Lampard: FA Cup would be ideal boost May 28, 2009 CHELSEA vs. EVERTON CHELSEA’S Frank Lampard insists FA Cup glory is the least they deserve for their rapid improvement under Guus Hiddink.Dutchman Hiddink’s tenure as temporary manager will come to an end after tomorrow’s season-ending Wembley showpiece against Everton. The erstwhile Russia coach has transformed the Blues from no-hopers to challengers for three trophies since [...]
Rio: ‘We’ll be back stronger’ May 28, 2009 RIO FERDINAND insists his Manchester United team-mates are man enough to handle Wednesday night’s crushing Champions League final defeat to Barcelona – and has backed them to come back stronger. Dejected Ferdinand flew back to England with the rest of the United squad yesterday after failing in their bid to become the first side to [...]
Al Fahim eyes Sven for Pompey May 28, 2009 PROSPECTIVE Portsmouth owner Sulaiman Al Fahim is looking to bring former England manager Sven-Goran Eriksson back to the Premier League. Al Fahim had an official offer for the south coast club accepted on Wednesday and is expected to complete the takeover from current owner Alexandre Gaydamak in the next few weeks. The Arab property magnate [...]
Torres pens extended contract May 28, 2009 LIVERPOOL have completed their most important deal of the summer by securing the signing of star striker Fernando Torres on an extended contract. The Spaniard, who has netted 50 goals in two seasons at Anfield, had four years left on his original six-year contract, but has now been offered improved terms and an extension to [...]
FSA reveals stress model May 28, 2009 THE stress tests used by the Financial Services Authority (FSA) to determine the health of UK banks envisaged a grim scenario in which unemployment hits 3.7m, house prices are cut by half and the recession continues for another 18 months. The City watchdog used the nightmare scenario to judge how a deep and lengthy recession [...]
Coyle close to agreeing new deal May 28, 2009 BURNLEY boss Owen Coyle is “very close” to agreeing a two-year extension to his contract, thus turning his back on Celtic. Coyle was linked with the Scottish giants after steering the Clarets into the Premier League via the play-offs. But chairman Barry Kilby said: “I fully expect it to be signed in the very near [...]
CITY VIEWS: DO YOU AGREE WITH THE FSA’S DIRE ECONOMIC ASSUMPTIONS? May 28, 2009 MO MAYET INGRAM MAYET“I think their predictions are very gloomy – and that scaremongering like that isn’t going to help matters. I think the economy will remain stable for the next 12 months or so and then recover steadily, but I’m shocked by the FSA’s predictions.” MICHAEL PERISSINOTTO MIZUHO“I think these figures sound a lot [...]
STRESSED OUT May 28, 2009 STRESS TEST MODEL:Peak to trough fall in GDP of 6%REALITY:GDP has now declined 4.1% from its peak in the first quarter of 2008 STRESS TEST MODEL: Unemployment will rise to just over 12%REALITY:Unemployment is currently 7.1% for the three months to March 2009 STRESS TEST MODEL: House prices will fall 50% to peak to troughREALITY:According [...]
Credit Suisse to sell London offices May 28, 2009 Credit Suisse has kicked off a sale of its London property portfolio to raise as much as £500m. The investment bank has asked property firm CB Richard Ellis to start marketing the smaller of its two buildings in Canary Wharf, 20 Columbus Court, and it is believed that its tower at 1 Cabot Square may [...]
Time Warner disconnects AOL May 28, 2009 Time Warner said yesterday it’s board has approved plans to separate out its AOL division, in a widely expected move that will rid the media giant of one of its weakest divisions.Due to be completed at the end of this year, the deal would once again make AOL an independent, publicly traded company, and close [...]
