Connect with us

Sports

Barcelona to shine light on financial meltdown under Bartomeu

Published

on

Reading Time: 2 minutes

Barcelona president Joan Laporta will present the results of a club investigation into financial mismanagement under the previous board on Tuesday, with former president Josep Maria Bartomeu expected to be in the firing line.

The findings of the ‘forensic report’ prompted the prosecutor’s office in Barcelona to launch an investigation on Friday into “economic crimes”, a source told AFP, after the club filed a complaint last week.

Barcelona’s report was initiated after the club’s general director, Ferran Reverter, announced the results of an internal audit in October. 

Reverter said the club was “technically bankrupt” when Laporta took over as president in March 2021 and that Bartomeu’s regime had been “disastrous”.

Advertisement

The audit uncovered total club debts of 1.35 billion euros.

“There were signs that we had to investigate further and for this reason we will do a forensic report,” Reverter said in October.

“If any irregularities are found, the club would pass it on to the legal department to take the appropriate measures,” he added.

The report focuses on various financial issues, including money paid to agents and the spreading of fees over numerous contracts, allegedly to avoid exceeding spending limits.

Barcelona also spent eye-watering sums on transfers under Bartomeu, with expensive signings such as Ousmane Dembele, Philippe Coutinho and Antoine Griezmann.

Advertisement

“We have the feeling that when we signed players, it was not part of the plan to see if we could afford them,” Reverter said. “The same night they signed Griezmann they realised there was not enough money to do it.”

Bartomeu has defended his time as president, rejecting the figures presented by the new board while blaming losses on the crisis caused by the pandemic.

Barcelona closed the 2020/2021 financial year with losses of 481 million euros (565.4 million dollars). This season they hope to post a small profit of 5 million euros (5.8 million dollars).

Advertisement
Continue Reading
Advertisement

Sports

Bangladesh likely to play in hockey’s Asia Cup

Published

on

Reading Time: < 1 minute

Despite not qualifying through the AHF Cup in April, the Bangladesh national hockey team are likely to get an opportunity to participate in the upcoming Asia Cup, replacing Pakistan, who may withdraw due to security concerns.

The eight-team Asia Cup is scheduled to take place from August 29 to September 7 in Bihar, India. The tournament was originally supposed to feature the top two finishers from April’s AHF Cup — Oman and Chinese Taipei — alongside six automatic qualifiers: India, Pakistan, Japan, South Korea, Malaysia, and China.

However, recent international media reports suggested that Pakistan government unwilling to send teams to India in either of the tournaments to be held this year in that country – the Asia Cup and the FIH Junior World Cup.

Bangladesh finished third in the AHF Cup after losing to Oman in the semifinals, marking the first time in 43 years that the four-time champions failed to secure an Asia Cup berth.

Advertisement

Continue Reading

Sports

Messi and Alba suspended for one match for missing MLS All-Star

Published

on

Reading Time: < 1 minute

Lionel Messi has been suspended for one game after sitting out the MLS All-Star Game without prior approval, the league said on Friday.

The Inter Miami forward and his teammate, Jordi Alba, did not compete on Wednesday despite not being injured, even though they were included in the All-Star roster.

“Per league rules, any player who does not participate in the All-Star Game without prior approval from the league is ineligible to compete in their club’s next match,” MLS said in a statement.

The suspension will see them miss Inter Miami’s match against FC Cincinnati on Saturday. Messi has scored 18 goals so far this season.

Advertisement

Messi rested this week, according to Inter Miami coach Javier Mascherano.

“Look, players always have discomfort, especially when they play every three days,” Mascherano was quoted as saying by ESPN.

Continue Reading

Sports

Bangladesh women crush Nepal to clinch undefeated title

Published

on

Reading Time: 2 minutes

Bangladesh’s women’s football team secured the championship in dominant fashion, defeating Nepal 4-0 in their final round-robin match at the Bashundhara Kings Arena on Monday (July 21).

The win confirmed Bangladesh as undefeated champions, having won all six of their matches in the four-nation tournament.

Forward Sagarika was the star of the match, scoring all four goals for the home side. Her performance marked a remarkable return to form after serving a three-match suspension.

The match began with a minute of silence in memory of the victims of the tragic Bangladesh Air Force jet crash at Milestone School and College in Uttara, which occurred earlier in the day. The somber moment set the tone for a spirited and emotional game.

Advertisement

Bangladesh dominated from the outset. In just the second minute, Sagarika tested the Nepal goalkeeper with an early effort. She broke the deadlock in the 8th minute, timing her run perfectly to beat the offside trap and finishing with a sharp diagonal shot.

Nepal nearly equalised in the 18th minute due to a defensive error, but the ball rebounded off the post. Bangladesh came out even stronger in the second half. In the 52nd minute, Sagarika netted her second with a composed finish after controlling a pass with her first touch.

She completed her hat-trick minutes later, lobbing the ball over the goalkeeper from a long ball received near the edge of the box. Her fourth came in the 76th minute following a solo run that sliced through Nepal’s defence before calmly placing the ball past the keeper.

Coach Peter James Butler substituted Sagarika after her four-goal haul to a round of applause from teammates and fans.

Sagarika had earlier scored a hat-trick against Sri Lanka in Bangladesh’s 9-1 victory at the start of the tournament but missed three subsequent matches due to a red card against Nepal. Her return proved crucial as she led the team to victory and the title.

Advertisement

Bangladesh topped the table with a perfect record of six wins and 18 points. Nepal finished second with 12 points.

Continue Reading

Trending

Editor : Jashim Uddin ; Publisher: Rafiqul Alam Address: Bengal Centre (6th floor), 28 Topkhana Road, Dhaka-1000, Bangladesh Ph :+8802-7124586 e-mail:dailyfrontlinebd@gmail.com Copyright © 2020 Daily Frontline. Bangladesh Independent Daily.