Espanyol have two offers on the table for the immediate sale of the club

first_img Cerberus Capital Management’s offer would involve the purchase of 40% of Espanyol’s shares. In the event of this, majority shareholders Daniel Sanchez Llibre and Ramon Condal would take lower their stakes in the club. The investment group would be able to secure 75% of the money generated by shareholders as a result to encourage future growth. Cerberus would take charge of the club’s debts alongside an English bank, restructuring the debt of 140 million euros, with Espanyol also able to repay Hacienda. The North America group intend to invest 50 million euros to lead a charge towards the Champions League, revitalising the club to encourage profits. If things with Fosun do not take a definitive step forward, Cerberus – a group which has 25 million dollars worth of investment within 300 businesses around the world – will take control of Espanyol. Change is very close. Lluis Miguelsanz Upd. at 11:04 There are two offers on the table, but the proposed figures behind American investment from Cerberus still need to be analysed. The negotiations are at an advanced stage and contracts are currently being drawn up to try and put together a pre-agreement. The more viable option comes from Chinese investment group Fosun, one of the most powerful groups of their kind in the world. Talks have progressed, but they may be unable to put together a deal that will be capable of improving the financial state of the club in the short-term future. CESTcenter_img 10/06/2015 Rumours surrouding the sale of the club began in the early stages of 2015. Their majority shareholders, conscious of the tough current economic situation, have tried their hardest to track down cash injections. Espanyol are in a complicated financial situation, above all due to the debts owed to Hacienda. In the past, they have managed to get by courtesy of transferring players, but now the Catalan club have reached a point where it is difficult to avoid facing up to making repayments. This summer is especially important, with a vital sum of money due to Hacienda. The other option is Chinese business group Fosun. They have been interested in Espanyol since last year, but have not become involved in negotiations until recent weeks. Fosun would like to aquire the most shares possible, before taking responsibility for the debt themselves, using their own depts of resources rather than a loan. They have huge economic potential, but negotiations are moving slowly and there is still no green light given regarding the purchase of the club. Espanyol’s majority shareholders are in constant contact with the Chinese group and hope for news this week. A devastating blow to Espanyol’s finances has been an ongoing crisis with their current sponsor, Power8, who would like to break their commercial agreement with the club. The news is a lethal torpedo to Espanyol’s attempts to stay afloat. The club’s majority shareholders are also reaching the end of their tethers, after already pumping their own money into supporting the club. At this point, there can be no other solution than finding a financial group or multimillionaire.last_img read more

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PSG’s Ibrahimovic could be on his way to Qatar in 2016

first_imgZlatan Ibrahimovic will not play for Milan next season. The Swedish striker travelled to Doha with his agent Mino Raiola to meet with PSG president Nasser Al-Khelaifi, in order to negotiate a contract, with his current deal ending in June 2016. The meeting, according to French media, was not to increase his salary during his final year, but to instead open the door to a possible exit to a Qatari club after his time at PSG. Upd. on 26/06/2015 at 20:29 CEST The striker’s contract with PSG has had a net salary of 12 million euros during his first three years at the club, with a 20% cut back installed during his fourth and final year – lowering his wage to 9.6 million euros. Raiola met with Adriano Galliani and Milan to discuss a transfer, but the Italian club are not in the position to pay for a deal, nor reach his agent’s demands of 10 million euros. Jordi Blanco 17/06/2015 Therefore, Ibrahimovic tried without luck to maintain his salary of 12 million euros during his final year of contract at PSG. Al-Khelaifi did not accept his requests, as according to sources close to the president of the French club, he offered him the chance to sign for a Qatari club the season after, with a contract that could compensate for what the Swede stands to lose at PSG. Ibrahimovic has several options regarding his future, including a chance to go to the MLS, but playing in Qatar would offer him better economic incentives and furthermore, with his destination likely to be Xavi’s Al-Sadd, the opportunity to form part of one of the best teams in the country.last_img read more

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Alen Halilovic: Abelardo & Luis Enrique are very similar… and Modric is world’s best midfielder

first_imgAlen Halilovic became, at 16, the youngest player to debut for Dinamo Zagrab, to score in the Croatian league and to play for the Croatian national team. Two years later, FC Barcelona signed him, and after one year playing for Barça B, he joined la Liga side Sporting Gijon on loan.  “Luis Enrique and Abelardo are very similar, both like to talk with their players a lot, they are direct and they tell you what you need to do, what you do well and what you do not so well,” Halilovic continued.  Despite playing in Croatia’s top flight with Dinamo, this is his first year in Spain’s top division. “It’s a different league. We’ve only won once, but we’ve played really well and if we work hard, the victories will come and we will move towards our objective, which is to stay up,” he said in regards to Gijon’s start to the campaign.  EFE “I speak a lot with Rakitic. He’s my best friend in the Croatian side. He helps me a lot. And, even though he plays for Real Madrid, I also get on well with Luka Modric, who is the best midfielder in the world for me, and Mateo Kovacic,” he added.  02/10/2015 “In my first conversation with Abelardo, Sporting’s manager, he told me he had spoke with Luis Enrique and that they believed this year was going to be very important for me to play games, to work hard and to learn about la Liga,” Halilovic said in the interview.  “Luis Enrique told me the best thing for me was to come to Gijon, where I would be in a good team, a young team, and my parents also said it was for the best,” he added.  In his first interview since moving to Gijon, the second youngest player to play in the Champions League has spoken about different aspects of his career and his new situation as a Sporting player.  CEST Alen Halilovic remembers his arrival in Barcelona and his first training sessions with the club’s stars as if it was yesterday. “It was impressive. I always say that it’s like being on another planet when you train or play with these players. But they are all normal, you can speak with them. When I arrived, Gerard Pique, for example, said if I needed anything, he would help me. It was all very friendly,” he stated.  In the interview, the Sporting player also said his intention is “to play for FC Barcelona’s first team.” Finally, he also answered questions about being compared to Messi. “He is the best player in the history of football. Nobody plays, or will ever play like him, including me, although I like it that people compare me to him. Upd. at 17:56 last_img read more

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Football Leaks reveal Porto payment for Casemiro

first_imgThe website Football Leaks has published the commission that Porto had to pay after Real Madrid paid 7.5 million euros to end Casemiro’s loan spell at the Portuguese club last summer.  It claims that Porto had to pay 1.26 million euros to the company Vela Management Limited, who then had to share that money with Energy Soccer, a company ran by the son of Porto’s president, Alexandre Pinto da Costa.  29/03/2016 Jorge Giner Meanwhile, the same loan agreement between Porto and Real Madrid, which was closed at 1.2 million euros, also included a right for the Portuguese club to by the Brazilian midfielder for 13.8 million euros.  CEST Upd. at 20:41 The commission established in this operation was for the “provision of management and monitoring of Casemiro”. However, Los Blancos were able to block that option by re-signing Casemiro for said 7.5 million euros last season.last_img read more

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Julen Lopetegui: It’s an honour for Spain to play at Wembley

first_img Upd. on 15/11/2016 at 12:29 CET 14/11/2016 On Gareth Southgate he said: “England are improving with their new coach. It’s possible that Southgate and I are on similar trajectories. In the end we are doing the same job and we took charge of the U21 teams. I wish him the best.” Sport EN The coach didn’t want to think about his absences – players like Gerard Pique, Andres Iniesta and Jordi Alba. “We always suffer injuries and absences, but the protagonists will be who they are. I am confident until death in them.”  Spain coach Julen Lopetegui didn’t wnat to give any clues over his line up ahead of the clash with England. “The first to know will be the players,” he said. “It’s an honour and a pleasure to play at Wembley. We are taking on a historic rival like England who are in good form. It’s a fantastic place to have a great game.”center_img IN SPORT.ES Lopetegui added: “Any professional likes the smell of football coming out of England. English football is surrounded by passion. There are many styles and the good thing is to value them all.” Lopetegui: “Es un honor jugar en Wembley” Regarding Aritz Aduriz, the country’s oldest goalscorer at 35 years and 275 days, he said: “In this profession, like in any, looking after yourself and working with passion allows you to reach optimum performance. He’s a great example for any sportsperson.”last_img read more

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India vs Ireland: Preview for the first T20I – Will the Indian Tigers set…

first_imgAdvertisement tj3NBA Finals | Brooklyn Vsq0w5Wingsuit rodeo📽Sindre Elpuw( IG: @_aubreyfisher @imraino ) 1sg6Would you ever consider trying this?😱8du8Can your students do this? 🌚16ooRoller skating! Powered by Firework Image Courtesy: CricWizzAdvertisement The cricketing action for Team India takes a turn from the explosive Indian Premier League to the cold and windy Ireland where the Irish wait for the first ever bilateral series between the two nations.Advertisement The Indian side are in for a huge test with a long tour on European soil on the horizon. The BCCI have named a strong Indian side for the two twenty-20 Internationals with the challenging tour against England in mind.The Virat Kohli led side will not have it easy against the resurgent Irish side who had a positive maiden test outing against Pakistan. To add to that, the lively pitches in Dublin will test the batsmen as they gear for change from the usual spin-friendly wickets of India.Advertisement Key players:Bhuvneshwar Kumar: Expect the Meerut pacer to swing the ball around initially and snap up early wickets for the men in bluePaul Stirling: The explosive opener is integral to Ireland’s success and will hope to replicate his current form against the third-ranked T20 team.Where to Watch:English Commentary- Sony Ten 3, Hindi Commentary- Sony Six, Internet Live Stream: Sony Liv.Read Also:Cricket: Sachin Tendulkar terms the current Indian pace attack as “the most complete”India vs Ireland: Injury scare for India as Washington Sundar limps out of training Advertisementlast_img read more

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Football: “Some players care more than others”: Jose Mourinho

first_imgAdvertisement b4x5oy2NBA Finals | Brooklyn VsheWingsuit rodeo📽Sindre Esjy58h( IG: @_aubreyfisher @imraino ) 36imWould you ever consider trying this?😱3ezhnCan your students do this? 🌚i2awRoller skating! Powered by Firework Photo Credits: Getty Images.After failing to win any of their past three games, Manchester United manager Jose Mourinho has said that “some players care more than others” at the club.Advertisement In their last two league matches, United drew against Wolves and lost to West Ham, slipping to 10th in the Premier League table as a result. They were also knocked out of the Carabao Cup by Derby County.In a press conference, ‘the Special One’ summarized the situation inside the club’s locker room. He said that he sees different range of emotions among the players in his side. “Every player is different, no player is the same,” he said. “I see different actions but what you see is not really inside.Advertisement “I see upset people, some people that don’t look like they lost a game.“I see so-so but in the little two sessions of training we had [since Saturday] everything was normal, desire to work and play.”Advertisement Mourinho added: “What I can do to improve things I do, and I will improve the things that depend on me and my work.”When asked if he was worried about keeping his position at Old Trafford if the side’s poor form continued the gaffer replied, “No”.Read Also: Mourinho’s huge flaw that has come back to haunt him Advertisementlast_img read more

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Aubameyang takes to social media the banana skin incident, responds to Spurs fan behind…

first_imgAdvertisement oakNBA Finals | Brooklyn Vswq3yWingsuit rodeo📽Sindre Ecrss( IG: @_aubreyfisher @imraino ) 242izWould you ever consider trying this?😱c9umCan your students do this? 🌚674hz8Roller skating! Powered by Firework Arsenal star Pierre-Emerick Aubameyang has responded to Tottenham fan who threw the banana peel on him in Sunday’s thrilling north London derby, following the striker’s celebration after he put the hosts in the lead after the 10 minute mark at the Emirates Stadium.Advertisement The Gabonese striker shined in Arsenal’s 4-2 demolition of their bitter rivals with a brace, including the penalty in the 10th minute, thanks to Vertonghen’s handball in the box. The celebration that followed triggered the opposition’s fan to throw a banana skin at the striker. The incident promoted Tottenham to indefinitely ban the person in question from attending games, and was soon arrested as ‘racist’ hints were all over the place.The 29 year old Arsenal forward later posted on his official Instagram about the incident. A picture that showed the peel coupled with the caption “#whysmandoingthis?” chased by a banana emoji was seen. Soon a statement from a Tottenham spokesperson confirmed that the fan will be banned, and that the club condemned his actions.Advertisement UEFA president Aleksander Ceferin calls the incident “a disaster” and questions the present state of the fans despite how far the world of football has come, and urges clubs to educate fans regarding the matter. England national team manager Gareth Southgate believes the incident was racially motivated, while Arsenal boss Unai Emery remains intolerable regarding the same.Advertisement Advertisementlast_img read more

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A 6 million euro claim from Porto stands between Eder Militao and Real Madrid

first_imgAdvertisement 9on3gsNBA Finals | Brooklyn Vs9prmrrWingsuit rodeo📽Sindre E64( IG: @_aubreyfisher @imraino ) b9t4zWould you ever consider trying this?😱3rsf9Can your students do this? 🌚85vyz2Roller skating! Powered by Firework A 6 million claim from Porto is now standing between Eder Militao and Real Madrid. Real Madrid agreed to pay the transfer fee worth £50 million to sign the 20 year old Brazilian defender from Porto in this winter transfer window. The defender will surely be playing for the Los Blancos from the beginning of the next season as the personal terms are agreed between the player and the club.Advertisement However, a 6 million euro is still there which is preventing this move till now. Accoding to the rules, Porto have to pay the training fees of the player to his former club Sao Paulo. The Portuguese club are now denying to pay the fees and they want it to be paid by the Los Blancos. The club management of Real Madrid made it clear that they would not pay this fees either.Advertisement The Los Blancos are taking a firm stance in this matter. The inclusion of Eder Militao in the squad of Real Madrid will certainly strengthen their squad. He will be rotated with the likes of the other centre backs Nacho, Varane and Sergio Ramos. However, FIFA must intervene in this matter as soon as possible to complete this signing by the Los Blancos.Real target Juve star Dybala in a swap deal with IscoAdvertisement   Advertisementlast_img read more

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Mallorca making a fuss over teenager Luka Romero, the ‘ Mexican Messi’

first_img At that age, he will also have to decide which national team to represent if he is called up. He has three nationalities and is eligible for Argentina, Mexico or Spain.  Romero, whose value has gone through the rood since coach Vicente Moreno called him up for training ahead of the visit of Barcelona on June 13, does not have a professional contract with Mallorca.  Upd. on 26/06/2020 at 14:43 CEST Mallorca pay a monthly wage and the rent of a young star, Luka Romero Bezzana, who was born in Durango (México), plays for Argentina’s youth teams and is now residing on the Balaeric Island. They call him the “Mexican Messi” due to his style of play and his similar physique to the Barcelona star.  IN SPORT.ES He is still 15 and will have to wait until November, when he turns 16, for his representatives to be able to negotiate a new deal, which will also include a release clause.  Mallorca will try to tie the player down with the belief that he has a big future ahead of him, as proven with the club’s youth teams and with Argentina in the Sudamericano Championships in Paraguay last year.  Sources close to the club have admitted to EFE that it will be “complicated” to keep hold of a player of Romero’s qualities if some of Spain’s — or Europe’s — biggest clubs show an interest in him. El Mallorca mima a Luka Romero, el ‘Messi mexicano’ 05/06/2020 EFElast_img read more

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