Towards hosting a successful year 2023 Confederation of African Football (CAN/ CAF) competition, Ivory Coast has commenced preparation for the building of a world class Olympic village.
Towards this end, the Ivory Coast government has signed an agreement with a Dutch support body, International Service Group (ISG) to build a world class village to ensure quality Africa’s football fiesta in the country.
ISG is a Dutch organization which is committed to building infrastructure and supporting any public and private organizations in Africa.
The construction of the village is fixed at 2.05billion Euros.
The signing of the agreement to commence the construction of the village took place in the capital of Ivory coast, Abidjan in December 2019.
The commercial Director of ISG, Mr Mike Tuinstra signed the agreement with Ivory coast minister of sports, Hon. Paulin Claude Danho in the presence of the ISG team who were present in the country for the finalization and signing of the project.
The minister of sports in the country commended ISG for the gesture and assured that the construction of the Olympic village will enhance quality tournament for all the participating countries.
The international Service Group is an EPS+F service provider that finances Africa infrastructure projects in the public and private sector through an all inclusive EPC+F model with its partners who are mainly large construction companies, top banks and Insurance companies.
ISG works with an international management and experienced team in office and on location to create jobs and reduce poverty throughout Africa with a win-win approach.
Mr Mike Tuinstra is responsible for the funding and execution of the project in the portfolio of ISG.
Barcelona Announce New Financial Boost
Barcelona have announced they’re getting their finances on track.
Barca has issued an official statement communicating that it has received a stable triple B negative rating from the credit rating agency Fitch.
This is an important vote of confidence in terms of the club’s image. It is worth remembering that the club has already reached an agreement with the American investment fund Goldman Sachs, which has loaned the club 500 million euros.
The same fund already injected 90 million euros into the club during Josep Maria Bartomeu‘s presidency, with said loan conceived to aid the development of the Espai Barça project.
In a statement, the club announced:
“The sporting and financial project of the new FC Barcelona board of directors has received a vote of confidence in receiving a stable triple B negative credit rating from the credit rating agency Fitch.
“The credit rating agency gives a triple B rating to companies that are satisfactory at the time of rating, just as has happened to FC Barcelona after their assessment.
“With this BBB stable negative rating the Fitch agency values positively the Club’s financial project, which will have to undergo important readjustments to balance books.
“The confidence shown by Fitch allows the Club to look to the future with optimism and at a moment when the organisation is adjusting is financial viability plan as well as its strategic plan.”
Gerrard Frustrated With Liverpool Links: I Don’t Welcome It, I Don’t Add To It…
The Reds legend is consistently linked as a future replacement for Klopp, who is expected to leave Anfield when his contract expires in 2024.
But Gerrard is unhappy about the speculation as he is “very happy” in Glasgow.
“I don’t welcome it, I don’t add to it. All I do is focus on the job I have here and I’m very flattered and grateful for the position.
“I’m very happy here, I’ve said it on numerous occasions, it’s a huge club, I’m settled, I’m happy and I can continue to develop and keep trying to push this team forward.”
Tokyo Olympics: Nigeria Leads Countries With Highest Figure Of Banned Athletes
Ten athletes from Nigeria have been banned from participating in the Tokyo Olympics.
While the names of the affected athletes were not released, a statement from the Athletics Integrity Unit (AIU), revealed that a total of 18 athletes have been declared ineligible, with Nigeria being the most affected.
According to AIU, the 10 athletes from Nigeria failed the minimum testing requirements under Rule 15.
“Under the framework of Rule 15 governing National Federation Anti-Doping Obligations, which came into force in January 2019, National Federations are accountable for ensuring appropriate anti-doping measures are in place in their respective jurisdictions.
“Among other things, the Rule sets out minimum requirements for testing on the national teams of ‘Category A’ federations deemed to have the highest doping risk and considered as a threat to the overall integrity of the sport.
“The key requirement in Rule 15 is that an athlete from a ‘Category A’ country must undergo at least three no-notice out-of competition tests (urine and blood) conducted no less than 3 weeks apart in the 10 months leading up to a major event. Only then do they become eligible to represent their national team at the World Athletics Championships or the Olympic Games.
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