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Transfer: Premier League Clubs Net January Profit

Transfer: Premier League Clubs Net January Profit

first_imgPremier League clubs have recorded a transfer window profit for the first time – despite spending reaching a six-year January high of £215m.Southampton and Burnley made late deadline-day deals, while Odion Ighalo moved from Watford to China for £20m.Saints paid about £14m for Napoli’s Manolo Gabbiadini, and the Clarets signed Robbie Brady for up to £13mHowever, top-flight sides brought in £40m more than they paid out, according to finance analysts Deloitte. Premier League teams have spent a record £1.38bn on transfers in the 2016-17 season, after a summer outlay of £1.165bn.Spending in January 2017 is the second highest – behind the record mark of £225m six years ago – and dwarfs the £35m spent in the first January transfer window in 2003.While the window is now closed for the major European leagues, there could still be departures as big-spending China has an official deadline of February 28.Deadline-day sales were led by Nigeria striker Ighalo, 27, moving to Chinese Super League club Changchun Yatai.Burnley were one of the busier sides, recruiting 25-year-old Republic of Ireland international Brady from Norwich for a club-record fee having earlier snapped up another midfielder, Ashley Westwood, from Aston Villa.Southampton bolstered their attacking options by bringing in Gabbiadini, 25, while Crystal Palace secured Liverpool centre-back Mamadou Sakho on loan and signed Serbia midfielder Luka Milivojevic from Greek side Olympiakos.Swansea City signed Aston Villa forward Jordan Ayew in a swap deal that saw Wales defender Neil Taylor go the other way.Several mooted moves did not go through on a relatively low-key day, with Celtic keeper Craig Gordon and striker Moussa Dembele staying with the Scottish champions despite reported interest from Chelsea.Sunderland, thwarted in their attempts to sign forward Leonardo Ulloa from Premier League champions Leicester City, had a bid of about £12m rejected by Southampton for forward Jay Rodriguez.Championship clubs spent a record £40m on deadline day, led by Aston Villa signing forward Scott Hogan from Brentford for a fee that could reach £12m.Wigan sold winger Yanic Wildschut to Norwich for £7m, but they ended the day with eight new players.Sheffield Wednesday have to wait until Wednesday to see if their £9.5m move for Middlesbrough striker Jordan Rhodes had gone through in time.Midfielder Ravel Morrison returned to QPR on a late loan deal from Italian side Lazio, and highly rated West Ham defender Reece Oxford, 18, moved to Reading on loan for the rest of the season.Striker Matty Taylor caused a stir by leaving Bristol Rovers, where he has scored 19 times this season, for local rivals Bristol City – the first time a player has done so since 1987.Championship side City wasted no time in winding up their League One foes, with manager Lee Johnson saying: “It’ll be a big step up in standard for him.”Meanwhile, Neil Danns’ tour of the clubs of the north west beginning with a B saw him tick off Blackpool. The midfielder’s loan deal from Bury follows spells at Bolton and Blackburn. He has also squeezed in Birmingham City and Bristol City along the way.Everton were the Premier League club to spend the most on a single player, paying Manchester United £22m for France midfielder Morgan Schneiderlin.However, the biggest fee was the £60m paid to Chelsea by Chinese Super League side Shanghai SIPG for Brazil attacking midfielder Oscar.Also departing the Premier League was Dimitri Payet – with West Ham accusing the France forward of lacking “commitment and respect” as he rejoined Marseille for £25m.The top six sides did not shell out – the only new purchase among the leading sides being Arsenal’s surprise signing of left-back Cohen Bramall from non-league Hednesford Town for £40,000. He had just been made redundant from his job in a car factory before a trial with the Gunners.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Ruiz Beats Joshua to Become Boxing’s World Heavyweight Champion

Ruiz Beats Joshua to Become Boxing’s World Heavyweight Champion

first_imgBut the 29-year-old was not expected to be a Deontay Wilder, the WBC champion, and nor was he former world champion Tyson Fury.However Ruiz, born in the US to Mexican parents, seemed to care little for his underdog status.He walked around media events at ease all week, stressing he would become Mexico’s first world heavyweight champion.At 6ft 2in, he is four inches shorter than Joshua and he has taken to studying Mike Tyson, a man who destroyed countless taller opponents and is one of Joshua’s heroes.He had vowed to bring the renowned ‘Mexican style’, where fighters pressure opponents and often take shots in order to land work of their own.Ruiz’s win makes him to stand out.Alongside the likes of James ‘Buster’ Douglas — who conquered Tyson — and Hasim Rahman — who humbled Lewis, he is now a fighter who has sent a shockwave through boxing.(Reuters/NAN)Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Andy Ruiz Jr. stopped British title-holder Anthony Joshua in the seventh round of their fight in New York on Saturday to become the first Mexican-American heavyweight world champion.Joshua, previously undefeated, was defending his IBF, WBA and WBO titles but was knocked down four times beforeunderdog Ruiz was awarded a technical knockout.Ruiz, a late stand-in following Jarrell Miller’s failed drugs tests, has proved refreshing and eye-catching in fight week.last_img read more

NCB pumps $3m into Intercol Champs

NCB pumps $3m into Intercol Champs

first_imgTHIS year’s Intercollegiate Track and Field Championships, which is scheduled for Friday, April 7, and Saturday April 8, was yesterday launched with the National Commercial Bank (NCB) continuing as major supporters with a $3 million sponsorship.The championship, which will be held inside the National Stadium will also see the top male and female performers each receiving $100,000 with Gregory Peart, sales manager of Payment Services at NCB, making the wire transfer yesterday to the Jamaica Intercollegiate Sports Association during the press briefing.Christopher Vendryes, sales manager of NCB Insurance Company, lauded Intercol and stated that his firm had no hesitation in again supporting the championships as he saw this as a good transition for those students leaving high school.Intercol president Dalton Myers, who thanked the various sponsors, stated that he was pleased with what has been happening over the past two years, which coincides with Quality Logistics Event Management joining up with association to execute the meet.”We are indeed pleased with the progress made at this level as Intercol is about developing student athletes, and it helped to develop at both the amateur and professional levels,” said Myers. “We have had some outstanding athletes who have performed at these championships over the years and we will use the meet to select a squad in preparation for the World University Games, which will be held in Chinese Taipei between August 19-30.”NEW FEATUREManager of Quality Logistics Event Management, Paul Francis, who is also the coach at the University of Technology, gave an overview of the championships where some 15 teams, including defending male and female champions, G.C. Foster College of Physical Education and Sports.”Once again, we expect another high-quality meet as there will be some 36 track and field events, and I can’t wait to see the women’s 400m and based on form so far this season we could see some eight finalists under 53 seconds and this could become one of the closest ever championships, especially among the females where we could see at least three teams going down to the wire,” Francis said.He also spoke about a new feature as this year the party stand, where students partied just outside the stadium will instead be inside the venue.Other sponsors of the meet include Gatorade, Island Grill, Pure National Ice, SportsMax, and Puma, which has come on board for the first time and will be in charge of outfitting the officials.last_img read more

‘New Lionel Messi’ right to reject Arsenal and Man City, claims Palermo president

‘New Lionel Messi’ right to reject Arsenal and Man City, claims Palermo president

first_imgPalermo president Maurizio Zamparini believes Paulo Dybala made the right choice by snubbing Arsenal and Manchester City in favour of a move to Juventus.A host of Premier League clubs were chasing the Argentine striker after he struck 13 goals in 34 Serie A appearancesHowever, in the end it was Juventus who won the race for 21-year-old and Palermo president Zamparini believes it was the right decision for all parties.“I received offers from AC Milan, Inter and Juventus in Italy,” Zamparini told La Politica nel Pallone.“I had other offers which were a bit more tentative from abroad. The player has chosen the best team at the moment, which is in the Champions League and will give him greater exposure.“He’s the new [Lionel] Messi, Juventus have paid €32m plus bonuses to get him. He’ll find players there who speak the same language.“It was a great deal for both [Palermo and Juventus].” 1 Paulo Dybala in action for Palermo last_img read more