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ZURICH: World football's governing body FIFA estimates that the negative impact of the disruption wreaked by the COVID-19 pandemic in 2020 to be around $14 billion.    

“The estimated impact of the disruption was around $14 billion,” Olli Rehn, who chairs the FIFA COVID-19 Relief Plan Steering Committee and who acts as FIFA Governance Committee deputy chairman, has stated. 

Rehn said that the baseline assumption in broad terms was that roughly one-third of the football economy, worth roughly $40-45 billion a year, had been affected by the COVID-19 crisis to date.

Sep 10, 2020 18:09
NOIDA: EbixCash, a fully owned subsidiary of Ebix, Inc., a leading international supplier of on-demand software and e-commerce services to the insurance, financial, healthcare and e-learning industries, Thursday announced that it is handling the travel needs for five of the eight franchises involved in the upcoming 82-day Indian Premier League in the UAE. 
Jul 28, 2020 19:07
LYON: Europe’s football governing body UEFA has issued a tender for a new anti-piracy service provider. The move comes in the wake of an investigation into Saudi-operated pirate operation BeoutQ from the World Trade Organisation.
Jul 16, 2020 17:07
LAUSANNE: The International Olympic Committee (IOC) has already supported the National Olympic Committees (NOCs) and International Federations (IFs) with around $100 million since the outbreak of the COVID-19 crisis. To date and as needed, $63 million have been allocated to IFs and $37 million to NOCs.
Jul 10, 2020 22:07
MUMBAI: New-age digital entertainment and technology company JetSynthesys has raised Rs 3 billion from existing stakeholders Infosys’ co-founder Kris Gopalakrishnan, Adar Poonawalla's family office and Navani family-owned Jetline Group, among others.  Thermax family office, Triveni Group and DSP Group have also invested in this round.
Jul 02, 2020 20:07
PARIS: The Roland-Garros 2020 tournament, which will be held from 21st September to 11th October, announced Thursday that ticket sales will open on Thursday 9th July.  The French Tennis Federation – in close collaboration with the French government authorities - has prepared a protocol that aims to protect spectators attending this historic edition of Roland-Garros.
Jan 20, 2020 19:01
BHUBANESWAR: Odisha Chief Minister Naveen Patnaik on Sunday exhorted startups and entrepreneurs to invest in sports as the state is promoting the sector in a big way.
Oct 03, 2019 23:10
NEW YORK: Nielsen is launching a global, connected online platform to provide sports properties, sponsor brands and event organizers with a comprehensive view of fans' interests, media consumption behaviors, brand attitudes and purchasing habits from around the world.  At launch, Nielsen Fan Insights will cover India, US, UK, Germany, France, Spain, Italy, China and Japan.
Jun 20, 2019 17:06
AMMAN, Jordan: LaLiga has implemented a socio-educational programme at the Zaatari refugee camp (Jordan) through its Sports Project Department and LaLiga Foundation, along with AFDP Global, the international football social enterprise. The initiative seeks to enhance the quality of life of the young refugees using football as a tool to instil positive values and benefits of the game.
Apr 08, 2019 09:04
LAUSANNE, Switzerland: As one of the best shooters of his generation, Abhinav Bindra became, at Beijing 2008, the first Indian athlete to win an individual Olympic Gold medal, and has won multiple medals at both the Commonwealth Games and the Asian Games.
Sep 22, 2018 12:09
SRINAGAR: Jammu and Kashmir (J&K) is making rapid strides in developing a sporting culture as it will be getting an international football stadium in 2019 for the first time ever which will be constructed as per FIFA norms, ANI reports.