Complex sentence: The Oxford Union is currently only the reigning European and British & Irish Champion in University Debating, having lost the World debating title in the final against Sydney University Debating team at the recent World University Debating Championships in Turkey.
Split into simpler sentences: The Oxford Union is currently only the reigning European and British & Irish Champion in University Debating. Having lost the World debating title in the final against Sydney University Debating team at the recent World University Debating Championships in Turkey.