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Why Africa’s young people are the real winners at the CAF Awards

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Almost nowhere on earth is football followed as passionately as in Africa. It is loved by Africans from all walks of life across the continent. This week, I am giving the opening address at the Confederation of African Football (CAF) Awards in Accra, Ghana. This has afforded me a good opportunity to reflect on Africa’s relationship with football and how it can help deliver a brighter future for our young people.

I believe we need only look to the Liberian presidential election for a fine example of the transformative power of football. Against the odds, football legend and opposition candidate, George Weah was victorious and today, is President-elect of Liberia, one of Africa’s most popular countries. Weah’s perseverance in the face of an initial unsuccessful attempt is a testament to the endurance football teaches.

Before he was a Presidential candidate, of course, Mr. Weah was an outstanding footballer whose career spanned great clubs like Paris Saint Germain, Marseille, Monaco and even English Premiership giants like Chelsea and Manchester City.

A striker of fearsome reputation, Weah has been described as the greatest footballer to emerge from Africa, confirmed in 1995 when he won both FIFA Footballer of the Year and the highly valued Ballon d’Or. Over a three year period, in 1989, 1995 and 1996, he claimed the top prize of African Footballer of the year, crowning that in 1996 with the African Footballer of the Century award.

The power of a footballer entering frontline politics cannot be overstated, for two reasons. First, it shows that politics is accessible to all, to the ambitious individual who dares envisage a way he or she can contribute to their country’s future. Second, it makes politics interesting and relevant to young people. If our continent is ever to reach its full potential, then it is our young people who are going to deliver it.

Africa’s youth are already shaping today and redefining tomorrow with their creativity, passion and innovation. I believe that the greatest gift that our generation can give them is to continue to provide platforms for aspiration, recognition and inspiration. But the idea of ‘opportunity’ or of ‘potential’ can be an abstract enough concept to adults never mind the younger generation, many of whom have been overlooked by the decisions of governments not to allow funds raised from investment to trickle down into stronger education systems, apprenticeships and advancement.

In football, the notion of opportunity is far from abstract. Football has always been a unifying factor and a great tool for promoting integration and development. But more than that, it is a global currency, a language spoken in the United Kingdom as much as in Brazil, China and Nigeria. And in football we see, most tangibly, the bold young role models and ambassadors of Africa who are inspiring others and have set the pace in their pursuit of excellence.

Of course, we must be careful not to set false expectations. Football is affected by the same attrition rate that applies to other sports in that very many are called but few ultimately make the dizzy heights that many dream of.  President Barack Obama pointed out that youth in the United States may have good role models for economic empowerment and entrepreneurship in the music industry, but that it was unlikely that each child would grow up ‘to be the next Lil Wayne’, so children must also work hard in school. The same can be said of football: not all of our children will grow up to be the next George Weah, Abedi Pele,  Dider Drogba or Jay Jay Okocha, but these role models still offer young people a concrete example of the hard work that goes into the pursuit of excellence.

The example of football goes far beyond the 22 men or women who stand on the pitch for 90 minutes each week. I know this because I have seen the extraordinary depth of support services that go into creating the finished product of a football match, and the transformative role they play when properly looked after.

Over the last year, Aiteo has been supporting sports development in Nigeria, leading a partnership agreement with the Nigerian Football Federation (NFF) to provide financial Support to the technical team of Nigeria’s national team for the next five years. In the months since, Nigeria has won more games than they have lost and has qualified for the 2018 FIFA World Cup. Aiteo has also made significant contributions towards developing the local football by underwriting the costs associated with organising the Federation Cup, Nigeria’s equivalent of the English FA Cup, helping smaller teams grow and improve on the national stage.

With coaching roles, training roles, marketing, advertising, commercial partnerships and merchandising roles all part of the infrastructure of a newly-global Nigerian football team, no child need only grow up to be the next Alex Iwobi if they are to benefit from the transformative power of football. If a footballer can become the head of a nation, they why not a football coach, a medic or a marketing executive?

So, when I stand on the stage this week to open the CAF Awards, the winners will be very clear to me before the awards have even been handed out: the true winners will be every young person who sees that event; sees that the eyes of the world are on Africa and that a future for each one of them exists in which they can go beyond their school, their hobbies, their parents, and truly embrace their potential. Because the way we conceive the future sculpts the present.

 

By Benedict Peters, Executive vice president of the Aiteo Group

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German Coach, Labbadia Named New Head Coach of Super Eagles

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German tactician Bruno Labbadia

 

The Nigeria Football Federation (NFF) has confirmed the appointment of German tactician Bruno Labbadia as the new Head Coach of Nigeria’s Senior Men’s National Team, the Super Eagles.

This development was announced by the NFF General Secretary, Dr. Mohammed Sanusi, in the early hours of Tuesday, following the approval of the NFF Executive Committee based on a recommendation from its Technical and Development Sub-Committee. Labbadia’s appointment takes immediate effect.

Born on 8th February 1966 in Darmstadt, Germany, Labbadia enjoyed a distinguished playing career, earning two caps for the German national team. His club career included stints at prominent clubs such as Darmstadt 98, Hamburger SV, FC Kaiserslautern, Bayern Munich, FC Cologne, Werder Bremen, Arminia Bielefeld, and Karlsruher SC. Notably, he won the Bundesliga title with Bayern Munich in 1994.

Labbadia’s coaching career has seen him manage top-tier clubs such as Hertha Berlin, VfB Stuttgart, VfL Wolfsburg, Hamburger SV, and Bayer Leverkusen, among others. He holds a UEFA Pro License and is well-regarded for his tactical acumen.

With his appointment, Labbadia becomes the sixth German to lead the Super Eagles, following in the footsteps of Karl-Heinz Marotzke, Gottlieb Göller, Manfred Höner, Berti Vogts, and Gernot Rohr. Höner notably guided the Super Eagles to a runner-up finish at the 1988 Africa Cup of Nations, while Rohr qualified Nigeria for the 2018 FIFA World Cup in Russia.

Labbadia’s immediate task is to prepare the Super Eagles for their upcoming 2025 Africa Cup of Nations (AFCON) qualifying matches.

Nigeria will face Benin Republic on Saturday, 7th September in Uyo, and Rwanda on Tuesday, 10th September in Kigali. The team will also play four additional qualifying matches in October and November as they aim to secure a spot in the 2025 AFCON, scheduled to be held from December 21, 2025, to January 18, 2026.

The Super Eagles, placed in Group D, will face familiar foes Benin Republic, who recently defeated Nigeria in the 2026 World Cup qualifiers. The draw for the AFCON qualifiers, held in Johannesburg, South Africa, last month, also sees Nigeria taking on Libya and Rwanda, both of whom are also part of the Super Eagles’ group for the 2026 World Cup qualifiers set to be hosted in the USA, Canada, and Mexico.

Labbadia’s appointment comes at a crucial time as the Super Eagles look to regain their dominance on the African continent and secure qualification for both the AFCON and the World Cup.

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Finidi George Appointed as Technical Manager for Rivers United

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Finidi George has stepped into a new role as the technical manager for NPFL side, Rivers United, following his resignation as coach of the Super Eagles.

During his brief tenure with the Eagles, George’s 1-1 draw against South Africa in Uyo and a 2-1 loss to Benin Republic in Abidjan cast doubts on Nigeria’s World Cup qualification, prompting calls from fans for his dismissal.

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Nevertheless, Rivers United, the 2021-22 champions, expressed optimism in a statement on Wednesday via their official handle about having the former Eagles international manage their team.

“Finidi brings a wealth of experience and expertise to our team, having had a distinguished playing career spanning over fifteen years,” the statement read.

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Dr. Okey Kpalukwu, General Manager of Rivers United FC, welcomed George, stating, “We are delighted to have Finidi George join our team. His appointment marks a new chapter in our club’s history, and we are committed to working together to achieve success.”

Expressing his gratitude to the club, an elated George remarked, “I am honored to have this opportunity, and I thank the Sports Commissioner, the General Manager, and the supporters for their confidence in me. I am committed to working hard and making the team win.”

 

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US Fund Oaktree ‘Takes Over Ownership’ Of Inter Milan

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Inter Milan’s Argentine forward #10 Lautaro Martinez lifts the trophy with teammates during a ceremony for the Italian Champions following the Italian Serie A football match between Inter Milan and Lazio in Milan, on May 19, 2024. Inter celebrates his 20th Scudetto. (Photo by Marco BERTORELLO / AFP)

Inter Milan were taken over by US fund Oaktree on Wednesday after the Serie A champions’ outgoing owners Suning missed a deadline to repay a debt worth hundred of millions of euros.

In a statement, Oaktree announced they had “assumed control” of Inter after the non-repayment of a “three-year loan to Inter Milan’s holding companies that matured on 21 May 2024 with a total balance due of approximately 395 million euros ($428 million)”.

Chinese conglomerate Suning have relinquished control of Inter to Oaktree three days after the team were officially crowned Italian champions for the 20th time.

Suning borrowed 275 million euros at over 12 percent interest three years ago to pay staff and players as the Covid-19 pandemic ravaged the finances of clubs across Europe, putting up their controlling stake in the club as collateral.

“Oaktree is dedicated to achieving the best outcome for the long-term prosperity of Inter Milan, with an initial focus on operational and financial stability for the Club and its stakeholders,” Oaktree continued.

Inter became a powerful force at home and abroad after Suning acquired the club in 2016, with seven trophies including two Serie A titles and two European finals.

Simone Inzaghi’s team cruised to this year’s championship, winning the Scudetto with five matches remaining by beating AC Milan in a thrilling local derby.

Oaktree, which manages $192 billion in assets, said they are “committed to working closely with Inter Milan’s current management team, partners, the league and governing bodies to ensure the Club is positioned for success on and off the pitch”.

Inter ended up in the hands of Oaktree in a manner similar to the way another US fund, Elliott Management, took control of their local rivals Milan in 2018.

Elliott became Milan’s owners when Chinese businessman Li Yonghong was unable to repay a loan he had taken out when he bought the club from the late Silvio Berlusconi’s Fininvest the previous year.

 

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