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

10/20/14
Barcelona's Lawyer Bill Reaches $1M-Plus

Barcelona Economic VP Javier Faus said the club has spent €900,000 ($1.15M) on lawyers who "in the last year have defended the club in the Neymar case and against FIFA sanctions ," according to LIBERTAD DIGITAL. Faus made the announcement on Saturday during an assembly in front of the club's ...

Tags: Europe, Franchises

10/17/14
Arsenal Defends Payment To Kroenke

Arsenal Chair Chips Keswick has "defended the board's decision" to pay £3M ($4.8M) in "strategic and advisory fees" to the firm of majority shareholder Stan Kroenke, according to Jim Van Wijk of the PA. The club held its Annual General Meeting at the Emirates Stadium on Thursday, "which offere ...

Tags: Franchises, United Kingdom

10/17/14
Lawyer Acquires Serie B Side Bologna

A group of North Americans led by N.Y. lawyer Joe Tacopina "completed the purchase" of "cash-strapped" Serie B club Bologna on Wednesday, according to the AP. Tacopina was named club president and Major League Soccer club Montreal Impact President Joey Saputo is a "large investor." Tacopina and Sapu ...

Tags: Franchises, Europe

10/16/14
Leicestershire Scraps Cricket Dir Role

Leicestershire has "scrapped the role of director of cricket, leaving Phil Whitticase's position unclear," according to the BBC. Interim CEO Andrew Boyce said that the decision "was taken after a review of the coaching structure at Grace Road." Boyce confirmed Whitticase had "technically been made r ...

Tags: Franchises, United Kingdom

10/16/14
Caterham Looking For A New Home Base

F1 team Caterham has confirmed it is looking to leave Leafield and move into a new headquarters as part of ongoing restructuring and stabilizing efforts. Team Principal Manfredi Ravetto said that the team is aware it still faces "bumpy roads" in its fight to revive its fortunes, but said that recent ...

Tags: Franchises, United Kingdom

10/16/14
Atlético Attendance Among Europe's Best

Atlético Madrid's Vicente Calderón stadium is expecting a crowd of more than 50,000 for Sunday's La Liga match against Espanyol, and "more importantly, this will give the club combined attendance at home games in '14 of more than 1 million," according to F.J. Díaz of AS. The clu ...

Tags: Europe, Franchises

10/16/14
Franchise Notes

A member of Red Bull Racing believes Sebastian Vettel "was swayed by the allure of driving for Ferrari, not the opportunity to drive a F1 Championship winning car." Motorsport consultant Helmut Marko believes "the time was right for Vettel to fulfil that dream, or as he called it, the 'myth.'" Marko ...

Tags: Franchises

10/15/14
Drop In Revenue Affects Bonus Payments

Related story: Borussia Dortmund Exceeds Expectations The pockets of Borussia Dortmund bosses Hans-Joachim Watzke and Thomas Treß "were affected by the club's drop in revenue and profit," according to the SID. Dortmund's "drastic decrease in revenue and profit" during the ...

Tags: Europe, Franchises

10/15/14
Drivers Urge Ford To Remain In V8

Ford V8 drivers and Bathurst 1000 winners Chaz Mostert and Paul Morris "reckon it makes no sense and would be commercial suicide for Ford to exit" V8 Supercars, according to the AAP. Reports emerged last Friday that Ford was "planning to leave the sport" when its sponsorship deal with Ford Perform ...

Tags: Franchises, Australia

10/14/14
Mercedes To Offer Hamilton New Contract

Mercedes F1 Exec Dir Toto Wolff is to offer driver Lewis Hamilton "a new contract at the end of the year in a bid to keep him at the team beyond 2015," according to the PA. Hamilton’s current three-year deal expires after next season, with recent speculation suggesting Ferrari driver Fernando ...

Tags: Franchises

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug