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September 30, 2022
SPORTS

NEWS IN BRIEF

Iordanescu: “Hagi won’t come to Steaua”


Anghel Iordanescu, former head coach of the national football team and of Steaua, stated on Tuesday that Gica Hagi hesitated to say whether he will come to Steaua or not. “It was Gigi Becali’s proposal to come and take over the team. I told him I really want to help the team but coaching it is out of the question. I told him that the best thing would be for him to mend fences with Piturca and Ienei,” Iordanescu stated for sport.ro, pointing out that he would agree to become the club’s president. “I told him I will bring over Hagi, Ilie Dumitrescu and Panduru if I return to the club. I also told him about Dan Petrescu and Gica Popescu. Gigi did not rule out any proposal,” Iordanescu added. “I would have liked to create a bridge between Gigi Becali’s Steaua and the Army. We were set to make a foolproof contract but things unfortunately bogged down. During my talks with Hagi he did not say he wouldn’t come to Steaua because of Gigi Becali. He hesitated because of the project he has with the Academy, because we take everything way too fast and we hurry,” Iordanescu added.


“I cannot say whether Hagi will change his mind, however I personally stopped my projects, I discontinued what I had planned, namely to clarify some things with Gigi Becali,” Iordanescu stated. Steaua was left without a head coach after Victor Piturca and his staff left the club last week because of club owner Becali’s statements.


Indian media giant shelves Liverpool bid


Indian finance and media giant Sahara India Pariwar has shelved its plan to acquire English Premier League club Liverpool.


“The deal for acquisition of the Liverpool Football Club was in our consideration in the recent past. However, after considering all related factors, we have decided not to go ahead with it, at least for the time being,” Sahara spokesman Abhijit Sarkar said in a statement carried by local media on Tuesday.


Sahara, which sponsors the Indian cricket and hockey teams and owns the Pune franchise of the Indian Premier League, had been among a raft of bidders linked by British media to Liverpool, who were put up for sale by American owners Tom Hicks and George Gillett in April. As many as six parties are jostling to buy the 18-times English champions, who urgently need a cash injection to deal with their 237 million pounds ($377 million) debt and invest in the club, according to media reports. Sahara had discussions with Manchester United last year about a potential shirt sponsorship, but no deal materialised.


Canadian Wild Cards Defeat Djokovic-Nadal


Canadian wild cards Vasek Pospisil and Milos Raonic made a memorable ATP World Tour debut, overcoming the world’s top two singles players, Novak Djokovic and Rafael Nadal, 5-7, 6-3, 10-8 on Monday night at the Rogers Cup in Toronto, BBC reports.


Pospisil and Raonic won the final three games of the second set, and immediately gained control in the Match Tie-break by rolling out to a 4-0 lead. They earned four match points at 9-5, and after seeing Djokovic and Nadal erase three of those opportunities, finally succeeded in closing out the win in one hour and 34 minutes.


Djokovic and Nadal were making their partnership debut, marking the first time in more than 30 years that the top two players in the South African Airways ATP Rankings were teaming up in doubles action. World No. 1 Jimmy Connors and No. 2 Arthur Ashe played together in 1976, reaching the quarter-finals in North Conway and the final in Washington.


The 20-year-old Pospisil and 19-year-old Raonic will next face Wimbledon champions and No. 5 seeds Jurgen Melzer and Philipp Petzschner.


Two other Top 10 singles player, World No. 4 Andy Murray and No. 5 Robin Soderling, also bowed out in his first-round doubles matches at the ATP World Tour Masters 1000 tournament.


Murray and fellow Briton Ross Hutchins lost to Philipp Kohlschreiber and Gael Monfils 6-3, 6-2, while Soderling and Jarkko Nieminen fell to Julien Benneteau and Michael Llodra 6-3, 7-5, BBC further reports.


Victor Hanescu qualifies for round two in Toronto


Romanian tennis player Victor Hanescu, 54th in the ATP standings, has qualified on Monday for the second round of the Toronto tournament, a tournament with total prizes worth EUR 2.4 M, after defeating Canada’s Milos Raonic (217th ATP), score 6-4, 6-4. Hanescu defeated the winner of the wild card after 70 minutes. This was Hanescu’s first victory after abandoning the game against Daniel Brands in round three at Wimbledon on June 25. Since then he took part in three tournaments – Hamburg, Stuttgart and Gstaad – this being his fourth. Hanescu will receive 45 ATP points and USD 16,250. Hanescu will next play against the winner of the game that pits Austria’s Jurgen Melzer (15th ATP, top seed 13) against Canada’s Peter Polanski (207th ATP, winner of the wild card).


League I: Sportul Studentesc 4 – Gloria Bistrita 2


Sportul Studentesc defeated Gloria Bistrita at home on Monday, score 4-2 (1-2 at half time), in the last game of leg 3. The victory gave Sportul its first points this season. Curelea (5th and 68th minutes), Balan (49th minute) and Varga (91st minute) scored for Sportul, while Predescu (2nd minute) and Moraes (35th minute) scored for Bistrita. Predescu’s 14-metre shot put the visitors ahead in the 2nd minute. Approximately 1,000 fans were in the stands.

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BUSINESS

NEWS IN BRIEF

EximBank’s activity on behalf of the state tripled at the end of June, at over RON 800 M


EximBank’s total exposure on the name and account activity segment amounted, at the end of June 2010, to almost RON 832 M, three times the values reported on June 30, 2009. Guarantees account for the largest share of these results, as their volume rose almost four times between June 2009 and June 2010. Ionut Costea, the president of EximBank, stated, in a release, that the largest portion in the guarantees portfolio goes to specific products granted to priority domains (62.4 per cent out of the total of guarantees in balance by June 30, 2010), followed by guarantees for export (20.8 pc) and those for SMEs (12.5 pc). The bank official added that the high uncertainty level on external markets determined exporters to look for special instruments to reduce specific risks, which led to a growth in the insurance activity of EximBank by 133 per cent compared to June 30, 2009.


Population’s overdue loans to banks double compared to June 2009


Romanians’ overdue loans to banks amount to a quarter of the GDP of Moldova, Money.ro informs. To give the exact figures, at the end of June, Romanians owed RON 4.46 bln to financial institutions, almost 7 per cent above the preceding month’s figures. Compared to June 2009, overdue loans rose 2.4 times. Data published by the National Bank of Romania also indicate that the number of defaulters rose, in June, at 714,000 people. This could be a historical maximum, given that fewer credits were granted in preceding years. Data supplied by the Central Bank also indicate that most of the remainders – RON 3.3 bln – were overdue by more than 3 months. On the other hand, banks, in turn, seem to have run out of patience: the amount of credits sent in for execution rose to RON 839 M, 12 times above the June 2009 level.


Provident clients may also choose account loan option


Clients of Provident Financial Romania (PFR) may choose to receive and to repay new loans by bank transfer, PFR general manager Russell Johnsen told a press conference yesterday. Those who do not opt for the home-delivery service receive the money by bank transfer in a maximum of 10 days after signing the contract. On the other hand, the number of PFR clients will rise by approximately 170 per cent by the end of 2013, at approximately 500,000, from over 187,000 reported on June 30, Johnsen further stated. “We expect to reach the threshold of 200,000 by December 2010,” Johnsen said. He added that Provident Financial would continue to invest in the expansion of the local business, and the company is estimated to have about 1,000 employees by 2013, from the 570 it has at present. According to data from the company, the total amount of Provident Financial’s investments in Romania surpassed EUR 65 M.


Unicredit Tiriac Bank proposes bank involvement in management of European funds


Unicredit Tiriac Bank considers that banks should get involved in the management of European funds by partially taking over the prerogatives of intermediary bodies, in line with the models applied in some member states such as Italy, Greece and Portugal. “The main advantage would be that the approved projects will be bankable. After the elimination of the restriction of guaranteeing the financed assets, the main problem remains bankability,” Marius Radu, European funds specialist within Unicredit Tiriac Bank, stated in a press conference yesterday, being quoted by Mediafax. Unicredit Tiriac Bank launched specialized products in 2009 and has financed until now approximately 100 European projects with more than RON 200 M, currently analyzing projects whose value surpasses RON 645 M.


First all inclusive resort on Romanian seaside – 4 years from now


In 4 years’ time the Romanian seaside will have its first all inclusive resort, Realitatea.net informs. The resort will be called ‘Terra’ and will be built between Costinesti and Olimp. The resort will have two 13-storey hotels, 40 villas, a heliport and mini-golf courses. The resort will also have a modern treatment centre for rest and recovery.

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