Sports

Hayatou to Stand in for Suspended Blatter, Not Vying for FIFA Presidency

Cameroon’s Issa Hayatou will take over as interim FIFA president following the provisional suspension of Sepp Blatter in a corruption scandal, soccer's world governing body said on Thursday.

Spain’s Angel Maria Villar was in line to take over at European governing body UEFA after its president Michel Platini was also handed a provisional 90-day ban by FIFA's Ethics Committee.

NRFF President Hopeful of Olympic Qualification

Edward Pam Fom, the President, Nigeria Rugby Football Federation (NRFF) on Wednesday said he was confident the country would qualify for the 2016 Olympics.

Nigeria is in Pool B with Zimbabwe, Zambia and Uganda of the Olympics qualifier scheduled to run from Nov. 13 to Nov.14 in Johannesburg, South Africa.

Pam Fom who spoke in Lagos while reacting to the countries grouped in Pool B, noted that the ranking of countries would not determine the teams to qualify.

FIFA: Sepp Blatter 'Provisionally Suspended' for 90 Days

The bad news just keeps coming for Sepp Blatter after FIFA provisionally suspended the president of football's world governing body.

Already facing an investigation by Swiss authorities over allegations that he signed an "unfavourable" contract and made a "disloyal payment" to UEFA President Michel Platini, Blatter faces a 90-day suspension, CNN reports.

Why Sports Investments Have Skyrocketed

You may have read that venture capitalists invested nearly a billion dollars into sports technology companies in 2014. This represents a massive paradigm shift in less than a few years, as institutional investors had once shunned the sports sector and are now flocking to it, Inc. Magazine reports.

Previously, sports-focused entrepreneurs often struggled to raise capital because many investors viewed the sector as niche and had traditionally lost money in the category.

Safety: World Cup Qualifiers Move to Peaceful Countries

World soccer body FIFA has moved a World Cup preliminary round tie from the Central African Republic to Madagascar for safety reasons due to clashes in Bangui that led to around 40 deaths last week.

The Central African Republic were to host Madagascar in Bangui next Saturday in the first of a two-legged tie with the return in the Malagasy capital Antananarivo on Oct. 13.

FIFA said both matches will now be played in Madagascar, Reuters reports.

Qualifiers in Africa for the 2018 World Cup begin on Wednesday.

FIFA Sponsors Want Sepp Blatter to Quit

Sepp Blatter survived a round of calls to resign as president of FIFA after some of his closest compatriots were slapped with corruption charges by the United States government earlier this year, Forbes reports.

Last week, authorities in Switzerland placed Blatter under criminal investigation. Will he survive this time? Not if Coca-Cola, McDonald’s, Visa, and Budweiser have a say in it.

FIFA Executive Warner Gets Life Ban

FIFA's ethics committee yesterday banned former vice-president Jack Warner from football-related activities for life.

Warner, who left FIFA in 2011 after being implicated in a bribery scandal, was investigated by the investigatory chamber of the ethics committee following its report on the inquiry into the 2018 and 2022 World Cup bidding process.

Yusuf Confirmed As Assistant to Super Eagles Coach

Salisu Yusuf has been appointed as the assistant to Super Eagles coach Stephen Keshi. The confirmation was released in a report published on the Nigeria Football Federation website.  Though there were wide speculations that Yusuf had been chosen as the Eagles’ assistant coach, the NFF refused to comment on the subject until Thursday.
Yusuf is a former Kano Pillars and Enyimba coach. He took over from Daniel Amokachi who was Keshi’s deputy during his first tenure with the Eagles which last from November 2011 to July 2014.

Mayweather Pockets $100m as He Defeats Pacquiao

The check was for $100 million, a payday so mind boggling that Floyd Mayweather Jr. couldn't help but  show  his check  to a few reporters when the night was done after beating Manny Pacquiao on Saturday (Sunday, Nigerian time).
“For my team to hand me a $100m check is remarkable,” said Mayweather, whose take from the long-awaited mega-fight with Pacquiao could ultimately puff up to as high as $200m once all the record-breaking revenue is counted.
The man who has named himself “Money” stated that the payout was all part of a “brilliant game plan” for his career.

Pages

myfinancialintelligence.com