Sports news. Confusao in Brazil. Retweets don't mean endorsements etc. views mine, all mine. Instagram: tariq_panja

PSG Soccer Team’s Biggest Income Stream Is ‘Other’

bloomberg.com — Paris Saint-Germain, the Qatari-owned soccer team fined for breaching European soccer's finance regulations, made more money from miscellaneous sales than from TV rights, sponsorship and tickets combined. Propelled by funds from Qatar's government, PSG has emerged as among the biggest spenders in soccer, buying its way to domestic success and a position in Europe's elite Champions League.

Watchmaker Parmigiani Boosted After Named as Illicit FIFA Gift

bloomberg.com — A luxury Swiss watchmaker says it's become the unintentional beneficiary of the latest scandal to affect soccer's governing body FIFA. FIFA ordered officials to return a 25,000 Swiss franc ($26,400) model made by Parmigiani Fleurier SA that was distributed to them by Brazil's soccer federation before the World Cup hosted in the South American country earlier this year.

Drone Causes Brawl, Forcing Abandonment of Serbia-Albania Soccer

bloomberg.com — A qualifying game for soccer's European Championship between Serbia and Albania was abandoned after a remote-controlled aircraft buzzed the field in Belgrade. The drone hovered over the playing surface dangling a banner bearing the Albanian flag for several minutes before halftime with the score tied at 0-0.

Rio Olympics Bet on Flip-Flops to Hit $420 Million Target

bloomberg.com — Organizers of the 2016 Olympics Games in Rio de Janeiro are banking on the popularity of flip-flops and a yet-to-be-announced cuddly mascot to help meet a target of 1 billion reais ($420 million) in total merchandise sales.

Heat, Cavaliers Told 3-Point Gesture May Offend NBA Fans in Rio

bloomberg.com — Miami Heat and Cleveland Cavaliers players have been told that a gesture used to celebrate a successful 3-point shot may be offensive to fans in Rio de Janeiro, where they will play an exhibition game tomorrow. The celebration, in which players make a circle around their eyes and raise the remaining three fingers, is similar to an insulting gesture in Brazil.

Itau Bank Attacks Brazil Soccer Clubs for ‘Reckless’ Spending

bloomberg.com — Brazil 's top soccer clubs "recklessly" wasted money from record TV rights fees on buying players instead of investing in youth development, according to a report by Latin America's largest bank. The revenue of Brazil's 23 largest clubs almost doubled between 2010 and 2013, when total income reached 3.2 billion reais ($1.35 billion), according to Itau Unibanco Holding SA (ITUB), the region's biggest lender by market value.

Europe puts pressure on third-party stakes in players

bdlive.co.za — Europe puts pressure on third-party stakes in players RIO DE JANEIRO - A decision to ban investors from buying stakes in players in soccer's $3.7bn annual trading market was brought forward amid threats from European officials to introduce their own ban should the sport's global body not act.

Brazil’s Soccer Obsession Has Romario, Bebeto Elected to Office

bloomberg.com — Brazil's obsession with soccer was evident during its parliamentary elections yesterday as two former World Cup winners swept into office. Romario and Bebeto were Brazil's strikers when the national team won its fourth World Cup title in the U.S. in 1994.

British Olympic Rowers Ordered to Stay out of Polluted Rio Water

bloomberg.com — For most visitors to Rio de Janeiro, a dip in the ocean at the Copacabana beach is a must. Yet, concerns over water quality and dangerous currents have meant Britain's Olympic rowing team was ordered to stay out. Members of the 36-person team are staying on dry land for their weeklong preparatory trip to the 2016 Olympic host city.

IOC Says Rio Olympics Back on Track, Six Months After Criticism

bloomberg.com — The International Olympic Committee said Rio de Janeiro has turned a corner and is making "huge progress" toward readying itself to stage the 2016 Games. The inspectors' comments contrast with their remarks on their last visit to the city six months ago, when coordination commission head Nawal El Moutawakel told organizers that the time had come to match words with deeds after several projects fell behind schedule.
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Oct 22, 2014

No water in the dressing rooms and hardly any fans at the Pantanal stadium for Corinthians game tonight. Arena built for World Cup.

Oct 22, 2014

RT @guidorneles: 100 dias depois da Copa e é oficial: Arena Pantanal está abandonada.

Oct 22, 2014

@DanKennett may mean we get to see some of these guys take the field too. Probably no other time when so much talent languished on bench.

Oct 22, 2014

The concentration of talent in the biggest/richest teams in Europe is frightening. Can't think of another era when so few had so much.

Oct 22, 2014

RT @McDonnellDan: Roy Keane on stage talking about Ronaldo, unaware of the score. "I suppose he's got a hat-trick by now". If only he knew.

Oct 22, 2014

RT @BreakingNews: Jury returns guilty verdicts for all 4 former Blackwater guards charged in Iraq shootings - @AP breakingnews.com/t/1Y

Oct 22, 2014

Uefa considering swapping stadium closures with women/children only games. But racism not gender prob. Remember this: usatoday.com/story/sports/s…

Oct 22, 2014

Started a taxi journey 45 minutes ago. Am now further away than when I started. No such thing as a shortcut. Lesson learned.

Oct 22, 2014

Story for our times: Footballer who impersonated Chelsea’s Gaël Kakuta is jailed for four years gu.com/p/42ka6/tw

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