Munich 2018 New Supplier
Munich 2018 has a new supplier for architecture and planning for its bid to host the 2018 Winter Games.
AS&P and PROPROJEKT joined to form ARGE Munchen 2018 and will work with Munich 2018 to finalize its candidature file.
"The architecture and planning office has assisted Munich enormously in the development of our ‘Two Park’ concept, the power of which was recently highlighted during the Bid Committee’s presentation in Acapulco," Katarina Witt, Munich 2018 Bid Committee chair, said.
The ‘Two Park’ model will put multiple venues, training and celebration sites in a combined area.
Visa Financial Report
TOP sponsor Visa reported a 35 percent net income increase for the third financial quarter. Net income was $695 million for the quarter.
The financial report includes CyberSource, a provider of credit card processing, electronic payment and risk management solutions.
"Looking ahead to our fiscal 2011, Visa willcontinue to invest in initiatives and investments to grow our core andemerging product portfolios globally, innovate into new paymentschannels and integrate our recent acquisition of CyberSource," Joseph Saunders, Visa CEO, said.
"We arecommitted to delivering solid business performance, supporting ourfinancial clients and partners, and delivering above average shareholderreturns."
Procter & Gamble Appoints Hill & Knowlton for 2012
TOP sponsor Procter & Gamble appointed public relations firm Hill & Knwlton UK to begin its Olympic activation program.
Hill & Knowlton will give sports marketing advise to P&G, manage the social engagement campaign, counsel P&G on corporate communications and work with other P&G agencies.
IOC Ethics Inquiry for Korean Sponsorships
The IOCconfirms an inquiry is underway for a possible conflict of interest fortwo Korean companies with the PyeongChang Winter Olympic bid – whichsays it is following all the rules of the IOC.
At issue is asponsorship of the International Skating Union by Korean Airlines, aswell as a sponsorship announced this week from Samsung for theinternational rowing federation, FISA.
IOC spokeswoman EmmanuelleMoreau tells Around the Rings "the IOC is aware of potential conflictsof interests and as per IOC procedure, the Ethics Commission is lookinginto it."
FISA President and IOC member Denis Oswald tells Aroundthe Rings he sees "no problem" with Samsung’s sponsorship of thefederation.
"Samsung is a partner of the Olympic Movement theyare in the TOP Program and they express a wish already to extend it toour federation" he said.
"We had a long negotiation and we didn’tsee any problem because they are part of the Olympic Movement. Thissponsorship has not been suspended because of the PyeongChangcandidature and we are a summer sport. We are totally out of thecandidature. I don’t see any problem for a summer federation to doanything," says Oswald.
Oswald, who has a vote in the election of a 2018 host next July, says the Samsung deal will not influence his decision.
ISU President Ottavio Cinquanta, also an IOC member, was not immediately available for comment.
If the Ethics Commission finds proof of a rules breach, it may issue a warning, which would be made public.
Briefs…
… Audi has signed on to remain a sponsor of the German ski federation until 2014. Audi will provide cars for ski federation events and have its logo on skiwear.
To subscribe to Around the Rings Click Here
With reporting from Isia Reaves Wilcox
For general comments or questions, click here
Últimas Noticias
Sinner-Alcaraz, the duel that came to succeed the three phenomenons
Table tennis: Brazil’s Bruna Costa Alexandre will be Olympic and Paralympic in Paris 2024
Rugby 7s: the best player of 2023 would only play the medal match in Paris
Rhonex Kipruto, owner of the world record for the 10000 meters on the road, was suspended for six years
Katie Ledecky spoke about doping Chinese swimmers: “It’s difficult to go to Paris knowing that we’re going to compete with some of these athletes”
