Citadel Securities Boosts Fixed-Income Presence With New Bond Trade
Ken Griffin’s market-making giant is poised to offer trades in zero-coupon Treasuries, as it ramps up its presence
1970-01-01 08:00
Premier League may have to scrap mid-season break due to demands of calendar
The Premier League may have to scrap its mid-season break due to the overcrowding of the football calendar. The change could come into effect next season with FIFA’s revamped 32-team Club World Cup set to take place in the summer of 2025, as well as a larger-scale World Cup the following year. The Premier League introduced the break – which this season will take the form of a structured two-week period in January – in 2018 in a bid to ease the workload on players, but chief executive Richard Masters admits it is under discussion as it could become unworkable. “It is one of the things we are discussing with the FA and EFL. We want the Premier League, the big cup competitions and the EFL to flourish and that requires an adjustment,” he said. “It is the last season where it’s recognisable under the current international match calendar, where the Premier League starts on a particular weekend and the FA Cup final has its own weekend and you have the Champions League after that and a mid-season player break in the middle. “A lot will have to change because of the additional European dates. We are also very much aware of the changes to FIFA’s competitions. The World Cup is getting bigger, an additional group stage game is going to be added. Inevitably that’s going to take up more calendar space. “You obviously have the views of the players’ union and the players being expressed very strongly now. “From a leagues perspective, the European Leagues and World Leagues Forum are very clear on this, there has to be a forum for domestic competitions to be able to discuss the impact of regional and global decisions on the calendar. “There’s lots of dialogue with UEFA, very little dialogue with FIFA.” There were almost double the usual amount of yellow cards shown over the first weekend of the EFL season as the crackdown on time-wasting and player behaviour came into force. Masters expects the same in the top flight until players and managers get used to the law changes. “I think these things will level out,” he added. “It’s not the first crackdown that the governing bodies have had, in relation to surrounding referees for example. “Players and managers need time to adjust and actually the officials need time to adjust. “But over a period of time, rather than it to sort of dissipate and not have impact, everyone’s behaviour adjusts and things settle down. “There will be more yellow cards. I don’t know whether a doubling of yellow cards is a good thing or a bad thing. It certainly sends a message that the officials are true to their word.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Premier League looking into ‘historic’ financial issues at Chelsea I’ve struggled with the pressure – Katie Archibald misses out on omnium medal Gael Monfils rolls back the years to shock Stefanos Tsitsipas in Canada
1970-01-01 08:00
Premier League looking into ‘historic’ financial issues at Chelsea
Chief executive Richard Masters has confirmed the Premier League is investigating Chelsea regarding “historic” financial issues that the club reported. It was reported on Tuesday the Blues are the subject of a Premier League investigation for alleged breaches of financial regulations during Roman Abramovich’s time at the club. Current owners Todd Boehly and the Clearlake Capital Consortium, who took over last summer after Abramovich was forced to sell following sanctions as a result of Russia’s invasion of Ukraine, reportedly flagged the potential issue to the Premier League and Football Association themselves. That now appears to have been confirmed by Masters, who said: “We don’t comment on investigations unless they are out in the public domain. You obviously know who has been charged, that much is clear. “We have been pretty open about the historic issues with regard to Chelsea because they self-reported to the Premier League and to the FA so it is obvious we are looking into that.” UEFA announced last month it had been approached “proactively” by the club, who agreed to pay 10million euros (£8.57million) to Europe’s governing body after owning up to “incomplete financial reporting” between 2012 and 2019. We have been pretty open about the historic issues with regard to Chelsea because they self-reported to the Premier League and to the FA so it is obvious we are looking into that. Richard Masters Chelsea said in a statement at the time their new owners became aware of potential impropriety when carrying out a “thorough due diligence process” prior to the purchase. According to reports, no charges have yet been brought by the Premier League, but, even though the allegations relate to a previous ownership, possible sanctions could include a fine or points deduction if the club are found guilty of any wrongdoing. Chelsea have been contacted for comment. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
1970-01-01 08:00
Disney Raises Prices for Streaming Services by as Much as 27%
Walt Disney Co. is raising the prices of its streaming services, including a 27% increase for the advertising-free
1970-01-01 08:00
AI Lender Upstart’s 445% Rally Fades After Outlook Dampens Frenzy
Upstart Holdings Inc.’s breakneck rally is losing momentum after the lending platform that uses artificial intelligence provided a
1970-01-01 08:00
Disney Profit Beats Estimates After Streaming Losses Narrow
Walt Disney Co. reported third-quarter earnings that exceeded analysts’ expectations, benefiting from cost cutting and a narrower loss
1970-01-01 08:00
Hearty vs. Hardy: What’s the Difference?
You can’t spell ‘hearty’ without ‘heart,’ or ‘hardy’ without ‘hard.’
1970-01-01 08:00
Steelers taking a big risk with Kenny Pickett in training camp
Steelers quarterback Kenny Pickett is slated to start in the team's first preseason game on Friday against the Buccaneers.To play or not to play starting quarterbacks in preseason games? That is the question. The Pittsburgh Steelers decided to do the former with Kenny Pickett, rolling him o...
1970-01-01 08:00
Footage From Maui Fires Is Devastating
Footage from the Maui wildfires shows near total destruction of Lahaina.
1970-01-01 08:00
5 MW3 Features Needed at Lauch to Excite the Fan Base
Certain Modern Warfare 3 features are needed at launch on Nov. 10 to excite the Call of Duty fan base, including Ranked Play, great maps, Zombies, and more.
1970-01-01 08:00
Yankees rumors: Hal Steinbrenner has mind made up about Brian Cashman
The New York Yankees are hurdling toward last place, but don't expect major changes in management.The New York Yankees are in fourth place and 11.5 games out of first in the AL East. Per FanGraphs, the team has a whopping 11.7 percent chance of making the playoffs. Their odds to win the Wor...
1970-01-01 08:00
US Allows Carriers to Extend NYC Flight Cuts Amid Air Congestion
Airlines that have reduced their flight schedules into New York’s congested airports to help limit gridlock this summer
1970-01-01 08:00
