UEFA Unveils Dates for Champions League, Europa League Resumption

Image

By Adedapo Adesanya

The Union of European Football Association (UEFA) has announced that this season’s Champions League, suspended in March due to the COVID-19 pandemic, will resume on August 7 and be completed with an eight-team mini-tournament which will take place in Lisbon, Portugal.

This was made known by UEFA Deputy General Secretary, Mr Giorgio Marchetti, on Wednesday, adding that the decision was finalised after an executive committee meeting held by video conference.

The quarter-finals and semi-finals will be played over one leg, instead of the usual two, with the final to be held on August 23.

There are still four outstanding round-of-sixteen fixtures to be played. These ties are Real Madrid v Manchester City, Juventus v Lyon, Napoli v Barcelona and Chelsea v Bayern Munich. The fixtures will take place on Tuesday August 7 and Wednesday August 8, either at the originally scheduled venues or in Portugal.

Clubs, including Paris St Germain, Atletico Madrid, Atalanta, and RB Leipzig have already qualified for the quarter-finals before the pandemic forced the suspension.

The plan allows for quicker completion of the season than the traditional two-legged home and away format, but it means the competition will have six fewer games which will cost UEFA broadcast revenue.

The Europa League, which is halfway through its last 16 stage, will follow a similar pattern, with the final rounds to be played in western Germany, with Inter v Getafe and Sevilla v Roma, both of which had their first-leg postponed due to COVID-19, moving to neutral venues and becoming single-leg ties. Again, it is yet to be decided whether the remaining second legs will be played at home or neutral venues.

According to Giorgio Marchetti, “The quarters, the semi-final and the final will be played at four German venues in the same reason: Cologne, Duisburg, Dusseldorf, and Gelsenkirchen between  10th and 24th of August.”

“The round of 16 matches will be played on the 5th and 6th of August. Then we have the special cases of Inter vs Getafe and Sevilla vs Roma”, Mr Marchetti concluded.

Istanbul, Turkey which was due to host the 2020 final, will now instead be the venue for the 2021 edition, while the Super Cup which is match between winners of both competition will hold in Budapest, Hungary on September 24.

Share
Related Stories
Image
13-February-2024

Qatar, Iran, Others Break 15 Records at 2023 AFC Asia Cup

By Modupe Gbadeyanka The just-concluded 18th AFC Asia Cup hosted and won by Qatar saw the shattering of 15 records, data from InsideSport revealed. The competition attracted players from across the top leagues of the globe sweating it out for their different participating countries. During the tournament, Qatar’s Hassan Al-Haydos became only the second player to ever win the AFC Asian Cup as a captain on two separate occasions, while Akram Afif (Qatar) tied Ali Daei (Iran) as the player with the second most goals scored in one AFC Asian Cup tournament – 8. Additionally, Qatar joined South Korea, Iran,

Image
24-January-2024

What Are The Most Popular Casino Slots

When you step into the bustling atmosphere of a casino, the array of sights and sounds can be almost overwhelming. However, among the various table games and the chatter of excited gamblers, there’s a constant: the mesmerizing rows of slot machines, their screens flashing with potential jackpots. The popularity of slots is undeniable, ranging from classic three-reel games to the latest multi-line, feature-packed video slots. One game that has taken the online casino world by storm is the aviator bet, a unique offering that combines simple mechanics with thrilling moments of chance. Slot machines: a brief overview Before we delve

Image
25-January-2024

10 Top Real Money Online Casino Singapore Sites for 2024

Find out about the 10 coolest online gambling sites in Singapore for 2024! Play awesome SG online games, grab great bonuses, and have a chance to win big! Why miss out on casinos when everything else is online? With cool features like free credits in Singapore casinos and fast online payment options, these Singapore gambling sites are perfect for betting with real money. These sites mix old-school games like slots and table games with new stuff like specialty games, 4D lottery, and sports betting. The Singapore online casinos work hard to keep your info safe. They use strong security to

Image
25-January-2024

AFCON 2023: 4 Ways to Get in on the Action With Google

TotalEnergies CAF AFCON 2023 is well underway, with 24 teams competing for the top prize in Africa’s greatest football spectacle. Sports fans across the continent and beyond are turning to Search to stay informed and drum up support for their favourite teams. We want to make sure you don’t miss a second of the action; so, here are some features from Search and YouTube to enhance your AFCON 2023 experience. #1: Follow all the match-time action on Search Throughout the TotalEnergies CAF AFCON Côte d’Ivoire 2023, whenever you search on Google for a tournament, a specific match-up, a team or

More Stories
Image
19-October-2023

Tinubu Appoints Olasupo Olusi BoI MD/CEO as Kayode Pitan Resigns

By Modupe Gbadeyanka Mr Olasupo Olusi has been appointed by President Bola Tinubu as the new Managing Director and Chief Executive Officer of the Bank of Industry (BoI). He is to replace the former occupier of the seat, Mr Kayode Pitan, who resigned from the lending institution for small and medium-sized business owners in the country. In a statement issued by his aide on Media and Publicity, Mr Ajuri Ngelale, the President tasked the new BOI chief executive to ensure that Nigerians, who are operating all sizes of enterprises across sectors, are given fair and equitable access to much-needed support

Image
13-September-2016

How To Boost Students’ Performance In Maths—Teacher

By Dipo Olowookere A Mathematics teacher in Ogun State named Mr Kolawole Bello has highlighted ways to stem the continuous poor performance of students in Mathematics. Mr Bello, who works at The Ambassador College, Ota in Ogun State, while speaking at the on-going Cowbellpedia Mathematics Television Quiz Show in Lagos, stressed that parents and guardians have a major role to play in sustaining the interest of their children in the subject, which is dreaded by many. According to him, parents must strive to complement the efforts of teachers in encouraging and supporting students’ interest in Mathematics and other science subjects.

Image
22-September-2022

72% of Children Globally Face Cyber Threats—Report

By Adedapo Adesanya A new report from The Global Cybersecurity Forum (GCF) has found that 72 per cent of children worldwide have experienced at least one type of cyber threats online. The Why Children Are Unsafe in Cyberspace report, developed in collaboration with Boston Consulting Group, focuses on raising awareness of the critical issues facing the protection of children in Cyberspace at a time when over 90 per cent of children aged eight and above are active on the internet. The report surveyed over 40,000 parents and children across 24 countries in six regions, with results overwhelmingly showing that protection

Image
11-March-2021

MBA Forex Blames CBN for Inability to Return Investors’ Funds

By Modupe Gbadeyanka The management of MBA Trading and Capital Investment Limited, also known as MBA Forex, has attributed its failure to return the funds invested in the country to its owners to the actions taken by the Central Bank of Nigeria (CBN). The firm, which is involved in foreign exchange (forex) trading and investment in capital investment, said the banking sector regulator in Nigeria “suspended any dealings in our [bank] accounts.” According to the chief executive of the organisation, Mr Maxwell Odum, “All other payment gateways we normally use for the easy payout of funds have also blacklisted.” He

Image
24-November-2022

Renewed FX Demand Pressure Weakens Naira at Official Market

By Adedapo Adesanya High demand for Dollars at the Investors and Exporters (I&E) segment of the foreign exchange (forex) market on Wednesday weakened the value of the Nigerian Naira by 0.11 per cent or 50 Kobo. This happened as President Muhammadu Buhari unveiled the redesigned Naira notes by the Central Bank of Nigeria (CBN) at the State House in Abuja at the Federal Executive Council (FEC) meeting yesterday. At the unveiling of the new N200, N500, and N1,000 notes, Mr Buhari said the redesigned naira denominations would help the CBN implement better monetary policy objectives and enrich the collective memory

Image
04-April-2017

Mutual Benefits Assurance Appoints Ashiru-Mobolaji as Director

By Modupe Gbadeyanka Mr Biyi Ashiru-Mobolaji has been appointed as the Executive Director in charge of Operation at Mutual Benefits Assurance Plc. Mr Ashiru-Mobolaji’s appointment was made by the Board of Directors of the firm and it takes effect from April 1, 2017, though subject to regulatory approvals. In his new role, Mr Ashiru-Mobolaji will oversee the Technical and Marketing & Distribution Channels of Mutual Benefits Assurance Plc. He is a Chartered Insurance Practitioner with a Higher National Diploma in Insurance from the Polytechnic Ibadan in 1996, an alumnus of Lagos State University, where he bagged a Master in Business

Image
03-October-2023

NASD Index Rises 0.83% in Week 39

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed Week 39 mixed as the unlisted securities index rose by 0.83 per cent, while the market capitalisation depreciated by 2.63 per cent after VFD Group Plc finally delisted after three years of trading on the platform. According to data from the bourse, the NASD index went up by 6.70 points to 815.65 points from 808.95 points, while the value of the exchange shrank by N30 billion to N1.110 trillion from N1.140 trillion. In the week, Nipco Plc improved its value by 9.8 per cent to close at N95.00 per share

Image
14-March-2020

Naira Appreciates After CBN Rules Out Devaluation

By Adedapo Adesanya Calm return to the foreign exchange market in Nigeria on Friday after the Central Bank of Nigeria (CBN) on Thursday said it was not going to devalue the Naira as earlier being feared in some quarters. This made the local currency to retreat to N380/$1 at the parallel market yesterday, after the value depreciated to N400/$1 at the black market due to panic demand for forex. This consequently made dealers to hoard the ones with them. However, the local currency depreciated by N2 against the Euro at the same market segment, selling on Friday at N416/€1 instead

Ad
Ad
Recent Stories
Image
01-March-2024

Nigeria Wants Share in $350bn Global Outsourcing Market

By Aduragbemi Omiyale The global outsourcing market is estimated to be worth about $350 billion and Nigeria is looking to take a slice of it to address the rising unemployment rate in the country. Before 2023, the National Bureau of Statistics (NBS) put the unemployment rate at about 33 per cent, but in its revised edition, the agency said the rate grew to 5.0 per cent in the third quarter of last year. The outsourcing market is becoming the new oil market and Nigeria, which prides itself as the largest economy in Africa because of its population size of over

Image
01-March-2024

Lokpobiri Charges New NCDMB Council on Growth of Nigeria’s Energy Sector

By Adedapo Adesanya  The Minister of State for Petroleum Resources (Oil), Mr Heineken Lokpobiri, has charged the newly inaugurated fourth Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) to continue advancing the country’s oil and gas industry. The NCDMB Governing Council is set up under the Nigerian Oil and Gas Industry Content Development (NOGICD) Act and draws membership from representatives of select institutions connected with the energy sector. The fourth NCDMB Governing Council would be chaired by Mr Lokpobiri, while the Executive Secretary of NCDMB, Mr Felix Omatsola Ogbe, would serve as the Secretary. Others are the

Image
01-March-2024

How to Protect Your Crypto From Scams, Hacks

In 2023, it is estimated around $2 billion was lost by investors to scams, rug pulls and hacks. Although the technology is becoming more secure and stable and many users are more aware of the tricks used to steal assets, there are still ways for thieves to extract your crypto if you aren’t careful.   Experts at Smart Betting Guide have provided a guide on the best ways to keep your crypto safe in 2024.  1. Do not store your password and seed phrase on the Cloud   For many people, the best and most convenient way to access crypto is through

Image
01-March-2024

FX Crisis: Nigeria May Slam $10bn Fine on Binance

By Adedapo Adesanya The Nigerian government may be considering a $10 billion fine on Binance, a crypto exchange platform, amid a crackdown on crypto platforms in desperate moves to restore the nation’s battered foreign exchange (FX) market. This information was disclosed by Mr Bayo Onanuga, who is the Special Adviser on Information and Strategy to President Bola Tinubu, in an interview with the British Broadcasting Corporation (BBC) on Friday morning. According to the President’s aide, this was necessary as the Nigerian government believes Binance profited substantially from its “illegal transactions” in the country while the nation suffered huge losses. Mr

Image
01-March-2024

Business Confidence in Nigeria Falls in February Amid Rise in Input Costs

By Modupe Gbadeyanka Business conditions in Nigeria slowed to 51.0 in February 2024 from 54.5 in January 2024, as price pressures intensified in the private sector at an unprecedented pace in over a decade of data collection, the Stanbic IBTC Bank Purchasing Managers’ Index (PMI) has revealed. A statement from the lender disclosed that the improvement in business conditions was the weakest since the recovery in the private sector began last December. It stated that input costs surged higher in the period under consideration as a result of higher fuel prices and exchange rate weakness, which drove up material costs.

Image
01-March-2024

Harvard Business School Introduces Tony Elumelu Foundation Case Study

By Modupe Gbadeyanka A case study to spotlight the role of celebrated African businessman, Mr Tony Elumelu, in transforming the development agenda on the continent through his Tony Elumelu Foundation (TEF) has been introduced by the Harvard Business School. The case study, launched on Thursday, February 29, 2024, will critically look into how the former banker is catalysing entrepreneurship in Africa through his Africapitalism approach. At its unveiling before a class of graduate students at Harvard Business School, Mr Elumelu said, “TEF is creating economic hope and opportunity for African entrepreneurs. We know that entrepreneurship is the solution to youth

Image
01-March-2024

Unlisted Securities Remain in Negative Territory by 1.36%

By Adedapo Adesanya Correction at the NASD Over-the-Counter (OTC) Securities Exchange continued as it recorded a 1.36 per cent loss on Thursday, February 29. The bourse lost N21.34 million of its value during the trading session to close at N1.542 trillion compared with the preceding day’s N1.564 trillion and the NASD Unlisted Security Index (NSI) went down by 15.74 points to end the day at 1,138.05 points versus Wednesday’s 1,153.79 points. Yesterday’s decline was influenced by Aradel Holdings Plc, which further suffered further profit-taking, causing its price to drop N98.25 to close at N2,401.75 per share versus the preceding session’s

Image
01-March-2024

Naira Firms to N1,595/$1 at NAFEX, Weakens to N1,500/$1 at Black Market

By Adedapo Adesanya The Naira ended a tumultuous February as it recorded a price appreciation f 0.09 per cent or N14.40 against the US Dollar on Thursday, February 29, in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data obtained from the FMDQ Securities Exchange showed that the value of the local currency closed at N1,595.11/$1 during the session compared with the preceding day’s N1,609.51/$1. Also, the Nigerian currency improved its value against the Pound Sterling in the official market yesterday by N20.34 to close at N2,046.19/£1 compared with the preceding session’s N2,066.53/£1 and strengthened against the Euro by N16.5 to

Image
01-March-2024

Oil Down as US Inflation Signals Weak Crude Demand

By Adedapo Adesanya  Oil was down on Thursday as inflation data in the United States implied a softening of the world’s biggest economy that could weaken crude demand. Brent futures went down by 6 cents to $83.62 a barrel and the US West Texas Intermediate (WTI) futures depreciated by 28 cents to $78.26 a barrel. The US Federal Reserve’s preferred inflation gauge, the US Personal Consumption Expenditures (PCE) index, showed January inflation in line with economists’ expectations. The index rose 0.3 per cent last month, the Commerce Department’s Bureau of Economic Analysis said. Data for December was revised lower to

Image
01-March-2024

Local Stock Market Rebounds, Closes Last Day of February 0.68% Higher

By Dipo Olowookere The last trading session of February 2024 at the Nigerian Exchange (NGX) Limited ended on a positive note as it rebounded by 0.68 per cent after the interest rate hike scare. The growth posted on Thursday was triggered by bargain-hunting in financial stocks, especially those selling at cheaper prices after the sell-offs in the past few sessions. However, profit-taking persisted in the other sectors of the bourse, with the energy, and consumer goods indices closing lower by 0.33 per cent, and 0.18 per cent, respectively. Business Post reports that the banking space rose by 6.14 per cent,