Celtic respond to Arsenal’s improved Kieran Tierney transfer bid

first_imgCeltic respond to Arsenal’s improved Kieran Tierney transfer bid Metro Sport ReporterSunday 14 Jul 2019 6:16 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link98Shares Arsenal are desperate to sign Celtic left-back Kieran Tierney (Picture: Getty)Celtic are refusing to be bullied into selling Kieran Tierney to Arsenal, despite the north London club tabling an improved offer.Unai Emery is desperate to sign a new left-back with Nacho Monreal not a viable long-term option and Sead Kolasinac impressing mainly in a wing-back role last season.Arsenal tabled a £15million offer last month but the Scottish champions value the 22-year-old at £25million.The Gunners are said to have upped their initial offer on Friday but the Scottish Herald claims it still falls some way short of Celtic’s asking price, while Arsenal’s insistence on paying in a number of instalments also represents a stumbling block, according to the Scottish Sun.AdvertisementAdvertisementADVERTISEMENTMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityEmery has only a measly £45m budget to work with this summer after Arsenal’s capitulation at the end of last season cost them a place in the Champions League.A lack of funds has already proved problematic in Arsenal’s pursuit of Wilfried Zaha, while Brazilian teenager Gabriel Martinelli remains the only signing the club has made this summer.Speaking about the Tierney saga earlier this week, Celtic manager Neil Lennon said: ‘I have taken no notice of the headlines, I am well aware of where we are in terms of the situation.‘I spoke to Kieran in Austria and to be honest I haven’t really seen much of him because he came back early for rehab, so has not been on the training ground as yet.‘It can be an unsettling period for any player and that is understandable but until a club comes up with any sort of realistic valuation of the player we don’t have to do anything and we won’t.‘It’s as you were. Kieran is getting on with his rehabilitation and we are getting on with what we have to do here.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal Advertisementcenter_img Comment Advertisementlast_img read more

ICGN: ‘Investors faced with regulatory schizophrenia on governance’

first_imgHigh corporate governance standards and shareholders’ rights are under threat from a race to the bottom by regulators and stock exchanges, the executive director of the International Corporate Governance Network (ICGN) has argued.In a comment on the organisation’s website, Kerrie Waring said the principle of ’one share, one vote’ was under attack. ICGN is an investor-led organisation seeking to promote effective standards of corporate governance and investor stewardship; several major pension investors, like France’s Fonds de Réserve pour les Retraites and Ontario Teachers’ Pension Plan, are represented on its board. According to Waring, a growing number of companies were seeking to adopt multi-class share structures at the same time as stock exchanges and regulators were showing signs of being willing to accommodate companies with such share structures.She cited as an example last year’s initial public offering by the owner of Snapchat, a popular mobile app, which listed in the US only non-voting shares. She also pointed to the Singapore Stock Exchange last month issuing a clarification that companies with dual class structures who have a primary listing in developed markets are able to have a secondary listing in Singapore.   In the UK, meanwhile, the Financial Conduct Authority has launched a consultation on a new premium listing category for sovereign-controlled countries, a move that has worried investors. Many suspect it was linked to plans by Saudi Aramco, Saudi Arabia’s state-owned oil company, to list on an exchange.Hong Kong Exchanges and Clearing was also mulling changes that would involve lowering governance standards and weakening investor protections, Waring noted.Norway’s €824bn sovereign wealth fund recently criticised the Hong Kong plan.It was ironic, said Waring, that the threat to shareholder rights was coming at the same time as politicians and regulators were putting pressure on investors to do more to monitor and engage with boards to safeguard the value of underlying investments and protect shareholders’ and stakeholders’ interests.This was “regulatory schizophrenia of the worst kind”, she said.“Demanding investors do more to hold boards account while removing the most important means by which they can do so is setting them up to fail.”Investors needed to challenge this trend, according to Waring.One step they should take is to encourage global index providers to take more responsibility by excluding companies with lower governance standards, she said.Earlier this summer S&P Dow Jones announced it would exclude companies with multiple share classes from key benchmarks. FTSE Russell had shortly before announced it would exclude from its developed market benchmarks companies where 5% or less of the voting rights were in the hands of unrestricted shareholders. MSCI just finished a consultation on the treatment of non-voting shares.Waring said the ICGN encouraged regulators, stock exchanges and indices to pursue a “race to the top”.“The alternative,” she said, “is a decline in governance standards and a lack of effective oversight, which will leave markets ripe for another corporate failure at the expense of the investing public – pensioners, retail savers, insurance premium holders and society as a whole.”last_img read more

ATP plots more direct investments as returns stall

first_imgATP’s chief executive Christian Hyldahl, said of the Q1 result: “In a difficult market, a negative return of 1% for the first quarter of the year was satisfactory in light of the very high returns realised in 2017.“The result indicates that returns are about to be normalised as central banks place a tighter hold on liquidity and ramp up interest rates.” Christian Hyldahl, CEO, ATPATP’s allocations to credit, inflation-related instruments, state and mortgage bonds, and listed international equities all made a loss in the three-month period. Holdings in unlisted equities, infrastructure, real estate and listed Danish equities all made gains.Listed international equities lost DKK2bn, while state and mortgage bonds lost DKK1.4bn.In contrast, unlisted equities banked a DKK1.2bn profit, while infrastructure and real estate returned DKK932m and DKK787m respectively.Hyldahl told IPE that the Q1 result was a reflection of ATP’s diversified investment portfolio.“The core of our investment process is to construct a portfolio that is robust, built on risk factors and diversified into both illiquid and liquid markets,” he said.However, the CEO warned that market volatility was now coming back to a more “normal” state.“I think that with this type of volatility and this adjustment we will see for the rest of the year, we may have some negative quarters but hopefully our performance will be robust,” Hyldahl said.The latest quarterly results were confirmation that unlisted equities, real estate and infrastructure were strategically important asset classes, he added.“We see a lot of value in real estate,” Hyldahl said. “I’m not saying its cheap, but as a building block in the portfolio we see real estate as extremely important. In Q1 it is not the market value of properties that has been written up, but it’s the cashflow that has produced the positive return.”Direct investmentsIn February, ATP announced it was cutting its venture capital exposure and closing its office in New York, which was a base for its private equity subsidiary, ATP PEP.However, Hyldahl said the pension fund’s global direct investments would increase.Asset allocation via the ATP PEP fund of funds arm would be kept at current levels, he said, with the business to open a sixth fund to offset the run-offs from the older fund. Europe’s fourth largest pension fund, ATP, reported a loss on its investment portfolio in the first three months of this year as listed equity markets dived.The fund said it planned to increase its direct investments, which made solid profits in the quarter.The investment portfolio – which makes up less than a sixth of the Danish statutory pension fund’s total assets – lost DKK1bn (€134m) in the first quarter to stand at DKK116bn at the end of March.The loss followed a stellar 2017, in which ATP’s investment portfolio gained 29.5%, helped in particular by public and private equity allocations.center_img ATP wants to make more direct investments, such as its involvement in the takeover of TDCCredit: Uffe WengNew direct investments “could also be in the form of deals such as the transaction we entered into with TDC”, the chief executive added.Earlier this month, ATP – in a Macquarie-led consortium including fellow Danish pension funds PFA and PKA – won shareholder approval to buy TDC, the country’s former national telecommunications operator.ATP’s total assets across its guaranteed portfolio and its investment portfolio came to DKK768.5bn at the end of March, despite a total loss of DKK1.8bn loss across both segments.last_img read more

LeBron James posts another emotional tribute to Kobe Bryant

first_img Loading… ‘Man I love you big bro. My heart goes to Vanessa and the kids. I promise you I’ll continue your legacy man! ‘Please give me the strength from the heavens above and watch over me.’ The two men never played together for the Lakers, but James had a ‘dream come true’ when they lined up side-by-side in a triumphant US Olympic team. James, 35, moved into third place in the NBA all-time rankings on Saturday after beating Bryant’s total of 33,643, and hailed the older man as an ‘inspiration’ in a warm tribute. LeBron also celebrated Bryant with the message ‘Mamba 4 Life’ on his sneakers when he beat Kobe’s record. Bryant praised LeBron in response for ‘continuing to take the game forward’, signing off with the words ‘much respect my brother’ in what proved to be his last tweet. James also recalled how he first met his idol at a youth basketball camp and described how Bryant had gifted him a pair of red, white and blue Nikes. ‘I was just listening,’ James said. ‘I was just trying to soak everything up I could. ‘I remember one thing he said was that if you want to try and be great at it, and want to be one of the greats, you’ve got to put the work in.’ LeBron passed Bryant’s record in Philadelphia, where Bryant was born. ‘There’s just too much. The story is just too much,’ James said. Read Also:NBA players, fans pay tribute to trailblazing idol Kobe ‘The story doesn’t make sense. Make a long story short, now I’m here in a Lakers uniform, in Philadelphia where he’s from.’ Grieving fans said the emotional tributes had become ‘hard to watch’ after Bryant’s sudden death. FacebookTwitterWhatsAppEmail分享 LeBron James has posted a second emotional tribute to Kobe Bryant after the NBA legend’s death in a helicopter crash on Sunday. A heartbroken James shared a clip of himself playfully embracing Bryant on the sidelines of an NBA fixture just four weeks ago. James hailed his former Olympic team-mate with the caption ‘My brother!! I love you man!’. He added a series of emojis including a broken heart and a snake, referring to Bryant’s nickname, the Black Mamba. The clip which James shared on Instagram shows the two men embracing at the Staples Center on December 29, less than a month before Bryant’s death. LeBron was playing for the Lakers against the Dallas Mavericks when he exchanged a playful hug and some warm words with Bryant, who was sitting on the sidelines. Sunday’s helicopter tragedy had a particular personal meaning for James, who saw Bryant as an inspiration throughout his childhood and career. In a poignant coincidence, James had exchanged emotional tributes with Bryant less than 24 hours before his death after passing his NBA points tally on Saturday. The following day, James learned of Bryant’s death while the Lakers were flying home from the game in Philadelphia. An emotional James wept on the tarmac at LAX after the team arrived back in Los Angeles on Sunday. In a first Instagram tribute yesterday, James hailed the two men’s ‘brotherhood’ and vowed to continue Bryant’s legacy. ‘I literally just heard your voice Sunday morning before I left Philly to head back to LA,’ he said. ‘Didn’t think for one bit in a million years that would be the last conversation we’d have. ‘WTF!! I’m heartbroken and devastated my brother!! Promoted ContentThe 10 Best Secondary Education Systems In The WorldPlaying Games For Hours Can Do This To Your BodyA Guy Turns Gray Walls And Simple Bricks Into Works Of ArtSome Impressive And Almost Shocking Robots That Exist9 Facts You Should Know Before Getting A TattooWhich Country Is The Most Romantic In The World?7 Universities In The World Where Education Costs Too MuchThe Very Last Bitcoin Will Be Mined Around 2140. Read More10 Phones That Can Easily Fit In The Smallest PocketBest Car Manufacturers In The WorldThis Guy Photoshopped Himself Into Celeb Pics And It’s HystericalCouples Who Celebrated Their Union In A Unique, Unforgettable Waylast_img read more

Chinese club insist ‘Ighalo must return’ as talks to extend loan deal stalled

first_img Promoted Content9 Facts You Should Know Before Getting A Tattoo10 Irresistibly Gorgeous Asian Actresses6 Most Overpowered Live Action Disney Characters2020 Tattoo Trends: Here’s What You’ll See This YearMost Appreciated First Ladies In The History Of AmericaYou’ve Only Seen Such Colorful Hairdos In A Handful Of Anime5 Of The World’s Most Unique Theme Parks7 Universities In The World Where Education Costs Too Much10 Incredibly Looking Albino AnimalsTop 6 Iconic Supercar MoviesThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreWhat Happens To Your Brain When You Play Too Much Video Games? The 30-year-old’s contract is due to expire on 31 May, while there is also no option to buy within the deal. Due to the coronavirus pandemic, this has posed problems as the Premier League will not return before 1 June at the very earliest. The Evening Standard now report that Man Utd’s attempts to extend his loan have hit a wall. Ole Gunnar Solskjaer ‘wants’ to keep hold of the former Watford man until the 2019/20 season is over, and the club have attempted to secure a short-term deal rather than a permanent move at this time. However, the report adds that Ighalo ‘could’ have played his last game for the club as his parent club Shanghai Shenhua are demanding the player returns to China for the start of their new season. read also:Newcastle intensify bid to hire Ighalo once £300m takeover is completed It was recently revealed that Shanghai Shenhua are expecting to have Ighalo back for the start of their season, which is due to begin in July. Should United wish to make his move permanent, they would have to pay his £20m release clause – although Newcastle have since entered the running amid talk of a big money takeover. FacebookTwitterWhatsAppEmail分享 Manchester United’s efforts to extend Odion Ighalo’s loan deal are said to have reached an ‘impasse’, with Shanghai Shenhua demanding he returns for the new Chinese Super League season. Ighalo has impressed at Old Trafford Ighalo secured a ‘dream’ loan move to Old Trafford late in the January transfer window. And while the move was questioned and criticised by many, the Nigerian has proven to be a valuable addition. Ighalo has started just three games for the Red Devils, but has managed four goals in these games. It was noted in March that United were ready to sign him permanently for around £15m, while the striker has also recently admitted that he wants his loan to be extended so that he can remain at Old Trafford until the current season is complete.Advertisementcenter_img Loading… last_img read more

IMCA Stock Car 500 engine option won’t be claimable

first_imgVINTON, Iowa ­– IMCA Sunoco Stock Car drivers running with the 500 cfm engine option will not be subject to engine claims, effective immediately for all sanctioned weekly, special and special series events during the 2016 calendar year.“Our executive committee has had an extensive amount of discussion as to the necessity of the engine claim with this particular engine option. Based on the specificity of the 500 cfm engine rules, costs have been reasonably contained,” explained IMCA Presi­dent Brett Root. “The 500 cfm option has a tighter set of parameters than the 350 that address cost control.”“Since 2005 we have offered a non-claimable engine option in nearly every other IMCA division,” he added. “It makes sense to do this in the Stock Car division as well. With no crate engine option available, the 500 cfm carburetor option makes the most sense for us to make this decision in regard to.”“For this reason and the low occurrence of engine claims in the Stock Car division last year, it makes sense for us to make this decision at this time,” Root concluded.Based on engine rules that are much more liberal, the engine claim will remain in place for Stock Cars employing the 350 cfm carburetor option. Shock absorber and carburetor claims are also unchanged for either option.Drivers are still required to clearly designate which engine option they are using on the driver’s side roof post and penalties will remain in place for those attempting to circumvent that designation or their claim eligibility.30last_img read more

Lady Chargers Defeat Lady Mohawks

first_imgNorth Decatur High School Girls Varsity Volleyball beat Waldron High School 3-1.  24-26, 25-22, 25-18, 25-16The Lady Chargers came to play tonight! Energy levels were high both on the court & bench and there was great team chemistry! We were scrappy on defense and never quit!JV dropped the first set but then battled back to take the next two: 22-25, 25-15, 16-14Lainey Crites had 9 assists and played very well. Abby Hartman contributed 5 kills, Sammi Luttel 3 aces, and Brittany Krieger 18 digs! It has been great to see Brittany really take to that Libero position, she has done a great job all season defensively!Varsity also dropped the first set and then had to battle for the next 3: 24-26, 25-22, 25-18, 25-16Kara Muckerheide has an impressive game both offensively & defensively recording 37 assists, 6 kills, and a team-high 32 digs!Olivia Bohman added 16 kills and 22 digs. Erika Kramer 15 kills and 25 digs!Jenna Geis 7 kills, Madelyn Bohman 6 kills and both Geis & M. Bohman has 5 blocks apiece!This was a great conference win for us! We knew it would be a battle as we faced Waldron throughout the league in the summer and dropped a match to them and won on. Very pleased to see the girls come out strong and get the victory. We move to 3-1 in the conference and 17-7 on the season!Courtesy of Chargers Coach Ashley Gauck.last_img read more

Fitness53 rewards members on first anniversary

first_imgA dream can become true, that is if you really want it to. However, the dream becoming a reality depends on the dreamer. In January 2016, one of Guyana’s finest cricketers brought his dream to fruition by opening a state-of-the-art gym, Fitness53 Inc., at Providence on the East Bank Demerara.Ramnaresh Sarwan, commonly called ‘Ronnie’, built his dream from the ground up, literally.Although it took some time to complete, it can now be described as a landmark for some, but for ‘Ronnie’ it is his way of showing his appreciation to Guyanese.On Wednesday, Fitness53 Inc. celebrated its first anniversary. The celebration started on Tuesday with a raffle, where 30 members, randomly selected by computer, were given prizes ranging from free passes for one month, to gym clothing. Later in the week, the staff and some members will be feeding the children of an orphanage in Georgetown.To date, the gym has close to 2,500 registered members with an average of 200 persons attending daily. “From 05:00hrs to 21:00hrs, there is a constant flow of people. Some come for a one-hour work out, while others come for as much as three hours. Some come in the mornings and back again in the evenings.A few members come and work out, have a shower, hot or cold, then go to work. As long as you are a member you have unlimited access to the facility,” Manager of the facility, Darlene Harris, said.There are scheduled classes for Zumba, Spin, Aerobics, Abs and what the gym calls Cardio/Step Fusion. There are both male and female trainers/instructors, who are highly skilled with many, many years of experience.From 17:00hrs to 22:00hrs, a Nutritionist is on site for consultations. The Health Bar provides smoothies, shakes, salads and other canned/bottled beverages.“For the New Year the gym hopes to bring in Rowing Machines, have the Sauna up and running and get a masseuse or masseur on board. ‘Ronnie’, his family and staff would like to wish all of Guyana a happy and prosperous New Year and say to you make your own dreams become true,” Harris concluded.last_img read more

Osaka Begins Title Defence with Scrappy Win, Serena Through

first_imgDefending champion Naomi Osaka fought her way into the second round of the US Open with victory over Anna Blinkova.Osaka, who lifted her first major title at Flushing Meadows a year ago, fell 4-1 down in the first set but then won five straight games on the way to an unconvincing victory.The Japanese top seed had a chance to win at 6-5 in the second but was broken back, before Blinkova managed to steal the set in the tie-break. Serena Williams Osaka moved 4-1 ahead in the deciding set, then broke again to win 5-2 and see off a dogged Blinkova.Osaka will now face Astra Sharma or Magda Linette in the next round.Similarly, Serena Williams made the perfect return to the US Open after last year’s controversial final by thrashing her long-time rival Maria Sharapova.Williams, 37, won 6-1 6-1 in a first-round meeting which ended up lasting just 59 minutes.Twelve months ago, Williams called the umpire “a cheat” and “a liar” during her loss to Naomi Osaka.But the mood was rather different as she beat the 32-year-old Russian for the 19th time in a row.Eighth seed Williams, who is bidding for a record-equalling 24th Grand Slam title and a first since returning from giving birth two years ago, broke Sharapova’s serve five times as she eased into a second-round meeting with fellow American Catherine McNally.When asked about the decision not to allow Portuguese umpire Carlos Ramos to officiate her matches in New York following their infamous row, Williams said: “I do not know who that is.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Students turn out to protest, support Obama

first_imgStudents and community members from both sides of the aisle gathered at Exposition Park on Monday to welcome President Barack Obama, who visited Los Angeles to speak at a fundraiser for Sen. Barbara Boxer’s re-election campaign.Speaking out · A man protests on Figueroa Street during President Barack Obama’s visit to Exposition Park on Monday. He and 35 others argued against the military presence in the Middle East. About 20 others attended to protest re-electing Sen. Barbara Boxer. – Brandon Hui | Daily Trojan Obama arrived in Exposition Park at around 5 p.m. by helicopter. Both protestors and supporters were in attendance to greet him.Though Exposition Park was gated off and entrance to the night’s events was too expensive for many students — tickets for the reception at the California Science Center ranged from $250 to $2,500 and tickets to the dinner at the Natural History Museum cost $17,600 — some chose to stand along Figueroa Street to protest or show support.Several members of USC College Democrats turned out to the event in support of Boxer’s campaign.“The Democrats are out here because we support President Obama and we support Barbara Boxer,” said Aaron Perman, a junior majoring in business administration and the vice president of USC College Democrats. “We believe Barbara Boxer is the right choice for California.”Perman said the group had hoped to get more members out to Exposition Park to be a stronger presence.“Unfortunately, we’re spread out. We all had classes now, and we have a meeting later tonight,” Perman said.About 50 protestors, including USC students, were also on hand for the president’s arrival. Members of USC Students for Carly, a support group for Republican senatorial candidate Carly Fiorina, attended the event to show their support for Fiorina and voice their opposition to Boxer and Obama.“It was a  really positive experience for everyone who was there,” said Lauren Korbatov, co-chair for Students for Carly. “One group of people was anti-Obama because they opposed the war, and our protestors were there to support Carly Fiorina … We were there to represent Carly’s campaign and voters who want to see Barbara Boxer defeated.”Some students happened upon the fundraiser unintentionally and found themselves unable to get through. Because of security concerns, officials closed several heavily trafficked streets, including Figueroa between Exposition Boulevard and Martin Luther King Boulevard, Exposition between Figueroa and Vermont Avenue, Flower Street between Exposition and 38th Street, and Figueroa between McCarthy Way and Exposition. USC gates 1 and 2 were also closed from 5 p.m. to 9:15 p.m.Though students understood the need for enhanced security, some found the traffic barriers inconvenient.“It’s already pretty hard to get around campus because the streets are always under construction, so I think it’s really unnecessary,” said Jonalyn Abraham, a sophomore majoring in architecture who was turned away at a gate near Exposition as she was biking with a friend. “Our campus doesn’t need to be closed off if it’s over there.”last_img read more