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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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08/14/14
Franchise Notes

La Liga side Valencia received communication from Peter Lim "calling for an urgent meeting in Singapore on Thursday." Friday "marks the deadline" for Valencia lender Bankia and Lim's Meriton Holdings to reach an agreement on the sale of the club. Valencia President Amadeo Salvo will travel to Singap ...

Tags: Franchises

08/13/14
Newcastle Scraps Free Tickets

EPL Newcastle United Owner Mike Ashley "has angered the club’s coaching staff after withdrawing their complimentary ticket allocation," according to Craig Hope of the London DAILY MAIL. Manager Alan Pardew’s No. 2 John Carver, former England int'l Steve Stone and goalkeeping coach Andy W ...

Tags: Franchises, United Kingdom

08/13/14
Lim Reps To Meet With Valencia President

With "the 15th of August approaching at full speed," the agreement between Peter Lim's Meriton Holdings and La Liga side Valencia lender Bankia is yet to be signed, according to Diego Picó of MARCA. Nevertheless, Lim's "strong men" were scheduled to meet with Valencia President Amadeo Salvo i ...

Tags: Europe, Franchises

08/12/14
Ex-FA CEO Takes Over League Two Side

Former FA CEO Mark Palios "has taken ownership" of League Two side Tranmere Rovers along with his wife, Nicola, after the pair "bought out the majority of Peter Johnson’s controlling stake," according to Tony Barrett of the LONDON TIMES. Palios, a former Tranmere player who made more than 280 ...

Tags: Franchises, United Kingdom

08/12/14
Barcelona To Take 2015 Preseason Tour

The "big difference" between this preseason and those in previous years for Barcelona is that the club has "avoided an overseas tour that would be economically profitable but hardly advisable from a football standpoint, especially during a summer featuring a World Cup," according to Javier Gasc&oacu ...

Tags: Europe, Franchises

08/12/14
La Liga Valencia Fans Taking Action

La Liga side Valencia's fans have scheduled a protest for Wednesday afternoon, "when they are expected to protest against the delay in the sale of the club," according to SUPERDEPORTE. The Valencia fan base is "even proposing to form a symbolic human chain around the stadium." There is "also an effo ...

Tags: Franchises, Europe

08/11/14
Puma Confirms Interest In Dortmund

Puma CEO Björn Gulden confirmed the company's interest "in entering a strategic partnership with Borussia Dortmund," according to REUTERS. Gulden said in an interview, "It's a possibility." There "have been rumors that Puma wants to purchase a stake in Germany's only publicly traded club" since ...

Tags: Franchises, Europe

08/11/14
D.C. United, Sunderland Enter Partnership

Major League Soccer side D.C. United on Friday "announced a partnership" with EPL side Sunderland, according to Martin Pengelly of the London GUARDIAN. The two clubs, which already had a “friendship agreement,” will now share “expertise, benefit and promotion” on both sides o ...

Tags: Franchises, United Kingdom, North America

08/08/14
Botafogo Unable To Pay Player Salaries

Brasileiro side Botafogo "is in crisis, unable to pay its players" after debts totaling more than 700M reais ($307M) led authorities "to freeze its accounts," according to Tariq Panja of BLOOMBERG. The Rio de Janeiro-based team "hasn’t paid some players in more than three months." Accounts sho ...

Tags: Franchises, Europe

08/08/14
Proposed Logo Change Causes Stir

Proposed new logo vs. current logo Fans of 2nd Bundesliga club FSV Frankfurt "protested the club's proposed logo change with a sign at the club's away game in Heidenheim on Sunday," according to Ingrid Geuckler- ...

Tags: Franchises, Europe

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