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Chelsea complete signing of France forward Christopher Nkunku for reported £63m
Chelsea complete signing of France forward Christopher Nkunku for reported £63m
Chelsea have completed the signing of France international Christopher Nkunku from RB Leipzig. The 25-year-old made a pre-contract agreement to join the club in December but has now completed the move for a reported £63million. He scored 23 goals in 36 games for the Bundesliga side last season and becomes the first major arrival at Stamford Bridge since Mauricio Pochettino was confirmed as the club’s new manager. “I am incredibly happy to be joining Chelsea,” Nkunku told the club’s website. “A big effort was made to bring me to the club and I am looking forward to meeting my new coach and team-mates and showing the Chelsea supporters what I can do on the pitch.” 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
Blinken says China spy balloon incident 'should be closed'
Blinken says China spy balloon incident 'should be closed'
BEIJING U.S. Secretary of State Antony Blinken said the spy balloon incident with China "should be closed" in
1970-01-01 08:00
LME Fueled Nickel Chaos by Lifting Circuit Breakers, Says Elliott
LME Fueled Nickel Chaos by Lifting Circuit Breakers, Says Elliott
The London Metal Exchange contributed to last year’s nickel crisis by removing trading curbs just as prices spiked
1970-01-01 08:00
Khaldoon Al Mubarak insists Manchester City will not stop growing
Khaldoon Al Mubarak insists Manchester City will not stop growing
Manchester City chairman Khaldoon Al Mubarak insists there will be no stopping as the club continue to grow their global influence. The Premier League and European champions sit at the heart of a worldwide network of 13 clubs known as the City Football Group. As well as City, the CFG operates clubs in locations including New York, Melbourne and Yokohama, and this year brought Brazilian outfit Bahia into the fold. CFG intends to invest considerably in all of those operations, including players, coaches, facilities and academies. Khaldoon told the club’s media channels: “It’s always about growth. You grow, you pause, you get things in order, and then you start the next step, one step at a time. We’re not going to stop. “We’re going to keep going and we’re going to keep investing and we’re going to keep growing value, and we’re going to keep bringing happiness to every community and every club we have in the world, and hopefully we’ll keep bringing success in every club and team we have around the world. “It’s been a great journey over the last 15 years but I’m excited about the future and it’s about now, the next 10, 15 years too.” Manchester City have been the greatest success story having won seven Premier League titles since 2012 and this year they became only the second English side to win the treble. The club’s latest new infrastructure project is now in the pipeline with plans recently submitted to increase capacity at the Etihad Stadium to more than 60,000. The expansion is part of a £300million development which also includes the construction of a hotel, shops and food and drink outlets as well as a new 3,000-capacity covered fan zone. Khaldoon says it will also not be the last improvement at the stadium. “It’s very exciting,” he said. “Every year there’s always something new, every year, because there’s always a need to improve and evolve and grow. We don’t stand still. We never stood still. “Every couple of years we will do something, whether it’s the Tunnel Club, whether it’s the new stands, whether it’s the seating. “And now we’re going to have a wonderful, wonderful development around it that’s going to just enhance the whole area, is going to be great for the fans and it’s going to bring, I think, positive revenue for the club. “We’re always in growth mode, we’re never in contentment and pause and ‘let’s just milk the asset’. “This is about building value and growing value, and it’s about reinvesting consistently into this club.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Heavy rain set to delay start of final day of first Ashes Test England’s Lauren Bell raring to go in Ashes opener after ‘special’ Test debut Alice Capsey and Alice Davidson-Richards released from England Test squad
1970-01-01 08:00
Wild Weather in China Poses New Threat to Country’s Grain Crops
Wild Weather in China Poses New Threat to Country’s Grain Crops
China is bracing for more extreme weather in coming days, bringing further risks to grain production across the
1970-01-01 08:00
Deutsche Bank Applies for Digital Asset License Amid Growth Push
Deutsche Bank Applies for Digital Asset License Amid Growth Push
Deutsche Bank AG has applied for regulatory permission to operate a custody service for digital assets such as
1970-01-01 08:00
United States media guide
United States media guide
An overview of the media in the United States, including links to broadcasters and newspapers.
1970-01-01 08:00
Egypt Hikes Private-Sector Wages Again After Pound Devaluations
Egypt Hikes Private-Sector Wages Again After Pound Devaluations
Egypt hiked the minimum wage for private-sector workers for the second time in six months, as a series
1970-01-01 08:00
Malaysia Nears Southeast Asia’s First Nationwide Airbnb Control
Malaysia Nears Southeast Asia’s First Nationwide Airbnb Control
Malaysia is inching closer to becoming the first country in Southeast Asia to impose widespread curbs on short-stay
1970-01-01 08:00
Powell Faces Tricky Task of Explaining Rate Pause in Congress
Powell Faces Tricky Task of Explaining Rate Pause in Congress
Federal Reserve Chair Jerome Powell will have an opportunity this week to clarify what many found a confusing
1970-01-01 08:00
Saudi Arabia can help Chelsea solve headache — but talks raise more questions than answers
Saudi Arabia can help Chelsea solve headache — but talks raise more questions than answers
There is suddenly a little bit of tension about one of the most ambitious plans in football. High-placed sources say this week brings a lot of discussion between Saudi Arabian representatives and those of top players in order to try and convince them to join the planet’s most disruptive competition. Some involved see it as a key period for the Saudi Pro League in terms of keeping the momentum going by getting truly big players. Interest in Neymar and David De Gea is now well known, but representatives are also looking at Riyad Mahrez and Bernardo Silva, and there are offers for a series of Chelsea players. Among them are N’Golo Kante, Edouard Mendy, Romelu Lukaku, Kalidou Koulibaly, Pierre-Emerick Aubameyang and Hakim Ziyech. It would represent quite the analgesic for what had been a real headache at Stamford Bridge. Throughout the last few months, the major question at Stamford Bridge, beyond the manager, was who was going to buy the players they needed to sell to trim the squad and meet Financial Fair Play requirements. Everyone “knew they were coming”, to use the industry phrase. Clubs were going to go in low and well under the asking price, as Manchester United have attempted with Mason Mount. Now, a solution has suddenly presented itself. Chelsea could clear a lot of players for big money, allowing Mauricio Pochettino a much cleaner slate to start working with. It has raised a lot of chatter within the game as well as outside. Football officials have privately pointed to the strong relationship between Chelsea majority owners Clearlake and Saudi Arabia’s Public Investment Fund [PIF], who have billions of pounds worth of assets managed by the American firm. Many within the game are now asking about Saudi influence on Chelsea but it has long been stressed there was no involvement in Clearlake’s 2022 purchase, and consequently no concern about potential conflicts of interest given the ownership of Newcastle United. The Owners and Directors test would also require that any influence be declared. It is being insisted now at Stamford Bridge that the only discussions taking place are “transactional conversations about players they’re interested in”. Chelsea and the Premier League have been approached for comment. The London club look to have just benefitted from good timing, although the biggest question now is how many players will actually be convinced to move, and “what actually gets done”. Lukaku is already reluctant. Manchester City’s Bernardo Silva would be unlikely to even consider a proposal if it arrives. The very fact such discussions are being had does raise two wider issues for the game. One, in the abstract, is the growing influence of private equity in football. Part of the reason such questions are being asked is that it’s unclear what money funds private equity in such takeovers. The Premier League, for example, doesn’t have to know. There are an increasing number of people in football who see private equity’s influence - going right up to possible deals with Serie A and La Liga - as just as problematic as state ownership, especially with how the potential is there for the two to overlap. There is then the big story of the summer, which revolves around one of the most ambitious and biggest of those states. Offers from the Saudi Pro League are expected to escalate in the next few weeks, as this is viewed as a key stage of the project. Bringing Ruben Neves from Wolves was a coup but they want bigger than that. It is also why there was some disappointment about the “complacency” of Uefa president Aleksander Ceferin about the extent the Saudi Pro League’s growth could distort the game. The Slovenian official gave an interview in the Netherlands on the eve of the Nations League final, in which he said the European game should not be concerned about any player exodus. “No, no, no… I think that it's mainly a mistake for Saudi Arabian football. Why is that a problem for them? Because they should invest in academies, they should bring coaches, and they should develop their own players." “The system of buying the players that almost ended their career is not the system that develops football. It was a similar mistake in China when they all brought players who are at the end of their career.” “Tell me one player who is top, top age and who starts his career and went to play in Saudi Arabia? But it's not about money only. Players want to win top competitions. And top competition is in Europe.” That question is something currently being tested, but a growing view is that Ceferin is wrong to make the comparison to China. Saudi Arabia has a much more developed football culture, with a good level of quality, and part of this project is improving that. There is then the wider issue of the football authorities' general lack of regulation and foresight on the influence of states and private equity groups. The next few days will nevertheless tell a lot, but this is really about the next few years. Read More First golf, now football? Saudi Arabia’s grand plan and the 72 hours that changed everything Sportswashing is about to change football beyond anything you can imagine The year that sportswashing won: A season that changed football forever Saudi Arabia can help Chelsea solve headache — but talks raise issues Carabao Cup 2023/24 fixture dates and schedule revealed Chelsea fixtures released for Premier League 2023/24 season
1970-01-01 08:00
FIFA stress ‘zero-tolerance policy’ as friendlies abandoned over racism claims
FIFA stress ‘zero-tolerance policy’ as friendlies abandoned over racism claims
FIFA will take a “zero tolerance” approach if allegations of racism which led to the abandonment of two friendly matches played on Monday are found proven. The Republic of Ireland Under-21s’ match against Kuwait Under-22s in Austria was called off after an allegation that a Kuwaiti player racially abused one of Ireland’s substitutes. The senior international between New Zealand and Qatar, also in Austria, was cut short after the New Zealand Football Association said one of its players, Michael Boxall, had a racist remark directed at him in the first half by a Qatari opponent. A FIFA spokesperson said: “FIFA is awaiting the official reports before deciding on next steps. “FIFA has a zero-tolerance policy against any forms of discrimination as stressed last week by the FIFA president.” Gianni Infantino said last week that referees should stop matches if incidents of discrimination occur. “It’s very important not just to talk about racism and discrimination, but to take action in a decisive and convincing manner – zero tolerance,” Infantino said. “There is no football if there is racism – so let’s stop the games. “The referees have this opportunity in FIFA competitions as we have this process for stopping the game, and actions have to be taken at every level, at national level as well. Infantino made the remarks after meeting with the Brazil squad in Barcelona, including Real Madrid forward Vinicius Junior who has been on the receiving end of repeated racial abuse in Spain this year. 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
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