Sports
Club World Cup, World Cup to deliver $62bn global GDP boost- FIFA
The 2026 tournament will kick off on June 11 and conclude with the final on July 19 at MetLife Stadium. U.S. host cities include Atlanta, Dallas, Houston, Kansas City, Miami, Philadelphia, Seattle, and metropolitan areas around Boston, Los Angeles, and San Francisco.
FIFA estimates that its next two flagship summer tournaments – the 2025 Club World Cup and the 2026 World Cup, will generate a staggering $62 billion in global economic impact and $47 billion for the United States.
Business Day reports that the soccer governing body, alongside the World Trade Organization (WTO) Secretariat, unveiled two comprehensive socioeconomic reports highlighting the projected financial and social benefits of hosting the tournaments, both set to be primarily staged in the U.S.
The expanded 32- team Club World Cup, scheduled for June 14 to July 13, 2025, is projected to contribute up to $21.1 billion in global GDP, with $9.6 billion of that within the U.S.
Domestically, the tournament could also generate $17.1 billion in gross output and unlock $3.36 billion in social benefits, while supporting the creation of approximately 105,000 full-time equivalent (FTE) jobs.
FIFA’s revamped Club World Cup is no longer a low-profile exhibition. With Inter Miami and Lionel Messi headlining the opening match against Egyptian giants Al Ahly at Hard Rock Stadium in Miami, the month-long competition is being billed as a major global football event.
The final will take place at MetLife Stadium in New Jersey, with other host cities including Atlanta, Charlotte, Cincinnati, Los Angeles, Orlando, Nashville, Philadelphia, Seattle, and Washington D.C.
World Cup 2026: Global GDP boost and nearly 1 million jobs
Looking ahead to the 2026 FIFA World Cup, which will be co-hosted by the United States, Mexico, and Canada, the economic projections are even more significant.
The tournament is expected to drive up to $40.9 billion in global GDP, while generating $8.28 billion in social benefits.
Globally, nearly 824,000 jobs could be created, with 185,000 of those expected in the U.S. alone. Domestically, the World Cup could bring in $30.5 billion in gross output and $17.2 billion in GDP.
The 2026 tournament will kick off on June 11 and conclude with the final on July 19 at MetLife Stadium. U.S. host cities include Atlanta, Dallas, Houston, Kansas City, Miami, Philadelphia, Seattle, and metropolitan areas around Boston, Los Angeles, and San Francisco.
Matches will also be played in Guadalajara, Mexico City, and Monterrey in Mexico, and Toronto and Vancouver in Canada.
Sports
JUST IN: Falconets defeat Ghana in WAFU B opener
Nigeria’s Falconets began their WAFU B Women’s Cup campaign on a winning note, defeating Ghana’s Black Princesses 3–1 in their opening match on Saturday.
Janet Akeremkowei was the standout performer, scoring twice for Nigeria, while Favour Nkwocha added a third goal to seal the victory.
Akeremkowei opened the scoring from the penalty spot in the 40th minute, setting the tone for a dominant display by the Falconets against their West African rivals.
The win places Nigeria in a strong position as they aim to progress from the group stage and contend for the regional title.
Both teams are expected to return to action later in the week as the tournament continues.
Business
Heineken to end UEFA Champions League sponsorship in 2027
Heineken will end its long-running sponsorship of the UEFA Champions League in August 2027, concluding a partnership that began in 1994 with the Amstel brand before transitioning to the flagship Heineken label in 2005.
The company confirmed the decision on 30 October following a strategic review of its global sponsorship portfolio, citing a renewed emphasis on investments tied closely to measurable value creation and return on spend.
The announcement follows news that AB InBev has entered exclusive negotiations with UEFA’s commercial arm, UC3, to become the global official beer partner across all men’s club competitions from 2027 to 2033.
The agreement, if finalised, would cover premier tournaments including the UEFA Champions League, Europa League, and Conference League.
Heineken stated that its exit from the competition aligns with an evolving global marketing strategy, focused on platforms that deliver high engagement and sustained brand impact.
The brewer confirmed continued investment in major global sports properties, including Formula 1, where it holds both title and sustainability partnerships, and Premier Padel, an international racket sport it joined as global beer partner earlier this month.
The company also extended its partnership with the UEFA Women’s Champions League earlier this month, securing rights for the 2025–2030 cycle.
Meanwhile, Heineken faces mounting pressure from investors to accelerate performance improvements. Industry analysts note that despite challenges faced across the global beer sector, the company has lagged behind market leader AB InBev in cost efficiency and volume momentum.
Investors argue that Heineken’s relatively larger brewery footprint and higher fixed costs in certain regions may require deeper operational changes, including potential facility rationalisation.
CEO Dolf van den Brink, who has led the €39 billion group since 2020, has outlined a dual-focus approach to sharpen efficiency and stabilise volume performance.
As part of its strategy presented earlier this year, Heineken committed to achieving up to €500m in annual gross cost savings through 2030, while concentrating growth initiatives on 17 priority markets and five core global brands.
The company aims to deliver mid-single-digit annual revenue growth with operating profit and earnings per share rising at a faster pace.
Van den Brink said he expects the beer market to return to approximately 1% volume growth annually once near-term macroeconomic pressures and geopolitical turbulence ease, with Heineken targeting performance ahead of the global category.
Sports
Nigerians work hard to make things happen – Arsenal’s Madueke
“My values, my family values, have translated into me becoming the footballer that I am today. I am from Nigeria and my parents are Nigerians”.
Arsenal forward Noni Madueke has praised Nigerians, saying they work hard to make things happen.
He also speaks about his values as someone from the West African nation.
Madueke, who originally hails from Nigeria but plays international football for England, made this statement during an interview to celebrate Black History Month.
When asked what that thing is, which makes him proud but people don’t know about, the winger replied that he really values his Nigerian roots.
“My values, my family values, which have translated into me becoming the footballer that I am today. I am from Nigeria and my parents are Nigerians,” the former Chelsea attacker said.
“Nigerians work hard and we make things happen, so that is something I carried with me, not just in my playing career but in my whole life.”
On who inspired these values in him, Madueke said his father has always been someone he looks up to.“Growing up and just watching my dad work super hard, staying focused, being disciplined and motivated, those attributes definitely inspired me,” he said.
The 23-year-old further spoke about the black footballers who made him believe the game of football was for him, revealing that Arsenal legend Thierry Henry is one of them.
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