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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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10/21/14
Facility Notes

Ukrainian football club Shakhtar Donetsk's Donbass Arena "suffered serious blast damage from shelling on Monday despite a ceasefire agreed between the Ukraine government and Russian-backed separatists." Photographs posted on Twitter "showed damage to the glass facade of the stadium in eastern Ukrai ...

Tags: Facilities

10/20/14
Lord's Reveals Renovation Blueprint

An ambitious "Blueprint for Lord's," the "home of cricket for 200 years, reveals plans to develop the Nursery and Pavilion Ends as well as building a museum, library, sports clinics and tennis courts," according to Nick Johnstone of the London TELEGRAPH. It also "includes proposals for two 11-storey ...

Tags: Facilities, United Kingdom

10/20/14
Romanian Club Unveils $19M Upgrade

Romanian football club Pandurii Targu Jiu has announced plans to invest about €15M ($19M) to "expand and modernise its stadium," according to Jaroslaw Adamowski of INSIDE WORLD FOOTBALL. The club is aiming to launch the project in '15 and "carry out the construction over the following 18 m ...

Tags: Facilities, Europe

10/17/14
Sydney Scraps Centre Of Excellence Plans

A-League side Sydney FC's plan to build a "Centre of Excellence at Tempe has been scrapped with the club withdrawing its tender for a site there in favour of upgrades to its present training base in North Ryde and the Moore Park precinct," according to Dominic Bossi of the SYDNEY MORNING HERALD. Mac ...

Tags: Facilities, Australia

10/17/14
FIFA Confident Zenit Arena Will Be Ready

FIFA has "no doubts" the Zenit Arena in St. Petersburg will be "completed in time" for the 2018 World Cup after an inspection on Thursday, according to the AFP.  After his team "toured the construction site of the 70,000-seat venue," FIFA Inspection Committee Head Christian Unger said, "There a ...

Tags: Facilities, Russia

10/16/14
Russia Considering Reducing WC Budget

Russia 2018 World Cup CEO Alexei Sorokin said that Russia's budget for hosting the World Cup "may face a squeeze as the ruble's fall against the U.S. dollar makes imported construction materials more expensive," according to the AP. The ruble has fallen by "almost a third against the dollar since th ...

Tags: Facilities, Russia

10/16/14
Stade Velodrome To Be Inaugurated Thursday

The Stade Velodrome, expanded for the Euro 2016, will be "officially inaugurated Thursday after more than three years and €268M ($341.7M) of work," according to the AFP. The Velodrome has "seen its maximum capacity go from 60,000 seats to 67,000" and is "equipped with a huge white 65,000-squar ...

Tags: Facilities, Europe

10/15/14
Commerzbank Extends Stadium Deal

Bundesliga side Eintracht Frankfurt "has reportedly extended the stadium naming rights deal with Commerzbank until '20," according to BILD. Commerzbank, which has been the stadium's naming-rights partner since '05, will pay €3.5M ($4.4M) annually for the rights. The current contract between the ...

Tags: Facilities, Europe

10/14/14
Reds To Sell Main Stand Naming Rights

Related story: Liverpool Considers U.S. A Growing Market Liverpool is "considering selling the naming rights for the new main stand at Anfield" in a bid to finance the £75M ($120M) redevelopment cost of the stadium, according to the London GUARDIAN. Liverpool City Counci ...

Tags: Facilities, United Kingdom

10/14/14
Horse Training Track Gets Green Light

With its "space-age design, it would not look out of place in a theme park but its creator claims it will revolutionise the training of racehorses," according to Marcus Townend of the London DAILY MAIL. Planning permission "has already been approved for the construction of the mile-long monorail sys ...

Tags: Facilities, United Kingdom

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