Neymar agrees new five-year Barcelona deal

July 1, 2016

Sao Paulo, Jul 1: Brazilian striker Neymar will sign a new five-year contract with Barcelona this week, his agents said Thursday, ending speculation over his future at the Spanish champions.

NeymarThe international, 24, is widely regarded as one of the finest talents in world football and is part of the much-feared attacking trident alongside Lionel Messi and Luis Suarez at Barcelona.

"The athlete, along with his family, has decided to stay with FC Barcelona and will renew his contract for five more years," said NN Consultoria, the agency representing the international forward, 24. "The contract will be formalised this week. The decision puts an end to speculation about the star's future." Neymar wrote on Twitter:"I am very happy to continue living this dream. Long live Barca and long live Catalonia!"

The Catalan club's president Josep Maria Bartomeu had earlier rejected rumours over Neymar's possible transfer to another club, with Manchester United among the teams supposedly chasing him.

The prolific Neymar was already under contract until 2018 with Barcelona, having transferred in 2013 from Brazil's Santos. That transfer deal has haunted the club because of alleged hidden payments that have sparked legal action.

Speculation had mounted around whether or not Neymar would extend his stay at the Camp Nou or make another lucrative move. Paris Saint-Germain, Real Madrid, United and Manchester City had been named as possible suitors.

"I read that there are many clubs interested in Neymar. It's normal they are, but Neymar has never said he wants to leave Barca, just the opposite," Bartomeu said.

"Neymar wants to continue at Barca and Barca wants Neymar to continue with us." Neymar has been a huge success for Barca on the pitch but a judicial nightmare off it. He helped them win the Spanish league last season for the second year in a row, narrowly beating their fierce rivals Real Madrid.

But he has been investigated in Brazil and Spain over his transfer from Santos. Barcelona agreed on June 13 to pay a 5.5-million-euro ($6.2 million) fine over the transfer in a deal with prosecutors that sees the club avoid trial on tax evasion charges.

"It was better to accept this agreement than continue on with the uncertainty that has dragged on for a long time over the Neymar case," Bartomeu told reporters at the time.

Neymar was named on Wednesday as the star of a young Brazil Olympic football squad for next month's Games in Rio de Janeiro. Brazil are looking to bounce back from a humiliating group stage exit from the Copa America Centenario this month.

They are also hoping Olympic gold will help soothe the trauma of their devastating 7-1 semi-final loss to Germany in the 2014 World Cup on home soil. "Neymar is different. He is one of the best players in the world. Any national team would want to have a player of his profile," the Olympic squad's coach Rogerio Micale told a news conference. "He will mean a lot for the team. I hope he will be able to help the younger players."

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News Network
January 10,2020

Jan 10: Australian cricketer Shane Warne’s prized 'baggy green' cap raised more than A$1 million ($686,000) on Friday for bushfire relief efforts after the former leg-spinner donated it for auction.

Twenty-seven people have been killed and thousands made homeless in recent months as huge fires scorched through more than 25.5 million acres of land, an area the size of South Korea.

The baggy green is presented to Australian players when they make their Test debut and they receive just one for their entire career. The Aussie cricketer donated the cap to an online auction site on Monday. The auction closed at 10 a.m. on Friday (2300 GMT Thursday) with a final public bid of A$1,007,500.

"Unbelievable … so generous from everyone. Totally blown away," Warne said on Twitter shortly before the auction closed.

The auction attracted global interest and the price eclipsed the A$425,000 achieved by the late Don Bradman's baggy green when it was sold in 2003.

"We have been overwhelmed and it is a fantastic result," Marc Cheah, head of marketing for auctioneers Pickles, said.

"Other baggy greens have been auctioned and Don Bradman’s got $425,000 about 15 years ago, but the Don is the Don. He’s the greatest cricketer that ever lived," Cheah said in relation to the widely held recognition Bradman was the best batsman the game has produced.

"But Shane is also right up there and that drove a lot of traffic and momentum, while the cause is also very worthwhile."

Warne, 50, is one of many local and international athletes to support the fundraising for bushfire victims with several cricketers promising to donate a sum based on the number of sixes they hit in Australia’s Big Bash Twenty20 competition.

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News Network
February 5,2020

New Delhi, Feb 5: IPL franchise Kolkata Knight Riders (KKR) has denied any financial dealings with the controversial Rose Valley Group except for it being a sponsor of the side's official jerseys in 2012 and 2013.

KKR issued the clarification after the Enforcement Directorate (ED) attached Rose Valley's assets worth over Rs 70 crore on Monday. The attached assets include Rs 11.87 crore bank deposits of Knight Riders Sports Pvt Ltd, that owns KKR, in connection with a money laundering probe.

The franchise said it hopes for the matter to be resolved expeditiously.

"Rose Valley Hotels was one of KKR's IPL jersey sponsors for IPL seasons 2012 and 2013. Rose Valley had paid KKR an approx. amount of Rs 11.87 crore as sponsorship fees," KKR CEO Venky Mysore said in a statement.

"KKR had no other dealings with the Rose Valley Group including Rose Valley’s micro finance business," he added.

The statement added that in July last year, KRSPL (Knight Riders Sports Pvt Ltd), received a "witness summon" from the ED in connection with an investigation relating to the Rose Valley Group, particularly its micro finance business.

"The ED continues the investigation of Rose Valley. KKR continues to cooperate with the authorities in all respects," Mysore said.

"As part of the investigative process, sometime in October 2019, the ED placed a lien on the said amount earlier paid by Rose Valley to KKR," he asserted.

The directors of KRSPL include Shah Rukh Khan's wife Gauri Khan, actor Juhi Chawla's husband Jay Mehta, Mysore and two others.

Mysore was questioned in this case by ED's Kolkata office in October last year.

Apart from KRSPL, the ED attached properties of two other entities -- Multiple Resorts Pvt. Ltd. and Kolkata's St Xavier's College on Monday.

The ED registered an FIR against the Rose Valley group, its chairman Gautam Kundu and others under the Prevention of Money Laundering Act in 2014.

Kundu was arrested by the agency in Kolkata in 2015 and is in judicial custody at present.

The ED has filed multiple charge sheets in Kolkata and Bhubaneswar courts in this connection and total attachments are now worth Rs 4,750 crore.

The group has been charged by the ED and the CBI with "illegally and fraudulently collecting deposits from public with the intention to cheat them by falsely promising high returns on their investment", thereby perpetrating a ponzi-like fraud.

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News Network
January 28,2020

Gibraltar, Jan 28: Young Indian Grand Master R Praggnanandhaa pulled off a huge upset, beating former world champion Veselin Topalov in the sixth round of the 18th Gibraltar chess festival to record his fifth straight win here.

The 14-year-old Chennai lad needed just 33 moves to put it across the Bulgarian. He had started with a loss against compatriot P V Nandhidhaa but since then he has been on a winning spree.

Praggnanandhaa, who recently won the world under-18 title, said: "It was very tough to prepare against him."

He is in second spot on five points with six other players and will take on Chinese GM Wang Hao in the seventh round.

Seventeen-year-old Russian GM Andrey Esipenko jumped to sole lead with 5.5 points with a win over Georgia's Ivan Cheparinov

The Russian player would be unpaired in the seventh round as he decided to take a bye.

A bunch of players including Indians — B Adhiban, K Sasikiran, Shardul Gagare, Karthikeyan Murali, SL Narayanan — are in joint third place with 4.5 points.

Adhiban beat Gabriel Flom, while D Gukesh, the world's second youngest Grand Master ever, defeated Martin Percivaldi to move to four points.

Also winning were Karthikeyan Murali against Qi B Chen and Gagare over France's Maxime Lagarde.

Top-seed Shakhriyar Mamedyarov's moderate run continued as he was held to a draw by GM Aryan Chopra.

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