List of All Articles with Tag 'f'

Everton owner Farhad Moshiri has signed an agreement with 777 Partners for the American investment firm to acquire his controlling stake in the club. The Toffees, who are currently 18th in the Premier League table, have had Moshiri as a shareholder since 2016 and majority shareholder since 2018, with his stake accounting for 94.1 per cent. He said in a statement from the club: “The nature of ownership and financing of top football clubs has changed immeasurably since I first invested in Everton over seven years ago. “The days of an owner/benefactor are seemingly out of reach for most and the biggest clubs are now typically owned by well-resourced PE firms, specialist sports investors or state backed companies and funds. “I have been open about the need to bring in new investment and complete the financing for our iconic new stadium at Bramley-Moore Dock, on the banks of the Mersey, which I have predominantly financed to date. I have spoken to a number of parties and considered some strong potential opportunities. “However, it is through my lengthy discussions with 777 that I believe they are the best partners to take our great club forward, with all the benefits of their multi-club investment model. “As a result of this agreement, we have an experienced and well-connected investor in football clubs who will help maximise the commercial opportunities, and we have secured the complete financing for our new stadium, which will be the critical element in the future success of Everton. Today is an important next step in the successful development of Everton and I look forward to closely following as our club goes from strength to strength. It is through my lengthy discussions with 777 that I believe they are the best partners to take our great club forward, with all the benefits of their multi-club investment model. Farhad Moshiri “Of course, none of this could have been achieved without the hard work of everyone at the club. From our team at the training ground, our commercial and support teams through to matchday employees, I extend my sincerest gratitude. “And to our fans, the last few years have been challenging but you have supported the club through it all and consistently been our 12th man. You are the best fans and deserve success.” Everton said closing of the transaction is expected to occur in the fourth quarter of 2023 and remains subject to regulatory approval, including from the Premier League, the Football Association, and the Financial Conduct Authority. 777 currently own, or part own, Genoa, Standard Liege, Hertha Berlin, Vasco de Gama and Melbourne Victory and the London Lions basketball team and British Basketball League. The group had been in talks earlier this summer over a partial investment in Everton, only for rivals MSP Sports Capital to enter into an exclusivity agreement with Moshiri. With that agreement ending after that potential investment fell through over repayments to existing lenders – although a £100million loan to help finalise the completion of a new stadium at Bramley-Moore Dock was agreed – 777 re-entered the picture and are now set to make a full takeover. 777 founder and managing partner Josh Wander said: “We are truly humbled by the opportunity to become part of the Everton family as custodians of the club, and consider it a privilege to be able to build on its proud heritage and values. “Our primary objective is to work with fans and stakeholders to develop the sporting and commercial infrastructure for the men’s and women’s teams that will deliver results for future generations of Everton supporters. “As part of this, we are committed to partnering with the local community over the long-term, working on important projects such as the development of Bramley-Moore Dock as a world class stadium venue, allowing thousands more Evertonians to attend our home matches and contribute to the economic and cultural regeneration of Merseyside.” Friday’s announcement means that Bill Kenwright’s tenure as Everton chairman – a role he has had for 19 years – is likely to come to an end. In June chief executive Denise Barrett-Baxendale, chief finance officer Grant Ingles and non-executive director and former striker Graeme Sharp departed the club in the wake of numerous supporter protests, but Kenwright, a target for fans’ anger, accepted Moshiri’s request to remain. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Callum Wilson extends Newcastle deal Warrington favourites ‘schooled’ in ‘frightening’ wheelchair rugby league clash Talking points as Wales face Portugal looking to secure another bonus-point win

Farhad Moshiri has agreed a deal to sell Everton to American investment firm 777 Partners. The British-Iranian businessman, who owns 94.1 per cent of the shares, will sell his entire stake to 777, who have also invested in Sevilla, Hertha Berlin, Genoa, Vasco da Gama, Standard Liege, Red Star and Melbourne Victory. It will bring an end to Moshiri’s disastrous reign in charge at Goodison Park in which Everton have spent around £700m on players in seven years, only just avoided relegation in the last two seasons and are winless in the Premier League now. Moshiri, who has seemed short of funds since his long-time business partner, Alisher Usmanov, was sanctioned after Russia’s invasion of Ukraine, had been searching for investors to help fund Everton’s new stadium at Bramley-Moore Dock, which will cost £500m and is due to open in 2024. He was in talks with American firm MSP Sports Capital and real estate tycoon Maciek Kaminski, but his initial plan was to sell a minority share. Moshiri plans to write to the club’s minority shareholders to seek their support for the deal, which Everton are confident will be ratified by the Premier League and should be completed in the calendar year. Moshiri said: “The nature of ownership and financing of top football clubs has changed immeasurably since I first invested in Everton over seven years ago. The days of an owner/benefactor are seemingly out of reach for most, and the biggest clubs are now typically owned by well-resourced PE [private equity] firms, specialist sports investors or state-backed companies and funds. “I have been open about the need to bring in new investment and complete the financing for our iconic new stadium at Bramley-Moore Dock, on the banks of the Mersey, which I have predominantly financed to date. I have spoken to a number of parties and considered some strong potential opportunities. “However, it is through my lengthy discussions with 777 that I believe they are the best partners to take our great club forward, with all the benefits of their multi-club investment model. As a result of this agreement, we have an experienced and well-connected investor in football clubs who will help maximise the commercial opportunities, and we have secured the complete financing for our new stadium, which will be the critical element in the future success of Everton.” Josh Wander, founder and managing partner of 777 Partners, said: “We are truly humbled by the opportunity to become part of the Everton family as custodians of the club, and consider it a privilege to be able to build on its proud heritage and values. “Our primary objective is to work with fans and stakeholders to develop the sporting and commercial infrastructure for the men’s and women’s teams that will deliver results for future generations of Everton supporters. As part of this, we are committed to partnering with the local community over the long-term, working on important projects such as the development of Bramley-Moore Dock as a world-class stadium venue, allowing thousands more Evertonians to attend our home matches and contribute to the economic and cultural regeneration of Merseyside.” Read More Are Everton the first crisis club of the season? Demarai Gray gets his wish as he leaves Everton for Steven Gerrard’s Al-Ettifaq Everton boss Sean Dyche responds to Demarai Gray’s ‘respect’ comment Football rumours: Martin Odegaard tight lipped about Arsenal contract extension US investment firm 777 Partners considering Everton majority purchase – reports Football rumours: Jadon Sancho looking to leave Manchester United

Newcastle striker Callum Wilson has agreed a one-year contract extension with the Premier League club. The 31-year-old, who has been the Magpies’ top scorer for the past three seasons, is now committed to the Magpies until 2025. The England international has scored 40 goals in 79 league games since arriving from Bournemouth in 2020. That places him fifth on the club’s record Premier League goalscorers chart and with just eight more he would move up into second, behind only Alan Shearer. Wilson told the club’s website: “I’m delighted to extend my time here. “It’s a fantastic football club, I’ve been welcomed ever since I came through the door and now the club’s going in a fantastic direction and on a journey so it’s nice to commit my future to being a part of that. “We’ve got some great things to look forward to and I think being around here, the city, fanbase, is what players dream of so I can’t wait to be around for the next few years. “When I first joined the club, I had ambitions to come back to the Premier League having been relegated with Bournemouth and over the first few interviews I mentioned Europe and I mentioned getting to 100 Premier League goals. “They were ambitions of mine and they still are. I’m close to get into the ‘100 club’ and also becoming the second all-time Premier League scorer for Newcastle would be an amazing achievement, having looked up to Shearer for many years. “There’s so many fantastic names that have been before me at Newcastle – goalscorers who have worn the number nine – and it’d be nice to join them in the record books during my time here.” Wilson’s contributions helped Newcastle finish fourth in the Premier League and reach the Carabao Cup final last season. Manager Eddie Howe, who previously worked with Wilson at Bournemouth, said: “We’re very pleased because Callum has been an integral part of our success. “He’s an outstanding person, an outstanding footballer and I’m delighted he’s going to be with us for longer. “He’s an incredibly motivated person and I’ve never seen Callum not motivated to score goals. I think that’s a great thing for a striker.”

Arsenal are close to finalising new contracts with key duo Martin Odegaard and Ben White, while they also want to discuss a fresh deal with Oleksandr Zinchenko.

The best FPL assets not playing in UEFA competitions ahead of Gameweek 5 as picked by AI, including James Maddison and Nicolas Jackson. Powered by Fantasy Football Hub.

First it was Andrei Kanchelskis, then David Beckham and then Cristiano Ronaldo. For the best part of two decades, Manchester United were alright on the right. For periods in that time, the player on the flank – in two cases, in the iconic No 7 shirt – was arguably the best in the team; possibly, in a couple of seasons, the best in the world. Now two of the five most expensive signings in United’s history joined as right wingers. Both are unavailable. There are different reasons why Antony and Jadon Sancho are absent but if, after having spent almost £160m on the pair, the right wing should be one of the strongest departments of the United team, it was shaping up as a problem position even when manager Erik ten Hag could pick from both. Antony is currently taking a leave of absence after allegations of assault from three women; if, as he insists, he is innocent, he needs to clear his name while, if guilty – and so far police in both England and Brazil are investigating but no charges have been brought – his disappearance could, and many would say should, become a permanent affair. Sancho was omitted from the squad for the defeat to Arsenal because of his performances in training, Ten Hag said. The England international responded with a pinned tweet saying he had been made a “scapegoat”; United were willing to sell him for a suitably sizeable fee to Al-Ettifaq but only received a loan offer. For now, Sancho has been given a personal training programme as United decide which disciplinary action he should face. If, with Antony out of the picture, there is added scope to reintegrate Sancho, Ten Hag seems to deem his public criticism too great a transgression to ignore. So far, though, United have derived too little benefit from either. Antony has one goal in his last 26 league games. In all competitions, he has eight in 48 United appearances and just three assists: a habit of cutting infield to shoot suggests he is scarcely likely to get too many more. The footballing verdict may be that he is one-footed, one-dimensional and at times, one-paced as well. Sancho’s statistics are barely more impressive, with 12 goals and six assists in 82 games. If each forms a contrast with a more productive past – Beckham got 20 assists in one Champions League-winning season, 1998-99, and Ronaldo 42 goals in another, 2007-08 – there is a difference with Sancho’s own history, with his 17-goal, 16-assist Bundesliga campaign with Borussia Dortmund in 2019-20. There is the sense each has been miscast: Antony as a United player, with Ten Hag’s fondness for his former Ajax player prompting them to pay an exorbitant £86m, and Sancho as a right winger, when he looks better equipped to operate from the left and where, rather than using raw pace to sprint into space, he is better at close-combination play. If the evidence is that Ten Hag does not believe Sancho is quick enough to be his type of winger, a recurring theme at Old Trafford is an imbalance, with a host of attackers preferring to play from the left than the right: in recent years, they include Marcus Rashford, Anthony Martial, Alexis Sanchez, Jesse Lingard, Paul Pogba, Daniel James and Ronaldo. One exception, even if his long-term future seemed destined to be as United’s centre-forward, was Mason Greenwood, who brought more goals from the right than either Sancho or Antony. If United were far too slow to realise the 21-year-old could not resume his career at the club, belatedly aborting plans for his comeback, it could mean they have lost three options for the right flank in a matter of weeks. Which leaves Ten Hag with a problem as Brighton and Bayern Munich beckon. Of the youthful understudies, Amad Diallo (two Premier League starts in his career) is injured while Facundo Pellestri (none) is fit. Rashford or Martial could be moved into what is only the third-best position for each. United rebuffed suggestions they could sign the free agent Anwar El Ghazi; that they were mooted indicated how plans have gone awry. So an internal answer is required. Christian Eriksen had a profitable time for Tottenham when deployed off the right, though often as more of a No 10. If he was younger then and plays deeper and more centrally now, it may offer a hint to the best potential stand-in. Ten Hag showed an occasional willingness to use Bruno Fernandes from the right last season, often with a licence to come infield. Amid the question of how to accommodate the captain and Mason Mount, and whether the deadline-day signing Sofyan Amrabat should give the midfield more ballast by partnering Casemiro at the base, a way to do it would be to field one of the attack-minded players, whether the Englishman or the Portuguese, as a nominal right winger. Mount is not fit yet, but Eriksen could play centrally and Fernandes on the right in the meantime. As Fernandes looked more creative than Antony on the right last season, it may add to a regular theme at Old Trafford: if something needs doing, ask Bruno to do it. The reality that it is less than ideal to shift United’s premier No 10 is augmented by the fact United’s best attacking right-back, Diogo Dalot, who could have overlapped before if the supposed winger was in midfield, is actually playing left-back now because of injuries there. There may be compromises across the team. But then United have been making do on the right flank for various points in the 14 years since Ronaldo first left. There have been periods of excellence – Antonio Valencia won player of the year in 2011-12, Juan Mata excelled in 2014-15, albeit when the costlier Angel Di Maria was dropped, Greenwood delivered goals for a while – but if Sancho was Ole Gunnar Solskjaer’s preferred solution and Antony was Ten Hag’s expensive answer, now United find themselves with a familiar dilemma: who is the right man for the right? Read More Erik ten Hag consulted as Antony put on ‘period of absence’ from Man Utd amid abuse allegations Man Utd punish Jadon Sancho over Erik ten Hag comments What next for Jadon Sancho after his public fall-out at Manchester United? Man Utd punish Jadon Sancho over Erik ten Hag comments Harry Maguire says he can deal with pressure after ‘banter’ from Scotland fans Manchester United announce new shirt sponsor for 2024/25 season

AI's top captain picks in Fantasy Premier League Gameweek 5, including Erling Haaland and Mohamed Salah. Powered by Fantasy Football Hub.

Max Verstappen is chasing another victory - what would be his 11th in a row - as Formula 1 returns to Asia for the popular Singapore Grand Prix at the Marina Bay Street Circuit. Verstappen broke the record for the most consecutive race wins last time out at Monza, overtaking Ferrari’s Carlos Sainz to win his 10th race in a row. The Dutchman is cruising to a third-straight F1 world championship and currently has a 145-point lead in the standings to team-mate Sergio Perez, though cannot clinch the title in Singapore. Zhou Guanyu interview: ‘There is a lot of pressure in F1 – only winners stay in this sport’ It was an improved performance from Ferrari in Italy, with Sainz securing his first podium of the year and Charles Leclerc finishing fourth, while the Mercedes duo of Lewis Hamilton and George Russell followed up their new contracts with sixth and fifth place respectively. Williams’ Alex Albon was a standout once again, finishing seventh. Perez won last year’s wet race under the lights in Singapore - a venue where Verstappen is yet to triumph in his career. Lewis Hamilton is a four-time winner in Marina Bay. Follow live updates from the Singapore Grand Prix with The Independent Read More Zhou Guanyu interview: ‘There is a lot of pressure in F1 – only winners stay in this sport’ Alfa Romeo confirm driver line-up for 2024 F1 season Alex Albon, James Vowles and the start of a Williams renaissance

Joao Palhinha has signed a new contract with Fulham. He was close to joining Bayern Munich during the summer transfer window.

Aaron Rodgers underwent successful Achilles tendon surgery and expressed gratitude to orthopedic surgeon Dr Neal ElAttrache

Friday's roundup of transfer rumours includes news on Real Madrid's plan to sign Reece James, Manchester United's interest in Evan Ferguson, Arsenal's contract negotiations with a key duo and more.

There’s no place like home. For most of the Formula 1 grid, a return to familiar comforts at a much-loved circuit is something to behold, thrive and revel in. In fact, it’s only the Haas pairing of Nico Hulkenberg and Kevin Magnussen and the Alfa Romeo team of Valtteri Bottas and Zhou Guanyu who have not basked in such an experience in 2023. But all eyes for Zhou – Formula 1’s first Chinese driver in its 73-year history – now point firmly towards 21 April 2024. The sport’s return to one of the world’s powerhouses has, four times, been put on hold due to the pandemic – both the world-altering event itself and the country’s controversial zero-covid policy in the aftermath. Yet next year will see the Shanghai International Circuit host once more; all that was left was for Zhou’s presence to be confirmed. That came on Thursday morning. Ahead of the Singapore Grand Prix, the 24-year-old penned a one-year extension with Alfa Romeo to race with the Sauber-works team for a third-straight year. F1’s worldwide popularity boom has not diverted past China – and next spring we will see the full impact of Zhou’s spot on the grid. “It’s the dream fulfilled – the first Chinese driver in F1, it’s a huge thing for a massive country like us,” Zhou tells The Independent. “So many more Chinese fans are engaged in F1 compared to the past, obviously me getting into the sport means more people follow the races. “The pressure started two to three years ago, so it’s no longer a surprise. I’ve been through that period. I’m fine with the pressure. Now, it’s all about having a good example to set and inspire younger generations.” That pressure, both from the fanbase and within the paddock itself, is inescapable. Just ask Nyck de Vries: a Formula 2 and Formula E champion, he was ruthlessly axed from his AlphaTauri seat in July after just 10 races. For all the riches of the globe-trotting spectacle, F1 remains undeniably cut-throat. Yet you won’t see Zhou having too much sympathy. “There’s a lot of pressure in Formula 1,” he states. “Only winners stay in this sport. If you can’t perform, if you’re outperformed by others, you’re going to lose the seat. That’s the reality. It’s the way everyone lives. The pressure is there, you don’t have a lot of time and you’ve really got to get on with it. “If you can’t do that, then you won’t stay here for long.” Zhou’s performances behind the wheel of a struggling Alfa car this year – languishing ninth in the Constructors’ Standings no less – have clearly impressed enough for a third bite at the cherry. Four points from 14 races would, typically, be a topic of major concern. Yet with experienced team-mate Bottas only two points up the standings, it is difficult to place too much blame on the drivers in the cockpit. With Audi’s takeover looming large for 2026, work is hurriedly being done in the background. “The results have been difficult to take,” he says. “We didn’t expect Aston Martin and McLaren to be so fast this year. It basically means we are fighting for two positions every week. My total points don’t show how much I’ve improved as a driver. I made some mistakes last year, but this year it’s more about the car.” Zhou’s assuredness stems from a childhood of contrasts: his formative years spent in the hustle and bustle of Shanghai, followed by time as a teenager in the Steel City. Learning a new language and new culture, he went by the name of Steven at Westbourne School in Sheffield. “The culture and language are obviously completely different,” he says. “The education system too…” He pauses. He reflects on memories which quickened his acclimatisation process. “While in Sheffield, I really enjoyed playing pool. Not snooker, that’s more difficult! But also I was very surprised at how many Chinese people were going to university in Sheffield and at how many shops and restaurants there are. It’s quite far from London but you don’t feel like you’re too far out! Everyone was very laid back.” His ascension to F1 came as something of a surprise. Three seasons spent with the Alpine Academy in F2 – with a 2021 finish of third his best showing – saw Alfa come calling. He scored a point on his F1 debut in Bahrain last March. His start was impressive. But then came Silverstone. “It definitely set me back,” Zhou says now, recalling the time his Alfa spun upside-down towards a barrier at the start of the British Grand Prix. Miraculous images with a miraculous outcome: Zhou barely had a graze on him. “It happens. I recovered quite quickly mentally. It was just a shame because I had some very good momentum, I’d twice been in Q3, but I had to have a recharge afterwards. It wasn’t too bad.” Zhou is not one to reminisce too much. Everything is possible for the Chinese driver with a slice of Sheffield inside him. Audi’s arrival in less than three years is “still so far away.” However, he does admit: “Hopefully I can stay when Audi come.” But that’s in the distant future. For now, it’s on to this weekend and the twists and turns of Marina Bay. Read More Alfa Romeo confirm driver line-up for 2024 F1 season Max Verstappen breaks new ground with record victory at Italian Grand Prix Max Verstappen tells Toto Wolff to focus on Mercedes after snipe Hamilton labels Marko’s comments about Perez ‘completely unacceptable’ Sebastian Vettel refuses to rule out return to Formula 1