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Italian football in crisis as FA chief resigns and Ceferin issues Euro 2032 warning | Uefa

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The crisis engulfing Italian football has deepened with the country’s football federation president, Gabriele Gravina, resigning and the Uefa president, Aleksander Ceferin, warning that it risks losing its co-hosting rights for Euro 2032.

Gravina announced his resignation at an emergency meeting of the Italian Football Federation (FIGC) general council two days after Italy failed to reach a World Cup finals for the third successive time, losing on penalties to the outsiders Bosnia & Herzegovina. He had come under heavy scrutiny since their exit in Zenica, the country’s minister for sport, Andrea Abodi, intensifying the pressure by calling for “a renewal of the FIGC leadership”.

The 72-year-old was followed out of the door by Gianluigi Buffon, the national team delegation head, who also announced his resignation on Thursday. Next could be the head coach, Gennaro Gattuso, whose 10-month reign in charge of the Azzurri appears to have ended ignominiously. Gattuso replaced Luciano Spalletti in June 2025 but may pay for failing to deliver the short-term target of World Cup qualification.

A new leader will be elected in June and they will have to deal with problems affecting Italy’s longer-term status. They are due to host the European Championship alongside Turkey in six years’ time but there have been deepening concerns within Uefa about the state of the country’s stadiums. That was articulated by an interview given to Gazzetta dello Sport by Ceferin on Thursday, who did not hold back about Italy’s need to shape up quickly.

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FA warns fixture pile-up could devalue cup competitions and hurt national teams

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Fixture congestion risks harming England’s future World Cup chances and devaluing the FA Cup, the Football Association has warned.

The expansion of Uefa club competitions and the introduction of a 32-team Club World Cup has placed further demands on elite players.

The FA has already scrapped cup replays in a bid to alleviate the packed schedule, but admits there is a risk of domestic competitions being further devalued by the addition of extra international club tournaments.

“A significant challenge each season is to balance the development of the global competition calendar with the imperative of protecting player welfare,” the FA stated in its 2024-25 annual report, published on Thursday. “This task is complicated by the ambitions of competition owners to expand their events within an already crowded schedule.

“The ongoing discussions regarding future structural changes to the game, such as the introduction of new tournaments (eg FIFA Club World Cup), further intensify this challenge.

“These changes have the potential to significantly reduce the downtime available to elite players, affecting their recovery and overall well-being.

“Additionally, the introduction of more global competitions risks devaluing traditional domestic tournaments, such as the FA Cup, and may affect the performance of our national teams due to increased player fatigue and reduced time for international squad training. These factors could have financial implications for us.” PA Media

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“Euro 2032 is scheduled and will take place, of that there is no doubt,” he said. “I just hope that the infrastructure [in Italy] will be ready. If that’s not the case, the tournament will not be held in Italy. Maybe Italy’s politicians should ask themselves why the football infrastructure is among the worst in Europe.”

Italy must name its five stadiums for the tournament in October from its current shortlist of 11 cities but only Juventus’s Allianz Stadium currently meets the requirements. While there are plans for significant redevelopments of San Siro, in Milan, and Napoli’s Stadio Diego Armando Maradona, along with a new stadium in Rome, the clock is ticking given work has to have begun on any new or upgraded host venues by March 2027. Fiorentina’s Stadio Artemio Franchi is currently being redeveloped.

There are plans for significant redevelopments of San Siro. Photograph: Daniele Mascolo/Reuters

There has long been frustration inside Italy and externally about the country’s sluggish speed in modernising its football facilities. “The biggest problem in Italian football is the relationship between football politics and ‘normal’ politics,” Ceferin said.

Ceferin was speaking shortly before Gravina’s resignation. The pair are close allies, Gravina currently serving as first vice-president of Uefa, and Ceferin warned Italy’s problems extend beyond one man. “The greatest loss would be to the FIGC,” he said. “It won’t be easy to find a gentleman who loves football and Italy so much.”

Gravina, who assumed his role as president in 2018, was in situ for Italy’s Euro 2021 triumph but saw the four-times World Cup winners beaten at home by North Macedonia in the playoffs for Qatar 2022. They were also beaten comfortably by Switzerland in the last 16 at Euro 2024. He publicly took responsibility after the defeat to Bosnia & Herzegovina but warned of far deeper problems, saying: “The crisis is deep, [Italian] football needs to be redesigned.”



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World Cup 2026: Fifa urged to remove official over hand gesture; teams hit back at Ceferin; Iran arrive in US – live | World Cup 2026

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More now on the hand gesture story mentioned earlier. Fifa’s discrimination monitor at the World Cup has called for a video assistant referee to be removed for appearing to make a hand gesture resembling a white supremacist sign.

“Advice from our experts is that the gesture used clearly resembles an upside down ‘OK’ hand symbol used as a ‘white power’ symbol in global far-right circles,” the Fare network, a longtime partner of Fifa and Uefa, the European football governing body, to monitor racist and discriminatory chants, flags and symbols at international games, said in a statement. “Clearly this official should have no further role to play in this World Cup,” Fare said in a statement, describing the gesture as “neo-Nazi.”

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Man who suffered 'racially-motivated' attack says he regrets moving to NI

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The man said his home has been targeted three times in the last five months.



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European stock markets hit record high and oil price falls to three-month low after US-Iran peace deal – business live | Business

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European stock markets hit record high

European stock markets have hit a record high at the start of trading, as relief over the US-Iran peace deal ripples across global markets.

The pan-European Stoxx 600 index has jumped by 0.9% to 639 points, over the previous record high set just before the Iran war started, with shares rising in London, Frankfurt, Paris, Madrid and Milan.

Mining and travel companies are driving the rally, while oil company shares are sliding.

That follows sharp gains in Asia-Pacific markets overnight, where Japan’s Nikkei surged by 5% on hopes that the strait of Hormuz will reopen within days.

Matt Britzman, senior equity analyst at Hargreaves Lansdown, says global equity markets are starting the week firmly on the front foot after President Trump announced that a deal with Iran had been reached, adding:

double quotation markThe move has given investors a clear reason to dial back some of the geopolitical risk premium that has hung over markets, especially as the Strait of Hormuz is expected to reopen and oil prices move sharply lower.

Energy prices have been one of the clearest transmission channels from Middle East tensions into inflation, bond yields and equity sentiment, and there is likely to be a concerted effort to get prices down even further once this deal is finalised.

There are still details to be ironed out before markets can fully trust the agreement, but for now the direction of travel is clear: lower oil, calmer nerves and a renewed appetite for risk.

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Peace deal should keep mortgage rates down

Mortgage borrowers can breathe a sigh of relief at the news of a peace deal in Iran, says Adam French, head of consumer finance at Moneyfactscompare.co.uk.

double quotation markWhile we are far from being out of the woods yet, a lasting peace deal should dramatically reduce the risk of the Bank of England’s worst-case scenario for inflation and interest rates becoming a reality.

“Under that scenario, Base Rate could have risen to 5.25%, potentially pushing typical rates on new mortgages towards 6.75%. Instead, today’s news means mortgages rates, which have already been slowly falling for several weeks, have likely already passed their peak – at least until the next unwelcome crisis.

“Borrowers can be optimistic but with a word of caution, as inflation and economic data will continue to influence the outlook. However, a lasting peace should remove one of the biggest risks to mortgage costs and may help restore a more stable environment for hard-pressed remortgage borrowers and prospective buyers.”

Even before this morning’s drop in UK bond yields (see earlier post), average mortgage rates have dipped slightly.

Moneyfacts reports:

  • The average 2-year fixed residential mortgage rate today is 5.61%. This is down from 5.62% the previous working day.

  • The average 5-year fixed residential mortgage rate today is 5.58%. This is down from 5.59% the previous working day.

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