Barca chief warns Arsenal: Fabregas is worth less than 12 months ago June 16, 2011 BARCELONA have cast further doubt on the prospect of Cesc Fabregas leaving Arsenal for his native Catalonia this summer by insisting his value has fallen over the last 12 months. The European Champions say they are not prepared to offer the £35m they tabled for Fabregas last year because the 24-year-old – who made just [...]
England lifted by impressive Rose Bowl comebacks for Anderson and Tremlett June 16, 2011 ENGLAND seamer Chris Tremlett returned to the Rose Bowl yesterday and gave those fans who braved the elements reason to cheer as Sri Lanka’s batting wavered on a rain hit first day of the third Test. The 6ft 7in quick in tandem with James Anderson, who was making his comeback from a side injury, took [...]
Fame And Glory for O’Brien June 16, 2011 Ballydoyle trainer celebrates Gold Cup and targets success at Longchamp THE AIDAN O’BRIEN trained Fame And Glory will head for the Arc De Triomphe in October full of confidence after landing a major gamble to take the Ascot Gold Cup on day three of the Royal meeting. The son of Montjeu was trimmed to 11/8 [...]
Hantuchova overpowers Venus June 16, 2011 TENNIS: Five-time Wimbledon champion Venus Williams’ preparations for another SW19 title suffered a blow yesterday when she lost 6-2, 5-7, 6-2 to Daniela Hantuchova in the quarter-finals of the AEGON International at Eastbourne. Williams, who has just returned from a lengthy injury absence, is seeded 23 for next week’s grand slam.
Bruins win sparks Canucks riot June 16, 2011 ICE HOCKEY: Rampaging Vancouver Canucks fans torched cars, stabbed people and looted shops in a night of devastating riots after their team lost the deciding match of the Stanley Cup finals 4-0 to the Boston Bruins. Police used tear gas in the streets of the Canadian city for the first time since 1994, when similar [...]
Woodgate released by Spurs June 16, 2011 FOOTBALL: Tottenham have released injury-plagued defender Jonathan Woodgate after failing to agree a pay-as-you-play deal with the 31-year-old. Former Arsenal captain Patrick Vieira, 34, is also on the list of free agents after leaving Manchester City.
GREEK DEBT WOES RATTLE MARKETS June 16, 2011 CHAOS-HIT Greece was offered a lifeline by international lenders last night, yet the ongoing debt crisis failed to dampen the fears of contagion playing havoc with the markets. During the day two-year Greek yields spiked to over 30 per cent, with the cost of several amounts of Greek debt hitting fresh records. The effects were [...]
Laird jumps as it spurns US group’s £493m bid June 16, 2011 ONE of the most famous names in British shipbuilding has rejected a £493m bid from US firm Cooper Industries, citing the offer as too low and “opportunistic”. Laird confirmed yesterday that its board had unanimously rejected a 185p per share in cash offer from across the pond, saying that it “substantially undervalues the company and [...]
Apollo set for £200m deal June 16, 2011 BERRY Plastics, a manufacturer majority-owned by US private equity giant Apollo, is on the cusp of signing a £200m deal to acquire a bottling unit owned by FTSE 100 packaging firm Rexam, City A.M. has learned. Rexam is in exclusive talks with Berry Plastics and is poised to sign the deal to sell a lids-manufacturing business that [...]
Why Greece is the new Lehman Bros June 16, 2011 IT is a tale of two economies and two very different responses to catastrophe. Last week, the Icelandic government borrowed $1bn on the bond markets, paying only just over 3 per cent interest. It is an astonishing recovery for a country that just two years ago was written off as a bankrupt, discredited pariah, its [...]