Serie A approves creation of TV rights media company

first_imgTopics : The allocation of TV rights for 2018-21 disappointed Serie A as there was little change in the final amount from the previous period at a time when the value of TV rights for other major European leagues soared. The 2018-21 rights were awarded before Cristiano Ronaldo arrived at Juventus in the summer of 2018.Italian media report the league has received two offers to join the new media company, with one group — backed by funds CVC, Advent and FSI — reportedly offering 1.5 billion euros for a 10 percent stake. The clubs will have to vote again before outside investors can be formally invited by the league, but the windfall would be significant for teams that have suffered financially during the coronavirus crisis.  Serie A clubs on Wednesday approved the creation of a media firm charged with handling the league’s TV rights, the first step towards a potential opening to private investment into the football league.The decision to create the new company was unanimously approved by the 20 sides currently in Italy’s top flight during an assembly held in Milan, with the main aim to increase revenues from TV rights.Currently Serie A generates 973 million euros (1.1 billion euros) each year from domestic broadcasters and 371 million euros from foreign broadcasters.last_img read more

Where to buy a cafe, house and B & B for under $1 million

first_imgPerfect match? This chapel is for sale. 104-116 Beacon Rd, Tamborine Mountain is listed for $1.95 million.It is described as being an “established business” with “minimal risk”.The property features an open plan chapel, vestry and porte-cochere, two reception centres, a commercial kitchen, four accommodation cottages and water features and fountains.It sprawls over extensive landscaped and manicured lawns, complete with amenities and maintenance sheds, all contained within wrought iron gates and full fencing. A full list of chattels is available. The residence is split in two levels with multiple options.“A lot of B & Bs and accommodation options aren’t child-friendly but it suits families because of the two-bedroom, two-bathroom set up,” he said.The Hossy’s charged $280 per night through Airbnb.“With a quick calculation, if you did the Airbnb and rented the cafe, you are looking at a 11 per cent return projected off the figures we have,” said marketing agent David Jones, of House2Home Real Estate.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North1 hour ago02:37International architect Desmond Brooks selling luxury beach villa21 hours ago“There’s commercial dishwashers, coffee machines — basically if someone wanted it, it’s ready to go, it’s even got the seats and pillows still on the beds.” There’s lower level living, while upstairs is suitable for an Airbnb. The cafe and commercial kitchen is ready to go.There’s also a two-bedroom residence upstairs, which can be used as an Airbnb or B & B.Vendor David Hossy bought the property 18 months ago.“We originally set it up for a children’s brand we were developing,” Mr Hossy said.“It was all centred around the cafe, and focused on proactive parenting and parental skills.”Mr Hossy also ran family friendly short-term accommodation upstairs. A busy Sunday afternoon on Gallery Walk. The property also features four rooms and a full bathroom downstairs, two large undercover dining/entertainment areas, a large function room, children’s play area and cubby house, and eight car parks.It’s not the only hinterland property on the market offering immediate return on investment.A purpose-built wedding venue is listed for $1.95 million at 104-116 Beacon Rd, and currently offers a 10 per cent return and forward bookings, according to its listing. 96 Eagle Heights Rd, Tamborine Mountain is on the market for $950,000.YOU can have your proverbial cake and eat it too at this home which comes with a licenced commercial cafe and kitchen.There’s no better time to tap into Tamborine Mountain’s tourism trade, according to the vendor of the unique residence that comes complete with two business opportunities. The property has a country feel.The property is ideally positioned on the corner of the Gallery Walk tourist strip, where an estimated two million local, interstate and international tourists visit each year.“Someone from Sydney or Melbourne who wanted a tree change would be ideal,” Mr Jones said.Mr Hossy agreed.“It’s a great opportunity for anyone on the mountain for the tourist trade, that’s what attracted us,” he said.“It’s a consistently busy area, school holidays are very popular.”last_img read more

Montigny’s layup lifts Ellsworth girls past MDI in B North prelims

first_img Bio BAR HARBOR — Just when it appeared another regional quarterfinal dream might slip away in inexplicable fashion, Ellsworth’s tried-and-true talisman took control.With just 10.7 seconds remaining in Tuesday’s Northern Maine prelim game against Mount Desert Island, the Ellsworth girls’ basketball team had seen a 10-point fourth-quarter lead evaporate. MDI, which had possession with the game tied at 33, had a chance to take the last shot and overcome a superb second-half effort from the Eagles’ Trinity Montigny for an improbable victory.Inbounding the ball beneath the opposing basket, MDI’s Emily Carter found teammate Elena Alderman with space on the wing. As the Trojans’ sophomore point guard took two steps to the left and dribbled, Montigny saw just enough room to poke the ball free with her right hand.Both players lunged at the ball, but Montigny’s positioning allowed her to corral it and head the other way. Unimpeded as she sprinted toward, there was no stopping Ellsworth’s senior captain from an open layup, a tear-jerking celebration and a win for which the Eagles have been yearning for four years.This is placeholder textThis is placeholder textMontigny’s steal and layup in the dying seconds Tuesday gave Ellsworth a 35-33 win over MDI in the Class B North preliminary round. The basket with 1.2 seconds left ended a streak of three straight prelim defeats for Ellsworth, whose captain is now headed to the quarterfinals for the first time in her career.“It’s a better feeling than anything in the world,” said Montigny, the Big East Conference’s leading scorer and just one of two members of Ellsworth’s 1,000-point club. “I know I’ve had some milestones this year, but this feels better than anything I’ve ever done.”Although Ellsworth opened the scoring on a Sierra Andrews 3-pointer less than two minutes into the first quarter, Olivia Gray responded with a pair of triples of her own to power seventh-ranked MDI (11-8) to a 9-0 run. Yet the Eagles finished the opening quarter on a 3 from Casey Carter before layups from Montigny and Autumn Paul tied the game at 10 early in the second.With both offenses sputtering late in the first half, the two teams headed to the locker room with the score knotted at 14. Yet with Montigny, who had scored just two points in the first half, scoring seven in the third quarter, the 10th-ranked Eagles (11-8) finished the period on an 11-0 run to take a 25-17 lead.MDI, though, would find its rhythm in the fourth. After Ellsworth went up 10 points with six minutes to play, the Trojans got a 3-pointer from Leah Carroll and a pair of clutch layups from Rachelle Swanson to cut the deficit to 33-28. Then, with the Eagles leading 33-30 with just over a minute to play, Emily Carter hit a 3-pointer to tie the game.“We knew that they were going to start hitting some shots at some point,” Ellsworth head coach Andy Pooler said. “Carroll, [Gray] and Carter come out and start hitting those shots. We just had to keep grinding.”For Ellsworth, that grind came as MDI sought the go-ahead basket in the final minute. It began courtesy of Andrews and Kylie Robidoux, who combined for a block on Elizabeth Jones with 52 seconds to play. Andrews then made another clutch defensive play after MDI got the ball back with 18.9 seconds left as she stuck up her arms in the low post to knock a pass headed for a wide-open Jones out of bounds.That play by Andrews set up MDI’s final offensive possession. Although Montigny had too much ground to cover to stop Alderman from catching the inbound pass, her maneuver struck the perfect balance of avoiding contact and ensuring her the best position to win the race to the loose ball.“I didn’t know that I could steal, but I knew a steal would win, so I was just going for it,” Montigny said. “I didn’t want it to be a foul, so it had to be a clean steal.”Cutting right to give herself the proper angle, Montigny laid the ball off the glass and into the basket and immediately started sprinting toward the Ellsworth bench in celebration. No, the game wasn’t technically over, but with MDI having no timeouts and lacking enough time to attempt a proper shot, it might as well have been.“As soon as that ball went through the hoop, I knew it was game over,” Montigny said. “They weren’t going to get a shot off in a second.”Montigny had a game-high 18 points for Ellsworth, which also got six from Sierra Andrews, four from Jocelyn Jordan, three from Carter and two apiece from Paul and Robidoux. Gray had 13 points to lead MDI.The win came six days after Ellsworth concluded its regular season with a 42-35 loss to MDI on the same Bunny Parady Gymnasium floor. That loss was a bitter pill to swallow for the Eagles at the time, but winning this rematch at the horn on Montigny’s career-defining play — and earning a trip to Bangor in the process — was the ultimate panacea.“It’s poetic,” Pooler said. “It’s been three years we’ve been knocked out in the [prelims], and she deserves to go the Cross Center.”In less than 72 hours, Montigny and the Eagles will do so against No. 2 Waterville (17-1), one of Class B’s most complete teams. The Eagles’ quarterfinal matchup with the Panthers is scheduled to tip off at 5 p.m. Friday, Feb. 14.“We’re going to go in as the underdog, but that’s what we did today, and we pulled it out,” Montigny said. “I can’t wait.” Mike MandellMike Mandell is the sports editor at The Ellsworth American and Mount Desert Islander. He began working for The American in August 2016. You can reach him via email at mmandell@ellsworthamerican.com. Latest Posts Hospice volunteers help families navigate grief and find hope – September 12, 2020center_img Latest posts by Mike Mandell (see all) MPA approves golf, XC, field hockey, soccer; football, volleyball moved to spring – September 10, 2020 Ellsworth runners compete in virtual Boston Marathon – September 16, 2020last_img read more