Montenegro 1-5 England: Ross Barkley and Raheem Sterling star but five-star visitors’ win marred by reports of racism March 25, 2019 For so long Ross Barkley has been defined by his potential, rather than his output for England. Tonight in Montenegro he finally delivered. It’s been a productive 2019 for the central midfielder, with his January 2018 transfer from Everton to Chelsea now paying off with a sustained run in Maurizio Sarri’s side. And after an [...]
Sports Direct mulls cash offer for Debenhams as Ashley looks to seize control March 25, 2019 Sports Direct has said it is considering a bid for Debenhams just hours after owner Mike Ashley branded the troubled department store’s rescue plan “unworkable”. The retail tycoon’s firm said in a statement after close this evening it was weighing up an offer for the firm “alongside other options”. It said the bid would likely [...]
Debenhams shares fluctuate after Sports Direct’s Mike Ashley brands restructuring plan ‘unworkable’ March 25, 2019 Shares in Debenhams suffered from volatility this morning after Sports Direct owner Mike Ashley branded the troubled department store’s rescue plan "unworkable". Read more: Debenhams flags 'obvious concerns' with Ashley's £100m CEO bid Shares in the troubled high street giant dropped 24.5 per cent from 1.59p to 1.2p before rising to stand eight per cent [...]
Barclays director Chris Pilling surprise candidate to become new FA chief March 23, 2019 Barclays director Chris Piling is one of the final candidates in the race to take over as chief executive of the Football Association, according to Sky News. Piling is a leading contender to replace Martin Glenn at the FA but faces competition from Mark Bullingham, the current chief commercial and football development officer at the [...]
Debenhams flags ‘obvious concerns’ over £100m bid to make Mike Ashley CEO March 22, 2019 Debenhams has turned down Sports Direct's offer to buy its Danish business with the condition that Mike Ashley oust current boss Sergio Bucher to become the company's chief executive. Earlier today Sports Direct made a £100m offer for Magasin du Nord and claimed it would help the company's liquidity, while also giving Debenhams the freedom to buy it [...]
Mike Ashley makes fresh £100m bid to become Debenhams CEO by buying Magasin Du Nord March 22, 2019 Mike Ashley has made another attempt to install himself as Debenhams chief executive, with Sports Direct making a £100m offer for the department store chain's Danish business. In a statement Sports Direct said it would purchase the business, which was put up for sale last year, for £100m, "in order to assist Debenhams with its short term liquidity requirements". [...]
Debenhams share price crashes as it asks shareholders to risk equity on £200m loan March 22, 2019 Debenhams’ shares tanked this morning as it asked investors to sign off a £200m funding lifeline that could lead to shareholders’ equity being wiped out. Read more: Debenhams on the verge of sealing £200m funding from lenders The £200m funding would prevent the embattled department store chain from falling into the hands of billionaire Mike [...]
Debenhams on the verge of sealing £200m funding from lenders March 22, 2019 Debenhams is close to receiving a £200m lifeline from lenders that would prevent the department store falling into the hands of largest shareholder Mike Ashley. A deal finalising its borrowing facilities, which are larger than expected, could be announced as soon as today, according to Sky News. Read more: Levi shares soar as jeans retailer makes stock market [...]
Sports Direct reissues its demand for Mike Ashley to be given a top job at Debenhams March 21, 2019 Sports Direct has today requested a general meeting of Debenhams to eject the board and give Mike Ashley an executive role at the struggling retailer. The requisition replaces an earlier demand which was invalid because Sports Direct was holdings its shares at that period through a third party nominee. Read more: Debenhams pressure mounts amid [...]
Men’s tennis at a crossroads: The ousting of ATP president Chris Kermode has left the sport in a period of flux March 20, 2019 On the face of things, men’s tennis seems much the same as it always has been. The same players are dominating the grand slams. The same youngsters trying to break through. The same tournaments being contested in the same order as always. But turn your attention away from the courts and the men’s game is [...]