5-POINT FRIDAY, NOVEMBER 9th 2018
Updated: Jun 1, 2020
This article was originally published on November 9th, 2018.
Here is this week's dose of “5-Point Friday”. A weekly round-up of the sports news and stories that I find most interesting and enjoyable.
Gymnastics story that I'm learning about -
This week started off well for USA Gymnastics, with Simone Biles (@Simone_Biles) winning a record 14th world title. As she took gold in the individual floor exercise at the World Gymnastics Championships in Doha. However, the United States Olympic Committee began proceedings to strip USA Gymnastics (USAG) of its status as a national governing body. USOC CEO Sarah Hirshland (@USOPC_CEO) acknowledged USA Gymnastics has struggled "to change its culture, to rebuild its leadership, and to effectively serve its membership."
FIFA news that I'm keeping tabs on -
Leaked documents revealed Man City "struck a secret deal" with FIFA President Gianni Infantino. Aimed at minimizing a punishment for a "serious breach" of financial fair play rules. The documents claim Man City and Paris St. Germain breached FFP rules by €188M and €215M, respectively, in '14, and "tried to cover up the breach by having vast sponsorship deals connected to their oil-rich owners that were way beyond the true market value." La Liga execs have called on UEFA to "take action." It has been further alleged that Man City, hid half the salary of former manager Roberto Mancini (@robymancio).
Sponsorship deal news that I'm keeping tabs on -
Real Madrid is renewing its deal with Adidas. The deal expected to be worth $1.25B, over ten years. "It would be a groundbreaking deal in sports marketing in Europe, the contract of the century, and make the shirt the most expensive in world sport." Putting this deal in perspective, compare it with the Nike & NBA deal. Nike will kit out all 21 NBA teams for the same that Adidas will pay for just Real Madrid.
Best sports partnership news -
Mexico's Liga de Futbol Americano Profesional (LFA) and the CFL have been "collaborating on a multi-phase partnership" that could include an "exchange of players." With the aim of placing at least nine and hopefully 18 Mexican players with the nine CFL teams for the 2019 season.
Formula 1 story that's interesting me -
The FIA will continue is Asian expansion. Announcing that Formula 1 will hold its first Grand Prix race in Vietnam, in April 2020. Hanoi Mayor Nguyen Duc Chung said that the race "would be funded by private enterprise headed by Vingroup, the country’s largest private conglomerate." The Hanoi track will be the fourth street race on the F1 calendar. The following video gives F1 fans an idea of what the Vietnam race weekend will look like:
Have a wonderful weekend, all!