Liverpool's Xherdan Shaqiri celebrates after scoring against Manchester United at Anfield. (Photo: AFP/Paul Ellis) Everyone is looking for the same thing, too: Players who can turn contenders into champions and save doomed teams from sinking without trace. No pressure, then. Finding them in the crowded and chaotic January market is quite another thing, too, because by this stage of the season, you are probably getting someone another club is happy to let go. That is why a good recruitment team is gold dust for every Premier League club. Of course, it doesn't take much for scouting to go wrong. Here's my review of the good, the bad and the ugly. THE BEST BUYS XI Possibly the most spectacular examples of scouting and signing are Leicester's purchases of N'Golo Kante - rated No 2 central midfielder in the FC 100 - for only £5.5 million and Riyad Mahrez for just £400,000. The pair were later sold to Chelsea and Manchester City, respectively, for a combined total of £90m. … [Read more...] about Premier League clubs” good, bad and ugly transfers of 2018 and what to expect in January
Banks' non-performing loans as a ratio of total lending may be down, but it is not a sign of economic recovery, merely the result of an accounting measure aimed at reducing bad debts on their balance sheets, analysts fear. The actual bad debts have not fallen, while measures like establishing the Vietnam Asset Management Company (VAMC) have not yet been taken to deal with the issue. The State Bank of Vietnam said on February 28 that non-performing loans were down to 6 percent from the 8.82 percent estimated last September. Nguyen Huu Nghia, the central bank's chief inspector, has claimed the decrease in bad debts is due to banks' careful risk assessment before lending and efforts to make more risk provision. But economist Nguyen Tri Hieu said: "I have not seen any reason for the decrease; just bigger risk provision is not enough." "I have not seen any sign of economic recovery or improvement among businesses. So I don't see any reason for the bad debt to decrease. Economist Le … [Read more...] about Vietnam bank bad debts down due to accounting, not economy
Investing tens of millions of USD in football annually to get losses, while the number of audiences is going down, football business is now in the time of misfortune. Many investors have planed to dismiss their clubs though they still love football. From the right: Dong Tam FC's Chair Vo Quoc Thang and Hoang Anh Gia Lai FC's Chair Doan Nguyen Duc. Several yeas ago, investing in football was a hobby of businessmen. The names of Mr. Thang, chair of Dong Tam FC, Mr. Duc of Hoang Anh Gia Lai FC, Mr. Long of Hoa Phat Hanoi FC have been very popular. Football became a good way for marketing. 2001 was the golden age of Vietnam's football, when many FC sponsored by super-rich entrepreneurs were set up. Sponsors paid millions of US dollars to buy foreign players and to pay bonus for players. The race among football investors has been weakening since 2005. In early September 2011, Hoa Phat group unexpectedly announced to dismiss the Hoa Phat Hanoi FC. On September 8, Hanoi ACB FC's … [Read more...] about Football business in bad luck
The hot credit growth, plus the bad credit management are the two reasons behind the increases of the bad debts. The Vietnam Alternative Holdings (VAH), an investment fund with the estimated investment capital of 100 million dollars, managed by VietinBank Capital and Saigon Asset Management Corporation (SAM), is calling for capital. The investment fund plans to join the debt and asset trading market by the end of the year, when it would trade the debts of credit institutions. “We plan to purchase bad debts of banks, then “renew” them for reselling,” said Nguyen Anh Tuan, General Director of VietinBank Capital. “We plan to buy second-group and subsequent debts. However, we will also consider buying first-group debts, or the “good loans” whose owners want to sell to gather strength for other business deals,” he added. According to the current standards, non-performing loans are classified into five groups, of which fifth-group debts … [Read more...] about How bad is the Vietnamese bad debt?
Premier League leaders Manchester City must learn to emulate rivals United in a key department -- winning matches even when playing badly.Manchester City's Sergio Aguero celebrates his goal against Villarreal during their Champions League Group A soccer match at the Etihad Stadium in Manchester, northern England October 18, 2011Photo: Reuters City manager Roberto Mancini expressed the notion at a news conference on Friday ahead of the big two squaring up for Sunday's showdown at Old Trafford. City, who top the standings by two points from Manchester United, have spent more than 600 million pounds (US$957 million )building a team fit to rival Europe's finest, but getting the better of United remains the ultimate benchmark. Mancini suggested the biggest step would be to match the mentality of the Old Trafford team. He said: "United have one thing we don't have yet. When they play badly they win the game and we are … [Read more...] about City need to learn to win when playing badly: Mancini