Tag: sports governance
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Flamengo and LiBRA Clash Over TV Rights Distribution Rules
Background of the dispute The ongoing disagreement between Flamengo and LiBRA (Liga do Futebol Brasileiro) entered a new phase on Friday, after Flamengo publicly commented on a court-ordered block affecting a portion of TV rights payments destined for LiBRA members. LiBRA responded to the Flamengo communication, arguing that the league’s revenue distribution rules are clearly…
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LiBRA Clarifies Flamengo Stance on League Reform and Revenue
LiBRA clarifies Flamengo stance on league reform and revenue distribution LiBRA, the consortium of Brazilian clubs negotiating broadcast and sponsorship rights, has issued a formal clarification regarding Flamengo’s recent public positions. The document underscores the difference between pursuing dialogue through proper, collective channels and actions that could undermine the league’s financial stability. It argues that…
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Asia Cup Trophy Controversy: India-Pakistan Final 2023
Backdrop to a high-stakes final In a high-profile Asia Cup final held in the UAE, reports say the Indian team chased and secured victory over Pakistan by five wickets. The on-field triumph was clear, but what followed at the trophy presentation became a talking point that captured more attention than the celebration itself. Fans and…
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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…