International Football
Ronaldo faces $1B lawsuit
Portuguese football star Cristiano Ronaldo has been hit with class-action lawsuit seeking at least $1 billion in damages for his role in promoting cryptocurrency-related “non-fungible tokens,” or NFTs, issued by the beleaguered cryptocurrency exchange Binance.
The lawsuit filed in federal court in the Southern District of Florida Monday alleges that Ronaldo’s promotion of Binance was “deceptive and unlawful.” Binance’s partnership with high-profile figures like Ronaldo, the plaintiffs claim, led them into costly and unsafe investments.
“Evidence now reveals that Binance’s fraud was only able to reach such heights through the offer and sale of unregistered securities, with the willing help and assistance of some of the wealthiest, powerful and recognized organizations and celebrities across the globe—just like Defendant Ronaldo,” the suit reads.
Representatives for Ronaldo and Binance, the world’s largest cryptocurrency exchange, did not immediately return requests for comment from The Associated Press.
Ronaldo launched his inaugural NFT “CR7” collection with Binance in November of last year, ahead of the 2022 World Cup. The NFTs — which had starting prices ranging from the equivalent of about $77 to $10,000 — featured seven animated statues depicting Ronaldo from iconic moments in his life, from bicycle-kick goals to his childhood in Portugal.
Monday’s suit says that the promotional efforts of Ronaldo’s Binance partnership were “incredibly successful” — alleging a 500% increase in online searches using the keyword “Binance” after the football star’s NFTs was announced. The collection’s premium-level NFTs sold out within the first week, the suit claims.
Ronaldo has since continued to promote Binance on his official website and social media platforms. Most recently, on X (the platform formerly known as Twitter) Ronaldo reposted a Binance video and wrote that he was “Cooking something up” with the crypto exchange on Tuesday.
NFTs are ordinary digital images with an attached version number that have been added to a cryptocurrency blockchain, a process designed to make them “unique” collectibles. NFTs enjoyed a brief boom, but have since largely collapsed in value as the crypto industry has been marred by scandals and market meltdowns.
Over the summer, Binance was accused of operating as an unregistered securities exchange and violating a slew of U.S. securities laws in a lawsuit from regulators. The crypto exchange agreed last week to pay a roughly $4 billion settlement and its founder Changpeng Zhao stepped down as CEO and pleaded guilty to a felony related to his failure to prevent money laundering on the platform.
This week’s lawsuit against Ronaldo isn’t the first time that a celebrity has faced litigation over crypto promotions. Last year, a host of Hollywood and sports stars — including Larry David and Tom Brady — were named as defendants in a class-action suit against FTX, which was the second-largest crypto exchange before it collapsed in November 2022. The suit argued that the celebrities’ status made them culpable for promoting FTX’s failed business model.
Ronaldo is one of the most recognizable and wealthiest athletes in the world. He leads his home country Portugal’s national team and has played for the Spanish team Real Madrid, the Italian club Juventus, and Manchester United in England. He now plays for the Saudi Arabian professional team Al-Nassr.
–AP
International Football
Portugal call up same player named in England Under-18 squad
Wolverhampton Wanderers forward Mateus Mane has become hot property after Portugal named the 17-year-old in their Under-18 squad on Friday, one day after England included him in their squad.
Mane was called up for a second successive England youth camp by coach Liam Bramley before the team travel to Marbella for a four-team tournament this month.
Mane is eligible for both teams having played for the Portugal Under-17 side last season. As the Under-18 team is a non-UEFA age group, both nations are entitled to call the player up.
He made his England international debut last month against the Portugal Under-18 side who have named Mane in their squad for a four-nation tournament this month.
With both tournaments running concurrently, Mane can only play for one team and Wolves and England confirmed he would feature in Bramley’s side.
Reuters has contacted Portugal’s football association for clarification.
While players with multiple nationalities have played for more than one country if they are eligible, they are not allowed to switch allegiances at senior level – unless they have played only in friendly matches for the first country.
-Reuters
International Football
Soon Cisse ceases to be Senegal’s Coach
After 107 matches spanning nine years, Aliou Cisse will not have his contract renewed as Senegal coach, officials confirmed on Wednesday. Of the 107 matches, Cisse’s team won 70, drew 24 and lost 13.
But the impressive scorecard is not enough to impress his employers.
Thus, the end beckons for Cisse’s successful nine-year spell in charge of the side that included a first Africa Cup of Nations title and two World Cup qualifications.
He had been under increasing pressure after Senegal’s surprise last 16 exit at the 2023 Cup of Nations when they lost on penalties to hosts Cote d’Ivoire.
Senegal are unbeaten in six matches since then, but home draws with the Democratic Republic of Congo and Burkina Faso, and criticism from certain quarters over their style of play, made up the mind of the country’s sports ministry, who fund the salary of the national team coach, that a change was needed.
“The FSF would like to thank Aliou Cisse for his good collaboration and his brilliant results at the head of the various national selections that he has managed since his arrival in 2011 and wish him every success for the future,” the Senegalese Football Federation (FSF) said in a statement.
FSF added Cisse’s exit stemmed from a failure to fulfil the targets in his last contract, which expired at the end of August, which included victory at the 2023 Cup of Nations and reaching the quarter-finals of the 2022 World Cup.
They also said the “regression of our national team in the FIFA rankings and the risk of disaffection between our national team and the Senegalese (public)” had played a role.
The FSF will appoint an interim technical team to lead the side in Cup of Nations qualifiers against Malawi at home on Oct. 11 and away four days later.
Cisse, 48, was captain of Senegal when they reached the quarter-finals of the 2002 World Cup with what is heralded as a golden generation of players.
He briefly had a spell as caretaker coach of the national team in 2012, but took over full time three years later.
He led Senegal to 2018 and 2022 World Cup qualification, making the last 16 in the latter before losing to England. They were beaten in the final of the 2019 Cup of Nations by Algeria.
The side made up for that disappointment when they beat Egypt in the final two years later to be crowned African champions for the first time.
International Football
Why FIFA banned Samuel Eto’o
Always in the news for bad reasons, Samuel Eto’o has again made global headlines. The FIFA Disciplinary Committee has banned the former striker and the current president of the Cameroon Football Federation.
He is banned from attending Cameroon’s matches for the next six months for violating conduct rules during the recent U-20 Women’s World Cup, where his national team faced Brazil in the round of 16.
According to FIFA’s Disciplinary Committee, Eto’o was found to have breached articles 13 (“Offensive behaviour and violations of fair play principles”) and 14 (“Misconduct of players and officials”) of FIFA’s Disciplinary Code.
The sanction stems specifically from the match between Brazil and Cameroon, held on September 11 in Bogotá, Colombia. As a result, Eto’o will be prohibited from attending any matches involving Cameroon’s national teams, both male and female, across all age groups.
“Mr Eto’o has been notified today, the date on which the sanction comes into force,” stated the FIFA press release.
This is not the first time Eto’o has faced controversy. He previously drew attention for his behavior towards players and national team coach Marc Brys, whom he allegedly threatened in front of cameras if his directives were not followed.
During the Qatar World Cup, the former Real Madrid, Mallorca, and Barcelona player made headlines again after assaulting a fan who filmed him outside a stadium after a match.
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