FIFA estimates Covid-19 will cost global soccer $11 billion

first_img“In particular in South America, many on account of their relative means and the spring to autumn season,” he said.Last month European Club Association chairman Andrea Agnelli predicted lost revenue of four billion euros over two years for its member clubs.Each national association can request a FIFA grant of $1million ($2mn for confederations) plus $500,000 for women’s soccer.Loans are available to national associations up to a maximum value of $5mn ($4mn for confederations).Rehn was at pains to stress that unlike in the past it was imperative the money made available by FIFA “is being used for the right purposes”.”Corruption has no room in soccer,” he stated.”Good governance is at the heart of this Covid-19 relief fund,” he said.”We have made this clear to member associations. I know some member associations have complained about heavy compliance procedures – I’m quite used to that. We do require full compliance and we have been working with globally-known auditing companies.”He gave some examples of how the relief fund is already being put into use, like in Thailand, where it has helped restart the national league competition, including coronavirus testing, but also to implement video assistant referee (VAR) technology.Mexico spent its entire $1.5million grant on its national women’s league, and in Brazil the funds are supporting the testing program in the women’s competition.And in Uruguay, the money has helped the federation re-hire staff it had been forced to lay off, who were crucial to its effective operation. FIFA on Wednesday put the cost of Covid-19 on soccer around the world at $11 billion in lost revenue.The pandemic has already led to over 150 soccer associations to seek financial help from the $1.5 billion emergency relief fund set up by soccer’s governing body.Olli Rehn, chairman of FIFA’s coronavirus steering committee, laid bare for the first time the true financial impact the virus has had on the game through fixture list chaos, empty stadiums and loss of TV rights revenue. “It’s a huge number and it covers the football economy in its entirety, including all youth academies,” Rehn, a Finnish politician and governor of the Bank of Finland, told a press conference.”This will impact next year as well, there is a carry over.””That is why this Covid-19 relief fund is not time-bound – they may request loans later on if they need to,” Rehn, who is also independent deputy chairman of the FIFA Governance Committee, said.He said that while Europe was hit hardest in terms of absolute cost, it was the associations outside Europe which “have suffered more”.center_img Topics :last_img read more

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Kid Boxers Set for Child Dignity Foundation Tourney

first_imgAll is set for the 7th edition of the Child Dignity Foundation organized Kiddies Boxing Competition at the Brai Ayonote Boxing gym inside the National Stadium in Lagos.The 2018 edition according to the Chief Executive of the Foundation, Mrs. Amaka Awogu, will feature 12 bouts and two exhibition matches among boxers in and around Lagos State promises to be bigger with boxing tutorials and a mentorship programme by Nigerian boxing legend and Olympian, Jerry Okorodudu.She said the one-day event is targeted at kids interested in charting a path in boxing.“At the foundation, we are really excited with the steady progress we have been able to record since we started this Programme which has continued to grow. This is not a profit oriented venture, but an avenue to give indigent kids in areas like Bariga, Shomolu, Lagos Island, Mushin, Ajegunle and other areas where boxing is popular a lifeline to attain greatness most especially through the boxing tutorials and mentorship program,” she explained. Mrs Awogu said the foundation is really encouraged to continue the project because of the visible achievements recorded.The Child Dignity Foundation (CDF) is a child protection, development, and advocacy organization committed to the total well-being of children, especially those from disadvantaged backgrounds. The foundation seeks to create a society where children are valued, respected and protected regardless of their socio-economic situation, gender, creed or race.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

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Grammys ceremony opens with tribute to Kobe Bryant

first_imgThe 2020 Grammys ceremony has opened with a heartfelt tribute to basketball player Kobe Bryant, who died on Sunday.“Tonight is for you Kobe,” declared pop star Lizzo, opening the show with her stirring ballad Cuz I Love You.Host Alicia Keys then dedicated the show to Bryant’s memory, with an a-capella version of It’s So Hard To Say Goodbye, accompanied by Boyz II Men.The show is taking place at the Staples Center, where Bryant played his entire career with the LA Lakers.News of the star’s death at the age of 41 stunned artists and performers backstage at the arena when it broke earlier in the day.“I genuinely thought it wasn’t real,” said pop star Billie Eilish. “I was in the green room… and I was like, ‘Oh that has to be fake’”. The star, who grew up in Los Angeles, added: “Everybody knew Kobe. Everybody. It’s genuinely unbelievable.“I feel like anything I say is not enough for what’s going on.”Alicia Keys is hosting the ceremony for the second timeThe mood was sombre as the ceremony started, and Keys acknowledged the atmosphere in her opening speech.“Here we are together on music’s biggest night, celebrating our artists that do it best,” she began “but, to be honest with you were all feeling crazy sadness right now, because earlier today Los Angeles, America and the whole wide world lost a hero. “And we’re literally standing here, heartbroken, in the house that Kobe Bryant built.“Right now, Kobe and his family and all of those that have been tragically lost today are in our spirits, in our hearts, in our prayers, they’re in this building.“I would like everybody to take a moment and hold them inside of you and share our strength and our support with their families.”“I know how much Kobe loved music,” she added later, “so we got to make this a celebration in his honour.”A further tribute to the basketball legend is expected during the show.last_img read more

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Cyclist braves Wild Atlantic Way in memory of late brother

first_imgClare man Gerard O Connell has taken on a remarkable charity cycle to support Pieta House in Ireland and Mind in the UK.These charities are close to Gerard as he lost his younger brother Eoin to suicide 32 years ago when he was just 20 years old.The first leg of the mammoth cycling challenge took place between Cork and Kerry in February, with the second leg taking him through Clare, Galway and Mayo in April. Now, Gerard prepares for the final leg, which will take him from Sligo Town, snaking around the breathtaking coast of Donegal, and finishing in Derry City on Sunday.Magnificent support from family, friends, cycling clubs, parishes, county teams, and local small businesses have helped raise a whopping €8,454 so far.Gerard explained what makes this cycling challenge so important. “It is in memory of my younger brother Eoin, aged just 20, who took his own life 32 years ago on 2nd January 1985. An option too many others have also chosen.“I want to make a difference.“You can make a difference by joining the ride. Be part of an exciting cycle adventure and help save lives. Ride, volunteer, fundraise or donate. Spread the word. Give a friendly wave or toot the horn when you see the ride. Follow progress on Facebook with daily updates from the road. The aim is to raise €30,000.“Pieta house estimates that it costs on average €1,000 to provide an effective service for one individual so together we can provide the means to save 30 lives.“The numbers are shocking — 55,000 per year in the EU take their own lives with an estimated 10 times that number making an attempt. In 2014 alone, the statistics indicate 459 suicides in Ireland and 6122 in the UK.“There are wide regional and other variations. Men, for instance, are three times more likely to take their own lives than women. It is commonly acknowledged by professionals that official statistics underestimate the true number of suicides.Last Sunday Gerard reached the Coolest Place on the Planet, cycling through Donegal Town, Killybegs, Carrick, Sliabh Liag, Malinbeg, Glencolmcille and over the Glen Geish pass to finish the day at Nancy’s in Ardara. Joined by Slaney, Katie, Eileen, Barry, Adie, Paul, Kevin, Tadhg, and Ken, Gerard says it was an uplifting day with wonderful company.Gerard then made his way towards Letterkenny, escorted by Tadhg Dineen and led to Pat’s on the Square for a delicious Italian feast.Gerard shares his motto, an inspirational quote from Sherlock Holmes author Arthur Conan Doyle:“When the spirits are low, when the day appears dark, when work becomes monotonous, when hope hardly seems worth having, just mount a bicycle and go out for a spin down the road, without thought on anything but the ride you are taking.”If you would like to help, donations can be made at : http://helppreventsuicide.net/givenow.html Kilkee, Co Clare. Start of stage 10 Kilkee to Kinvara on Sun 2nd April. Stage length 135km. Family & friends – old and new. Riders from Killimer, Kilrush, Kilkee, Doonbeg, Cree and cousin Pat Hassett from London. Gearoid in center wearing maroon & yellow West Clare CC jersey with Eileen GriffinSpin for Mind, Body & Soul at Auburn Lodge, Ennis Co Clare. A rest day on Fri 7th April before stage 12 Galway to Roundstone. Spin for 8 hours. Wonderful staff of Auburn lodge and facing the camera, Councillor Bill Chamber, Cathaoirleach of Clare County Council, Colm Collins – Clare football manager, Gearoid and EileenRoundstone, Co Galway. Start of stage 13 Roundstone to Letterfrack on Sun 9nd April. Stage length 149km. New friends from 12 Bens Cycling Club organised by Dermot O’Donovan Head of the GMIT “furniture college” in Letterfrack.HSE Galway. Coffee, awareness and fundraising by the very generous staff of HSE at the Dangan Business Park organised by Maurice Mulcahy – second from right. Gearoid & Eileen wearing Pieta House t-shirtsCyclist braves Wild Atlantic Way in memory of late brother was last modified: August 4th, 2017 by Elaine McCalligShare 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:gerard o connellmindPIeta HouseWild Atlantic Waylast_img read more

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