Football: FAS looking to claim unpaid rights fees from media agency MP & Silva
"It was inevitable that one of our creditors would file for liquidation past it happened in the UK."MPS was founded in 2004 by Italian businessmen Riccardo Silva and Andrea Radrizzani, the owner of English Championship side Leeds United. below their leadership, it became the biggest performer in the global sports media rights market, holding the puff rights to major competitions such as the top English, German and Italian leagues, and Formula One.The pair sold a 65 per cent stake to Chinese companies Everbright Securities and Beijing Baofeng Technology for US$1 billion (S$1.38 billion) two years ago.Problems started to surface soon after.MPS reportedly futile to create payments to several new creditors, including the English Premier League, Italian Serie A, and German Bundesliga.On Dec 1, The times of London reported that PwC was seeking a tall Court order to appoint it as provisional liquidator in order to prevent a "scramble" for 4.32 million (S$6.75 million) in the bank accounts of MPS' Irish subsidiary, which reportedly owes 55.3 million to creditors.Across the Causeway, MPS' 15-year, RM1.2 billion (S$395 million) treaty past the Football membership of Malaysia (FAM), with signed in 2015, was been terminated and the issue is now below arbitration.Its Singapore office with faced issues.Sources revealed that MPS' society president and chief paperwork Seamus O'Brien, who joined lonesome in January, left the organisation in August.He was followed out the entrance by Wu Swee Sin, MPS' Asia-Pacific managing director, along past several new management-level staff, leaving what sources freshen was a skeleton crew of junior staff numbering fewer than 10.The long-lasting staff had their hands tied because of the company's authentic issues and are understood to have conducted tiny to no issue higher than the last five months.ST understands that long-lasting employees had their contracts terminated in mid-November without any guarantees of inborn adequately paid for the one-month pronouncement required before the dissolution of contracts. Staff were asked by liquidators to go along with proof of what the company nevertheless owes to them, and have already provided the required documentation.Staff are usually the first creditors paid past a company undergoes liquidation, but that can lonesome happen after liquidators - in this war PwC - receive a court order to liquidate.Cristiano Ronaldo insisted he has no immediate plans to retire from international football after helping Portugal lift the inaugural Nations League on Sunday. Ronaldo, 34, was a peripheral figure as Goncalo Guedes's goal won an underwhelming final against the Netherlands 1-0 in Porto. But after
Ronaldo still hungry for more glory with Portugal
I believe in potential of Singapore football to reach greater
Ben Yedder missed a clear chance to double Sevilla's advantage but was thwarted by Atletico goalkeeper Jan Oblak, before Atletico drew level at the end of the first half through Griezmann's sizzling set-piece. The draw left Atletico second in the standings on 35 points with Sevilla third on 33, while Barcelona, on 37 points and in action
Griezmann special earns Atletico 1-1 draw at Sevilla - The
Why the Spurs Will Have Frost Bank Logos on Their Jerseys This Season. San Antonio's team found a local partner for their first jersey sponsor. By. But our main focus is in Texas, and we
Frost Bank First-Ever Jersey Partner of the San Antonio Spurs
Zidane vague on Bale's future after scrappy win over Eibar Real Madrid's Welsh forward Gareth Bale reacts during the Spanish league football match between Real Madrid CF and SD Eibar at the Santiago Bernabeu stadium in Madrid April 6, 2019.
Zidane vague on Bale's future after scrappy win over Eibar
worldsoccertalk.com/2019/04/06/zidane-vague-on-bales-future-after-scrappy-win-over-eibar/
Zidane vague on Bale's future after scrappy win over Eibar AFP April 6, 2019 AFP No Comments Madrid (AFP) - Zinedine Zidane refused to guarantee Gareth Bale's future at Real Madrid after the Welshman struggled again in a 2-1 victory over Eibar on Saturday.
Zidane vague on Bale's future after scrappy win over Eibar
"With clubs not used to this level of scrutiny, there may be some level of trepidation but again, this will only ensure a higher level of transparency and accountability in Singapore football." ( @ JoseRaymond / @ TODAYonline ) # SGPL # sgfootball
Kia Tong Lim is Deputy Chairman, Disciplinary Committee at Fédération Internationale de Football Association. View Kia Tong Lim's professional profile on Relationship Science, the database of decision makers.
Zainudin bin Nordin, Member of the Bishan-Toa Payoh Group
Tottenham kick off their 2019-20 pre-season preparations in Asia this summer, with games taking place in Singapore and China, before returning home to London via Germany.
Tottenham Hotspur FC to visit S'pore for the first time since
Malaysia made amends for the poor showing against Singapore to come away deserved 1-2 winners against Afghanistan in the Airmarine Cup. Hammered from pillar to post for the abysmal showing in the
Sumareh vows to improve on Singapore showing | Goal.com
11:59 AM ET Burnley beat Fulham 2-1 at Turf Moor on Saturday thanks to two own goals to make it three straight league wins for Sean Dyche's side and leave the visitors deep in relegation danger.
EPL: Fulham sunk by two own goals at Burnley | Football News
NICE, France,: Sweden produced a breathtaking display of attacking football to thrash Thailand 5-1 in Nice on Sunday and book their place in the last 16 of the women's World Cup.
Rampant Sweden pummel Thailand 5-1 to book last 16 spot
Makeshift Barcelona side beaten at Celta and lose Dembele to injury subscribe:
Get a report of the Paris Saint-Germain vs. Nimes 2018/19 French Ligue 1, Regular Season football match. Mbappe reaches Ligue 1 half century as PSG brush Nimes aside.
Paris Saint-Germain vs. Nimes - Football Match Report
Football: Tottenham set for kick-off at new stadium to hopefully usher in a glorious new era A general view of the exterior of the new Tottenham Hotspur Stadium. PHOTO: AFP
The Straits Times - Breaking News, Lifestyle & Multimedia News
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