Monthly Archive: June 2018

F1 boss Ecclestone charged in bribery case

Formula One boss Bernie Ecclestone has been charged by German prosecutors with paying a $44 million bribe, placing his future as head of the motor sport series in doubt.

The 82-year-old British billionaire has been under investigation since a German banker was convicted of taking the payment from him in connection with the sale of a stake in F1.

The Munich state court said Ecclestone has until mid-August to respond to charges of bribery and incitement to breach of trust in connection with Gerhard Gribkowsky’s management of the bankBayernLB’s 47 percent stake in F1.

Ecclestone, the longtime commercial head of F1, acknowledged during Gribkowsky’s trial in 2011 that he made the payment five years earlier but said he was pressured to do so.

Ecclestone’s indictment was dated on May 10 and has since been translated into English and delivered to Ecclestone and his lawyers, the court said.

”The lawyers have accepted an indictment,” Ecclestone told The Associated Press. ”It means they have to reply to the indictment, which they are strenuously doing.”

Ecclestone, who Forbes magazine reports is worth $3.8 billion, said he is yet to read the indictment.

”They are alleging I bribed someone,” Ecclestone said, while insisting he did ”nothing illegal.”

Sentences in Germany for bribery range from three months to 10 years in prison.

CVC Capital Partners, the investment group that has owned F1’s commercial rights since 2006, issued no direct comment Wednesday about the future of Ecclestone.

”Mr. Ecclestone has six weeks to provide a response to this bill of indictment prior to a decision being made by the court on opening proceedings,” the board of Formula One Group said in a statement. ”The board will continue to monitor developments in this situation accordingly.”

Ecclestone was retained as chief executive of F1 by CVC after it took control of the sport following the takeover that sparked the bribery case.

Gribkowsky was in charge of selling BayernLB’s stake in F1 to CVC.

In addition to taking the money from Ecclestone, Gribkowsky used BayernLB’s funds to pay the F1 chief a commission of $41.4 million and agreed to pay a further $25 million to Bambino Trust, a company with which Ecclestone was affiliated, prosecutors said during the trial in 2011.

Ecclestone told the court he deserved a commission for the sale, saying ”I did a very, very good job.”

On Wednesday, he told the AP: ”They wanted money. I was shaken down by the guys. It’s happened in life before.”

Gribkowsky, who has largely admitted the charges, was sentenced to 8 1/2 years in prison after being found guilty last year of corruption, tax evasion and breach of trust.

Ecclestone’s German lawyers, Sven Thomas and Norbert Scharf, said they will soon submit a ”comprehensive response” to the court – and the central issue in that response will be ”the varying ‘confessions’ of Mr. Gribkowsky.”

Ecclestone was savvy in building his power base in F1 from the 1970s and helped to create the Formula One Constructors’ Association that controlled the business side of the sport, including selling the TV rights.

The British-based company later became known as Formula One Management. It has fought regular tussles with the teams over finances, but has retained control of the global motor racing series.

CVC, having amassed a 63 percent stake of F1, has reduced its holding as other investors have come on board in recent years, although a planned flotation has stalled.

Ecclestone’s holding has been diluted to about 5 percent.

Geir Mouslon in Munich contributed to this report.

Winning 79-0 and 67-0, Clubs It Finally Punished

Two Nigerian club amateur get sanction from the Nigeria Football Federation (NFF). The sanctions were imposed following allegations of match-fixing that occurred at some time ago.

The two clubs are Plateau United and Police Machine FC. They won with a score very badly on opponents 79-0 and 67-0 respectively. Allegations of match-fixing rampant because both Plateau and the Machine have recorded a goal as much as possible in order to get through to the professional division league Nigeria.

Not only are the two teams, it appeared that both teams were defeated, Akurba FC and FC Bubayaro also be penalized. NFF thus penalizing the four clubs who allegedly did the alleged match-fixing.

NFF has done their investigation and sanctions by banning four clubs to participate in football activities in Nigeria for 10 years. Not only that, all the players and team officials sentenced to life imprisonment for not dabbling in the world of football.

“NFF has accepted the recommendation and decide on sanctions. Subsequently, we will announce this matter to the club, the federation, the Confederation of African Football (CAF) and FIFA. We will publish the name and photo of the players were punished for data to become more complete,” said Vice President of the NFF, Michael Okeke Umeh, as reported by Football411. (one)

Inter Sell 75 Percent Stake to Erto?

Inter Milan reportedly has officially sold its shares to Indonesian businessman, Erick Thohir, as much as 75 percent.
As reported by the Italian media Gazzetta dello Sport on Friday (9/7) this morning, Inter sold the shares are worth 300 million euro (Rp 3.9 trillion).
Thohir want to acquire Inter news that had been blowing since early May. Initially, the Philadelphia 76ers NBA club owners and club soccer MLS DC United was negotiating with club president Massimo Moratti to buy a 51 percent stake in Inter.
However, further news said Thohir offers up to 75 percent. However, the deal never actually come after Moratti has repeatedly denied that there was a deal with the boss Mahaka Group.

Valuable Lessons I’ve Learned About Resources

The Benefits of Golf Course Management Services

Golf is one of the games that very many people have been known to enjoy and this is because it has been known to get a number of benefits. In many of the regions of the world that you can go to, you’ll always find golf courses and this is because, it’s one of the games that is played all over the world. By participating in playing golf, you can be able to benefit quite a lot especially because this is physical exercise. Having a good golf course is usually very important because it determines how enjoyable the game is going to be and therefore, it’s very critical for very many people. Golf courses are usually interesting especially because they are available in different parts of the world. Most of the golf courses are usually able to provide you with membership such that, if you want to play golf, you have to be a member. Golf is one of the expensive games and therefore, for people to play, it is critical to have the membership so that the income can be regulated. In order to ensure that the golf course is okay, it’s very important for you to hire management services that can be able to help you out. Hiring these companies is going to give you the following benefits.

Golf course management services are very critical especially because, they will help you to do an analysis of the tournaments that have to be played on that golf course. Advertising of the golf course is usually very important because they are not so many and therefore, this service has to tell people about the availability of yours. The maintenance of the golf course usually involves checking or doing around truck analysis of the whole of the golf course to ensure that every part that has a problem has been repaired and well maintained. Golf course management companies usually provide you with the maintenance services whereby, they hire the people that can do the cleaning and maintenance.

There is also more about the financial aspect of the golf course management companies, they help you to manage the income that you get. Because there are amount of money that have to be paid by the players, the companies will collect them and keep very good records. After hiring golf course management companies, you will also realize that they give you suggestions of difficulties that you may be facing with the golf course and tried to give you solutions, click here for more.

Case Study: My Experience With Sports

Why Watching Sports is Important

In the present days due to an increased number of sporting events all around the world, most of the people seem to be taking up the act of watching sports as a hobby. When it comes to watching sportspeople usually enjoy these activities for different reasons at times depending on the age or even gender. One of the reasons why people watch sports is that games usually create a sense of belonging mainly where people do associate themselves with a given team. When it comes to sports, it’s always likely that people who support the same team will have the same emotions towards their team and when the team wins they celebrate together, and therefore this creates a sense of belonging.

Where one had a long day at work or having stress watching your favorite sport gives you an opportunity to rest and keep off memories about the things of the real world. When the team you are supporting wins, this usually helps in boosting your morale and it also makes you forget about the stressful situation situations you had. Most of the sports usually involve rivalry competition between various teams and this usually contributes to lot of drama which turns out to be very entertaining. You need to note that persons watch sports as a source of pride. You can also surf the website for reasons as to why people watch sports it the pride which comes along when you support a team from your region or country .

Since sports, it’s one entertaining, and there are so many advantages which result from watching of sports. One of the benefits that one acquires from watching sports it’s that at times sports turns out to be a motivating factor for people to acquires some aspects. Watching sports give one confidence upon noticing how players act. You can be even be encouraged on seeing how a player acts even after being injured in the field. Since at most of the times people like watching sports in areas where there are gathering it’s likely that people supporting the same team will stay together and even celebrate together and In so doing one is expected to meet new people.

Therefore apart from watching sports for entertainment there are health benefits derived from this activity. One the benefits about watching sports the levels of getting stressed are minimized since by concentrating on the game one mind is usually carried away from the real world. When it comes to watching the sports it likely that one will keep on analyzing the mistakes made and why the teams are not doing well, and this makes you be a critical thinker.

Attributed by: Your Domain Name

Short Course on Animals – Covering The Basics

Bird Watching Tips.

We all have some set activities which we consider best when it comes to looking the best kind of fun moment that we need. This calls for us to find the best way that we can spend the free time that we usually have. One of the things that we consider doing is taking part in bird watching.

When we take our time to observe the behavior of birds around us fly and go on with their life is what we may prefer to be bird watching.This includes watching them with naked eyes or maybe by the use of the devices like the binoculars. Bird watching can take part in the natural environment where we can see it fit at the end of the day. There are some of the individuals that may see the sense of being part of the bird watching exercise but there are some other people that prefer the action all the time.

We need to see to it that we can have the interest when it comes to birds watching for us to benefit from the activity. This is because we can feel happy when we are into it. People who love the things to do with the natural surrounding also take part in the bird watching. This is because these people are always mesmerized with what nature has to offer at the end of the day. The birds on the other hand can also be considered as one of the gifts of nature as there are a lot that people can learn about them.

By doing bird watching as an activity there are some key advantages that one may realize at the end of the day. One of the benefits is the fact that we can find the best way that we can spend the leisure time that we have. Since there are a lot of birds that we can learn about we find it necessary to take our ample time in doing this. We are always able to learn more about the birds by being in position to move from place to place. Being able to find the best way that we can spend time with our friends is also another benefit. We can share the findings that we have with the friends which will help to build the relation that we have. The homepage of our website has a lot of information about birds.

The other benefit of bird watching is that we can get to quench our adventure spirit. We can do this by being position to study the species of the birds in our hood. This can be by learning their traits that they have all the time. We can always have better understanding of the environment that we have around us.

More reading: his response

Waiting Honda domination and Local Rider Achievement

Washington – United States be a friendly place for Honda is always a winner in the last six races there. In the ninth series of U.S. accomplishments rider is still awaited.

After last week’s action in Germany, the MotoGP riders are going to race at Laguna Seca circuit racing. Sunday (07/21/2013) This weekend competition Jorge Lorenzo, Dani Pedrosa, Valentino Rossi and Marc Marquez will come back to continue.

The following data and facts the U.S. MotoGP, as quoted from the site MotoGP.com:

– Six final MotoGP race held in the United States (including Laguna Seca, Indianapolis and Austin) is always won by the Honda rider. The last time there was non-Honda rider stood on the podium top is Jorge Lorenzo at Laguna Seca in 2010.

– It has been very long since the U.S. rider to win the MotoGP. The last time the United States there are riders the highest podium is through Ben Spies in MotoGP Netherlands in 2011.

– This weekend will be the 23 MotoGP races in the United States. Grand prix motor racing event was held first in 1964 and 1965. Laguna Seca has become host rumlah total as much as 14 times, five times in Indianapolis, twice at Daytona and one in Austin.

– Victory Marc Marquez in MotoGP Germany last week was a victory achieved by the 28 Honda rider throughout his career. With this amount is less Marquez one more victory to be able to match the record belongs to Loris Capirossi.

– Marc Marquez fourth consecutive season victory in Germany. Before doing so in the MotoGP class, he was also a champion in there while still competing in the Moto2 class (2011 and 2012), and while still in the 125 cc class (2010).

– In the last four years Jorge Lorenzo took pole position always. But in the span of just once so he champions.

– If you can reach the pole at the end of this week, it would equal the record of Lorenzo as rider Casey Stoner, who won the most consecutive pole in the circuit. Before retiring, Stoner recorded five times MotoGP pole position in Australia.

– Following an accident suffered by Dani Pedrosa and Jorge Lorenzo in Germany, now living there are two riders who consistently score points since the first series. They are Andrea Dovizioso and Aleix Espargaro.

– The only Honda rider to start from pole position is Nicky Hayden. He did it in 2005.

 

Moving Was the Right Decision

I have never been one to particularly like driving. Growing up in a big city, there was really never any need. I could take public transportation or walk anywhere I needed to go. When I got older and met people from other parts of the country, they were shocked i was in my thirties and still didn’t have a license. I figured I’d get around to it one day.

Needless to say, I never got around to it. Then I got a job offer in Singapore. Before I accepted it I had to research transportation services in Singapore. I was pleasantly surprised at the options that were available to me. They were both affordable and luxurious. (more…)

Contribute Weightlifting Silver One for Indonesia in the Universiade 2013

Contribute Weightlifting Silver One for Indonesia in the Universiade 2013
Kazan – Until the 10th Universiade championship in 2013, Indonesia has to get a silver medal. Medals were donated from weightlifting branch.

Universiade is a championship fight for a lot of sports like the Olympics. The difference is, the athletes who competed here are the students.

In 2013 the event was held in the city of Kazan, the capital of the Republic of Tatarstan, Russia. President Vladimir Putin was officially opened on July 6, 2013 and contesting 27 sports, including rugby 7, soccer, swimming, volleyball, beach volleyball, chess, weightlifting and badminton.

In 2013 Kazan Universiade in particular also competed typical folk wrestling Tatarstan “Cyrus” who competed for the first time at the Universiade.

From 6 sports that followed, the new Indonesia won one silver medal from weightlifting 56 kg branch on behalf Surahmat Suwito. These achievements to repeat the success in the Universiade Shenzhen 2011.

“University Students Abulyatama Banda Aceh is back to repeat his performance at the Universiade Shenzhen 2011,” said Indonesian Ambassador to the Russian Federation and Republic of Belarus Djauhari Oratmangun release received detikSport.

Surahmat silver medal with a total force obtained weighing 250 kg, 16 kg lighter than the gold medalist from China. Class 56 kg bronze medal won by athletes Moldova with 246 kg total force.

“Although it has not managed to get a lot of medals, but the Indonesian team could learn quite a lot from Kazan Universiade 2013. Particular how the Russian government to prepare all facilities and of course all athletes prepare seriously to buy almost all the medals in all sports,” said Oratmangun .

Kazan is no half-and-half to host Universiade this year. They not only freshen up, but also primp.

Kazan city faces filled with flowers which were scattered in every corner of the city, really liven up summer in Kazan – which is pretty well known in the summer.

New facilities are also built specifically for the success of the Universiade Kazan 2013 Universiade Park, among others, the construction of which was opened officially on July 4, 2013.

Universiade Park is the center of the ongoing cultural activities that a side event of the Kazan Universiade 2013, where participants Kazan Universiade and the community can enjoy a variety of entertainment from rock music to the famous circus “Cirque Du Soleil” is performed every night during the Universiade Kazan 2013.

Universiade itself will be closed on 17 July. So far, Russia still leads the medal table with a record 102 gold, 54 silver, and 48 bronze. While Indonesia is in the top 46 contestants from 162 countries.