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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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Dusseldorf EG Threatened With Bankruptcy

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Bundesliga Breaks €2B Revenue Mark

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Tottenham Loses $6.8M In '11-12

EPL side Tottenham Hotspur posted a loss of £4.3M ($6.8M) last season mainly because it did not play in the Champions League, according to Ken Ferris of REUTERS. Revenue was £144M ($228M), a 12% "decline from the record level" of £163M posted in the previous period "primarily due t ...

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Reebok India Faces Heat From SFIO

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Titans CEO Wants Salary Cap Sorted Out

National Rugby League Gold Coast Titans CEO David May has urged the Australian Rugby League Commission to sort out the "messy situation" that has left the code without a definitive salary cap figure just six weeks from the '13 premiership kick-off, according to Peter Badel of the COURIER-MAIL. The R ...

Tags: Australia, Finance

Rapid Vienna Lost $4.4M During '11-12 FY

Austrian Bundesliga club Rapid Vienna, which failed to qualify for the Europa League last season, lost almost €3.3M ($4.4M) during the '11-12 fiscal year, according to Alexander Huber of the KURIER. The club's numbers "were published by the Austrian association for the protection of creditors, ...

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EBay To Stop Ticket Auctions In U.K.

EBay will stop selling tickets to concerts, gigs and sports events on its U.K. website as the company "attempts to revitalise the ailing U.K. arm of its ticket reselling business," according to Duncan Robinson of the FINANCIAL TIMES. Advertisements for StubHub -- the ticket reselling website that eB ...

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Forbidden Technologies' Revenues Surge

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Reebok's Discontent In India

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