Mutko steps in to quell fears on 2018 stadium build budgets

Vitaly Mutko

By Paul Nicholson
August 5 – Russian sports minister Vitaly Mutko has reacted quickly to comments coming from Russian construction company Stroitransgaz, owned by Gennadiy Timchenko, which said that the company would pull out of the build of the stadiums in Volgograd and in Nizhniy Novgorod if the government did not increase the budget available.

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ICSS brings Securing Sport summit to London

ICSS logo

August 5 – With existing and emerging threats to sport on the increase, Securing Sport, the international conference organised by Qatar-based integrity watchdog the International Centre for Sport Security (ICSS) is being staged in London for the first time.

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David Owen: Splashing the cash in the glory game

Cum pre-tax profit1.1 copy 2

Top football clubs are different to other businesses. Whereas most companies exist to generate wealth for their shareholders, football clubs must balance this against the pursuit of trophies. Of course, the two aims are linked, or can be: mountains of silverware will increase a club’s popularity, tending to make it more valuable and, hence, to enable its owners, should they so choose, to sell it at a profit.

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