Russia

Russian prime minister Dmitry Medvedev has revealed that hosting the 2018 FIFA World Cup will cost over $20.65 billion, more than double of what president Vladimir Putin predicted back in 2010.

The National Basketball Association (NBA) has announced that David Watts is the new vice-president of its Russian arm.

Russia beat off competition from Brazil and Vietnam to win the right to host the 2015 World Taekwondo Championships. The event will be held in the city of Chelyabinsk on September 16-23 of that year.

Russian president Vladimir Putin has signed off a law granting powers to FIFA to stop commerce in areas around venues for the event.

The SportAccord Convention has announced that this year’s edition of the event attracted record attendance, with a 27 per cent increase on 2012’s convention.

SportBusiness Group editorial director, Kevin Roberts, shares his thoughts from the final day at the SportAccord International Convention in St. Petersburg.

Russian president Vladimir Putin has told the International Olympic Committee (IOC) president Jacques Rogge that wrestling is a “fundamental” sport, following its shortlisting to return to the Olympic fold.

SportBusiness Group editorial director, Kevin Roberts, shares his thoughts from day four of the SportAccord International Convention in St. Petersburg.

SportBusiness Group editorial director, Kevin Roberts, gives the lowdown from the third day of the SportAccord International Convention in St. Petersburg.

Panasonic has enhanced its association with the Olympic Movement by signing up as an official supplier to the 2014 Winter Olympics in Sochi, Russia.

NTV Plus has secured the Russian broadcast rights to Spain's Liga Endesa basketball division in a deal until the end of the 2013-14 season. 

Russian Premier League club Zenit St. Petersburg will open its new football stadium on schedule, as the vice-governor responsible for construction denies claims that the venue’s completion will be delayed by two years.

Alexander Djordjadze, deputy CEO of the FIFA 2018 World Cup in Russia, has said the country is struggling to improve its accommodation ahead of hosting the event.

The 2014 Sochi Olympic medals will be unveiled at the International Olympic Committee (IOC)’s meeting in St. Petersburg on May 30.

Russian Premier League football club Zenit St. Petersburg had its appeal against a technical defeat rejected by the Court of Arbitration for Sport today.

Russia’s largest mining company Norilsk Nickel has agreed a deal to provide financial backing to help complete construction of Sochi 2014’s ski resort and Olympic village.

The International Basketball Federation (FIBA) has announced that Moscow will host its 2014 3x3 World Championships, the second edition of the Federation’s showpiece event for the condensed form of the sport.

Russia 2018 deputy CEO Alexander Djordjadze revealed at the Soccerex European Forum that more than one million visitors are expected to arrive in the country for the World Cup in just over five years’ time, as he detailed initiatives designed to treat fans “like kings” during the event.