Team Ownership Turnover, £M Gate and Matchday Income, £M TV And

Total Page:16

File Type:pdf, Size:1020Kb

Team Ownership Turnover, £M Gate and Matchday Income, £M TV And Gate and Wages as Matchday income, TV and Sponsorship and Corporate Football activities, Property Proportion of Loss before Tax, Profit before Tax, Interest payable, Highest paid Money put in by Team Ownership Turnover, £m £m Broadcasting, £m Merchandising, £m advertising Hospitality, £m Commercial, £m £m Player Trading, £m Hotel, £m Retail, £m Development, £m Other income, £m Wage Bill, £m Turnover (%) £m £m Borrowings, £m Net Debt, £m £m director, £m owners, £m Current state Outlook Notes Arsene Wenger’s team’s big-match collapses, the club’ s major shareholders pocketing millions selling to Stan Kroenke, and 6.5% increases to Arsenal’s already Arsenal Holdings PLC major expensive ticket prices have cracked the Emirates shareholders are Kroenke Sports Stadium halo. The figures look astonishingly healthy – Arsenal will fare Enterprises UK (registered in highest ever Premier League club turnover, £56m well when Uefa’s Delaware, owned by US resident profit, which prompts the question about whether more financial fair play Stan Kroenke) - 62%* might have been spent on the team. But the truer state rules come in, Red and White Securities of Arsenal’s finances came in the six month accounts because their Limited (registered in Jersey, to November 2010, with income from selling the flats in income is high, owned by Russian resident the old Highbury (worth £156m to May 2010) no longer £120m in the six Alisher Usmanov and Farhad coming in. Arsenal lost £6m, and chief executive Ivan months to Moshiri) - 27% Gazidis complained about rising player wages. The November. But the Includes the agreed purchase of club put ticket prices up, but neither the outgoing “Arsenal way” no Accounts for the Lady Nina Bracewell-Smiht’s shareholders, nor Kroenke, will put any of their money longer looks so year to May 31 Arsenal 15.9% 382 94 85 31 0.5 13 156 110 29 56 136 19 1.7 -Ivan Gazidis 0 in pure 2010 Now scaling back These are sobering figures, from Martin O’Neill’s final financially after O’ season in charge, signalling why reality bit for Randy Neill’s sixth place Lerner’s “good American” takeover at Villa Park. finishes were Lerner, vastly more popular than the Glazers at achieved with Manchester United and Tom Hicks and George Gillett, financial losses. Liverpool’s chased-out Americans, because he has put Their size and money in to Villa, not taken it out, has problems to turnover should address despite £206m invested. Villa illustrate the see them into Accounts for the coming ruthlessness of financial fair play: their turnover Europa League year to May 31 of £91m at 42,582 capacity Villa Park is the Premier places, but Lerner 2010. Money put in League’s seventh highest, but is so far behind Chelsea, is learning the vital by owners is Reform Acquisitions LLC, a USA Manchester United and Arsenal, they cannot importance of £116m in cash for company, owned ultimately by 0.237 - unnamed realistically hope to compete with them, and risk finding the right shares and £90m Aston Villa Randy Lerner 91 24 52 14 80 88 38 110 5 director 206 becoming a seller of players to the top clubs manager in loan notes Accounts for the 10 months to June Despite turning round the previous season’s £20m loss 30 2010. Karren in the Championship, and Alex McLeish’s side lifting Brady's £725,000 the Carling Cup, Birmingham are the Premier League’s Uncertain. Blues’ pay consisted of current headache club. The accounts showed Carson Yeung-led £26,000 for one increased turnover and a small profit, but carried a regime needs to month and warning that £24.65m had to be found for the club and find substantially £699,000 payoff its Cayman Islands-registered holding company to more money even for leaving after “operate within its agreed banking facilities.” That, the if the club stays in the Carson Yeung- auditors cautioned, “may cast significant doubt upon the Premier led takeover. The the [club’s] ability to continue as a going concern.” So League. money put in by Birmingham International far £7.15m of that money, underwritten by Polly Chu, Relegation could owners is a loan Holdings, incorporated in the 0.725 - Karren who runs casinos in Macau, has come in, but the share be financially from Carson Birmingham City Cayman Islands 56 7.4 42 7 38 68 0.1 16 1 Brady 15 issue for the other £17.15m has not completed catastrophic Yeung These are the valedictory figures of the former chairman, John Williams, who wrestled 10 years in the Rovers were Premier League, the Carling Cup in 2002 and four punching above seasons in the Uefa Cup from a modicum of financial their true size, with backing by the trustees of the late Jack Walker’s a £3m annual estate. The takeover by Venky’s, the Indian chicken subsidy from Accounts for the company, is one of English football’s oddest; they Walker’s estate. If 10 months to June sacked Sam Allardyce and Williams’ quickly left, amid Venky’s do not 30 2010. The talk the new owners were aiming for fifth place. Under show they are money put in by Steve Kean, Rovers have plummeted into a relegation sensible owners, owners is £100m Venkateshwara Hatcheries 0.358 - John battle, and so far there is no evidence that Venky’s the club will in capital, £4m in Blackburn Rovers (Venky’s) of Pune, in India 58 6 43 9 47 81 2 21 0.7 Williams 104 have put money in struggle interest free loans Accounts for the year to May 31 2010. Money put in by owners is £2.7 m owed to Owen Oyston’s company, Segesta and £276,000 owed to These figures from Blackpool’s promotion season show A season in the Owen Oyston how far the Seasiders gambled – as other Premier League personally. Championship clubs do - on climbing up into the should have Additional Premier League money pot. Valery Belokon, a Latvian transformed information: Valery industrialist, paid £4.5m in 2006 for 20% of Blackpool, Blackpool’s Belokon was owed which has long been owned and bankrolled by finances, whether £603,000 which publisher Owen Oyston, and run by his son, Karl. they stay up or go was repaid in Although credited with doing so shrewdly, and avoiding back down. With December. Karl paying agents, Blackpool ran a wage bill 144% of the no major spending, Oyston owed the club’s total income, making a £7m loss. Had they not this season’s vast club a £26,751 Owen Oyston (76.3%), Valery won promotion, the club could have run into difficulties, income has been interest free loan Blackpool Belokon (20%) 9 13 144 7 4.3 0.06 Not stated 2.976 but Ian Holloway and his team hit the jackpot banked he had taken out Controversial Chairman and FA board member Phil Gartside spent recruitment of two years advocating a Premier League second Owen Coyle from division, to cushion the financial blow for relegated rivals Burnley has clubs. The now increased parachute payments, £48m proven successful. Accounts for the over four seasons, were introduced partly to mollify that Bolton’s challenge year to June 30 worry. Bolton’s finances show why Gartside has cause is to stay in the 2010. The money to be terrified of relegation: a 14th place finish, after 10 Premier League put in is loaned by consecutive seasons in the Premier League, achieved without huge Davies at 5% Edwin Davies (95%), resident in at a loss of £35m, with debts up to £93m and £85m losses and subsidy interest from his the Isle of Man, a tax haven, via 0.532 - Phil loans in from the club’s Isle of Man-based owner Edwin from the club’s company, Bolton Wanderers his private trust, Fildraw 62 9 38 1 3 2 4 8 46 74 35 93 5 Gartside 85 Davies owner Moonshift This was the year, 2010, that Roman Abramovich’s Chelsea’s income former chief executive, Peter Kenyon, said Chelsea is third highest would be making enough money commercially to break behind Manchester even. Instead the club won the title with the Premier United and League’s highest wage bill, £174m, and recorded a Arsenal, but given £78m loss. Abramovich’s relentless ambition pushed Abramovich’s Accounts for the his spending on the club since 2003 to £739m. While obsession with year to June 30 Abramovich is always cited by Uefa president Michel winning, the club 2010. The money Platini as a supporter of financial fair play, because the will be hard- put in is Roman owner wants to reduce his subsidy, Chelsea’s £75m pressed to break Abramovich’s Roman Abramovich, registered spending in January on Fernando Torres and David even, and comply loans to the parent at Companies House as a 0.825 - Peter Luiz suggests Abramovich will find it hard to restrain with financial fair company, Chelsea Russian resident 213 11 2 5 185 10 174 82 78 734 0.8 Kenyon 739 himself play Fordstam Still at Goodison Park, a club both blessed and hobbled by their noble history and mission statement motto: Nil Satis Nisi Optimum: nothing but the best. The club has If Everton could wriggled with frustration for years at grand old appreciate their Goodison’s commercial limitations, and on the income blessings – homely of £79m, with a wage bill less than a third of Chelsea’s, old ground, steely David Moyes’ team has again performed creditably. manager, strong This does not feel like enough to a club which believes team – they could it should be among the champions, but chairman Bill be happy, but the Shares in the Everton Football Kenwright has pushed the finances as far as he can.
Recommended publications
  • P19 Layout 1
    SPORTS TUESDAY, JANUARY 7, 2014 United in decline as Moyes era faces crunch time MANCHESTER: Moments before Alex Ferguson left Old Trafford is soporific. The smattering of boos greet- Champions League group with a game to spare. With while Michael Carrick, the heartbeat of the midfield, Old Trafford for the final time as a coach, he issued a ing the final whistle of each home defeat - there have a last-16 match against Olympiakos to come, he will has also had a spell out and hasn’t been such a domi- defiant message to the Manchester United fans who been five already this season in all competitions - is be confident of at least reaching the quarterfinals. nating force. were so used to hanging on his every word. small but growing in number. He has guided United through to the League Cup There’s no consistency to United’s defensive unit “I’d like to remind you,” Ferguson said as he stood United fans are undoubtedly prepared to give semifinals, where it plays Sunderland in the first leg and players such as Rafael da Silva, Javier Hernandez, inside the center circle, getting lightly coated with Moyes time. They are a knowledgeable bunch, clearly on Tuesday, and has got the best out of England strik- Nani and Antonio Valencia appear to be lacking in raindrops, “that when we had bad times here, the understanding that replacing Ferguson is nigh impos- er Wayne Rooney, whose relationship with Ferguson confidence. One of Ferguson’s greatest strengths was club stood by me. All my staff stood by me.
    [Show full text]
  • 198485EC1RH.Pdf
    eYQhr {s t\. - h - I tfrs{; ,'hp A*r *ffs I $s\ *Fi N 'ru'd 'tu'd g6'tf SU3ddnS UVg ge'Z-ZLSJHONn'l UVS gLffi $A0l :pL N330U38V lSlUlS I3)UVW Zr rnoraoI srqbrlÄ1t3 qllM LHgtN NOll-VU8l'133^eprnles . inolag I stq6r1Ä1t3 t{l!M u e 00 Z- u d Ot I lHglN ^tUVd ,{epu3 . Jnolao qrrMlNlLl|NtVlUJtNS t^t"l I OJSTO^ePsrnqf . slq6r'l^lr3 pueg tueprsaulHgtN JtSnW UV]ndOd ^epsaupoM . i^treaauo] auorlaM auo^ra^3- 8n"13 NUllSlM I ^UINnOO ^epsanl . 'Of,SlO crsnhliloU u, loou a^rl s09pue sog^epuol l . 'l'lv luauureualu]a^rt u e m !- u d O€Z! UVlnJVtf,:ldS ^VO ^epuns . slH9tN 4 - lNSl lNlvluSrNS 3Al1 NMOI SHl JO )]Vr ot'l {u31s3cr9'll^ldvf, !' s9NlwwlH ^8 CllNrUd 'sr{}uoru mal }xau tt60e9 (tazoll8t99zeg (lz0l :auoqoatal aql ul aurof, o1 slq6gu ueadornE legeadsasoql ro alolrr srStroHd sl80ds ' ' ' ^s 03Hs|rand € o3cnooud mal s pup lcadsord u1 raquraruar ol rlf,lptu raqloup lNtzvSvW ^vcHf,lvr/! Noo lHl 'tz6t s.alaql leql adoq a/n pue 6uguanastql uollgladuoc 086r llp :steuulM dnC q6nolg^tO qnlf, s.adorng ut aq o1 1ear6 s.11 lsotuaro; {Jpq '99-996t 'suol1lladuoJ tt-9161 f,llsatI|oPsP lla/n sP sluarueurnol ueadorng :sJsuulM dnC sn6ea7 qslrto'S aarql aql u! prof,ar lsed s,qn1caql lunof,Jp pallelap Io 'Iooq 9t-9t6t e sappord '6u1uanaslql punor6 aql punoJe alss uo :sreuulM dn3 en6ea7 qsutoo9 ute.ltnoS 'adornE reaf mau s.qnlJ aql uaql u! proJal lsed suoq aql m6r't86r'z8f,L'oL6l' Lt6- :steuulM dnc qsluocs le {ool pue sa6ed aq} {rpq utn} ol a{ll Plnom no/{;1 puy 'ullrag t8-886t 08-5a61'99-!e6r oureufq uro{ sro}!s!Arno lp {ool pallplap e snld :d!qsuordueqC en6ee7 podar
    [Show full text]
  • Sample Download
    David Stuart & RobertScotland: Club, Marshall Country & Collectables Club, Country & Collectables 1 Scotland Club, Country & Collectables David Stuart & Robert Marshall Pitch Publishing Ltd A2 Yeoman Gate Yeoman Way Durrington BN13 3QZ Email: [email protected] Web: www.pitchpublishing.co.uk First published by Pitch Publishing 2019 Text © 2019 Robert Marshall and David Stuart Robert Marshall and David Stuart have asserted their rights in accordance with the Copyright, Designs and Patents Act 1988 to be identified as the authors of this work. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission in writing of the publisher and the copyright owners, or as expressly permitted by law, or under terms agreed with the appropriate reprographics rights organization. Enquiries concerning reproduction outside the terms stated here should be sent to the publishers at the UK address printed on this page. The publisher makes no representation, express or implied, with regard to the accuracy of the information contained in this book and cannot accept any legal responsibility for any errors or omissions that may be made. A CIP catalogue record for this book is available from the British Library. 13-digit ISBN: 9781785315419 Design and typesetting by Olner Pro Sport Media. Printed in India by Replika Press Scotland: Club, Country & Collectables INTRODUCTION Just when you thought it was safe again to and Don Hutchison, the match go back inside a quality bookshop, along badges (stinking or otherwise), comes another offbeat soccer hardback (or the Caribbean postage stamps football annual for grown-ups) from David ‘deifying’ Scotland World Cup Stuart and Robert Marshall, Scottish football squads and the replica strips which writing’s answer to Ernest Hemingway and just defy belief! There’s no limit Mary Shelley.
    [Show full text]
  • Zuckerberg Inks Video Calls Deal with Skype
    BUSINESS WITH PERSONALITY HAVE AN ALE ZUCKERBERG INKS VIDEO OF A TIME CALLS DEAL WITH SKYPE ARTISAN BEER COMES TO THE A FIRST FOR FACEBOOK PAGE 3 CITY PAGE 22 Issue 1,419 Thursday 7 July 2011 www.cityam.com FREE Chancellor NEWS CORP FEARS on hacking target list ▲ MEDIA DELAY TO SKY BID BY STEVE DINNEEN CHANCELLOR George Osborne yester- ▲ MEDIA ANALYSIS l British Sky Broadcasting Group PLC day joined the unenviable roll-call of BY STEVE DINNEEN p 827.00 people targeted by News of the World 850 6 Jul phone hackers. NEWS Corp bosses yesterday feared 845 Police visited Osborne last night to they may be forced to delay the firm’s 840 tell him that his personal details multi billion pound bid for BSkyB, as 835 appeared on notes kept by convicted the toxic political and commercial fall- 830 criminal Glenn Mulcaire and shamed out of the phone hacking scandal con- 825 former News of the World royal editor tinued to gather pace. 820 Clive Goodman. Bankers close to the deal told City It is not clear if Osborne’s name 30 Jun 1 Jul 4 Jul 5 Jul 6 Jul A.M. that negotiations have ground to and number were added to the list a halt while both sides consider the before or after he became chancellor. effects the ongoing scandal could have ANALYSIS l News Corp A spokesman for the Osborne said: on the proposed takeover. Even if the $ 17.94 “George was very grateful to the 6 Jul bid is waved through by the govern- 18.50 police.
    [Show full text]
  • Rooney Seals Man United Win
    Djokovic mauls Sterling hat-trick Murray, Tsonga inspires City rout awaits in final SUNDAY, OCTOBER 18, 2015 17 19 FIFA plunges into new corruption scandal Page 18 LIVERPOOL: Everton’s Zimbabwean midfielder Brendan Galloway (right) vies with Manchester United’s Spanish midfielder Juan Mata ringdu the English Premier League football match. — AFP Rooney seals Man United win ness. The news broke earlier on Saturday international break which had halted their tedium and opened the scoring after 18 their deficit impressively and showed more that Howard Kendall, Everton’s most suc- progress this term. They had also lost their minutes. heart but they had precious little end prod- Everton 0 cessful-and consequently popular-manager three previous visits to this ground, all with- Following a corner, Steve Naismith’s uct. De Gea did well to block a Lukaku shot had passed away that morning of a heart out scoring. clearance only fell to Marcos Rojo, whose and then a Ross Barkley free-kick in quick attack. Kendall had a hugely illustrious play- However, Everton had little to show for shot deflected off Smalling and into the succession, before Rooney settled the occa- ing career at Goodison Park, winning the their efforts and United punished them with path of the unmarked Schneiderlin, who sion with a fine finish after 62 minutes. Man United 3 First Division title in 1970, before assuming former prodigy Rooney twisting the knife in calmly passed the ball past Howard from 12 He ran clean through on goal and the managerial mantle on three separate the second half.
    [Show full text]
  • Glasgow: in a League of Its Own
    ESTABLISHED IN 1863 Volume 148, No. 7 March 2011 Glasgow: In a League of Its Own Inside this Issue BY JONATHAN CLEGG Feature Article………….1 English football is dominated by Scottish managers, and from one city in particular Message from our President…................2 GLASGOW, Scotland—There are some 240 overseas players in the English Pre- mier League. They're spread all over the map—35 from France, seven from Senegal, Upcoming Events…….....3 one each from Uruguay, Mali and Greece. By some measures, it's the most cosmopoli- Tartan Ball flyer ………..6 tan league in all of sports. But when it comes to the men prowling the sidelines, some of the very best come from this same cold, industrial city of 600,000 in western Scot- Gifts to the Society: Mem- land. bership Announce- ments…………….....7 Hear ye, Hear Ye: Notice of motion to be voted on by the membership …………………......7 Dunsmuir Scottish Danc- ers flyer…………….8 Dan Reid Memorial Chal- lenge Recital flyer….9 Press Association—Birmingham City manager Alex McLeish, left, shakes hands with Alex Fergu- son of Manchester United. Both men were raised in Glasgow. (Continued on page 4) March 2011 www.saintandrewssociety-sf.org Page 1 A Message from Our President The Saint Andrew's Dear Members and Society Society of San Francisco Friends: 1088 Green Street San Francisco, CA Our February meeting went well. 94133‐3604 (415) 885‐6644 Second VP David McCrossan served Editor: William Jaggers some excellent pizzas and fresh green Email: [email protected] salad, then entertained and informed Membership Meetings: us with a first class presentation on Meetings are held the the ‚Languages of Scotland.‛ He 3rd Monday of the month, at showed some great film clips, too.
    [Show full text]
  • Public Petition Pe1319
    Mr. Fergus Cochrane, PE1319/M Clerk to the Public Petition Committee, TG.01, The Scottish Parliament, Edinburgh. EH99 1SP Friday 17th September 2010 PUBLIC PETITION PE1319 In respect of the aforementioned petition and the responses received thus, Mr. Willie Smith and I would like to comment as follows. We note that no reply has been received from Scottish Amateur FA, Scottish Child Law centre and the Department for Work and Pensions. We are particularly eager to pursue responses from the Child Law centre and the DWP given the strong comments made by Mr. Tam Baillie regarding the legality of current football procedures. Indeed, as the Commissioner raises concerns about potential breaches of Scottish law (Age of Legal Capacity (Scotland) Act 1991) and European Law (UN Convention on the Rights of the Child) the Child Law centre must engage and provide opinion on these matters. The STUC also raise the question of legality when they write ‘There needs to be a thorough review by the appropriate bodies to establish why young players as young as eight are signing these agreements that appear to be to all intends and purposes a contract between two parties and in some cases may be illegal.’ The petitioners would respectfully suggest that consideration be given to referring these matters to the Justice Committee for further investigation. In addition we feel that the Scottish Schools FA should be afforded the opportunity to contribute to this Petition given this organisation accounts for over 30, 000 youngsters. Having reviewed the written submissions received from various organisations, Willie Smith and I would respond as follows.
    [Show full text]
  • What's Next in the Aldershot Town Chapter?
    Unofficial WHAT’S NEXT IN THE ALDERSHOT TOWN CHAPTER? Penned by “The Aldershot Writer”, featuring special guest and co-Club Founder of Aldershot Town, Graham Brookland; the End of Season edition also features player statistics courtesy of Club Statistician Pete Stanford and with the finest images from Club Photographer Ian Morsman. Delivering player, staff and boardroom member profiles to extras including written interviews, and more! Stay tuned to see what’s next in the Aldershot Town FC chapter, by visiting www.thealdershotwriter.tumblr.com. Official Major Shirt Sponsors Aldershot Town FC 2013-2014 End of Season Annual 1 | Page The whole new 21st century experience brought to you by “The Aldershot Writer”, delivers news; rumours; match previews and reviews; player, staff and director profiles and a new-look and improving Fans section; and much more. To stay tuned, visit www.thealdershotwriter.tumblr.com. Stadium Sponsors Aldershot Town FC 2013-2014 End of Season Annual 2 | Page ABOUT THE AUTHOR Last time, I was delighted to release my 2013/2014 Aldershot Town Annual (unofficial), back in December (2013), before the forthcoming Christmas. It’s always exciting to write, most of all about the Shots – I have improved greatly since last time out. Being encouraged by several personnel and supporters alike, that was the first step to an improvement in my writing and overall, how I approach different projects. I must therefore thank (not least using the Role of Thanks on the following page), but here and for most in advance; here. I have been supporting the Shots for roughly nine years now – I know it’s a short time but I cannot describe my passion and love for Aldershot Town Football Club.
    [Show full text]
  • Two Day Autograph Auction Day 1 Saturday 02 November 2013 11:00
    Two Day Autograph Auction Day 1 Saturday 02 November 2013 11:00 International Autograph Auctions (IAA) Office address Foxhall Business Centre Foxhall Road NG7 6LH International Autograph Auctions (IAA) (Two Day Autograph Auction Day 1 ) Catalogue - Downloaded from UKAuctioneers.com Lot: 1 tennis players of the 1970s TENNIS: An excellent collection including each Wimbledon Men's of 31 signed postcard Singles Champion of the decade. photographs by various tennis VG to EX All of the signatures players of the 1970s including were obtained in person by the Billie Jean King (Wimbledon vendor's brother who regularly Champion 1966, 1967, 1968, attended the Wimbledon 1972, 1973 & 1975), Ann Jones Championships during the 1970s. (Wimbledon Champion 1969), Estimate: £200.00 - £300.00 Evonne Goolagong (Wimbledon Champion 1971 & 1980), Chris Evert (Wimbledon Champion Lot: 2 1974, 1976 & 1981), Virginia TILDEN WILLIAM: (1893-1953) Wade (Wimbledon Champion American Tennis Player, 1977), John Newcombe Wimbledon Champion 1920, (Wimbledon Champion 1967, 1921 & 1930. A.L.S., Bill, one 1970 & 1971), Stan Smith page, slim 4to, Memphis, (Wimbledon Champion 1972), Tennessee, n.d. (11th June Jan Kodes (Wimbledon 1948?), to his protégé Arthur Champion 1973), Jimmy Connors Anderson ('Dearest Stinky'), on (Wimbledon Champion 1974 & the attractive printed stationery of 1982), Arthur Ashe (Wimbledon the Hotel Peabody. Tilden sends Champion 1975), Bjorn Borg his friend a cheque (no longer (Wimbledon Champion 1976, present) 'to cover your 1977, 1978, 1979 & 1980), reservation & ticket to Boston Francoise Durr (Wimbledon from Chicago' and provides Finalist 1965, 1968, 1970, 1972, details of the hotel and where to 1973 & 1975), Olga Morozova meet in Boston, concluding (Wimbledon Finalist 1974), 'Crazy to see you'.
    [Show full text]
  • Log of Hornby School 1900-87
    Hornby School Log-Books 1900-94 The following are extracts from the school log books of Hornby, Lancs., between 1900 and 1994. They are a selection of the most interesting entries over those years. The log books were written by the Headteacher and there are four of them covering this period. The original log books are kept at the school. I am very grateful to Mr.B.G.Wood, Headteacher 1983-94, for allowing me to borrow and make extracts from them. 1900 19th November The Thermometer at 9 o'clock this morning registered only 42 degrees. Fire was lighted at 7 but during the night there had been a very severe frost. Florence Goth who has been suffering for the last few day from earache was not able to attend to her duties. The New Time Table as approved by J.G.IIes HMI was brought into use this morning. 20th November There are still 15 children absent from School on account of Whooping Cough. 26th November Florence Goth has not yet returned to her duties, and it is now known that earache referred to on the opposite page is more correctly described as Mumps. This morning I find several cases of Mumps in the School, and some are absent on that account. Jane Smith is also beginning in the Mumps and ought not to be among the children. She will report herself to Mr Kay at the Central Classes this afternoon. Dr Bone the Medical Officer of Health recommends the closing of the School again indefinitely to stamp out the Mumps and the Whooping Cough.
    [Show full text]
  • Money Laundering in British Football
    Money laundering in British football Andrew Rosthorn Money stolen from the social fund of one of the poorest nations on earth was spent on transfer deals in British football. A share of the profit from the buying and selling of the brilliant Scottish midfielder Charlie Adam was wired to a Latvian brewery jointly owned by an international banker and the fugitive son of the deposed president of Kyrgyzstan.1 In September 2017 the English Football League disqualified banker Valeri Belokon for failing an Owners and Directors Test, four months after a court in Kyrgyzstan sentenced him in his absence to 20 years in prison for ‘money laundering, tax evasion and dishonesty’.2 1 ‘The Russian Laundromat and Blackpool Football Club’ in Lobster 73 at <https://www.lobster-magazine.co.uk/free/lobster73/lob73-russian-laundromat.pdf>. 2 ‘Valeri Belokon: Football League disqualifies former Blackpool director’ (28 September 2017) <https://www.bbc.com/sport/football/41429743> The Paris Appeal Court of the French Republic had already annulled compensation for the nationalisation of his bank in Kyrgyzstan on the grounds that rewarding its ‘massive money laundering operations’ would ‘negate efforts undertaken to combat money laundering’ and 'violate international public order’. 3 The law on money laundering in the United Kingdom had been tightened by Part 7 of the Proceeds of Crime Act 2002. Sections 327 to 329 created three principal criminal offences: concealing, disguising, converting, transferring, removing criminal property from England and Wales acquiring, using, possessing criminal property entering into an arrangement that facilitates the acquisition, retention, use or control of criminal property on behalf of another person.4 Yet eight months after the Paris court found that Valeri Belokon was a money launderer, a high court judge in London ordered the banker to be compensated for his 2006 investment in Blackpool Football Club in a £34 million award in damages and costs.
    [Show full text]
  • Mark Lewis and 'The Ultimate Hacker' (Summer 2012)
    Mark Lewis and ‘the ultimate hacker’ Andrew Rosthorn The appearance of solicitor Mark Lewis at the Leveson Inquiry on November 30 provoked an angry response from a former client whose complaints have so far been unreported in the British media. The solicitor advocate who acts for the the parents of the murdered teenager Milly Dowler is accused of introducing one of his clients to a notorious private eye who bugged telephones in a defamation case. The Legal Complaints Service has examined the allegations from a retired civil servant, Mrs Pat Middleton, but ruled in 2008 that her complaint about telephone tapping lay outside their jurisdiction. Mrs Middleton, 61, former treasurer of a Manchester Conservative club, has now discovered that the private investigator had previously worked for the News of the World and had just served a prison sentence. After seeing Mark Lewis give evidence to Leveson about the hacking of Milly Dowler’s phone messages Mrs Middleton contacted a reporter. ‘In 2005, when he was acting for me, Mark Lewis talked about a private investigator accessing telephone conversations illegally when gathering evidence to fight my case. The investigator, who was described as one of the best in Britain, played conversations back to me over the telephone. I questioned the legality of it and its admissibility in court. I was told there were ways and means by which it could be accepted. When I saw him on television lambasting News International for doing what he had condoned in my case, I felt sick. I was absolutely floored when I saw this man speaking on behalf of the Dowler family.
    [Show full text]