Liverpool in turmoil after owners lose 46m in year June 4, 2009 THE FUTURE of Liverpool owners Tom Hicks and George Gillett is in “significant doubt” unless £350m of debt is refinanced before next month’s deadline, the club’s accountants KPMG warned last night. Kop Football (Holdings) Ltd, the parent company of Americans Hicks and Gillett, made a £42.6m loss for the year ending July 2008, according to [...]
Scotland name Robinson coach June 4, 2009 RUGBY UNION: Former England boss Andy Robinson was yesterday named head coach of Scotland. Robinson, whose poor spell with England ended in 2006, has left Edinburgh after almost two years in charge. “This is a wonderful opportunity to get back into Test rugby,” he said. “I’m confident I can take the national team onto bigger [...]
Martinez set for Wigan return June 4, 2009 FOOTBALL: Wigan hope to name Roberto Martinez as their new manager today after agreeing compensation of around £2m with Swansea. Former Wigan midfielder Martinez, 35, held talks with his old club yesterday about succeeding Steve Bruce. Wigan chairman Dave Whelan said: “Hopefully things will be sorted out and contracts signed by this morning.”
Fancied Sariska has competition in the perfect starter at Epsom June 4, 2009 THE Oaks at Epsom today makes the perfect starter for the main course of the Derby tomorrow. Sariska is Paddy Power’s current market leader for the Oaks but other leading contenders include Rainbow View, who hated the firm ground in the Guineas, and Midday, who bids to give trainer Henry Cecil a ninth Oaks win. [...]
Safina and Kuznetsova to meet in all-Russian final June 4, 2009 WORLD No1 Dinara Safina admits she is deperate to win her first Grand Slam after beating Dominika Cibulkova to set up an all-Russian French Open final. Safina got away with an error-strewn performance against the Slovakian 20th seed to win 6-3, 6-3, and take another step closer to her first major title. Last year’s runner-up [...]
Captain Colly has success in his sights June 4, 2009 CAPTAIN Paul Collingwood believes his England side have what it takes to cause an upset and lift the World Twenty20 trophy on home soil. Colllingwood is looking to become the first England skipper to lift a major international trophy and says his men are in good spirits following their recent one-day success over the West [...]
FINANCE GRANDEES GRACE ARK’S PARTY OF THE YEAR June 4, 2009 TWO fingers to the downturn: despite the current economic woes, nearly 900 of the world’s wealthiest financiers and celebrities descended on Waterloo station last night for the premier charity event of the year, hedge fund king Arki Busson’s annual Ark gala dinner. Busson, the boss of Swiss fund of hedge funds EIM, and his fiancé, [...]
YOU’RE HIRED June 4, 2009 SIR Alan Sugar was yesterday called to Downing Street and asked to be Gordon Brown’s “enterprise tsar”. It is not thought that Sugar will become a minister, but No. 10 is hoping that the appointment of a household name like Sugar will add some stardust to Brown’s increasingly problematic reshuffle.
Countrywide founder is formally charged by SEC June 4, 2009 ANGELO Mozilo, co-founder of what was once the largest mortgage broker in the US, Countrywide Financial, has been charged by regulators for misleading investors, along with two of his former executives. US financial regulator the Securities and Exchange Commission (SEC) has filed a civil lawsuit in a Los Angeles federal court against Mozilo, former Countrywide [...]
Fed is cautious on mortgage securities June 4, 2009 THE Federal Reserve was yesterday playing down expectations that it would prop up the market for mortgage-backed securities. The preisdent of the New York Fed said it was still assessing whether or not to include residential mortgage-backed securities in its ambitious consumer lending programme. “No decisions have been made yet,” William Dudley said in response [...]
