Oil firms see slump in market value March 1, 2012 INDEPENDENT oil explorers saw their market value hit last year, a new league table compiled by Deloitte has revealed. The market capitalisation of the UK’s 25 biggest companies in the sector fell from £32.2bn in 2010 to £27.8bn. The fall came as investors shied away from projects viewed as risky amid volatile world markets. However [...]
Premier League clubs face raw deal from Euro financial rules March 1, 2012 ENGLISH football clubs face being placed at an unfair disadvantage to their European rivals because of a loophole regarding charitable donations in new Financial Fair Play rules, City A.M. can reveal. Top-flight sides last year donated a total of £167.2m – or £8.4m per club – to good causes and lower tier clubs via the [...]
Tottenham rocked as star man Bale ruled out for three weeks with hamstring tear March 1, 2012 TOTTENHAM’S hopes of bouncing back from last week’s crushing 5-2 north London derby defeat have been dealt a major blow after Gareth Bale was ruled out of Sunday’s Premier League clash against Manchester United. Harry Redknapp’s side suffered their fifth league defeat of the season at Emirates Stadium after they squandered an early two-goal lead [...]
Fowler hoping for seaside swansong March 1, 2012 IN a season of dramatic comebacks former Liverpool and England striker Robbie Fowler is set to make the unlikeliest return of them all by signing for Championship play-off hopefuls Blackpool. Fowler, 36, who last played a competitive game in England for Blackburn three and a half years ago, has been training for the last two [...]
Pompey cash could run out before end of season, says administrator March 1, 2012 PORTSMOUTH may not be able to finish the season, the club’s administrator has warned, after learning they will not receive any more parachute payments from the Premier League. The payments, made to help teams adjust to relegation from the top flight, will instead go to Pompey’s former owner Sacha Gaydamak, who is owed money by [...]
Struggling Villa announce record losses of £54m February 28, 2012 ASTON VILLA risk falling foul of European Financial Fair Play rules after the Premier League side yesterday announced record annual losses of £54m. Villa confirmed the overall loss for the year up to 31 May 2011 represents a significant increase from £37.6m, but does not incorporate the £37m the club recouped in player sales following [...]
Stumbling Spurs give rivals hope in top four dash February 27, 2012 THE MANNER of Tottenham’s emphatic defeat to an unusually committed Arsenal in Sunday’s north London derby might have been startling, but the loss itself was in fact a continuation of a stalling of their momentum. Spurs enjoyed an astonishing purple patch throughout the autumn which brought them 10 wins from 11 Premier League games and [...]
Fulham set to complete shock Diarra swoop February 27, 2012 FULHAM manager Martin Jol is poised to complete a surprise swoop for former Real Madrid midfielder Mahamadou Diarra who has agreed a contract with the west London club until the end of the season. The combative 30-year-old, who cost the Spanish giants £22m when he signed from Lyon in 2006, will join the mid-table Premier [...]
FIVE STAR REDS February 26, 2012 ARSENAL (5) vs TOTTENHAM (2) Revitalised Arsenal roar back from two goals down to defeat bitter rivals Tottenham as Wenger sets sights on pinching third place ARSENAL manager Arsene Wenger insists his side can still finish the season ahead of Tottenham after they came from two goals down to blitz their bitter rivals in a [...]
Carling Cup is just the start, says Dalglish February 26, 2012 CARDIFF CITY (2) vs LIVERPOOL (2) LIVERPOOL WIN 3-2 ON PENS (AET) Liverpool end six-year wait for a trophy with dramatic shootout win over Cardiff and hope to seal cup double TRIUMPHANT Liverpool manager Kenny Dalglish claimed yesterday’s dramatic Carling Cup final victory over Cardiff represented the dawning of a new era of trophy-laden success [...]