Category: Sports

Man U in the money? Not quite

Manchester United’s plans to refinance its debts - estimated by some at £714m - through a high interest £500m bond issue are proceeding but not wholly according to the plan.

The club has found takers for the bonds but one half …

Pesto’s take on Man U’s debts

Manchester United, freshly dumped from the FA Cup, continue to maintain that servicing the debts the owning Glazer family took on to ‘buy’ the club is not a problem and that there is plenty of cash left in the kitty …

Portsmouth and Chelsea - the perils of football finances

Former Chelsea manager Avram Grant, now in charge at Portsmouth, is in a good position to reflect on football’s haves and have nots.

Pompey definitely come into the latter category, having being served with a winding up order by Her Majesty’s Revenues …

Man City’s Cook puts his trainers in his mouth

Manchester City’s CEO Garry Cook, a former Nike executive, appeared at a press conference today to talk about the club’s new manager Roberto Mancini.

After reading out the usual self-serving statement he was goaded into speaking unprompted by the disbelieving hacks. …

NoW has the knives out for John Terry

The News of the World, a bit short of real scandals these days as the privacy rulings of Lord Justice Eady bite into its habitual activities, has fingered Chelsea and England captain John Terry once more, this time for offering trips …

Sheikh nixes Hughes - are these foreign owners of Premiership clubs contributing anything?

Mark Hughes was fired tonight as manager of Manchester City by Sheikh Mansour of Abu Dhabi, who, as far as we know, has no track record as a football fan.

He’s advised by his chief executive Gary Cook, who’s a former Nike executive. …

Gillette owner P&G sacks Tiger Woods

Gillette owner Procter & Gamble has dumped under-fire golfer Tiger Woods from its multi-million dollar Gillette campaign, in which he features with the almost equally wooden Thierry Henry and Roger Federer.

This gives the boys in Cincinnati and agency BBDO in …

OMG there’s a Tiger Woods sextape!

Or maybe not. But it’s quite funny anyway.

Oh to be one of Tiger’s lawyers or PR men or agents or whatever. They’ll be putting in seven figure invoices already although Tiger is, as they say in his trade, in the …

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