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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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08/21/13
Closed Moscow Stadium Slows Athletics

All-Russian Athletics Federation President Valentin Balakhnichev said on Tuesday that with the closure of Moscow’s Luzhniki Stadium and no "suitable alternative venue to host track and field events, there is little chance the Russian capital will be able to stage top-level athletics competitio ...

Tags: Facilities, Russia

08/21/13
SportsHub Unveils New Ticketing System

Singapore-based sports complex SportsHub, in a partnership with New Era Tickets, Tuesday announced Sports Hub Tix as its new ticketing system. Powered by a ticketing and marketing technology software, Paciolan, New Era Tickets' system is designed to serve Singapore Sports Hub venues, including ...

Tags: Facilities, Asia

08/20/13
Valcke To Visit World Cup Host Sites

FIFA Secretary General Jerome Valcke will visit three Brazilian host sites of the 2014 World Cup a week after Brazil Sports Minister Aldo Rebelo said that "the country needs to accelerate the construction of some stadiums," according to the AP. Valcke on Monday started his inspection visit to Brazil ...

Tags: Facilities

08/19/13
BRDC Sells Silverstone Racetrack For $63M

Silverstone, the home of British motor racing, "has been sold" -- raising the prospect of a new business and technology park being built beside the famous circuit, according to Sylt & Reid of the London INDEPENDENT. The identity of the buyer of the Northamptonshire race track, which is home to t ...

Tags: Facilities, United Kingdom

08/15/13
Palace Denies Stadium Name Change

EPL side Crystal Palace co-Chair Stephen Browett "reassured fans that Selhurst Park is not about to be renamed The 12Bet Stadium," according to Simon Johnson of the London EVENING STANDARD. Crystal Palace is "in talks over a sponsorship deal with the online betting company but naming rights is not o ...

Tags: Facilities, United Kingdom

08/15/13
Olympic Stadium Costly To Maintain

Securing and maintaining London's Olympic Stadium, the venues and the Olympic Park "has cost the taxpayer" nearly £4M ($6.2M) in the last six months, according to SKY SPORTS. The cost of safety and security of the Olympic Park has cost £2.9M ($4.5M) alone in the six months from January t ...

Tags: Facilities, United Kingdom

08/14/13
Turkey Housing Agency To Build Stadiums

Turkey’s state-run housing agency is "undertaking a comprehensive sports investment program which includes the construction of 20 stadiums and an indoor hall with a 20,000-person capacity," according to the ANADOLU AGENCY. Turkey Housing Development Administration (TOKİ) President Ahmet Haluk ...

Tags: Facilities, Europe

08/14/13
Concepción Stadium Behind Schedule

Former Chilean Football League (ANFP) President Harold Mayne-Nicholls "appears concerned by the lack of progress in the construction of the Municipal de Concepción Stadium, which will be the site of the 2015 Copa America," according to EMOL. Mayne-Nicholls said that "this should generate ...

Tags: Facilities, South America

08/12/13
Home Prices Surge Near Etihad Stadium

Home owners living near Man City’s Etihad Stadium "can celebrate a home win" -- after prices in the area surged 259% in 10 years, according to Mike Keegan of the MANCHESTER EVENING NEWS. A survey by Halifax placed the north Manchester district "at the top of a Premier League table of house pri ...

Tags: Facilities, United Kingdom

08/12/13
Nuremberg Plans To Build New Stadium

Bundesliga club FC Nuremberg "is planning to build a new 3,000-seat stadium for its youth teams," according to NORDBAYERN. The new stadium "will be the home ground for the club's U23 team that competes in the Regionalliga," Germany's fouth-tier league. The U23 team "currently plays its home games at ...

Tags: Facilities, Europe

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