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Russia's Second-Tier Football League Proposes Salary Cap After Spate Of Bankruptcies

04 / 25 / 14

The Football National League (FNL), Russia's second tier football league, has proposed a salary cap of 300,000 rubles ($8,400) a month for players as of next season in a bid to improve the financial situation of the league's squads. The league has also proposed to introduce a cap on a player's total...

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Tags: Finance, Russia

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02/20/14
Putting A Roof Over Clients' Heads

Preparing for the Sochi Games was more challenging for Jet Set Sports than any Olympics since Athens. The company, which is the official hospitality supplier of Sochi 2014, has run hospitality programs at 17 Olympics. Its founder, Sead Dizdarevic, is accustomed to last-minute preparations. But the s ...

Tags: Olympics, Russia

02/20/14
Visa Ads Connecting With Customers

Visa caught everyone’s attention in '08 when it aired a congratulatory ad for Michael Phelps the moment after he won his eighth Gold Medal at the Beijing Games. The immediacy of it generated talk among viewers and fellow sponsors. In Sochi, Visa has taken the concept of congratulating Olympian ...

Tags: Olympics, Russia

02/20/14
Sochi Broadcast Output Dwarfs 2010

The IOC said Wednesday that the global broadcast output for the Sochi Winter Olympics "is almost double that of Vancouver four years ago in terms of hours and channels," according to Karolos Grohmann of REUTERS. IOC Television & Marketing Services Managing Dir Timo Lumme said that "more than 102 ...

Tags: Media, Russia

02/20/14
Putin's Ice Hockey Hopes Dashed

Russia lost the $50B Gold Medal Wednesday night as President Vladimir Putin’s party "was wrecked by a middle-aged gatecrasher from Finland," according to Rick Broadbent of the LONDON TIMES. Russian Alexander Ovechkin, one of the most celebrated sportsmen in Russia and a friend of the president ...

Tags: Olympics, Russia

02/19/14
Sochi A Big Topic On Social Networks

With Facebook and Twitter leading the way, both fans and athletes of the Sochi 2014 Olympic Winter Games are making an impression on social media platforms across the globe. Facebook and Twitter are at the forefront of social media activity when it ...

Tags: Olympics, Russia

02/19/14
Dow Pushes Products For Customers

Dow’s Veronika Irkha craned her head back and gazed upward at the white beams climbing from the ground to the roof line of the Bolshoy Ice Dome in the Olympic Park. “Whenever I come in it’s, ‘Wow,’” the Russian chemist-turned-Olympic marketer said. “The whol ...

Tags: Olympics, Russia

02/19/14
IOC Looks At Skateboarding, BMX

Energized by the additions of slopestyle and freeskiing to the Winter Games program, the IOC is weighing the addition of skateboarding and BMX halfpipe and park to the Summer Olympic program for the 2020 Tokyo Games. IOC Sports Dir Christophe Dubi said he expects the IOC to recognize the Int'l Skate ...

Tags: Olympics, Russia, Japan

02/19/14
Sochi Hotels Problems Realized Too Late

The IOC's chief coordinator for the Sochi Olympics said Monday the organization sounded a "red alert" in September because delays in hotel construction "were posing a serious threat to the event," according to Futterman & White of the WALL STREET JOURNAL. IOC Chief Supervisor of the 2014 Olympic ...

Tags: Olympics, Russia

02/19/14
CSKA Punished For Racist Abuse

Russian Premier League side CSKA Moscow will have to play its next European home match behind closed doors "after repeated racist behaviour" by its supporters, according to the BBC. In November, the club had part of its ground shut after Man City midfielder Yaya Toure "was subjected to racist chant ...

Tags: International Football, Russia

02/18/14
Organizers: Injuries Not Weather Related

After a spate of injuries over the last few days, Sochi Olympics organizers "have denied that the alpine conditions caused by warm weather in the first week of the Games were to blame," according to Nick Miller of the SYDNEY MORNING HERALD. In the worst injury of the Games, Russian freestyle skier ...

Tags: Olympics, Russia

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