Sky share price rises above takeover offer: English Premier League victory could see Rupert Murdoch bowing out just at the right time February 15, 2018 Investors were clearly happy with Sky’s Tuesday night Premier League result, pushing the company’s shares to nearly £11 a pop during yesterday’s trading. The broadcasting giant’s stock eventually ended the day 7p higher than the £10.75 a share tabled by Rupert Murdoch’s 21st Century Fox. With the majority of Premier League TV rights decided, Sky [...]
Sky and BT Sport pay £4.46bn to share Premier League TV rights for 160 games between 2019/20 and 2021/22 February 13, 2018 After years of extraordinary revenue growth, the Premier League has sold its latest package of live TV games to Sky and BT Sport for a reduced per-match rate. The two media giants will pay a combined £4.46bn to televise 160 matches per season, between 2019/20 and 2021/22. Three years ago, Sky and BT Sport paid [...]
Outraged by Alexis Sanchez’s stratospheric pay? Try rethinking your attitude to capitalism February 1, 2018 Alexis Sanchez has moved to Manchester United on a reported salary of £350,000 per week, rising to £450,000 when his image rights are included, and £600,000 with potential bonuses. While the January transfer window has now closed, football pay has yet again opened a debate which goes to the very heart of capitalism itself. You [...]
World’s richest football clubs 2018: Manchester United hold off Real Madrid and Barcelona in Deloitte Football Money League January 23, 2018 Manchester United have retained their billing as the world’s richest club after they pipped European champions Real Madrid to first place in Deloitte’s Football Money League. United, who benefited from winning the Europa League and lucrative new Premier League broadcast contracts, outstripped Real and Barcelona last season despite the fall in value of the pound. [...]
Revealed: The seven best-value stocks to watch in 2018, according to Canaccord Genuity January 9, 2018 Despite a rocky 2017 which saw a number of lawsuits come to a head, Lloyds Banking Group has been named one of the most promising stocks to watch this year by Canaccord Genuity Wealth Management. Based on the value of the stocks at the moment and their potential to generate strong returns over the next [...]
Compass CEO Richard Cousins and family killed in plane crash: The City pays tribute January 2, 2018 Tributes have been paid to the FTSE 100 chief executive who was killed alongside his family in a New Year’s Eve plane crash. Richard Cousins, 58, the outgoing CEO of the world’s largest catering firm, Compass Group, died in a seaplane crash near Sydney Harbour on 31 December 2017. Also killed were Cousins’s two sons [...]
Revealed: Behind the scenes of Carillion’s annus horribilis December 21, 2017 Troubled construction giant Carillion hit the headlines again yesterday after it announced its interim chief executive Keith Cochrane will be replaced almost three months earlier than planned. When Andrew Davies, who was set to take over on 2 April 2018, starts on 22 January, he will become the company’s third chief executive in six months. [...]
Carillion share price: Behind the scenes of the construction giant’s annus horribilis December 21, 2017 Troubled construction giant Carillion hit the headlines again yesterday after it announced its interim chief executive Keith Cochrane will be replaced almost three months earlier than planned. When Andrew Davies, who was set to take over on 2 April 2018, starts on 22 January, he will become the company’s third chief executive in six months. [...]
Roy Hodgson: TV rescheduling over Christmas will take its toll on Crystal Palace squad December 14, 2017 Crystal Palace manager Roy Hodgson has bemoaned “harsh” fixture re-scheduling for TV that requires his side to play three Premier League games in six days over the Christmas period. The Eagles host Arsenal on Thursday 28 November, two days after most clubs play on Boxing Day, in an 8pm kick-off on Sky Sports. Hodgson’s men [...]
UK’s top accounting watchdog wants more powers from parliament following KPMG-HBOS probe November 30, 2017 The top accounting watchdog in the UK has called for accountants to be held to higher standards when auditing companies, after a probe into KMPG’s audits of HBOS in the run-up to the lender’s collapse failed to find the accountant guilty of misconduct. Read more: KPMG has been cleared of wrongdoing over its 2007 HBOS [...]