New Chelsea FC sponsor CWM FX has offices raided by fraud squad, 15 workers arrested March 3, 2015 Forex trading firm CWM FX had its London offices raided by the police’s fraud squad today, resulting in at least 15 employees being arrested. City of London police confirmed that 15 workers – including at least three women – were arrested on suspicion of fraud by false representation, conspiracy to defraud, and money laundering. [...]
Mike Ashley hit with £7,500 fine for dual interest March 3, 2015 Mike Ashley was facing a less-than-hefty-fine of £7,500 from the Scottish Football Association for holding a dual interest in Glasgow Rangers. Ashley, who is reportedly worth £3.3bn, was found guilty of influencing management at Rangers after the appointments of chief Derek Llambias and finance director Barry Leach, both of whom are long-term acquaintances of Ashley. [...]
England winger Johnson bailed after sex arrest March 2, 2015 ENGLAND international winger Adam Johnson has been suspended by club side Sunderland following his arrest on suspicion of sexual activity with a 15-year-old girl. Johnson, 27, was questioned by police but last night bailed after being taken into custody when three unmarked police cars arrived at his £1.85m mansion yesterday morning. “A 27-year-old man was [...]
England bosses cannot lead KP on, says Boycott March 2, 2015 FORMER England captain Geoffrey Boycott believes it would be grossly irresponsible for cricket bosses to dangle the prospect of an international renaissance in front of maverick batsman Kevin Pietersen if a recall was not a realistic possibility. Pietersen was given renewed hope of a comeback on Sunday when new England and Wales Cricket Board (ECB) [...]
League chiefs query QPR financial recovery March 2, 2015 QUEENS Park Rangers could still face a hefty fine and demotion to the Conference for breaking the Football League’s financial fair play rules despite declaring a huge drop in losses last season. QPR said they lost just £9.8m in 2013-14, an improvement of £55.6m on the previous campaign even though they spent it in the [...]
Liverpool out of the red as new TV deal heralds return to profit March 2, 2015 LIVERPOOL overturned a loss of £50m to report a small profit for the first time in seven years last season, the Anfield club said yesterday. The club reported a pre-tax profit of £0.9m in the year to 31 May 2014, compared to losses of £49.8m the previous year, while revenues increased by 19 per cent [...]
Queens Park Rangers shareholders write off loans worth £60m as losses narrow March 2, 2015 A short statement by Queens Park Rangers posted today showed things are not going well for the club: having posted a loss of £9.8m in the year ending May 2014, their shareholders were forced to write off £60m of loans in during the year, which "strengthened the club's balance sheet". We bet it did. Admittedly, [...]
Capital One Cup: Mourinho ready for new era of glory March 1, 2015 AT WEMBLEY STADIUM CHELSEA 2 TOTTENHAM HOTSPUR 0 Chelsea revel in first trophy of manager’s second stint as they close in on league CHELSEA boss Jose Mourinho expects his side’s triumph in the Capital One Cup final against Tottenham to usher in a new trophy-laden era for the club. A deflected strike from skipper John [...]
Premier League: Pellegrini won’t give up but City title bid rocked March 1, 2015 LIVERPOOL 2 MANCHESTER CITY 1 MANCHESTER City manager Manuel Pellegrini insists his team can still retain the Premier League title despite suffering a major setback in their pursuit of Chelsea yesterday. A brilliant curling winner from Liverpool playmaker Philippe Coutinho, after Edin Dzeko had cancelled out Jordan Henderson’s equally fine opener for the home side, [...]
Premier League: Giroud scores as Arsenal hit back after Euro flop March 1, 2015 ARSENAL 2 EVERTON 0 ARSENAL manager Arsene Wenger hailed Olivier Giroud’s mental fortitude after the striker responded to midweek failure by firing his team back up to third in the Premier League. Giroud, whose misses were blamed for a damaging Champions League defeat to Monaco, put the Gunners ahead against Everton yesterday by steering home [...]