Newcastle merry-go-round will unsettle players December 8, 2010 A FEW weeks ago it was Ray Wilkins, now it’s Chris Hughton. Another club dispensing with the services of an important part of their success. I just can’t understand it. More baffling still is the idea of Newcastle replacing Hughton with Alan Pardew, a manager who has achieved little that the previous incumbant hasn’t. Pardew [...]
City out with a whimper – not a bang December 8, 2010 ANOTHER day, another regulatory assault on the City from Brussels. The latest version of the Mifid proposals, if implemented, could chase away trading from Europe. It would be yet another self-inflicted goal, destroying jobs, prosperity and opportunities. No wonder, therefore, that as a report from Policy Exchange reveals this morning, many finance professionals, especially the [...]
Blatter accuses England of being sore losers and claims Fifa are squeaky clean December 8, 2010 FIFA president Sepp Blatter has described England as “bad losers” over the fall-out from the failed 2018 World Cup bid. Blatter also rejected the corruption allegations printed and broadcasted by the British media and said he was being targeted by anti-FIFA journalists. He said: “To be honest, I was surprised by all the English complaining after [...]
AT A GLANCE: EU PLANS FOR TRADING OVERHAUL December 8, 2010 MARKET STRUCTURE – Introduce a new regulatory category of organised trading facility for all trading outside current MiFID categories. – This should become a fully fledged regulated multilateral trading facility if volumes are above a certain threshold. – A new sub-regime for broker crossing networks inside banks to cover all types of financial instruments. – [...]
Pavlyuchenko to sign new Spurs deal December 8, 2010 TOTTENHAM have opened contract talks with Roman Pavlyuchenko less than a year after the Russian striker seemed destined to leave White Hart Lane. Pavlyuchenko, 28, appeared to be on the verge of sealing a switch to Birmingham City in January but the two clubs were unable to agree a fee. Now, the striker’s agent has [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 8, 2010 FINANICAL TIMES FRESH WOES FOR DE LA RUE OVER FRENCH OFFER De La Rue first received an £820m takeover approach from François-Charles Oberthur Fiduciaire, a French banknote printing rival, as long as eight weeks ago, it emerged on Wednesday. The disclosure comes as the crisis-hit FTSE 250 company defends itself against criticism from some shareholders [...]
Klitschko calls off Chisora fight December 8, 2010 BOXING: Wladimir Klitschko has pulled out of Saturday’s fight with Dereck Chisora and opened negotiations for a world heavyweight title clash with David Haye. Klitschkos cited a back muscle problem last night. Golden Boy Chief Executive Richard Schaefer said: “Wladimir’s people told us that the fight this weekend is off and asked us to start [...]
Plymouth handed 63-day lifeline December 8, 2010 FOOTBALL: Plymouth Argyle were yesterday given two months to clear their tax bill by a High Court judge. The League One club and a related property company were facing winding-up petitions for over £760,000 owed to HM Revenue & Customs but have been granted 63 days’ grace. The Home Park club told the court they [...]
Brussels calls for criminal punishments December 8, 2010 BRUSSELS may demand that countries impose criminal penalties for breaking some financial rules, in a bid to toughen up regulation across the European Union. In a second consultation paper yesterday about financial penalties, EU officials said there was too much variation in sanctions between countries. One proposal is for Brussels to set minimum penalties across [...]
Byrne out for five weeks December 8, 2010 RUGBY UNION: Wales and Ospreys full-back Lee Byrne will miss his club’s Heineken Cup double header against Munster with a fractured thumb. The 30-year-old British and Irish Lions star was criticised by Ospreys for failing to attend an appointment with a specialist to assess the severity of the injury which has now ruled him out [...]