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ZANDVOORT, Netherlands, Aug 20 : TWG Global said its motorsport properties, including the Cadillac Formula One team, would not be changing ownership amid speculation about billionaire chief executive Mark Walter's sporting assets following the sale of the Los Angeles Lakers.
Rory McIlroy expressed concerns about the state of his game after finishing above only two other players in the FedEx St. Jude Championship, saying he felt «lost.»
RIYADH: It might come as a surprise to some that Simone Inzaghi is now one of the longest-serving head coaches in the Saudi Pro League, after just over 14 months in charge of Al-Hilal.
PARIS: European football's governing body UEFA said they would maintain their boycott of the men's and women's World Cups on Thursday (Aug 6) despite FIFA withdrawing the plan to open up their competitions to private investment.UEFA's initial threat issued last Thursday to boycott FIFA competitions is widely credited in being pivotal in the plan being shelved.Although that was one of their conditions to be met for them to withdraw their threat, they said on Thursday the second one had not been met. "UEFA's associations were very clear about the conditions attached to their non participation in FIFA competitions," read their statement."First, the proposals to sell off the major competitions had to be withdrawn and secondly, assurances have to be made that such attempts to disfigure the game in this way will never be made again."These conditions have not been met."
UEFA said its participating members could still boycott FIFA competitions, including the World Cup, despite Gianni Infantino's apology for his failed plan to sell stakes in the World Cup.
GENEVA: Two senior FIFA executives — coaching great Arsene Wenger and CEO-like secretary general Mattias Grafstrom — distanced themselves Tuesday from their boss Gianni Infantino’s failed plan to sell stakes in future World Cup profits to private investors. Wenger said in a statement he knew nothing of the $20 billion plan and that it was “absolutely necessary” to drop the proposal, and Grafstrom sent an email to all FIFA staff — seen by The Associated Press — calling the last week a “sad and reproachable series of events.” He also said it created “turmoil which is difficult to comprehend and accept.” Neither directly named Infantino or offered support for the now-embattled president. The comments by Wenger and Grafstrom had echoes of the direct criticism from FIFA chief operating officer Kevin Lamour, who said Friday that staff had been “deceived” by Infantino’s private equity plan, which provoked a furor in global football. Lamour called it the “project of one person” and said FIFA staff “deserve better than contempt and intimidation.” The three executives are respected and trusted figures among the 211 FIFA member federations who now hold sway over Infantino’s grip on a presidency that looked unshakeable after the World Cup ended barely two weeks ago. UEFA legal threat to FIFA Wenger, Grafstrom and Lamour also were named in a letter from UEFA’s lawyers to Infantino among 18 executives whose data and communications should be retained as potential evidence. “You do not need to worry,” Grafstrom wrote Tuesday to the hundreds of FIFA staff based mostly in Zurich and Coral Gables, Florida.
July 30 : Following is UEFA's statement on Thursday regarding FIFA's plan to sell stakes to external investors in a subsidiary to run World Cup and other FIFA competitions.
Fifa’s plans to sell off stakes in a World Cup company to private investors appear in tatters after European nations pledged to boycott all its competitions until the project is scrapped.