Elliot Management has agreed to sell AC Milan to Redbird Capital, the former Goldman Sachs banker, for €1.2bn deal that ends a four-year foray into the business of sport. Under the deal, Elliot will retain a minority stake in AC Milan and is likely to keep a board seat. The deal also underlines US investors’…
Sports Direct owner Fraser Group buys Missguided after collapse according to CEO Michael Murray, the group also owns House of Fraser and Sports Direct for £20million. The firm has around 330 staff appointed administrators on Monday after it suffered from supply chain problems rising freight costs and increased competition from rivals. Suppliers had accused…
Chelsea’s £4.25bn sales to a consortium led by American investor Todd Boehly and Private Equity firm Clearlake Capital have been completed after the consortium fought off 11 serious rivals to become the new owners in a sale process that started on 2 March and comprised more than 250 enquiries. The Club was put up for…
Lester Piggott, who won the Derby a record nine times, has died aged 86. The Legendary English Jockey won 30 British Classic races in his career which yielded 4, 493 winners. He also had 116 Royal Ascot victories and was named champion jockey 11 times between 1960 and 1982. His son-in0law and Derby-winning trainer William…
Sergio Perez won the wet-dry Monaco Grand Prix collecting only six points behind Leclerc after his Red Bull team beat rivals, Ferrari. The Mexican advanced from third to the lead during a part of the race in wet conditions after the start was delayed for an hour amid downpouring rain. Red Bull also secured via…
In Kerala ( India) the £63m K-Rail project, a high-speed rail linking the state end to end. A four feet tall marijuana ( Cannabis) plant was found growing on government land near Palarivatton next to a pillar supporting the elevated rail of Kochi Metro, which was duly chopped down. Cannabis has been used in the…
Geoff Dyer, a 63-year-old Briton, sets his own encounter with late middle age against the last days and last achievements of writers, painters, athletes, and musicians who’ve mattered to him throughout his life. Dyer examines with playful charm and penetrating intelligence, Friedrich Nietzsche’s breakdown in Turin, Bob Dylan’s reinventions of old songs, English painter, JMW…
Ariel Pryce wakes up in Lisbon, alone, as her husband is gone- no warning, no note, note answering his phone, something is wrong. She starts with hotel security, then the police, then the American Embassy, at each confronting question she can’t fully answer what exactly is John doing in Lisbon? Why would he drag her…
English Heritage has over 400 historic monuments including buildings, places from world-famous prehistoric sites to grand medieval castles and Roman forts but not British concrete buildings that seek to rehabilitate as much-maligned architectural style. Concrete is coming back to fashion, as Denys Lasdun’s National Theatre was voted Britain’s most-hated building. Architect and historian at…
The £18.8bn, much-delayed and hugely over-budget Crossrail project, Elizabeth line, which was meant to start running in December 2018, finally opens to passengers today. The Elizabeth Line links Reading and Essex via central London as passengers can today use the Abbey Wood to Paddington section, with journey times between the two cut by almost half.…