Tag Archives: wealthy

Roberto Mancini: Manchester City wanted Fernando Torres but 50m price tag was too high

Mancini: We wanted Torres but the 50m price tag was too high

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UPDATED:

00:05 GMT, 25 November 2012

Roberto Mancini has revealed he wanted to sign Fernando Torres – but pulled out because the price was too high.

The Manchester City manager chased Torres when the Spaniard was
regarded as one of the world's top strikers and looking to leave
Liverpool in January 2011.

Just the ticket: Roberto Mancini and his players wait at Stockport station for train to London on Saturday

Just the ticket: Roberto Mancini and his players wait at Stockport station for train to London on Saturday

Roberto Mancini

Roberto Mancini

Made in Italy: Mancini catches the eye in his natty hat and City scarf

But when the figures quoted were regarded as too high even for City's ultra-wealthy owners from Abu Dhabi, Mancini opted to sign Edin Dzeko from Wolfsburg for 27million, just over half the record 50m Chelsea ended up paying for Torres in the same transfer window.

Mancini's revelation adds an intriguing twist to this afternoon's game at Stamford Bridge when Chelsea will be led out for the first time by Rafa Benitez and City defend the last remaining unbeaten league record in England this season.

Mancini said: 'We were interested in Torres two years ago. There was a moment when we had a chance but the price was too high and we decided on other players. Now he's at Chelsea.

'We had four or five strikers in mind but, in the end, we signed Edin. We talked about this player [Torres] but we were probably missing a player with different qualities like Edin. He's strong in the air and is different from Fernando.

Target man: Man City wanted Fernando Torres

Target man: Man City wanted Fernando Torres

'I still think Torres is a good player. Every striker can have a difficult moment, but for me he is always dangerous.'

Torres has scored just once in his past eight games for Chelsea and managed only 19 goals in 87 appearances overall since his record transfer to Stamford Bridge.

One of the reasons Benitez has been hired by Roman Abramovich following the sacking of Roberto Di Matteo is to get his former Liverpool striker firing again like he did at Anfield.

Mancini warned: 'Fernando had a problem after Liverpool, but he's scored important goals for Chelsea and he won the Champions League with them.'

Didier Drogba scores for Shanghai Shenhua in 3-0 win despite pay row

Carry on scoring: Drogba on target for Shanghai as pay dispute rumbles on

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UPDATED:

10:25 GMT, 16 September 2012

Former Chelsea striker Didier Drogba scored for Shanghai Shenhua on Saturday as he continued playing for the Chinese club despite a board dispute that threatens his lofty salary.

Chinese state media say Shenhua has not been paying its foreign players in full because of the dispute, which has led to speculation that Drogba could leave the club.

But Drogba started in Shanghai’s 3-0 win over Liaoning Hongyun on Saturday, scoring one of the goals.

Still got it: Didier Drogba celebrates with team-mats, including Nicolas Anelka, after his goal for Shanghai Shenhua

Still got it: Didier Drogba celebrates with team-mats, including Nicolas Anelka, after his goal for Shanghai Shenhua

Making no mistake: Drogba is on target

Making no mistake: Drogba is on target

The board dispute centers around wealthy owner Zhu Jun, who has poured money into the club to attract star players such as Drogba, but is upset that his 28.5-percent stake has not been increased.

Zhu has said he might withdraw some of his funding and only play for 28.5 percent of Shenhua’s expenses, including salaries.

Carry on playing: Drogba is continuing to play despite a pay dispute

Carry on playing: Drogba is continuing to play despite a pay dispute

Making his mark: Drogba is one of the star names at Shanghai Shenhua

Making his mark: Drogba is one of the star names at Shanghai Shenhua

Drogba joined the Shanghai club in July after helping Chelsea win last season’s Champions League final, His contract is reportedly worth up to 9.25 million.

Shenhua are 10th in the 16-team Chinese Super League.

Eyes on the ball: Drogba fends off Liaoning Whowin's Wu Gaojun

Eyes on the ball: Drogba fends off Liaoning Whowin's Wu Gaojun

Job well done: Drogba takes his shirt off at the end of the game

Job well done: Drogba takes his shirt off at the end of the game

Former QPR supremo Paladini leading bid for Birmingham… but Briatore is not involved

Former QPR supremo Paladini leading bid for Birmingham… but Briatore is not involved

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UPDATED:

15:36 GMT, 12 September 2012

Gianni Paladini has confirmed he is heading a consortium who have launched a takeover bid for Birmingham.

But the former QPR chairman insists, contrary to reports, that Flavio Briatore is not involved.

Paladini, who is a close friend of former QPR owner Briatore, claimed on Wednesday the offer tabled is considerably more than the 12m reportedly rejected by Birmingham's board.

Sharp operator: Gianni Paladini, the former chairman of Queens Park Rangers, is leading a bid to takeover Birmingham City

Sharp operator: Gianni Paladini, the former chairman of Queens Park Rangers, is leading a bid to takeover Birmingham City

Birmingham have made no official comment on the matter.

Paladini told BBC Radio WM: 'I am involved in a consortium and the bid is not 12million, it's much, much more than that. Unfortunately I can't really say too much because everything is in the hands of the lawyers.

'Yes, we've made an approach. But I'd like to make a point that Flavio Briatore is not involved in this venture.'

Paladini insisted he would not be waving blank cheques around should he and his team be successful in taking control of the club.

Asked about the wealthy members of the consortium, Paladini replied: 'Even if I mentioned the names you wouldn't know them anyway because most of them are Italian, they all live in Italy.'

Paladini left his native Italy in the 1960s and moved to Solihull where he has remained.

No part: Paladini says that his friend Flavio Briatore, the former QPR owner, is not involved in the bid

No part: Paladini says that his friend Flavio Briatore, the former QPR owner, is not involved in the bid

Becoming involved with QPR in 2003 and having helped save the club, Paladini kept his position as chairman at Loftus Road after the significant 2007 investment by Formula One chiefs Briatore and Bernie Ecclestone and the family of Lakshmi Mittal.

He stepped down in August 2011 following the takeover of Tony Fernandes and was handed a consultancy role.

Paladini kept the position for three months before finally parting ways with QPR in November last year.

And he has now set his sights on taking charge at Birmingham.

'I'm a Birmingham boy myself,' Paladini added. 'I've always liked Blues and I've got a good relationship with a lot of Zulu Warriors [City's hooligan element], if they're still there I don't know, because I've been at QPR for 11 years.

'I've been a long-serving chairman of QPR. I think we did a great job, sometimes you have to do things the hard way to get success but the most important thing is that I took QPR when they were in League One at the time and then we got promoted the way we did, spent a fortune and at the end the job was done. QPR are now in the Premier League.'

Birmingham are owned by Hong Kong businessman Carson Yeung, who is currently unable to leave the Far East as he prepares for a November court date over alleged money laundering.

Acting chairman Peter Pannu has been exploring the potential for bringing in new owners or finding investment in the club.

Roberto Mancini frets as Manchester City look "poor relations" of transfer market

Mancini frets as Man City look 'poor relations' of transfer market

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UPDATED:

21:47 GMT, 18 August 2012

Fantasy football 2012

Roberto Mancini's grand five-year plan
for Manchester City is in danger of hitting the buffers only weeks
after the Italian signed a 37million long-term contract with the club.

Mancini has not been fobbed off by
last weekend's 12m signing of youngster Jack Rodwell and wants three
ready-made first-team players before the end of the transfer window,
including Liverpool defender Daniel Agger and Roma's Italy midfielder
Daniele De Rossi.

City start the defence of their Premier
League crown against Southampton on Sunday, with Mancini still fretting
about the lack of his club's transfer activity compared to Manchester
United, who have captured Footballer of the Year Robin van Persie and
Japan midfielder Shinji Kagawa from the Bundesliga champions Borussia
Dortmund.

Roberto Mancini, Manchester City manager, and his Chairman Khaldoon Al Mubarak, have a lengthy and intense conversation

Making his point: Roberto Mancini collared chairman Khaldoon Al Mubarak during training on Saturday…

Roberto Mancini, Manchester City manager and his Chairman Khaldoon Al Mubarak

… Khaldoon tried to placate his manager during a lively and intense debate…

Roberto Mancini, Manchester City manager, and his Chairman Khaldoon Al Mubarak, have a lengthy and intense conversation

… and the pair parted on good terms, so could City be about to do some more business in the transfer market

Mancini has set himself the ambitious target of trying to match the biggest clubs in Europe, including Barcelona and Real Madrid, over the tenure of his contract.

But he is facing difficulties from within his own club, who are keen for FIFA's fair play regulations to work to prevent wealthy investors from Qatar, China and India from pumping money into other clubs as they have done with City.

City hope the appointment of new chief executive Ferran Soriano, a former Barcelona vice-president, will help smooth the relationship between Mancini and Brian Marwood, who controls City's transfer policy.

'I'm happy with Jack (Rodwell) because he is young and a really good player. But we need to have other players,' said Mancini.

'When the Champions League starts, we will be playing every three days for 10 months. This is not easy if we don't have players.

'We could also lose Yaya Toure when the Africa Cup of Nations is played in January.

'We will work hard to get players before the window closes in the next 10 days, but it will be difficult.'

New recruit: Mancini with Jack Rodwell

New recruit: Mancini with Jack Rodwell

Mancini was offered a king's ransom to manage Russia but stayed loyal to City, an easy choice perhaps after the drama of winning the title with virtually the last kick of last season.

But he is not content to rest on his laurels. 'It is important to stay on top and fight for the title every year,' he said.

'But it won't be easy. Clubs like Real Madrid have 100 years of history winning trophies.'

Swansea City winger Scott Sinclair is another target and his arrival would allow Mancini to consider letting City's England international Adam Johnson go out on loan. Johnson has expressed frustration with not playing regularly at the Etihad and Mancini sympathises with his situation.

City kicked off last season by defeating a newly promoted Swansea City 4-0 and they will be expected to rack up a similar scoreline against Southampton today.

But Mancini doesn't see the season as a shootout between City and United.

'I think Chelsea will buy other players and also Arsenal will change after Van Persie. They have bought good players, and it's the same at Liverpool with a change of manager. They will be better than last year, and also Tottenham. I think it will be a fight with four or five other teams,' he said.

'After last season, I just hope we can maybe win the league with one game to spare!'

City hope Joe Hart has recovered from a back injury to face Southampton but Micah Richards and Gareth Barry are both ruled out. Rodwell remains the club's only signing of the window so far.

Manchester United New York Stock Exchange: Glazers won"t invest return in team – analysis

Will Glazers invest New York Stock Exchange cash on new signings Think again…

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UPDATED:

07:29 GMT, 5 July 2012

The Glazers want to raise $100m(64m) by making shares in Manchester United available on the New York Stock Exchange, but if fans think that money will be spent on signings, they can think again.

Documents filed with the US financial regulators reveal a United debt mountain that stands at 423.3million.

For the first time, the Glazers have been forced to admit that interest payments on that debt could limit the club’s ability to buy and retain players and staff.

United front: The Glazer family, including Bryan Glazer (right) and Avram Glazer, have floated Manchester United on the new York Stock Exchange

United front: The Glazer family, including Bryan Glazer (right) and Avram Glazer, have floated Manchester United on the new York Stock Exchange

In other words, those interest payments – which have totalled 312m since 2009 – could be large enough to hamper the club’s efforts to overhaul free-spending rivals Manchester City who, of course, pipped United to the Barclays Premier League title last season

The Glazer’s original plan was a much larger float in Singapore to raise 640m, an idea that was pulled amid the global economic turmoil.

But going to Singapore would have allowed Manchester United to attract wealthy investors from the club’s huge Asian fan base.

Americans, not steeped in the beautiful game, are less likely to risk their dollars for sentimental reasons.

They may also be put off by the structure that the Glazers have erected.
A float usually dilutes the control of the major shareholder because new investors are getting a piece of the pie.

Money maker: The Glazers are looking to raise 64million by selling shares

Money maker: The Glazers are looking to raise 64million by selling shares

But the Glazers have rigged the float so that they will always have the final say on business decisions.

Americans may ask why they should spend good money to buy into an enterprise entirely controlled by a small family clan. They won’t even get a dividend for their trouble.

The move to register Manchester United Ltd in the Cayman Islands doesn’t look like a tax dodge, as the company will be treated like a US firm for tax purposes, actually increasing its bill.

But the island jurisdiction does have looser rules about how companies can treat minority shareholders, which might have appealed to the Glazers.

New signing: Shinji Kagawa arrived earlier this summer

New signing: Shinji Kagawa arrived earlier this summer

One insider, who once tried to buy the club from the Glazer family, told the Mail that the Americans could be preparing the ground for an eventual sale.

Stock market listings are the best way of putting a value on a company.
If that value turns out to be a lot higher than the 800m the Glazers spent to buy the club, they may decide that now is the time to hoist the for sale sign over Old Trafford.

Nicklas Bendtner cleared of damaging cars as Lee Cattermole is bailed to reappear

Bendtner cleared of damaging cars in Toon as Sunderland pal Cattermole is bailed to reappear

Sunderland striker Nicklas Bendtner has been cleared of vandalising cars parked near the home of his team's arch rivals.

The prosecution withdrew the case against him after he was charged with five counts of criminal damage with Sunderland captain Lee Cattermole.

The Danish star, on loan with Sunderland from Arsenal for a year, and who scored the only goal in the Black Cats' win over Liverpool on Saturday, was not at Newcastle Magistrates' Court for the hearing.

Day in court: Lee Cattermole turns up at Newcastle Magistrates

Day in court: Lee Cattermole turns up at Newcastle Magistrates

Cattermole was present, dressed in a grey suit and black shirt, and no pleas were entered to the five charges relating to 4,168.27 of damage caused to cars on December 6.

The cars were parked in Stowell Street in Newcastle's China Town – only a few hundred yards from Newcastle United's Sports Direct Arena.

The case was adjourned at the request of the prosecution.

Cattermole, 23, who gave his address as Aislaby near Yarm, Teesside, was granted unconditional bail until 2pm on March 26 when the case will be heard again.

Busy: Nicklas Bendtner scored and got carried off against Liverpool on Saturday

Busy: Nicklas Bendtner scored and got carried off against Liverpool on Saturday

The same court banned Bendtner from driving for 56 days last month after he was caught driving his Porsche 911 at 103mph.

He is a huge star in his native Denmark – a journalist flew in from Copenhagen to cover the hearing today – and was engaged to Baroness Caroline Luel-Brockdorf, a wealthy member of the Danish royal family and the mother of his child.

They split soon after the birth of their son in December 2010.

The striker is currently playing in a mask after suffering a broken nose. It has been customised to include his initials, his 52 shirt number and the Danish flag.

In Toon: This map shows how close Stowell Street is to St James' Park

In Toon: This map shows how close Stowell Street is to St James' Park

Manchester City in talks to sign midfielder Nir Biton

Israeli outfit confirm City want midfielder Biton in loan deal

Manchester City are having talks with Israeli outfit MS Ashdod about signing midfielder Nir Biton.

The 20-year-old impressed on trial at City, and he could be joining the club on loan until the end of the season, with view to a permanent move.

Ready to make his move: Manchester City boss Roberto Mancini

Ready to make his move: Manchester City boss Roberto Mancini

Ashdod owner Jacky Ben Zaken told the Jewish
Chronicle: 'They want to take him on loan immediately and want
an option to buy him in the future.'

City aren't the only club to have taken an interest in Biton, with Everton and Aston Villa also watching him in recent weeks.

City boss Roberto Mancini has been told by the club's wealthy owners that he wouldn't have new funds to buy players in the January transfer window.

Nikica Jelavic not worth 10m – Neil Warnock

Get serious! Jelavic is not a 10m striker, says ex-QPR boss Warnock

Neil Warnock has warned Rangers they will toil to get 10million for Nikica Jelavic.

The former Queens Park Rangers boss was speaking out as West Ham had an offer of 5m plus 1m in add-ons rejected by the Ibrox club.

The Upton Park outfit began informal negotiations last week and, according to Rangers sources, followed that up with a firm proposal.

Wanted man: Rangers are prepared to sell striker Nikica Jelavic

Wanted man: Rangers are prepared to sell striker Nikica Jelavic

On Wednesday, however, senior figures at West Ham said they are ready to move on to other targets.

Rangers will now step up efforts to sell the 17-goal striker for as close to 10m as possible, with manager Ally McCoist hamstrung in his efforts to sign new players until the sale goes through.

Warnock considered buying the Ibrox club’s top scorer before being sacked by QPR a fortnight ago and last night told Sportsmail: ‘I know what Rangers value him at. But whether they get anywhere near that is another matter.

‘I would be surprised if anybody paid that much and were not very impressed, if I’m honest. We watched him for a few weeks and he didn’t seem much to write home about.’

Warnock tracked Jelavic and Rangers keeper Allan McGregor after targeting three or four new players for his struggling side.

Not worth it! Neil Warnock does not rate Jelavic as a 10m striker

Not worth it! Neil Warnock does not rate Jelavic as a 10m striker

Sacked by wealthy owner Tony Fernandes, however, Warnock explained why he passed on Jelavic when he added: ‘He has ability, no question. But I don’t know if anybody knows for certain if he is a Premiership player — and that’s the problem. If you are going to pay what Rangers want, then the player has to be proven as a Premiership player, haven’t they You could get Jermain Defoe for 10m.

‘I don’t know, other people might see it differently. People always want strikers, especially at this time of year. It comes down to whatever someone thinks he is worth.’

Rangers hope news of a firm bid from West Ham will drag other interested clubs out of the woodwork, with new QPR boss Mark Hughes joining Liverpool and Sunderland in the list of interested clubs.

If or when Jelavic finally goes, Rangers are set to approach Rapid Vienna striker Hamid Sahili.

The Albanian, also linked with Celtic, is out of contract in the summer and available this month for a knockdown fee after being told he can leave.

Sources close to Sahili claim Rangers have placed him on standby to replace Jelavic.

Carlos Tevez: Corinthians continue chase Manchester City striker

Corinthians” Tevez ambitions alive despite AC Milan interest in outcast City striker

Corinthians remain confident they could land Manchester City”s misfit striker Carlos Tevez in the forthcoming January transfer window.

The Brazilian club had dropped back in the running behind Italian giants AC Milan to capture Tevez”s signature.

But City could be be persuaded to accept and offer below their 40million valuation to free up funds for Manncini to spend next month.

No rush: Tevez has been spending much of his time playing golf in Argentina

No rush: Tevez has been spending much of his time playing golf in Argentina

Milan want to loan Tevez until the end of the season and then consider a permanent transfer. City, however, remain suspicious that Milan don’t have the money to fund a long-term deal.

But Corinthians” new president, Roberto Andrade has reiterated the club”s desire to re-sign their former hero.

“He is a great player,” he told Estadao. “At the start of the year we will start up talks again, but it will be a difficult negotiation.

“His value is extremely high, but Corinthians will work hard on this.

“We are going to try once again. We know that Manchester City (are) asking for too much, but if we don”t try, we will never know.”

City also remain hopeful that Juventus will come through with a cash offer after making contact directly to boss Roberto Mancini earlier this month.

Money matters: Mancini has admitted he needs to sell before he can buy

Money matters: Mancini has admitted he needs to sell before he can buy

After more than three years of lavish spending, City”s wealthy owners are insisting on a more pragmatic approach to their spending plans.

“Now we need to sell two or three players and then we”ll see,” said Mancini. “We want to sell and after that we may have time to buy someone if it’s possible.

“But it”s not easy. I ask the owner for Messi but it”s not possible!

“Until now we have been lucky because we didn”t have any big injuries. This could be a problem in January because we lose Yaya and Kolo, and I hope we don’t lose any other players through injury.”

Manchester City can"t buy until they sell, says Roberto Mancini

We can”t buy until we sell, says Mancini as Man City tighten the purse-strings

Manchester City might have spent more than 600million on new players under Abu Dhabi rule, but manager Roberto Mancini admits he must sell before he can buy when the transfer window reopens next week.

Carlos Tevez, still valued at 40million by City, would command by far the biggest transfer fee and Mancini also hopes to offload defenders Wayne Bridge and Nedum Onuoha.

He is concerned that injuries could derail City’s Premier League title challenge, with Yaya and Kolo Toure set to be missing for a month from mid-January on African Nations Cup duty.

January sales: Mancini needs to move on players before he can buy

January sales: Mancini needs to move on players before he can buy

But after more than three years of lavish spending, City’s wealthy owners are insisting on a more pragmatic approach.

‘Now we need to sell two or three players and then we’ll see,’ said Mancini.

‘We want to sell and after that we may have time to buy someone if it’s possible.

‘But it’s not easy. I ask the owner for Messi but it’s not possible!

‘Until now we have been lucky because we didn’t have any big injuries. This could be a problem in January because we lose Yaya and Kolo, and I hope we don’t lose any other players through injury.’

City have been linked with Ajax defender Jan Vertonghen, Lille’s Eden Hazard and Newcastle midfielder Cheick Tiote among others, but Mancini claims that clubs routinely ramp up the price when City inquire about their players.

On the radar: City have been linked with a move for Cheick Tiote

On the radar: City have been linked with a move for Cheick Tiote

He also admitted that another potential target, Roma midfielder Daniele De Rossi, will be difficult to lure from the Italian capital.

‘De Rossi was born in Rome and it’s unlikely that he’ll leave the city,’ said the City boss.

‘There are players that could be good for us, but every time we want to buy a player their clubs ask for lots of money.’

City are top at Christmas for the first time in 82 years and will look to maintain their advantage when they visit West Bromwich Albion on Monday.

But Mancini has told his players that they must be mentally prepared to fall behind Manchester United during the course of the title race if they are to succeed in deposing their rivals as champions.

Up for a fall: Mancini believes his team will behind Man United at some stage

Up for a fall: Mancini believes his team will behind Man United at some stage

‘I think we’ve got more chance if we have that attitude,’ he said.

‘I’ve told the guys that we can be second for three or four games, and go one or two points behind United.

‘But it won’t change anything. We know that United have to play many games away and we can recover points in those moments.

‘I think we are strong enough to stay on the top. We also know we can go into second position at some time. There are more than 20 games until the end. But it’s important we stay there and continue to play well and believe in ourselves.

‘When you are a strong team and you havea difficult moment you pull together and use it to stay where you are. United are very strong like that.

United: Mancini hopes his side

United: Mancini hopes his side”s spirit can make that of their neighbours

‘I’m sure we’ll continue to do well but we know that if we want to win this league we need to play well to the end and beat them at home.

‘In Italy when you’re on the top at Christmas then you usually win it, but here it’s different. It’s a good omen to be top at Christmas, but it would be a better omen if United lost three games!’