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Russian Premier League Side Dinamo Moscow Prepares For Revenue Increase In '17

Published in SportsBusiness Daily Global on 06 / 24 / 15

Russian Premier League side FC Dinamo Moscow, banned from Europa League for breaking financial fair play rules, has said the club’s revenues are set to increase substantially as of '17, when its new arena is scheduled to open. "We expect a breakthrough in revenues in two year's time when the n...

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Tags: Finance, Russia

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German TV: Russian Athletes Guilty

A German TV documentary "has made a sensational claim" that 99% of Russian athletes are guilty of doping, according to the IANS. The documentary alleges that "Russian officials have put a system in place to accept payment from athletes to supply banned substances and cover up tests." The program, br ...

Tags: Leagues and Governing Bodies, Russia

Kaliningrad Will Not Lose WC Games

Question marks over whether the 2018 World Cup hosting "would make it to Kaliningrad have been dispelled" by Russian Sports Minister Vitaly Mutko, who said that matches will not be "transferred to another city from Kaliningrad," according to Paul Nicholson of INSIDE WORLD FOOTBALL. In November, Mutk ...

Tags: Events and Attractions, Russia

Report: Russia Took Bribes

The agent for Russian marathon runner Liliya Shobukhova said the runner paid the All-Russia Athletic Foundation €450,000 to avoid a doping suspension in ‘12, according to L’EQUIPE. The allegations arise from a deposition given to the IAAF from Shobukhova’s agent, Andreï B ...

Tags: Leagues and Governing Bodies, Russia

Hotel Chains To Double Russia Presence

Accounting firm Ernst & Young estimates that int'l hotel chains "will double their presence in Russia in the next few years" with rooms belonging to foreign companies set to rise to 61,000 by '20, according to Alexei Lossan of RUSSIA BEYOND THE HEADLINES. Only 50,000 rooms "are estimated to be r ...

Tags: Events and Attractions, Russia

Samara To Spend $1.6B For Russia 2018

More details of infrastructure build and budgeted spends "are emerging for the 2018 World Cup in Russia," according to Paul Nicholson of INSIDE WORLD FOOTBALL. The Samara region is planning to spend more than 77B rubles ($1.6B) in its preparations. The stadium component of the cost is 13.4B rubles ( ...

Tags: Facilities, Russia

Nizhny Novgorod To Begin Construction

A government delegation led by Russian First Deputy PM Igor Shuvalov visited Nizhny Novgorod to check the pace of preparations for the 2018 FIFA World Cup in the city on the Volga River this week. The delegation inspected the site where the future 45,000-seat World Cup stadium will be built. Accordi ...

Tags: Facilities, Russia

Russia Keeping Stadium Budget Fixed

Russian First Deputy PM Igor Shuvalov has said that the "construction spend on stadia for the 2018 World Cup will remain fixed" at $6.4B -- the same figure that was set in '10, according to Paul Nicholson of INSIDE WORLD FOOTBALL. Shuvalov acknowledged that there were "cost issues at other stadiums" ...

Tags: Facilities, Russia

Bernstein Calls For 2018 WC Boycott

Former FA Chair David Bernstein said that Europe’s heavyweight nations "should pull out of the 2018 World Cup finals in Russia" unless FIFA undergoes drastic reforms, according to Mark Cue of the LONDON TIMES. The 71-year-old believes that the FA "must garner support" from within UEFA as FIF ...

Tags: International Football, Russia

Russia Can't Afford To Pay National Coach

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Tags: International Football, Russia

Russia Allocates Another $85M To WC

Russia's government announced a further 4B rubles ($85M) "increase in budget for the 2018 FIFA World Cup," according to Paul Nicholson of INSIDE WORLD FOOTBALL. The new funds "are earmarked for infrastructure and utilities projects." The money "will be allocated from the federal budget." Spending on ...

Tags: Facilities, Russia

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