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VILNIUS Vernon Hargreaves III Youth Jersey , Oct. 24 (Xinhua) -- Former manager of the Lithuanian basketball team Antanas Guoga left one of the country's leading basketball clubs Lietuvos rytas, announced the club on Tuesday.
Guoga, a famous poker player, businessman Chris Godwin Youth Jersey , philanthropist and a member of the European Parliament, has sold his 20 per cent stake in the club to major shareholder Darius Gudelis. According to the announcement from Lietuvos rytas, Guoga also donated 300,000 euros Justin Evans Youth Jersey , which he previously lent to the club during its financial and management turmoil.
""We've managed to stabilize the situation, paid out the biggest part of the debts, and most importantly, we've brought back the fans to arenas O. J. Howard Youth Jersey ,"" Guoga, who led the national team in 2010-12, was quoted as saying in the announcement by Lietuvos rytas.
In June, Guoga bought out the part of the basketball club from its previous owners. Lietuvos rytas then experienced financial crisis and was on the brink of losing its place in the Eurocup Basketball tournament. At that time Carlton Davis Youth Jersey , the club was also involved in racial scandal due to remarks from its previous owners.
""We hope Antanas with his knowledge and contacts will continue contributing to the growth of Lietuvos rytas club,"" said Gudelis, who now owns 40 per cent the shares, was quoted as saying.
Despite positive remarks on Tuesday Vita Vea Youth Jersey , Guoga left Lietuvos rytas amid conflicts with the other shareholders of the club.
Recently, Guoga publicly accused other shareholders for making suspicious financial support contracts behind his back.
Currently, Lietuvos rytas is at the third place in the domestic league and fifth in the EuroCup tournament group.
In his recent interview to Xinhua, Guoga talked about his plans to bring Chinese basketball players to play in Lithuania.
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LA PAZ, Oct. 27 (Xinhua) -- The Union of South American Nations (Unasur) has received the go-ahead from Bolivian President Evo Morales to discuss with China the financing of a railroad which will connect the Atlantic to the Pacific.
"We have received authorization from President Morales to take the first financing steps with the Chinese government," Ernesto Samper, Unasur's secretary-general, told a press conference on Thursday.
He added that Unasur fully supported the trans-continental railway as it is good for Bolivia's growth, and also a tool for regional integration.
"It is worth clarifying that this is not a project for a Bolivian train but a multi-national project involving ... Brazil, Argentina and Peru, as well as certainly being relevant for Paraguay," said Samper.
According to Unasur, by 2021, the completed railway should transport 7 million passengers and 10 million tons of cargo.
The railway, which links the Atlantic and the Pacific, will begin at Puerto Santos in Brazil, cross Bolivia at Puerto Suarez, pass the municipalities of Santa Cruz, Montero and Bulo Bulo before entering Peru and ending at Puerto de Ilo.
The coast-to-coast railway was one of the main cooperation projects between China and Latin America promoted by Chinese Premier Li Keqiang during his four-nation tour of South America in May 2015, which included Peru and Brazil.
Bolivia is currently carrying out pre-investment studies to outline the commercial and logistical prospects, the strategic nature of the transport corridor along which the train would run, an environmental impact assessment, a preliminary design and the construction cost calculation.