The News Centre is the hub of FIFA Manager 10. It is here that you are introduced to the main menu areas – Team, Transfers, Club, Career and Options, as well as your news alerts. News alerts could be anything from injury news to alerts informing you that a player contract is due to expire.

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Other menu items that are available (via the top-right icons) are Website, Stats, MAT (Match Analysis Tool), European Stats, Player Search and Search History.
The Website link takes you to an in-game version of Sky Sports News, while the Stats and MAT include quite extensive information that you can use to analyse your teams performance.
On the first day, you might have the chance to negotiate new sponsors. You can either choose to do this yourself, or use the Assistant button to make an automatic choice.
Also on the first day the club chairman takes the opportunity to outline the season's objectives. These might be qualification for the continental competitions or avoiding relegation, depending on the status of your club.