South America’s top soccer clubs on Monday created an alliance to defend their financial interests in the distribution of broadcast revenues by the South American Football Federation (CONMEBOL).
Representatives of the 15 clubs from Argentina, Chile, Paraguay, Ecuador, Peru and Uruguay met in Montevideo and demanded that CONMEBOL call an extraordinary executive committee to meet with them about their concerns.
The clubs said in a news release that they would ask for “an increase in the amount clubs receive for this edition of the Copa Libertadores and all international tournaments equivalent to the rise in the television contract signed between CONMEBOL and Fox Sports.”
The clubs are currently set to receive an increase of 40 percent of revenue from the rights to the Copa Libertadores, which starts next month, while CONMEBOL should see an increase of more than 250 percent.
“This is not against anyone, it is simply in favor of more involvement in the television contracts,” Penarol president Juan Pedro Damiani said.
He said more transparency is needed, as broadcast rights contracts are now kept secret from clubs.
The announcement did not mention the global soccer corruption scandal in which several former CONMEBOL officials have been indicted.
The South American League of Clubs is to elect its new authorities within the next 60 days, the statement said. It would also call for the end of a clause stipulating that clubs pay CONMEBOL 10 percent of ticket revenue for regional tournaments played in their stadiums.
The clubs that created the league are Boca Juniors, River Plate, San Lorenzo and Racing Club in Argentina; Penarol, Nacional and River Plate in Uruguay; Universidad de Chile, Colo Colo and Universidad Catolica in Chile; Olimpia and Cerro Porteno in Paraguay; Liga Deportiva Universitaria in Ecuador; and Sporting Cristal y Club Melgar in Peru.
More than 180 years of horse racing came to an end in Singapore on Saturday, as the Singapore Turf Club hosted its final race day before its track is handed back to the Singaporean government to provide land for new homes. Under an overcast sky, the air-conditioned VIP boxes were full of enthusiasts, socialites and expats, while the grounds and betting halls below hosted mostly older-generation punters. The sun broke through for the last race, the last-ever Grand Singapore Gold Cup. The winner, South African jockey Muzi Yeni, echoed a feeling of loss shared by many on the day. “I’d
Former world No. 2 Paula Badosa has withdrawn from this week’s Wuhan Open, organizers said on Tuesday, amid a racism row over an online photograph. Tournament organizers said the Spaniard had pulled out of the WTA 1000 tournament, citing a gastrointestinal illness, hours before her first-round match against Australian Ajla Tomljanovic. News outlets including Britain’s the Telegraph earlier reported that Badosa had posted a photo on Instagram in which she appeared to imitate a Chinese face by placing chopsticks on the corners of her eyes. The photo was taken last week in a restaurant in Beijing, where she reached the semi-finals of the
PREDICTION: Last week, when Yu’s father made a wrong turn to the former champions’ parking lot, he said that his son could park there after this year With back-to-back birdies on the 18th hole, Kevin Yu fulfilled his driving range-owning dad’s prediction that he would win the Sanderson Farms Championship and become Taiwan’s third golfer to claim a US PGA Tour title. The Taoyuan-born 26-year-old, who represented Taiwan in the Olympic golf at Paris, saw off Californian Beau Hossler in a playoff at the Country Club of Jackson, Mississippi, on Sunday. Having drained a 15-foot putt to claw his way into the playoff, Yu rolled in from five feet on the first extra hole, ensuring he joined Chen Tze-chung (LA Open in 1987) and Pan Cheng-tsung (RBC
LeBron James and eldest son Bronny James claimed a piece of NBA history on Sunday after making their long-awaited first appearance alongside each other for the Los Angeles Lakers. The duo appeared together at the start of the second quarter in the Lakers’ 118-114 preseason defeat to the Phoenix Suns in Palm Desert, east of Los Angeles. While LeBron James impressed with 19 points in just 16 minutes and 20 seconds on court before sitting out the second half, Bronny found the going harder with zero points in just over 13 minutes on court. The younger James attempted just one
RSS