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Whatever happens, the Middle East has been remade
Whatever happens, the Middle East has been remade

AU Financial Review

timea day ago

  • Politics
  • AU Financial Review

Whatever happens, the Middle East has been remade

During the past week, Sharren Haskel has established a new bedtime routine with her three young daughters at her home, waiting for the inevitable air raid siren as Iranian missiles and drones rain over Israel. 'In the beginning, we would run into the [bomb] shelter, but now I set all my three little babies to sleep in our little shelter,' Haskel, who is Israel's deputy foreign minister, tells AFR Weekend.

Senior Israeli MP warns Iran's supreme leader could be taken out if civilians continue to be targeted 'on purpose'
Senior Israeli MP warns Iran's supreme leader could be taken out if civilians continue to be targeted 'on purpose'

Sky News AU

time3 days ago

  • Politics
  • Sky News AU

Senior Israeli MP warns Iran's supreme leader could be taken out if civilians continue to be targeted 'on purpose'

Israel has issued an ominous warning to Iran's supreme leader that he could be taken out if civilians continue to be targeted 'on purpose'. Speaking to Sky News host Sharri Markson on Wednesday night, Israel's Deputy Foreign Minister Sharren Haskel was asked point blank if Iran's Supreme Leader Ayatollah Khamenei would be 'taken out' by Israel. 'This is not right now one of our aims, but if they push it, we cannot promise what will happen,' Ms Haskel said. Watch the explosive revelations on Sharri with a Streaming Subscription. The Israeli senior politician told Markson Israel had two goals in the conflict, to destroy Iran's nuclear and ballistic missile programmes. 'In both of these existential threats, we've eliminated the leadership of both of the military, terrorist programmes and, as we said, (killing Khamenei) is not one of our goals, but we do see how Iran, while we are targeting military facilities … they are actually targeting on purpose huge civilian population areas, Ms Haskel said. Ms Haskel, who lived in Australia for six years said Israel's operation against Iran's nuclear programme had been 'extremely extraordinary and very successful' thus far, but there was 'a lot of work' still to do. She said Iran had enough enriched uranium for 10 warheads, and claimed three had been produced in recent months when negotiations were taking place. This claim has been disputed by Iran, United States National Intelligence Director Tulsi Gabbard and the International Atomic Energy Agency (IAEA). Iran has denied developing nuclear weapons, saying its uranium enrichment program was only for peaceful purposes. A top US intelligence report judged it would take up to three years for Iran to build a warhead with which it could hit a target of its choice, a finding first reported by CNN. US National Intelligence Tulsi Gabbard also told Congress that US spy agencies did not believe that Iran's supreme leader had ordered the restarting of a nuclear weapons program that the US and the IAEA assessed ended in 2003. However, she also said Iran's enriched uranium stockpile was at its highest levels and is unprecedented for a state without nuclear weapons'. Earlier in June, IAEA Director General Rafael Grossi told the UN's Board of Governors Iran had accumulated 400kg of uranium enriched to 60 percent. 'While safeguarded enrichment activities are not forbidden in and of themselves, the fact that Iran is the only non-nuclear-weapon State in the world that is producing and accumulating uranium enriched to 60 percent remains a matter of serious concern,' he said. Ms Haskel said Iran had 'violated the agreement on purpose', with the International Atomic Energy Agency (IAEA) corroborating this claim in recent weeks. 'There are still more targets, military targets that we need to actually eliminate in order to severely damage, to make sure that their nuclear war plan and their nuclear programme is eliminated and is put very far back. And that's what we're doing right now,' she said. Earlier this week it was revealed President Donald Trump vetoed an Israeli plan to assassinate the Supreme Leader of Iran despite Prime Minister Benjamin Netanyahu claiming the Islamic Republic plotted to kill the US President. Multiple US officials, speaking on the condition of anonymity, have told Reuters the US government has been in constant contact with Israel since the country launched a massive attack on Iran in an attempt to halt its nuclear program last Friday. The US officials said the Israelis reported they had an opportunity to kill Iran's Supreme Leader, Ayatollah Khamenei, but Trump waved them off the plan. "Have the Iranians killed an American yet? No. Until they do we're not even talking about going after the political leadership," a senior US administration official said.

WSL revenues will pass £100m in 2026, says Deloitte
WSL revenues will pass £100m in 2026, says Deloitte

Yahoo

time09-06-2025

  • Business
  • Yahoo

WSL revenues will pass £100m in 2026, says Deloitte

Total revenues of Women's Super League (WSL) clubs grew by 34 per cent to £65m in the 2023-24 season and are tipped to hit £100m for the first time next year, says Deloitte. All income streams were up but the biggest increase was a 73 per cent uplift in matchday revenue to £12m, thanks to higher attendances and more games held in large stadiums. Commercial revenue from sponsorship deals rose 53 per cent to £26m while broadcast income was up 40 per cent to £10m, according to Deloitte's Annual Review of Football Finance. The firm is forecasting WSL clubs' revenues to surpass £100m in the coming season, as a result of continuing growth and this summer's Women's Euros in Switzerland. 'Through developing more robust fan engagement strategies, strong commercial deals and securing central distributions, WSL clubs unlocked a new phase of growth in the 2023-24 season,' said Jennifer Haskel, knowledge and insights lead in the Deloitte Sports Business Group. The figures may only be 'scratching the surface on the value now being generated by the women's game' due to inconsistencies in the way clubs report their finances, Haskel added. It comes after Chelsea Women were controversially valued at £200m by the sale of a minority stake to Reddit founder Alexis Ohanian earlier this year. 'The high-profile investment and innovative brand partnerships announced in recent months demonstrate the value gained when women's teams are treated as distinct entities with a focus on driving specific initiatives tailored to the fans and commercial partners alike,' Haskel said. 'This mindset must be maintained for the future growth of the women's game, or we risk missing a generational opportunity in this sport.' While the average WSL team's revenue increased from £4m to £5.4m and all sides experienced double digit growth, there remains a yawning gap between the top and bottom. The four biggest-earning clubs – Arsenal (£15.3m), Chelsea (£11.5m), Manchester United (£9.2m) and Manchester City (£6.6m) – generated two thirds of total WSL revenue. Teams' aggregate pre-tax losses grew from £21m to £28m while wage costs were up 44 per cent to £52m, with salaries accounting for 81 per cent of clubs' income. 'For long-term growth to take place, competitive balance is a key priority,' said Tim Bridge, lead partner in the Deloitte Sports Business Group. 'With the gap widening between the highest and lowest-earning clubs within the league, there's a risk that this will lessen the jeopardy on pitch and the attention of fans. 'Sealing investment and commercial deals across the league, alongside implementing cost control interventions, may counter this to promote long-term stability across the pyramid. 'Women's football in England is evolving rapidly. While challenges remain, it is clear there is potential for a passionate and engaged fanbase to drive the game's development. 'Continued growth of the WSL and the women's game more widely will require dedicated investment and attention, as well as allocation of the right resources. 'Capitalising on major international tournaments is important at specific points in time, but sustainable growth hinges on the domestic league's organic development.'

Women's elite sports revenues to surpass $2.35 billion globally, Deloitte reports, yet imbalances persist
Women's elite sports revenues to surpass $2.35 billion globally, Deloitte reports, yet imbalances persist

CNN

time18-03-2025

  • Business
  • CNN

Women's elite sports revenues to surpass $2.35 billion globally, Deloitte reports, yet imbalances persist

Women's elite sports revenues are projected to reach a record $2.35 billion this year, according to Deloitte, more than triple the market size in 2022. The consulting firm released its updated figures and projections for women's elite sports revenues across matchdays, broadcasts, and commercial deals this week, calling 2024 'a landmark year for women's sports, shattering expectations and exceeding Deloitte's initial projections.' In the past year, major headlines included: women Olympians at the Paris Games generating over 50% of social media engagement despite their competitions being featured less than men, the WNBA securing a new broadcast deal amid record interest and viewership, NWSL players securing a new Collective Bargaining Agreement (CBA), and AC Milan becoming the first European soccer club to guarantee automatic contract renewals for players who become pregnant in the final year of their contract. The underlying context of the report, though, was how disparities between sports, markets, and even within leagues persist. Basketball and soccer are expected to remain the highest revenue-generating sports at 44% and 35%, respectively. While North America (59%) and Europe (18%) continue to top the list of global markets. Even in one of those top earning sports, discrepancies remain. FIFA's annual Women's Football Benchmarking Report was also released this week and revealed the average women's soccer player makes $10,900 a year, but the number is skewed upwards by the 16 global clubs that paid an average salary of over $50,000. As a result, many of the world's women soccer players actually make far less than the $10,900 figure. The implications go far beyond salary, too. Clubs that pay more than $5,000 were more likely to provide non-financial benefits – like health insurance, housing benefits, etc. – than those who do not. Furthermore, clubs from FIFA-defined Tier 2 and 3 leagues – classified as 'aspiring' and 'emerging' leagues, respectively – were less likely to offer contracts a year or longer. FIFA also found higher salaries were related to better performances on the pitch. Deloitte Sports business group knowledge and insights lead Jennifer Haskel said while there have been positive signs in women's sport, there is still plenty more room for improvement. 'Women's sport is rewriting the playbook and challenging traditional norms to redefine the future of the industry. In 2025 and beyond, the challenge will be for the sports' industry, brand partners and investors to do things differently,' Haskel said in the report. 'Increasing strategic investment is more important than ever to drive a professional global landscape and create an engaging industry for generations to come. 'It is crucial for women's sport organisations to implement the right structures, develop a clear plan for investment, and define a long-term vision for their place within a rapidly evolving global industry.'

Women's elite sports revenues to surpass $2.35 billion globally, Deloitte reports, yet imbalances persist
Women's elite sports revenues to surpass $2.35 billion globally, Deloitte reports, yet imbalances persist

Yahoo

time18-03-2025

  • Business
  • Yahoo

Women's elite sports revenues to surpass $2.35 billion globally, Deloitte reports, yet imbalances persist

Women's elite sports revenues are projected to reach a record $2.35 billion this year, according to Deloitte, more than triple the market size in 2022. The consulting firm released its updated figures and projections for women's elite sports revenues across matchdays, broadcasts, and commercial deals this week, calling 2024 'a landmark year for women's sports, shattering expectations and exceeding Deloitte's initial projections.' In the past year, major headlines included: women Olympians at the Paris Games generating over 50% of social media engagement despite their competitions being featured less than men, the WNBA securing a new broadcast deal amid record interest and viewership, NWSL players securing a new Collective Bargaining Agreement (CBA), and AC Milan becoming the first European soccer club to guarantee automatic contract renewals for players who become pregnant in the final year of their contract. The underlying context of the report, though, was how disparities between sports, markets, and even within leagues persist. Basketball and soccer are expected to remain the highest revenue-generating sports at 44% and 35%, respectively. While North America (59%) and Europe (18%) continue to top the list of global markets. Even in one of those top earning sports, discrepancies remain. FIFA's annual Women's Football Benchmarking Report was also released this week and revealed the average women's soccer player makes $10,900 a year, but the number is skewed upwards by the 16 global clubs that paid an average salary of over $50,000. As a result, many of the world's women soccer players actually make far less than the $10,900 figure. The implications go far beyond salary, too. Clubs that pay more than $5,000 were more likely to provide non-financial benefits – like health insurance, housing benefits, etc. – than those who do not. Furthermore, clubs from FIFA-defined Tier 2 and 3 leagues – classified as 'aspiring' and 'emerging' leagues, respectively – were less likely to offer contracts a year or longer. FIFA also found higher salaries were related to better performances on the pitch. Deloitte Sports business group knowledge and insights lead Jennifer Haskel said while there have been positive signs in women's sport, there is still plenty more room for improvement. 'Women's sport is rewriting the playbook and challenging traditional norms to redefine the future of the industry. In 2025 and beyond, the challenge will be for the sports' industry, brand partners and investors to do things differently,' Haskel said in the report. 'Increasing strategic investment is more important than ever to drive a professional global landscape and create an engaging industry for generations to come. 'It is crucial for women's sport organisations to implement the right structures, develop a clear plan for investment, and define a long-term vision for their place within a rapidly evolving global industry.'

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