Ayre: Pain will lead to Reds progress

first_imgLiverpool managing director Ian Ayre insists the “pain” associated with the cost of restructuring the squad will be worth the effort after the club posted losses of £40.5million. “The biggest cost base without doubt is player trading and player wages – but these accounts demonstrate that we are still working hard to improve that. I take comfort in the fact that the work we have done, some of which costs us a lot of money in this period and beyond, looks pretty painful at the time. “But as long as you invest in it and manage it in the right way, then hopefully it bears fruit as we go forward and gives us a better platform to exist on in a different environment and in a world where we are expected to break even. You never take comfort from any business that makes a loss but I am pleased that we’re making the progress we are making.” In the period relating to these accounts the club offloaded 11 players all signings by previous managers. The then boss Kenny Dalglish – the cost of whose sacking last May was included in £9.5million of “exceptional payments” – wanted reinforcements for his squad and that meant players had to be moved on to make room. “We see a big charge within the accounts for amortisation (depreciation in value) of players that have been disposed of within the period that perhaps came in on a higher cost,” Ayre told the Liverpool Echo. “We’ve made losses as a result of selling them but at the same time we’ve improved our longer-term position in terms of our wage bill by reducing the wages for those particular contracts. “These accounts show investment in the squad – players like Jose Enrique and Sebastian Coates – and as we have seen in accounts that flow from that – we will continue to invest in the squad both for improved playing performance but also a far better structure in deals that we have with players. “So we are fortunate in some sense in that we know we are improving in this year and we are continuing to improve.” Press Associationcenter_img The club’s debt rose by £21.8million to £87.2million in the 10 months between August 1 2011 to May 31 2012. However, the loss was less than the £49.3million made the previous year and done against the backdrop of no European football, although Liverpool did get to two cup finals, winning one. But with owners Fenway Sports Group focused on the impending arrival of Financial Fair Play, Ayre stressed there was necessary work to be undertaken. “We are continuing to transition to the point we have been working on for several years under this ownership – which is to continue to improve revenues and manage our cost base effectively,” he said. last_img read more

Mancini hints at Sinclair exit

first_imgManchester City boss Roberto Mancini has hinted that winger Scott Sinclair’s future could lie away from the Etihad Stadium. “It is my fault, not his fault. A young player like Scott who is a good player deserves to play always. For him, it was a really difficult year this year.” Sinclair has been linked with a return to Swansea ahead of City’s Barclays Premier League trip to the Liberty Stadium this weekend. Mancini accepts he has not given the Great Britain Olympic player much opportunity and could understand if he was frustrated. When asked if that might mean Sinclair deserves to play somewhere else, Mancini, speaking at his regular press conference, said: “Scott is young and he has good quality but this year was difficult for him. “I think it is better if he can have another solution. If he stays here, maybe, everything can change but I can understand his frustration in this moment because he didn’t play a lot of games. “For me, he is a good player. We have one team. For him, it was difficult. “I repeat – he did everything well, he worked well, he is a good guy, he deserves to play. I can understand when one player can’t play often it is difficult.” The 24-year-old has started just three games for City since his £6.2million move from Swansea last August. “This situation with Sinclair is difficult because I didn’t give him a lot of chances to play. He is very unlucky,” Mancini said. center_img Press Associationlast_img read more

Adams warning for Gunners

first_imgFormer Arsenal defender Tony Adams would love to succeed Arsene Wenger as Gunners manager, but insists the team must be rebuilt if they are to challenge for silverware. “One hundred per cent I’d like to be Arsenal manager,” Adams told Zapsportz.com “Of course my heart says ‘yes, yes, yes’, but my head says ‘can I win with this current team?’ My answer is no, I can’t and I am not sure anyone can. “I would want assurances if I walk through the door, those assurances meaning I’m given the go ahead to build a new team. “I would get my teeth into building a new team but to achieve that, you would need to spend. “To keep hitting the top four and qualifying for the Champions League is great, and Arsene has done such a great job, but there is going to come a day, and that won’t be far away, when Arsene leaves. “For a long time he has been a one-man band, but that won’t happen again. The next man appointed will be the head coach, not the manager.” Adams believes one of Arsenal’s greatest failings is a wage structure that pays top players too little and average players too much and also questions his tactics. “I know Arsene would not spend £25million on buying Bayern’s goalkeeper Manuel Neuer for example, no matter how much he might need a new keeper,” Adams said. “I think that is a great policy, but the club needs to restructure its wages spend, that is a vastly different matter. “The club are paying in excess of £150million on players’ wages but there have been a lot of average players on £50,000 a week when the big teams now need four or five players on a lot of money. “Arsenal do not attract those big players because of their wages structure.” Adams added: “Also, Arsene plays too open. I’ve more of a defensive eye. That’s not to say I would be defensive, but the club have bought too many players like Santi Cazorla and Tomas Rosicky and not enough Patrick Vieira types.” Wenger has come under renewed criticism for his failure to make any significant signings during the transfer window with the Arsenal Supporters’ Trust declaring it would be currently “inappropriate” to offer him a new contract. Adams, who made 504 appearances for Arsenal between 1983 and 2002, believes that whoever replaces Wenger will be given a different role to the Frenchman. Press Associationlast_img read more

Tennis News Lakshit Sood highlights CBSE National Tennis Championships held in Billabong School

first_img For all the Latest Sports News News, Tennis News News, Download News Nation Android and iOS Mobile Apps. New Delhi: The CBSE National Lawn Tennis Contest, held in Billabong High International School, Noida, witnessed a large number of students from National and International CBSE affiliated schools participating in this five-day competition. In the end, Billabong High International School gave their institution plenty to smile about as they clinched the U-19 Boys singles category. In the U-19 category, International School Hyderabad clinched the U-19 Girls singles category. Little Angels School, Sonipat, had two reasons to smile as both the boys and girls’ singles category won trophies in the U-17 category. Among those present was Lakshit Sood, who achieved a career high ATP doubles ranking of 282 in 2017.Read More | Alexander Zverev beats World No.1 Novak Djokovic to win ATP FinalsThe competition was successfully concluded under the leadership of Mrs. Sharmila Chatterjee, the Principal of Billabong High School and Mrs. Jasmine Gandhi, Manager. At the closing ceremony of the competition, students of Bilabong School presented colorful events.The chief guest in the competition was Mr. Mahesh Dharmadhikari (Co-Secretary CBSE), Poonam Vishnoi (District Sports Officer, Gautam Buddha Nagar), National Lawn Tennis Player Targeted and Chandil Sood appeared. All of them rewarded the winning players and boosted their morale. last_img read more

Big Boss Girls win Strikers Sports Club Christmas Bonanza Aggregate Dominoes tourney

first_imgTHE curtain came down last Thursday at Strikers Sports Club as the inaugural All-Christmas Bonanza concluded. Six female teams for six weeks battled it out for supremacy in a points system aggregate dominoes tourney.The six teams were Turning Point, All Seasons Angels, In Time, Cody Girls, Bing Boss Girls and Big Girls with the captains being Sandra Welch, Barbara Marshall, Loraine Rodney, Claire Benjamin, Charlyn Barnwell and Yonette Christmas.This gesture was seen as a step in the right direction according to all the captains of the various teams in their closing remarks at the tourney. The idea was the six teams play each other twice while amassing points as the winners get five points, second-placed 3 points and third 1 point.  Women are always made to compete against men and most of the time they are at a disadvantage because the numbers are against them i.e. If there is a tournament consisting of 21 teams, we barely may find at the most three (3) all-female teams that can compete and, this does not augur well for them.They are usually booted out by their male counterparts, as we would say in Guyanese parlance, before seeing the ‘promised land’ to a final nine in the competition.The idea was also to move away from the traditional monetary prizes and present hampers and tokens instead for the winners. After due diligence and lobbying six all-female teams were gathered to compete among themselves.The winners were awarded with a hamper each from Dynasty Sports Club, the Most Valuable Player on the other teams after tallying up their scores were also awarded hampers compliments of Mr Earle Aaron of Sterling Products Limited and Mr Nigel Worrell of Ansa McAL Trading under the STAG Brand. A complete Gas Range was donated by Mr Heekima Paul of Massy Gas Products Guyana Ltd for the overall Most Valuable Player.A bonus was added for the final by Clifton’s Electronics of two Black and Decker irons and one Black and Decker Microwavable bowl set for the winners of the final matchup and the first love in the final. Tokens were also given to each participant for their participation compliments of Strikers Sports Club.Trophies were sponsored by Mr Stephen Thomas of Sunrise Marina Inc., Dynasty Sports Club and Big Boss Transportation Services.At the conclusion, Big Boss Girls were the leaders with 24 points, Turning Point Girls and Big Girls locked at 19 points, Cody Girls 16 points, In Time Girls 15 points and All Seasons Angels 14 points.The overall MVP and Player-of-the-Final was Cheryl Fraser while MVP for Turning Point was June Watts, Emily Dobson carted away hers for Big Girls, Amanda Singh was adjudged best player for All Seasons Angels, Loraine Rodney was the top scorer for In Time Girls and Sheron Jerome was the leader for Cody Girls.The first love in the final was shared by Ann Thomson of Cody Girls. Barbara Lee also of Cody Girls and Roseann Taylor of In Time Girls won the irons.last_img read more

Syracuse erases last season’s painful memories with comeback win over Missouri, becomes bowl eligible

first_img Related Stories BOWLED OVER: Syracuse stuns Missouri with late touchdown, clinches bowl eligibility for 2nd time in 3 yearsGallery: Syracuse gains bowl eligibility with 31-27 win at Missouri COLUMBIA, Mo. — This year, there was no free fall. Only resilience.As Syracuse flooded Faurot Field inside Memorial Stadium late Saturday night, the joy of a bowl-clinching upset was made sweeter by last season’s failures. Five straight losses, increasingly poor performances, a despair-filled trip from the top of the Big East to bowl-less irrelevance.It spelled turmoil within a program only one year removed from its first bowl appearance since 2004, and it pained a coach who blamed himself for every miscue.“The last half of last season left a bad taste in a lot of young guys’ mouths and a lot of upcoming seniors, which is guys like me,” Syracuse defensive tackle Deon Goggins said. “We never wanted to be in that position again.”Saturday’s win ensured that Goggins, a senior, never will be.AdvertisementThis is placeholder textRelying on a never-say-die attitude that was absent one season ago, Syracuse (6-5, 4-2 Big East) erased a double-digit deficit on Saturday on the road against Missouri (5-6, 2-5 Southeastern Conference) to earn its sixth win and become bowl eligible for the first time since 2010. The 31-27 win, which came on a last-second scoring drive and stunned the crowd of 63,045, was the Orange’s fourth win in its last five games at a point in time where it imploded last year.Instead of the disheartened and agitated Marrone from 2011, Saturday’s version of the Syracuse head coach was pleased and relieved. “If I have to start off with a statement — oof, what a game,” Marrone said, as he smiled throughout much of his postgame press conference.He’s transformed a team that was once 2-4 overall into a legitimate contender in the Big East, and by beating the Tigers he guided the Orange to its first win over a team from the SEC since September of 2001.“I can’t tell you how proud I am of these kids,” Marrone said. “The leadership, the stuff on the sideline when you look in their eyes, the confidence that’s building in them.”And on Saturday, that confidence began to build after halftime when the Syracuse defense finally slowed down Missouri and quarterback James Franklin. The Tigers had stormed out of the gates in the first quarter, surging to a 17-3 lead by slicing the Orange secondary for chunks of yards at a time.But a late touchdown drive by Syracuse closed the gap to seven before halftime, and the tweaks made by defensive coordinator Scott Shafer yielded zero third-quarter points.“Coach Shafer is a great defensive coordinator that is great at getting our adjustments down so we can go out there and just play,” Goggins said. “And that’s what you saw in the second half, our adjustments and just going out in the second half and playing.”By the 14-minute mark of the fourth quarter, the Orange had rallied back to tie the game at 17-17. And after the Tigers marched downfield for another touchdown, Syracuse matched them once again. Running back Jerome Smith sprinted eight yards up the middle for the tying score, which elicited an emphatic fist pump from offensive line coach Greg Adkins on the sideline.Despite a hostile environment and an opponent with arguably more individual talent, the Orange responded not once, but twice in a 10-minute span.“That comes with just leadership, great leadership,” SU safety Shamarko Thomas said. “I feel like last year was different from this year. We have great leaders in Ryan Nassib, Alec Lemon, Justin Pugh and Siriki Diabate and me. And it just came out and showed.”So on a third-and-1 play with less than two minutes remaining, Thomas and Diabate anchored the biggest defensive stop of the game. With the Tigers already in field goal range, a first down would have allowed them to run down the clock and attempt a game-winning field goal. But the Orange stuffed Missouri running back Kendial Lawrence for a three-yard loss, forcing a field goal by Andrew Baggett.It gave the ball to Nassib with 1:43 remaining and an opportunity to display the fortitude that Syracuse lacked over the final half of 2011. Seven plays later, the Orange found the end zone, with Lemon hauling in a 17-yard score to secure the win.“It’s incredible,” Lemon said. “This is all the hard work that we put in to go to a bowl game.”It’s work that many of the players have admitted was neglected last season. A blowout win over West Virginia midway through the year prompted relaxation, they said, and shifted eyes to the bigger picture instead of the immediate future.Saturday night undid all that, erasing painful memories and ensuring the Orange will have a 13th game. It allowed Marrone to smile and Thomas to beam and offensive coordinator Nathaniel Hackett to gush.But more important than that it allowed Cameron Lynch to roll along the turf — imitating a certain type of ball — once the final Missouri pass was intercepted.Said Lynch: “That was bowling, baby.” Comments Facebook Twitter Google+center_img Published on November 18, 2012 at 8:36 am Contact Michael: mjcohe02@syr.edu | @Michael_Cohen13last_img read more

Potent offense harkens back to 2005 unit

first_imgUSC had what many pundits consider the best offense in the history of college football in 2005. There were two Heisman Trophy winners in the backfield and a pair of dynamic wide receivers. Two tailbacks ran for more than 1,300 yards apiece. The offensive line was experienced and the offensive attack was as balanced as it was prolific. That team averaged nearly 50 points per game. Even the week before the 2006 BCS national title game, ESPN ran a weeklong series comparing the Trojans’ offensive unit to some of the best in the history of the sport.Man in charge · Senior quarterback Matt Barkley returns to lead an offense that averaged 35.8 points per game in 2011. Barkley threw a conference record 39 touchdowns and completed 69.1 percent of his passes. – Carlo Acenas | Daily TrojanFast forward to 2012, and the expectation for many around Los Angeles is this: USC might have as good an offense, if not better, than what fans saw seven seasons ago.Leading the USC offense will be its aerial assault, and the leader of that charge will be senior quarterback Matt Barkley. Last year, Barkley had one of the best seasons in conference history, throwing for 3,528 yards and 39 touchdown passes against seven interceptions. He set a school single season record for completion percentage at 69.1 percent.Though Barkley’s success is largely because of his own ability, the overall success of the passing game will depend on his receivers: junior Robert Woods and sophomore Marqise Lee. While Lee is at full strength, Woods has a lingering ankle injury that has limited his practice time and forced him to sit out for all of spring practice.Woods set a conference record for catches in 2011 with 111, totaling 1,292 yards and 15 touchdowns, being named a first team All-American in the process. Woods’ high school teammate Lee had 1,143 yards and 11 touchdowns during his freshman season.But if Woods is not healthy, the situation behind the two Biletnikoff Award candidates is rather murky. With no established third receiver, several young players will be competing for playing time, including sophomore George Farmer and incoming freshman Nelson Agholor.“He’s constantly banged up,” Woods said of Farmer, who was the top receiver recruit in the country coming out of high school.If healthy, though, Woods believes Farmer can play a key role for the Trojans.The other question mark for the passing game is the left tackle position. Gone is All-American Matt Kalil, who was the No. 4 pick in the 2012 NFL Draft. Taking his place will be sophomore Aundrey Walker, standing at 6-foot-6 and weighing 300 pounds who is slated to start at left tackle and to protect Barkley’s blind side. He has lost roughly 70 pounds since last season and is preparing himself for the rigors of the left side and of replacing a star.“Everything’s been good,” Walker said. “Practice, the last practice has been great. Just losing the weight, I feel great. I don’t know what it is, but when I was 360 [pounds], it really didn’t work; I was too slow off the ball.”This is no longer a problem, though, and Walker is excited for the possibilities. He is confident that the offense is right on track and sees a lot of potential with the group.“[The] offense is doing pretty good. We got a great group of guys [starting],” Walker said. “[There is] a lot of chemistry throughout the whole team.”The passing game was an obvious strength last season, as the Trojans averaged more than 294 yards per game, good for 15th in the country.For the 2012 Trojans to reach the heights of the 2005 team, however, the running game will have to hold up its end of the deal and must complement the passing game.Last season, the Trojans ran for 162.6 yards per game, which ranked near the middle of the pack in the college football world. Returning is senior tailback Curtis McNeal, who ran for 1,005 yards. Joining him is Penn State transfer Silas Redd.McNeal said he expects this offensive unit to put up some big numbers this season.“It could be really good,” McNeal said. “We just got to go out there everyday and get our game plan that the coaches make for us, and we just got to make plays.”He knows that the running back competition is going to make for a better unit overall.“It’s been good,” McNeal said. “All the running backs, we’re just out here competing, making each other better … and just providing the best running game that we can for the team.”McNeal believes that the work the team put in during the offseason is going to make this edition of the Trojans better than the one fans saw last year, perhaps making the comparisons to the Leinart-led Trojans not too far off.“A lot of players have just stepped up, basically the whole team just stepped up and we worked our butts off in the offseason so we can perform at our peak every game,” McNeal said. “That’s the attitude that we have, and we’re pushing it everyday.”last_img read more

Home market adjustments impact Kindred’s YTD profits

first_img Winamax maintains Granada CF sponsorship despite bleak Spanish outlook August 19, 2020 StumbleUpon Vbet sponsors AS Monaco as Ligue 1 kicks off new season August 24, 2020 Share Related Articles FDJ’s ParionsSport launches sponsorship programme for French amateur football August 24, 2020 Submit Share Replicating market-wide trends, Stockholm-listed Kindred Group Plc cannot escape ‘challenging core market conditions’ as the company continues to experience headwinds in Sweden and the Netherlands.Publishing its latest year-to-date interim trading statement (unaudited period Jan-Sep 2019), Kindred maintains a positive revenue momentum at £677 million (YTD2018: £ 658m) – as governance underlines ‘strong locally licensed revenue growth at 33%’, highlighting growth in France and the UK.Despite maintaining robust revenues, Kindred’s performance continues to be impacted by Sweden’s re-regulated market demands, ‘worsening channelization’ which has led to a significant decline in Q3 active player numbers to 1.38 million (1.5 million).In addition, the multi-market operator continues to experience headwinds in the Netherlands following the removal of ‘iDeal’ payment solutions.“Similar to what we saw in the first half of 2019, re-regulation in Sweden resulted in difficult market conditions in the third quarter,” said Kindred Group CEO Henrik Tjärnström. “The current terms and conditions make it challenging to attract customers into the system and can lead to worsening channelization.”A breakdown of corporate costs sees Kindred record a significant 30% increase in YTD betting duties of £148 million (YTD2018: £114m) – with the company reporting £48 million in tax charges during Q3 trading.Continuing to adjust to multiple home market demands, Kindred records a 32% decline in YTD underlying EBITDA to £98 million (YTD2018: £145m). Closing its trading statement, Kindred governance declares  YTD profits before tax at £54 million (YTD2018: £104m).Despite tough home market conditions, Kindred governance maintains confidence in the firm’s diverse regulated market make-up, noting growth in the UK and France. The Stockholm enterprise has also launched its first US sportsbook verticals in New Jersey and the Unibet Lounge in Pennsylvania.Tjärnström added:“Outside of Sweden and the Netherlands, we continued to see strong growth in several other markets, including the UK and France. Locally licensed revenue growth was particularly strong with 33 per cent growth, or 13 per cent growth excluding Sweden, compared to the same period last year.“As expected, this resulted in margin pressure from higher betting duties which increased with 26 per cent compared to the same quarter last year. However, this focus will drive more sustainable future profit growth. Locally licensed markets were 57 per cent of overall Gross winnings revenue in the quarter.”last_img read more

Online casino on “strong footing” to absorb live sports return

first_imgShare Soft2Bet continues new market drive with Irokobet launch August 26, 2020 Share Related Articles Submit Better Collective cautious on quick recovery as COVID drags growth momentum August 25, 2020 StumbleUpon Alberto Alfieri: Leading the way for Gamingtec’s B2C growth August 25, 2020 SBC News caught up with Soft2Bet CEO Boris Chaikin to discuss whether the recent spike in online casino activity during the break from live sports events could be sustained as Europe’s biggest football leagues kick back into action.Chaikin was asked if the traffic for online casino games – beneficiaries of the COVID-19 pandemic (at least relative to sports betting) – would drop significantly with a more ‘normal’ availability of sports to bet on, rubber stamped by this week’s Premier League resumption. “Yes and no,” he replied. “Casino traffic will be lower but not because of the return of live sports. When people resume their usual lives, they will no longer have the leisure time available during lockdown to enjoy online casino entertainment. “Budgets could be constrained too, due to the anticipated economic consequences of the pandemic and job pause experienced by a significant proportion of the population. “That is not to say that we will see a major drop off in volumes, however; since customer acquisition and engagement over the last few weeks has put us on a strong footing.”Chaikin noted that the Bundesliga, the first of the major football leagues to return, had brought about a significant increase in traffic for sports betting, but not instigated a significant decline in online casino traffic.He admitted that the Premier League is likely to tilt the global casino-sports betting balance to a greater extent than the Bundesliga, but added that he hoped that sports bettors would “continue to enjoy the products they were introduced to during lockdown alongside betting on sports, albeit less frequently, than abandon them entirely”.Chaikin also reiterated that the COVID-19 crisis has magnified the need for gambling operators – and white label providers such as Soft2Bet – to diversify their offering in terms of non-mainstream content, casino games and traditional sports betting favourites.Referring to COVID-19 as a ‘black swan’ that no one expected, he explained: “Navigating the crisis has taught us some valuable lessons that will help shape how the industry moves on, not least the importance of product diversification and versatility.”He added that while online casino as a sector may appear “less vulnerable” than its sports betting counterpart, these ‘unprecedented times’ – combined with regulatory rumblings in the background – dictate that one vertical is never necessarily more stable than another.Gazing into his crystal ball for igaming’s short to mid-term future, he predicted: “The appearance of new solutions, not only for cross-selling but in attracting new players to igaming, will continue to develop in the coming months and drive strategies going forward.”last_img read more

Black Satellites edge Morocco to qualify for African U-20

first_imgGhana survived a difficult away fixture against Morocco in Rabat to seal their place in next year’s 2013 African Youth Championship.The Black Satellites qualify on a 5-4 aggregate scoreline despite losing the game on Sunday 3-1. Ghana won the first leg 4-1 a fortnight ago.After a taking a 2-0 first half lead, Francis Narh pulled one back for Maxwell Konadu’s side in the second half.As the game headed into the finals minutes, the Atlas Cubs were awarded a penalty which they converted.Buoyed on by the late goal, the Moroccans pushed to score again and send the tie into penalties but despite playing 10 minutes of added time, Ghana’s team stood resolute to hold on and pick their spot at the Championship to be hosted by Algeria.Ghana and six other teams will make it from the qualifiers and join hosts, Algeria, in the finals next year.last_img read more