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Future of Football Team is at Stake

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Manchester City

Fans of football or even Manchester City, you guys must have heard of sad yet bizarre accusations made against the football team. It is claimed that Manchester City has been banned from playing in any European Club Competition for the next 2 years. Not only that, but they are also asked to pay a fine of 30 million euros! What a big number.

Due to all the commotion, Manchester city took their case to the Court of Arbitration for Sport and are hoping for a different outcome.

“We’re not surprised but we have to admit we are disappointed,” Manchester briefly states.

There have been rumors claiming contradicting stories leaving you guys quite confused. Well here’s the whole facts behind this puzzling case.

The CFCB, Independent Adjudicatory Chamber of the Club Financial Control Body is accusing Manchester City of illegally breaking the rules by misusing its sponsorship revenue in their accounts. Manchester has also failed to cooperate in the entire investigation. What’s the deal here?

Back in 2018, a number of articles were published claiming that Manchester City has playing a game when it came to UEFA Financial Fair Play (FFP) as well as breaking regulations and other licensing requirements.

The worst allegation that was used against Manchester City was that holding company ADUG, Abu Dhabi United Group that is currently owned by Sheikh Mansour Bin Zayed al Nahyan, has been funneling money to Abu Dhabi based sponsors then rerouting the money to Manchester City as Sponsorship! Is this true? Yes Sheikh Mansour is a billionaire brother of the ruler of U.A.E, but do you really think they’d play with the law?

Manchester City was supposed to be playing a match against Real Madrid on the 26th of February at Bernabeu, but the future of Manchester City is at stake.

Javier Tebas, La Liga President Javier, amongst other football teams are praising the UEFA for finally taking action and coming to a decision.

It is safe to assume that Manchester knew that this was coming but didn’t know the severity of their consequences would hit back this hard.

After connecting the dots and knowing more about the inside story, in your opinion, do you believe that a 30 Million fine as well as the team being exempted for the next two years from playing in European Championships is too harsh of a punishment or do you think that they got what they deserve?

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Allianz Begins Eight-Year Worldwide Olympic & Paralympic Partnership

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· Official start of worldwide partnership with Olympic & Paralympic Movements
· Allianz expands local initiatives to engage and bring together athletes, teams, volunteers and fans in more than 200 countries
· Backs Olympic & Paralympic Movements with products & services

Cairo, January 11, 2021

Allianz officially began its eight-year worldwide partnership with the Olympic & Paralympic Movements on Jan. 1, building on a collaboration with the Paralympic Movement since 2006.

“Allianz is proud to be the „Worldwide Insurance Partner” of the Olympic & Paralympic Movements,” said Oliver Bäte, Chief Executive Officer of Allianz SE. “As a supporter of the sports ecosystem and through shared core values of excellence, friendship, inclusion and respect, Allianz and our 148,000 employees and 100,000 agents are excited to care and deliver for athletes, their families and their ambitions.”

Since announcing the partnership in September 2018, Allianz has engaged fans, athletes, teams and employees through health across four pilot markets – Australia, China, France and Spain. Allianz presented the Australian Olympic Committee’s Wellbeing Week to showcase ways to improve mental health. Allianz also worked with the Organizing Committee Olympic Games Paris 2024 to encourage people to walk and run for “Club Paris 2024”, an initiative to move and be part of the Games.

Allianz will expand local initiatives to connect with athletes and fans across the world. To name a few, Allianz will offer consumers and employees the chance to take part in Beijing 2022 Olympic Torch Relay, and will engage youth with the spirit & values of the Movements at its Allianz Sports Camps through trying sports, building friendships and learning from athletes. Furthermore, it will support the Movements with tailored insurance solutions and services.

“Having announced this new agreement in 2018, our teams have already been working together in key pilot markets to support athletes and the Olympic Movement,” said IOC President Thomas Bach. “As we start this new Olympic year, we are excited to begin in earnest our global collaboration with Allianz.”

“Allianz brings global visibility to the athletes and values of the Paralympic Movement and we look forward to our next phase working together,” added IPC President Andrew Parsons.

The partnership runs from 2021-2028. More details can be found on Allianz’s website.

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Mike Tyson Returns For a Frontline Battle After 15 Years of Retirmenet

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Fifteen years after retiring, former heavyweight champion Mike Tyson returned for an 8-round exhibition fight with Roy Jones Jr. on Saturday, which ended in a draw.

Tyson squared off against fellow boxing legend Jones Jr. for a fight titled “Frontline Battle.”

The rounds were 60 seconds shorter than usual and the fight was sanctioned by the California State Athletic Commission.

“Despite the isolation and tribulations COVID-19 has caused, Tyson and Jones Jr. have shown us that when a person embraces a positive mental outlook, turns on his or her positive mental switch, all challenges can be overcome which is why we have created a one of a kind commemorative belt created specifically for the occasion,” WBC President Mauricio Sulaimán said in a news release.

Also worth mentioning is that a some of the money will go to charities that fight breast cancer and human trafficking, according to Jones Jr. Tyson’s Legends Only League will also donate a portion of proceeds to the WBC José Sulaimán Boxers Fund to support boxers who “have fallen into hard times,” the news release said.

The fight was the first of a series produced by Legends Only League.

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Farida Osman Wins Gold Medal at US Championship & Marwan El Kamash Qualifies to Olympics

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Once again, our own Olympian Farida Osman succeeded in winning the gold medal at the American Open Swimming Championship in the 50-meter freestyle at a time of 10.25. Such a historic achievement for the Egyptian young swimmer who managed to claim victory during a pandemic and a global crisis.

The U.S. Open Championships are being held across nine different cities, and it’s the first major U.S. swimming event since March.

Looks like yesterday was a prideful day for Egypt as swimmer Marwan El Kamash also succeeded in qualifying for the 2021 Tokyo Olympics after breaking the qualifying record for the 800-meter freestyle race and winning first place in the US Open Swimming Championships.

Ashraf Sobhy, Minister of Youth and Sports, congratulated both champions for their wonderful achievements that brought joy to all of us.

The Minister of Youth and Sports showed tremendous support and is encouraging everyone to take his lead and support the sports federations, along with both male and female players.

We offer both swimmers our warm congratulations for making us all very proud.

 

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