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List of All Articles with Tag 'sp'

Chelsea negotiating for Romeo Lavia transfer to take Todd Boehly’s spending past £900m
Chelsea negotiating for Romeo Lavia transfer to take Todd Boehly’s spending past £900m
Chelsea are negotiating a fee of £50m with add-ons for Romeo Lavia, after the midfielder signalled his intention to leave Southampton for Stamford Bridge rather than Liverpool. The Anfield club had earlier on Monday had a £60m bid accepted for the 19-year-old and, while he was interested in going north, moving to London has proved a more favourable option. There was some frustration given that it was felt Liverpool could have had a deal done last week, but Southampton absolutely refused to drop their asking price from £50m, in what has proved a seller's market. The signing will take Chelsea's expenditure to over £900m gross since the takeover in May 2022, and raised questions over how they will meet Financial Fair Play requirements. While the spending has inevitably been the subject of a lot of discussion at the top levels of clubs, just as it has been in the wider game, there has been no contact with the Premier League about it. Chelsea are likely to still have a number of outgoings in the two weeks left of the window - although that does raise the issue of clubs knowing they need to sell. The Premier League are expected to change their rules to bring them in line with Uefa's, closing a loophole that allows transfer fees to be spread over a longer-period and setting a limit at five years, but that will not affect the last year's spending. The regulations are also dependent on the year-end date for signings and which year the transactions go into. Chelsea completed the signing of Moises Caicedo for an initial £100m from Brighton earlier on Monday. Read More Chelsea end Caicedo saga by signing Brighton midfielder for initial £100m Chelsea’s £1bn spending spree still isn’t enough Chelsea and Liverpool trial football without defensive midfielders
2023-08-15 05:29
Michael Burry Exits Alibaba, JD.com Stakes in Portfolio Overhaul
Michael Burry Exits Alibaba, JD.com Stakes in Portfolio Overhaul
Michael Burry’s Scion Asset Management exited its stakes in Alibaba Group Holding Ltd. and JD.com Inc. in the
2023-08-15 04:17
Meloni Takes Ownership of Banks Levy That Showed Populist Bent
Meloni Takes Ownership of Banks Levy That Showed Populist Bent
Giorgia Meloni assumed full responsibility for last week’s surprise decision to impose a 40% tax on Italian banks’
2023-08-14 18:46
China's Country Garden suspends trading of onshore bonds amid talk of debt restructuring
China's Country Garden suspends trading of onshore bonds amid talk of debt restructuring
Country Garden, one of China's top property developers, suspended trading in 11 of its onshore bonds on Monday, adding to speculation the company may be preparing to restructure its debt as it struggles to raise enough cash in time to avoid default.
2023-08-14 15:53
Yuan Falls Toward This Year’s Low as Chinese Economy Sputters
Yuan Falls Toward This Year’s Low as Chinese Economy Sputters
China’s yuan fell toward its weakest level this year after a series of disappointing economic figures added to
2023-08-14 14:20
Top Singapore Banker Calls for Rethink of City’s Large Reserves
Top Singapore Banker Calls for Rethink of City’s Large Reserves
Singapore needs to figure out how to better deploy its sizable reserves and leverage its wealthy status by
2023-08-14 14:19
Blackstone Eyes Japan Property After Selling $4.5 Billion
Blackstone Eyes Japan Property After Selling $4.5 Billion
Blackstone Inc. is exploring more acquisitions in Japanese real estate, after selling about $4.5 billion worth in the
2023-08-14 13:55
Adani Probe Wraps Up as India Tightens Disclosure for Big Firms
Adani Probe Wraps Up as India Tightens Disclosure for Big Firms
Findings from an almost three year investigation by India’s capital markets watchdog into Gautam Adani’s eponymous conglomerate are
2023-08-14 08:22
China Hedge Funds in Crisis After Losses, US Investor Retreat
China Hedge Funds in Crisis After Losses, US Investor Retreat
Foreign investors are losing interest in China, and hedge funds that target the world’s second-biggest economy are paying
2023-08-14 08:22
Turkey’s Fenerbahce Signs Manchester United Football Star `Fred’ 
Turkey’s Fenerbahce Signs Manchester United Football Star `Fred’ 
Turkish football club Fenerbahce confirmed the signing of midfielder Frederico Rodrigues de Paula Santos, famously known as Fred,
2023-08-13 22:57
Storms, Armyworms and Biden's Faux Pas: Saturday Asia Briefing
Storms, Armyworms and Biden's Faux Pas: Saturday Asia Briefing
It was a week to forget in China, starting with data showing the worst export decline since February
2023-08-12 12:20
Inflation forces US families to spend $709 more a month than two years ago
Inflation forces US families to spend $709 more a month than two years ago
US inflation has had a snowballing effect on family budgets.
2023-08-11 23:15
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