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New Zealand Rugby Union, Sky TV Sign 'Conditional' Deal For Broadcast Rights

Published in SportsBusiness Daily Global on 10 / 24 / 14

The New Zealand Rugby Union and Sky TV signed "a conditional five-year deal for broadcasting rights from 2016," according to Greg Stutchbury of REUTERS. A final agreement is expected to be signed off by the end of November. NZRU CEO Steve Tew said that no financial details were disclosed "due to the...

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Tags: Media, Australia

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IOC: Sochi Ready For Games

The IOC said on Thursday the Russian city of Sochi would be ready to host the 2014 Winter Games and a national law banning "gay propaganda" did not violate the Olympic Charter, according to Maxin Shemetov of REUTERS. An IOC delegation said after inspecting facilities in the Black Sea resor ...

Tags: Olympics, Russia

Sochi To Speed Up F1 Track Construction

Sochi "has also been burning the midnight oil to prepare its new track for demonstration races taking place on Friday," according to Anna Lidster of AL JAZEERA. The organizing team "has been working day and night to make sure the Sochi Olympic Park Circuit," which is being built around the site of t ...

Tags: Facilities, Russia

Russian Officials Sack Zenit Builder

St. Petersburg officials have canceled a contract with Transstroy, the developer for the $1.1B Zenit Arena football stadium, and are putting out a call for developers. “The annulment of the contract is a technical measure, aimed at ensuring uninterrupted construction of the stadium,” a s ...

Tags: Facilities, Russia

Flooding, Mudslides Rattle Sochi

Russian authorities "declared a state of emergency in Sochi and evacuated a village because of flooding and mudslides" less than five months before the city hosts the Winter Olympics, according to Danilova & Shemetov of REUTERS. Knee-high puddles in the city center "caused long traffic jams afte ...

Tags: Olympics, Russia

Supervisor Says Bobsled Course Is Safe

As Sochi Winter Olympic constructors "put the final touches to the world’s longest bobsled track," its supervisor Vyacheslav Shavlev said that "it was 'one of the safest tracks in the world' with three uphill sections designed to slow competitors who build up a dangerous head of steam," accord ...

Tags: Olympics, Russia

Russian Fund Banks On Sports

Russian investment group Kapital, owned by FC Spartak's Owner Leonid Fedun, has launched a sports investment fund that allows Russian individuals to invest in stock of major sports teams, sports apparel manufacturers, etc. The new fund, Capital, the World's Sports Industry, said it intends to offer ...

Tags: Finance, Russia

Sochi Offers Sochi Delay Warning

Russian President Vladimir Putin "ordered officials to quickly overcome failures and delays in preparing the Sochi Winter Olympics and said he expected nothing less than a 'brilliant Games,'" according to Denis Dyomkin of REUTERS. The Black Sea resort city and Olympic Village "still resemble a const ...

Tags: Olympics, Russia

FIFA Signs With With Gazprom, Coca-Cola

Russian state-owned gas company Gazprom "signed a deal Saturday to sponsor FIFA for a four-year period," including when Russia hosts the World Cup in '18, according to R-SPORT. Gazprom CEO Alexei Miller declined to specify how much Gazprom was paying to sponsor FIFA, saying only that "the sum reflec ...

Tags: Marketing and Sponsorship, Russia

St. Petersburg Bids For Euro 2020

The Russian FA "formally declared Thursday it would propose St. Petersburg as a host city for the 13-nation Euro 2020 football tournament," according to R-SPORT. Euro 2020 "will be held in cities across Europe for the first time under an initiative" from UEFA President Michel Platini. One country "w ...

Tags: Events and Attractions, Russia

Sauber's Mysterious Russian Investors

The announced investment in the Sauber F1 Team by three Russian partners remains wrapped in a mystery as two investors would not provide any specifics regarding their involvement, while collaboration with the third company, the National Institute of Aviation Technologies, is going to be just “ ...

Tags: Franchises, Russia, Europe

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