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Russian Broadcasters Lose Rights To Crucial Euro Qualifier Over Missed UEFA Payments

Published in SportsBusiness Daily Global on 09 / 01 / 15

On Monday, Russian football fans were shocked by the news that they may be unable to watch a TV broadcast of a crucial Euro 2016 qualifier between Russia and Sweden as two state-run broadcasters, Channel One and VGTRK, lost their TV rights to the tournament. Just days before the game, its TV broadca...

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Tags: Media, Russia

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UFC To Continue Growing Global Brand

UFC is "continuing to boost its global presence for 2015 after staging a record 22 live fight events" outside the U.S. in '14, according to Alan Snel of the LAS VEGAS REVIEW-JOURNAL. UFC in '15 "will stage 23 live fight shows outside the United States." UFC in '13 "staged 10 foreign live fight event ...

Tags: Leagues and Governing Bodies, Asia, South America, Russia

RFU 'Close' To Paying Fabio Capello

The Russian Football Union said that it "is close to paying the national football coach, Fabio Capello, who last received his salary six months ago," according to the AP. Hit by "financial problems," the RFU has been "unable to meet" Capello's reported £6.8M ($10.6M) salary but RFU President N ...

Tags: International Football, Russia

Tinkoff-Saxo Owner Warns Of Team's Demise

Tinkoff-Saxo Owner Oleg Tinkov warned that "he may have to shut down his team if economic sanctions against Russia continue," according to ALL SPORTS. Tinkov questioned why the int'l community, led by the U.S., has "imposed economic sanctions on his homeland." Tinkov "could not resist dropping a bom ...

Tags: Marketing and Sponsorship, Russia

Russia 2018 Facing Budget Deficit

Russian Sports Minister Vitaly Mutko has announced that "a deficit in next year's budget for the 2018 FIFA World Cup means officials must seek financial support from private donors," according to CUSTOMS TODAY. Mutko said, "There is a budget deficit for 2015, so the organizing committee is counting ...

Tags: International Football, Russia

Russian League Courts New Sponsor

In a bid to improve its dire financial situation, the Russian Football Union (RFS) is close to signing a sponsor contract with Russia's largest brewery, Baltika. However, against the backdrop of senior officials' statements that the organization is in a "pre-bankruptcy" state and its president's job ...

Tags: Marketing and Sponsorship, Russia

Ludogorets Arena To Recieve More Cash

Bulgaria's Ludogorets Razgrad will receive an additional BGN 1M ($612,800) from the Razgrad Municipality "to continue the renovation of its stadium, the Ludogorets Arena," according to Alexander Krassimirov of INSIDE WORLD FOOTBALL. Construction workers "are currently working around the clock" to co ...

Tags: Facilities, Russia

Russian Currency Crisis Drives Up Costs

Salaries of foreign players at Russian clubs have "escalated dramatically as the Russian ruble has plummeted in exchange rate value," according to INSIDE WORLD FOOTBALL. Players, with salaries "generally negotiated in euros, are now putting almost 40% more on club wage bills." If the ruble "continue ...

Tags: Finance, Russia

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 ...

Tags: Finance, Russia

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 ...

Tags: Finance, Russia

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

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