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Liverpool Announces $42m Pre-Tax Profit

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Liverpool has announced pre-tax profits of £42million for the financial period ending May 31, 2019, despite a club-record spend on players.
The club’s turnover increased by £78m to £533m thanks to rises in media, commercial and match revenue.
A new Champions League broadcasting deal and the team’s second-place finish in the Premier League under Jurgen Klopp last year also boosted profits.
Their Champions League triumph in 2018-19 is expected to be included in the next set of financial results.
The positive figures come despite a club-record £223m spend on the signings of Alisson, Naby Keita, Fabinho and Xherdan Shaqiri, as well as 11 new contracts for established first-team players.
Liverpool, who became champions of Europe for the sixth time last June, are seventh in the Deloitte Football Money League, a rise of two places from the previous financial year.
Andy Hughes, Liverpool’s chief operating officer, said via the club’s website: “This continued strengthening of the underlying financial sustainability of the club is enabling us to make significant investments both in player recruitment and infrastructure.
“Being able to reinvest over £220m on players during this financial period is a result of a successful business strategy, particularly the significant uplift in commercial revenues.
“The cost of football, however, does continue to rise in transfers and associated fees but what’s critical for us is the consistency of our financial position, enabling us to live within our means and continue to run a sustainable football club.”
The club have also boasted of six million more social media engagements than any other Premier League club during the 2018-19 season, while they say investment in the new training base at Kirkby and further planned expansion of Anfield is testament to the support of owners Fenway Sport Group.
“What we’re seeing is sustained growth across all areas of the club, which is aligned to the recent performance on the pitch,” said Hughes. “There is more work to do and importantly, we will continue our dialogue with all key stakeholders, including local residents, businesses and community groups.
“These financial results and this sustained period of solid growth is testament to our ownership, Fenway Sport Group, who continue to support the club’s ambitions.

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Expert Wants Parents To Enroll Children In Vector Programme

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In a bid to have more young talented Nigerians to play professional football abroad, Johnny Ogbah, a sports lawyer and football intermediary, has called on parents to enroll their children in Vector Programme.
He stated that the programme is in conjunction with Conventry Football Club in United Kingdom (UK), saying that the programme includes academics where a child can acquire a degree.
Ogbah, made the call while addressing sports journalists recently in Port Harcourt, as the programme will admit students into Brooke College between the age of 11 and 18 Football Academy.
The major objective of Vector Programme is to give the young ones a career through sports and good education. The programme does not train people on football only but also other things that is related to sporting environment, he said.
According to him,  more than 20 Nigerians have benefited from the programme on scholarship and most of them are now playing football in top clubs in Europe.
“Vector programme was poised to create an avenue to give people to play football to the highest level.
Apart from football the child can also have quality education. It will interest you to know that those in Vector programme play friendly games that attracts scouts from different countries and football clubs.
The programme doesn’t train you on only football but also train people on everything that is associated to sports”, Ogbah said.
The former Nigeria Professional Football League (NPFL) player further disclosed Vector programme pathways provides the practice opportunities that players need if they are to successfully graduate as a professional player.

By: Tonye Orabere

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NLO: Khana FC Coach Blames Players For Missing Chances

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The Head Coach of Khana FC in Khana Local Government Area of Rivers State, Sam Ledor, has blamed his players as they were unable to convert scoring chances.
According to him, if those chances created in their opening match against Jet Bomber FC at the ongoing Nation wide League One (NLO), in Omoku centre were  converted, it  would have given them victory.
Ledor, said this on Saturday in a chat with Tidesports shortly after they played goalless draw against Jet Bomber FC in their opening match in 2024 NLO Division in Omoku, Rivers State.
“ We created a lot of scoring chances but could not find the net”, he said.
He explained that playing goalless draw is not a bad result in football but in a competition like this, they need to score goals and win matches.
“ My brother, we missed a lot of scoring chances which is not good. I trainned my players  on how to create chances and to convert them.
“ What is important in a competition is winning but as we did not lose the game,  we will look forward for our next game.
“We will go back to the drawing board and correct the grey areas in our game and ensure we get better results in our next outing.
“Today’s game is gone, what we need to do is to make sure we win our next game,” he stated.
He pointed out that no game comes easy but the effort you put in will give good result. They tried their best today and the result was good for both teams but we need to win our next game.
“My opponents were also  a good side; they tried all what they could but didn’t score also. It was a good game but my team needs to win games,” he added.

By: Kiadum Edookor

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Wilkins Backs Rivers Hoopers To Spring Surprises At 2024 BAL

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A French-American, John Walter Wilkins is confident Rivers Hoopers can make it to the playoff round of the 2024 Basketball Africa League (BAL).
Wilkins, who is the son of former NBA player Jeff Wilkins, linked up with his Hoopers teammates at the team’s training camp in Port Harcourt, Rivers State, ahead of the 2024 BAL Savannah Conference games, which tip off on Saturday, 4th May, 2024, in Dakar, Senegal.
Wilkins is no stranger to African basketball, having played for Moroccan sides AS Salé (2015-2016) and Ittihad Tanger (2017-2019), before leading Stade Malien to a third-place finish at BAL 2023.
Looking ahead to the 2024 BAL, Wilkins says the quality of basketball across Africa has improved, with the BAL requiring a high level of competitiveness, but backed Rivers Hoopers to spring a surprise at the tournament.
“It’s a really high level, a great competition; [it’s] one of the best I’ve played in since I’ve been in Africa. But we don’t need to be scared. We need to just attack the moment, be there, be present, and I think if we are confident in our abilities, we can surprise people,” he said.
Since its inaugural season in 2021, Nigerian teams have appeared twice at the BAL, with Rivers Hoopers playing in the inaugural edition of the tournament in 2021 and Kwara Falcons featuring at BAL 2023.
Despite failing to reach the playoffs on both previous occasions, Wilkins is optimistic that with the quality of players in the Hoopers squad as well as the recruitment done ahead of the BAL, Rivers Hoopers will be more competitive in this season’s BAL.
“I’m really optimistic. I know that those past years the teams from Nigeria didn’t do well, but I think with me, Kelvin [Amayo], Will [Perry], and the other guys, I think we can show the way, have some wins, and be more competitive,” he stated.
The Nigerian Champions were drawn in the Savannah Conference alongside former BAL Champions US Monastir (Tunisia), last year’s runners-up AS Douanes (Senegal), and APR (Rwanda).

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