Barcelona Confirm Return of Club Icon Xavi as Coach

Xavi Hernandez looks on during Al Sadd's match against Al-Duhail SC, in Doha, Qatar, Nov. 3, 2021. (AFP PHOTO)
Xavi Hernandez looks on during Al Sadd's match against Al-Duhail SC, in Doha, Qatar, Nov. 3, 2021. (AFP PHOTO)
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Barcelona Confirm Return of Club Icon Xavi as Coach

Xavi Hernandez looks on during Al Sadd's match against Al-Duhail SC, in Doha, Qatar, Nov. 3, 2021. (AFP PHOTO)
Xavi Hernandez looks on during Al Sadd's match against Al-Duhail SC, in Doha, Qatar, Nov. 3, 2021. (AFP PHOTO)

Barcelona confirmed the return of Xavi Hernandez as coach on Saturday, adding that the legendary midfielder was expected back in the city this weekend to take up his new role.

The Spaniard left Camp Nou to play for Al Sadd in 2015, after making 767 appearances for the Catalan club, which included winning eight La Liga titles and four Champions Leagues.

"It's time to come home. Welcome, Xavi," Barca tweeted. "It wasn't goodbye, it was see you later," it wrote, along with a video montage of the player's departure in 2015.

Barcelona said in a statement it had reached an agreement with Xavi to become first team coach for the rest of the current season and two more seasons.

"It is expected that Xavi Hernandez will arrive in Barcelona this weekend and that on Monday 8 November his presentation as new FC Barcelona first team coach will take place in an event open to the public at Camp Nou," it said.

Barcelona's attempt to appoint Xavi as coach had been held up on Friday over his Al Sadd release clause, with Xavi and Barca considering splitting the payment to complete the deal.

Al Sadd said Barca had agreed to pay the clause in Xavi's contract, which is reportedly set at around 5 million euros ($5.8 million), but Barcelona did not give any details of the deal in their statement.



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.