Erik ten Hag tells Chelsea ‘money doesn’t work’ without strategy
Erik ten Hag has insisted that spending money without a strategy is a recipe for failure as he considered Chelsea’s season and the possibility of a takeover at Manchester United. Chelsea have committed around £600 million for 16 new signings since Todd Boehly and Clearlake Capital bought the club a year ago but the 2021 Champions League winners visit Old Trafford on Thursday certain to finish in the bottom half of the table. Ten Hag has spent around £200m in his reign but United, who came sixth last season, will be guaranteed a top-four finish if they avoid defeat in either of their last two games of the season. But their future is shrouded in uncertainty with the owners, the Glazer family, putting the club up for sale. The Ineos businessman Sir Jim Ratcliffe and the Qatari billionaire Sheikh Jassim bin Hamad al Thani have both submitted three bids so far. Asked about comparisons with Chelsea, Ten Hag argued ambition and funds are not enough without a proper plan. “When there is no strategy behind, or (not) the right strategy, money doesn’t work,” he said. “In this moment there is a centralisation of good players, of the best managers, also of the money, it is all here in the UK. And that makes a great competition, but also a tough and a hard competition. “And you have to do the right things and you can have money but you have to do it and spend it in a smart way and also you need a strategy behind it, because, otherwise, the money doesn’t work.” Read More Football rumours: Manchester United ‘launching £55million swoop’ for Mason Mount Gareth Southgate adamant Raheem Sterling has the mental toughness to bounce back Frank Lampard not surprised contract talks with Mason Mount are taking time
1970-01-01 08:00
Central Europe firms stake positions in Ukraine reconstruction race
By Michael Kahn, Robert Muller and Anna Koper PRAGUE/WARSAW Central European companies are scouting out locations, signing contracts
1970-01-01 08:00
Turkey Asked Banks to Buy Eurobonds to Support Default Swaps
Turkey’s central bank asked some local lenders this week to step in and buy the country’s dollar bonds,
1970-01-01 08:00
UK Energy Bills Set to Drop as Easing Gas Costs Finally Register
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1970-01-01 08:00
Singapore Dollar at Record High Versus Ringgit on China Worries
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1970-01-01 08:00
Billionaire Reuben Brothers Win Battle Over Russian Fraud
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1970-01-01 08:00
'The View' announces major change after Whoopi Goldberg reveals hosts are 'struggling' amid WGA strike
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1970-01-01 08:00
Football rumours: Manchester United ‘launching £55million swoop’ for Mason Mount
What the papers say Manchester United are “launching a £55 million swoop” for Chelsea forward Mason Mount, according to the Daily Mail. The 24-year-old is also being sought by Liverpool and Arsenal as he enters the final year of his contract at Stamford Bridge with his future under increasing uncertainty. The Independent reports Aston Villa are leading the race to sign Leicester winger Harvey Barnes, 25, in the summer. The Foxes could also lose attacker James Maddison, 26, after a tough season for the struggling club. West Ham are looking increasingly like they will keep David Moyes on as manager despite constant chatter all season that he would be moved on, The Guardian says. The 60-year-old may now be given another season after reaching the Europa Conference League final and winning their fight against relegation. And Arsenal manager Mikel Arteta is considering allowing attacker Emile Smith Rowe, 22, to leave in order to make room for Maddison. According to the Daily Mirror, despite Smith Rowe being one of the most popular players among fans, he could be shown the door after failing to start a single game in all competitions this season. Social media round-up Players to watch Antonio Sanabria: The Mail reports via La Repubblica the Gunners are interested in adding the 26-year-old Torino and Paraguay forward in a deal worth £21.6m. Victor Osimhen: The Mirror reports via Il Mattino that Manchester United have been told they must pay £140m if they want to sign the 24-year-old Napoli striker. 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
Southeast Asia’s Stock Valuation Premium Disappears Amid Selloff
The selloff in a gauge of Southeast Asian equities this month has made it cheaper than a broader
1970-01-01 08:00
Seven & i shareholders reject board candidates nominated by ValueAct
By Makiko Yamazaki and Mayu Sakoda TOKYO Shareholders of Japan's Seven & i Holdings Co Ltd on Thursday
1970-01-01 08:00
Erdogan party split on economic plan as Turkey runoff looms, sources say
By Ebru Tuncay, Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) -Days before Turkey's runoff presidential election, there is disagreement and
1970-01-01 08:00
RBI May Need to Buy $18 Billion of Bonds to Add Cash, ICICI Says
India’s central bank may buy as much as 1.5 trillion rupees ($18 billion) of government bonds to replenish
1970-01-01 08:00
