WORLD OF SPORT

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Chievo deducted points for false accounting

Serie A club Chievo have been deducted three points and fined €200,000 (Dh858,461) for false accounting. The , the Italian Football Association (FIGC) sports tribunal found Chievo guilty of adding around €27 million to the real transfers fees of promising young players from Italian lower-league club Cesena between 2015 and 2018. Club president Luca Campedelli has been banned for three months with four advisors also suspended for six weeks. The Verona club had been accused of using their player dealings with Cesena to create a false profit for both clubs and allow them to satisfy the conditions for registering in their respective divisions. Chievo played in Serie A in all the seasons involved. The penalty falls short of the 15-point deduction requested by prosecutors, and 36 months suspension against Campedelli. The FIGC said the disciplinary tribunal “accepted the referral of the prosecutor, sanctioning Chievo Verona with a three point deduction in the table, to be taken in the current season, and a fine of €200,000.

▷▷▷ Armstrong transfer earns money for youth club

Scottish international midfielder Stuart Armstrong says he is proud his former youth club’s financial future is assured thanks to a payout resulting from his move from Celtic to Premier League side Southampton. The 26-year-old moved to England in a reported £7 million (Dh33.6m) deal in June and under Fifa rules Dyce Boys Club were entitled to the lump sum (an undisclosed six figure amount) to reward them for helping mould him into a Premier League star. Armstrong said: “I owe a lot to the coaches and volunteers at Dyce Boys Club. I joined the club when I was 13 and spent five happy years there. They’ll put the money to good use to help ensure that more and more young players in the area can enjoy their football.”

▷▷▷ After 22 years of cricket Collingwood retires

Former England allrounder Paul Collingwood announced on Thursday that he retire from professional cricket at the end of the season, 22 years after making his first-class debut. A three-time Ashes winner, and the only man to captain England to a global trophy after leading them to glory in the 2010 World Twenty20, Collingwood played 68 Tests, 197 oneday internationals and 36 T20 matches. The 42-yearold said: “I knew this day would eventually come but it hasn’t made it any easier – although it’s an emotional decision I know that the time is right.”