Owners may yet halt deal October 6, 2010 LIVERPOOL’S sale to American group New England Sports Ventures could be delayed or even derailed by a legal challenge from current owners Tom Hicks and George Gillett, sports business experts warned last night. Reds chairman Martin Broughton is adamant the board has the right to sell the club to John Henry’s NESV for £300m, even [...]
FANS VIEW October 6, 2010 LIVERPOOL fans’ group, Spirit of Shankly (SoS) say they have greeted the news of John W Henry’s imminent takeover with “cautious optimism”. The group have organised a number of protests against the current ownership, but spokesman Jay McKenna insists their anger is directed solely at Hicks and Gillett and that they are not anti-American. “It [...]
School of speed October 5, 2010 WE’VE done rather well in this column, test driving Aston Martin sports cars for CityA.M. The City of course is a key market for these cars, which is why I’ve been fortunate enough to get them. But the thing is, the more familiar I became with them the more I realised that UK speed restrictions [...]
Chelsea can get back on track at the Bridge September 30, 2010 CHELSEA vs ARSENAL SUNDAY – 4.00PM SKY SPORTS IT isn’t often that Chelsea and Arsenal meet each other having both lost their previous league game but that’s exactly what will happen on Sunday. Chelsea were a little lacklustre at Eastlands against Manchester City last Saturday but, in fairness, Roberto Mancini’s side put in a very [...]
JD Sports eyes acquisitions September 21, 2010 Clothing and footwear retailer JD Sports Fashion said it would consider buying distressed brands or companies both in the UK and overseas as it posted a 37 per cent rise in first-half profit. “The financial pressures that certain brands or companies in the sector are suffering provides potential opportunity,” executive chairman Peter Cowgill said. Italy, [...]
KPMG looks to hand over Connaught jobs September 8, 2010 HOUSING repair firm Connaught formally appointed KPMG as its administrator yesterday, as rival property companies looked to take over the collapsed firm’s contracts. KPMG will keep the firm’s property maintenance arm trading until it has farmed out its contracts to other providers. Around 4,400 people face redundancy. Richard Heis, joint administrator, said the group had [...]
British MBAs look to broaden their horizons overseas September 8, 2010 MANY British people choosing to take an MBA stay in this country, or head to one of the big American schools. There is no doubt that they are prestigious, but in a world that is increasingly tilting to the East, might there be better ways to spend your money? At most British business schools around [...]
SPORTS DIRECT NETS A WORLD CUP BOOST September 7, 2010 SPORTS Direct, the biggest seller of England team shirts, saw profits rise during the World Cup despite the side’s dismal performance. In the 13 weeks to 25 July, sales jumped 8.8 per cent to £408m, while profit rose 17.8 per cent to £185m. Chief executive Dave Forsey said: “These results clearly show that Sports Direct [...]
Sports Directs sales hike fuelled by World Cup September 7, 2010 Sporting goods retailer ports Direct posted an 8.8 per cent rise in first-quarter sales – fuelled by the World Cup in South Africa The firm, in which Newcastle United club owner Mike Ashley has a 71 per cent stake, said on Tuesday sales were £408m in the 13 weeks to July 25, up from £375m [...]
Canada’s coolest city is both French and friendly September 5, 2010 THERE’s a good reason why Montreal is known as Canada’s party town. Quebec’s capital – the capital of French Canada – bills itself as the festival capital of the world. Every year there are dozens of festivals celebrating anything and everything. But it’s not just the likes of the Montreal Jazz Festival, the Anarchist Book [...]