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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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10/01/13
Munich Moves Ahead With Olympic Bid

The German Olympic Sports Association (DOSB) is moving ahead with its plans for a bid for the 2022 Olympic and Paralympic Winter Games. At a meeting on Monday in Munich, the 98 member organizations of the DOSB, which represent 27.8 million members, agreed on a concept study which was introduced to t ...

Tags: Olympics, Europe

09/30/13
Sochi Paralympics Tickets Go On Sale

Tickets for next year’s Winter Paralympics in Sochi "went on sale Friday," but Russia’s top Paralympic official "warned the competition could be marred by swathes of empty seats," according to R-SPORT. Russian PM Dmitry Medvedev "was on hand for the start of ticket sales at a small cerem ...

Tags: Olympics, Russia

09/30/13
Olympic Notes

The Olympic flame for the Sochi Winter Games was lit Sunday at a ceremony at the site of the ancient games in Olympia, "kicking off a weeklong relay that will see it travel through Greece before arriving in Russia." At the ceremony attended by senior Olympic and Russian officials, "the flame was lit ...

Tags: Olympics

09/27/13
IOC: Sochi Ready For Games

The IOC said on Thursday the Russian city of Sochi would be ready to host the 2014 Winter Games and a national law banning "gay propaganda" did not violate the Olympic Charter, according to Maxin Shemetov of REUTERS. An IOC delegation said after inspecting facilities in the Black Sea resor ...

Tags: Olympics, Russia

09/27/13
DFB Against Senior Teams At Olympics

German Football Federation (DFB) President Wolfgang Niersbach "has rejected the wish of new IOC President Thomas Bach to have senior national football teams competing at Olympic Games," according to SPIEGEL ONLINE. Niersbach said that "it would not be possible organizationally and crush the other sp ...

Tags: Olympics, Europe

09/26/13
Flooding, Mudslides Rattle Sochi

Russian authorities "declared a state of emergency in Sochi and evacuated a village because of flooding and mudslides" less than five months before the city hosts the Winter Olympics, according to Danilova & Shemetov of REUTERS. Knee-high puddles in the city center "caused long traffic jams afte ...

Tags: Olympics, Russia

09/26/13
Supervisor Says Bobsled Course Is Safe

As Sochi Winter Olympic constructors "put the final touches to the world’s longest bobsled track," its supervisor Vyacheslav Shavlev said that "it was 'one of the safest tracks in the world' with three uphill sections designed to slow competitors who build up a dangerous head of steam," accord ...

Tags: Olympics, Russia

09/26/13
Olympic Notes

The annual cost of an IOC president has shot through the $700,000 barrier. Former IOC President Jacques Rogge's residence expenses amounted to $751,000 in '11 and $709,000 in '12. Apart from these expenses, which cover room rent, living costs, residence taxes and insurance -- and add up to not ...

Tags: Olympics

09/25/13
Cost Of Madrid 2020 Estimated

The full budget for the Madrid 2020 Olympics bid "is due to be made public soon," according to Bruno García Gallo of EL PAÍS. Estimates from official accounts and reports, as well as explanations from members of the bid team, have been compiled to estimate "the direct costs of the capi ...

Tags: Olympics, Europe

09/24/13
Tokyo 2020 A Chance To Revive Economy

With the 2020 Summer Olympics and Paralympics headed to Tokyo, "many see the next seven years as a chance to revive the nation’s moribund economy," according to Kazuaki Nagata of the JAPAN TIMES. Expectations "are rising in a number of industries, not only construction, tourism and sporting go ...

Tags: Olympics, Japan

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