DIAMONDS ARE AN INVESTOR’S BEST FRIEND March 11, 2010 WE’VE all heard a lot of novel investment advice over the course of the last two bumpy years, but investing in your own diamond mine has got to be a new one. Investment firm Capital Alternatives has set up a new venture, Capital Mining, which plans to do just that, having recently snapped up the [...]
Unstoppable Rooney rips into Milan March 10, 2010 MANCHESTER UTD (4) vs AC MILAN (0) Man Utd win 7-2 on aggregate WAYNE Rooney ensured David Beckham’s long-awaited return to Old Trafford was far more bitter than sweet as Manchester United’s latest hero condemned their old one to a crushing European defeat. Rooney effectively ended the tie and swept United into the Champions League [...]
Guy Dawson joins up with Red Knights March 8, 2010 CITY stalwart Guy Dawson will advise a string of wealthy backers on their bid to wrest control of Manchester United. The Nomura banker, who sold his Tricorn Partners advisory firm to the Japanese bank and now works there, will advise a group of United fans who plan to buy the club for £1.25bn. Dawson advised [...]
YANKEE RED KNIGHTS LAY CLAIM TO A NAME March 8, 2010 MANCHESTER United’s would-be “Red Knights”, the group of City businessmen currently attempting to wrest the club from the grasp of its US owners, the Glazer family, may well be in for a bit of a headache over their choice of moniker. The Capitalist last week discovered a very different group bearing the same name over [...]
Former Centrica boss is named as a Red Knight March 7, 2010 Former Centrica boss Sir Roy Gardner became the latest City figure to be named a “Red Knight” yesterday as the momentum for a fans’ buyout of Manchester United continues to gather pace. He was a non-executive director at United between 2002-2005. He is also non-executive chairman of Plymouth Argyle. He joins City figures hoping to [...]
Ferguson rubbishes link with Red Knights’ bid March 7, 2010 MANCHESTER UNITED boss Sir Alex Ferguson has furiously dismissed claims that he is backing a potential takeover of the club from a group of City financiers. Reports over the weekend claimed the Old Trafford chief has thrown his weight behind a bid from the Red Knights to dethrone club owners, the Glazer family, with some [...]
THE NAME GAME IS ON FOR MANCHESTER UNITED’S RED KNIGHTS March 4, 2010 IS A setback in the offing for the self-styled “Red Knights”, the group of City businessmen plotting to seize control of Manchester United from current owners, the Glazer family? The Capitalist only asks having chanced upon another, very different, group bearing the same name while trawling the Internet yesterday. Actually, the moniker belongs to a [...]
Glazers hit back in Knights row March 3, 2010 MANCHESTER United’s under-fire owners, the Glazer family, are said to have complained to Goldman Sachs chairman Lloyd Blankfein over the conduct of chief economist Jim O’Neill in his efforts to seize control of the club. O’Neill, a lifelong United fan, is spearheading the Red Knights group of City financiers who are plotting a crusade to [...]
Target reached as fans flock to join campaign March 3, 2010 MANCHESTER United supporters have flung the ball firmly back into the Red Knights’ court by responding in their thousands to the financiers’ call to arms. The Red Knights urged fans to prove their support for the campaign to oust United’s current owners, the Glazer family, by pledging their allegiance online. A target of 100,000 names [...]
BOND GURU FALLS FOUL OF PARTY CIRCUIT March 2, 2010 CRUMBS, the fixed income social scene can’t be much cop if Pimco’s resident investment guru-cum-scrooge Bill Gross is anything to go by. Gross – a founder and 38 year veteran of the distinguished company – popped out one of his monthly investment outlook notes yesterday, beginning with a lengthy spiel on the evils of the [...]