Connect with us

Sports

COVID-19: Barcelona Record €97m Loss for 19/20 Season

Published

on

barcelona champions league

By Adedapo Adesanya

Spanish sporting club, Barcelona, posted a loss of €97 million after-tax for the 2019/20 financial year as a result of the COVID-19 pandemic.

In a statement on Monday, the Catalan giants said they had made revenue of €855 million, 14 per cent down compared to €990 million they posted in 2018/19 year, while their overall net debt has more than doubled to €488 million.

The club said €47 million of losses was due to lost matchday revenue, €35 million to reduced club shop sales and €18 million on stadium tours, with further losses expected until fans can return to stadiums in Spain.

The statement noted that the club was expecting a lower revenue for the 2020/21 financial year, projecting revenue of €791 million.

The players took a wage cut in order to help combat the deficit while football was suspended due to the coronavirus and managed to save €74 million in salaries thanks to a reduction agreement with players and coaching staff.

The club has also sold players who were on lucrative contracts, such as Luis Suarez, Ivan Rakitic and Arturo Vidal, in the close season in a bid to get salary expenditure within La Liga guidelines, which directly relate to projected income.

The statement noted, “The club suffered financially from the consequences of games being played behind closed doors, as well as the total cancellation of the basketball Euro League, and hence there was a considerable loss of income.

“The lack of tourists and visitors to the city of Barcelona due to the reductions and limitations applied to international tourism also meant far fewer visitors to Barca’s premises, meaning major losses in terms of such areas as visitors to the Camp Nou Experience and the sale of products in official stores.”

Barcelona, coming off its first season without a title since 2007-08, was not able to add a striker to boost its squad. The Catalan club was negotiating with Memphis Depay of Lyon but couldn’t seal the deal. The transfer reportedly depended on Ousmane Dembélé accepting a move to Manchester United, but the Frenchman stayed in Spain as the transfer deadline closed.

Barcelona had promised changes to the first team after the humiliating 8-2 loss to Bayern Munich in the quarterfinals of the Champions League in August.

After three games so far, the club is fifth on the La Liga Santander table for the season (two wins, one draw) and it is expected to begin its European champions league tournament journey against Ferencravos TC of Hungary on October 20 before the anticipated clash against Juventus which will see its captain Lionel Messi face long time rival, Cristiano Ronaldo.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Sports

Super Bowl LX: How to Watch Bad Bunny’s Historic Halftime Show from Nigeria

Published

on

Super Bowl LX

The Super Bowl is far more than a football game. Each year, it becomes a global cultural moment, where sport, music, and social conversation collide. Super Bowl LX promises to be no exception. While fans anticipate the on-field clash between the New England Patriots and the Seattle Seahawks, much of the world’s attention has shifted to the halftime stage airing on both ESPN and ESPN2 (DStv Channel 219), where three-time Grammy winner Bad Bunny will make history.

The Puerto Rican superstar, born Benito Antonio Martínez Ocasio, is set to become the first non-English-speaking artist to headline the Super Bowl halftime show. His selection has sparked debate in the United States, particularly amid ongoing anti-ICE protests, but it also signals a broader recognition of his cultural impact. Known for pushing artistic boundaries and amplifying underrepresented voices, Bad Bunny brings a rare combination of commercial appeal and social consciousness to the NFL’s biggest stage.

The timing of his performance carries added weight. Just a week before the Super Bowl, Bad Bunny made history at the 2026 Grammy Awards, winning Album of the Year for Debí Tirar Más Fotos (I Should Have Taken More Photos). He used his acceptance speech to address immigration and human dignity, declaring: “Before I say thanks to God, I’m going to say, ICE out,” and calling on audiences to respond to hate with love. That statement has heightened expectations that his halftime show will blend spectacle with message, marking a performance that is about identity as much as entertainment.

As anticipation builds, questions linger over how Bad Bunny will translate this cultural moment on the field. Will the show lean entirely into his chart-topping hits, or will it echo the themes of unity and resistance he spoke of at the Grammys? Either way, the performance is already being framed as a defining cultural moment of 2026, with viewers worldwide eager to witness history in the making.

For audiences in Nigeria, Super Bowl LX and Bad Bunny’s historic halftime performance will air live on both ESPN and ESPN2 (DStv Channel 219) on Monday, February 9, 2026, at 12:30 am WAT. Be sure to also take advantage of the ongoing We Got You offer, where you pay for your current package and DStv upgrades you to the next higher package at no extra cost. This offer runs till February 28, 2026.

Continue Reading

Sports

GTCO Sponsors 2026 NPA Lagos International Polo Tournament

Published

on

GTCO 2026 NPA Lagos International Polo Tournament

By Modupe Gbadeyanka

One of the leading financial services groups in Africa, Guaranty Trust Holding Company (GTCO) Plc, is championing great experiences and heritage by being the main sponsor of NPA Lagos International Polo Tournament.

The competition is one of Africa’s oldest and most prestigious sporting events and for this year’s edition, it will bring together top local and international polo teams and spectators from across the continent and beyond.

The contest commenced on Tuesday, January 27 at the Lagos Polo Club in Ikoyi and will end on Sunday, February 15, 2026.

The 2026 NPA Lagos International Polo Tournament will feature top‑tier teams competing for major prizes, including the Majekodunmi Cup, Independence Cup, Open Cup, Silver Cup and Low Cup, among others.

Guests can expect a fusion of thrilling equestrian action, polo-inspired lifestyle showcase, and curated hospitality experiences. The event will also be livestreamed, allowing audiences online to share in the excitement and spectacle.

Commenting on GTCO’s role as main sponsor of the Lagos International Polo Tournament, the chief executive of the firm, Mr Segun Agbaje, said, “This tournament, one of the oldest in Africa, celebrates not only the noble sport of polo but the values we hold dear as a brand: teamwork, discipline, fair play, and a commitment to excellence.

“Beyond the field, it showcases Nigeria and Africa to a global audience, reinforcing the continent’s place on the world stage. Our longstanding sponsorship of the NPA Lagos International Polo Tournament reflects our conviction that sport can amplify opportunity, foster connections, and deliver world-class experiences for all.”

The NPA Lagos International Polo Tournament has long been celebrated not only for its thrilling competition and equestrian excellence but also for its rich heritage and cultural resonance within Africa’s sporting tradition. GTCO’s sponsorship embodies the Group’s commitment to creating platforms that unite communities and drive social impact across diverse audiences.

Continue Reading

Sports

Top Choices Only at PariPesa Nigeria

Published

on

PariPesa casino games

If you’re looking for a fun, reliable, and exciting online betting experience in Nigeria, you’re in the right place. PariPesa Nigeria brings together casino entertainment, sports betting, and modern gaming options designed just for you. Let’s break it all down.

Casino Games

At PariPesa Nigeria, the casino lobby is brimming with exciting games. They are split into categories to help you navigate. You can search for titles using the search bar or narrow down the type of game you enjoy using the filter menu on the left-hand side of the page.

The filters on the left let you pick based on provider, feature, theme, and game types. If there is a title you particularly like, you can also favorite it! There are two separate categories of casino entertainment that depend on your individual casino activity. Recent games are all the ones you have tried, and the favorites section, as you can guess, lists the ones you starred.

Take a look at the main categories of games available.

Slots

Slots are the most popular casino games. They’re beginner-friendly, simple to follow, and you can try them for free in demo mode! At PariPesa Nigeria, you’ll find classic, video, and jackpot slots. Some have Nigerian-themed designs, bright colors, and sound effects that bring the experience close to home.

Table games

Are you a blackjack fan or do you prefer to watch the wheel spin in roulette? Either way, PariPesa Nigeria has a large selection of table games for you to choose from. You will find multiple variations of these titles, along with tables with varying betting ranges. Poker has by far the largest number of variants.

Crash games

These games have extremely quick rounds, so understand the mechanics before you place any real money bets. The concept is simple, really: a multiplier increases, and you cash out before an object “crashes.” The longer you wait, the higher your potential win, but if it crashes before you cash out, you lose that round. Aviator, Chicken Crash, and Doodle Crash are among the more popular games in this category.

Live casino games

Those tired of playing against generated algorithms will find live casino games a welcome break. At PariPesa, you can play poker, blackjack, roulette, and more against a live croupier. You can interact with your dealer and watch everything that happens in real time through video streaming. Remember that these tables are time sensitive, so you will have to place your bets before the window closes, and no, you cannot demo these games.

Sports Betting

Nigerians love sports, and what better way is there to be a part of the action than betting? Football is obviously the favorite, but you can also wager on over 150 sports at PariPesa. You can use the in-house statistics to make well informed bets on your preferred teams and players. Furthermore, the betting markets at PariPesa are top-notch.

  • Over/Under
  • Total Score
  • Match Winner

These are only some of the many, many bets you can place.

eSports

eSports are a hit among young Nigerians. Games like FIFA, CS:GO, and Dota 2 have become part of the sports betting market, and they’re big players. Instead of physical matches, you’re betting on professional gamers competing online.

Virtual Sports

If you enjoy sports but want a quick fix, virtual sports are computer-generated matches that run all day, every day. There are no weather issues and no match postponements or player injuries to affect your strategy. Results are decided by certified random systems, so they’re fair and unpredictable.

Responsible Gambling Policy

No matter what, responsible gaming is an important feature of any online casino platform. PariPesa Nigeria takes this policy very seriously, too. This means you’re encouraged to play for fun, not to chase losses or risk money you can’t afford to lose. You can use the following tools to make sure you don’t go overboard.

  • Deposit limits
  • Self-exclusion between 6 months and 1 year.
  • Session limits
  • Regular check-ins

If you ever feel that gambling is becoming a problem, use the resources available online to get help.

PariPesa is synonymous with a complete gaming experience in Nigeria. From casino games and betting to eSports and virtual sports, everything is covered. The navigation is simple, reliable, and let’s be honest, entertaining! So, join PariPesa Nigeria today and enjoy top choices made for people like you!

Continue Reading

Trending