Menu
International Football

Russian Premier League Boss Awakens Feud With Claim RFS Is Nearly Bankrupt

An old feud between Russia's main football organizations, the Russian Football Premier League (RFPL) and the Russian Football Union (RFS), rekindled this week as the RFPL head said RFS is on the verge of bankruptcy. RFS would not comment on its financial state. "RFS is on the verge of full bankruptcy and its heads are doing nothing to improve the situation," Sergei Pryadkin, the head of RFPL, which runs the Russian league's top tier's competition, told newspaper Sport Express. "Moreover, the organization's general secretary Anatoly Vorobyov is explaining everything by some kind of  'economic blockade.'" Pryadkin also wondered where $2M per season raised by RFS from fines slapped on the squads and another $6.7M in TV rights go.

HINTS OF TROUBLE: Igor Vladimirov, head of RFS' information policy department, told SBD Global, "We won't respond to these accusations." However, he declined to comment on the organization's finances. Meanwhile, RFS is widely believed to have had financial problems since its sponsor contract with the natural gas giant Gazprom expired in late '12 and was not renewed. The arrival of smaller sponsors, such as the country's second largest gas producer, Novatek, and Chinese telecom company Huawei, has apparently failed to completely compensate for the loss of the Gazprom deal. Relations between RFPL and RFS have been strained since Nikolai Tolstykh was elected the latter organization's president in 2012. Incidentally, Pryadkin worked at RFS for several years and held the No. 2 position of general director before moving to the RFPL.
Vladimir Kozlov is a writer in Moscow.

SBJ Morning Buzzcast: April 25, 2024

Motor City's big weekend; Kevin Warren's big bet; Bill Belichick's big makeover and the WNBA's big week continues

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2014/08/04/International-Football/Russian-Feud.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2014/08/04/International-Football/Russian-Feud.aspx

CLOSE