Egypt's MSMEDA injects EGP2.2b into 51k projects in Alex. over 10 yrs    EGP shows mixed moves vs. USD in early Thursday trading    FRA approves establishment of five new firms for investment fund management, SME financing    Sukari Gold Mine showcases successful public–private partnership: Minister of Petroleum    Egypt's Environment Minister attends AMCEN conference in Nairobi    Egypt considers launching national platform to mobilise green financing for private-sector industrial transformation    Egyptian, Belarusian officials discuss drug registration, market access    Egypt stocks hit record highs in 2025 as reforms fuel rally: Cabinet    Egypt condemns Israeli strikes on Lebanon, Syria    Syria says it will defend its territory after Israeli strikes in Suwayda    Pakistan names Qatari royal as brand ambassador after 'Killer Mountain' climb    Health Ministry denies claims of meningitis-related deaths among siblings    Egypt's Health Min. discusses drug localisation with Sandoz    Egypt, Mexico explore joint action on environment, sustainability    Needle-spiking attacks in France prompt government warning, public fear    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Egypt's PM urges BRICS to prioritise peace    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt's GAH, Spain's Konecta discuss digital health partnership    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



European Leagues want fairer spread of riches in future
Published in Ahram Online on 06 - 09 - 2019

The riches from Europe's lucrative club competitions should be spread more evenly in future and any expansion must not come at the expensive of domestic leagues, the European Leagues umbrella group said on Friday.
UEFA wants to revamp its club competitions from 2024 onwards and is currently working with the European Club Association on possible formats.
An initial proposal was for a three-tier pan European league with promotion and relegation between the divisions, according to league officials who have seen it.
The top tier would be the new version of the Champions League but 24 of the 32 teams would keep their places for the following season, breaking the tradition that qualification is achieved through performance in domestic competition and prompting opposition from Europe's domestic leagues.
On Friday, the European Leagues group said that any redesigning of European competition should be based on three principles: protection of domestic leagues, increased participation and fairer financial distribution.
"The European Leagues are in favour of innovations in football including evolving the UEFA Champions League," it said in a document which presented its principles.
"However, these must be under the condition that any changes contribute to the growth of professional football as a whole and not just for a very few."
The European Leagues welcomed the three-tier system but said that only the Champions League winners should keep their place in the following year's competition -- as happens now -- and that only the winners of the lower two tiers should be promoted.
It said that the number of matchdays reserved for European club competition in the calendar should remain at 17 -- a total that does not include the first three qualifying rounds playing in July and August -- and matches should continue to be played in midweek, leaving weekends free for domestic games.
UEFA currently organises two continental club competitions, the Champions League and the Europa League with a third, known as Europa League 2, to start in 2021.
The European Leagues also proposed that solidarity payments -- paid to the clubs which do not qualify for European competition -- be increased from the current 7.3% to 20 percent of European club competition revenue.
"The European Leagues... have shown they are open to new innovations providing they are underpinned by the principles of current sporting merits, the primacy of domestic football, and the need to respect the domestic football calendar beloved by fans," said European Leagues president Lars-Christer Olsson.
(For more sports news and updates, follow Ahram Online Sports on Twitter at @AO_Sports and on Facebook at AhramOnlineSports.)


Clic here to read the story from its source.