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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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02/06/14
IOC Eyes Games Revamp After Sochi

The IOC "cast its eyes past the most expensive Games ever staged and began to look for ways of revamping the global sporting spectacular," according to Karolos Grohmann of REUTERS. The IOC, which picked Sochi in '07 "despite it having virtually no venues in place," said that it "was time to take ano ...

Tags: Olympics, Russia

02/05/14
Sochi Investors Get Some Relief

Russia's state-run bank Vnesheconombank is to give an extension to investors at Sochi Olympics venues. RIA Novosti quoted Deputy PM Dmitry Kozak, who is in charge of the Sochi Olympics, as saying that Sochi investors will not have to make any credit payments until the fall of '15. Kozak said, "Let's ...

Tags: Olympics, Russia

02/05/14
Stop Using Games For Political Gain

IOC President Thomas Bach said that the Sochi Winter Olympics "are a purely sporting event which should not be used by uninvited guests to score political points," according to Karolos Grohmann of REUTERS. In a clear reference to world leaders who publicly refused to attend the first Winter Games in ...

Tags: Olympics, Russia

02/05/14
Sochi Accomodation Crisis Continues

Russian President Vladimir Putin "has arrived in Sochi to welcome heads of state and top Olympic officials to the Winter Games," according to Roland Oliphant of the London TELEGRAPH. Putin will meet with IOC President Thomas Bach on Tuesday afternoon and "will hold a series of meetings with visiting ...

Tags: Olympics, Russia

02/04/14
Sochi Scrambling To Prep Hotels

Large crates of equipment stand unopened outside the entrance to the plush new Swissotel above Sochi "as it scrambles to be ready for the start of the Winter Olympics," according to Heritage & Pilat of REUTERS. A bricklayer in a woolen hat "puts the finishing touches to a nearby wall, workers in ...

Tags: Olympics, Russia

02/04/14
Russia Closer To Stadium Beer Sales

A leading lawmaker in Russia "has called on the ban on selling beer at sporting events to be lifted ahead of the country hosting the football World Cup in 2018, echoing a similar earlier appeal by President Vladimir Putin," according to RIA NOVOSTI. Igor Rudensky, who heads the Committee on Economi ...

Tags: International Football, Russia

02/03/14
IOC Urges Sochi To Solve Hotel Problems

The IOC "is urging Russian Olympic organizers to move quickly to resolve the issue of accommodations that are not ready for accredited media personnel in the mountains outside of Sochi," according to Stephen Wilson of the AP. The Sochi organizing committee said that "only six of the nine media hotel ...

Tags: Olympics, Russia

01/31/14
Sochi Boss Reaffirms Olympic Security

Sochi Olympic Organizing Committee President Dmitry Chernyshenko said on Wednesday that "Sochi is 'fully ready' and will deliver safe, friendly and well-run Games that defy the grim reports that have overshadowed preparations," according to the AP. Speaking on Russia's first Olympic Games, Chernyshe ...

Tags: Olympics, Russia

01/31/14
Olympians Plea For Anti-Gay Law Repeal

More than 50 current and former Olympians have called on the Russian authorities to reconsider recently introduced anti-gay laws that forbid "gay propaganda" aimed at under-18s and that have led to a wave of homophobic attacks, according to Gibson & Walker of the London GUARDIAN. Some of the 52 ...

Tags: Olympics, Russia

01/30/14
FT: Russians Race To Olympic Finish Line

At Sochi’s Olympic Park last week workers "furiously painted, planted and hammered," according to Courtney Weaver of the FINANCIAL TIMES. They "laid fresh asphalt in the pouring rain and when it was ruined they re-laid it." Inside the Olympic Park, corporate and country-themed pavilions "were ...

Tags: Olympics, Russia

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