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Abu Dhabi Oil Giant Adnoc Makes Takeover Approach for Covestro
Abu Dhabi Oil Giant Adnoc Makes Takeover Approach for Covestro
Abu Dhabi National Oil Co. has made a preliminary takeover approach for German chemical producer Covestro AG, people
2023-06-20 20:22
Sunak Faces Cabinet Criticism Over Post-Brexit EU Borders Deal
Sunak Faces Cabinet Criticism Over Post-Brexit EU Borders Deal
UK Prime Minister Rishi Sunak faces criticism from within his own Cabinet over plans to pay the European
2023-06-20 20:20
Rate Cut Bets Build in Bond Markets From Australia to Sweden
Rate Cut Bets Build in Bond Markets From Australia to Sweden
A growing chorus of investors is buying bonds from certain developed nations where they believe interest rates will
2023-06-20 20:18
Tropical Storm Bret is expected to become the first hurricane of the season Wednesday
Tropical Storm Bret is expected to become the first hurricane of the season Wednesday
Tropical storm Bret could reach the Lesser Antilles islands in the Caribbean Sea by late Thursday as a rare June hurricane.
2023-06-20 20:16
Wife of Texas AG Ken Paxton says she'll participate in impeachment proceedings in capacity as state senator
Wife of Texas AG Ken Paxton says she'll participate in impeachment proceedings in capacity as state senator
The wife of embattled Attorney General Ken Paxton said Monday she will "carry out (her) duties" as a state senator and not recuse herself ahead of her husband's upcoming impeachment trial.
2023-06-20 20:01
Newcastle considering Nicolo Barella alternatives amid transfer fee gap and competition
Newcastle considering Nicolo Barella alternatives amid transfer fee gap and competition
Newcastle United are currently £30 million off Internazionale's valuation of Nicolo Barella, as Eddie Howe seeks to make a midfielder their main signing for this summer. That may see the Saudi-owned club turn to AC Milan's Sandro Tonali, although negotiations are ongoing over Barella. Inter Milan ended up paying Cagliari close to £40m all in for Barella and want to make a profit as they face pressure to raise money. That has meant an asking price of close to £80m but Newcastle do not want to go above £50m given the Italian's club situation. Liverpool have been similarly interested in Barella as they feel his energy fits with exactly what they want from a second midfielder to complement Alexis Mac Allister. The Anfield club nevertheless believe the price is currently far too high, with Nice's Khephren Thuram offering a more affordable option. Newcastle are themselves willing to look elsewhere with both Tonali and Chelsea's Conor Gallagher names they have considered. The St James Park club also have long-standing interest in James Maddison and sounded out Leicester City over whether he would be buyable for £45m, which was similar to what they have been willing to put forward for Barella. Leicester currently want almost double that, though, while the player himself is understood to prefer a move south for family reasons. That is why Tottenham Hotspur are now seen as more likelier to sign Maddison, although they similarly remain some way off as regards price.
2023-06-20 19:49
Football’s biggest brand? Only one thing can stop the Man City ‘machine’ now
Football’s biggest brand? Only one thing can stop the Man City ‘machine’ now
Manchester City were often described as the best team in the world, even before the Champions League that had long eluded them gave them a greater claim to that title. It was more contentious when their chairman, Khaldoon Al Mubarak, called them “the No 1 football brand in the world”. The alternative argument is that City are not even the leading football brand in Manchester. But at a point when Manchester United is up for sale and the Glazers want $6 billion, it was notable that Al Mubarak described the value of the City Football Group as over $6 billion. The picture he painted in his end-of-season address was of financial and footballing success with some of the world’s best executives, scouts and sporting staff. Certainly that description applies to Pep Guardiola. And yet this could not simply be the celebration of a transformation, a 15-year journey from a team who were in the relegation zone at Christmas a few months after Sheikh Mansour’s takeover to one who demolished Bayern Munich and Real Madrid, to the situation where Erling Haaland signed a contract and told Al Mubarak he would win him the Champions League. “To show you where Erling is going, this is the beginning,” Al Mubarak said. “And the scary part, this is just the beginning for him.” In a way, it is just the beginning for City, too: just not quite in the same respect. Al Mubarak said it was “very frustrating” the treble has come against the backdrop of 115 charges by the Premier League. The Emirati promised a “very blunt” response, but only when the legal process has happened. The question if these are tainted, tarnished titles will linger; perhaps forever, certainly until a case is finally heard. Some might argue there is an irony there. Al Mubarak had claimed Sheikh Mansour has given “passion to the club”; that the Champions League final was just the second game the owner had seen in the flesh might suggest he has a different way of showing it but, with his billions, he has been the architect of a rise. But if sportswashing is intended to launder reputations, City instead find their achievements and character impugned. The issues, however, do not surround the all-conquering 2022-23 season as much as how City got here; how they constructed the platform that took them to such heights and whether the financing that allowed them to build to this point amounted to repeated and deliberate breaches of regulations. On the pitch, City attract admiring glances. Al Mubarak claimed that, at a Uefa dinner the night before the Champions League final, he was asked what was special about City. “The winning mentality,” he replied, and that is not something that can simply be bought. He reflected on the hunger of Haaland, who reacted to his five-goal salvo against RB Leipzig by thinking he should have scored seven or eight, and the humility of the World Cup winner Julian Alvarez. He talked about how City have executives that rival clubs are trying to hire and the excellence of their medical staff. “Unheralded heroes,” he said. There was a point to the praise. There is a misconception that City can call upon a vast pool of players. “We have a high-quality small squad,” Al Mubarak countered. “But it’s not what I think is the perception, which is that we operate with a huge squad; that is not the case.” It is partly Guardiola’s preference but they are operating with around 18 top-class options, some of them very expensive, not a cast of thousands, like Chelsea. “People will throw at us, ‘the biggest spenders’, ‘you have the biggest squad,’” he said. Yet City should have few problems with Financial Fair Play now. “Look at our net spend figures,” Al Mubarak added. In a summer when they signed Haaland, they made a transfer-market profit, partly because of the departures of Raheem Sterling, Gabriel Jesus and Oleksandr Zinchenko, partly because they banked around £50 million by selling four youth-team products to Southampton. There were years of vast outlay. Now City has become a business with revenue streams. “We have a commercial machine that is one of the best in the world,” Al Mubarak said; some may disagree – many of their sponsorships come from the United Arab Emirates, some from companies connected to Sheikh Mansour – but City’s problem is not the present or the future, but the past and how they got here. For now, they have Guardiola tied up for another two years – Al Mubarak said he was “never concerned” before the Catalan extended his contract – an outstanding team and the opportunity to strengthen it. The outlook should be sunny but there are still clouds on the landscape. Read More Man City chairman vows to give ‘very blunt views’ on FFP charges once concluded Saudi Arabia can help Chelsea solve headache — but talks raise more questions than answers Sportswashing is about to change football beyond anything you can imagine
2023-06-20 19:43
Andrew Tate: From kickboxer to misogynist influencer
Andrew Tate: From kickboxer to misogynist influencer
Flaunting his bulging muscles, cigars and fast cars, Andrew Tate's videos on social media fascinate...
2023-06-20 19:07
Who's on board the missing Titanic sub?
Who's on board the missing Titanic sub?
(Reuters) -A five-person submersible vessel taking tourists on a $250,000 trip to see the wreckage of the 1912 Titanic disaster
2023-06-20 17:59
France to shut down climate NGO after protest violence
France to shut down climate NGO after protest violence
French authorities are expected shortly to issue a decree shutting down a climate activist group after demonstrators clashed with police over a controversial irrigation project that...
2023-06-20 17:41
Rubens painting 'lost' for centuries could sell for $7.7 million
Rubens painting 'lost' for centuries could sell for $7.7 million
A Rubens painting lost to history and misidentified for almost 300 years has re-emerged with the help of X-ray analysis and could now fetch up to £6 million ($7.7 million) at auction next month.
2023-06-20 17:41
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
2023-06-20 17:38
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