How Football Leagues and Club Groups Benefit From Equity Funding

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Football stacked on piles of money

Friday September 17th, 2021 By Michael Savva, Stuart Bolton

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About the Author

Michel savva

Michel savva

Michael is a lawyer in the Asset Finance practice at Watson, Farley & Williams LLP. He specializes in advising clients on sports financing, including: loan financing, financing of broadcast and ticketing revenues and financing of player transfers.

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Stuart bolton

Stuart bolton

Partner, Watson Farley & Williams (Middle East) LLP

Stuart is an associate of the Assets & Structured Finance group, based in Dubai. Stuart primarily advises investment banks on complex cross-border aviation asset financing transactions, and also practices sports finance and general corporate banking.

Since starting at Watson Farley & Williams as an intern in 2016, Stuart has worked in London, Hamburg and Dubai.

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Man City CEO loses European Club Association seat to Tottenham Hotspur boss

In 2012 Ferran Soriano was appointed CEO of Manchester City and in the first two years of his tenure he halved the club’s losses. During his nine years at the helm, he was instrumental in the appointment of Manuel Pellegrini and Pep Guardiola.

Recently, however, Soriano has suffered a severe backlash from Manchester City fans for his involvement in the European Super League. Since then, the CEO has sent supporters a public email to apologize for his decisions.

Soriano, despite rumors that his work was in jeopardy, was forgiven by his colleagues for his ‘lack of communication’ and since then his hugely successful idea of ​​the City Football Group has grown the club’s profile exponentially.

But in some related news, first reported by Tariq Panja of the New York TimesSoriano actually stepped down from the European Club Association’s board on Monday night as Tottenham’s Daniel Levy secured a seat.

The town leader left when it became clear that Levy was preferred by most of the members.

According to BBC Simon Stone, Soriano will be a ‘observer’ until the next seat on the Board of Directors of the European Club Association becomes available.

Formerly of Barcelona, ​​Soriano has been credited as the driving force behind luring Pep Guardiola to the Etihad stadium.

Now CEO of New York City FC and Melbourne City FC as well as Manchester City, Soriano will focus on growing CFG.

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Super League: nine rebel clubs join the European Club Association

LONDON (AP) – Nine of the teams that took part in the ill-fated launch of a breakaway Super League have been welcomed back into the decision-making organization overseeing the European clubs game.

Six English clubs – Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham – will once again be members of the Association of European Clubs along with AC Milan, Inter Milan and Atletico Madrid.

But Real Madrid, Barcelona and Juventus refuse to give up the largely closed breakaway competition to launch a rival in the Champions League, thus prolonging the break with UEFA and their European counterparts.

The 12 founding clubs of the Super League left the ECA in April when they reneged on their previous commitments to UEFA to launch the Super League. The nine now reinstated in the ECA threw the project off when they left the Super League amid a backlash from governing bodies and supporters – especially in England.

The ECA is now chaired by Nasser Al-Khelaifi, the president of Paris Saint-Germain, who has never signed for the Super League which collapsed in less than 48 hours. The ECA said there had been “a comprehensive club re-engagement and reassessment process” before its board allowed them to withdraw their previous resignations.

“The ECA Board of Directors has taken into consideration the clubs’ recognition that the so-called European Super League project was not in the interest of the wider football community and their publicly communicated decisions. completely abandon said ESL project, “the ECA said in a statement. Monday. “The ECA Board of Directors also recognized the clubs’ declared willingness to actively engage with the ECA in its collective mission of developing European club football – in the open and transparent interest of all, not some.”

The nine former rebel clubs have already agreed to a financial settlement with UEFA, accepting fines in recognition of wrongdoing for trying to separate from existing competition structures. They have made a combined payment of 15 million euros ($ 18 million) and will forgo 5% of the revenue for a season played in Europe.

In order to prevent them from deploying the Super League threat again, the clubs have also agreed to a € 100million fine if they attempt to play again in an unauthorized competition or € 50million s’ they breach any other commitment to UEFA under the regulations.

Despite the lack of support from their larger European counterparts, Real Madrid, Barcelona and Juventus are still pursuing legal actions to challenge what they have called “UEFA’s monopoly position on European football”. They hope that the European Court of Justice in Luxembourg will rule in their favor and allow the concept of a non-UEFA-managed Super League to be explored by the teams.

More football coverage:

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Duran Golf Club groups start playing | Blog Sport Viera

With the onset of fall, the main season has started for the Duran Men’s Golf Association and the Duran Women’s Golf Association.

Both groups kicked off their fall season with competitions on October 11 and 12 at the club.

Playing the Duran Golf Club’s 7.11-yard par 72 course with holes dubbed Punch Bowl, Long Start, Lone Palm and The Coffin can be quite a challenge.

In the season opener, 55 men and 40 women competed in two separate events on hilly links-style terrain.

The Duran Golf Club was carved out of an A. Duda & Sons cattle ranch and bog. It opened in 2005 and was designed by renowned golf architect Lewis (Chip) Powell. It is located at 7032 Stadium Parkway, just north of Wickham Road, and is under the management of General Manager David Tomczak.

In addition to the golf course, the site contains a West Indies-style clubhouse, the Tradewinds restaurant, a driving range, a lighted 9-hole par 3 course and a development center. According to Harold (Jerry) McAnulty, the marketing and media representative, the club encourages new memberships. Activities, events and fundraisers are held throughout the year at the 30-acre site to promote friendship, networking, camaraderie and sportsmanship.

Robbie Rosenberger of Golf Carts Unlimited and Dr David Hernandez of HD Dental are sponsoring the men’s association this season. Deborah Tomczak of Viera Realty and Rosenberger are sponsoring the women’s association this season.

For more information on the Duran Golf Club and its many activities, call 321-504-7776 or go to [email protected]

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Trail Hockey Club Society hosts annual golf tournament and fundraiser – BC Local News

The Trail Hockey Club Society held its annual Trail Smoke Eaters golf tournament on Saturday at the Birchbank Golf Club with a full complement of 108 starting competitors. The best of the group turned out to be the team of Steve Simister, Ryan Edwards and Jackson Duffus who shot a gross low of 61, while the trio of Pat and Del Iannone and Kyle Jones won the low-net. From left to right: Steve Simister, THCS President Tom Gawryletz, organizer Brett McLaren, Ryan Edwards and Jackson Duffus.

Trail Hockey Club Society hosts annual golf tournament and fundraiser

Over 100 duffers came to help a good cause at the Trail Hockey Club Society golf tournament

The Trail Hockey Club Society held its annual Trail Smoke Eater golf tournament and fundraiser on Saturday at the Birchbank Golf Club with a full complement of 108 starting competitors.

The funds raised by the THCS were donated to a scholarship fund which recently awarded $ 61,000 in scholarships to 14 hockey players from The Great Trail.

As for the tournament, the three-way with the best ball saw the team of Steve Simister, Ryan Edwards and Jackson Duffus shoot a low gross 61, while the trio of Pat and Del Iannone and Kyle Jones took the low-net.

Prizes and accolades were presented thanks to a number of local sponsors, in addition to an auction and silent auction to raise funds for the event.

Daily trail times

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Like Scouts for Adults: Fox Club Society of PEI.

Have you lost your connection with the outdoors? Was this the last time you climbed a tree or took a nature walk when you were a Boy Scout? A new adult club in Prince Edward Island, the Fox Club Society, is ready to help you fill this void.

The company formed last year, after Daniel Roper admired some guide badges shown to him by a friend who is a leader.

It made me discover a lot of things that I probably wouldn’t have done!-Daniel Roper

“I was like, why don’t we have this for the adults?” said Roper, 35, who is the executive director of the company, also known as Mr Fox. By day he is the supervisor of the Kensington North Watersheds Association.

Fox Club Society members show off their skills in identifying wild plants. (Fox Club Society / Facebook)

Roper began organizing meetings and founded the Fox Club Society, now a registered non-profit organization. He didn’t have to look far for support – his partner Bonnie Hayden, 37, is a club manager.

“It gets the adults out of the house,” Hayden said. “You can’t be bored in Prince Edward Island, there is so much to do!

“Happy to be involved”

The company now has more than 30 members, of which 10 to 15 people usually attend an event. They get together every few weeks for activities like hammock making, rock climbing, and pickling canned goods.

How many foxes does it take to marinate cans? (Fox Club Society / Facebook)

The emphasis is on learning new skills, reconnecting with nature and camaraderie with new friends. Fox clubbers wear handmade, rust-colored scarves and earn badges, which are also handcrafted by members.

“It seems like everyone hears about it and then when they get on board they’re excited and happy to get involved and learn new things,” said Hayden, who is also a Holland College wildlife instructor. preservation. Her company name is “Badger” because she is responsible for designing the club’s badges.

Members are encouraged to share their skills and knowledge with each other – and they have done so by learning guitar, archery, pottery and more on outings.

“A little motivation”

“Everyone likes a little bit of motivation to do something a little different,” Roper noted. “It made me discover a lot of things that I probably wouldn’t have done!”

Some of the badges you can earn as a member of the Fox Club Society of PEI. (Fox Club Society / Facebook)

The registration fee is $ 60 per season. There are four events or outings per season, as well as a wilderness camping trip. Members must be at least 20 years old to join.

On Saturday, October 15, you can learn more about the company when the couple give a talk titled Nature in the City in Charlottetown’s Victoria Park from 1 p.m. to 3 p.m. They will have a treasure hunt, bags of goodies and a prize draw.

They will discuss the importance of spending time in nature for a balanced lifestyle, native and invasive plant species in Charlottetown, and identify “what is wild in the city”.

For more information on the Fox Club Society, see their website Where Facebook page.

Bonnie Hayden makes indoor rock climbing easy on an outing with the Fox Club Society. (Fox Club Society / Facebook)

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Lions Club Groups Celebrate 60 Years | Local News

In 1956, Stewardson and Strasbourg each formed a Lions Club.

Sixty years later, both organizations are still in business thanks to volunteers who believe in the mission of the organization and a strong sense of community.

Strasbourg Lions Club president Justin Krile, 33, said the club’s longevity came from people willing to help.

“We have a great group and we continue to grow,” Krile said. “We have already added 11 new members this year. We believe that our volunteering is one of our strongest assets in Strasbourg.

Being a member of the Lions Club is a tradition that has been passed down from generation to generation. Stewardson Lions Club president Mark Wascher, 65, said his father was a founding member.

However, other members were discovering the organization for the first time when they joined it.

Stewardson resident Charles Doehring was living in Strasbourg when he first joined 40 years ago.

“My neighbor invited me to join,” said Doehring, 81. “Once I learned what they stood for and what they did, I wanted to be a part.”

He likes that the organization helps children who need glasses when their families cannot afford them. Teachers in local schools pass this information on to a Lions member.

Edwin Warner, 88, of Stewardson remembers the beginnings of the Stewardson Lions Club. He has been a member for 59 years.

“I was asked to host the first Lions Club Homecoming,” said Warner. “This first year, they decided to donate a new car. We sold tickets for $ 10 each. It was a lot of money back then. But, we managed to get him to pay, one way or another.

The following year, the club sold tickets for a boat. But after that, the club decided to offer several different prizes instead of a big one.

Carl Lading, a member of the Lions Club of Strasbourg for fifty years, believes that the local club will last long after him.

“I think we will continue forever,” he said. “We have several new young members and this is the backbone of the group. For me, it is also about the fellowship of being with other members.

He is proud to have participated in the reorganization of the park with a new playground after the deterioration of the previous set.

Eradicating blindness and helping the visually impaired became an important part of the Lions Club’s mission in 1925, but the humanitarian organization’s mission began as a way to simply improve communities.

In 1917, founder Melvin Jones challenged people to put their talents into action and make things better in the cities in which they live. Since then, the International Lions Club has grown into the world’s largest service club with more than one million members in 46,000 chapters, according to

As times changed, the all-male organization began to allow women in the group.

Jane Giertz from Strasbourg, who is a member of the celebration planning committee, said she was the first woman to be accepted into the Strasbourg Lions group 27 years ago.

“Our main focus is the visual and hearing aid for all ages,” said Giertz. “But we also have a lot of different community projects. “

Until about 1987, women were not allowed to be members. Today, several women are involved, as well as many married couples. In addition, Leo clubs welcome school-aged members, exposing them to the world of volunteering.

Throughout the year things happen – fundraisers are held, service projects are completed, meals are served, and glasses and hearing aids are collected, to name a few – a few.

“We collect thousands and thousands of glasses and hearing aids,” Giertz said. “These are sorted and recycled and some are sent to other countries for people who cannot afford them. “

Both clubs donate to the Mary Bryant Home for the Blind, located in Springfield.

The Stewardson and Strasbourg clubs gathered on Saturday at the Stewardson Community Building to celebrate their birthdays as one.

The planned event included a social hour, catered dinner, magician, guest speaker and live quartet music.

Members with 50 years of service to their respective Lions Club were recognized in Shelby County on Saturday during the 60th anniversary celebration.

Recognized men include Strasbourg Lion Carl Lading, 51, and Lion Stewardson Edwin Warner, 59. Stewardson Lion Dwight Rentfro has 55 years of service, but was unable to attend.

Dawn Schabbing can be reached at [email protected] or 217-347-7151, ext. 138.

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World’s Largest Service Club Organization Installs First Chinese Lion

Click here to view the photo.

By Assunta Ng
Northwest Asia Weekly

Wing-Kun Tam at the parade booth in front of the Seattle Westin (Photo by George Liu / NWAW)

Wing-Kun Tam knows that there are 950,000 blind people in China. He sees how their quality of life is affected. For many, blindness limits not only the abilities of individuals, but also of families. For each visually impaired person, there is a guardian. Neither can work full time because of their disability.

Tam sympathizes with these people keenly. He is the current vice-president of the International Lions Club Association and president-elect, scheduled to replace international president Sid L. Scruggs III on Friday, July 8.

On Tuesday, July 5, between the Seattle Center and the Washington State Convention Center, approximately 12,000 members of Lions Club International marched in a parade. Chinese fans applauded Tam loudly, chanting his name as if they were campaigning for his presidency.

Lions Clubs International once had a Thai president and an Indian president, but Tam will be its first Chinese president.

The organization is holding its 94th international convention in Seattle this week, through Friday. The convention is expected to attract up to 20,000 Lions members to Seattle. Korea had the largest number of members at the convention, with 1,500.

“It’s beautiful here,” said Melitta Cutright, Lions public relations manager, explaining that the location of the convention was decided by interviewing its international members, who indicated that Seattle is a destination city for them. It is the biggest convention in Seattle in decades.

Founded in 1917 in Chicago, Lions Clubs International is the world’s largest service club organization, with 1.35 million members. More than 206 countries are represented.

History of the fight against blindness

In 1925, Helen Keller addressed the Lions Clubs International Convention, challenging members to become “Knights of the Blind in the Crusade Against Darkness.”

Since then, Lions volunteers have performed nearly 8 million cataract surgeries, saved the sight of more than 14 million children, prevented serious vision loss for more than 30 million people worldwide, and immunized 41 millions of children in Africa against measles, which is the main cause. of blindness.

New blood

Professionally, Tam of Hong Kong Special Administrative Region (SAR), People’s Republic of China, is chairman of a group of airline companies.

However, many know him as a Leo.

A member since 1981, Tam has held numerous positions within the association, including as multinational coordinator of the SightFirst campaign, editorial secretary of OSEAL and executive chairman of SightFirst China Action.

Tam will be China’s first international president, a post he was elected to.

Lions Club International calls on all of its members to vote on its leadership, not just the board. Tam received 100 percent support. Tam will be president for a year.

“It’s amazing to have 100% support from the world,” Tam said in an interview.

“I really appreciate the confidence. I am very happy.”

Lions Clubs International has grown tremendously over the past four years.

When Tam joined the leadership of Lions Club International in 2009, there were only 1,500 members from Hong Kong. Today there are 3,000 members from Hong Kong and 10,000 from China. The United States has the most members with around 400,000.

Japan has 15,000 and India 17,000.

“I am very proud of the work I have done with service projects in China to eliminate blindness,” Tam said. Tam organized and chaired a committee that recruited volunteers, medical and non-medical, to organize surgeries for people who were blind or close to blindness. About 52,000 people have been operated on.

“It’s important that people see the light,” Tam said. Currently, Tam’s committee is also working on prevention.

Tam has received numerous awards, including the 100% District Governor Award, 21 International President’s Award, the SightFirst Campaign National / Multinational Coordinator Award, the International Lion of the Year Award (2003) and the goodwill ambassador’s award.

Tam, along with his late wife, Irene, has three children – Alvin, Tiffany and Andrew. ??

Assunta Ng can be contacted at [email protected]

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