Sports minister joins debate over football club debt levels February 16, 2010 THE government is to press ahead with calls for tougher financial controls for football clubs, despite widespread criticism from within the industry. Sports minister Gerry Sutcliffe yesterday weighed into the debate, calling for an overhaul of the way teams’ finances are regulated. The move follows increasing concern about the long-term viability of debt-laden clubs in [...]
Premiership set to debate new debt cap February 15, 2010 DEBT-LADEN Premier League clubs could be forced to cap borrowing at just a quarter of their turnovers. The drastic measures, called for by Wigan chairman Dave Whelan, would be the strictest financial constraints on any major football league in the world. He proposed the changes in light of the financial misery that has been heaped [...]
Beckham: Ferguson still a father to me February 15, 2010 AC MILAN v/s MANCHESTER UTD FORMER Manchester United icon David Beckham insists Old Trafford kingpin Sir Alex Ferguson remains like a father to him as he prepares to face his old mentor for the first time since leaving the club almost seven years ago. Beckham, who is on loan at AC Milan from Los Angeles [...]
ANALYST VIEWS: SHOULD THE PREMIER LEAGUE SET A NEW BORROWING CAP TO STOP CLUBS RACKING UP MASSIVE DEBTS? February 15, 2010 DAVE WHELAN | CHAIRMAN, WIGAN ATHLETIC The Premier League is in trouble – we can’t have a situation where a massive club like Portsmouth is going out of business. Something drastic needs to be done and I think capping the amount of borrowing at clubs is the answer. I’m going to be pushing for this. [...]
Vieira is back in the groove at City February 15, 2010 PATRICK VIEIRA insists he is revelling in the physical challenges of the Premier League since moving to Manchester City. The 33-year-old is re-adjusting to life back in England, five years after leaving Arsenal for the Italian Serie A. And he’s been thrown in the deep end with City preparing to face uncompromising Stoke City for [...]
New football regulator threat sparks anger February 15, 2010 WHITEHALL is threatening to introduce a mandatory regulator to oversee British football as part of a backlash against debt-laden clubs. With several teams currently battling for survival, Whitehall is studying plans it hopes could help prevent clubs from going under. But the idea has sparked fury among Premier League insiders who will fiercely resist the [...]
Warnock hits out after Palace are denied a famous giant-killing scalp February 14, 2010 CRYSTAL PALACE v/s ASTON VILLA OUTSPOKEN Crystal Palace boss Neil Warnock accused referee Kevin Friend of costing his side a place in the FA Cup quarter-final as Aston Villa got out of jail at Selhurst Park. Warnock was incensed after Friend incorrectly awarded Villa a corner three minutes from time which led to Stiliyan Petrov [...]
Chelsea await City in potential cup showdown February 14, 2010 HOLDERS Chelsea are heading for two potential showdowns with Manchester City in the space of a week after the pair were drawn in the quarter-final of the FA Cup. Roberto Mancini’s City make the trip to Stamford Bridge in the Premier League on 27 February and will return seven days later if they beat Stoke [...]
Hodgson’s harbouring a cup dream February 14, 2010 FULHAM boss Roy Hodgson is daring to dream of leading Fulham to a first-ever FA Cup success after a comfortable victory over League Two Notts County took them to within two matches of a Wembley final. Goals from Simon Davies, Bobby Zamora, Damien Duff and new signing Stefano Okako signalled the end of brave County’s [...]
THE TIPSTER PROFIT FROM THE SELL-OFF AND BUY CHEAP February 14, 2010 A STRONGER dollar and concerns about the global economic outlook have caused a pullback in commodity prices in recent weeks. This has put downward pressure on the shares of oil majors such as BP and Shell, which have both fallen 10 per cent since 12 January. By buying these at current levels, you are getting [...]