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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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FBI Probed Threats Against Malcolm Glazer

Newly released documents reveal that the FBI "investigated threats of violence" made against former ManU Owner Malcolm Glazer and his family around the time the late owner of the Tampa Bay Buccaneers was acquiring ManU, according to the AP. Glazer, a self-made billionaire whose '05 takeover of the E ...

Tags: Franchises, United Kingdom, North America

Bayern To Spin Off Basketball Department

Bayern Munich "has decided to separate its basketball department from the main club," according to the SID. The basketball department "was separated from the main club on Oct. 1 and operates under the new name, FC Bayern Munich Basketball GmbH." The new operation "includes the Basketball Bundesliga ...

Tags: Franchises, Europe

Russell Crowe Calls Crown CEO A 'Pelican'

Casino and resort operator Crown CEO Rowen Craigie has "moved to diffuse a spat" brought on by National Rugby League side South Sydney Owner Russell Crowe, who called the casino chief a "pelican" on Twitter on Monday, according to Anthony Klan of the AAP. Crowe tweeted that Craigie "needs to start l ...

Tags: Australia, Franchises

Livingston Chair McDougall Issues Apology

Scottish Championship side Livingston Chair Gordon McDougall has apologized to "furious" Scottish Championship Rangers fans who "bombarded his club with complaints after liquidation jibes in their match programme," according to Craig Swan of the Scotland DAILY RECORD. McDougall responded after "ragi ...

Tags: Franchises, United Kingdom

Canberra Capitals Slash Ticket Prices

The Canberra Capitals insisted that "slashing ticket prices is designed to 'attract more families to the brand' rather than put more bums on seats" as they look to make the WNBL playoffs for the first time in four years, according to Jon Tuxworth of the CANBERRA TIMES. The price for a family ticket ...

Tags: Franchises, Australia

Business as Usual At Caterham F1 Team

The Caterham F1 team has insisted "it is business as usual at Suzuka before the Japanese Grand Prix after a turbulent week saw claim and counterclaim over the seizure of some of the team’s equipment by bailiffs," according to Giles Richards of the London GUARDIAN. Fears they would not be able ...

Tags: Franchises, United Kingdom

Bayern Munich To Refund Traveling Fans

Bayern Munich has "done the incredibly decent thing and refunded the small group of travelling fans who went above and beyond in their endeavours to watch the German club play behind closed doors in the Champions League," according to Chris Wright of ESPN. With CSKA Moscow's Arena Khimki "being clos ...

Tags: Franchises, Europe

Peter Lim's Meriton Presents Proposal

Related stories: Valencia Takeover Talks At Impasse Lim Reportedly Acquires Valencia Singapore billionaire Peter Lim's Meriton Holdings and La Liga side Valencia lender Bankia are "resuming negotiations regarding the refinancing of Valencia's debt and Lim's acquisition ...

Tags: Franchises, Europe

Aston Villa Takeover Talk On Hold

Takeover talk "is still rife" at EPL side Aston Villa -- "but only in the stands," according to Gregg Evans of the BIRMINGHAM MAIL. Supporters continue to "pepper club forums and social networks with chat about the changing hands of ownership." Discussions in the boardroom, "however, have gone quiet ...

Tags: Europe, Franchises

Sauber F1 Aborts Plans For Female Driver

F1 driver Simona de Silvestro has "discovered that when one door closes on a woman driver in Formula One, another shuts," according to Kevin Eason of the LONDON TIMES. Hopes that the sport had "finally found a woman to take her place among the elite next season were dashed" with Sauber announcing it ...

Tags: Franchises, United Kingdom

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