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Published in SportsBusiness Daily Global on 11 / 26 / 14

The Greek Super League elected Asteras Tripolis President GIORGOS BOROVILOS as president on Monday "after he secured 13 votes out of the 16 teams in the league," with Panthrakikos President DIMITRIS TZELEPIS elected as his deputy ( REUTERS, 11/25 ). ... The NBA announced that JAN MENNEKEN h...

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10/08/14
Russian, Israeli Funds Invest In App

Investment funds Leta Capital, Cedar Fund, Titanium Investments and a group of individuals have invested $5.5M in the Israeli sports mobile application 365Scores. "This is our first investment in a sports-related mobile app," Sergei Toporov, senior investment manager at Russia's Leta Capital, the le ...

Tags: Finance, Russia, Middle East

10/01/14
Mutko: WC Construction Costs Mounting

Russian Sports Minister Vitaly Mutko said that while the plans for infrastructure build in 11 cities for the 2018 World Cup are unchanged, "costs of construction are mounting," according to Paul Nicholson of INSIDE WORLD FOOTBALL. The original stadium infrastructure cost was estimated at 100B rubles ...

Tags: Facilities, Russia

09/29/14
CSKA To Play Behind Closed Doors

CSKA Moscow's Champions League home game with Man City is "one of three fixtures the Russian club expect to play behind closed doors" because of the "violence perpetrated by fans before their 5-1 Group E defeat at Roma" on Sept. 17, according to the BBC. CSKA were "already due to play Bayern behind ...

Tags: Franchises, Russia

09/22/14
Russian Club Seeks Help Finding Sponsor

The struggling Russian Premier League football squad Torpedo Moscow is looking for a shirt sponsor and hoping for assistance from the Moscow city government, which reportedly owns a 75% stake in the club. Meanwhile, another top-flight club, CSKA, signed a sponsorship deal with a local bank. A spokes ...

Tags: Marketing and Sponsorship, Russia

09/22/14
Official Says Russian GP Will Go Ahead

A senior government official in Moscow insisted that the inaugural Russian Grand Prix "will go ahead despite warnings from Nato that a ceasefire with the Ukraine has not held," according to Kevin Eason of the LONDON TIMES. With just three weeks to the first grand prix on Russian soil, F1 "is wonderi ...

Tags: Russia, ING, ACC, MMA, SEC, Olympics

09/12/14
Zenit Arena Contracts Tendered

St. Petersburg city officials have "launched a tender for the completion of the Zenit Arena, which is currently being built on Krestovskiy island for the 2018 World Cup," according to INSIDE WORLD FOOTBALL. The 61,251-capacity stadium will cost about €934M ($1.2B). The total value of the contra ...

Tags: Facilities, Russia

09/12/14
Russia Considers 'Radical' Football Plans

Russia's national football team "could compete in the Russian League" for the '17-18 season "as part of a radical plan" put forward by Russian General Secretary Anatloiy Vorobyev, according to Sean Fay of EUROSPORT. Vorobyev "suggested the idea to help the Russian team prepare for the 2018 World Cu ...

Tags: International Football, Russia

09/05/14
Vatanen Calls For Russian GP Cancellation

Ari Vatanen, who works with FIA President Jean Todt, said that Todt has "privately expressed concerns about the controversial Russian Grand Prix but he is unable to speak freely" because his "hands are tied" on the issue, according to Daniel Johnson of the London TELEGRAPH. A potential "stalking hor ...

Tags: Events and Attractions, Russia

09/03/14
Snoozebox To Provide Hotels At '18 WC

Snoozebox said on Thursday that "it had struck a deal to supply Saransk in Russia with pop-up hotels for fans attending the 2018 World Cup," according to Kasmira Jefford of CITY AM. The operator of portable hotels at events such as the British Grand Prix confirmed it had signed a preliminary agreeme ...

Tags: Facilities, Russia

09/02/14
Putin Rules Out Cutting World Cup Venues

Russian President Vladimir Putin "has ruled out cutting any of the 11 host cities for the 2018 World Cup despite repeated recommendations" from FIFA President Sepp Blatter, according to the AP. Blatter raised the issue again "when he traveled to Russia earlier this month for a series of meetings wit ...

Tags: International Football, Russia

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