SPORT IN BRIEF September 16, 2009 Brady and Sullivan seek Brum exit FOOTBALL: Birmingham City chief executive Karren Brady and PLC chairman David Sullivan will leave the club if Hong Kong businessman Carson Yeung completes his takeover of the club as expected. Yeung’s company Grandtop International Holdings have formally lodged a takeover bid after sending out official offer documents to shareholders. [...]
Kuyt shows his off-target Reds the way September 16, 2009 LIVERPOOL (1) vs DEBRECEN (0) LIVERPOOL boss Rafael Benitez insisted he was happy with his team’s effort despite struggling to a narrow victory over Champions League minnows Debrecen. Dirk Kuyt’s winner on the stroke of half time proved the difference between the two sides in Benitez’s 300th match in charge. Five-time champions Liverpool were expected [...]
Eduardo rescues lax Arsenal September 16, 2009 STANDARD LIEGE (2) vs ARSENAL (3) ARSENAL boss Arsene Wenger hailed Eduardo after the striker celebrated the scrapping of his European ban by sealing a sensational comeback victory in Belgium. Wenger’s sloppy Gunners suffered a cataclysmic start to their opening Champions League group game, falling two goals behind inside the first five minutes. Forward Nicklas [...]
Blues chief exec Kenyon to leave role next month September 16, 2009 CHELSEA chief executive Peter Kenyon will leave his full-time role at the end of October, after six years at the forefront of the most successful spell in the club’s history. The Blues said yesterday that Kenyon, 55, would retain a role as non-executive director and continue to represent the Premier League leaders on European committees. [...]
Boss Briatore quits amid Renault race-fixing row September 16, 2009 RENAULT’S future in Formula One was left hanging by a thread last night after boss Flavio Briatore left the team to face the music on charges of fixing the 2008 Singapore Grand Prix. Briatore quit along with executive director of engineering Pat Symonds after the French team decided not to contest the charges ahead of [...]
Even a saloon can be sexy when it’s made by Porsche September 15, 2009 IT was with surprise that we learnt that Porsche was going to build a four-door car. Porsche has always made two-door sportscars, why would it want to sink its teeth into the saloon market? But the same question was asked when they went into 4×4 territory with the Cayenne. There are enough manufacturers out there [...]
Pity in the City for Lehman victims September 15, 2009 YESJEREMY HAZLEHURSTWHEN City workers lose their jobs, there will always be plenty of people who cheer. There is a perception out in the country that everybody who works in the Square Mile is an unscrupulous, greedy moneybags banker, spending their evenings wallowing in champagne and caviar. The truth is that most people who work for [...]
Lloyds tops list of complaints against high street banks September 15, 2009 LLOYDS Banking Group has emerged as the major UK bank with the highest level of successful complaints made about it by consumers in the first half of the year, according to the Financial Ombudsman Service (FOS). FOS data reveals that 81 per cent of cases settled in the six months to 30 June involving Lloyds [...]
Ashmore team sells shares as profits hit September 15, 2009 EMERGING markets fund manager Ashmore unveiled a £35.3m fast-track share placing that will see its employees reduce their holdings in the company by 2.2 per cent, as it reported a fall in full-year profits. The group said banking giants Goldman Sachs and UBS are to oversee the sale of 15.6m shares to institutional investors under [...]
CITY MOVES WHO’S SWITCHING JOBS September 15, 2009 Conduit Capital MarketsThe mid-market institutional derivatives and securities dealer has appointed Rakesh Chhabra as its new chief financial officer. Chhabra qualified at Moore Stephens and joined Coopers and Lybrand in 1994. He worked at Mesirow Europe before being appointed to his most recent role as finance manager at Knight Equity Markets International Limited, where he [...]
