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BBC HomepageSkip to contentAccessibility HelpYour accountNotificationsHomeNewsSportWeatheriPlayerSoundsBitesizeMore menuMore menuSearch BBCHomeNewsSportWeatheriPlayerSoundsBitesizeCBBCCBeebiesFoodClose menuBBC NewsMenuHomeIsrael-Gaza warCost of LivingWar in UkraineClimateUKWorldBusinessPoliticsCultureMoreTechScienceHealthFamily & EducationIn PicturesNewsbeatBBC VerifyDisabilityWorldAfricaAsiaAustraliaEuropeLatin AmericaMiddle EastUS & CanadaLuis Rubiales: Prosecutors want jail for World Cup kissPublished50 minutes agoShareclose panelShare pageCopy linkAbout sharingImage source, ReutersBy Vicky WongBBC NewsSpanish prosecutors want the ex-head of the country’s football federation to be jailed for two-and-a-half years after he kissed a female footballer following Spain’s World Cup victory.Luis Rubiales is facing charges of sexual assault and coercion over a non-consensual kiss on the mouth he gave to Jenni Hermoso last August.Hermoso and her team mates said the kiss was unwanted and demeaning.Rubiales was forced to resign, but has denied any wrongdoing.According to a court document seen by Reuters, prosecutor Marta Durantez charged Rubiales with one count of sexual assault and one of coercion for his alleged actions in the aftermath of the kiss – the offences carry jail terms of one year and one-and-a-half years respectively.Ms Durantez also accused the former coach of the women’s national team, Jorge Vilda, the team’s current sporting director, Albert Luque, and the federation’s head of marketing, Ruben Rivera, of coercing Hermoso into saying the kiss was consensual.All three denied wrongdoing when they appeared before the court. Each could face up to 18 months in jail if convicted.Football continues to give me life – HermosoHermoso says image tarnished by World Cup kiss’Spain have responsibility to repair nation’s image’Ms Durantez also wants the four men to pay damages totalling €100,000 (£85,677) to Hermoso, and for Rubiales to pay at least half of this amount.She also requested a restraining order for Rubiales, barring him from coming within 200m of Hermoso and from communicating with her for the next seven-and-a-half years.The scandal overshadowed a historic moment for Spain’s women’s team, which at the time was celebrating its first ever World Cup win.During the trophy presentation ceremony, Rubiales clasped Hermoso’s head between his hands and planted a kiss on her lips.The kiss that shook Spanish & global footballSpain wants Rubiales kiss row to be ‘MeToo moment’Rubiales departure a win for Spain’s women’s teamHe was also criticised for grabbing his crotch when celebrating the win, standing next to Spain’s Queen Letizia and her daughter Princess Infanta Sofia.The incident set off a wave of global anger at sexism at the highest levels of women’s sport and led to boycotts of the national team by Spain’s players as they called for changes to be made to women’s football in the country.Image source, ReutersRubiales was initially suspended by world football’s governing body Fifa, before he eventually stood down as both head of Spain’s football federation and vice-president of Uefa in September.In January, Fifa upheld a three-year ban from footballing activities for Rubiales after he lodged an appeal.Vilda – the coach who led the women’s team to their World Cup victory and an ally of Rubiales – was also sacked in September amid the fallout from the scandal, but was appointed head coach for Morocco women’s team in October.Related TopicsSpainMore on this storyFootball continues to give me life – HermosoAttributionSportPublished27 FebruaryRubiales loses Fifa appeal against three-year banAttributionSportPublished26 JanuarySpanish FA president Rubiales resigns over Hermoso kissAttributionSportPublished11 September 2023The kiss that shook Spanish & global footballAttributionSportPublished10 September 2023Top StoriesLive. ‘Sensitive’ operation as Baltimore rescuers search for bodiesGirl, 10, left inoperable after surgery axed seven timesPublished1 hour agoHolidaymakers caught out by 10-year-passport rulePublished2 hours agoFeaturesLost power, mayday call and crash before Baltimore bridge collapseUS guns pour into Haiti, fuelling surge in violenceLost IRA film shows planting and detonation of bombWhy some Tory MPs are stepping downAfter Moscow attack, migrants from Central Asia hit by backlashWhy is sewage released into rivers and the sea?The women behind a fugitive rapist’s downfall’Eyesore’ Prince Philip statue must go, says councilLocal elections 2024: Is there an election in my area?Elsewhere on the BBCNew lives, new loves and new merciless enemiesSuperman and Lois Lane face one of their biggest challenges… raising two teenage boysAttributioniPlayerThe powerful emotional impact of Pink Floyd’s musicShine On You Crazy Diamond has helped people through their hardest timesAttributionSoundsRadiohead meets Sons of Kemet in this alt-rock supergroupSee The Smile on the 6 Music Festival stageAttributioniPlayerA daughters mysterious disappearanceJoan Lawrence shares how she found out her daughter had disappeared in the run up to Mother’s DayAttributionSoundsMost Read1Girl, 10, left inoperable after surgery axed seven times2Holidaymakers caught out by 10-year-passport rule3Police reassess decision on Rayner allegations4Comic swaps hot dog for cucumber over Tube ad rule5Campbell ‘wept’ as judge said teacher was an abuser6Head teacher apologises after pupils hurt in crush7School head resigns over Paris veil death threats8Prosecutors seek jail for Luis Rubiales over kiss9’Eyesore’ Prince Philip statue must go, says council10Man seriously injured after stabbing on London train
[ad_1] Spain’s ex-football boss could go to prison because of a non-consensual kiss at the Women’s World Cup.
![BBC HomepageSkip to contentAccessibility HelpYour accountLiveNotificationsHomeNewsSportWeatheriPlayerSoundsBitesizeMore menuMore menuSearch BBCHomeNewsSportWeatheriPlayerSoundsBitesizeCBBCCBeebiesFoodClose menuBBC NewsMenuHomeIsrael-Gaza warCost of LivingWar in UkraineClimateUKWorldBusinessPoliticsCultureMoreTechScienceHealthFamily & EducationIn PicturesNewsbeatBBC VerifyDisabilityBusinessMarket DataEconomyYour MoneyCompaniesTechnology of BusinessCEO SecretsArtificial IntelligenceWhy Trump may reap billions in Truth Social stock market mergerPublished1 hour agoShareclose panelShare pageCopy linkAbout sharingImage source, Getty ImagesBy Natalie ShermanBusiness reporter, New YorkDonald Trump appears to be scrambling for funds to pay a $464m (£365m) fraud fine. Could the stock market ride to his rescue? Trump Media, which runs the social media platform Truth Social, is poised to become a publicly listed company, with shareholders of Digital World Acquisition Corp set to vote on Friday on whether to acquire it. Mr Trump would have a stake of at least 58% in the merged company, worth more than $3bn at Digital World’s current share prices. Digital World, or DWAC (pronounced D-whack), is what is known as a SPAC, or a shell business created expressly to buy another firm and take it public.It’s an astonishing potential windfall for Mr Trump in exchange for a business whose own auditor warned last year it was at risk of failure. Never mind the many red flags associated with the deal, including unresolved lawsuits from former business partners. There’s also an $18m settlement that Digital World agreed to pay last year to resolve fraud charges over how the merger plan came together. Backers of Digital World – the vast majority of whom are individual investors instead of Wall Street firms, many apparently Trump loyalists – seem undaunted. “This is putting your money where your mouth is for free speech, to save your country, potentially losing it all,” Chad Nedohin, a deal supporter, said recently on his show DWAC Live, on the video platform Rumble. If the purchase is approved, which is expected, shares will start trading on the Nasdaq stock exchange under the ticker DJT.The deal is unlikely to immediately resolve Mr Trump’s most pressing financial issues, such as his New York fraud penalty. The former president is barred from selling his shares for at least six months – though the new company could grant him an exemption. Mr Trump could try to get a loan, backed by the value of the shares. But in this case, analysts said a bank would probably lend him significantly less than the shares are worth on paper, given the potential risks of the business.That hasn’t stopped some of his supporters hoping their backing will help. Mr Nedohin, who identifies himself on his website as a Canadian “worship leader” and goes by Captain DWAC on Truth Social, declined to be interviewed. But on his show this week he urged investors to approve the deal, speculating it could help the president in his legal battles. “If the merger is complete Friday at 10am and Trump all of a sudden has 120 million shares of DJT that’s worth three, four, five $10bn, who knows? He could easily leverage that to get a loan,” he said. The risk that Digital World shareholders will lose money on their investment is significant, according to analysts.Shares in the company are currently trading at nearly $43 apiece. That’s down from the highs it reached after the plans to purchase Trump Media were announced. But it still implies Trump Media has a value of more than $5bn, which is a lot given it brought in just $3.3m in revenue in the first nine months of last year and lost nearly $50m. The merger will provide an influx of more than $200m in cash to Trump Media, which it could use for growth and expansion.But for now Truth Social, which launched to the general public in 2022, branding itself as an alternative to major social media platforms like Twitter and Facebook, remains small. It claims about 8.9 million sign-ups and in regulatory filings Trump Media warns prospective investors that it does not track metrics like user growth or engagement that could give them a sense of its operations. And it says it has little intention of doing so. Outside firms estimate Truth Social received about 5 million visits in February. By comparison, Elon Musk’s X, formerly Twitter, and recently valued by one investor at about $14bn, received more than 100 million. Analysts said Digital World was a prime example of a “meme stock”, in which the share price is divorced from a company’s fundamentals – and near-destined to fall, eventually.”With Trump Media, I expect that it will collapse but whether it’s going to occur a week from now or two years from now and how rapidly … those things are really difficult to predict,” said University of Florida finance professor Jay Ritter, who tracks public listings. Marco Iachini, senior vice-president of research at Vanda Securities, said individual investors piled into Digital World stock after the Trump deal was announced, and again in January, after he won the Iowa primary. This week, he said there’s been less activity, a sign that professional firms may be the ones driving the trading. Whatever is motivating buyers, Mr Trump, whose main contributions to Trump Media have been his name and posts on the platform, appears poised to be the top beneficiary. “It’s an enormous transfer of value from [investors]… to Trump, which stands to be extremely lucrative for him,” says Michael Ohlrogge, a law professor at New York University who has studied listings of companies such as Trump Media. Related TopicsMergers and acquisitionsInternational BusinessDonald TrumpUnited StatesMore on this storyTrump needs a $464m bond. What if he can’t get it?Published1 day agoReddit shares jump in New York stock market debutPublished5 hours agoTop StoriesBlood test reveals best lung cancer treatmentPublished4 hours agoUK’s highest student loan revealed to be £231,000Published3 hours agoConcerns raised over Steve Barclay’s role in waste projectPublished5 hours agoFeaturesThe Papers: Women ‘owed’ payouts after £35bn ‘Waspi sting”I want the £45,000 state pension that was stolen from me’Inside the ice cream van feeding familiesApple becomes the latest tech giant under siegeWhy Trump may reap billions in a stock market merger‘I want to help people fly – and keep them safe’’I couldn’t photograph The Beatles, but I could do Oasis’How an obscure horoscope clip got on Ariana’s latestUK sees biggest increase in poverty for 30 yearsElsewhere on the BBCAre you ready for a challenge?Test your pop knowledge with Vernon Kay’s music quizAttributionSoundsTracking down online trolls…Behind striker Neal Maupay’s struggle with an extreme case of online hateAttributioniPlayerUnearthing China’s terracotta armyIn 1974 a chance find by Chinese farmers led to an astonishing archaeological discoveryAttributionSoundsMeet some adorable hamsters from Wales…This family loves Casualty, News, Sport and the odd murder show!AttributioniPlayerMost Read1Starmer urges Nike to change new England kit cross2UK’s highest student loan revealed to be £231,0003Why Trump may reap billions in a stock market merger4Women ‘owed’ payouts from £35bn ‘Waspi sting’5Rayner says questions over her tax are a ‘smear’6’I want the £45,000 state pension that was stolen from me’7Blood test reveals best lung cancer treatment8Robinho arrested in Brazil to serve rape sentence9Concerns raised over Steve Barclay’s role in waste project10Apple becomes the latest tech giant under siege](https://newsinsightplus.com/wp-content/uploads/https://ichef.bbci.co.uk/news/1024/branded_news/EFCC/production/_132988316_whatsubject.jpg)
![BBC HomepageSkip to contentAccessibility HelpYour accountLiveNotificationsHomeNewsSportWeatheriPlayerSoundsBitesizeMore menuMore menuSearch BBCHomeNewsSportWeatheriPlayerSoundsBitesizeCBBCCBeebiesFoodClose menuBBC NewsMenuHomeIsrael-Gaza warCost of LivingWar in UkraineClimateUKWorldBusinessPoliticsCultureMoreTechScienceHealthFamily & EducationIn PicturesNewsbeatBBC VerifyDisabilityWorldAfricaAsiaAustraliaEuropeLatin AmericaMiddle EastUS & CanadaIntruder spills 60,000 litres of wine worth €2.5m at Spanish wineryPublished36 minutes agoShareclose panelShare pageCopy linkAbout sharingImage source, AFPImage caption, The attacker was reportedly familiar with the winery groundsBy Ido VockBBC NewsA Spanish winery has suffered losses of more than €2.5 million (£2.1 million) after an unidentified intruder emptied 60,000 litres of wine.A representative of the Cepa 21 winery told the BBC the wine spilled came from two of the winery’s most expensive varieties, Horcajo and Malabrigo.He said the incident took place at about 03:30 local time (02:30 GMT) on Sunday and that the intruder was likely familiar with the winery grounds. Police are investigating the case.In CCTV, a hooded person can be seen moving between tanks and rapidly opening them, causing their contents to spill on to the floor. The Cepa 21 representative told the BBC that it was “very hard to open the tanks”, which include a security mechanism, without prior knowledge. Therefore, he said, it could be assumed that the intruder “is used to opening these tanks and is familiar with this kind of machinery”. He added: “This person was moving very smoothly [across the winery grounds], even though it was dark and there was no light.”This must be a person who knows the grounds well.” But he said it was too early to speculate on their identity and said there were no grounds to suspect current or former employees at this stage.The intruder opened five tanks, although only three were filled with wine.Cepa 21 is located in Castrillo de Duero, a small village in north-western Spain. Horcajo wine retails for around £80 a bottle in the UK, while Malabrigo sells for £35.Related TopicsSpainWineMore on this storyGlobal wine production falls to 62-year lowPublished7 November 2023France to spend €200m destroying wine as demand fallsPublished25 August 2023Top StoriesBody found in search for Clapham attack suspectPublished1 hour agoWilliam wants ‘end to fighting’ in Middle EastPublished4 minutes agoStrictly dancer Robin Windsor dies aged 44Published3 hours agoFeaturesWatch: Robin Windsor’s glittering Strictly moments. VideoWatch: Robin Windsor’s glittering Strictly moments’Evacuating was a mistake’: Israelis push to return to border homesHow Russia has rebranded Wagner in AfricaOne of UK’s ‘most advanced’ vertical farms opensWHO releases video from inside raided Gaza hospital. VideoWHO releases video from inside raided Gaza hospitalWho is Julian Assange and why is he facing extradition?Boarders: ‘We all have to code switch to survive in life’Navalny’s widow faces daunting challengeHow an asbestos scare has sent Sydney scramblingElsewhere on the BBCHaving the world’s most common mental health conditionExploring how anxiety culturally manifests and what it looks and feels like first handAttributionSoundsWhy do people behave the way they do on social media?Marianna Spring investigates extraordinary cases of online hate to find out…AttributioniPlayerDouble lives, mental trickery, manipulation and loveVicky Pattison explores the story of a woman who was the target of an online fraudsterAttributionSoundsGlaswegian superstars Texas live from Maida ValeSoaring vocals, stripped back classics and unmissable covers!AttributioniPlayerMost Read1Body found in search for Clapham attack suspect2Strictly dancer Robin Windsor dies aged 443William wants ‘end to fighting’ in Middle East4Tate & Lyle’s Golden Syrup rebrand drops dead lion5UK recession may already be over, says Bank boss6Triple killer’s sentence to be reviewed7TV presenter’s rail rant leads to apology8Brightest and hungriest black hole ever detected9Bomber’s friend granted private parole hearing10Lobbying scandal MP loses suspension appeal](https://newsinsightplus.com/wp-content/uploads/https://ichef.bbci.co.uk/news/1024/branded_news/C2B9/production/_132694894_mediaitem132694893.jpg)
