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Liverpool announce world record £106m net profit

Philippe Coutinho was sold by Liverpool to Barcelona in a £142m deal in January 2018 Liverpool have announced a world record profit of £106m. In their yearly financial results, the Reds made an annual pre-tax profit of £125m – up from £40m – as turnover increased in the 12 months to May 2018 by £90m to £455m, also a record. Liverpool were boosted financially by a run to the Champions League final last season, which earned an estimated £72m. They were also helped by midfielder Philippe Coutinho’s £142m transfer to…

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FIFA 

2018 FIFA World Cup Russia™ – News – FIFA and Qatar announce joint venture to deliver 2022 FIFA World Cup™

FIFA World Cup Qatar 2022 LLC will be responsible for the planning and delivery of operations and services for the tournament LLC combines FIFA’s extensive tournament experience with Qatar’s own global event knowledge and nine years’ host country work already undertaken Innovative model aims for greater efficiencies and control of event planning and delivery in order to ensure an optimum FIFA World Cup experience for all stakeholders In line with the FIFA 2.0 vision and its objective to create an innovative model that streamlines the operational delivery of the FIFA…

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Technology 

U.S. to announce criminal charges related to China’s Huawei: sources

WASHINGTON (Reuters) – The U.S. Department of Justice is set to announce criminal charges related to Chinese telecommunications firm Huawei Technologies Co Ltd on Monday, four sources told Reuters. FILE PHOTO: The Huawei logo is pictured outside their research facility in Ottawa, Ontario, Canada, December 6, 2018. REUTERS/Chris Wattie/File Photo The U.S. government has been expected to announce charges against Meng Wanzhou, Huawei’s chief financial officer, as part of an effort to extradite her from Canada, where she was arrested in December at the request of the United States. U.S.…

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FIFA 

2018 FIFA World Cup Russia™ – News – FIFA and CBF announce new four-year activity plan for the 2014 FIFA World Cup Legacy Fund

Updated contract details monitoring, reporting and compliance measures for Legacy Fund Initial USD 25 million payment to kick-start activity plan proposed for 2019 Communities from states that did not host FIFA World Cup matches in 2014 to also benefit from football development and legacy projects FIFA and the Brazilian Football Association (CBF) have today given an update on the 2014 FIFA World Cup Legacy Fund, confirming the start of a four-year programme that will lead to a total of USD 100 million being invested into football development and legacy projects…

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Ireland coach Joe Schmidt to announce future next week

Joe Schmidt has led Ireland to three Six Nations titles in five years Autumn international: Ireland v USA Venue: Aviva Stadium, Dublin Date: Saturday 24 November Kick-off: 18:30 GMT Coverage: Live on BBC Radio Ulster MW, BBC Sport website and BBC Sport app, plus live text commentary. Ireland head coach Joe Schmidt says he will reveal next week whether he will commit his long-term future to Ireland or return to his native New Zealand. Schmidt’s Ireland contract expires after next year’s World Cup in Japan and the 53-year-old admits he…

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Viva Four-Ever: Spice Girls to announce reunion tour (without Victoria Beckham)

Image copyright PA Image caption The fab five last performed at the closing ceremony of the 2012 London Olympics The Spice Girls are to announce their first tour for a decade – but Victoria Beckham isn’t expected to take part. Melanie Brown, Emma Bunton, Geri Horner and Melanie Chisholm are set to reveal details of the reunion tour later on Monday. Bunton said on her Heart Radio breakfast show that the group will put details on social media at 15:00 GMT. “I’m just so excited, I want it out there.…

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Freeze on fuel duty to continue, PM to announce

Image copyright AFP Image caption Mrs May will bring the Conservative Party conference to a close with her keynote address Fuel duty is to be frozen for the ninth year in a row, the prime minister is to announce – saying the government is “on the side of “hard-working families”. Mrs May will tell the Conservative conference: “They are the people for whom this party must deliver.” A car is a necessity “not a luxury” for millions of people, she will add. Last month, Chancellor Philip Hammond said the policy…

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Technology 

SAP, Microsoft and Adobe announce data alliance

FRANKFURT (Reuters) – Business software companies SAP, Microsoft and Adobe said on Monday they were forming a data alliance that will make it easier for clients running their applications to get a better overview of the customer. FILE PHOTO: A Microsoft store is pictured in New York City, New York, U.S., August 21, 2018. REUTERS/Carlo Allegri/File Photo The partners announced the Open Data Initiative at a Microsoft conference in Orlando, Florida, saying it would help break down information silos that make it hard for businesses to make the most of…

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PM to announce £2bn for social housing

Image copyright Getty Images Two billion pounds of new funding to build affordable and social housing in England will be announced by the prime minister later. Housing associations, local authorities and other organisations will be able to bid for the money to spend on projects beginning after 2021. The PM plans to focus on the “stigma” attached to social housing and will say tenants are “not second-rate citizens”. But Labour said the announcement fell “far short” of what was needed. BBC home editor Mark Easton said the government hopes the…

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SpaceX to announce private tourist who will fly to the moon

SpaceX is planning to launch a tourist on a trip around the moon, and the company said it will reveal the person’s identity during a September 17 event. The hard-charging rocket firm, run by billionaire Elon Musk, announced the news Thursday evening from its official Twitter handle. “SpaceX has signed the world’s first private passenger to fly around the Moon aboard our BFR launch vehicle—an important step toward enabling access for everyday people who dream of traveling to space,” the tweet said. “Find out who’s flying and why on Monday,…

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