Briefs | Loew staying on as Germany coach despite exit

Germany coach Joachim Loew is staying on despite the team’s shock first-round World Cup exit. The German football federation (DFB) announced yesterday it was informed by Loew that he wished to remain and “rebuild the team.” In turn, the DFB promised him support, and he was “trusted to draw the right conclusions from the World Cup exit.” The decision comes five days after Germany, the defending champion, finished bottom of its group after loses to Mexico and South Korea. “We had a very open and honest exchange in which we spoke about a lot of points. We are all convinced that in Loew we have a national coach who will analyze very precisely, take the right steps and lead our team back on the path of success,” DFB president Reinhard Grindel said.

Poland coach fired after 2-loss, 1-win

The head of the Polish Football Federation says national coach Adam Nawalka will not have his contract extended after Poland failed to advance from the group phase at the World Cup. Nawalka will stay in the job only until July 30. In Group H games in Russia, Poland lost to Senegal 2-1, and to Colombia 3-0. Poland beat only Japan 1-0. Nawalka said he felt responsible for the team failing to meet expectations at the World Cup, and did not do a very good job choosing the players. He has coached Poland since November 2013.

Real Madrid denies report of USD360m offer to buy Neymar

Real Madrid has denied a report that it has offered to buy Neymar from Paris Saint-Germain for a world record transfer of 310 million euros (USD360 million). Madrid says the report by Spanish public broadcaster TVE is “absolutely untrue,” adding the team “made no offer of any kind to PSG or the player.” The statement was published hours after Neymar scored to help Brazil beat Mexico 2-0 and advance to the World Cup quarterfinals. Paris Saint-Germain is under pressure from UEFA to raise cash from selling players. The French club needs to help comply with “Financial Fair Play” rules which monitor overspending on transfers and wages. PSG spent a record 222 million euros ($260 million) last year by buy Neymar from Barcelona. UEFA warned the French champions three weeks ago they will “remain under close scrutiny” when they submit accounts for the financial year, which ended last Saturday.