Tag: revenue sharing
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NFC Award Politics Heats Up as Provinces Push for Fair Share
Background: Why the NFC Award Matters The National Finance Commission (NFC) award is the cornerstone of fiscal federalism in Pakistan. It determines how revenues from the central tax pool are distributed among the federation and its provinces. When negotiations stall or the terms appear skewed, tensions quickly rise among provincial capitals and the federal government.…
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Why Community Mining Isn’t a Cure-All for Illegal Mining
Introduction: The promise and the peril of community mining As governments grapple with the widespread challenge of illegal mining, proponents have increasingly pointed to community-based approaches as a practical solution. The idea is simple: empower local communities to manage mineral resources, monitor activity, and reap the benefits in a controlled, transparent framework. Yet while community…
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Konor of Yilo Klo appeals for Kroboland to benefit from limestone mining
Community Leader Calls for Inclusive Benefits from Limestone Mining The Konor of the Yilo Klo Traditional Area, Oklepeme Nuer Anorbaa Sasraku, has publicly appealed to the government to ensure that the people of Kroboland benefit from limestone mining activities in the region. The appeal was conveyed through the Eastern Regional Minister, Rita Akosua Adjei Awatey,…
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Anwar to address Sabah’s 40% revenue entitlement in Parliament today
Overview: Sabah’s 40% revenue entitlement on the Parliament agenda Prime Minister Datuk Seri Anwar Ibrahim is set to address a long‑running financial issue that has highlighted tensions between Sabah and the federal government. On Wednesday, during the Minister’s Question Time in Parliament, Anwar will discuss Sabah’s 40% revenue entitlement. The issue, which has hovered over…
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LiBRA Clarifies Flamengo Position on Dialogue and Revenue Rules
Background: LiBRA’s role in shaping Brazilian football governance The LiBRA framework was created to harmonize how the rights to broadcast and commercial revenues are negotiated, with the aim of building a robust, sustainable league. Recent statements attributed to the Clube de Regatas do Flamengo, a historic Brazilian club, have sparked questions about whether LiBRA favors…
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Flamengo to Convene Oct 7 Meeting to Clarify Libra Revenue Dispute
Overview: Flamengo summons council to discuss Libra controversy Flamengo has called a Deliberative Council session to present the Libra controversy to club members and outline the path forward. The gathering is set for October 7 at 6:00 pm, in the Sale3o Nobre da Ge1vea. The club says the presentation will address the controversies embedded in…
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Flamengo Convenes Deliberative Council Meeting to Clarify Libra Dispute
Overview Flamengo has summoned the club’s Deliberative Council for a formal presentation on the Libra revenue-sharing dispute. The session is scheduled for October 7 at 18:00, to be held in the Salão Nobre (Noble Hall) at Gávea. The objective is to illuminate the controversies embedded in Libra’s statute, particularly the criteria used to divide audience-rights…
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Legal and Political Clash Tests Brazil’s Libra Football League
Context: Libra and the revenue-sharing model at stake Brazils Libra (Liga do Futebol Brasileiro) was pitched as a governance-driven reform to how top-tier clubs divide broadcasting revenue. The central idea is to pool media proceeds and distribute them according to a formula intended to promote competitive balance, financial stability, and long-term viability across clubs of…
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Legal and Political Struggle Exposes Libra’s Fragility in Brazilian Football
Legal turn in Libra dispute The ongoing quarrel over how Libra, Brazil’s attempt to consolidate revenue distribution in football, allocates its earnings has taken a sharp legal turn. Flamengo secured a preliminary injunction from the Rio de Janeiro Court of Justice to block a R$ 77 million payout tied to a pay-per-view contract. The decision…
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Legal and Political Strain Exposes Fragility of Brazil’s Libra Football League
Context: Libra and the Revenue Split in Brazilian Football The dispute surrounding Libra, Brazil’s organized football league structure, has moved from boardroom debates to the courtroom and the political arena. At its core is how broadcast revenue, especially from pay-per-view deals, is shared among clubs. The latest development comes as Flamengo secured a court order…