Hyrra Features the Latest and Most Talked-About Topstories News and Headlines from Around the World.
⎯ 《 Hyrra • Com 》
Legend Slipper a mentor to Australia's young props
Legend Slipper a mentor to Australia's young props
James Slipper will etch his name in the annals of Australian rugby against Fiji this weekend when he becomes only the third Wallaby to appear...
2023-09-16 09:57
Florida man missing in ocean for over 24 hours found alive miles off shore on August 5
Florida man missing in ocean for over 24 hours found alive miles off shore on August 5
Charles Gregory, 25, was last seen on Thursday, August 3 riding a 12-foot jon boat out of the Lighthouse Boat Ramp in St Augustine, Florida
2023-08-06 15:19
Championship clubs’ wage bill exceeds revenue for fifth year running – report
Championship clubs’ wage bill exceeds revenue for fifth year running – report
Championship clubs’ spending on wages exceeded revenue for a fifth successive season in 2021-22, according to a new report. Deloitte’s Annual Review of Football Finance found second-tier teams’ combined wages-to-revenue ratio was an astonishing 108 per cent, as clubs continued to chase the dream of reaching the Premier League. Nottingham Forest, who ultimately succeeded in reaching the top flight at the end of the 2021-22 season via the play-offs, spent almost 200 per cent more on wages than they earned in revenue – £58.6million compared to £29.3m – in their promotion year, according to figures in the Deloitte report. Championship clubs’ total revenue was up 13 per cent in 2021-22 compared to the season before, reaching £676million. However, while wage costs fell for a second consecutive year, they remained higher than revenue for the fifth season in a row. Tim Bridge, lead partner in Deloitte’s Sports Business Group, said: “The glamour of Premier League promotion is spearheading the continual drive for investment in Championship clubs, often in an unsustainable manner, driving some clubs to overstretch financially. “It is critical that long-term decisions are now made by clubs’ owners and, with the introduction of the independent regulator, focus will turn to improving the distribution mechanism of revenues between the leagues and clubs. “This must be accompanied by appropriate governance and financial controls to ensure that any proposed solution is suitable and sustainable.” EFL chairman Rick Parry believes the disparity in revenue between the Premier League and the Championship has created a “cliff edge” between the leagues, and argues parachute payments are also fuelling inequality within the Championship. Deloitte’s report underlines the value to clubs of reaching the Premier League. Relative to the 2022-23 season, it says revenue from broadcasters is expected to provide a minimum uplift of more than £90m for Luton, approximately £84m for Sheffield United and £54m for Burnley, with both of those two clubs in receipt of parachute payments whilst participating in the Championship. The report said that should a club suffer immediate relegation, assuming they are not in receipt of parachute payments at that point, under existing arrangements the parachute payments from the Premier League will continue to provide an uplift over the following two seasons of at least £80m. For a Championship club not otherwise in receipt of parachute payments, the value of promotion will be at least £170m across the next three seasons and, if a club survives their first season in the Premier League, they will be entitled to three seasons of parachute payments and the incremental revenue will be over £290m across five years. Discussions over a new financial settlement between the two leagues are ongoing. The Government said in its White Paper on football governance that a new regulator will be given backstop powers to impose a settlement if one cannot be agreed, but it is unlikely the regulator will be up and running until 2024-25 at the earliest. Parry accepts that reform of the distribution package has to go hand in hand with cost control measures, which are also part of the ongoing ‘New Deal For Football’ talks between the EFL, the Premier League and the Football Association. What we really want to see in the English game is a variety and diversity of clubs coming through the league at different points in time Tim Bridge, lead partner in Deloitte’s Sports Business Group Bridge believes it is vital for the leagues to see the common ground they share to resolve the dispute on distribution. “The point I would make is that the longevity of the Premier League and the ability for clubs to move up and down between the Premier League and the Championship and to achieve variety in those clubs is a good thing for the overall brand and the marketing position of English football,” he said. “Part of the beauty of the Premier League is always that any team can beat any other team. And so at any one point in time, what we really want to see in the English game is a variety and diversity of clubs coming through the league at different points in time, bringing new storylines, bringing new faces to the league because frankly that keeps it fresh.” Wage spending in the Premier League in 2021-22 grew by £192m compared to the previous season, but this was outpaced by a £586m increase in revenue, meaning the top flight’s wages-to-revenue ratio fell for the second consecutive season from 71 per cent to 67 per cent. That is still a significantly higher ratio than the average of the three seasons pre-pandemic up to 2018-19 – 58 per cent. Across Europe’s ‘Big Five’ leagues as a whole however, revenue growth was outpaced by wages, which stood at 12.3 billion euros (£10.5bn). This comes at a time when the continent’s football governing body UEFA has introduced new financial sustainability regulations, including a cost control rule which by 2025-26 will limit a club’s spending on wages, transfer fees and other player and coach costs at 70 per cent of turnover. UEFA could go even further in the future, with president Aleksander Ceferin raising the possibility of a Europe-wide salary cap in an interview in April.
2023-06-15 07:29
Live updates | Israel deepens military assault in the northern Gaza Strip
Live updates | Israel deepens military assault in the northern Gaza Strip
Israel expanded its military assault deeper into the northern Gaza Strip as the U.N. and medical staff expressed fears over airstrikes hitting closer to hospitals, where Palestinians have sought shelter alongside the wounded
2023-10-30 22:54
Bangladesh beauty queen brings 'dawn of hope' for trans women
Bangladesh beauty queen brings 'dawn of hope' for trans women
Bangladeshi trans woman Yasin Ahmed Sokal always wanted the freedom to dress like her sisters, but never in her wildest dreams did she imagine being showered with applause at a...
2023-11-23 12:20
Typhoon Mawar lashes Guam, US island territory known as 'Where America's Day Begins'
Typhoon Mawar lashes Guam, US island territory known as 'Where America's Day Begins'
The powerful Typhoon Mawar lashing Guam has interrupted travel and tropical island life for residents and U.S. military members in one of the nation's most remote territories
2023-05-25 06:23
Vegas Golden Knights vs. Florida Panthers: Stanley Cup Final Game 4 preview
Vegas Golden Knights vs. Florida Panthers: Stanley Cup Final Game 4 preview
The Florida Panthers got on the board in Game 3 of the Stanley Cup Final, but will the Vegas Golden Knights strike back in Game 4?This Stanley Cup Final series started with one of the most dominant home performances for a finals team.The Vegas Golden Knights were nothing less than spectacula...
2023-06-10 23:51
Singapore Gives Nod to Three to Compete in Presidential Election
Singapore Gives Nod to Three to Compete in Presidential Election
Singapore’s elections department said that three candidates will run for president in a vote on Sept. 1 after
2023-08-22 12:56
Desperately needed aid piles up outside Gaza as WHO warns water is running out
Desperately needed aid piles up outside Gaza as WHO warns water is running out
Vital humanitarian aid is piling up at the shuttered Gaza border, despite diplomatic efforts to open a corridor with Egypt, as the World Health Organization warned that water is running out for hundreds of thousands of displaced Palestinians in the bombarded territory.
2023-10-17 14:48
Woman finds hidden room in her house full of creepy paintings
Woman finds hidden room in her house full of creepy paintings
A woman has gone viral on TikTok for sharing a hidden room she found in her house. On October 23, TikTok user @bigbrah1 uploaded a video of her opening the door to the secret room she found in her house. The clip shows the walls painted in pink, green, and white. There were also butterfly drawings, hand prints, and paintings that looked as though they were drawn by children. Whilst you may already consider the above description to be creepy, what really freaked viewers out was the words "Love Shack" written on the wall. Many expressed their eerie feelings in the comments. One user wrote: "Absolute weirdest vibes... love shack? The feet?" "Is this adorable or terrifying?" Asked another. @bigbrah1 what do i do ? #horror#horrortok#hiddenroom#hiddenroominmyhouse#halloween#scary#90s#analoghorror#fyp#scarytiktoks Many others told the user to alert the authorities to see if there was something worth investigating. "The way I was smiling then immediately my face dropped and I became physically ill" a user commented, sharing the sentiments of most users. In an update video, the user shared that she had converted it into a storage room and thrown out the drawings that were found in the room. She did, however, share that that room could have only been for children, by attempting to stand up in the room and showing that she had to hunch. However, there has since been no further updates or explanations about the room. Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-11-02 17:46
El Salvador ends football tournament early after deadly stampede
El Salvador ends football tournament early after deadly stampede
Citing safety concerns, El Salvador's football authorities announced Wednesday they were canceling the country's Clausura national tournament following a stampede at a game over...
2023-05-25 09:55
Omid Scobie may have slammed William and Kate, but it was his comments on another Royal that really got fans fuming
Omid Scobie may have slammed William and Kate, but it was his comments on another Royal that really got fans fuming
Omid Scobie, a former cheerleader for Meghan Markle, attacks the Royal family members in his new book 'Endgame'
2023-11-26 15:29