against the dollar. "The situation is difficult, and some clubs are facing serious financial problems," a spokesperson for the Ukrainia ...

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12/11/14
Russia Estimates Increase In Tourists

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12/09/14
Russian Denies Parma Acquisition

Russian football club Anzhi issued a statement denying reports in the local media that its billionaire owner Suleiman Kerimov could be involved in the acquisition of Serie A side Parma by unnamed Russian entrepreneurs. The statement quoted Anzhi General Dir Sergei Korablev as saying that Kerimov is ...

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12/05/14
German TV: Russian Athletes Guilty

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