Connect with us

News

Hazard, Kepa, and Messi Lost €142 Million in Combined Market Value, Three Biggest Drops in 2020

Published

on

victor-moses

Market Value of Hazard, Kepa and Messi Drop By €142 million

The COVID-19 outbreak has had an enormous impact on the football industry, causing considerable drops in clubs’ revenues and their players’ market value.

According to data presented by SafeBetting, Hazard, Kepa, and Messi, top the list of the biggest market value drops in 2020. Statistics show the three famous footballers lost €142 million in combined market value since the beginning of the year.

Hazard`s Market Value Halved to €60 Million, the Biggest Fall This Year

Real Madrid’s left-winger Eden Hazard has witnessed the most significant drop in market valuation this year, revealed the TransferMarkt data. In June 2019, while the Belgian footballer played for Chelsea, his market value amounted to €150 million, the highest figure in the career. However, by the end of 2019, this value dropped to €120 million.

The year 2020 hasn’t been easy for the famous left-winger, bringing a new significant drop in his market value. Statistics show Eden Hazard was worth €60 million in October, a 50% plunge since the beginning of the year.

Chelsea’s goalkeeper Kepa Arrizabalaga has witnessed the second-largest drop, losing 70% of his market value this year. Statistics show Kepa was valued at €18 million as of October, a €42 million fall since December 2019.

Lionel Messi witnessed the third-largest decrease in 2020, with his market value going down from €140 million in December 2019 to €100 million in October, a 28% plunge in ten months. The TransferMarkt data also indicate the FC Barcelona right winger’s market value has constantly been falling since May 2018, when it peaked at €180 million.

Antoine Griezmann and Dele Alli round the top five list, with a €40 million and €38 million market value drop in 2020, respectively.

Alphonso Davies Tops the List of Biggest Market Value Increases in 2020

Although many European football teams have witnessed immense market value drop since the beginning of the year, some footballers increased their value significantly in 2020.

Statistics show Alphonso Davies tops the list of the most significant market value growths this year. In December 2019, the famous Bayern Munich left-back was valued at €25 million. In September, this figure peaked at €80 million, a 220% jump in nine months.

FC Barcelona left-winger, Ansu Fati, ranked second with a €40 million increase and €80 million in market value as of October.

Borussia Dortmund’s center-forward player Erling Haaland also hit €80 million in market value this month, a €35 million jump since the beginning of the year. Phil Foden and Mason Greenwood follow, with a €30 million market value increase, each.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

Continue Reading
Comments

Travel

Air Peace Flight Delayed, Passengers Stranded After Failed Promise of Hotel Stay

Published

on

Passengers aboard an Air Peace flight from Abuja to Owerri found themselves in a state of disarray and frustration after a series of delays and unmet promises left them stranded without accommodations.

What was supposed to be a routine flight scheduled to depart Abuja at 4:30 PM and arrive in Owerri at 5:30 PM turned into a nightmare as the flight was delayed until 6:18 PM due to a reported lack of a pilot.

However, midway through the journey, passengers were informed that the flight couldn’t proceed to Owerri because the airport there would close by 6:40 PM.

The flight was forced to return to Abuja, where passengers endured further uncertainty as they waited for over 20 minutes to receive any communication from the airline. Eventually, they were informed of plans to provide a bus to transport them to a hotel for accommodation.

However, this promise was not fulfilled, leaving passengers stranded and scattered around the airport.

One passenger, who had already experienced delays with another airline earlier in the day, expressed frustration at the lack of accountability and protection for travelers.

The incident highlights the ongoing challenges faced by passengers in Nigeria’s domestic aviation sector and raises questions about the adequacy of regulations to safeguard passengers’ rights.

Attempts to reach Air Peace for comment on the situation were unsuccessful at the time of reporting.

Continue Reading

Travel

Emirates Halts Check-Ins Amid Severe Weather Disruption

Published

on

Emirates Airline

Emirates, the largest international airline, has taken the unprecedented step of halting all passenger check-ins for the day.

The move comes as the emirate grapples with severe weather disturbances, including heavy rainfall and storms, leading to widespread travel chaos in one of the world’s busiest aviation hubs.

The airline announced that check-ins for all passengers would be suspended from 8 am local time until midnight, as the adverse weather conditions continue to wreak havoc on travel plans.

Despite the disruption, Emirates assured that transit passengers would still be allowed to proceed to their connecting flights.

Dubai, known for its modern infrastructure and bustling aviation industry, has been brought to a standstill by the relentless rainfall and storms.

The inclement weather has resulted in delayed or diverted flights, leaving travelers stranded and adding to the existing challenges posed by the ongoing global pandemic.

Emirates has pledged to exert all efforts to restore its scheduled operations and provide support to affected customers amidst the chaos.

However, the extent of the disruption caused by the adverse weather conditions underscores the resilience and adaptability required to navigate unforeseen challenges in the aviation sector.

As the situation unfolds, authorities and airline personnel are working tirelessly to mitigate the impact of the severe weather on travel operations and ensure the safety and well-being of passengers.

Despite the temporary setback, Emirates remains committed to maintaining the highest standards of service excellence and operational efficiency, even in the face of unprecedented challenges posed by Mother Nature.

Continue Reading

News

EFCC Recovers N32 Billion from Humanitarian Ministry Probe

Published

on

EFCC

The Economic and Financial Crimes Commission (EFCC) has announced the recovery of a sum of N32 billion from its probe into the Ministry of Humanitarian Affairs and Poverty Alleviation.

This development comes amidst allegations of financial misappropriation and fraud involving high-ranking officials within the ministry.

The EFCC’s investigation, which initially focused on the suspended Minister of Humanitarian Affairs, Betta Edu, has expanded to encompass a broader examination of financial transactions and practices within the ministry.

The probe was initiated following allegations of the unauthorized approval of N650 million payment into a private account linked to Edu.

President Bola Tinubu’s directive to investigate the allegations and the subsequent suspension of Edu from office underscore the seriousness of the matter. While Edu has denied any wrongdoing, the EFCC proceeded with its inquiry, leading to her detention and subsequent release on bail.

The agency’s investigation also extends to Edu’s predecessor, Sadiya Umar-Farouk, and the National Coordinator of the National Social Investment Programme (NSIPA), Halima Shehu.

Allegations of financial impropriety totaling N37.1 billion and the movement of N44 billion from NSIPA accounts to suspicious private and corporate accounts have prompted scrutiny of their roles in the ministry.

In a statement released over the weekend, the EFCC disclosed that its investigations into the alleged fraud have yielded significant results, with the recovery of N32 billion and $445,000 thus far.

This substantial sum reflects the scale of financial irregularities uncovered during the course of the probe.

The EFCC emphasized that its investigation is not limited to individual officials but extends to a systemic examination of fraudulent practices within the ministry.

The agency highlighted the involvement of banks in facilitating the alleged fraud, with managing directors providing valuable information to investigators.

Dele Oyewale, the spokesperson for the EFCC, reiterated the agency’s commitment to thorough investigations and prosecution of individuals found culpable.

He emphasized that no one implicated in the fraud has been cleared, and investigations are ongoing to uncover the full extent of the wrongdoing.

Beyond its efforts to combat corruption within government institutions, the EFCC is also intensifying its campaign against the abuse of the national currency and the dollarization of the economy.

The agency acknowledged the public’s support and involvement in reporting instances of currency abuse, signaling a growing awareness of the importance of preserving the integrity of Nigeria’s financial system.

As the EFCC continues its probe into the Ministry of Humanitarian Affairs and Poverty Alleviation, the recovery of N32 billion underscores the magnitude of financial misconduct within the government.

With investigations ongoing and prosecutions imminent, the EFCC remains steadfast in its mission to uphold transparency and accountability in Nigeria’s public sector.

Continue Reading
Advertisement




Advertisement
Advertisement
Advertisement

Trending