Maker of $400 Golf Putter Tumbles After Surging 624% in Stock Debut
Sacks Parente Golf Inc.’s shares tumbled as much as 83%, erasing almost all of the big first-day gains
2023-08-17 01:29
World Cup Driving More Women Than Ever to Betting, Says Entain
When Entain Plc Chief Executive Officer Jette Nygaard-Andersen took over one of the world’s biggest gambling groups in
2023-08-16 19:24
Your Old School Starter Jacket Is Making a Comeback
Starter, the sports-apparel brand that was popular in the 1990s, is plotting a comeback for its old-school styles
2023-08-16 17:55
PSG’s Abdou Diallo Joins Qatar’s Al-Arabi as Gulf Football Signings Multiply
Paris Saint-Germain said defender Abdou Diallo is joining Qatari club Al-Arabi, adding to a rush of transfers to
2023-08-16 14:18
Australia Rallies Behind Matildas for Crunch World Cup Match
Australia reached fever pitch ahead of its national team’s first appearance in a Women’s World Cup semi-final match,
2023-08-16 10:50
Ares Weighs Loosening Crystal Palace Ties to Focus on Chelsea
Ares Management Corp. is considering loosening ties with Crystal Palace FC as it explores an investment in rival
2023-08-15 16:47
Trump Discloses Income From Real Estate, Crypto and His Brands
Former President Donald Trump’s latest financial disclosure revealed a sprawling portfolio that includes everything from his primary residence
2023-08-15 08:50
Chelsea negotiating for Romeo Lavia transfer to take Todd Boehly’s spending past £900m
Chelsea are negotiating a fee of £50m with add-ons for Romeo Lavia, after the midfielder signalled his intention to leave Southampton for Stamford Bridge rather than Liverpool. The Anfield club had earlier on Monday had a £60m bid accepted for the 19-year-old and, while he was interested in going north, moving to London has proved a more favourable option. There was some frustration given that it was felt Liverpool could have had a deal done last week, but Southampton absolutely refused to drop their asking price from £50m, in what has proved a seller's market. The signing will take Chelsea's expenditure to over £900m gross since the takeover in May 2022, and raised questions over how they will meet Financial Fair Play requirements. While the spending has inevitably been the subject of a lot of discussion at the top levels of clubs, just as it has been in the wider game, there has been no contact with the Premier League about it. Chelsea are likely to still have a number of outgoings in the two weeks left of the window - although that does raise the issue of clubs knowing they need to sell. The Premier League are expected to change their rules to bring them in line with Uefa's, closing a loophole that allows transfer fees to be spread over a longer-period and setting a limit at five years, but that will not affect the last year's spending. The regulations are also dependent on the year-end date for signings and which year the transactions go into. Chelsea completed the signing of Moises Caicedo for an initial £100m from Brighton earlier on Monday. Read More Chelsea end Caicedo saga by signing Brighton midfielder for initial £100m Chelsea’s £1bn spending spree still isn’t enough Chelsea and Liverpool trial football without defensive midfielders
2023-08-15 05:25
Turkey’s Fenerbahce Signs Manchester United Football Star `Fred’
Turkish football club Fenerbahce confirmed the signing of midfielder Frederico Rodrigues de Paula Santos, famously known as Fred,
2023-08-13 22:48
Storms, Armyworms and Biden's Faux Pas: Saturday Asia Briefing
It was a week to forget in China, starting with data showing the worst export decline since February
2023-08-12 12:23
FC Barcelona to List Media Unit in NY in $1 Billion SPAC Deal
Spanish football’s FC Barcelona will list its content creation unit Barca Media in the US via a merger
2023-08-11 19:45
Bayern Munich sign two huge names amid Kane transfer saga
Bayern Munich might be on the verge of buying England captain Harry Kane in a sensational €100m deal – but it has just made two very different signings. The German football club has just announced that Prime, the energy drink created by YouTube personality KSI and Logan Paul, is its “hydration sponsor”. The multi-year deal will see Prime Hydration sold at the Allianz Arena on match days, and the brand plans to expand retail operations in the German market later in the year and launch FC Bayern X Prime limited edition bottles. Sign up to our free Indy100 weekly newsletter “FC Bayern is delighted to partner with Prime and bring the company to the German market.” said executive board member Andreas Jung. “This partnership with a young, dynamic brand confirms our global growth and aims to reach a new audience for FC Bayern.” “It has been truly special to watch Prime grow so exponentially over the last year, but growth doesn’t happen without partners like FC Bayern Munich,” said Prime co-founders, Logan Paul and KSI, in a statement. “We are so excited to work with such an established and successful group of individuals and we look forward to hydrating all parts of this star club.” Prime has drawn criticism in recent months after doctors said it contained too much caffeine for children under the age of 16 – one of its major markets – to drink in large quantities. The Prime website and Prime Energy label both warn that the drink is not recommended for children under age 18, people sensitive to caffeine, pregnant women or women who are nursing. US Senate Majority Leader Chuck Schumer even called on regulators to investigate the company. The drink brand has become so popular, particularly with children and teenagers, that they are often being sold for 10 times their retail price on eBay. There is now even a tracker app that allows customers to verify stock before visiting stores. On Twitter last year, KSI – real name Olajide Olayinka Williams Olatunji – added that the beverage was being sold on the “black market”. The YouTuber shared screenshots of bottles being sold for £15 on eBay and said: “This annoys me so much. We’re trying so hard to increase the supply as much as possible to try and combat the black-market selling. “Me and Logan ain’t made any money from Prime. It’s all going back into the business to increase the supply. We’re trying people.” Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-08-10 23:16