KHL Expenditures, Sustainability, and the Looming Economic Crisis
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11-26-2008, 07:43 AM
Join Date: Jun 2003
KHL i& GazProm n crisis- World Economy kills it!
Russian Hockey is in danger with its high ambitions for 08/09 season. KHL league lost its top sponsor GazProm (Gas Company).
NEWS from FHR web site (link:
Original sourse is reputable ITAR TASS agency which it gives information to all world mass media.
ARTICLE tells: GazProm company doesn't want to develop its banking sphere anymore, ensurance activity with SoGaz company (top KHL sponsor), and TV activity its pay TV branch NTV Plus company. They close this 3 branches which aren't profitable anyways for them. GazProm only keeps their best TOY sponsored- soccer club Zenit Saint-Petersburg.
Now time ticking and we wait for the end of YEAR 2008!
We have in danger at least 3 teams with salary delays NOVOKUZNETSK (2 months) link:
, CHEREPOVETS (since September), CSKA M having problems with money... VOSKRESENSK sponsored by 79 small companies refusing to invest one by one daily and now in CRISIS.
Now I will not be surprised with quick AGREEMENT between NHL-IIHF-Russia about compensations for players departures to the North America because many Russians will move straight to Junior Leagues, AHL / bests to NHL if situation be too bad here with economy.
NEWS: Russian KHL clubs cut budgets 50 per cents. Link:
Head of Councel with Russian Ice Hockey Federation Mr.Krashenninikov Pavel (famous politician in Russia). Economy Crisis may be biggest problem for KHL. He is afraid that some KHL memebers clubs may not survive in the league and they loose its place with KHL next season 09/10. Those who did cuts in time for pay rolls of the players were right- at least they explained situation to the players about salary decrease in 20-50 pcts cuts. We have problem clubs who didn't change anyhing and paid nothing for last one or two months.
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