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200-Person Sting Operation Launched On Offices, Homes Of German Football Association
German prosecutors and tax authorities searched offices of the German Football Association (DFB) as well as private homes of current and former officials on suspicion of serious tax evasion, the Frankfurt prosecutors' office said on Wednesday.
It said six unnamed former and current officials of the DFB were suspected of having intentionally falsely declared income from advertising in soccer stadiums during home games of the national team in 2014 and 2015 as income from asset management, leading to $5.5 million in unpaid taxes.
Mesut Özil Is A Genius And Just Had His Finest Moment At Arsenal
Mesut Özil has fallen out of favor at Arsenal. There's no debating that. The last year or two have been brutal for the German. A year ago Arsenal shafted him for having the cajones to call out China on its concentration camp BS and now he mostly sits on the bench after falling off Mikel Arteta’s radar.
Man United Signs 4 Players, Thomas Partey Joins Gunners And Bayern Makes Double Move
Manchester United made four signings on transfer deadline day, including Uruguay striker Edinson Cavani while European champions Bayern Munich strengthened with two new arrivals. But the biggest single move of the final day of deal-making was midfielder Thomas Partey making a $58.46 million switch from Atletico Madrid to Arsenal.
United signed Cavani on a free transfer, Brazilian left back Alex Telles from Porto, Uruguayan 18-year-old winger Facundo Pellistri and reached an agreement to sign Atalanta's teenage winger Amad Diallo.
Arsenal Faces Tidal Wave Of Backlash For Cutting Beloved Mascot Gunnersaurus After 27 Years
Arsenal’s iconic mascot is no more. In August the club announced that it was going to layoff 55 employees because of monetary losses due to the pandemic. It has been revealed that Gunnersaurus — Arsenal’s loving sideline dinosaur since 1993 — has also been let go, per The Athletic.
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Another Serie A Club Has Been Bought By Americans
MILAN — Parma became the latest Serie A team to come under U.S. ownership when they were taken over by the Krause Group on Friday, the club said in a statement following a deal signed in Milan.
The group bought a 90 percent stake in Parma, which won three major European trophies during its heyday in the 1990s, was declared bankrupt in 2015 and returned to Serie A in 2018.
Nuovo Inizio, a group set up by local entrepreneurs which took over the club following its bankruptcy and relegation to the fourth tier of Italian football in 2015, will retain a 9 percent stake.
FIFA Estimates Cost Of Pandemic And Holy Shit That’s A Lot Of 0s
BERN — The Covid-19 pandemic is likely to cost club football $14 billion this year worldwide, around one third of its value, a leading official at global soccer body FIFA said on Wednesday.
Olli Rehn, who heads the FIFA committee set up to tackle the effects of the pandemic, said that FIFA, along with financial consultants, had estimated the club game to be worth between $40 billion and $45 billion worldwide.