Spanish gambling operator Grupo Codere begins 2018 by undertaking a leadership and governance restructure.Updating the market, Codere confirmed the appointment of Vicente Di Loreto as new Group Chief Executive, replacing current incumbent José Antonio Martínez Sampedro as the company leader.Di Loreto the former COO of Codere Latin America (2005-2010) will be supported by new Executive Chairman Norman Sorensen Valdez.The executive appointments see Codere governance shift executive functions away from the company founding Martinez Sampedro family.Spanish news sources report that Codere debt-controlling private equity firms demanded the executive changes, following the successful restructuring of the firm’s long-term €1 billion debt financing plan. However, the Martinez Sampedro family who maintains an 18% corporate equity, will likely move to challenge the leadership changes at Codere’s upcoming shareholder meeting.In 2017, a restructured Codere noted significant progress in its core market of Spain, supported by accelerated growth for its Mexico and Argentina properties. Furthermore, the company launched its services within the newly regulated Colombian gambling market.Vicente Di Loreto a seasoned executive in South American betting/gambling, will be expected to continue the Codere’s new market expansions, whilst maintaining its home recovery against increased competition from international operators.“Codere is a great organisation that has managed to be at the forefront in recent decades; our intention is to continue creating value and enhancing our experience to address new projects and capture opportunities for growth” detailed Di Loreto on taking over Codere leadership. Related Articles Submit Martin Lycka – Regulatory high temperatures cancel industry’s ‘silly season’ August 11, 2020 Winamax maintains Granada CF sponsorship despite bleak Spanish outlook August 19, 2020 StumbleUpon Andrea Vota – Jdigital’s challenge of Spanish restrictions is led by logic and rationale August 13, 2020 Share Share
Platini has made no secret of his support for Qatar but denies he was influenced by Sarkozy, whose advisor for sport, Sophie Dion, was also arrested along with Platini.“It was time to give them the World Cup. I am for that. It’s my conviction,” he said at the time.Claude Gueant, Sarkozy’s erstwhile chief of staff and former interior minister, was also called in for questioning Tuesday by France’s Anti-Corruption Office of the Judicial Police.The decision to award the event to Qatar ultimately led to a wider corruption probe that led to the overthrow of Blatter and Platini and the arrest of senior FIFA figures.Platini, 63, led UEFA until 2015 when he was banned from football for four years for ethics violations including receiving a two-million Swiss francs (1.8 million euros, $2 million) payment from the disgraced former head of FIFA Sepp Blatter.Qatar has been accused of buying votes in its bid to stage the World Cup and a subsequent report by US independent investigator Michael Garcia unearthed an array of suspect financial dealings, many linked to Sandro Rosell, the ex-Barcelona president who served as a consultant for Qatar.Platini, a triple Ballon d’Or winner, was expected to succeed Blatter as FIFA president in 2016 before his fall from grace. He has been battling to clear his name ever since.Share on: WhatsApp FILE PHOTO: Michel Platini via @AFPParis, France | AFP | The banned ex-UEFA chief Michel Platini was arrested Tuesday in connection with a criminal investigation into the award of the 2022 World Cup to Qatar.The French football legend elected to lead European football’s governing body in 2007 was taken into custody by French anti-corruption police investigating the awarding of the 2022 World Cup to the gas-rich Gulf state.Qatar was named to host the World Cup in a decision that triggered controversy over its suitability amid allegations of corruption that ultimately sparked FIFA’s worst ever scandal five years later.France’s Financial Crimes Prosecutors Office (PNF) opened a preliminary investigation in 2016 into allegations of corruption, conspiracy and influence peddling surrounding FIFA’s award of the World Cup to Qatar and also the 2018 tournament to Russia.According to Blatter, Qatar won hosting rights as a result of a deal with the French, derailing FIFA’s own “diplomatic arrangement” whereby hosting rights would go to Russia in 2018 and then to the United States four years later.The French investigation centres on alleged French intervention linked to Platini and former president Nicolas Sarkozy.According to the specialist magazine France Football, a “secret meeting” took place on November 23, 2010 at the Elysee Palace in Paris between Sarkozy, Qatar’s then-Prince (now Emir) Tamim bin Hamad al-Thani, and Platini, at that time both UEFA president and vice-president of FIFA.Just over a week later, FIFA awarded Qatar hosting rights for the 2022 tournament.
Advertisement i4lNBA Finals | Brooklyn VsuzaaWingsuit rodeo📽Sindre E2vpq( IG: @_aubreyfisher @imraino ) 49ulyuWould you ever consider trying this?😱1lu0egCan your students do this? 🌚863Roller skating! Powered by Firework Inter Milan’s brand new frontman Romelu Lukaku has scored a handful of goals for Inter but when it comes to settling well in the city and in the dressing room, the former Manchester United striker seems to be having a bad time.Advertisement Racism was how Lukaku was welcomed to Italy in the form of Cagliari fans being racially abusive towards the Belgian. Suprisingly, the Inter Ultras defended their Cagliari counterparts.Advertisement News has surfaced that Lukaku has been involved in a dressing room feud with midfielder Marcelo Brozovic.Lukaku is reported to have taken a dig at the Croatian for having underperformed in the game against Slavia in the Champions League.Advertisement Speaking about Inter’s performance after the game, Lukaku said: ‘The first half was very hard for us because Slavia played at such a high tempo and pressed us.‘In the last 20 minutes we created lots of chances to score, but it wasn’t the perfect game today because we didn’t win.‘We have to work hard to improve this season. As a team, we have to work hard every day to do what the coach wants because we have the ability to do really well, but we need to work hard every day.’With the Milan derby coming up, he added: ‘We’re a great team and anyone who comes up against Inter knows it will be difficult for them. We’ll be very well prepared for the game, for sure.’ Advertisement