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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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Football Leagues Get 25% Rights Bump

Growth in TV rights deals in Germany and England "lifted broadcast revenues" of Europe’s top five football leagues 25% to a combined €5B ($6.7B) a season, according to Tariq Panja of BLOOMBERG. TV Sports Markets, an information provider for broadcasters and sports organizations, said in i ...

Tags: Media, United Kingdom, Europe

Silverstone To Be Sold For $16M

Recently released documents revealed that Silverstone, the historic race track which hosts the F1 British Grand Prix, "is to be sold" for little more than £10M ($16M), according to Christian Sylt of the London INDEPENDENT. The sale price "stands in stark contrast to the construction cost of pu ...

Tags: Facilities, United Kingdom

Sky Shares Tumble Following Rights Loss

Shares in Sky Broadcasting "took a battering" Monday after rival BT snatched the U.K. Champions League TV rights, according to Pan Pylas of the AP. The loss of the rights, which it had shared with terrestrial broadcaster ITV, "represents a big blow for the satellite broadcaster as it has built its b ...

Tags: Media, Europe, United Kingdom

ManU Most Influential Football Brand

ManU has been named "the most influential football club brand in the world, ahead of their arch rivals Liverpool," according to the London INDEPENDENT. ManU was "praised for their huge commercial presence and for being the best at maximising retail partnerships." Judges "casting their eye over sport ...

Tags: Marketing and Sponsorship, United Kingdom

Kenya To Set Up Anti-Doping Task Force

Kenya "is to commission an anti-doping task force to look into the alarming surge in positive drug tests among top-level athletes in the country," according to the PA. WADA officials "had grown increasingly frustrated with Kenya's failure to indicate its willingness to investigate the reasons why 17 ...

Tags: Leagues and Governing Bodies, United Kingdom

Dispute Over SPFL Reorganization Costs

The Scottish FA "will hope to resolve a potentially damaging dispute with clubs over the cost of league reorganisation when its board meets in December," according to Clive Lindsay of the BBC. Some former Scottish Football League clubs said that the SFA promised to meet the full £1M ($1.6M) bi ...

Tags: Leagues and Governing Bodies, United Kingdom

LTA Slashes Funding For Doubles Players

The Lawn Tennis Association "has announced a dramatic cut in elite player funding, with all financial support being withdrawn from Britain’s doubles specialists and any singles players aged over 24," according to Simon Briggs of the London TELEGRAPH. The move "is expected to reduce the number ...

Tags: Leagues and Governing Bodies, United Kingdom

Rangers Manager Approves Of New Chair

Scottish League 1 Rangers Manager Ally McCoist is confident new Rangers Chair David Somers "knows what he has got himself into after a constructive first meeting yesterday," according to Euan McLean of the Scotland DAILY RECORD. McCoist came "face to face with the new Ibrox figurehead whose controve ...

Tags: Franchises, United Kingdom

Premier League Hails Piracy Victory

The Premier League has hailed a "significant win" in its "ongoing battle against piracy and Intellectual Property (IP) theft after the Federation Against Copyright Theft (FACT) secured a successful conviction against a website that had been illegally streaming live games," according to SOCCEREX. T ...

Tags: International Football, United Kingdom

BT Sport Wins Champions League Rights

BT has "achieved its biggest sporting coup yet over Sky," winning the rights to show Champions League football matches in a £900M ($1.4B) deal, according to Mance & Thomas of the FINANCIAL TIMES. The deal, announced on Saturday, "strikes at the heart of two decades of football broadcasting ...

Tags: Media, United Kingdom

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