Who is Bryan Kohberger's alibi? Idaho murder suspect's defense attorneys ask judge to dismiss indictment
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2023-07-29 04:12
Everton sale to American firm agreed
Farhad Moshiri has agreed a deal to sell Everton to American investment firm 777 Partners. The British-Iranian businessman, who owns 94.1 per cent of the shares, will sell his entire stake to 777, who have also invested in Sevilla, Hertha Berlin, Genoa, Vasco da Gama, Standard Liege, Red Star and Melbourne Victory. It will bring an end to Moshiri’s disastrous reign in charge at Goodison Park in which Everton have spent around £700m on players in seven years, only just avoided relegation in the last two seasons and are winless in the Premier League now. Moshiri, who has seemed short of funds since his long-time business partner, Alisher Usmanov, was sanctioned after Russia’s invasion of Ukraine, had been searching for investors to help fund Everton’s new stadium at Bramley-Moore Dock, which will cost £500m and is due to open in 2024. He was in talks with American firm MSP Sports Capital and real estate tycoon Maciek Kaminski, but his initial plan was to sell a minority share. Moshiri plans to write to the club’s minority shareholders to seek their support for the deal, which Everton are confident will be ratified by the Premier League and should be completed in the calendar year. Moshiri said: “The nature of ownership and financing of top football clubs has changed immeasurably since I first invested in Everton over seven years ago. The days of an owner/benefactor are seemingly out of reach for most, and the biggest clubs are now typically owned by well-resourced PE [private equity] firms, specialist sports investors or state-backed companies and funds. “I have been open about the need to bring in new investment and complete the financing for our iconic new stadium at Bramley-Moore Dock, on the banks of the Mersey, which I have predominantly financed to date. I have spoken to a number of parties and considered some strong potential opportunities. “However, it is through my lengthy discussions with 777 that I believe they are the best partners to take our great club forward, with all the benefits of their multi-club investment model. As a result of this agreement, we have an experienced and well-connected investor in football clubs who will help maximise the commercial opportunities, and we have secured the complete financing for our new stadium, which will be the critical element in the future success of Everton.” Josh Wander, founder and managing partner of 777 Partners, said: “We are truly humbled by the opportunity to become part of the Everton family as custodians of the club, and consider it a privilege to be able to build on its proud heritage and values. “Our primary objective is to work with fans and stakeholders to develop the sporting and commercial infrastructure for the men’s and women’s teams that will deliver results for future generations of Everton supporters. As part of this, we are committed to partnering with the local community over the long-term, working on important projects such as the development of Bramley-Moore Dock as a world-class stadium venue, allowing thousands more Evertonians to attend our home matches and contribute to the economic and cultural regeneration of Merseyside.” Read More Are Everton the first crisis club of the season? Demarai Gray gets his wish as he leaves Everton for Steven Gerrard’s Al-Ettifaq Everton boss Sean Dyche responds to Demarai Gray’s ‘respect’ comment Football rumours: Martin Odegaard tight lipped about Arsenal contract extension US investment firm 777 Partners considering Everton majority purchase – reports Football rumours: Jadon Sancho looking to leave Manchester United
2023-09-15 17:27
Archive of Our Own is down, and it could be offline for weeks
Archive of Our Own (AO3) is currently undergoing a DDoS attack, which has kept the
2023-07-11 13:36
Second major US law firm changes diversity fellowship after lawsuit
By Nate Raymond A major U.S. law firm has changed its criteria for a fellowship aimed at promoting
2023-10-07 02:53
Mindy Kaling playfully rebukes Hoda Kotb after 'Today' host grills actress about prom experience
Jenna Bush Hager and Hoda Kotb welcomed Mindy Kaling to the show to discuss her book publishing company 'Mindy's Book Studio'
2023-10-04 16:32
Hugo Lloris contemplating Tottenham exit as he has ‘desire for other things’
Tottenham captain Hugo Lloris admitted he “desires for other things” and is contemplating what life could look like away from the north London club at “the end of an era.” The 36-year-old retired from international duty with France in January, one year after signing a contract extension that would keep him at Spurs through to the end of next season. There has been speculation, however, that the goalkeeper might have already played his last game for the side he joined in 2012 following his season-ending thigh injury against Newcastle in April. Lloris told French newspaper Nice-Matin: “We are coming to an important moment, whether for the club or for me. It’s the end of an era. I have desires for other things, I will ask myself quietly to study what will be possible. “But I don’t forget that I still have a year of contract with Tottenham and that in football it is always difficult to predict what will happen. “What is essential at the moment is to recover well from my injury. I’m on vacation but I continue to talk and do my training. My goal is to be on top in July, then we’ll see what the future holds for me.” Lloris acknowledged Spurs, who finished eighth this term after securing a Champions League berth last season, had failed to live up to expectations and cited injuries as part of the problem. He said: “We failed as a team by not being able to reverse the course of things. It’s disappointing but it’s part of the life of a top-level football club. The most important thing is to prepare as well as possible for next season and to learn from our mistakes.” The Frenchman did not rule out a return to Nice, where he started his senior career before moving to Lyon and then north London, though he was adamant he was not forcing his current club into a move. He added: “Nice is my city, my club, my roots. There is a season that must end, as best as possible, with the goalkeepers in place. I am not demanding, I have never forced things. We’ll see where fate takes me.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-06-04 00:34
Verstappen back on top in Monaco but demands more from Red Bull
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2023-05-27 01:40
Scientists could use lunar dust to make roads on the moon
Scientists have come up with a potential solution to deal with dust on the moon which makes conducting research tricky. Dust erodes space suits, clogs machinery, interferes with scientific instruments and makes moving around on the surface difficult. But they reckon moon dust could be melted using a giant lens developed by the European Space Agency to create solid roads and landing areas. Using a fine-grained material called EAC-1A, developed as a substitute for lunar soil, scientists used a 50mm diameter laser beam to heat the dust to about 1,600C and melt it. Then they traced out bendy triangle shapes, which could be interlocked to create solid surfaces across large areas of lunar soil to be used as road. However it would take about 100 days to create a 10 x 10m landing spot so it is not a quick fix. To make matters worse, the lens needed for the laser to work would be difficult to transport from Earth and could also get dust in it which may reduce its functionality. “You might think: ‘Streets on the moon, who needs that?’” said Prof Jens Günster, of the Federal Institute of Materials Research and Testing in Berlin and co-author of a report on the possible solution. “But in fact it’s a kind of depressing demand [even] early on. It’s very loose material, there’s no atmosphere, gravity is weak, so the dust gets everywhere. It contaminates not only your equipment but other nations’. No one would be happy to be covered in dust from another rocket." Dust has blighted previous missions, such as the Surveyor 3 spacecraft (damaged by dust kicked up by the Apollo 12 landing), and overcoming this challenge is a priority for Nasa, which aims to establish a permanent lunar outpost. Transporting building materials to the moon would be too expensive, so there is a need for unconventional solutions. “You need to use what’s there and that’s simply loose dust,” said Günster. The findings are published in the journal Scientific Reports. Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-10-13 20:12
Global mergers and acquisitions plunge in Q2 but dealmakers see green shoots
By Anirban Sen and Andres Gonzalez NEW YORK/LONDON Global mergers and acquisitions (M&A) activity fell 36% year-on-year in
2023-06-30 11:14
Hozier would strike over AI concerns in music
Hozier would stand in solidarity with his fellow musicians if a strike about AI ever happened.
2023-08-17 19:00
China's Moutai, Luckin launch alcohol-tinged latte to woo young Chinese consumers
By Sophie Yu and Brenda Goh BEIJING (Reuters) -Kweichow Moutai and coffee brand Luckin Coffee on Monday launched in China
2023-09-04 15:11
Bohm, Realmuto hit back-to-back homers as Phillies rally for 4-2 victory over Brewers
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2023-09-04 04:08
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