Featured Story

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...

Read More

Tags: Leagues and Governing Bodies, Australia

More Stories

07/25/14
England WC Exit Hits U.K. Pub Operators

Leading British pub chains said that England's "dismal World Cup campaign in Brazil was doubly disappointing for Britain's pub operators," with the team's early exit prompting football fans "to stay at home to watch the rest of the tournament," according to Neil Maidment of REUTERS. Mitchells & ...

Tags: Finance, United Kingdom

07/25/14
RFEF Announces '13 Profits Of €2.2M

The Spanish Football Federation (RFEF) on Thursday approved its financial results from '13 and its '14 budget at its annual assembly, according to the EFE. The RFEF's '13 results included profits of €2.2M and its budget for '14 will be €126.2M ($170M). The body's budget during the previous ...

Tags: Finance, Europe

07/24/14
London Olympics Deals Have Yielded $24B

British PM David Cameron reported a "four-year target" of raising £11B ($18.7B) for the U.K. economy from deals signed during the 2012 London Olympics has been "surpassed two years early," according to STV. Contracts, sales and foreign investment linked to U.K. Trade and Industry's British Bus ...

Tags: Finance, United Kingdom

07/24/14
ISL Clubs Shell Out $4M On Player Draft

Football franchises spent around Rs 24 crore ($4M) in the two-day domestic player draft for the inaugural Indian Super League, according to the PTI. IMG Senior VP Jefferson Slack said, "The Rs 24 crore that was spent (by franchises) was a lot of money. We got into this venture three and a half years ...

Tags: Finance, India

07/23/14
AC Milan's U.S. Tour To Bring In $4.7M

Serie A side AC Milan's preseason tour of the U.S. and Canada will "reportedly bring in" as much as €3.5M ($4.7M) in revenue, more than Inter and Roma, according to FOOTBALL ITALIA. The club's four-game tour begins with Thursday's friendly with Olympiacos in Toronto. Milan will then take on Man ...

Tags: Finance, Europe, North America

07/23/14
Int'l Attention Turns To Russia 2018

After what was largely considered to be a successful World Cup in Brazil, int'l attention "now turns to the next hosts, Russia," according to Rafael Saakov of the BBC. Whether current political tensions between Russia and the West "will have any bearing on the staging of the tournament remains to be ...

Tags: Russia, Finance

07/22/14
Ecclestone Not Buying Back F1

F1 CEO Bernie Ecclestone "has denied recent reports that he is planning to mount a takeover of Formula One and increase his 5.3% stake in the auto racing series," according to Christian Sylt for FORBES. Earlier in July Ecclestone was quoted saying "it is possible" he could buy back F1 from its large ...

Tags: Finance, Europe

07/22/14
La Liga Transfer Spending At $354M

Three weeks after "the opening of the transfer market," La Liga clubs have spent a total of €262M ($354M), according to José Luis López of MUNDO DEPORTIVO. With a "month-and-a-half remaining, the figure could increase considerably." La Liga, however, remains "far behind the quanti ...

Tags: Europe, Finance

07/21/14
EPL Spent $615M On Transfers So Far

Premier League "transfer spending this summer has risen" by £60M ($103M) from the same point last year, according to the BBC. The increase, to £360M ($615M) from £300M in July '13, "means this transfer window is likely to surpass the record" of £630M set last year, according ...

Tags: Finance, United Kingdom

07/18/14
F1 Shareholders To Split $1B Payout

Investors in F1 are to share a $1B payout through a "refinancing that will pave the way for a future change of control of the sport," according to Mark Kleinman of SKY NEWS. F1 parent company Delta Topco is "arranging a deal known as a dividend recapitalisation which involves increasing a company's ...

Tags: Finance, United Kingdom

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug