Quote of the Day

"If players have a contract and are owed money, you can see why they think they should get it. But if the club closes down they won't get a penny."
-- Harry Redknapp, encouraging Portsmouth players to take a pay cut so the team doesn't get shut down by administrators. (LONDON TIMES, 6/25)
Thursday July 26, 2012 Vol. 1 — No. 33 Print This Issue

Top Stories

  • Hold, Please

    ManU has "temporarily paused plans" to launch its $300M initial public offering in the U.S., according to Massoudi, Blitz & Sakoui of the FINANCIAL TIMES. The decision was made because market volatility "has soared in recent days as macroeconomic fears hit share prices." The EPL team had been looking to start its investor roadshow as early as Monday of this week, with "the aim of pricing and listing its shares in early August." However, people familiar with the situation said that ManU and its bankers "are to reconsider when they will begin meeting potential investors later this week." The pause comes as U.S. markets have been "unsettled by further concerns over debt and economic growth in the eurozone."

  • Cup Of Plenty

    Study finds 2014 World Cup will have four-year impact of $70B for Brazil.

  • Enter Sandman

    Many athletes say they'll skip the Opening Ceremony and opt for a good night's sleep.

  • Strikes Are Out

    Home Office staff stands down on strike after progress made on talks.

  • Like A Virgin

    U.K. advertising regulator bans Virgin Media's Usain Bolt TV campaign.

  • Fashion Conscious

    German Bundesliga clubs rake in $173M from shirt sponsorship deals.

  • Stirring The Pot

    Nike opens YouTube ad campaign that dances around IOC sponsorship rules.

  • Complete Backing

    FIFA President Blatter says ethics investigators will have all resources.

  • New Social Strata

    YouTube scores worldwide rights to air highlights from all Ligue 1 matches.

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