Deutsche takes a dim view of Manchester United player costs January 27, 2014 MANCHESTER United’s £37m record signing of Juan Mata from Chelsea, as well as the team’s current run of indifferent form, has prompted Deutsche Bank to downgrade its price target for the listed company’s shares from $21 to $16. “We now think we were too conservative in our player cost outlook,” says the Deutsche research team [...]
Wenger contract deal is done, says Arsenal chief January 27, 2014 Gazidis ends doubts over coach’s future and reveals £150m kit deal with Puma ARSENAL chief executive Ivan Gazidis has sought to end speculation over Arsene Wenger’s future by declaring that the long-serving manager has agreed a new contract. Wenger, 64, is yet to sign a deal just months before his current £7.5m agreement expires in [...]
Liverpool net training wear sponsorship January 27, 2014 LIVERPOOL and Everton both prepared for tonight’s Merseyside derby by announcing significant agreements – the former with a training kit sponsor and the latter with defender Leighton Baines. Indonesian airline Garuda has struck a deal to sponsor the Reds’ training wear from next season for an undisclosed sum. Liverpool are only the second Premier League [...]
Man United can still win the league, claims Mata January 27, 2014 MANCHESTER United’s record £37m signing Juan Mata still believes the champions can retain their Premier League title, despite trailing league leaders Arsenal by 14 points with 16 games to go. Mata is expected to make his debut against bottom club Cardiff at Old Trafford tomorrow night, as United look to end a miserable month on [...]
Sponsors line up to steal Barclays’ Premier crown January 27, 2014 THE PREMIER League is bracing itself for a sponsorship bidding war if Barclays decides to pull out of the deal next year, it emerged yesterday. The high street lender, which has sponsored the league since 2001, is mulling plans to end the £40m a year deal when the rights come up for renewal in 2015. [...]
Bottom Line: BSkyB’s forecast still uncertain January 26, 2014 WHILE headlines surrounding BSkyB’s second quarter results on Thursday will certainly centre around an expected drop in profits – which analysts say could be as much as 10 per cent – the escalating cost of sports rights and the uncertainty of hanging on to the most precious of those rights continues to cast a shadow [...]
Chelsea move for Salah with Mata en route to Manchester January 23, 2014 CHELSEA agreed an £11m fee for FC Basel winger Mohamed Salah yesterday, freeing the way for playmaker Juan Mata to join Manchester United. Salah scored twice against the Blues this season in Champions League group matches with Basel and also netted in last year’s Europa League semi-final second-leg defeat at Stamford Bridge. A Chelsea statement [...]
Football Comment: Mata signing is David Moyes’s 999 moment January 23, 2014 LIKE the desperate Manchester United fan who dialled emergency services following Wednesday’s Capital One Cup elimination, signing Juan Mata feels like David Moyes’s 999 moment. Nothing against Mata, but I’m not sure he’s what United need, and I find it very hard to believe that signing him has been in their plans for long. Instead [...]
Gunners to keep the door firmly shut on visiting Sky Blues January 23, 2014 THE FA Cup returns tonight with Arsenal kicking off a packed weekend programme as they host Coventry. Considering the Gunners are top of the Premier League, and the only defeat they’ve suffered at the Emirates in their last 10 outings was against Chelsea in the Capital One Cup, it’s no surprise Arsene Wenger’s men are [...]
Best of the Brokers for 23 January 2014 January 22, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com MICRO FOCUS INTERNATIONAL Panmure Gordon keeps the IT group at a “buy” rating with a target of 851p. The broker says Micro Focus is “sailing along nicely”, with a solid 10.1 per cent dividend yield, and that investors should take advantage of a [...]