IPL SALARY CAP FIXED AT RS 60 CRORE FOR 2014

According to reports, the Governing Council of the IPL has decided to put an upper limit on the total salary of the players for the 2014 season. A salary cap of Rs 60 crores has been projected to be imposed on each franchise. For 2013 the limit was 12.5 million dollars (Approx Rs 77 crores).

Considering the present economic conditions, all payments will be in Indian rupee. This means that foreign players who were earlier paid in dollars will be paid in Indian currency only. The salary cap is expected to rise by 5% every year.

In professional sports, a salary cap or wage cap is an agreement or rule that places a limit on the amount of money that a sporting club can spend on player salaries. The limit exists as a per-player limit or a total limit for the team's roster, or both. Several sports leagues have implemented salary caps, both as a method of keeping overall costs down, and to ensure parity between wealthy and not so wealthy teams as they cannot entrench dominance by signing many more top players than their rivals. Salary caps can be a major issue in negotiations between league management and players' unions.

(Photo courtesy www.ibtimes.co.in)

India officially submits bid to host FIFA U-17 World Cup

The All India Football Federation (AIFF) can confirm that India has submitted its bid to host the prestigious 2017 FIFA U-17 World Cup.

“We are happy that we could submit all the necessary bid documents before the deadline,” AIFF General Secretary Mr. Kushal Das told www.the-aiff.com

“I am grateful to our President Mr. (Praful) Patel for the initiative taken in following up with the Government in terms of the guarantees required, and ensuring the all the guarantees were ready and could be submitted in time,” added Mr. Das.

Airtel I-League CEO Mr.Sunando Dhar submitted the bid documents to FIFA’s Director of Competitions Division Mr. Mustapha Fahmy at the FIFA Headquarters in Zurich on Tuesday (November 12, 2013).

“I was at Zurich to submit our bid documents for hosting the FIFA U-17 World Cup in 2017. The bid will be taken up in the FIFA Executive Committee meeting on December 3,” Mr. Dhar confirmed.

“FIFA was very happy to receive the guarantees from the Government and the official bid from AIFF. We are eagerly waiting for the final verdict now,” he added.

Other nations competing for the bid include Uzbekistan, Ireland and the 2010 World Cup host South Africa.

(Report & Photo courtesy AIFF Media)

  POSTAGE STAMP TO  BE OWNED BY SWEDISH GIANT.

A personal postage stamp to be owned by Sweden Football Captian ZLATAN IBRAHIMOVIC.

It has been announced by the postal service of sweden that Zlatan will have his own stamp known as "Zlamp" which will be considered as a mark of best footballer of sweden.

The postage stamp - "Zlamp" will release on March 27,2014.   When  asked Zlatan about this....

He said: "I've got to be on a corner of the stamp and it will be fun to see the finished result.

"It's a great honour to be on a postage stamp, and I'm very proud to be selected.

"I get a lot of bills and there are rarely great stamps. Maybe that will change now!"

The  stamps will be of  5 different types and will come in a special booklet  of 10 different stamps.                                                                                                                                                                                                                                                   


  The 32-year-old is also nominated for the 2013 FIFA Ballon d'Or award .
   

And has been named on the shortlist for the Puskas Award for his goal against England.
 

After qualifying for the Men's Hockey World Cup 2014, another Proud Moment for India.... Read on...

News Courtesy - http://www.fih.ch

England & India to host Hockey World Cups 2018

Women’s event heading to England, men’s tournament 

destined for India

We are delighted to announce that England and India will host the Hockey World Cups in 2018. England Hockey were successful in their bid to host the women’s showpiece, with Hockey India winning the race to host the men’s equivalent.

The announcements were made by FIH President Leandro Negre at a special ceremony at the Beau Rivage Hotel in Lausanne, Switzerland on Thursday evening.

“I wish to offer my sincere congratulations to England Hockey and Hockey India on their successful bids to host the Hockey World Cups 2018”, said Mr Negre. “The quality of both bids was truly extraordinary, and the FIH is greatly looking forward to bringing its top properties to England and India. I would also like to congratulate all of the National Associations that submitted bids for these events. The standard was exceptionally high, making the decision extremely hard for the FIH Executive Board.”

Alongside the Olympic Games, the Hockey World Cups are the most coveted, cherished prizes in Hockey. Held every four years, they bring together the world’s greatest teams and most skilful players for the toughest, most competitive international hockey event imaginable.

Both the Men's and Women's Hockey World Cups 2018 will feature an increased 16-nation field of participants, confirming the growing interest and development of the sport. Next year's hugely anticipated Rabobank Hockey World Cup, which takes place in The Hague, Netherlands during the first two weeks of June, will see twelve men's and twelve women's teams competing in a mammoth double event.

“The decision certainly was not an easy one to make”, said FIH Chief Executive Officer Kelly Fairweather, reflecting on the bidding process. “All of the bids that we received were exceptional, being completely in line with our strategy to deliver the most entertaining, exciting and inspiring hockey events in the world. The FIH Executive Board were hugely impressed by the bids from England Hockey and Hockey India, and are convinced that both National Associations will deliver absolutely magnificent tournaments.”

The FIH has been meticulous in its approach to choosing the hosts for the 2018 showpiece events. As part of the bidding process, the FIH requested that bid questionnaires were submitted before a deadline of 31 August.

The second phase of the process saw each bid evaluated in detail, as well as further discussions, clarifications, site visits and negotiations taking place with the respective National Associations.  The final decision was made by the FIH Executive Board in Lausanne, Switzerland on Thursday, bringing the process to an end by naming England and India as the host nations of hockey’s top properties.

The World Cup hosts’ announcement is part of FIH’s new event assignment process, which was launched and presented to the National Associations at the FIH Congress in November 2012. The re-structured bidding process was designed to ensure that the majority of the unallocated events for the 2015-2018 period would be assigned before the end of this year. The FIH will make an announcement about the host nations of these events in due course.

http://www.fih.ch/en/news-4817-england-india-to-host-hockey-world-cups-2018

IMG-RELIANCE SUPER LEAGUE DEFERRED TILL SEPTEMBER 2014

Amid resistance from I-League clubs and infrastructure availability problems, the much awaited Football Super League has been postponed till September-November 2014. AIFF, its commercial partner IMG-Reliance and STAR India after a joint meeting decided to defer the league which was scheduled to be inaugurated in Mumbai on 18 January 2014.

The organizing committee after evaluating the scheduling of Indian football calendar including the I-League and non availability of stadium in Goa due to delay in Lusofonia Games unanimously deferred the launch to September 2014.

IMG-Reliance had already signed internationally renowned players like Louis Saha, Dwight Yorke, Fredrik Ljungberg, Hernan Crespo and Robert Pires as marquee players. Former Manchester United goalkeeper Peter Schmeichel, France international Marcel Desailly and Liverpool marvel Kenny Dalglish have also been signed for the role of managers. In addition 39 domestic players and 20 players of AIFF developmental side Pailan Arrows have been roped in to play in the league.

Reportedly the much anticipated league has already created a buzz with interest shown from Shah Rukh Khan (Kolkata Knight Riders), Kalanidhi and Dayanidhi Maran (Hyderabad Sunrisers), GMR Group (Delhi Daredevils) and Emerging Media (Rajasthan Royals), Ranbir Kapoor, John Abraham and Abhishek Bachchan. Among corporates, Air Asia's Tony Fernandes, Yes Bank chairman Rana Kapoor, the Venugopal Dhoot-owned Videocon Group, Airtel's Sunil Mittal, Anand Mahindra, Hero Group were said to be shown interest in bidding for the eight city-based franchises.

IMG Reliance is a joint venture between IMG Worldwide and Reliance Industries. In 2010, it acquired all the commercial rights of football in India, in a 15 years Rs. 700 crores deal with AIFF.

IMG-Reliance had announced IPL style football league to be held in India. The tournament is to be contested amongst eight city-based franchises with venues at Mumbai, Kolkata, Chennai, Delhi, Guwahati, Bangalore, Kochi, Goa and Pune. The league will feature marquee players from across the world along with India's national stars and club and domestic talents. The league will feature 22 players in each team, with 10 foreign players, including a marquee player. Each franchise will also include eight domestic players and four local players in the under-23 category.

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