Arsenal submit improved £44m offer to sign Sampdoria duo Dennis Praet and Joachim Andersen

first_imgJoachim Andersen is also wanted by Arsenal (Getty Images)Praet, a Belgian central midfielder, scored two goals and registered three assists in 37 appearances for Sampdoria this season.AdvertisementAdvertisementThe 25-year-old also went on trial at Arsenal when he was 16 but opted to remain in Belgium and join Anderlecht instead of moving to the Gunners.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityAndersen, meanwhile, is one of Serie A’s top central defenders and is viewed by Arsenal as a long-term successor to Laurent Koscielny.Tottenham have also been linked with a move for the Denmark international.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal Comment Arsenal submit improved £44m offer to sign Sampdoria duo Dennis Praet and Joachim Andersen Arsenal have launched a new bid for Sampdoria midfielder Dennis Praet (Getty Images)Arsenal have submitted a new €50 million (£44m) bid to sign Sampdoria duo Dennis Praet and Joachim Andersen, according to reports.Earlier this week, reports in Italy claimed that the Gunners had tabled a €42m (£37m) offer for the two players, but the bid was turned down by Sampdoria.According to Sampnews24, who revealed the first details of Lucas Torreira’s move from Sampdoria to Arsenal last year, Arsenal have returned with an improved offer for Praet and Andersen.And the report claims that Sampdoria president Massimo Ferrero is ready to accept Arsenal’s new bid.ADVERTISEMENT Advertisement Advertisement Metro Sport ReporterThursday 6 Jun 2019 6:06 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link4.8kShareslast_img read more

IPE Views: How big can an Apple grow?

first_imgJoseph Mariathasan wonders what, if anything, can check the technology giant’s astonishing growthApple was valued at more than $770bn (€687bn) at its peak in February, making it by far the single-most valuable listed company on the planet. Despite its mammoth size, its chief executive, Tim Cook, announced that it could grow at a rate more akin to a start-up. But how large can a company grow? For some companies, there may be a clear upper limit – how many cans of sweetened fizzy drinks can Coca-Cola sell to a global population, with increasing worries over an epidemic of obesity-related afflictions such as diabetes?That may be a reasonable question to ask of Coca-Cola, but can an analogous question be asked of Apple, with an enormous market, global distribution and a strong brand that, despite being enormous, still has a lot of growth in front of it? Will the limit to Apple’s growth be set when every person on earth has an iPhone?Mega companies were clearly growth companies at an early stage of their lives to reach their gargantuan sizes. But, at what stage should mega-cap mega brands be seen as purely post-growth and value/dividend plays? Deciding when a company such as Apple has reached that position is unclear. The limits to growth are clearly dependent on the business strategy a company chooses to follow. Apple is clearly not a one-trick pony. It is not just a hardware company like Dell, having built an ecosystem around a seamless integration of innovative products and applications way beyond production of commodity hardware. The limits to growth are further away for companies with three key characteristics. First, as famously outlined by Warren Buffet as the companies he favours, are those with an economic moat that protects them against competitors, with a well-known brand name, pricing power and a large portion of market demand. This can provide the ability to grow enormously, but, sometimes, disruptive technologies can overwhelm even the widest moat. Kodak is a classic example, where its domination of photography could not withstand the impact of digital technology. But Apple has become the ultimate consumer brand, with the ability to create interest in any new product or variation of an existing product by just adding the prefix ‘i’.A second economic driver for growth also requires high-quality companies to be able to get better as they get bigger. Bigger does not always mean better, and the banking industry is the prime example of this. Citibank has a global footprint, but its value lies in having a few particularly strong local franchises in countries like Mexico.The insurance industry is another case in point. Life insurance and property and casualty insurance are locally regulated and require capital to be domiciled in local markets, giving few benefits in size, beyond reducing the overall volatility of results. Reducing volatility benefits senior management but not shareholders who could gain equivalent diversification themselves. At the reinsurance level, however, size can bring benefits because of the nature of the business and the size of the transactions. For Apple, the iPhone ecosystem that has grown is a classic example of something that gets better the bigger it grows.The third key characteristic that virtually all mega companies have is the ability to seek customers in the emerging markets.Any constraints to its size are further away for Apple than for most other companies, as it has all the three factors for growth in spades. So what can be the limits to growth for Apple? “The biggest risk for most of the companies we own is anti-trust regulation in the US that will force them to split apart,” said one fund manager on his Apple weighting. “We don’t like that problem, but we certainly prefer it to others we might have!”That is exactly what happened to the old AT&T, which once dominated the US telephone market and was forced to split up in 1982 into seven regional telephone companies – the ‘baby Bells’. That is unlikely to happen to Apple, given that it does not operate in oligopolistic markets and its innovations have attracted rapid and ferocious competition.There appears to be no limits to size for Apple. But then, AT&T, at its height, employed 1m people. Apple employs less than one-tenth of that. A great investment for its shareholders but perhaps also a sign of the problems society faces with the new generation of mega companies that are great at producing returns for shareholders but lousy at producing jobs.Joseph Mariathasan is a contributing editor at IPElast_img read more

Barcelona ‘snub’ €100m Ansu Fati bid

first_img According to reports from Diario Sport, club president Josep Bartomeu acknowledged an offer for the teenager during a virtual board meeting earlier this week. The rumoured bid was immediately rejected by Bartomeu however, who confirmed the club have no intention of selling the Spanish U21 international in the near future. Read Also: Dutch legend confirms contact over Barcelona job Fati burst onto the scene at the start of the 2019-20 campaign, becoming the club’s youngest ever goal scorer back in August 2019. He has continued to play an important first team role, under both Ernesto Valverde and new boss Quique Setien, with 24 appearances and five goals in all competitions in 2019-20. FacebookTwitterWhatsAppEmail分享 Advertisement Loading…center_img The 17-year old forward agreed a new contract at the Camp Nou less than 12 months ago, with his current deal expiring in 2023, with La Blaugrana retaining the option of extending it until 2025. Barcelona have reportedly turned down a shock €100m bid from a unnamed rival club for teenage superstar striker Ansu Fati.last_img read more

UEFA president counts on full football stadiums for Euro 2021

first_img Loading… Euro 2020 football competition, which has been postponed to 2021 because of the coronavirus outbreak, should be able to take place with an audience, and without any change to the format in 12 cities, according to UEFA president Aleksander Ceferin. “We will have spectators in the stadiums,” Ceferin said in an interview with AFP on Thursday, adding that what people think is strange today might no longer be strange in December or January. “We still have time to think about it,” Ceferin said. “For the time being, we are keeping the same format and we hope and believe that we will have spectators in the stadiums.” Euro 2020 should have taken place in June and July of this year, but the coronavirus pandemic forced UEFA, the governing body of European football, to postpone its scheduled competition in 12 cities in 12 countries for a year. This postponement allowed the switch to club competitions, the Champions League, Europa League, and major national championships, to take advantage of the dates released to go ahead behind closed doors in late spring and summer, after several weeks of paralysis in European football in the face of the spread of the disease. read also:UEFA approves 210 bottles of water per team, cancels shirt swaps Ceferin assured that he did not entertain the question of playing behind closed doors. However, apart from France, where a maximum capacity of 5,000 people is allowed in the stadiums, most of the major European football countries are currently organising matches without an audience. Promoted ContentBirds Enjoy Living In A Gallery Space Created For Them6 Interesting Ways To Make Money With A DroneCouples Who Celebrated Their Union In A Unique, Unforgettable WaySome Impressive And Almost Shocking Robots That Exist5 Of The World’s Most Unique Theme ParksWho’s The Best Car Manufacturer Of All Time?Who Is The Most Powerful Woman On Earth?7 Breathtaking Train Stations Around The GlobeWhat Disney Princesses Would Look Like In Modern Day Realities7 Ways To Understand Your Girlfriend BetterAwesome Caricatures Of 23 Marvel HeroesPlaying Games For Hours Can Do This To Your Bodycenter_img “I do not even want to talk about no spectators, or a limited number of spectators,” Ceferin said. “I want to remain optimistic, send out positive energy, and I personally really believe that we will have spectators.” “If that is not possible, we will talk about it then,” he added. “I sincerely believe that things will normalise before next year, long before that.” Belgian police have arrested an employee returning to work at his company in Haaltert, East Flanders, after returning home from a trip to a ‘red zoned’ country. The man had not completed the designated form after returning from the red zone, and failed to go into mandatory quarantine. “The man was immediately arrested and placed in quarantine,” Haaltert mayor Veerle Baeyens said on Thursday, being satisfied with the police handling. “The man has been tested [for coronavirus] and we will know the results on Friday. Depending on the results, it may be necessary to take measures in his company,” she added. The company has also been contacted and informed. The man now faces a fine for violating Belgian measures to fight the spread of Covid-19. FacebookTwitterWhatsAppEmail分享 last_img read more

Big Daddy now has new, big role in Southern Hobby Stock Region

first_imgNORFOLK, Neb. – Every driver in the IMCA Sunoco Hobby Stock division will be in the running for post-season cash awards from Big Daddy Race Cars.The Norfolk, Neb., chassis builder becomes title sponsor of the division’s Southern Region while returning for a fourth season in the same role in the Northern Region.Big Daddy will furnish a portion of the point fund to be paid to the top five drivers in the respective regions. All drivers must display two Big Daddy Race Cars decals to be eligible for point fund shares; those decals will be included in packets mailed beginning in March.“Adding this title sponsorship helps us gain exposure and hopefully sell more cars in another region, while giving something back financially to more drivers,” said Big Daddy owner Dale Bittner. “Our cars have finished consistently in the top 20 national standings. When I get on the IMCA website to check out points we typically have between five and eight cars in the top 20.”The first car Big Daddy built in 2005 was actually a Stock Car. Big Daddy-made Hobby Stocks have since raced to national, regional, state and special series titles in addition to numerous track championships.Tracks in the Big Daddy Race Cars Southern Region are in Arizona, New Mexico and Texas. Northern Region tracks are in Colorado, Iowa, Kansas, Minnesota, Nebraska, North Dakota, South Dakota and Wyoming.Point fund checks will be presented during the national awards banquet in November.Information about Big Daddy-built chassis is available by calling 402 371-1927 or 402 841-4119, and on Facebook.“The success of the title role in the North has parlayed itself into expanding that footprint to the Southern region,” IMCA Marketing Director Kevin Yoder said. “Big Daddy Race Cars has been very supportive of our Hobby Stock drivers since they began and this is just another step to demonstrate that support.”last_img read more

2019 Indiana State Fair theme ‘Heroes In The Heartland’

first_imgIndianapolis, In. — To pay tribute to the heroism of everyday Hoosiers, the Indiana State Fair announces that its 2019 theme is HEROES IN THE HEARTLAND presented by Indiana Donor Network.  Throughout the 17-day event, slated for August 2 -18, the Indiana State Fair will salute Hoosier farmers, first responders, educators, members of the Armed Forces, and many others who keep us safe and make us proud. The Fair will celebrate our nurturers, protectors, guardians and, guides. Additionally, each day during the fair, Super Heroes featured in box office movies will be highlighted.“We’re proud to honor individuals whose exceptional commitment and caring enrich our lives,” said Cindy Hoye, executive director, Indiana State Fairgrounds & Event Center. “The Indiana State Fair is uniquely positioned to offer connections and experiences that recognize and celebrate our state’s Heroes in the Heartland.”Kellie Hanner, Indiana Donor Network president and chief executive officer, stated, “Indiana Donor Network is excited to present the 2019 Indiana State Fair theme, ‘Heroes in the Heartland,’ which is so appropriate for our cause. Each day, we honor our donor heroes and their families, the professionals that make donation happen, our volunteers and advocates, and the 115,000 men, women and children who are currently waiting for a lifesaving organ transplant. This year’s fair will help us shed more light on the important issue of donation and inspire more Hoosiers to be someone’s hero and register as organ, tissue and eye donors.”As part of the fair’s theme activation, Hoosiers are encouraged to click here to honor their personal heroes. The State Fair will include these stories in their 2019 Fair campaign, “Who’s Your Hero?” For more information, view the fair’s theme announcement video here.last_img read more

Lewandowski is Germany’s ‘Footballer of the year’

first_imgRelatedPosts Record-breaking Lewandowski sparkles as Bayern Munich win again Bayern down Dortmund, close on Bundesliga title Thomas Muller extends Bayern deal until 2023 Polish forward Robert Lewandowski has been voted Germany’s “Footballer of the year” for helping Bayern Munich to a Champions League, Bundesliga and German Cup treble.Kicker magazine announced Sunday that Lewandowski received 276 votes in a poll among sports journalists for the prize, significantly more than his next-placed teammates Thomas Müller (54 votes) and Joshua Kimmich (49). The 32-year-old Lewandowski finished the past season as top scorer in the Bundesliga (34 goals), German Cup (six) and Champions League (15).“I worked hard on my performances and for the whole team, which played brilliantly, nationally and internationally,” said Lewandowski, who scored 55 goals in 47 competitive games last season.Bayern coach Hansi Flick was voted “coach of the year” for his part in helping the Bavarian powerhouse to the treble.Tags: Bayern coach Hansi FlickGermany’s Footballer of the yearJoshua KimmichLewandowskiThomas Mullerlast_img read more

England Aim To Continue Dominance Against West Indies

first_imgSouthampton: Tournament favorites England will look to continue their dominance when they take on power-packed West Indies in their fourth encounter of the ongoing World Cup at The Rose Bowl, here on Friday.England, who started off their campaign in an impressive manner winning comfortably against South Africa, faced a shock defeat at the hands of Pakistan in their second encounter. However, they came back strongly and aced every department against Bangladesh as they first put up 386/6 on board and then bundled them out for 280 in the 49th over.The hosts would want to continue with the crucial form of Jason Roy, Joe Root and Eoin Morgan.In bowling, they have the likes of Jofra Archer who can bamboozle any opposition with his extreme pace and bounce. In Ben Stokes, they have an all-rounder who can give them priceless overs in the middle and score brisk runs whenever required. Also, they have Adil Rashid and Mark Wood who are more than capable of taking wickets at any stage of the game.Meanwhile, wicketkeeper-batsman Jos Buttler has been declared fit to play against the West Indies. Buttler, who scored 64 from 44 balls in Saturday’s win, did not take the field after suffering heavy bruising to his right hip with Jonny Bairstow taking over as wicketkeeper.On the other hand, Windies will hope that their bowlers come with a much improved performance as compared to the one they came out against Australia where they squandered the early advantage and conceded a total of around 300. Their batsmen also need to come to the party and make sure they play with application and concentration. Their shot selection was poor against the defending champions and that would be something which Jason Holder would desperatley want them to work on.England, with two wins in three matches, are sitting at the third spot in the points table whereas West Indies are at the sixth position with three points. And a loss in Friday’s match would make the journey tougher for both the teams in the upcoming matches. IANSAlso Read: World Cup 2019: England ride Jason Roy’s ton to script big win over Bangladeshlast_img read more

Freshman takes quick route to starting job

first_imgGREG SCHMITZ/Herald photoSome football players wait years for their chance to come in and make a difference. For some, the process is gradual, but for others, like Badgers freshman wide receiver Kyle Jefferson, it can be both abrupt and surprising. “For me, I have to look at it like I’m the next man in,” the 6’5″ Ohio native said. Being “the next man in” in his situation, however, is a little different than a normal drill or substitution.When senior wide out Paul Hubbard, one of the last year’s most important gameday performers, went down in the second half of the UNLV game Saturday, Jefferson was tapped to come in and fill the hole left by the starter.Hubbard tied for the team lead last season in touchdown receptions (5) and finished second in catches (38) and yards per catch (16.5). His exceptional play in the Capital One Bowl versus Arkansas was one of the biggest reasons the Badgers came home from Orlando with a win.Sensing the difficulty of the situation the freshman has been placed in, Hubbard has made sure that Jefferson knows that he and the rest of the offense are behind him.”[Hubbard] told me that I need to just stay focused, take things one at a time, breathe some deep breaths, and when you get your opportunity in the game, just run fast, and if you can make a play, make the play,” Jefferson said.Hubbard’s reassurances were echoed in the huddle as well. “When [Jefferson] came in, everybody looked at him and said, ‘Alright, we’re going to help you out; you can do this,'” senior receiver Luke Swan said. “Kyle has worked really hard so far this year. He’s got good ball skills and can run real well, so I think he has a really good possibility to come in and have a lot of success for us.”As if he didn’t have enough support behind him here at Wisconsin, Jefferson has also been in contact with former Ohio State Buckeye standout Ted Ginn Jr. since he arrived on campus. Jefferson and Ginn, now a member of the Miami Dolphins, played together at Glenville High School in Cleveland, Ohio. “(Ginn) was like a big brother to me,” Jefferson said. “Playing with him and seeing where he is now and knowing that I came from where he did has helped me out a lot as a player.”Although Jefferson hasn’t talked to Ginn since his ascension to the top of the Badger depth chart, the receiver plans on calling him soon, if only just for “ten minutes of advice” from the longtime friend, who has often told him that the most important thing a player can do is to “go out and perform to your best ability, no matter what.”Lucky for UW coach DelVaughn Alexander and the Badgers, Jefferson has been blessed with plenty of physical abilities that will allow him to do just that. “Kyle got here even before I did this summer doing workouts. When he came back for the start of camp, he was very focused and confident about the things that he could bring to the table as a receiver,” Alexander said.With his tremendous height and sprinter speed, Jefferson needs only game experience to transform himself into the downfield threat he has the potential to be. In terms of his arrival to the top of the wide receiver pecking order, it couldn’t have come at a better time on the schedule. With major conference foes such as Ohio State and Michigan looming in the last three weeks of the season, the offense will not only have time to work with and further develop the wide receiver, but also wait for the return of Hubbard, who has been pegged to miss anywhere from six to eight weeks of the season.Giving Jefferson his chance to develop certainly is the silver lining in the whole Hubbard situation in the eyes of Alexander. “For right now, Kyle needs to approach Citadel on this weekend like it is a Michigan or an Ohio State. … We want his best game to come Saturday,” Alexander said.”But if his best game doesn’t come on then, whether it be because of less production or too many mistakes, we want to have the same person that he always is — the person that, week in and week out, is going to grow more as a player every day he goes out on the field.”If all goes well on Saturday, who knows? Maybe Ten Ginn Jr. will be the one calling Jefferson for ten minutes of advice next week.last_img read more

On The Beat: men’s basketball preseason

first_imgThe Daily Orange men’s basketball beat writers Brett LoGiurato, Tony Olivero and Andrew L. John kick off the season with this preseason edition of On The Beat. Includes major players this year and what to expect from the team overall. Check back at dailyorange.com or blogs.dailyorange.com/sports for more on the team as they continue on this season. Comments Published on November 12, 2010 at 12:00 pmcenter_img Facebook Twitter Google+last_img