Platini rides to England’s aid May 18, 2010 ENGLAND’S floundering bid to host the 2018 World Cup received a much-needed shot in the arm last night when two of the global game’s most powerful men, Michel Platini and Jack Warner, insisted the proposal remained strong. The country’s hopes of staging the tournament for the first time since 1966 nosedived after Lord Triesman, the [...]
Triesman departure sparks FA scramble May 18, 2010 A MASS scramble has begun to land the job of the most powerful man in English football following Lord Triesman’s resignation as chairman of the Football Association on Sunday. Triesman stepped down both from the FA and as chairman of England’s 2018 World Cup bid after he was secretly recorded telling a friend that Spain [...]
Lord Sugar ready for FA chairman role and has sights set on major reforms May 17, 2010 LORD Sugar has thrown his hat into the ring as a potential successor to Lord Triesman as chairman of the Football Association. Entrepreneur Sugar, who spent 10 years as chairman of Tottenham until 2001, said it would be a “great honour” to head up the FA, which is currently without both a permanent chairman and [...]
2018 bid hit again as Fifa wades into Triesman row May 17, 2010 Investigation by world chiefs set to heap further humiliation on bid team ENGLISH hopes that Lord Triesman’s swift resignation would minimise damage to the country’s ailing bid to host the 2018 World Cup were dashed last night when Fifa vowed to investigate his alleged comments. Lord Coe, who sits on the bid board, had attempted [...]
Triesman quits posts amid bribery claims furore May 16, 2010 LORD TRIESMAN, one of the most powerful men in the British game, last night resigned as chairman of the Football Association and England’s bid to host the 2018 World Cup in embarrassing circumstances. Triesman stepped down after a Sunday newspaper published a private conversation between him and a former aide in which he allegedly suggests [...]
Hosting World Cup could give £3.2bn to UK May 12, 2010 THE economy would be £3.2bn better off if England hosts the 2018 football World Cup, according to a study by PricewaterhouseCoopers. Business leaders including Sir Alan Sugar cited the findings yesterday as they backed the bid. Sugar from BBC1’s The Apprentice and British Airways chief Willie Walsh said winning the bid to hold the tournament [...]
Emerging bonds are a good bet this year May 11, 2010 LOW interest rates have been one of the less attractive aspects of holding developed market debt in recent years. But after recent events in Europe you can now add sovereign risk to that list. Investors who want a safer fixed income alternative should look at bond funds in emerging markets. It’s not that long ago [...]
Mancini set to kick off summer spree with £11m Boateng deal May 10, 2010 MANCHESTER CITY boss Roberto Mancini is to kick off his summer spending spree with the signing of German international Jerome Boateng in an estimated £11m deal. Mancini has been tracking the 21-year-old Hamburg star for some time and now looks set to finally get his man now that the English and German domestic seasons are [...]
AB InBev boosted by Brazil May 5, 2010 Brewer Anheuser-Busch InBev earned more than expected in the first three months of 2010 as beer sales grew in booming Brazil but said World Cup marketing costs would hit second-quarter profits. The brewer of Budweiser, Stella Artois and Beck’s said yesterday core like-for-like earnings rose 5.1 per cent in January-March to $3.09bn (£2bn). AB InBev [...]
Making returns on the Russian rouble just got a whole lot easier May 4, 2010 AT THE end of last week, the Russian central bank chose to cut interest rates by 25 basis points to encourage loan growth and stimulate the economy – despite mounting concerns about inflationary pressures. Bank Rossii has been making it increasingly clear that the monetary easing cycle is now slowing. Indeed, finance minister Alexei Kudrin [...]