Big Six face financial black hole as sponsorship deals dwindle during coronavirus

first_img3THE Big Six could be the victims of a sponsorship cash crisis if the worst virus fears are realised.Liverpool, Manchester United and City, Arsenal, Chelsea and Tottenham rake in the bulk of the £3billion annual TV revenues.3 Daniel Levy’s Tottenham could lose out on their sponsorship deals.Credit: PA:Press Association3 Ed Woodward’s Man Utd could see their income slashedCredit: Getty Images – GettyBut they also rely on many millions of pounds of income from lucrative commercial activity — especially sponsorship.And one senior chairman warned the situation could “come to a head very soon”.United grossed a stunning £275million in 2019 from commercial deals, including £173m in sponsorship.City, Liverpool and Chelsea all earned more than £180m from commercial sources, with Spurs recording £135m and the Gunners £111m.Arsenal’s figure was the lowest of the Big Six but still a staggering £70m ahead of seventh-placed Everton.Even stripping out matchday and training kit deals, including Premier League sleeve sponsors, United still bagged £111m in sponsorships — with City on £97m and Spurs and Chelsea neck and neck for third with contracts worth about £65m.⚠️ Read our coronavirus in sport live blog for the latest news & updatesBut club chiefs fear this essential income could be at risk in light of the global economic slowdown caused by the virus.And if this season is abandoned, the payback of TV money will be another financial blow.The club chairman explained: “Everybody seems to think the Premier League is awash with revenues.“If we have to give back the £760m of broadcast income that we expected for the last part of the season, then it’s true a lot of clubs would be hurt.“But for the bigger clubs the worry is as much, if not more, about the impact on their other commercial activity — because we know that companies are looking at the ‘force majeure’ provisions that are in their contracts.“In any economic downturn, promotional budgets are always the first things that are vulnerable. And that could come to a head very soon.“If we get to the end of June and are still in the same place in terms of there being no obvious sign of football returning, there’s a real danger that the sponsors will be arguing they need relief from their obligations.“If they haven’t got a market to sell their products to, it is hard to justify paying money for sponsorships.CORONAVIRUS CRISIS – BE IN THE KNOWGet the latest coronavirus news, facts and figures from around the world – plus essential advice for you and your family.To receive our Covid-19 newsletter in your inbox every tea time, sign up here.To follow us on Facebook, simply ‘Like’ our Coronavirus page. MOST READ IN FOOTBALLTHROUGH ITRobbie Keane reveals Claudine’s father was ’50-50′ in coronavirus battleTOP SELLERGavin Whelan has gone from League of Ireland to David Beckham’s InstagramPicturedAN EYEFULMeet Playboy model and football agent Anamaria Prodan bidding to buy her own clubI SAW ROORodallega saw Rooney ‘drinking like madman’ & Gerrard ‘on bar dancing shirtless’ExclusiveRIYAD RAIDMan City’s Riyad Mahrez has three luxury watches stolen in £500,000 raidNEXT STEPJonny Hayes set to move to English Championship having been let go by CelticREF RELEASEDChampions League ref Vincic released by cops after arrest in prostitution raidKEANE DEALEx Man United youth ace David Jones says Roy Keane negotiated a contract for himNICE RONCristiano Ronaldo goes on family bike ride with partner Georgina Rodriguez & kidsREF RAIDChampions League ref Vincic ‘arrested in raid into drugs and prostitution ring'”A lot of clubs are wondering what is going to happen.”Broadcast money represents a far higher slice —­ up to 80 per cent — of total revenues for the smaller top-flight clubs such as Bournemouth, Norwich and Brighton.So they have proportionately more to lose if next season is curtailed in an attempt to get this term finished.Premier League games set to be shown live on TV at 15:00 if season resumes after long-standing blackout liftedlast_img read more

“They are going to withdraw half of the players’ agents”

first_imgFIFA’s intention is to prohibit the same agent from representing two or more parties in an operation, such as the role played by Mino Raiola in the return of Paul Pogba to the Manchester United. The Italian represented the English club, the player and the Juventus at the same time, pocketing up to 48 million of the more than one hundred in which the agreement was closed.As published Or jogo, a recent FIFA study has revealed that The clubs have paid 2,560 million euros in commissions to agents since 2013. Some 120 important representatives of the world of football meet today at the Zurich stadium in Switzerland. Among them are expected to be important personalities such as Jorge Mendes, Mino Raiola or Jonathan Barnett, among many others. They have decided to hold a summit to study whether they should submit a formal complaint to the FIFA in the European Court based on the purposes of the organization, as they plan to regulate the way agents proceed.“FIFA has made decisions that, if implemented, will remove more than half of the agents from the market and did not even call any representatives for this discussion.” They are words of Mike Miller, president of the Association of Soccer Agents.last_img read more

Two local cadets compete at Provincial biathlon competition

first_img Ben Sharpe at the provincial biathlon competition in Whistler over the weekend. Photo by Cpt. Geoff Bough WHISTLER, B.C. – Two Fort St. John cadets competed at the Provincial Biathlon Championships at the Whistler Olympic Park this past Saturday.Coached by Capt Geoff Bough, 16 year-old Ben Sharpe and 18 year-old Jesse Simons competed in the Sr. Boys Open Team category against ten other teams of two from across the province. Sharpe and Simons were up against some tricky conditions this past weekend, as the recent warming and cooling trend across the province turned the biathlon course into a sheet of ice on Saturday. The pair competed in both the Sprint and Patrol races. – Advertisement -In the Sprint, teams complete three laps of the two kilometre course along with two shooting sessions in both the prone and standing positions. The Patrol race features three laps of a shorter 900 metre course, with more two more shooting sessions. Both Simons and Sharpe had a fairly rough go of it on the icy course in the Sprint, and were not used to terrain in the Coast Mountains that is more hilly than their practice venue in the Peace. Bough said that the two had a couple of spills in the first race, one of which caused Sharpe to injure his wrist.Despite this, the two cadets made a valiant effort in both races. Sharpe also managed to hit an impressive number of targets despite competing with an injured wrist. The pair ultimately placed 9th out of 11 teams in the competition.last_img read more

DONEGAL BUSINESSMAN BUYS ROCKHILL HOUSE FOR €670,000

first_imgRockhill House in Letterkenny has been sold for almost three times its reserve price.The one-time army barrcks had a reserve price of €260,000 but sold for €670,000 at a public auction on the grounds today.It is understood a businessman from the county bought the property. It is understood that more that 80 bids were put in for the property.There had ben previous calls to turn the former army barracks into a museum.It is not known what the house will be now used for.  DONEGAL BUSINESSMAN BUYS ROCKHILL HOUSE FOR €670,000 was last modified: August 20th, 2014 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:army barracksdonegalletterkennyRockhill Housesoldlast_img read more

Colombia v England: How previous meetings between two nations ended

first_img 6 David Beckham celebrates his first England goal – a trademark free-kick 6 Michael Owen in action for England in their 1998 World Cup clash against Colombia England v Colombia – Head-to-head Colombia goalkeeper Rene Higuita became famous for his flamboyance between the sticks England wins = 2Colombia wins = 0Draws = 2 England 3 Colombia 2, Friendly, 2005Michael Owen became England’s fourth-highest scorer (at the time) with a hat-trick as Sven-Goran Eriksson’s side signed off their tour of the United States with a victory. Mario Yepes’ weak header trickled past goalkeeper David James – who was replaced by Robert Green at the break – to briefly make it 3-1 and Juan Ramirez scored late in the second half but England held on. Michael Owen celebrates his trio of goals against Colombia – two of his 14 career hat-tricks came for the Three Lions 6 6 England face Colombia on Tuesday for a place in the 2018 World Cup quarter-finals, live on talkSPORT.The last 16 showdown in Russia will be just the sixth meeting between the Three Lions and Los Cafeteros (The Coffee Growers). Carlos Valderama was one of Colombia’s colourful characters – here he is battling Paul Gascoigne in their goalless 1995 meeting 6 Colombia 0 England 4, Friendly, 1970This World Cup warm-up took place two days after England captain Bobby Moore was falsely accused of stealing an emerald bracelet from a gift shop in the foyer of the team hotel in Bogota. Martin Peters scored twice – one at either end of the first half – with Bobby Charlton and Alan Ball doubling England’s advantage after the break.England 1 Colombia 1, Rous Cup, 1988Gary Lineker opened the scoring at Wembley midway through the first half only for Andres Escobar – later murdered in the aftermath of the 1994 World Cup, reportedly as retaliation for having scored an own goal which contributed to the team’s elimination – to equalise after the break.England 0 Colombia 0, Friendly, 1995A goalless draw memorable for one thing – goalkeeper Rene Higuita’s ‘Scorpion Kick’. Debutant Jamie Redknapp’s miscued cross from distance sailed towards the fuzzy-haired, eccentric Colombian goalkeeper in his tracksuit bottoms and, with the referee seemingly not noticing the offside flag, Higuita launched himself forward, flicked up both his heels and cleared the ball. A signature move was born. Higuita was also famed for his risky – some said arrogant – ‘Scorpion Kick’ save 6 But what happened in those games? See below for a brief history… It will provide Gareth Southgate’s men with their toughest test yet, after their final Group G clash against Belgium eventually proved to be a dead rubber.Colombia go into the game with the same record as England – two wins, one defeat – but looked a dangerous side as they dispatched Poland 3-0 and Senegal 1-0 in their group.But England will perhaps be boosted by the fact they have never tasted defeat against the South Americans. Colombia 0 England 2, World Cup, 1998England went into their last group game in Lens hoping a win would see them avoid Argentina in the knockout phase. Darren Anderton drilled home a dropping cross midway through the first half before David Beckham scored his first international goal – a trademark 25-yard free-kick – soon after. However, Romania’s 1-1 draw with Tunisia meant a last-16 meeting with Argentina regardless. talkSPORT are with listeners all day and all night at this year’s 2018 FIFA World Cup™ with over 800 hours of World Cup content and all 64 games live across the talkSPORT network.last_img read more

SHOCK AT SUDDEN DEATH OF DONEGAL VEC CHIEF EXECUTIVE OFFICER

first_imgThere has been widespread shock at the sudden death of Donegal VEC Chief Executive Mary-Ann Kane.Ms Kane, a hugely respected leader in education, was a native of Mountcharles.She took over from former VEC boss Sean O’Longain who retired a number of years ago. Ms O’Kane, who was based at the VEC offices in Letterkenny, had been battling illness for a number of months.Tributes have been flowing in for Ms Kane who was considered a leader in education reform across the country.As well as a former Education Officer within Donegal VEC, Ms Kane was a former principal of the Abbey Voctional School in Donegal Town.An official notice has been posted on the Donegal VEC website expressing the organisation’s sympathy with Ms Kane’s family. Funeral arrangements have yet to be made.   SHOCK AT SUDDEN DEATH OF DONEGAL VEC CHIEF EXECUTIVE OFFICER was last modified: August 2nd, 2012 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:deathDonegal VEClast_img read more

MORE RAIN ON THE WAY AFTER ‘WASHOUT’ DAY FOR DONEGAL

first_imgA Donegal Mountain Rescue Team member on Errigal today as rain lashed downWE were excluded from a National Met Eireann weather warning – but Donegal was hit with torrential rain today…and there’s more on the way.Some parts of the country got a month’s rainfall in a single day.Met Eireann issued both Orange and Yellow alerts for parts of Ireland. Incredibly – despite all our rain – Donegal was NOT included.However the forecaster says we can expect at least another 12 hours of downpours.There are reports of flooded roads across the county this evening, with Gardaí warning motorists to slow down.  MORE RAIN ON THE WAY AFTER ‘WASHOUT’ DAY FOR DONEGAL was last modified: August 3rd, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:donegalMet Eireannrainweatherweather warninglast_img read more

Mandela Rules adopted for prisoners

first_img25 May 2015The Mandela Rules could herald a new era of respect for prisoners’ human rights, according to Amnesty International.This follows the United Nations Commission on Crime Prevention and Criminal Justice, which adopted crucial revisions of 60-year-old international standards on treatment of prisoners at a meeting on 22 May in Vienna.The Mandela Rules include extensive revisions and additions to the UN’s Standard Minimum Rules for the Treatment of Prisoners, which date back to 1955. It is expected the UN General Assembly will adopt the new rules later this year.They have been named the Mandela Rules to honour the legacy of the late South African leader, and are an essential update of the original rules adopted at the very first Congress on Crime Prevention and Criminal Justice in Geneva in 1955.“The Mandela Rules could herald in a new era in which prisoners’ human rights are fully respected,” said Yuval Ginbar, the legal adviser at Amnesty International, who attended the Vienna meeting.“The rules, if fully implemented, would help turn imprisonment from a wasted time of suffering and humiliation into one used for personal development leading to release, to the benefit of society as a whole.”Basic principlesThe Mandela Rules now contain an expanded section of basic principles, including the absolute prohibition of torture and other cruel, inhuman or degrading treatment or punishment. The independence of health care staff is assured, and extensive restrictions are placed on disciplinary measures, including the prohibition of solitary confinement beyond 15 days.Clear and detailed instructions are provided on issues such as cell and body searches, registration and record keeping, investigations into deaths and complaints of torture and other ill-treatment, the needs of specific groups, independent inspections of prisons, the right to legal representation and more.Amnesty International joined a coalition of NGOs and academics which took an active part in the five-year process, working for a progressive redrafting of the rules.Following agreement on the rules, the executive director the UN Office on Drugs and Crime, Yury Fedotov, said the world now had an updated blueprint offering practical guidance on how prisons should be managed safely, securely and humanely.Countries are encouraged to reflect the Mandela Rules in their national legislation so that prison administrators can apply them in their daily work.At their core, the rules stress the overriding principle that all prisoners shall be treated with respect due to their inherent dignity and value as human beings. “Most importantly”, said Fedotov, “the rules stress that prisoners will be protected from torture and other cruel or inhuman or degrading treatment or punishment. This means the rules probably represent one of the most significant human rights advances in recent years.”In the words of the late Nelson Rolihlahla Mandela, who spent 27 years of his life in prison: “It is said that no one truly knows a nation until one has been inside its jails. A nation should not be judged by how it treats its highest citizens, but its lowest ones.”SAinfo reporterlast_img read more

Microsoft Joins Coalition Opposing Google’s Acquisition of Flight Search Provider ITA

first_imgMicrosoft has joined a coalition of travel sites that want to make their opposition known to Google’s acquisition of ITA Software. Google announced its plans to buy ITA back in July, but the acquisition likely faces regulatory scrutiny as ITA technology powers the organization of price and schedule information for the major airlines, travel booking companies, and search engines. And the Fairsearch.org coalition argues that if Google buys ITA that competition and innovation surrounding the online travel industry will be stifled.Microsoft uses ITA software to help power Bing, and the fear of Microsoft and others is that by acquiring ITA Software, Google will control the software that powers most travel-related searches. The $700 million price-tag for ITA points not just to the strength of its technology and predominance in the industry, but also to Google’s desire to make its search data better – more accurate, more real-time.But Microsoft, along with the UK search engine Foundem, the French online travel agency Level…com, and the Singapore-based travel agency ZUJI, join existing Fairsearch.org members Expedia.com, Hotwire, TripAdvisor, and Kayak in urging the Justice Department to challenge the acquisition deal. “Competition in online travel search over the last decade has not only created more choices and innovation for travelers, but has also driven prices lower around the world for consumers,” says ZUJI president Roshan Mendis. “We are concerned that less competition in flight search in the U.S. will result in less innovation in travel search globally, and more importantly, less pressure on travel service providers to offer the lowest price for consumers regardless of where they are located.”For its part, Google has said it has no plans to sell airline tickets or set prices. The purchase is aimed to “provide better results for our users,” says Google. audrey watters Tags:#search#web 8 Best WordPress Hosting Solutions on the Market Top Reasons to Go With Managed WordPress Hostingcenter_img Why Tech Companies Need Simpler Terms of Servic… Related Posts A Web Developer’s New Best Friend is the AI Wai…last_img read more

India Among World Leaders Expected to Push For China-backed Trade Deal Excluding US

first_imgWorld leaders will push for the rapid completion of a massive, China-backed trade deal that excludes the US at a summit this week, in a rebuke to rising protectionism and Donald Trump’s “America First” agenda.China, Japan, India and other Asia-Pacific countries could announce a broad agreement on the Regional Comprehensive Economic Partnership (RCEP), which covers half the world’s population, on the sidelines of the annual gathering.Read it at Hindustan Times Related Itemslast_img