Renard Appointed Coach of Saudi National Football Team

New Saudi national football team coach, Herve Renard. (AFP)
New Saudi national football team coach, Herve Renard. (AFP)
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Renard Appointed Coach of Saudi National Football Team

New Saudi national football team coach, Herve Renard. (AFP)
New Saudi national football team coach, Herve Renard. (AFP)

Herve Renard, who resigned as Morocco coach following the team's surprise elimination at the African Cup of Nations, said on Monday he was taking over Saudi Arabia's national team.

"Happy to start a new adventure in Saudi Arabia on a new continent," the 50-year-old Frenchman tweeted.

He led Zambia to a surprise African Cup of Nations title in 2012 and has also coached the national teams of Angola, Ivory Coast and Morocco in Africa, as well as clubs in France, England, Algeria and Vietnam.

The Saudi Football Federation confirmed the appointment, with its boss Yasser Almisehal saying "the choice was made on a great name, capable of bringing something extra to Saudi football".



Toyota Confirms it Will End Olympics, Paralympics Sponsorship

Akio Toyoda (Reuters)
Akio Toyoda (Reuters)
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Toyota Confirms it Will End Olympics, Paralympics Sponsorship

Akio Toyoda (Reuters)
Akio Toyoda (Reuters)

Toyota Motor Chairman Akio Toyoda confirmed on Thursday the company will not renew its 10-year contract as a top sponsor for the Olympics and Paralympics following the Paris Games.
The world's biggest automaker, which had already suggested it would not renew the contract when it expired, will continue to financially support athletes, Toyoda said in the company-owned media channel.
Earlier this month, Panasonic Holdings announced it would also end its 37-year contract as a top sponsor after it became an official partner of the Olympic Games in 1987, according to Reuters.
The International Olympics Committee saw revenues of $2.295 billion from its top sponsors for the period 2017-2021, the second-biggest source of income for the Olympic movement, with broadcasters paying $4.544 billion over the same period.