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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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Argentina Hosts Pro-Madrid '20 Bid Race

Argentina, where the 2020 Olympic host site will be announced on Sept. 7, "is also winking at Spain," according to Matilla & Jiménez of AS. The Association of Hispano-Argentina Professionals (AHAP) sponsored a 10K race on Monday with this slogan: "Buenos Aires runs for Madrid 2020." The r ...

Tags: Europe, Olympics

Mixed Olympic Legacy For U.K.

The 2012 London Olympics "left a healthy sheen on Britain’s psyche," but it is "less clear whether British business benefited," according to Burgess & Robinson of the FINANCIAL TIMES. As much as £5.9B ($9.2B) came from business deals brokered during the Games at the British Business ...

Tags: Olympics, United Kingdom

AFI Blamed For Youth Games Fiasco

A "livid" Sports Authority of India on Monday decided to take the Athletics Federation of India to task for the embarrassment it caused to the country after 18 overaged athletes were barred from the Nanjing Asian Youth Games and said that "it would recover the money spent by it on the athletes' airf ...

Tags: Olympics, India

Olympic Notes

After "a week of general diaspora," the Madrid 2020 bid organization is "regrouping this week." Starting Tuesday, the members of the candidacy are "meeting at the Spanish Olympic Committee's (COE) headquarters in Madrid to prepare the final presentation," which will be given in Buenos Aires in Septe ...

Tags: Olympics

Minister: Anti-Gay Law An 'Invented Problem'

Russian Sports Minister Vitaly Mutko said that "the controversy over Russia's law banning the promotion of homosexuality is an 'invented problem' focused on by Western media," according to Justin Palmer of REUTERS. The law, which parliament passed in June, bans "propaganda of non-traditional sexual ...

Tags: Olympics, Russia

IOC Sets Rules For India's Olympic Return

An IOC official said that the organization has "told India­ it must bar all corruption-­tainted officials from its local Olympic body if it wants to return to the Games after being banned last year," according to the AFP. An Indian ­Olympic Games official said that the IOC has "sent a 43-page draft ...

Tags: Olympics, India

Olympic Notes

IOC President Jacques Rogge's replacement "will be voted on three days after the 2020 Olympic host site is determined" on Sept. 7 in Buenos Aires. Until then, "however, Rogge will lead [the IOC]. His influence could be essential in the selection of the winning city." According to statutes, the IOC c ...

Tags: Olympics

IOC Bars Chargesheeted Persons

In a development of far reaching consequences, "corruption-tainted persons will no longer be eligible to contest" in the Indian Olympic Association elections under the revised draft constitution of the IOA sent by its parent body, the IOC, according to the PTI. The world body laid down the provision ...

Tags: Olympics, India

Rio '16 Exec Quits Ahead Of IOC Visit

Olympic Public Authority President (APO) Marcio Fortes, one of "the most senior figures involved" in planning the Rio de Janeiro 2016 Summer Olympics, resigned, "adding to uncertainty over the city's ability to deliver on promises made during its bid," according to Tariq Panja of BLOOMBERG. Fortes, ...

Tags: Olympics, Brazil

IOC Candidate Admits Death Threats

Amateur boxing World President Ching-Kuo Wu, who is standing as a candidate for IOC presidency, revealed that he "has received death threats in the last five years," according to Gareth A. Davies of the London TELEGRAPH. However, Wu insists leading world sport must be done with "no fear." Wu, in Lon ...

Tags: Olympics

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