Focue Provides the Latest and Most Up-to-Date News, What You Focus On is What You Get.
⎯ 《 Focue • Com 》
Princess Anne was the only royal riding on a horse at King Charles III's coronation
Princess Anne was the only royal riding on a horse at King Charles III's coronation
Princess Anne was the only royal riding on a horse at King Charles III's coronation
1970-01-01 08:00
Newcastle owners take majority stakes in four Saudi clubs including Al Nassr
Newcastle owners take majority stakes in four Saudi clubs including Al Nassr
The Saudi sovereign wealth fund which owns Newcastle has taken majority stakes in four of the Middle Eastern country’s biggest clubs, including Cristiano Ronaldo’s team Al Nassr. The Public Investment Fund (PIF) is taking 75 per cent stakes in Al Nassr, Asian Champions League finalists Al Hilal, Al Ahli and Al Ittihad, who are understood to be interested in signing Karim Benzema after his intention to leave Real Madrid at the end of the season was confirmed. The PIF also own an 80 per cent stake in Newcastle following the completion of a protracted and controversial takeover in October 2021. Sources close to the fund have told the PA news agency that the move to take controlling stakes in the four Saudi clubs does not constitute the creation of a multi-club ownership model involving Newcastle. Each club will be managed by an independent board and have separate executive management, the sources said. Clubs in the Saudi top flight, who have technically been owned by the country’s Ministry of Sport until now, are being privatised as part of a government initiative to help the sport further develop. FIFA has been approached for comment on the issue. A statement on the PIF Twitter account read: “As part of today’s announcement of the Sports Clubs Investment and Privatization Project, four Saudi clubs – Al Ittihad, Al Ahli, Al Nassr, and Al Hilal – have been transformed into companies, each of which is owned by PIF and non-profit foundations for each club.” PIF said existing members of each club would be included in the four foundations and that the fund was working closely with the Ministry of Sport on the necessary regulatory procedures to complete the clubs’ transfers to their new structures as newly-founded companies alongside non-profit foundations. “The transfer of the four clubs will unleash various commercial opportunities, including investment, partnership and sponsorships across numerous sports,” the PIF statement concluded. The Saudi government said in a release from the country’s national press agency issued earlier on Monday that it hoped that as well as further bolstering participation in sport at grassroots level, the move to privatisation would raise the league’s revenues from 450million riyals (£96.7m) last year to 1.8 billion riyals (£386.7m) and increase its market value to more than 8bn riyals (£1.72bn) by 2030. The extent to which the Saudi government controls Newcastle came back into the spotlight in February this year after the publication of court documents in the US. The Premier League approved the PIF-led takeover of the club only after receiving “legally-binding assurances” that the Saudi state would not have control of the club. However, documents from PIF’s legal team published in a court case related to the LIV Golf and PGA Tour dispute described PIF as “a sovereign instrumentality of the Kingdom of Saudi Arabia” and PIF governor and Newcastle chairman Yasir Al-Rumayyan as “a sitting minister of the Saudi government”. The Premier League has declined to comment on whether it had opened an investigation following the publication of the court documents. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Andy Murray determined to show he remains among the elite on grass courts Ange Postecoglou: Who is he and what can Tottenham fans expect? Alfie Hewett adapting to his new status as the man to beat in wheelchair tennis
2023-06-05 23:24
Latest Michigan scandal rumor claims U of M alum is leaking info on Jim Harbaugh
Latest Michigan scandal rumor claims U of M alum is leaking info on Jim Harbaugh
The Jim Harbaugh-Michigan football sign-stealing scandal is getting weirder by the day. You need to check out what John U. Bacon said on Columbus radio Wednesday morning. He said a U of M alum is leaking all the info on Harbaugh. Wow!
2023-10-26 01:22
Bond traders prepare to brave 'painful' yield curve bets as rate hikes slow
Bond traders prepare to brave 'painful' yield curve bets as rate hikes slow
By Harry Robertson LONDON Bond traders are eyeing a return to a type of trade that left them
2023-08-09 13:05
Clashes in Senegal kill at least 9; government bans social media platforms and closes university
Clashes in Senegal kill at least 9; government bans social media platforms and closes university
Senegal's government says at least nine people have been killed in violent clashes between police and supporters of opposition leader Ousmane Sonko
2023-06-03 03:42
Thai Central Bank Favors Gold to Shield Its $210 Billion Reserve
Thai Central Bank Favors Gold to Shield Its $210 Billion Reserve
The Bank of Thailand views gold as a relative safe haven in an era of high inflation and
2023-10-31 11:05
Russia says it's battling saboteurs in cross-border raid from Ukraine
Russia says it's battling saboteurs in cross-border raid from Ukraine
By Pavel Polityuk KYIV Russia said on Monday it was battling a cross-border incursion by saboteurs who burst
2023-05-22 22:49
Guardiola happy to hold onto 'unique' Walker
Guardiola happy to hold onto 'unique' Walker
Pep Guardiola believes it would have been impossible to replace Kyle Walker if the England right-back had left the Premier League champions instead of...
2023-09-15 23:12
MrBeast breaks yet another record with worldwide challenge video
MrBeast breaks yet another record with worldwide challenge video
MrBeast has done it again, with another record-breaking challenge that's racked up tens of millions of views in less than 24 hours. On Saturday (19 August), the popular YouTuber, real name Jimmy Donaldson, uploaded an exciting challenge that saw every country in the world go head-to-head for $250,000 (£196,300). The video was an instant hit with his 177 million subscribers, having racked up 48 million views in 17 hours at the time of writing. The numbers continue to soar by the second. MrBeast's latest challenge sees one person from each country take on his version of the Olympics. All participants were flown out to America, before battling it out in five different rounds of activities including gymnastics, archery and fencing. Countries were eliminated throughout the challenge, with just 47 making it to the third round. The last standing won the cash prize. Every Country On Earth Fights For $250,000! www.youtube.com This isn't the first time the online sensation has broken records after his Squid Game challenge in 2021 and his 'lost at sea' experiment. MrBeast previously acknowledged his achievement when he broke the world record for the most views in 24 hours for a non-music video, with 46 million. Speaking about his famed 'Stranded at Sea' video from August 6, MrBeast said: "New video broke the world record for most views in 24 hours on a non music video! I’m living the life I would dream of every night when I was 13.. I love all of you and thank you so much for watching our videos!!! I’ll never take you all for granted." Sign up for 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.
2023-08-20 18:20
How did Tafari Campbell die? Barack Obama remembers 'talented' sous-chef, 45, as 'kind person who made lives brighter'
How did Tafari Campbell die? Barack Obama remembers 'talented' sous-chef, 45, as 'kind person who made lives brighter'
On July 23, Tafari Campbell who went paddleboarding on Edgartown Great Pond was struggling to stay afloat before he disappeared, as per witnesses
2023-07-25 14:35
Make Them Eat Actual Hot Dogs at the Hot Dog Eating Contest!
Make Them Eat Actual Hot Dogs at the Hot Dog Eating Contest!
They aren't eating hot dogs at the hot dog eating contest.
2023-07-04 20:31
US manufacturing stays depressed in November-ISM
US manufacturing stays depressed in November-ISM
WASHINGTONU.S. manufacturing remained subdued in November, according to a survey on Friday that also showed factory employment declining.
2023-12-01 23:29