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National Rugby League Side Gold Coast Titans Fined $263,000 For Salary Cap Breach

Published in SportsBusiness Daily Global on 10 / 24 / 14

National Rugby League side Gold Coast has been fined A$300,000 ($263,000) "and hit with a suspended penalty of four competition points over a salary cap breach in regard to former playmaker Scott Prince," according to the AAP. Prince left the Titans at the end of '12 and the penalty "was issued aft...

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Tags: Leagues and Governing Bodies, Australia

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03/28/14
Crimean Clubs To Join Russian League

The two principal football clubs in Crimea "have reportedly decided to join the Russian league next season despite potential administrative problems and disagreements with the players and fans," according to the AFP. But "with the political upheaval" over Crimea, "both FC Sevastopol and SC Tavriya S ...

Tags: International Football, Russia

03/25/14
NBA Nets Russian Owner Repatriating

NBA Brooklyn Nets Owner Mikhail Prokhorov said on Monday that he planned to "relocate his company" that runs the Nets to Russia "in keeping with the Kremlin's call on Russian businessmen to repatriate their assets to help combat new U.S. sanctions," according to Alexei Anishchuk of REUTERS. The U.S. ...

Tags: Finance, Russia

03/25/14
Russia To Absorb Crimean Club

The Russian Football Union on Monday "confirmed it plans to bring the two Crimean clubs currently in the Ukrainian Premier League over to the Russian league system," according to R-SPORT. The two Crimean clubs in the Ukrainian top flight are '92 champions Tavria Simferopol and FC Sevastopol, "both o ...

Tags: International Football, Russia

03/21/14
FIFA Execs Quizzed About WC Decisions

FIFA Chief Investigator Michael Garcia "made a surprise swoop" on members of the exec committee "who took part in the controversial bids" for the 2018 and 2022 World Cup, according to Martyn Ziegler of the PA. The members were unaware that U.S. attorney Garcia "would be in Zurich waiting to intervie ...

Tags: International Football, Russia, Middle East

03/20/14
Russian Football Plan Requires $6.9B

Russian football chiefs have concluded that "developing Russian domestic football" through '20 will require $6.9B in funding, according to R-SPORT. With its plan named "Development Strategy for football in the Russian Federation through 2020," the Russian Football Union is seeking to develop the spo ...

Tags: International Football, Russia

03/18/14
IPC Boss Declares Sochi Games Closed

Int'l Paralympic Committee President Philip Craven declared the Sochi Paralympics closed Sunday in a ceremony "celebrating the ambition and ability of disabled people," according to R-SPORT. The "uplifting and colorful ceremony" brought down the curtain on nine days of competition which featured 547 ...

Tags: Olympics, Russia

03/18/14
Sochi Olympics Contractor To Fold

Sochi Olympics building contractor Inzhtransstroi said that it "will fold after several lawsuits were brought against it by clients who accuse the company of inflating construction costs," according to the ST. PETERSBURG TIMES. The company said in an online statement that Inzhtransstroi Dir Yefim B ...

Tags: Olympics, Russia

03/17/14
Ecclestone: Day Race For Russia

F1 CEO Bernie Ecclestone "has revealed that this year’s inaugural Russian Grand Prix in Sochi will be held during the day and not at night as was expected," according to Christian Sylt of the London INDEPENDENT. The track "will snake around the venues which hosted this year’s Winter Olym ...

Tags: Events and Attractions, Russia

03/14/14
Ukrainian Basketball Club Quits League

The basketball club Donetsk, based in the Russian-speaking eastern part of Ukraine, has pulled out of the VTB United League as the economic and political situation in the country deteriorates against the backdrop of escalating tensions between Russia and Ukraine over Crimea. The league's directorate ...

Tags: Franchises, Russia

03/13/14
Russia Asks FIFA To Ban U.S. From Cup

Two Russian lawmakers "have responded to calls" made by U.S. senators for FIFA to prevent Russia from hosting the 2018 World Cup by urging FIFA President Sepp Blatter "to expel the United States from this summer’s World Cup in Brazil over the U.S.’s foreign policy," according to Edward C ...

Tags: International Football, Russia, North America

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