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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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Tags: People and Pop Culture

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08/13/14
Russian PM Orders Lid On WC Spending

Russian Prime Minister Dmitry Medvedev on Monday ordered the government to keep spending for the 2018 World Cup "in check," according to Gabrielle Tétrault-Farber of the MOSCOW TIMES. Medvedev: "Funds have already been allocated for the construction [of sports facilities, ...

Tags: International Football, Russia

08/11/14
Russia Approves $150M WC Subsidy

The Russian government approved Friday rules on subsidising construction of infrastructure for the 2018 football World Cup for a total of over 5.5 billion rubles ($151 million, 113 million euros). Prime Minister Dmitry Medvedev signed a decree setting out how regions hosting the matches can tap ...

Tags: International Football, Russia

08/08/14
Zenit Sports Complex To Receive $1.5M

Indications that Volgograd will retain host status for the Russia 2018 World Cup "could not have been stronger" with the announcement that the Zenit sports complex in the city will receive 56M rubles ($1.5M) for reconstruction, "enabling it to become one of the training centers" for the tournament, ...

Tags: Facilities, Russia

08/07/14
What They're Saying ...

A number of figures in sports and politics have weighed in on Russia’s viability as a host of an F1 GP in October and the World Cup in ’18 following the Malaysia Airlines Flight 17 plane crash that killed 298 people on July 17 and the ongoing conflict in the Ukraine. One of the first to ...

Tags: People and Pop Culture, Russia

08/06/14
Billionaire Wants More Funds For 2018 WC

The fate of the planned football stadiums in Volgograd and Nizhny Novgorod "has come into question after the billionaire owner of the company set to build the venues threatened to pull out," according to Delphine d'Amora of the MOSCOW TIMES. Gennady ...

Tags: Facilities, Russia

08/04/14
Russian Football Organizations Feuding

An old feud between Russia's main football organizations, the Russian Football Premier League (RFPL) and the Russian Football Union (RFS), rekindled this week as the RFPL head said RFS is on the verge of bankruptcy. RFS would not comment on its financial state. "RFS is on the verge of full bankruptc ...

Tags: International Football, Russia

08/01/14
Adidas Shares Experience Record Plunge

Adidas shares "fell by a record after the world’s second-largest sporting-goods maker slashed its full-year profit forecast, bursting euphoria around the German company less than a month after its national team’s victory in the World Cup," according to Aaron Ricadela of BLOOMBERG. Adidas ...

Tags: Finance, Russia

07/28/14
Clegg: Russia Should Be Stripped Of WC

U.K. Deputy Prime Minister Nick Clegg "has demanded that Russia be stripped of the right to host the 2018 World Cup following the shooting down of a Malaysia Airlines jet by Moscow-backed rebels," according to Shipman & Leppard of the SUNDAY TIMES. Clegg said it would be “unthinkable&rdquo ...

Tags: International Football, Russia

07/28/14
F1 Teams Rule Out Russian Race Boycott

F1 teams said that "they will race in Russia , despite the crisis in Ukraine and downing of a Malaysian airliner, unless the country's debut grand prix in October is called off or they are ordered not to go," according to Alan Baldwin of REUTERS. Williams Deputy Team Principal Claire Williams sai ...

Tags: Leagues and Governing Bodies, Russia

07/24/14
Lawmakers Raise Doubts About Russia '18

Several senior German lawmakers have raised the possibility of stripping Russia of its right to host the 2018 World Cup and the national football federation said that "it was very worried about events following the downing of a passenger plane over Ukraine," according to Madeline Chambers of REUTERS ...

Tags: International Football, Russia

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