Alexis Sanchez’s £500,000-a-week contract with Manchester United has been terminated by mutual consent, reports mirror.co.uk.
Sanchez, one of the biggest flops in United’s history following his January 2018 switch from Arsenal, is now free to join Inter Milan.
United are expected to confirm their decision to rip up Sanchez’s contract today.
The 31-year-old forward’s season-long loan spell at Inter was due to expire today, but the termination of his deal with United – which had two years to run – means he is now a free agent.
Chile star Sanchez will have to take a considerable pay cut to facilitate his move to Inter.
The Italian club set to pay less than half of what he was due under the terms of the final two years of his United contract.
Sanchez joined United when Reds beat off interest from local rivals Manchester City to sign him from Arsenal in a swap deal that saw Henrikh Mkhitaryan go the other way.
United made Sanchez the Premier League’s highest-paid player and handed him the club’s iconic No.7 shirt.
But he was a major let-down, scoring just five goals in 45 appearances.
United have been desperate to get Sanchez off their books, liable to the tune of almost £55million in the coming two years if the Chilean had returned to Old Trafford.
Instead, United have elected to take a hit now, foregoing a fee and paying up Sanchez to cancel his contract.
That figure is unlikely to become known until United’s next set of end-of-year accounts.
Sanchez was named on the Inter bench against Getafe in Gelsenkirchen last night.
Football Legend, Diego Maradona Dies At 60 Following Heart Attack
Argentina and Napoli legend, Diego Maradona has passed away at the age of 60 following a heart attack.
The Gimnasia coach had been hospitalised at the start of November, days after celebrating the landmark birthday, after complaining of low spirits and fatigue.
Recall that some weeks ago, it was reported that the football legend had a blood clot on the brain, which doctors later revealed was operated on successfully.
Two weeks after being discharged from the hospital and recovering at home, he reportedly suffered a cardiac arrest on Wednesday morning.
The Argentine national team’s official Twitter account confirmed the news on Wednesday.
The Contribution of Sports Betting to the Economy of Nigeria
Most of us have grown up with gambling lore that left us petrified to our core. Gambling ruins lives, gives rise to financial and legal problems.
This is all that we have grown up learning. However, this is only partly true and must not be taken too seriously. Sure, gambling has its disadvantages and evils.
However, the activity, in its entirety, is not addictive. It is what humans make out of it. Human beings give up self-control and spiral into a bottomless pit of despair due to that.
Gambling, when indulged in appropriately, does no harm. In fact, it is one of the biggest industries and contributes significantly to the global economy.
The moot point of this article is to have a look at the betting industry of Nigeria. While we do that, we shall also examine how much the industry contributes to the economy of the nation.
Therefore, let us now have a look at the industry and venture a few important points throughout
How Does the Betting Industry of Nigeria Look Like?
The gambling industry of Nigeria resides in the areas of gray. One cannot look at it in either black or white.
Gambling activities are considered illegal in Nigeria, with the exception of a few. And betting on sports happens to be one of those exceptions.
Online gambling in Nigeria is allowed only on offshore-owned and operated casinos. Locally operated casinos are not allowed to function in the land.
Now speaking of betting, one must note that the betting industry happens to be a key player in Nigeria’s economy. There are over fifty functional and legal betting sites in Nigeria.
As we mentioned before, betting is entirely legal, unlike online gambling. All those who want to gamble on sites like Usafriendlypokersites.com can do so with the use of VPNs.
Nigerians are incredibly passionate as a people about their sports. That is why the idea of making money by betting on their favorite sports has a lot of appeal.
With about 200 million people in the country, the betting industry has found a solid footing in the market. It has been estimated that over the last few decades, Nigeria has grown to become the second-largest betting market in South Africa.
Over 60 million people find entertainment through online betting sites in South Africa. Therefore, one can understand, going by the statistics that Nigeria has evolved over the last few years when it comes to betting.
Reasons for this Massive Growth in the Popularity of Online Betting:
One of the primary reasons for this massive popularity in online betting is the increase in technological innovations.
Nigeria, over the past few years, has seen technological expansion and super-fast connectivity. Almost everyone has access to smartphones now.
This is what makes it so easy for people of every age group to bet online. The constraints that the nation had in technology and connectivity are no longer an issue.
It is estimated that in the next few years, the country shall see more such innovations and expansion. This will, therefore, act further as a catalyst to the growth of the online betting industry.
The Government is Now Tightening the Noose around Online Betting to Raise Revenue:
As we already mentioned a few times before that Nigeria had strict laws related to online gambling.
The government also did not pay much attention to the betting industry. However, things have changed now and shall change further down the line.
The Nigerian government is now formulating some strict laws so that it could pull the revenue from betting into the coffers.
This is also one of the most significant reasons for the growth in Nigeria’s economy. Online betting is a lucrative industry, and we can already deduce that from we discussed.
With the government paying more attention to the industry, crime rates can be reduced, and better revenue can be raised.
If anything, the involvement of the Nigerian government shall only serve as a fresh change. Plus, with a better structure in the betting industry, more people can find jobs and livelihood.
Wrapping It Up:
We can see how the online betting industry of Nigeria has become one of the chief contributors
to its economy.
Sporty.com – The Ultimate App For Sports Fans!
For all those sports fans out there who are tired of following sports news that you do not find relevant, Sporty Group has come out with the perfect solution to this problem – Sporty.com is the ultimate sports app for all sports fans! Sporty gives access to the world’s best sports content with zero cost and zero ads. The app is available on the Google Play Store for free. Fans around the world can access the latest sports news on their handheld devices anytime and get live updates on matches.
Sporty.com offers a lot of features that can be leveraged by those who are sports enthusiasts. Here are the standout features of the newly launched application that has access to the world’s best sports content.
- Latest Sports News (SportyNews)
Get access to all the hot articles and video news in the world of sport at the tip of your fingers through Sporty. This news can be completely customized as per one’s liking. Pick your favourite sports, leagues and teams, all in one place, to be the first to know everything or just pick the option of “Popular” news.
- Live Scores and Exclusive Videos (SportyTV)
Sporty.com provides live scores of all the sports around the world, including an additional choice where one can filter out scores of just their favourites, whether it would be league scores or team scores.
- Game Stats (SportyLive)
Analyze every game in detail through this feature on Sporty. Get the most comprehensive data on any match through the app with match facts, team line-ups, minute-by-minute analysis and tracking, competition trees, live league tables and formations.
- Chat System (SportyChat)
Chat and share sports talk on Sporty with other users and friends! An incredibly unique feature on offer indeed, which can help you stay updated and also share banter with friends on the go.
Get Sporty, Live Sporty as you Follow, Like, Share, Watch & Chat on Sporty.com!
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