Moved from Photoshop for Beginners forum to Premiere Elements forum
In PrE, you would create a New Project, for either NTSC DV 720 x 480, or PAL DV 720 x 576, depending on where you live - NTSC-land, or PAL-land, and then Standard 4:3, or Widescreen 16:9, depending on how the footage on that DVD was shot.
Next, Import the VOB's from that DVD-Video, with Add Media>Folders and File, navigating to that DVD-Video disc in your multi-drive.
Drag the files from the Project Assets Panel to the Timeline, and Trim those, as needed. An alternative to that method would be to Dbl-click on each VOB in the Project Assets Panel, to Open each in the Source Monitor, where you can set the In & Out Points, then drag that Trimmed segment to the Timeline, for additional editing.
When done, one can author to a DVD, either with, or without Menus, depending on what is desired.
One consideration is that you already have an MPEG-2 Video from that existing DVD-Video, and will then be Encoding again to MPEG-2 for the production of the "highlights" Video. There will be some quality loss, with that second Encode. I would keep the Duration of that Project's Timeline (where you are re-editing the DVD-Video) to about 60 mins., so that when you do burn that edited DVD-Video, you can do so at the highest Quality level, especailly if there is much motion, and with football, there will likely be.
Just a tip,
I would definitely suggest ripping VOBs from the DVD-VIDEO format on that DVD disc using
Premiere Elements 11
DVD Camera or Computer Drive
....selecting the video files starting with the naming VTS_01_1.VOB.
....putting check mark next to Add to Timeline
....designating an appropriate Save In location (tips can be provided on how to avoid problems when ripping VOBs from more than one DVD.
A major concern in this VOB ripping is possible audio out of sync. The Command Prompt method has resolved that type of issue if it presents.
Among the important information that one needs beforehand
a. PAL or NTSC
b. DVD-VIDEO standard (4:3) or DVD-VIDEO standard widescreen (16:9) on that DVD disc.
c. Estimated size of project going on the DVD in the burn to DVD process.
Please review. If more information or clarification needed, please do not hesitate to ask. By the way, is highlighting of players in the video part of the plans?