Man Utd world's first team to top $3 bln in value: Forbes

January 29, 2013

worlds_first_team

Manchester, Jan 29: English Premier League soccer club Manchester United are the world's first professional sports team to be valued at more than $3 billion, according to Forbes Magazine.

A recent surge in the club's shares after a poor start when they were offered on the New York Stock Exchange last year has boosted Manchester United's value to $3.3 billion, a report on Forbes's website (www.forbes.com) said on Monday.

The increase has United, English champions a record 19 times, comfortably ahead of the world's second-most valuable sports team, the National Football League's Dallas Cowboys, worth $2.1 billion.

Forbes put the surge in United shares down to brighter earnings prospects from new sponsorship deals and said the demand could continue given the team's potential for lucrative payouts in the EPL and Champions League.

United, who claim to have 659 million followers worldwide, are owned by the American Glazer family who retained a tight grip on the club after the flotation on the New York Stock Exchange.

United shares closed 41 cents lower at $16.48 in New York on Monday.

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News Network
February 24,2020

Wellington, Feb 24: Indian batsmen's inadequacies in adverse conditions were laid bare as they crashed to an embarrassing 10-wicket defeat against a ruthless New Zealand side that wrapped up the opening Test in just over three days here on Monday.

Starting the day on 144 for four, India were all out for 191 in their second innings. This was only a shade better than their dismal 165 in the first innings, which eventually proved to be decisive.

Trent Boult (4/39 in 22 overs) and Tim Southee (5/61 in 21 overs), the most under-rated new ball pairs in world cricket, showed that when it boils down to playing incisive seam and swing bowling, this batting line-up is still a work in progress.

The required target of nine runs was knocked off by New Zealand without much ado for their 100th Test win.

India's last defeat was against Australia at Perth during the 2018-19 series but the loss at the Basin Reserve would hurt them more because the visitors have not surrendered in such a fashion of late.

There was no resistance from a star-studded line-up and more than intent, the failure was due to poor technique on a track that had something on the third and fourth day as well.

This is a team that plays fast bowling much better than their predecessors, the reason for their success on the bouncy Australian tracks.

But when it comes to facing conventional seam and swing bowling in testing conditions, they are yet to learn the art of saving a Test match.

India had lost the mental battle on the first day itself when they saw the moisture on the wicket.

The toss became a factor and not for one session did they look comfortable. Mayank Agarwal was the only batsman, who felt at home in patches, as New Zealand showed what a Test match strategy is all about.

If the first innings was about mixing back of length deliveries with fuller length balls, the second innings saw the pacers coming from round the wicket and targeting the rib-cage. The line was disconcerting and it stifled them for good.

It affected their mindset and once Ajinkya Rahane and Hanuma Vihari stepped out on the fourth morning, defeat was written all over as both looked ill-equipped to handle such high quality seam bowling.

Rahane (29 off 75 balls) and Vihari (15 off 79 balls) are players who only play long-form cricket at the international level and both are known for their patience.

But little would have the Indian vice-captain apprehended that he would get a delivery from Boult, which he thought would move away after pitching but it held its line and he had no option but to jab at it, and all he got was an edge.

Southee, who bowls a lovely classical outswinger, then bowled an off-cutter from the other end and before Vihari could comprehend, it came back sharply to peg the stumps back.

Within first 20 minutes, the two seasoned practitioners of swing had knocked the stuffing out of India's resistance.

Rishabh Pant (25 off 41 balls) batted only in the manner he can and played one breathtaking shot off Southee, a slog sweep off a 130 kmph-plus delivery to the deep mid-wicket boundary.

But there was too much left to do with too little support from the other end. Bending on one knee, he tried another audacious slog scoop but couldn't clear.

Southee, who had a terrific match, deservingly completed his 10th five-wicket haul and all it took was 16 overs to end the innings and the match.

New Zealand now have 120 points in the World Test championship and India stayed on top with 36 points.

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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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Agencies
January 23,2020

Aurangabad, Jan 23: An FIR has been registered against three people including former cricketer Mohammed Azharuddin for allegedly duping a travel agent, Mohammad Shadab, of more than Rs 20 lakh.

However, Mohammad Azharuddin has refuted allegations and said: "I strongly rubbish the false FIR filed against me in Aurangabad. I am consulting my legal team and would be taking action as necessary."

Azharuddin's personal assistant Mujeeb lives in Augurangabad and has good relations with the travel agency of Shadab.

The travel agent alleged that Mujeeb asked him to book some flight tickets but did not pay the amount.

The police have booked the three under Section 406, 420 and 34 of the Indian Penal Code.

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