Bent puts seal on record Villa move January 18, 2011 ASTON VILLA have smashed their transfer record by paying £18m – a fee which could eventually rise to £24m – to Sunderland for England striker Darren Bent. Bent, who signed a four-and-a-half year deal, denied his move was motivated by money. He said: “I could could have gone to West Ham for more money but [...]
Calls for new London airport January 18, 2011 CALLS for expansion at Heathrow were rekindled yesterday after a report found the airport was losing out to European rivals. The report, overseen by Transport for London deputy chairman Daniel Moylan, found rivals including Frankfurt, Madrid and Paris had pushed Heathrow to seventh in terms of destinations served by international airports worldwide, from second in [...]
Babel looks set for Hoffenheim switch January 18, 2011 HOLLAND forward Ryan Babel looks set to part company with the Liverpool after an offer from German side Hoffenheim was accepted. Babel cost Liverpool in excess of £10m when he arrived from Ajax in 2007 but scored just 22 goals in 146 appearances. Liverpool are expected to use the funds from the Babel transfer to [...]
CITY VIEWS: DOES LONDON NEED MORE AIRPORT CAPACITY? January 18, 2011 PAUL KNIGHT | LLOYDS “No, I would be against any expansion in the City. It’s already congested in the City and it’s not too much hassle to get to Heathrow. The links there are reasonably efficient as it is.” ANDREW MACEWAN | LORIEN “More capacity would be good. I flew down this morning from Edinburgh to [...]
City firm to put £1m into fencing January 18, 2011 CITY insurance firm Beazley has pledged £1m of funding for British fencing to boost hopes of Olympic gold at London 2012. The five-year partnership comes at a crucial time for the sport following 59 per cent cuts in funding from UK Sport. The investment will be put towards GB teams, the British Fencing National Academy [...]
White admits interest in RFU job January 18, 2011 RUGBY UNION: South Africa’s World Cup winning coach Jake White is considering applying to become the Rugby Football Union’s new performance directo. “I am interested but I am waiting for a detailed job description and to find out how much responsibility the director will have,” said White, who is spending this week with London Irish [...]
England pondering pace options January 18, 2011 CRICKET: England seam quartet Ajmal Shahzad, Chris Tremlett, Steven Finn and Chris Woakes have been left sweating on their World Cup places after bowling coach David Saker admitted conditions in the sub-continent are likely to mean there will be only four spots left for pace bowlers. England name their 15-man squad today, and with James [...]
Olazabal confirmed as skipper January 18, 2011 GOLF: Jose Maria Olazabal has been unveiled as Europe’s Ryder Cup. The Spaniard, 44, succeeds Colin Montgomerie and will become the third continental European to lead the side when the 2012 tournament takes place a the Medinah Country Club in Illinois.
Risk concern driving cash to hedgies January 18, 2011 INSTITUTIONAL investors are planning to increase their allocations to hedge funds in the next year, a new report by SEI and Greenwich Associates shows. Fifty-four per cent of 97 investors surveyed said risk management was the greatest appeal of the asset class. The survey shows that hedge funds are increasingly seen as a mainstream asset class, rather [...]
IBM shares rally after strong results January 18, 2011 IBM’s results exceeded expectations last night, raising hopes that global companies are becoming confident enough to spend more on technology. IBM shares rose 2.4 per cent after-hours to $154.34 after the company reported net income for the fourth quarter of $5.3bn (£3.3bn), or $4.18 per share, compared with $4.8bn, or $3.59 per share, a year [...]
