February 18, 2020

More sports in brief

first_imgYoung facing longtime out with injuryMANCHESTER, England (AP):Manchester United say winger Ashley Young is facing a lengthy time out with a groin injury, which will require surgery.Young picked up the injury three minutes before half-time in the 1-0 victory at Anfield last week and was replaced by Cameron Borthwick-Jackson, who has made three appearances for United this season.UEFA won’treplace PlatiniGENEVA (AP):UEFA will not replace Michel Platini as president, while he is pursuing legal routes to overturn his eight-year FIFA ban.Platini was banned over a $2 million payment from FIFA in 2011 for uncontracted salary as an adviser to Sepp Blatter.UEFA will meet in Budapest at a congress in May when a new president could have been elected before the European Championship.But UEFA says its executive committee has “decided there will be no UEFA presidential election scheduled until the sports justice appeal bodies, including potentially the Court of Arbitration for Sport, have taken a decision.”Lloyd, Hernandez voted top CONCACAF playersMIAMI BEACH, Fla. (AP):American midfielder Carli Lloyd and Mexican forward Javier Hernandez have been selected CONCACAF’s Players of the Year.Lloyd, also voted FIFA Women’s Player of the Year, scored a hat trick in the World Cup final, where she earned the Golden Ball as top player.Hernandez scored the first goal for Mexico in its play-off win over the United States for a berth in the 2017 Confederations Cup.last_img read more

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Tribunal to rule on Monday on ex-FIFA head Sepp Blatter’s soccer ban

first_imgFormer FIFA president Sepp Blatter will discover on Monday whether he has won his appeal against a six-year ban from football imposed for ethics violations amid the biggest corruption scandal ever to shake the world soccer body.Blatter led the global soccer body for 17 years until he resigned in June last year after several dozen football officials, including former FIFA executive committee members and entities, were indicted in the United States on graft-related charges.Blatter, 80, was not among those indicted but himself became embroiled when he was banned from all football-related activity the following December by FIFA’s ethics committee, along with the then UEFA president Michel Platini.  (Also read: Sepp Blatter appeals against six-year ban)As a result of the scandal, FIFA has been forced to implement wide-ranging reforms to make itself more transparent and accountable, as have regional governing bodies in South America (CONMEBOL) and North and Central America and the Caribbean.Meanwhile, Swiss prosecutors are investigating the decision made in 2010 to award the 2018 World Cup to Russia and the 2022 tournament to Qatar.The bans were imposed on Blatter and Platini for ethics violations related to a payment of two million Swiss francs that FIFA made to Platini with Blatters approval in 2011 for work done a decade earlier.Both men, who have denied wrongdoing, were initially banned for eight years, later reduced to six by FIFAs appeals committee.The Court of Arbitration for Sport (CAS), sport’s highest tribunal, said on Friday it would announce its verdict in the case at 1400 GMT.advertisementPlatini has already taken his case to CAS, which rejected his appeal but reduced his ban to four years.last_img read more

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UK Regulator Approves Baltic Exchange Takeover

first_imgzoom UK’s Financial Conduct Authority (FCA) approved of Singapore Exchange’s acquisition of London-based Baltic Exchange Limited on October 13, the Baltic Exchange confirmed.The approval comes on the back of the green light received from Baltic Exchange’s shareholders on the GBP 87 million takeover deal following a period of extensive consultations.The Baltic Exchange said that, after the approval of the earlier agreed scheme by Baltic Exchange shareholders on September 26 and in light of the decision by the FCA, the Court Hearing to sanction the scheme, which was initially expected to be in late November 2016, has now been scheduled to take place on November 7.The acquisition is the latest in a series of mergers and acquisitions in the world of exchanges, prompted by the persistent downturn in the shipping industry, according to Reuters.Singapore Exchange Limited (SGX) and Baltic Exchange agreed on the terms for the recommended offer by SGX for the entire issued share capital of the Baltic Exchange in late August.Under the terms of the acquisition, Baltic Exchange shareholders will be entitled to receive GBP 160.41 in cash for each Baltic Exchange Share and GBP 19.30 in cash per Baltic Exchange Share as a final dividend.World Maritime News Stafflast_img read more

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