The January signing of Martin Odegaard, left, was, according to reports, made by Real Madrid with one eye on a possible transfer ban. Denis Doyle / Getty
The January signing of Martin Odegaard, left, was, according to reports, made by Real Madrid with one eye on a possible transfer ban. Denis Doyle / Getty

Real Madrid and Atletico deny ‘completely false’ reports of impending transfer ban



European champions Real Madrid and Atletico Madrid have denied reports in the Spanish media that they could be banned from registering new players for a year due to irregularities in the signing of minors.

Spanish radio station Cadena SER reported on Wednesday that both clubs were set to be punished with a similar ban to that handed to Barcelona a year ago.

“The cited information is completely false, as evidenced by the fact the Spanish Football Federation have denied to different media sources that Real Madrid are implicated in any irregularity in the signing of minors,” Real Madrid said in a statement.

The club confirmed in January that Fifa had asked for information pertaining to 51 players in their youth system.

“Real Madrid reiterates that it has always scrupulously complied with Fifa rules on this matter, as the club explained in detail in its statement on January 26,” Real’s statement continued.

Atletico also insisted that they had complied with FIFA’s rules regarding the registration of minors.

COMMENT: Andy Mitten on how the impending Real Madrid and Atletico bans will shake up the summer market

“We have always collaborated with Fifa in all the documentation that they have asked from us,” said a club spokesman.

“We have absolute conviction that we have acted correctly given all the licences have been submitted with the approval of the Madrid Federation and the Spanish Football Federation.”

Fifa refused to provide more information on their investigations when contacted by AFP on Wednesday.

“We are not in a position to comment on any proceedings that are ongoing. No further information can be provided for the time-being,” said a Fifa spokesperson.

Barcelona unsuccessfully appealed the ruling against them to the Court of Arbitration for Sport (CAS), although the appeal did delay the application of the ban until January which allowed them to sign seven players, including Luis Suarez last summer.

The same route of appeal would be open to both last season’s Champions League finalists should any ban be enforced.

Cadena SER also reported that Madrid’s unusually busy January transfer window had been carried out with one eye on a possible ban.

The European champions signed Norwegian prodigy Martin Odegaard, 19-year-old Marco Asensio from Mallorca and Brazilian under-21 international Lucas Silva in January.

Moreover, the club have announced that Porto right-back Danilo will join Madrid in the summer for a fee of 31.5 million euros ($34.2 million, £23 million).

Under Fifa rules the signing of foreign players under the age of 18 is not permitted apart from in three exceptions.

Firstly, that the parents of the player relocate to the country for non-football reasons, that the player is aged between 16 and 18 and the transfer takes place within the European Union or European Economic Area, or that the player lives no further than 100 kilometres from the club’s headquarters.

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Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
Tips on buying property during a pandemic

Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today's market.

While many have been quick to call a market collapse, this simply isn’t what we’re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.

While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar. 

Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.

Attractive investment property can be hard to find amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn’t be an issue.

Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities. 

Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong. 

Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

Graduated from the American University of Sharjah

She is the eldest of three brothers and two sisters

Has helped solve 15 cases of electric shocks

Enjoys travelling, reading and horse riding

 

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Temple numbers

Expected completion: 2022

Height: 24 meters

Ground floor banquet hall: 370 square metres to accommodate about 750 people

Ground floor multipurpose hall: 92 square metres for up to 200 people

First floor main Prayer Hall: 465 square metres to hold 1,500 people at a time

First floor terrace areas: 2,30 square metres  

Temple will be spread over 6,900 square metres

Structure includes two basements, ground and first floor 

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Guns N’ Roses’s last gig before Abu Dhabi was in Hong Kong on November 21. We were there – and here’s what they played, and in what order. You were warned.

  • It’s So Easy
  • Mr Brownstone
  • Chinese Democracy
  • Welcome to the Jungle
  • Double Talkin’ Jive
  • Better
  • Estranged
  • Live and Let Die (Wings cover)
  • Slither (Velvet Revolver cover)
  • Rocket Queen
  • You Could Be Mine
  • Shadow of Your Love
  • Attitude (Misfits cover)
  • Civil War
  • Coma
  • Love Theme from The Godfather (movie cover)
  • Sweet Child O’ Mine
  • Wichita Lineman (Jimmy Webb cover)
  • Wish You Were Here (instrumental Pink Floyd cover)
  • November Rain
  • Black Hole Sun (Soundgarden cover)
  • Knockin’ on Heaven’s Door (Bob Dylan cover)
  • Nightrain

Encore:

  • Patience
  • Don’t Cry
  • The Seeker (The Who cover)
  • Paradise City
At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances