June
Rory McIlroy to play first three PGA Tour events when season resumes
World number one Rory McIlroy says he is planning to play in the PGA Tour’s first three tournaments when the season resumes next month after the COVID-19 disruption. The golf calendar has been severely impacted by the novel coronavirus outbreak, which has killed over 291,000 people around the world, with three of the sport’s four majors rescheduled and the British Open cancelled. The Tour’s schedule restarts with the Charles Schwab Challenge (June 11-14 in Fort Worth, Texas) followed by the RBC Heritage (June 18-21 in Hilton Head, South Carolina) and the Travelers Championship (June 25-28 in Cromwell, Connecticut). “Right now, I’m planning to play the first three events,” McIlroy, who is also set to play in a $3 million charity skins match on May 17, told reporters. “I miss the competition...
Toyota predicts 79.5% drop in profit
Agence France-Presse Toyota on Tuesday said it expected a 79.5 percent drop in its annual operating profit this fiscal year as it suffers “significant” fallout from the coronavirus pandemic. The Japanese auto giant declined to give a net profit forecast for the fiscal year to March 2021 but noted that the impact of the crisis on its business was “wide-ranging, significant and serious”. The company now expects an annual operating profit of 500 billion yen ($4.6 billion), down 79.5 percent from the 2.44 trillion yen logged in the past year to March. Toyota forecast a near-20 percent drop in annual sales to 24 trillion yen, compared with 29.93 trillion yen achieved in the past fiscal year. The company’s net profit for the past year to March came to 2.076 trillion yen, up 10.3 percent on the y...
Will Premier League with no fans be worth the wait?
The Premier League is adamant that it can overcome huge logistical challenges to get players back on the pitch during the coronavirus crisis but has long since accepted there will be no fans in the stadiums. English Football Association chairman Greg Clarke became the latest senior figure to admit this week that social-distancing guidelines make it impossible for supporters to congregate in stadiums “any time soon”. The drive behind the Premier League’s “Project Restart” is the attempt to avoid having to pay back millions in TV revenue. Clubs could reportedly miss out on £762 million ($946 million) for failing to complete this season alone. According to UEFA’s latest European Club Footballing Landscape report, just 13 percent of the Premier League’s revenue comes from gate receipts. Englan...
La Liga congratulates Bundesliga ahead football league return
The Spanish La Liga has congratulated Germany’s Bundesliga for announcing its imminent return as Spain’s top-flight stepped up its own comeback preparations. The Bundesliga was given the green light to resume later this month when chancellor Angela Merkel made the announcement during a news conference on Wednesday. Strict testing and matchday procedures will be put in place by the German government, with football seemingly set to resume on May 15 having been paused in mid-March. LaLiga outlined its own plan for a staggered return to training on Monday, with teams set to begin individual work this week before gradually moving to group sessions, the ultimate aim being to re-commence the 2019-20 season in June. Spanish clubs began testing players for COVID-19 on Tuesday and LaLiga sees the Bu...
