By: Joe Hall

I'm a sports and sports business journalist with City A.M. Follow me for coverage of the industry behind sports and the money made by top athletes. I've provided expert commentary on sports business for both TV and radio, including the BBC World Service. My email is always open to tips and story ideas: joe.hall@cityam.com

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RBS to receive £1.1bn from US hedge fund Cerberus for Irish home loans portfolio

December 16, 2014

Royal Bank of Scotland will raise £1.1bn from the sale of a portfolio of Irish real estate loans to hedge fund Cerberus Capital Management. The distressed assets generated losses equal to £800m for RBS in 2013, primarily due to impairment, and the lender now says it will use the sale proceeds for general corporate [...]
Sydney siege: Three dead including gunman and four injured in attack at Lindt Cafe

December 15, 2014

Three people have died including the 50-year old hostage taker and four were injured after police stormed Lindt chocolate cafe in Sydney's central business district following a 16-hour siege, New South Wales police said at a press conference. Two hostages — a man aged 34 and a woman aged 38 — were pronounced dead after [...]
O2 or EE? BT to announce preferred mobile operator in £10bn takeover “early next week”

December 15, 2014

Mobile operators EE and O2 will this week learn whether they have won the billions of British Telecom (BT) in a takeover deal. Update: BT has confirmed it has entered into exclusive talks with EE According to a report in The Sunday Times, BT has this weekend been finalising a deal one of [...]
Champions League draw: Arsenal gifted easy Monaco draw, but Chelsea and Manchester City handed tough ties

December 15, 2014

Arsene Wenger will head back to his old stomping ground Monaco next year, after Arsenal drew the French side for the Champions League last 16. Meanwhile, Manuel Pellegrini and Jose Mourinho will be wary of two tough-looking draws for Manchester City and Chelsea, against Barcelona and Paris Saint-Germain respectively. The Gunners have failed [...]
Nottingham Forest, Leeds United and Blackburn Rovers all hit with transfer restrictions from Football League

December 15, 2014

Nottingham Forest, Leeds United and Blackburn Rovers have been hit with transfer restrictions for the rest of the season. The three Championship clubs failed to meet The Football League's financial fair play (FFP) regulation for last season, limiting clubs to maximum permitted deviation of £8m. The Football League has now issued an ‘FFP [...]
Sydney cafe siege: Uber offers free rides after price rise triggers angry criticism

December 15, 2014

Taxi firm Uber is offering customers in Sydney free rides out of the city’s central business district, where at least one gunman is currently holding a group of people hostage in a cafe. Uber had initially come in for criticism after its price for rides in the area surged to a minimum $100 as [...]
Ally McCoist resigns: Salary to increase to £750,000 as manager serves 12 month notice period

December 15, 2014

Rangers Football Club has confirmed to potential investors that manager Ally McCoist has resigned and is serving 12 months' notice. During the notice period, the Rangers manager since 2011 will see his salary increase to £750,000 per year. McCoist’s contract with the club includes the 12-month notice period, but Rangers said in a [...]
UN states have inked deal on climate change

December 14, 2014

UNITED Nations member states yesterday agreed on how to tackle climate change, after slow negotiations at the Lima Call for Climate Action ran almost two days over time. For the first time every country will be committed to drawing up a national pledge to cut greenhouse gas emissions. However, environmental groups said the deal had [...]
Transport for London to make paying for Boris bikes simpler

December 14, 2014

Transport for London (TfL) is hoping to boost the number of bums on bikes by simplifying the payment scheme. Customers who want to use Boris Johnson’s flagship scheme currently have to negotiate eight different pricing categories. But from 2 January onwards, the charges will be set at a flat £2 per 30 minutes [...]
Japan general elections: Abenomics given boost by comfortable win for Prime Minister Shinzo Abe

December 14, 2014

Japanese Prime Minister Shinzo Abe swept to a comfortable win in a ‘snap’ general election called to secure a tighter grip on power and gain a green light to push ahead with his ‘Abenomics’ policies. Abe’s ruling Liberal Democratic Party (LDP) and its junior partner Komeito swept to a big win of 333 of [...]

P&O Ferries hikes prices as Iran war puts holidays on brink

Formula 1’s reaction to season disruption a lesson for Fifa World Cup

Polestar 3: Swedish electric SUV delivers premium performance

By: Joe Hall

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