EHF CL F4 until 2020 in Cologne

At its meeting in Valencia, Spain on 26 March 2015, the EHF Executive Committee reached the decision to award the organisation of the EHF CL F4 to the City of Cologne and the LANXESS arena for an additional four years.With the existing agreement with the City of Cologne due to expire after the 2016 event, the new agreement will cover the period 2017 to 2020.Following negotiations by the EHF and EHF Marketing GmbH, the EHF’s marketing subsidiary and the event organiser, the new agreement also includes an additional clause that allows the two-day sport and entertainment event to move to a new city for a one-off event in 2018, 2019 or 2020, if desired.Commenting on the agreement, Jean Brihault, EHF President, said: “Over the past five years we have enjoyed tremendous support from both the City of Cologne and the LANXESS arena, and this close cooperation has undoubtedly contributed to the huge success of the VELUX EHF FINAL4.“Having achieved so much already, we’re now really looking forward to further strengthening our partnership over the coming years.”“Cologne is without doubt the right city for the VELUX EHF FINAL4; a fact borne out year on year by the tens of thousands of handball fans returning to the city to witness the sporting and entertainment mega-event that the VELUX EHF FINAL4 has become.“This long-term agreement to remain in Cologne offers us the opportunity to further grow the event and build on our success to date,” said Peter Vargo, Managing Director, EHF Marketing GmbH.Jürgen Roters, Lord Mayor of the City of Cologne, said: “It’s a tremendous compliment to the Cologne sports community, with its enthusiastic and fair spectators, and also to the organisation in Cologne, that the European Handball Federation has decided to continue to play the Champions League finals in Cologne until 2020. This is also the result of the excellent cooperation between all those involved. We have been successful in the competition with other handball-cities – a special vote of confidence. We can be really proud of this achievement.”Stefan Löcher, Managing Director of the LANXESS arena, said: “In 2010 when the first VELUX EHF FINAL4 was held in the LANXESS arena, we couldn’t have dreamed that, despite fierce competition, we would secure this top-class international event until 2020. This is a great accolade for the sports city Cologne and the LANXESS arena.“Working together over the last few years, we have been successful in establishing this top-class tournament event as a mega-event and we would like to thank the EHF for the trust they have placed in us.”source: EHF ← Previous Story Brothers Babarskas on Balkan target! Next Story → Veszprem and Meshkov for the SEHA GAZPROM title! read more

Car insurance premiums for female drivers set to soar after December

first_imgFEMALE DRIVERS MAY face considerable increases in their car insurance premiums after December this year thanks to European Commission guidelines on gender discrimination.The guidelines, published in January, mean that from 21 December, insurers will not be allowed to take gender into account when calculating premiums and benefits.Speaking to, Miriam O’Neill of AA Ireland said the new directives are “unfair and harsh”, particularly on young female drivers who could see their premiums soar as much as 50 per cent.“This will definitely have an impact on young female drivers even though it’s well known that young male drivers are the highest risk,” she said.Young male drivers, on the other hand, are in luck as their premiums will be mixed with those of female drivers and charged equally.O’Neill said the new rules are not “distinguishing between quality” of drivers as young men have a considerably higher risk of crashing their car.“Quite a shock”In the next few weeks people will begin to receive their insurance renewal notices and will start to realise the effects of the new rules.“It will be quite a shock for a lot of people as people might have only a vague awareness of it now,” O’Neill said. “I think the responsibility now lies with insurers themselves to make customers aware of the changes.”While young female drivers will see their premiums rise, the Commission’s directives will have a knock on effect on parent’s pockets as well. Parents who have adult children as named drivers will see their sons saving them money on insurance and their daughters costing them.AA Ireland said it has been working “behind the scenes” in preparation for 21 December and aims to soften the blow for drivers.“We’re definitely looking at proposals for young drivers to moderate the effect, particularly for female drivers,” O’Neill said. “Drivers should also shop around to make sure they get the best deal and look for group schemes to join.”“By and large drivers will be shopping around more and more which will put pressure on insurance companies to provide good deals,” she said.Read: Insurers’ index shows Waterford drivers get cheapest premiums>AXA pilots ‘big brother’-style car scheme>last_img read more