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Words To Live By: Quotes Of The Year, Part One

Published in SportsBusiness Daily Global on 12 / 22 / 14

No matter how the criminals may justify their actions, there is no justification for crimes committed against civilians, especially against women and children. -- Russian President Vladimir Putin , after suicide bombers killed more than 30 people in Volgograd. I am the master of my socia...

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F1 CEO Sued By German Bank For $422M

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12/19/14
Russian Currency Crisis Drives Up Costs

Salaries of foreign players at Russian clubs have "escalated dramatically as the Russian ruble has plummeted in exchange rate value," according to INSIDE WORLD FOOTBALL. Players, with salaries "generally negotiated in euros, are now putting almost 40% more on club wage bills." If the ruble "continue ...

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12/19/14
Russia's KHL On Verge Of Financial Ruin

The Kontinental Hockey League was envisioned as Russian President Vladimir Putin's "ambitious challenge to the NHL," according to Mirtle & MacKinnon of the Toronto GLOBE AND MAIL. Now, "its survival -- especially of its most vulnerable teams -- may be at stake." With oil prices dropping, Western ...

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12/19/14
Argentina To Help Fund Dakar Rally

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12/19/14
Independiente's Debt Reaches $67M

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12/19/14
Australia To Overturn Tax On Yearlings

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12/18/14
Dresden Increases Stadium Rent Subsidy

German 3rd League football club Dynamo Dresden and the city "have found a solution regarding the city's subsidy toward the club's stadium rent," according to the MDR. The city council decided "to increase its subsidy toward stadium rent" to €1.5M ($1.9M) annually. The increase represents a reli ...

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Lille Records $20.2M Loss In '13-14

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ManU To Spend $612M On Three Players

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