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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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03/13/14
Two-Thirds Of World Cup Matches Sold

More than two-thirds of the World Cup matches "have sold out less than three hours after FIFA opened new ticket sales on Wednesday," according to the AP. Tickets for all Brazil matches "were gone in about an hour, as were the ones for all the quarterfinals and nearly all second-round matchups in the ...

Tags: International Football, Brazil, Australia

03/13/14
Brazil, Argentina To Talk World Cup Security

Leaders of the Argentine Security Ministry and the Federal Police "will present a joint plan" for World Cup security with their Brazilian counterparts at a meeting on Monday at the Argentine Embassy in Brasilia, according to CLARIN. Brazil "is steadily growing more worried about the presence of Arge ...

Tags: Events and Attractions, Brazil

03/12/14
CONCACAF Teams Up With MoneyGram

CONCACAF and its commercial partnership agency, Traffic Sports, announced that money transfer and payment services company MoneyGram will become a sponsor of the CONCACAF Champions League. Under terms of the deal, MoneyGram will have exclusivity in the money transfer category, use of CONCACAF Champi ...

Tags: Marketing and Sponsorship, South America

03/12/14
Brazil Complains About World Cup Ad

Brazil’s football federation said an advert campaign by Hyundai, which promises new car buyers an extra year of warranty if the national team wins the World Cup, "breaches its intellectual property rights," according to Tariq Panja of BLOOMBERG. A Hyundai ad playing on the word “hexa,&rd ...

Tags: Marketing and Sponsorship, South America

03/12/14
Sao Paulo Stadium 98% Complete

Brazilian constructors said that "they have installed the giant roofing structure that collapsed after a crane failure at the stadium hosting the World Cup's opening match in three months," according to the AP. The accident late last year "killed two workers and caused significant damage to the Itaq ...

Tags: Facilities, Brazil

03/10/14
Univ. De Chile Extends Adidas Kit Deal

Chilean first division side Universidad de Chile and adidas on Friday announced a renewal of their kit deal for seven years, with the club receiving a minimum of $4.7M per year, plus potential bonuses, for a guaranteed total of $33M. The new agreement will take effect starting Jan. '15. Universidad ...

Tags: Franchises, South America

03/05/14
World Cup Marks 100-Day Countdown

In 100 days, Brazil "will kick off the World Cup against Croatia in the gleaming new Arena de São Paulo," according to Owen Gibson of the London GUARDIAN. Assuming the stadium "is finished in time." Amid "growing excitement" at the World Cup returning to the home of La Joga Bonito, there "is ...

Tags: International Football, Brazil

03/04/14
Paralympics To Be Broadcast In Brazil

A unique agreement between the Int'l Paralympic Committee, the Brazilian Paralympic Committee and broadcaster Globo will see 35 hours of the 2014 Paralympic Winter Games broadcast in Brazil beginning Friday. The IPC has awarded the broadcast rights in Brazil for Sochi 2014 to the Brazilian Paralympi ...

Tags: Media, Brazil

03/04/14
River, Netshoes Ink Record Sponsorship

Argentine first division side River Plate announced a two-and-a-half year deal with "online sports goods retailer Netshoes" as its sleeve sponsor in a deal worth $3.75M, making it the "most lucrative sleeve sponsorship deal in the history" of Argentine football, according to SOCCEREX. River Plate's ...

Tags: Marketing and Sponsorship, South America

03/03/14
Brazil Stadium Delays Creating Problems

FIFA Secretary General Jerome Valcke said on Saturday that FIFA has been "left with a huge challenge following Brazilian delays in building stadiums for the 2014 World Cup," according to Brian Homewood of REUTERS. Valcke said, "We are working in conditions where the cement is not even dry. ... The b ...

Tags: Events and Attractions, Brazil

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