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Corinthians Refuse To Drop Betting Sponsor Despite Brazil Licensing Rules

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Brazil’s clubs are proving reluctant to give up their betting sponsors despite the Brazilian Football Confederation (CBF) saying it will enforce a ban on club sponsorship by bookmakers across all levels of Brazilian football who do not hold state betting licenses.

Corinthians, who have a deal with Esportes da Sorte, are refusing to drop their sponsorship despite the bookmaker not holding a licence in the state of São Paulo.

Esportes da Sorte does have a registration in the state of Rio de Janeiro, where it holds a five-year licence with the Rio de Janeiro State Lottery (LOTERJ).

Until recently that lottery license enabled bookmakers to operate in other states. However, this has been the subject of legal dispute with LOTERJ obtaining an injunction enabling firms to continue operating nationally under its licences, before that decision was suspended in a federal court on October 5.

Corinthians argue that the club “is authorised to continue displaying the Esportes da Sorte brand, according to the current contract, which continues to be fully complied with by the parties”, and is not backing down.

For the moment the CBF has now granted an exception for companies licensed by LOTERJ. Though with the federal government eager for cash and taxes from better regulated gambling market, they may be pressured to change position on this again.

Brazil set to launch nationwide regulation of its gaming market in January 2024

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Andres Iniesta Completes Buying Of Danish Club

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Andres Iniesta Completes Buying Of Danish Club

Ex-Spain and Barcelona superstar, Andres Iniesta dominated international and domestic football for decades on the pitch, and he’s now hoping to do the same except on the other side of the white lines after becoming the co-owner of Danish third-division side Helsingør.

Iniesta, who recently announced his retirement from playing said: “It’s a fantastic opportunity to get to know football in a different way.”

This collaboration between the Swiss investment group Stoneweg, and the Spaniards, newly formed sports management company NSN is his first off-field football adventure, though the 40-year-old is currently undertaking his coaching badges in the United Arab Emirates.

In a lengthy interview with the clubs’ website, the man who scored the winner in the 2010 World Cup Final said: “It’s an incredibly exciting club with really good facilities, a lot of good people in and around the club, and a potential in the city to become an important part of Danish football.”

Helsingør currently sit in 7th place in the 12-team division and are coached by fellow Spaniard, Pep Alomar, while the sporting director, Quim Ramón, has previously worked within Barça’s youth academy.

The Danish club was founded in 2005 when five clubs merged together, however, in their 20 years of existence they have never reached the top-flight. Iniesta believes that there is opportunity and ambition to change that saying: “It’s an incredibly exciting club with really good facilities, a lot of good people in and around the club, and a potential in the city to become an important part of Danish football.”

The ownership of Helsingør, has been something of a hot potato over the last few years as they were run by the American investment group led by Jordan Gardner for three seasons until August 2022, before being taken over by the local businessman Bo Bay Haugaard.

With Danish football a cheaper option than traditional European leagues, and a steady flow of talented young players, the opportunity to have ROI is attractive to sharp financial investors.

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Barcelona Poised To Sign Staggering €1.7bn Nike Kit Deal

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Barcelona Poised To Sign Staggering €1.7bn Nike Kit Deal

Barcelona are close to agreeing a new mega-money kit manufacturing deal with Nike worth €1.7bn over the next 14 years, reports in Spain have confirmed.

The Catalan giants have had their kits produced by Nike since 2000, marking one of the most successful commercial partnerships of all time.

But it looked as if their bond would be broken when Barcelona president Joan Laporta said in March that he’d be looking to terminate their agreement because of a “flagrant” breaches of contract.

“They had 45 days to compensate us, they did not do so and we informed them that the contract was being terminated, to which they responded with precautionary measures, to which we have responded and are now seeing the solution to these measures,” Laporta ranted.

“They have tried to improve the contract, but they have made efforts that are not enough because we know that the market pays more. The easy thing would be to continue with Nike with a contract below the market, but sometimes the easy thing is not the best for the club.”

Some six months on, there were fresh reports that Barcelona and Nike were ‘very close’ to performing a U-turn, in a deal that would have a significant positive impact on the club’s precarious finances.

Spanish publication Mundo Deportivo report, citing various sources, that a fresh agreement is indeed in place – one that will commit Barcelona and Nike to one another until 2038.

The deal is said to include a €158m signing-on bonus for Barcelona, to be paid over the course of the agreement. They will also earn an extra €127m annually, taking the overall value of the deal towards the €1.7bn mark.

Nike’s brand rival, PUMA, who are the kit manufacturer for Premier League champions Manchester City among others, are understood to have tabled a formal offer, but will now watch on as Barcelona’s partnership with the world’s most iconic sports brand stretches towards the 40-year mark.

 

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5,000 Tickets Sold For One Of FA WNL’s Four Top-Two Clashes

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5,000 Tickets Sold For One Of FA WNL’s Four Top-Two Clashes

The FA Women’s National League is set for a dramatic Sunday at the top of at least four of its divisions in which the leading pairs clash.

The Northern Premier’s top two are away to mid-table opposition, as leaders Wolves travel to Liverpool Feds and Nottingham Forest – two points of pole position with a game in hand – go to West Brom.

Burnley – who have played fewer matches than all their title rivals – visit Sporting Khalsa, while Rugby host Hull and Stoke are away at Halifax, with Derby entertaining Stourbridge in the other fixture.

Hashtag United versus Oxford United is a clash of the Southern Premier’s leading pair, Ipswich are well-placed with two games in hand and on the road at Cheltenham.

Exeter head to Watford, fifth plays sixth with Billericay home to Wimbledon, while Plymouth take on Gwalia United and Lewes are at basement side MK Dons.

Division 1 Midlands also has its top two going head-to-head with Leafield playing Peterborough, Northampton and Loughborough – who have played fewer games than the top two – host Solihull and Sutton Coldfield respectively.

Middlesbrough lead Division 1 North and are away to Doncaster, Chorley in second face Leeds in fourth, Cheadle sit fifth ahead of hosting Huddersfield in fifth.

Yet another meeting of a leading pair comes in Division 1 South East with Norwich City against Actonians. Real Bedford and Chatham can catch the top two with a game in hand, while Dulwich and Sudbury are not far off the pace ahead of their meeting.

Not only does Division 1 South West feature second against first but both are unbeaten and AFC Bournemouth even with a 100% record before playing Swindon at the Vitality Stadium.

 

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