Sports
UEFA Fines Wolverhampton Wanderers
By Adedapo Adesanya
Top-flight English football side, Wolverhampton Wanderers, have been fined by the Union of European Football Associations (UEFA) for breaching financial break-even requirements for the 2019-2020 season.
The club has now agreed to a settlement agreement with the European football regulator over the next two seasons.
Wolves will agree to a maximum deficit of €30 million (£27.79 million) for the financial year ending 2020, and to finally reach an acceptable break-even result by 2021.
If Wolves end up qualifying for the Champions League next season, they will only be allowed 23 players in their List A European squad instead of 25.
This will also be the case in 2021/22 unless the club fulfils all of the financial measures set out by UEFA’s financial investigatory chamber.
A statement from European football’s governing body read: “The settlement agreement covers the sporting seasons 2020/21 and 2021/22.
“Wolverhampton Wanderers FC undertakes to report a maximum break-even deficit of €30 million in the financial year ending in 2020 and to finally reach, in the 2021/22 season, an aggregate break-even result for the financial years ending in 2019, 2020 and 2021 within the acceptable deviation.
“Wolverhampton Wanderers FC agrees that, for the financial year ending in 2020, its employee benefits expenses are restricted.
“Wolverhampton Wanderers FC agrees to pay a total financial contribution up to €0.6 million, which will be withheld from any revenues it earns from participating in UEFA competitions.
“Of this amount, €0.2 million shall be paid in full while the remaining balance of €0.4 million is conditional depending on the club’s compliance with the break-even target stated in the settlement agreement.
“Wolverhampton Wanderers FC accepts that, for the season 2020/21, it may only include a maximum of 23 players in its List A for the participation in UEFA competitions, instead of the maximum of 25 players as foreseen in the relevant competition regulations.
“Such restriction will continue to apply for the season 2021/22 unless the club fulfils all financial measures agreed with the CFCB Investigatory Chamber.”
Ligue 1 side Lille and Turkish side, Istanbul Basaksehir have also been found guilty of similar breaches by UEFA. Lille – who had a deficit of more than €30 million over three seasons and posted losses of €100 million in 2018 – have since reached a settlement agreement with UEFA.
“The financial situation from the 2017/18 season triggered an investigation from the European body and necessitated an agreement between the two parties which the club is satisfied with, judging it to be fair,” the Ligue 1 side said.
Wolves’ chances of playing European football next season remain uncertain because Arsenal beat Chelsea in the FA Cup final and because it finished in the seventh position, the clubs lost out on qualification and its hope to play in Europe next season rests on winning this year’s Europa League.
Forward Raul Jimenez’s penalty secured a 2-1 aggregate win over Olympiakos to send Wolves into the last eight where they will face Spanish side and the competition’s biggest winners, Sevilla.
Sports
FIFA Picks Saudi Arabia to Host 2034 World Cup
By Adedapo Adesanya
Saudi Arabia has been confirmed as the host nation for the 2034 FIFA World Cup.
Also confirmed were the hosts for the 2030 World Cup, which was awarded to six countries and will take place across three continents to celebrate 100 years of the tournament.
Saudi Arabia was the sole bidder for the 2034 competition. Its host status was confirmed on Wednesday after an online meeting of the 211 members of the International Federation of Association Football (FIFA).
The members confirmed the unchallenged bids by acclamation – simply clapping during the virtual meeting led by FIFA president, Mr Gianni Infantino.
As well as the World Cup, Saudi Arabia is hosting football’s 2027 Asian Cup, the 2029 Asian Winter Games and the 2034 Asian Games. It also has long-term ambitions to host more major events, including the Women’s World Cup.
The 2030 tournament will be led by co-hosts Spain and Portugal in Europe, and Morocco in North Africa. Uruguay, Paraguay and Argentina will each hold an opening match to mark 100 years since the first World Cup took place in Uruguay in 1930, a tournament that the South American nation won.
The next World Cup in 2026 will be co-hosted by three proximal nations in North America— the US, Canada, and Mexico.
Saudi Arabia first published its bid for the World Cup back in August 2024 after FIFA controversially fast-tracked the process for hosting the tournaments in 2030 and 2034.
The bid for the 2034 tournament has led to criticism from activist groups, who argue that Saudi laws will not protect workers overseas.
Some of the issues echoed that of the 2022 tournament held in Qatar.
The tournament will require the construction of eight new stadiums, for a total of 15 hosting venues, plus the addition of 175,000 hotel rooms, which will rely heavily on migrant labour.
Critics of FIFA also insist a Saudi-based World Cup risks a repeat of the rights abuses seen during a decade of similar preparations for the 2022 World Cup in Qatar.
FIFA previously praised the Saudi bid in an in-house evaluation, noting that the 48-team, 104-game tournament offers “significant opportunities for positive human rights impact”.
However, it added that Saudi Arabia must invest “significant effort and time” to comply with international standards.
Sports
Brila FM Suspends Operations in Port Harcourt, Abuja Over N200m Fraud
By Aduragbemi Omiyale
Leading sports radio station in Nigeria, Brila FM, owned by a veteran sports journalist, Mr Larry Izamoje, has suspended its operations in Abuja and Port Harcourt in Rivers State.
The broadcast stations in these two prominent cities of the country are currently not on air as a result of the directive of Mr Izamoje.
He took the action after uncovering fraudulent activities by employees of the company.
It was alleged that Brila FM’s Head of the Port Harcourt branch, Mr Sam Victor Mpong Akakan, has not been remitting funds to the company’s account.
In a statement made available to Business Post, it was stated that Mr Akakan has been arrested by the police in connection with the issue alongside the organisation’s former Chief Accountant, Mr Ekerete Sunday.
Mr Akakan was accused of opening a company, Bricast Communications, only two months after Brila FM Port Harcourt began operations with him as the Head of Station.
It was claimed that he took the first three letters of Brila and the word ‘CAST’ from ‘BroadCASTing’ to register his business name, which he allegedly used to issue invoices meant for Brila FM.
It was said that in connivance with others, Mr Akakan issued several Bricast Communications invoices with Bricast account details to several Brila FM clients instead of the company’s invoice bearing Brila Broadcasting Services Ltd for the diversion of payments for adverts and sponsored programmes aired on Brila FM stations in Abuja and Port Harcourt particularly.
He is also being investigated for forging certificates of broadcasts of Brila FM, tendering the same to clients using his Bricast invoices and getting payments into his Bricast account from such activities.
Mr Akakan was said to have presented himself on several occasions to unsuspecting clients including churches as Brila FM’s marketer and once convinced to do business on Brila FM gave them Bricast invoices for payments to his company (Bricast) repeatedly.
It was claimed that a fraud case involving over N200 million led to the temporary suspension of the Abuja and Port Harcourt branches.
Sports
Analysis Reveals Wilfried Zaha as Africa’s Most Handsome Athlete for 2024
By Dipo Olowookere
An analysis has shown that an Ivorian footballer, Wilfried Zaha, is the most handsome African sportsperson in 2024.
Zaha, who opted to play for Cote d’Ivoire after the Three Lions of England snubbed by him, currently plies his trade in Turkey for Galatasaray.
He moved to Turkey from England, where he played for Crystal Palace, and was one of the stars of the football outfit.
In research conducted by Bettors, Zaha topped the list as the most attractive African male athlete of 2024, closely followed by Odion Ighalo, a former Nigerian striker, and Akani Simbine, a South African sprinter.
The Most Handsome African Athletes of 2024 rankings used the golden ratio as a benchmark for facial attractiveness.
This study carefully analysed high-quality images of athletes from various sports, offering a fresh perspective on their aesthetic appeal.
The methodology involved selecting three high-quality images per athlete, sourced from official sports archives, media outlets, and verified athlete profiles, ensuring accuracy and clarity, according to the results of the research made available to Business Post.
Fourth on the list is Alex Iwobi of Nigeria, who plays for Fulham FC in England, and a Tanzanian footballer with Greece’s PAOK, Ally Samatta, is the fifth Most Handsome Athlete in Africa.
Ghana and Arsenal’s midfielder, Thomas Partey, is sixth, Senegalese Kalidou Koulibaly is seventh, Pierre-Emerick Aubameyang of Garbon is eight, Ivorian Cheick Sallah-Cisse is ninth and Senegalese Reug Reug is number 10 on the list.
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