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Brokerage Charles Schwab joins corporate debt rush with $2.5 billion offering
Brokerage Charles Schwab joins corporate debt rush with $2.5 billion offering
(Reuters) -Charles Schwab Corp is looking to raise up to $2.5 billion through a debt offering, the brokerage said on
2023-05-18 21:35
Football transfer rumours: Man Utd push for Rabiot; Barcelona seek Odegaard swap
Football transfer rumours: Man Utd push for Rabiot; Barcelona seek Odegaard swap
Monday's football transfer rumours include Man Utd's interest in Adrien Rabiot, Barcelona proposing a Martin Odegaard swap deal, Victor Osimhen, Neymar & more.
1970-01-01 08:00
Wallabies axe Wright, Hodge for All Blacks Tests
Wallabies axe Wright, Hodge for All Blacks Tests
Wallabies backs Tom Wright and Reece Hodge were axed Thursday for Australia's two Bledisloe Cup Tests against New Zealand as coach Eddie Jones looks...
2023-07-20 09:42
Gustaf Lagerbielke set for Celtic bow after Stephen Welsh sustains knock
Gustaf Lagerbielke set for Celtic bow after Stephen Welsh sustains knock
Gustaf Lagerbielke could be in line for a swift Celtic debut after Stephen Welsh suffered a knock hours after his new four-year contract was announced. The Swedish central defender signed on Wednesday and could face Kilmarnock in the Viaplay Cup on Sunday after Cameron Carter-Vickers was ruled out with a hamstring issue. Midfielder Reo Hatate will also be missing in Ayrshire after picking up a calf problem. Welsh made his first appearance in 10 months when he replaced Carter-Vickers at Pittodrie but his chances of getting an extended run have been placed in doubt. “He picked up a little bit of a knock today which is a shame for him considering he has just signed his deal,” boss Brendan Rodgers said. “But I am really pleased for him. He is a guy that loves Celtic, loves playing here. He has been a great player within the squad over the last number of years. Maybe not played as much as he would have liked but his heart is very much here and I am delighted for him that he has committed to signing.” Rodgers did not know how bad the knock was and did not give many details on Carter-Vickers and Hatate other than ruling them out of Sunday’s game. Celtic host St Johnstone in their next league match before travelling to Ibrox on September 3. Rodgers said: “We just have to assess them and see how they are over the coming weeks.” Lagerbielke played his final game for Elfsborg last Sunday, leaving them in pole position in the Swedish top flight after 19 matches after Celtic targeted him as a replacement for another Swede, Carl Starfelt. “He has been playing so fitness-wise he is fine,” said Rodgers, who declined to comment on reports linking Celtic with moves for Wolves winger Daniel Podence and Newcastle’s Ryan Fraser. “He is a highly-rated young player and I am looking forward to seeing him play. “The club have a great pipeline of players in place. There is always a plan if someone is to move on so he is one who has been looked at for a long time.” Speaking before his injury, Welsh declared he was looking to “kick on” under Rodgers. The 23-year-old’s previous contract was due to expire at the end of this season and it looked like his time with his boyhood club might be nearing an end when he struggled for game time under previous boss Ange Postecoglou. The Celtic academy graduate has been linked with moves away from Parkhead in recent transfer windows but Rodgers spoke highly of him after Sunday’s 3-1 win at Pittodrie. “Signing a new contract for the club that I’ve been brought up on and have supported my whole life was, for me, an easy decision,” Welsh told Celtic TV. “It’s time for me to kick on now and hopefully I can have a few good seasons. I want to keep improving and continue to play as many games as I can, especially with the manager in now. He’s been massive for me since he’s come in. “He’s one of the main reasons that I want to be at the club and I’m just looking forward to starting the season properly and going for it.” Welsh has made 53 appearances for Celtic since his debut in February 2020 and will compete for a centre-back berth with recent signing Maik Nawrocki as well as Carter-Vickers and Lagerbielke. “At a club of this stature, competition for places is going to be everywhere, all over the pitch,” he said. “So for me it’s natural to keep working hard, keep improving and show that the manager can trust me to go in and play. “Thankfully he’s done that so far and now we’ll look ahead to the season and hopefully more opportunities to come. To be at Celtic is all I can ask for and I will give 100 per cent to the club and hopefully do everyone proud.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Jurgen Klopp hails ‘monster’ Wataru Endo as his new James Milner Ange Postecoglou insists Tottenham have to be ‘united on and off the field’ Jesse Lingard has another week to secure short-term deal at West Ham
2023-08-18 22:42
White House concerned about antisemitic threats at Cornell
White House concerned about antisemitic threats at Cornell
WASHINGTON The White House on Monday expressed concern at reports of antisemitic threats at Cornell University in response
2023-10-31 04:25
Championship clubs’ wage bill exceeds revenue for fifth year running – report
Championship clubs’ wage bill exceeds revenue for fifth year running – report
Championship clubs’ spending on wages exceeded revenue for a fifth successive season in 2021-22, according to a new report. Deloitte’s Annual Review of Football Finance found second-tier teams’ combined wages-to-revenue ratio was an astonishing 108 per cent, as clubs continued to chase the dream of reaching the Premier League. Nottingham Forest, who ultimately succeeded in reaching the top flight at the end of the 2021-22 season via the play-offs, spent almost 200 per cent more on wages than they earned in revenue – £58.6million compared to £29.3m – in their promotion year, according to figures in the Deloitte report. Championship clubs’ total revenue was up 13 per cent in 2021-22 compared to the season before, reaching £676million. However, while wage costs fell for a second consecutive year, they remained higher than revenue for the fifth season in a row. Tim Bridge, lead partner in Deloitte’s Sports Business Group, said: “The glamour of Premier League promotion is spearheading the continual drive for investment in Championship clubs, often in an unsustainable manner, driving some clubs to overstretch financially. “It is critical that long-term decisions are now made by clubs’ owners and, with the introduction of the independent regulator, focus will turn to improving the distribution mechanism of revenues between the leagues and clubs. “This must be accompanied by appropriate governance and financial controls to ensure that any proposed solution is suitable and sustainable.” EFL chairman Rick Parry believes the disparity in revenue between the Premier League and the Championship has created a “cliff edge” between the leagues, and argues parachute payments are also fuelling inequality within the Championship. Deloitte’s report underlines the value to clubs of reaching the Premier League. Relative to the 2022-23 season, it says revenue from broadcasters is expected to provide a minimum uplift of more than £90m for Luton, approximately £84m for Sheffield United and £54m for Burnley, with both of those two clubs in receipt of parachute payments whilst participating in the Championship. The report said that should a club suffer immediate relegation, assuming they are not in receipt of parachute payments at that point, under existing arrangements the parachute payments from the Premier League will continue to provide an uplift over the following two seasons of at least £80m. For a Championship club not otherwise in receipt of parachute payments, the value of promotion will be at least £170m across the next three seasons and, if a club survives their first season in the Premier League, they will be entitled to three seasons of parachute payments and the incremental revenue will be over £290m across five years. Discussions over a new financial settlement between the two leagues are ongoing. The Government said in its White Paper on football governance that a new regulator will be given backstop powers to impose a settlement if one cannot be agreed, but it is unlikely the regulator will be up and running until 2024-25 at the earliest. Parry accepts that reform of the distribution package has to go hand in hand with cost control measures, which are also part of the ongoing ‘New Deal For Football’ talks between the EFL, the Premier League and the Football Association. What we really want to see in the English game is a variety and diversity of clubs coming through the league at different points in time Tim Bridge, lead partner in Deloitte’s Sports Business Group Bridge believes it is vital for the leagues to see the common ground they share to resolve the dispute on distribution. “The point I would make is that the longevity of the Premier League and the ability for clubs to move up and down between the Premier League and the Championship and to achieve variety in those clubs is a good thing for the overall brand and the marketing position of English football,” he said. “Part of the beauty of the Premier League is always that any team can beat any other team. And so at any one point in time, what we really want to see in the English game is a variety and diversity of clubs coming through the league at different points in time, bringing new storylines, bringing new faces to the league because frankly that keeps it fresh.” Wage spending in the Premier League in 2021-22 grew by £192m compared to the previous season, but this was outpaced by a £586m increase in revenue, meaning the top flight’s wages-to-revenue ratio fell for the second consecutive season from 71 per cent to 67 per cent. That is still a significantly higher ratio than the average of the three seasons pre-pandemic up to 2018-19 – 58 per cent. Across Europe’s ‘Big Five’ leagues as a whole however, revenue growth was outpaced by wages, which stood at 12.3 billion euros (£10.5bn). This comes at a time when the continent’s football governing body UEFA has introduced new financial sustainability regulations, including a cost control rule which by 2025-26 will limit a club’s spending on wages, transfer fees and other player and coach costs at 70 per cent of turnover. UEFA could go even further in the future, with president Aleksander Ceferin raising the possibility of a Europe-wide salary cap in an interview in April.
2023-06-15 07:01
Behaviour Interactive Project S Release Date Information
Behaviour Interactive Project S Release Date Information
Behavior Interactive's newest project has just announced its release date.
1970-01-01 08:00
Musk Says Advertising Revenue on X ‘Drops Massively’ During War
Musk Says Advertising Revenue on X ‘Drops Massively’ During War
Elon Musk said advertising revenue on X, the site formerly known as Twitter, “drops massively during war,” according
2023-10-14 18:10
CANNES PHOTOS: Helen Mirren's blue hair, Johnny Depp's return and more Day 1 scenes
CANNES PHOTOS: Helen Mirren's blue hair, Johnny Depp's return and more Day 1 scenes
CANNES, France (AP) — The Cannes Film Festival opened its 76th edition with a parade of stars, including the much-debated return of Johnny Depp.
2023-05-17 04:11
How to Sign-Up for the June 16 Overwatch 2 Beta
How to Sign-Up for the June 16 Overwatch 2 Beta
Here's how to sign-up for the June 16 Overwatch 2 beta and if fans should expect another closed event or an open beta.
1970-01-01 08:00
Eve, Blade to expand 'flying car' partnership to Europe
Eve, Blade to expand 'flying car' partnership to Europe
By Gabriel Araujo SAO PAULO Electric aircraft maker Eve and Blade Air Mobility are expanding their partnership to
2023-06-19 15:03
Who is Rory Synnott? Tristan Tate recalls visiting pub with his friend and almost losing $77K car: 'I apologized, tipped heavily'
Who is Rory Synnott? Tristan Tate recalls visiting pub with his friend and almost losing $77K car: 'I apologized, tipped heavily'
Tristan Tate said, 'See that car outside, that car cost me £60,000, and I handed the key over to a short blonde waitress and they let me open the tab'
2023-07-29 18:41