Featured Story

FIFA: Russian Officials Not Worried About Arrests Of FIFA Members

Published in SportsBusiness Daily Global on 05 / 28 / 15

Russian officials have expressed little worry about the recent arrests of FIFA senior officials on charges of corruption, even though the investigation is also looking into FIFA's awarding of the 2018 World Cup to Russia. "This isn't our business," Dmitry Peskov, a spokesperson for President Vladimi...

Read More

Tags: International Football, Russia

More Stories

02/06/15
Oligarchs Unload Sochi Olympics Assets

Russia "vowed to pay for what became the most expensive Olympics of all time by getting super-rich private investors to take the cost from the state," according to Nataliya Vasilyeva of the AP. Instead, as the first anniversary of those Games approaches, "at least two of those oligarchs are quietly ...

Tags: Olympics, Russia

02/06/15
Mutko: Too Late To Reduce WC Venues

Russian Sports Minister Vitaly Mutko said that the number of stadiums across Russia selected to host the matches of the 2018 FIFA World Cup will "remain unchanged as the last chance to review the concept of the much-anticipated global event was in June of 2014," according to ITAR-TASS. Mutko: "We ha ...

Tags: Events and Attractions, Russia

02/05/15
Marussia On Verge Of F1 Comeback

Former Sainsbury CEO Justin King "is leading a consortium trying to save the bankrupt Marussia team with a multi-million pound investment that could put them back on the grid this season," according to Kevin Eason of the LONDON TIMES. King, whose son Jordan "is expected to take his place on the grid ...

Tags: Franchises, Russia, United Kingdom

01/30/15
Alpari RU Extends Deal With Zenit

Alpari RU announced that it has extended its sponsor agreement with Russian Premier League side Zenit St. Petersburg. The sponsorship will run until the end of the current Russian Premier League football season. Starting in February, Alpari and FC Zenit’s partnership will be expanded from a re ...

Tags: Marketing and Sponsorship, Russia

01/30/15
Russia To Cut Budget For 2018 World Cup

Russian Sports Minister Vitaly Mutko said that the country "will cut the budget for hosting the 2018 World Cup as part of plans to slash state expenditure while recession looms," according to the AP. The Russian government is cutting its spending by 10% across the board after the central bank "predi ...

Tags: Events and Attractions, Russia

01/27/15
Workers Leaving Zenit Construction Site

As the ruble continues to lose its value, migrant workers are fleeing the construction site of Zenit Arena, Russia's most expensive football stadium, again raising concerns about the project's timely completion. Mikhail Demidenko, chairman of the construction committee at St Petersburg's City Hall, ...

Tags: Facilities, Russia

01/23/15
Russian Clubs In Crisis Over Ruble

As the Russian ruble's exchange rate tumbles against the U.S. dollar and Euro, and the country's economy goes into crisis mode, athletes and sports clubs are facing tighter budgets and spending cutbacks. With revenue and sponsor contracts budgeted in rubles, payments negotiated in major foreign curr ...

Tags: Finance, Russia

01/23/15
Stadium Costs Similar In Russia, Europe

A comparison of stadium build costs for five of the Russian stadia for the 2018 World Cup, against the cost of football stadiums across Europe, has found that the Russian stadia are coming in at a "comparatively equal cost and half the price of London's Wembley Stadium on a cost per seat basis," acc ...

Tags: Facilities, Russia

01/21/15
Russia Misses Deadline To Pay Capello

The latest deadline against the Russian Football Union to pay national coach Fabio Capello has "passed without action," according to the AP. Capello last received his wages in June "amid financial problems at the RFU," and Russian authorities set a deadline of Monday for him to be paid before pursui ...

Tags: International Football, Russia

01/14/15
Darya Klishina Partners With Skullcandy

Lifestyle and audio brand Skullcandy unveiled its latest ambassador signing, double European Indoor Long Jump champion Darya Klishina. She is currently preparing for the IAAF 2015 World Championships in Beijing ahead of the Rio 2016 Summer Olympics. The 23-year-old Russian also recently took bronze ...

Tags: Marketing and Sponsorship, Russia

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug