Tottenham's Alli hit by bottle in derby win at Arsenal

Agencies
December 20, 2018

London, Dec 20: Tottenham midfielder Dele Alli was struck on the head by a bottle at Arsenal while helping his team seal a place in the League Cup semifinals with a 2-0 victory in the north London derby on Wednesday.

The plastic bottle was hurled from the stands at the Emirates Stadium about 12 minutes after Alli scored the second goal as Tottenham won at its rival for the first time since 2010.

Alli responded by goading the Arsenal fans, holding up two fingers to signal Tottenham's 2-0 lead in the quarterfinal.

Police in helmets were also brought into the stands at the Emirates Stadium to provide a larger barrier between Tottenham and Arsenal fans.

Alli audaciously lifted the ball over Arsenal goalkeeper Petr Cech in the 59th minute after helping to set up Son Heung-Min's goal in the first half.

Chelsea also advanced to the semifinals on Wednesday with Eden Hazard clinching a 1-0 victory over Bournemouth. Holder Manchester City and third-tier side Burton are also in the last four.

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News Network
March 22,2024

IPL.jpg

The start of the world’s most lucrative cricket tournament in India is presenting investors with another big opportunity to cash in on the sport, months after the world’s most populous nation hosted the Cricket World Cup.

The eight-week long Indian Premier League begins March 22 for its 17th season. Since its inception, the fast-paced cricket tournament has become a corporate juggernaut to rival the National Football League in the US and the English Premier League in value.

Just as October’s Cricket World Cup boosted consumption in India for months, fans are expected to flock to restaurants, pubs and food delivery platforms over the duration of the tournament. This year’s IPL also coincides with general elections that will last for six weeks starting April 19, a period when companies are expecting higher food and drink sales as people flock to rallies and other events.

“There’s going to be a lot of spending,” said Madan Sabnavis, chief economist at Bank of Baroda. “IPL, as well as the election, gives a three-month corridor with enhanced economic activity.”

Stocks in India such as McDonald’s franchise operator Westlife Foodworld Ltd. and peer Sapphire Foods India Ltd. gained ahead of the first match on Friday, as well as hotels and beverage makers. Packaged-food companies could also stand to benefit from the IPL craze, said Sachil Bobade, an analyst at investment firm Dolat Capital Market.

The IPL ecosystem was valued at $11 billion (Rs 91,721 crores) in 2023, including the value of media rights and sponsorships, according to Indian valuation consulting firm D&P Advisory.

The league is also attracting record sums of money from sponsors and broadcasters. Conglomerate Tata Group won the title sponsorship rights of the tournament in January for a record 25 billion rupees ($300 million). Billionaire Mukesh Ambani’s media venture secured the digital streaming rights in 2022 for five years for $2.7 billion, while Walt Disney Co. paid roughly the same for TV rights.

“There was a serious amount of bidding even this year,” said Vinit Karnik, head of entertainment, esports and sports at media agency GroupM South Asia. “I see growth in IPL in double digits year-on-year,” he adds.

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