Saudi Arabia to host two mega sports events in 2018

Agencies
October 19, 2017

Jeddah, Oct 20: Saudi Arabia will host the first World Boxing Super Series Cruiserweight final in May next year as well as its first-ever international motorsport event, featuring stars from Formula One, World Rally Championship, IndyCar, NASCAR, sportscars and touring cars competing against each other.

President of Saudi Arabia’s General Sports Authority Turki Al-Sheikh signed agreements with organizers during a trip to London this week.

“This agreement is part of our broader commitment and work to develop the sport of boxing in Saudi Arabia,” Al-Sheikh said.

Saudi capital Riyadh will host Race of Champions early next year, becoming the 10th different country to host the event.

The Red Sea city of Jeddah will organize in May World Boxing Super Series cruiserweight final.

The two-day racing competition will take place at the 75,000-capacity King Fahd International Stadium in Riyadh.

“Our organization is honored to be working with the President of the General Sports Authority, Turki Al-Sheikh, to bring Race of Champions to the region for the first time in the event’s 30-year history,” Race of Champions President Fredrik Johnsson was quoted as saying.

“As motorsport’s most forward-thinking property, ROC is an event perfectly suited to Saudi Arabia, which is emerging as a modern sports market on the global stage,” he added.

“With women able to drive in Saudi Arabia from 2018, we feel this is an auspicious moment to be bringing a motorsport event to Riyadh. Race Of Champions is more than just a race: it is a truly global contest that includes many of the world’s best drivers along with top-quality entertainment for families,” Johnsson said.

In a related development, World Boxing Super Series organizers announced on Tuesday that the May final of the eight-man tournament, which includes four of the major world titleholders, will take place in Jeddah.

The announcement followed an agreement signed in London between World Boxing Super Series organizer and owner Comosa AG and the General Sports Authority of Saudi Arabia.

“This agreement is part of our broader commitment and work to develop the sport of boxing in Saudi Arabia,” said President of the General Sports Authority Turki Al-Sheikh.

“Having the first final of such a high-profile and groundbreaking tournament take place in Saudi Arabia is a key milestone for us. The interest in boxing among the young generation is there and growing rapidly, which is why the GSA is also working to form a grass-roots partnership with one of the largest international boxing federations to promote the sport,” he said.

“This is fantastic news, not just for World Boxing Super Series but for boxing and for the sport in Saudi Arabia,” said Comosa AG CEO Roberto Dalmiglio.

“I am sure that Saudi Arabia will lay on a fitting finale to the first year of the WBSS and first award of the Muhammad Ali Trophy. We are proud to be working with the Saudi General Sports Authority on what will undoubtedly be one of the highlights of the 2018 sporting calendar in Jeddah,” he added.

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News Network
January 29,2020

Hamilton, Jan 29: India defeated New Zealand in the third T20 International via Super Over to take an unassailable 3-0 lead in the five-match series here on Wednesday.

India posted a competitive 179 for five at Seddon Park after being sent into bat. Opener Rohit Sharma top scored for India with a 65-run knock while skipper Virat Kohli contributed 38 runs in team's total.

Later, skipper Kane Williamson smashed a 48-ball 95 but New Zealand faltered in the final over to take the match into the Super Over.

Needing nine runs of the last over, New Zealand lost Williamson and Ross Taylor to finish at 179 for six and tie the match.

In the Super Over, New Zealand scored 17, a target which India overwhelmed in the final ball with Rohit smashing Tim Southee for two consecutive sixes.

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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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Agencies
May 22,2020

India's cricket board will not push for the Twenty20 World Cup in Australia to be postponed but would consider staging the Indian Premier League (IPL) in the October/November slot if it becomes available, a senior BCCI official has told Reuters.

This year's IPL, which is worth almost $530 million to the BCCI, has been indefinitely postponed because of the COVID-19 pandemic while the World Cup, which is scheduled to begin on Oct. 18, is also in jeopardy.

Reports in Australian media have suggested India's influential board may look to push for the World Cup to be postponed to open up a window for the IPL.

World Cup contingency plans are on the agenda at next week's International Cricket Council (ICC) board meeting but BCCI treasurer Arun Singh Dhumal said India would not be recommending it be pushed back.

"Why should the BCCI suggest postponing the Twenty20 World Cup?" Dhumal told Reuters by telephone.

"We'll discuss it in the meeting and whatever is appropriate, (the ICC) will take a call.

"If the Australia government announces that the tournament will happen and Cricket Australia is confident they can handle it, it will be their call. BCCI would not suggest anything."

While Australia has seen new infections of the novel coronavirus slow to a trickle and is gradually easing travel curbs and social distancing restrictions, hosting a 16-team World Cup would be a Herculean task for Cricket Australia.

Dhumal questioned whether the tournament should go ahead if it had to be played without spectators and said the Australian government would play a key role in any decision.

"It all depends on what the Australian government says on this - whether they'd allow so may teams to come and play the tournament," he added.

"Will it make sense to play games without spectators? Will it make sense for CA to stage such a tournament like that? It's their call."

Cricket Australia chief executive Kevin Roberts was guarded about the prospects of staging the tournament as scheduled on Friday.

"We don't have clarity on that one, yet. But as the situation continues to improve, you never know what might be possible," he said.

"It's ultimately a decision for the ICC."

The ICC has said it was unlikely to make a final call on the fate of the World Cup until August but some boards are in the process of making contingency plans in the event of a postponement.

While the BCCI recognised an open October-November window would suit the IPL, Dhumal said there was no point in making plans until there was some certainty about the World Cup.

"If we have the window available, and depending on what all can be organised, we'll decide accordingly," he added. "We can't presume that it's not happening and go on planning."

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