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Nomadar to Expand Global Presence with Introduction of Digital Soccer Platform in India in Partnership with Actingwood
Prnewswire· 2026-01-28 21:30
Digital platform connects grassroots players in India with trials and Nomadar's international HPT program in Spain with Cádiz CF (LaLiga) MARSHALL, Texas, Jan. 28, 2026 /PRNewswire/ -- Nomadar (NASDAQ: NOMA), ("Nomadar" or the "Company"), a U.S.-based company operating at the intersection of sports, technology, tourism, and health, today announced its entry into the India soccer market pursuant to an agreement with Actingwood, a catalyst in youth and workforce empowerment through sports education, wellness ...
Boston Legacy FC Signs Back-of-Kit Partnership with Voya Financial
Businesswire· 2026-01-16 15:05
Core Insights - Boston Legacy FC has announced a multi-year partnership with Voya Financial, designating Voya as the club's official lower back-of-kit partner starting with the 2026 NWSL season [1][2] Partnership Details - Voya will serve as the exclusive financial services category partner, with its logo featured on the lower back of both primary and secondary jerseys for all regular season and postseason matches, including the home opener on March 14, 2026 [2] - The partnership includes Voya branding across media backdrops, fan merchandise, and premium locations during home games in 2026, as well as at the new White Stadium in 2027 [4] Strategic Alignment - The partnership aligns with Boston Legacy FC's vision of long-term stability and financial confidence, as stated by the club's president, Jennifer van Dijk [3] - Voya's recent expansion in Boston, including a new office in the Seaport District, enhances its presence in a region known for financial innovation [3] Community Engagement - Voya and Boston Legacy FC plan to collaborate on community initiatives, emphasizing their commitment to making a positive impact in Boston [4] - The partnership will also feature the creation of "The Voya Grove" community hub and "Voya Suite Level" for unique engagement experiences [4] Club Overview - Boston Legacy FC is set to join the National Women's Soccer League (NWSL) as the 15th team, aiming to create a home for top female athletes and foster a community of impactful fans [6] Company Overview - Voya Financial is a leading retirement, employee benefits, and investment management company, serving approximately 15.7 million clients [7]
UEFA cites fall in US dollar last year for $55 million loss in accounts
Yahoo Finance· 2026-01-15 17:00
Core Insights - The decline in the U.S. dollar value resulted in a loss of approximately $55 million for UEFA in the 2024-25 soccer season [1][2] - The U.S. dollar weakened by about 9% against various foreign currencies, attributed to reduced investor confidence linked to geopolitical dynamics [1][2][4] Financial Impact - UEFA reported currency exchange losses of 47 million euros, equivalent to $54.5 million, due to the dollar's decline in March 2025 [3] - The overall net result for UEFA's latest annual accounts was a loss of 46.2 million euros ($53.6 million), which was covered by its reserves [3] - UEFA's reserves decreased to 521.8 million euros ($605 million) by the end of June, just above the target of 500 million euros needed for funding its member federations [3] Revenue and Funding - UEFA's club events, such as the Champions League, generate significant revenue, but most of it is distributed as prize money, limiting profit generation [4] - The men's European Championship in 2024 generated about 2.5 billion euros, contributing to UEFA's reserves and funding programs like "HatTrick" [4] - UEFA indicated that maintaining a large U.S. dollar position was necessary for hedge transactions, making losses inevitable when the dollar value fell [4] Asset Management Performance - UEFA described the financial outcome for asset management as "disappointing" compared to the previous exceptional year under the prior U.S. administration [5]
Toobit and LALIGA Kick Off $800,000 Elite Championship
Globenewswire· 2026-01-15 08:26
Core Insights - Toobit, a global cryptocurrency exchange, has launched the Elite Championship in collaboration with LALIGA, featuring an 800,000 USDT prize pool for traders [2][3] Group 1: Campaign Details - The Elite Championship runs from January 15 to February 28, 2026, and includes three core activities designed to reward traders of all levels [2] - Traders can earn chances to open mystery boxes containing premium rewards by completing tasks such as making deposits or participating in daily trading challenges [5] - A dynamic prize pool can grow up to 500,000 USDT, with the top 200 traders based on P&L percentage eligible to claim their share [5] - Social engagement tasks on platforms like X and Telegram can unlock rewards of up to 200 USDT and exclusive LALIGA memorabilia [5] Group 2: Partnership and Industry Context - As the Official Regional Partner of LALIGA, Toobit connects elite sports with the digital economy, enhancing the trading experience with localized educational resources and exclusive experiences [3] - The sports-crypto investment synergy has reached new heights, with soccer accounting for 43% of all crypto sponsorship deals, and a record 48 crypto-related partnerships in the 2025/26 UEFA Champions League, marking a nearly 30% year-over-year increase [4]
Manchester United sacks head coach Ruben Amorim
CNBC· 2026-01-05 12:03
Group 1 - Manchester United has parted ways with head coach Ruben Amorim amid questions regarding his role and tensions with the club hierarchy [1] - The club aims to improve its Premier League standing, stating that the coaching change will provide the best opportunity for a higher finish [2] - Amorim was appointed after billionaire Jim Ratcliffe acquired a minority stake in the club, which has led to significant structural changes within the organization [3] Group 2 - Prior to his departure, Amorim expressed frustrations about his role, emphasizing that he wanted to be the manager rather than just a coach [4] - Manchester United is currently positioned 6th in the Premier League [4] - Former player Darren Fletcher will take over as interim manager for the upcoming match against Burnley [5]
Juventus Owner Rejects Tether's $1.2 Billion Acquisition Offer, Sending Team's Stock Soaring
Yahoo Finance· 2025-12-15 16:55
Group 1 - Shares in Juventus rose over 17% after Exor rejected Tether's all-cash offer valued at €2.66 ($3.13) per share, which was approximately 21% higher than the previous closing price [1][2] - Exor's Board of Directors unanimously rejected Tether's unsolicited proposal, reaffirming its intention not to sell any shares of Juventus to third parties, including Tether [2] - Juventus' current market capitalization is around €924 million ($1.08 billion), with shares trading at €2.56 ($3.01) at the close of European markets [2] Group 2 - Juventus last won a Serie A title in the 2019-2020 season, and it is uncertain if Tether will make a new bid after the initial offer was rejected [3] - Tether has been actively investing, participating in an $81 million seed round for an Italian robotics firm and increasing its stake in Rumble to around $679 million [4] - Tether is reportedly seeking to raise around $20 billion at a $500 billion valuation as the stablecoin market continues to grow [4]
Tether’s Bid to Buy Italian Soccer Club Juventus Rejected by Majority Shareholder Exor
Yahoo Finance· 2025-12-13 16:40
Group 1: Tether's Bid and Exor's Response - Tether's bid to acquire Exor's 65.4% stake in Juventus has been unanimously rejected by Exor's board, which stated it has "no intention of selling any of its shares" to Tether [1] - Tether expressed admiration for Juventus and planned to invest an additional $1 billion in the club's growth if the bid was accepted [1] - Exor characterized Tether's bid as "unsolicited" and reaffirmed the Agnelli family's commitment to the club's success [2][3] Group 2: Juventus' Financial Situation - Juventus has been facing ongoing financial challenges, posting recurring losses and requiring over 1 billion euros ($1.17 billion) in capital injections over the past seven years [2] - Tether currently holds an 11.53% stake in Juventus, making it the second-largest shareholder behind Exor [5] Group 3: Market Reaction - Following Tether's announcement of its bid, the price of the Juventus Fan Token (JUV) surged more than 32% within a 24-hour period [4] - Juventus shares experienced a decline of 0.9% in the trading session prior to Exor's announcement, with the total market capitalization of the club around $988 million [5]
Juventus 'not for sale' say Agnellis, rejecting crypto giant Tether's bid
Yahoo Finance· 2025-12-12 20:09
Core Viewpoint - The Agnelli family, through Exor, has firmly rejected Tether's offer to purchase Juventus, emphasizing that the club's history and values are not for sale [1][3]. Group 1: Tether's Offer - Tether proposed an all-cash offer of 2.66 euros per share for Exor's stake in Juventus, valuing the club at over one billion euros ($1.17 billion) and providing a 21% premium over the current share price of 2.19 euros [2][3]. - Tether plans to invest one billion euros to support Juventus if the acquisition proceeds [2]. Group 2: Juventus Financial Performance - Juventus has not reported an annual net profit for nearly a decade, and its shares have decreased by 27% in the current year [4]. Group 3: Tether's Stake and Strategic Intent - Tether has acquired over 10% of Juventus this year, making it the second-largest shareholder [5]. - The acquisition of a European soccer club could enhance Tether's credibility amid increasing regulatory scrutiny in the EU [5]. Group 4: Exor's Position and Future Plans - Exor, which holds a 65.4% stake in Juventus, has unanimously rejected Tether's offer and has no intention of selling any shares [3][6]. - Exor is streamlining its portfolio, having sold Iveco to Tata Motors and is in discussions to sell its news operations [6]. Group 5: Historical Context - The Agnelli family's connection to Juventus dates back to 1923, and there are indications of a gradual disengagement from Italy, although they have stated no intention to sell shares [7].
Manchester United Q1 Preview: Musk's Favorite Soccer Team Could Boost Stock With On-Field Performance
Benzinga· 2025-12-10 19:24
Core Viewpoint - Manchester United is set to report its first-quarter results, with expectations of improved financial performance driven by on-field success and new broadcasting deals [1][3]. Financial Performance - Analysts estimate first-quarter revenue of $214.99 million, an increase from $186.07 million in the same quarter last year [1]. - The company has beaten revenue estimates in seven of the last ten quarters and aims for a fourth consecutive quarter of revenue exceeding $200 million [2]. - A projected loss of 9 cents per share is expected, an improvement from a loss of 27 cents per share in the previous year [2]. On-Field Performance - The first quarter includes the start of the 2025-2026 English Premier League season, which began on August 15 [3]. - Manchester United currently ranks sixth in the EPL with a record of 7 wins, 4 draws, and 4 losses, showing improvement from previous seasons [4]. Broadcasting and Commercial Revenue - The new domestic television rights deal with Sky Sports and TNT Sports in the UK is anticipated to enhance broadcasting revenue [3]. - The team has been achieving record revenues in its commercial business, indicating strong growth potential [8]. Investment and Valuation - Forbes values Manchester United at $6.6 billion, significantly higher than its current market capitalization of $2.6 billion and enterprise value of $3.4 billion [7]. - The presence of a new minority investor and plans for a new 100,000-seat stadium could further enhance the team's valuation and revenue opportunities [6][8]. Stock Performance - Manchester United stock is currently trading at $15.40, within a 52-week range of $12.05 to $19.65, and has seen a year-to-date decline of 9.3% in 2025 [10].
Portland Timbers Enter Multi-Year Community Impact Partnership with Bank of America
Prnewswire· 2025-12-09 16:00
Core Insights - Bank of America has partnered with the Portland Timbers, marking its first appearance on a professional sports jersey starting in 2026, which reflects the bank's commitment to community investment in Portland [1][2] - The partnership aims to create economic impact and strengthen community ties through various initiatives, including youth soccer programs and support for local small businesses [2][3] Partnership Initiatives - The "Soccer with Us" initiative will promote inclusivity in soccer, providing free camps, equipment donations, and infrastructure improvements to enhance access for youth [3][5] - Plans include the development of "Community Futsal Courts," with a goal to build or resurface 10 courts in underserved areas of Oregon [5] - The "Camps for All" program will offer 50 free youth soccer camps, engaging 5,000 young athletes and providing 250 scholarships for PTFC Camps, resulting in 750,000 minutes of youth soccer exposure [5] - The "Equipped to Play" initiative will donate $200,000 worth of soccer equipment to local schools and community groups, benefiting 1,000 youth, including Special Olympics athletes [5] - The "First Match Access Pass" will provide 100 tickets per game to individuals who have never attended a match, targeting low-income families and local youth organizations [5] - The "Small Business of the Game" platform will promote 50 local small businesses at home games, each receiving a $5,000 grant [5] - The "Game Changers of Tomorrow" program will identify 20 promising students for a VIP experience at a Timbers match and educational grants [5] - An annual "Small Business Summit" will be hosted at Providence Park, welcoming over 100 local businesses for networking and workshops [5] - Bank of America will support the Timbers' "Stand Together" initiative, focusing on community service and volunteer opportunities [5] Company Background - Bank of America is a leading financial institution, serving nearly 70 million clients in the U.S. with a wide range of banking and financial services [9] - The company operates approximately 3,600 retail financial centers and 15,000 ATMs, with a strong digital banking presence [9]