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Real Madrid set to make a fortune from Harzard’s signing

Eden Hazard finally signed with Real Madrid after spending close to 7 years at Chelsea where he won two Premiership titles, two Europa cups, one FA Cup title and a host of awards

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Eden Hazard

Eden Hazard finally signed with Real Madrid after spending close to 7 years at Chelsea where he won two Premiership titles, two Europa cups, one FA Cup title and a host of awards for a fee in the region of €100 million (£88.5 million) plus add-ons which could go as high as €150 million (£133.5 million).

The Belgium national team captain is the fourth signing for the Galacticos following the arrival of Luka Jovic, Eder Militao, and Rodrigo to the Bernabeu.

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The Move: After two years of registering interest in signing the Ex-Chelsea skipper, the Madrid side finally succeeded in luring Hazard with a deal that could double his wages and increase his chances of winning the Ballon d’Or.

Hazard’s unveiling pulled up to 50,000 Real Madrid fans at the Bernabeu on Thursday, the first of its kind since the signing of Christiano Ronaldo in 2009 which pulled a record of over 70,000 fans. Recall that the club made over €100 million (£88.5 million) in the sales of Ronaldo’s replica shirt during the first year of his contract.

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Brief Profile: Hazard was born on January 7th, 1991 and began his career in Belgium playing for local youth clubs. In 2005, he moved to France where he began his senior career, joining first division club Lille. Hazard spent two years in the club’s academy and, at the age of 16, made his professional debut in November 2007.

He went on to become an integral part of the Lille team under manager Rudi Garcia, racking up over 190 appearances. In his first full season as a starter, he won the National Union of Professional Footballers (UNFP) Young Player of the Year award, thereby becoming the first non-French player to win the award.

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In the 2009–10 season, Hazard captured the award again, becoming the first player to win it twice. He was also named to “the league’s Team of the Year”.

His Impressive Career: In the 2010–11 season, he was a part of the Lille team that won the league, as a result of his performances, was named the UNFP Ligue 1 Player of the Year, the youngest player to win the award. Hazard was also given the Bravo Award by Italian magazine Guerin Sportivo for his performances during the 2010–11 season.

In June 2012 Hazard signed for English club Chelsea, where he went on to win the UEFA Europa League in his first season and the PFA Young Player of the Year in his second. In the 2014–15 season, he helped Chelsea win the League Cup and Premier League, earning him the FWA Footballer of the Year and the PFA Players’ Player of the Year awards. Two years later he won his second English title as Chelsea secured the 2016–17 Premier League.

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Other big names that have made money for Real Madrid

Christiano Ronaldo: The Portuguese national team captain and Juventus forward was signed from Manchester United in July 2009 for a club record fee of £84.6 million and on the first season as reported by Goal.com. Real Madrid reaped over €100 million in revenues, with over a million shirts sold in the city of Madrid alone, during the first year of his contract.

David Beckham: The Ex-England player signed for Real Madrid from Manchester United for a fee of €35 million in June 2003, and his shirt sold globally during his four seasons in the Spanish capital, with a million shirts reportedly sold in the first year.

Others: A host of galacticos have been signed by the Spanish money bag over the years, whose contracts paid off on and off the pitch; in terms of goals scored, shirt sales, endorsement deals, etc. The likes of Bale, Kaka, Rodriguez, Delima Ronaldo are typical examples.

Hazard’s Financial potentials: Hazard is undoubtedly a world class player who will most likely, prove his worth on the pitch and off the pitch. This is despite the fact that the lack of shirt number has made it difficult to track his replica shirt sales. Some fans have been reportedly sited in Qatar wearing Hazard real  Madrid jersey with a number 7, despite the fact that he was unveiled shirtless on Thursday evening.

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Patricia
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FBI seeks help finding 6 Nigerians accused of fraud totaling over $6 million  

The Nigerians are also accused of working with money launderers, romance scammers, and others.

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FBI seeks help finding 6 Nigerians accused of fraud totaling over $6 million  

The Federal Bureau of Investigation (FBI) has announced, through its Twitter handle, that it needs the help of the public to find six Nigerians who were complicit in Business Email Compromise (BEC) schemes, which led to the loss of over $6 million.

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The accused Nigerians in the FBI’s Cyber Most wanted are Richard Izuchuckwu Uzuh, Alex Afolabi Ogunshakin, Felix Osilama Okpoh, Abiola Ayorinde Kayode, Nnamdi Benson, and Micheal Olorunyomi.

READ ALSO: How to protect your bank account from phishing attempts

The FBI says that over 70 different businesses were defrauded of the amount. The fugitives are accused of sending spoofed emails to thousands of businesses requesting fraudulent wire services.

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The Nigerians are also accused of working with money launderers, romance scammers, and others involved in BEC schemes “through a complex web of witting and unwitting people in the United States and abroad.”

Uzuh and Ogunshakin are alleged to have conducted their own BEC Schemes; while learning from Uzuh, Ogunshakin provided the bank accounts to him, Benson, Kayode and Okpo, whose accounts were used to receive fraudulent wire transfers. Okpoh alone is accused of providing bank accounts for receiving fraudulent transfers valued at $1 million.

READ ALSO: Invictus Group CEO, Obinwanne Okeke, pleads guilty to $11m fraud charge in U.S.

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Uzuh was indicted in October 2016 in the United States District Court, District of Nebraska, Omaha, Nebraska, on wire fraud charges and conspiracy to commit wire fraud, while the other co-conspirators were indicted in August 2019 at the same district court and had Federal warrants issued for their arrests.

Meanwhile, Micheal Olorunyomi, who was indicted in November 2019, is accused of defrauding victims of over $1 million by targeting vulnerable elders or widows through romance fraud schemes.

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Trump halts access to green cards, employment-based visa till end of 2020

Workers who are already in the United States will not be affected by this order.

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Donald Trump, What does Iran’s war with America mean for Africa?, US to stop issuing visa for Birth Tourism, Trump Travel Ban List: Why Nigeria should be excluded  , US spends over $5b in health assistance to Nigeria in 20 years, gives $32.8m for covid-19, Oil Is Back

President of the United States of America, Donald Trump, is set to sign an order temporarily halting access to several employment-based visas, and issuance of green cards for the rest of the year.

This decision, which comes as a result of the 13.3% unemployment rate caused by the coronavirus pandemic, will restrain hundreds of thousands of people seeking to work in the U.S. However, workers who are already in the United States will not be affected by this order.

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According to a senior administration official quoted on Bloomberg, the order will freeze new H1-B, H2-B, H-4, L and most J visas through the end of the year, the official said.

READ ALSO: Precious metals slump, investors focus on Central Bank’s intervention

The only exceptions are the food processing workers who will still be allowed to access H2-B visas.

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In a Saturday interview with Fox News, Trump had stated that he wanted Americans to take the jobs that would otherwise go to those granted the visas.

“We have plenty of people looking for jobs,” he told Fox. “I think it’s going to make a lot of people very happy. And it’s common sense.”

Trump had earlier hinted at plans to temporarily suspend migrations to the US, amid concerns from the U.S. Chamber of Commerce and the Information Technology Industry Council, that such moves could disrupt business.

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READ MORE: U.S. publishes names of 6 Nigerians charged with internet fraud against Americans

Employment based visas

H-1B visas cover temporary work authorizations for people with highly specialized knowledge, while H-4 visas are issued to immediate family members of H-1B visa holders.

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The H-2 visas allow temporary work in agriculture, construction, forestry and many other industries.

L visas are for temporary intracompany transfers for those who are in management positions or have specialized knowledge, while J visas are for work- and study-based exchange visitor programs.

Although the American technology industry has relied on H-1B visas to hire foreign talent, particularly in the fields of science and engineering in the past years, critics say some companies have abused the program to displace American workers.

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Bloomberg reports that there are plans to restructure the H1-B program to rewrite rules in which applicants will get priority for H1-B visas, giving reference to would-be immigrants with the highest salary offers.

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In the 2019 fiscal year alone, the US issued more than 900,000 visas in these categories.

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Nigeria, 17 others elected into ECOSOC

This membership positions Nigeria to advance the interest of the African continent as a whole.

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The United Nations General Assembly has elected Nigeria and 17 other countries into the Economic and Social Council (ECOSOC) of the UN.

The new ECOSOC members will serve for three years, effective from January 1, 2021.

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NAN reports that the election held on Wednesday in New York.

Of the 14 seats usually reserved for African Countries on the council, only 5 were vacant and those seats went to Nigeria, Liberia, Libya, Madagascar and Zimbabwe, following their endorsement and the presentations by their respective sub-regional organisations

To represent the Asia-and Pacific states were Indonesia, Japan, and the Solomon Islands, while Bulgaria was elected to represent the Eastern European Group.

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Argentina, Bolivia, Guatemala and Mexico were elected to represent the Latin American and Caribbean Group on the council; while Austria, France, Germany, Portugal, and the United Kingdom were elected to fill five vacant seats reserved for “Western European and other” states.

READ MORE: African nations sitting on debt volcano

ECOSOC is considered the heart of the United Nations, established by the UN Charter in 1946. It is responsible for the coordination, policy review, policy dialogue, and recommendations on the economic, social, and environmental agenda of the UN.

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This will be Nigeria’s third time of serving on the ECOSOC since 2012, and is coming within two years after its last term in the council.

This membership positions Nigeria to advance the interest of the African continent as a whole. Under the UN Charter, the ECOSOC is also responsible for promoting higher standards of living, employment and economic and social progress.

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