Joker only ready to be played after group stage December 8, 2011 YESTERDAY’S decision is a huge positive for England but it will not change the mindset of manager Fabio Capello one bit, which will be to tackle the Euro 2012 group stage without Wayne Rooney. By the time Rooney’s two-match suspension has elapsed, England could be as good as out of the tournament, if fixtures against [...]
New England coach Lancaster ready to get tough December 8, 2011 Farrell and Rowntree also on board as new-look set-up aim to eradicate memories of dismal World Cup ENGLAND’S new interim head coach Stuart Lancaster intends to rule with an iron fist in an attempt to eradicate the disciplinary issues and laddish culture which undermined the Red Rose’s abysmal World Cup campaign. Lancaster, the England Saxons [...]
Mancini sets a new trophy target for City December 8, 2011 MANCHESTER CITY manager Roberto Mancini admits his side will need to end the season with two trophies if they are to compensate for the shattering blow of exiting the Champions League on Wednesday night. Having invested heavily over the summer in experienced Champions League campaigners such as Sergio Aguero, Gael Clichy and Samir Nasri, City [...]
Euro exit will test Ferguson’s powers of recovery December 8, 2011 THE BIGGER they come the harder they fall, and after Wednesday’s double Champions League knockout blow, the destiny of the Premier League title could well be determined by which Manchester heavyweight is able to rise from the canvas first. While United, the seasoned, battle-scarred campaigners are famed for their powers of recovery, City represent the [...]
CVC stands to lose £1.7bn as Nine talks fail December 8, 2011 PRIVATE equity firm CVC has failed to reach a deal with creditors to refinance A$2.6bn (£1.7bn) of debt in Nine Entertainment, sources said yesterday, putting the future ownership of the Australian media network in doubt. That leaves the London-based buyout firm facing one of the biggest potential single equity losses in private equity history, with [...]
Tuesday option for Manchester’s Europa clashes December 8, 2011 MANCHESTER rivals City and United face a fresh dent to their pride with the grim prospect of having their home Europa League fixtures shunted to a Tuesday afternoon a distinct possibility. Uefa regulations prevent teams from the same city playing on the same day and with both teams guaranteed a home second leg by virtue [...]
Son waits in wings as Farrell Sr called December 8, 2011 THE SURNAME Farrell might have raised eyebrows when it was included in England’s interim coaching set-up yesterday, but the indications are its presence at Twickenham is only likely to increase. While former dual-code international Andy Farrell, 36, was something of a surprise choice as one of temporary head coach Stuart Lancaster’s assistants, there will be [...]
BNP hires finance chief from Fortis December 8, 2011 BNP PARIBAS yesterday named Lars Machenil, an executive with the bank’s Fortis unit, as its new finance chief and said he would take up the position in March. Machenil, an 11-year veteran of Fortis, will succeed Philippe Bordenave, who last week was named group chief operating officer. The appointment is the latest piece of an [...]
Hoban says Solvency II likely to start a year late December 8, 2011 TOUGH new insurance industry regulation is highly likely to be brought into effect a year later than first planned, Treasury secretary Mark Hoban told an industry conference yesterday. Hoban said European governments and insurance groups were broadly agreed that new Solvency II capital rules for insurers should take effect in 2014 rather than 2013. “There [...]
Macro hedgies struggling to hold on to gains December 8, 2011 SOME of the hedge fund industry’s best-known macro hedge fund managers are struggling this year to generate returns befitting their star status. The market segment made famous by George Soros was down 3.09 per cent in the 10 months to 31 October, the HFRI Macro (Total) Index showed. In a 2011 littered with market-moving events, [...]
