Daily News Channel
Manchester United have made their first signing of the summer after confirming a deal has been done for Wigan Athletic winger Antonio Valencia. The 23-year-old Ecuador international has signed a four-year contract after moving for an undisclosed fee, believed to be in the region of £16 million ($23 million). Valencia is expected to help fill the void left by Cristiano Ronaldo following the Portuguese winger’s impending 80 million euros ($130 million) move to Real Madrid
Max Mosley, the president of motorsport’s governing body the Federation Internationale de l’Automobile (FIA), has said there "will be a unified Formula One championship in 2010." The statement comes after Mosley spoke to the FIA’s World Motor Sport Council and the Formula One Teams’ Association (FOTA), at the governing body’s headquarters in Paris. It seems FOTA, as the representitive of all eight teams that had threatened to set up a rival series, have settled their differences with the controversial racing boss. Mosley has reportedly confirmed a cost-cutting deal has been reached with those concerned which has ensured a deal for the next season.