Sboll is Your Go-to Source for the Latest Finance News, Covering Markets, Banking, Investments, Economy and Stocks.
⎯ 《 Sboll • Com 》

List of All Articles with Tag 'sport'

Paris Olympic organizing head says budget 'under control' a year ahead of 2024 Games
Paris Olympic organizing head says budget 'under control' a year ahead of 2024 Games
The president of the Paris Olympic organizing committee says the operating budget for the 2024 Games is “under control.”
2023-07-19 00:25
Australia’s Victoria State Cancels Hosting of 2026 Commonwealth Games
Australia’s Victoria State Cancels Hosting of 2026 Commonwealth Games
The Australian state of Victoria has pulled out of hosting the 2026 Commonwealth Games after costs blew out
2023-07-18 08:19
Leeds announce EFL approval of the club’s takeover by 49ers Enterprises
Leeds announce EFL approval of the club’s takeover by 49ers Enterprises
Leeds have announced the EFL has approved the club’s takeover by American investment group 49ers Enterprises. Chairman and majority shareholder Andrea Radrizzani agreed to sell his controlling stake last month and the deal, which valued the club at around £170million, has now been confirmed. 49ers Enterprises, which owns NFL franchise the San Francisco 49ers, has steadily increased its stake in Leeds since becoming a minority shareholder in 2018, while the deal includes full ownership of Elland Road. Paraag Marathe, previously vice-chairman, will take over as chairman, chief executive Angus Kinnear will remain in his current position and Rudy Cline-Thomas, founder and managing partner of venture capital firm MASTRY, will join the board as co-owner and vice-chairman. Former Norwich boss Daniel Farke was appointed manager on a four-year deal earlier this month ahead of the coming season’s bid to secure an immediate return to the Premier League following relegation in May. Marathe said in a Leeds statement: “This is an important moment for Leeds United and we are already hard at work. “This transition is a necessary reset to chart a new course for the club. We have already appointed a highly-respected first-team manager with a track record of success, and we are confident Leeds will field a competitive squad to contend for promotion next season. “It’s a privilege to carry this torch as I know we have a responsibility to ensure this club makes our staff, players, supporters and the Leeds and Yorkshire communities proud.” This is an important moment for Leeds United and we are already hard at work. New Leeds chairman Paraag Marathe Cline-Thomas said: “With my family hailing from Leeds, it’s an honour to be able to uplift this incredible community. “This is more than just an opportunity, it’s a personal mission. The chance to reinvigorate the cherished Leeds culture, to create a platform that attracts the world’s finest players, and build a truly global brand that celebrates diversity, is a prospect that thrills me.” 49ers Enterprises increased its stake in Leeds to 44 per cent in 2021 with the option of buying Radrizzani’s remaining 56 per cent before January 2024. The Americans had been keen to push through a full takeover this summer, but that agreement, which had valued Leeds at around £400million, was contingent on the club remaining in the Premier League. Leeds’ relegation forced both parties back into intense negotiations and a valuation of close to £170m was agreed. The deal marks the end of a six-year ownership of Leeds for Radrizzani, who said: “It has been an honour to guide Leeds United…and to spend so much time with the best fan base in the world. “49ers Enterprises have been fantastic partners for years and I’m confident they will take Leeds to the next level.” Radrizzani completed a full takeover from fellow Italian Massimo Cellino in 2017 and was initially hugely popular. He bought back Elland Road stadium, which had been in private ownership since 2004, and brought in fresh investment when 49ers Enterprises purchased its first 10 per cent stake in 2018. The appointment of Marcelo Bielsa soon after proved a masterstroke as Leeds won promotion back to the Premier League for the first time in 16 years. But Radrizzani’s relationship with the Leeds fan base began to sour when Bielsa was sacked in February 2022. Leeds escaped relegation on the final day of the 2021-22 season and Radrizzani promised that the club would not be involved in another survival fight. But results this past season failed to improve under three different managers. Jesse Marsch and Javi Gracia were both sacked, while Sam Allardyce left after his four-game rescue mission ended in failure. 49ers Enterprises have been fantastic partners for years and I'm confident they will take Leeds to the next level. Andrea Radrizzani When relegation was confirmed with a final-day defeat to Tottenham, Radrizzani was absent from Elland Road, opting instead to remain in Italy to finalise his takeover of Sampdoria. He later admitted Leeds’ board had made mistakes and apologised for the club’s relegation in a personal statement posted on social media. But after it emerged he had offered to use Elland Road as collateral when securing a £26m bank loan to buy Sampdoria – one of his companies and not Leeds owned the stadium – his legacy was further tainted. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Hannah Dingley’s interim spell to end as David Horseman named Forest Green boss Mikel Arteta believes ‘lighthouse’ Declan Rice can take Arsenal to next level Marcus Rashford set to sign new five-year deal at Manchester United
2023-07-18 06:17
Golf has long been about making connections. That won't change in an LIV-PGA Tour world
Golf has long been about making connections. That won't change in an LIV-PGA Tour world
The history of golf courses serving as a boardroom with grass is a lengthy one
2023-07-17 12:15
Golden Gate Fields racetrack in Northern California to close this fall
Golden Gate Fields racetrack in Northern California to close this fall
It’s the end of an era for Northern California horse racing
2023-07-17 07:19
Carlos Alcaraz Beats Novak Djokovic to Win First Wimbledon Title
Carlos Alcaraz Beats Novak Djokovic to Win First Wimbledon Title
Carlos Alcaraz, the 20-year old Spanish tennis phenomenon, defeated seven-time Wimbledon champion Novak Djokovic to win his first
2023-07-17 02:17
Harlan Crow, Other Billionaires Donate to DeSantis Campaign
Harlan Crow, Other Billionaires Donate to DeSantis Campaign
Florida Governor Ron DeSantis’s campaign can count billionaire real estate developer Harlan Crow among a list of wealthy
2023-07-16 07:17
Extreme Weather Torments Europe as Relentless Heat Marches On
Extreme Weather Torments Europe as Relentless Heat Marches On
Searing temperatures, forest fires and thunderstorm warnings tormented Europe on Saturday as the summer spell of extreme weather
2023-07-15 21:59
Barcelona, Man United fined by UEFA for breaking financial fair play rules
Barcelona, Man United fined by UEFA for breaking financial fair play rules
UEFA has fined Barcelona $560,000 and Manchester United must pay $336,000 for breaking Financial Fair Play rules
2023-07-14 20:54
Major League Soccer Considers Accepting Sovereign Wealth Money
Major League Soccer Considers Accepting Sovereign Wealth Money
Major League Soccer could be the next US sports league to allow sovereign wealth funds to invest in
2023-07-14 05:23
Saudi Wealth Fund Weighs Buying Another Top Football Club in Europe
Saudi Wealth Fund Weighs Buying Another Top Football Club in Europe
Newcastle United FC’s Saudi Arabian owners are considering buying another top football club in Europe, a person with
2023-07-13 20:27
Just 5% of women's players at Wimbledon have a female coach. The tennis tour wants to change that
Just 5% of women's players at Wimbledon have a female coach. The tennis tour wants to change that
Only six of the 128 women entered in singles at Wimbledon work with a female coach
2023-07-13 18:27
«21222324»