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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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Cardiff Adds 'Unique' Stadium Features

EPL Cardiff City has "immediately started planning for life in the top tier of English football," according to Joe Strange of the London DAILY MAIL. More than £30M ($47M) was invested in new players over the summer, and "so far that ambition appears to be paying off." It is "not just on the pi ...

Tags: Franchises, United Kingdom

Recipe For Yankees-Man City Partnership

N.Y. Yankees President Randy Levine told SBD Global that the partnership between the MLB franchise and Premier League side Man City is close to naming someone to run NYC FC's business operations, as the Yankees work "collaboratively" with Man City on the business side. The two partnered in May a ...

Tags: Franchises, North America, United Kingdom

Brumbies Could Stay Longer At AIS

The Australian Capital Territory Super League Brumbies "will consider basing their rugby program at the Australian Institute of Sport for the entire 2014 Super Rugby season to avoid a disruptive move in the middle of the campaign," according to Chris Dutton of the CANBERRA TIMES. The Brumbies "have ...

Tags: Franchises, Australia

Rangers To Announce Boardroom Moves

A truce "is expected to be called in the civil war for control" of Scottish League 1 Rangers, according to Scott McDermott of the Scotland DAILY RECORD. An announcement is expected before the weekend which will see former Dir Paul Murray and PricewaterhouseCoopers CEO Frank Blin "appointed ...

Tags: Franchises, United Kingdom

Mumbai Tigers Drop Out Of I-League

Just days before the start of the new season, one of the I-League's two new inductees, the Mumbai Tigers, has informed the All India Football Federation that "it is withdrawing from this season's competition," according to Mark Baber of INSIDE WORLD FOOTBALL. The AIFF website reported, "The Mumbai b ...

Tags: Franchises, India

Saudi Prince Buys Stake In Sheffield

League One Sheffield United received a financial boost on Tuesday when Saudi Arabian Prince Abdullah bin Mosaad bin Abdulaziz Al Saud bought a 50% stake in the club and "promised fresh investment," according to Keith Weir of REUTERS. The club named Prince Abdullah as the new investor, "adding that ...

Tags: Franchises, United Kingdom, Middle East

Boca Juniors To Allow Ticket Transfers

Argentine first division side Boca Juniors has launched a program called "Abono solidario" ("Season tickets support") so that "there will never be an empty seat at the team's stadium, making it an intimidating atmosphere for opponents," according to OLE. The program "allows season-ticket holders who ...

Tags: Franchises, South America

Franchise Notes

The British Basketball League approved a change of ownership for Surrey. The franchise will now be known as Surrey United and will continue to play its home games at Surrey Sports Park. The new ownership is a joint venture between Surrey Sports Park and the London United Basketball Club ( BBL ). ... ...

Tags: Franchises

Heart Of Midlothian Thankful For Support

Scottish Premiership Heart of Midlothian Manager Gary Locke "has thanked supporters for supporting the Foundation of Hearts but warned: 'It's going to take several years to get the club back up to its feet,'" according to David Gunn of the SCOTSMAN. Locke spoke Monday after the "first direct debits ...

Tags: Franchises, United Kingdom

Rangers Look To Avoid Costly Meeting

Scottish League 1 Rangers said that "a deal to spare the club the cost of an extraordinary general meeting has still not been reached but talks are continuing," according to the Scotland DAILY RECORD. A group of "disgruntled shareholders" led by engineering firm Clyde Blowers Chair Jim McColl have c ...

Tags: Franchises, United Kingdom

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