Manchester United's confidence returning, says Van Gaal after win at Derby

January 30, 2016

Derby, Jan 30: Manchester United manager Louis van Gaal lived to fight another day on Friday and said he would celebrate a confidence-boosting FA Cup win at Derby County with a bottle of wine provided by executive vice-chairman Ed Woodward.

Manchester

All eyes were on experienced Dutchman Van Gaal ahead of the fourth-round clash at Championship (second-tier) side Derby after mounting speculation that he faced the sack if they lost.

Clinical finishes from Wayne Rooney, Daley Blind and Juan Mata and some electrifying wing play from Anthony Martial lifted the gloom, however, and a well-deserved 3-1 win kept alive United's hopes of a first Cup triumph since 2004.

"I will go back home and wine will be ready. An expensive wine. It is from Ed Woodward," former Barcelona and Bayern Munich coach Van Gaal, who on Thursday accused the media of "sacking" him three times already this season, told reporters. "I liked the performance in the first half, it had a lot of confidence and that is back which is very important. "The second half was even better, we created a lot of chances and we scored goals. But also we created more chances to score more goals. I am a very happy coach."

Van Gaal's side have managed only 12 Premier League goals at home this season and fans have become increasingly disgruntled by the style of football being produced.

A turgid 1-0 home defeat by Southampton last weekend left United 10 points adrift of leaders Leicester City and five behind fourth-placed Tottenham Hotspur, who occupy the last spot that qualifies for the Champions League.

With former Chelsea boss Jose Mourinho favourite to replace Van Gaal, should the axe fall, the pressure has begun to tell on the 64-year-old who said before kickoff on Friday that it had been hard to enjoy his job in recent weeks. What was clear on Friday, though, was that the players were still giving 100 percent for the cause.

Left-winger Martial was a threat all night, creating numerous chances, while Rooney's opening goal was a cracker. "I think in the first 20 minutes (Martial) was very bad. But after that he was fantastic," Van Gaal said.

"I am very happy that he is a Manchester United player because I think he shall be a great player for Manchester United for a long time." Van Gaal also praised the 5,000 United fans who cheered the team on, albeit with his tongue firmly in his cheek.

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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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