Sol Campbell offers Pierre-Emerick Aubameyang advice over Arsenal contract situation

first_imgSol Campbell offers Pierre-Emerick Aubameyang advice over Arsenal contract situation Campbell says Aubameyang will have to decide on ‘instinct’ (Pictures: Stadium Astro/ Getty Images)Sol Campbell has advised Pierre-Emerick Aubameyang to seek assurances that Arsenal can achieve ‘instant success’ before he puts pen to paper on a new deal.The Gabon international has entered the final year of his current contract at the Emirates and is yet to commit his future to the club.After another impressive season, scoring 19 Premier League goals, Aubameyang has attracted interest from the likes of Barcelona, Inter Milan and Paris Saint-Germain.Reports suggest that the 31-year-old is demanding a minimum three-year contract worth up to £250,000 a week, and Gunners legend Campbell believes the striker’s decision will come down to whether he can trust the club to be ambitious in the transfer market and move forward in the near future.AdvertisementAdvertisementADVERTISEMENT‘He’s got to settle down and have a conversation with the manager and he needs to have a clear understanding of what they’re looking to spend, who they’re trying to get in,’ Campbell told Stadium Astro.‘It’s going to come down to trust, can he trust the club to say, right we are looking for x, y and z, we’re going to bring two or three players in and I think they’ll push us on to really challenge for the top four or really you never know, the Premiership.‘He needs to sit down with his people and have a serious conversation about where the club is going in the next two or three years, because he hasn’t got five years, six years to say let’s see how it goes, he needs almost instant success now.’ Aubameyang has scored 51 Premier League goals for the Gunners (Picture: Getty Images)The Gunners are likely to have a restricted budget in the next transfer window due to the financial impact of the coronavirus crisis, which could hinder moves for their top priority targets such as Atletico Madrid’s Thomas Partey.However, Campbell says new signings don’t necessarily guarantee success.‘Sometimes you need to spend a lot of money, but, sometimes you get really lucky and have a lucky, fantastic year. You’ve got to say Leicester, they just kept on going, it does happen,’ the former England international added.‘I think he [Arteta] is trustworthy, there’s no doubt, he [Aubameyang] has to decide himself where he wants to go in his heart and soul and spirit. More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal‘Where does he feel that, ‘If I can do it here I’ll just stay here I’ll give it a go, I believe they’re going to get two or three players in and I’ll believe in them’. ‘That’s what it comes down to, no one’s got a crystal ball, it doesn’t matter, you can spend £150-200 million, it doesn’t bring you any trophies. ‘It can probably help the profile of the players around you, but not necessarily end up winning something. Sometimes you’ve got to trust yourself, your own instinct and hope it matches up with the hierarchy.’MORE: Mikel Arteta explains why he was constantly shouting at Dani Ceballos during Arsenal’s win over WolvesMORE: Gabriel Martinelli hopes to play alongside Bukayo Saka for many years at ArsenalFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. Advertisement Advertisement Comment Metro Sport ReporterSunday 5 Jul 2020 10:43 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link4.1kShareslast_img read more

EU agrees new venture capital rules in CMU regulation spree [updated]

first_imgThe Commission said the changes would help make the funds more attractive to investors.Invest Europe, the association for European private equity and venture capital, said it welcomed the agreement reached by the three EU institutions.“Several positive elements of the Commission’s proposal were accepted, including those extending the regime’s scope and flexibility on eligible investments,” it said. “We anticipate that the final text will be appropriate and proportionate for the venture capital industry’s needs, to improve take-up of the EuVECA label and facilitate greater investment in Europe.”In November last year the Commission and the European Investment Fund – a branch of the European Investment Bank – launched a pan-European venture capital fund of funds in a bid to attract capital from major institutional investors.In Denmark, a recent proposal from the country’s IT industry association for a state-supported venture capital fund drew a cautious response from some pension funds.Securitisation rules take a step forwardAlso this week, EU lawmakers agreed a new regulatory framework on securitisation which they hope will free up €150bn for investment into the European economy.It is hoped this will revive interest in the asset-backed securities (ABS) market by setting out criteria to distinguish “simple, transparent, and standardised” (STS) securitisations from more opaque and complex ones.In a statement, the Commission said the regulatory package “bears no relation” to the securitisation of sub-prime mortgages in the US that was a major factor in the 2007-08 financial crisis.“The European Commission does not intend to go back to the days of opaque and complex sub-prime instruments,” it said. The new regulatory framework for securitisation comprises two legislative measures: a regulation on securitisation that includes rules on due diligence, risk retention, transparency, and criteria defining STS securitisations; and an amendment to the capital requirements regulation for banks.Edward Scicluna, minister for finance of Malta, which currently holds the Council presidency, said that it would help “relaunch the securitisation market”.The Council in a separate statement said: “Developing a securitisation market will help create new investment possibilities and provide an additional source of finance, particularly for SMEs and start-ups.”However, the framework still faces some hurdles, especially over the so-called “retention rate”, which sets how much an issuer of a securities package has to hold onto as a guarantee of propriety.The Commission’s initial proposal was for ABS issuers to retain 5% of the whole issuance. A draft text from the European Parliament raised the minimum to 10% or, in certain circumstances, higher. Dutch rapporteur Paul Tang supported the latter position on the grounds that the market needed to survive “in good times but also in bad times”.Finance Watch, a public interest association in Brussels, argued: “Unfortunately, at 5%, the risk retention requirement is too low to provide a meaningful [disciplinary] effect for banks.”The Association for Financial Markets in Europe added that it understood there would be “provisions for supervisors to monitor build-up of excessive risks on the market and to be ready to step up with warnings or recommendations”. However, there were still “technical details” to be agreed.On the other side of the fence, Austrian MEP Othmar Karas said too many limits would prove detrimental: “If you were to build a car that has seven safety belts, eight airbags and can only drive a maximum of five kilometres per hour, nobody would buy it.”The European Commission has called the securitisation rules “one of the cornerstones of the CMU”.“Securitisation can allow diversification of funding sources and a broader distribution of risk by allowing banks to transfer the risk of some exposures to other institutions or long-term investors, such as insurance companies and asset managers,” the Commission said.“This allows banks to free the capital they set aside to cover for risks of those exposures, allowing them to generate new lending to households and SMEs. STS securitisations will also provide new investment opportunities for institutional investors such as pension funds and insurance companies.” The European Union has agreed new rules aimed at stimulating venture capital investments in the EU and reviving the region’s securitisation market.The agreements on both sets of regulations are part of the European Commission’s action plan to create a Capital Markets Union (CMU) in the EU.The revised regulations on European venture capital funds (EuVECA) and European social entrepreneurship funds (EuSEF) will open these areas up to larger fund managers and expand the range of companies in which the funds can invest.The new rules will also make cross-border marketing of the funds cheaper, and simplify registration processes.last_img read more

Trojans fall to Bears at Galen

first_imgIt was a tale of two halves for the Trojans (6-19, 1-11), who were engaged in a close match featuring seven lead changes in the game’s first 20 minutes.A costly turnover by sophomore guard Maurice Jones put Cal ahead 35-29 going into the break, which was the Golden Bears’ largest advantage up to that point.The second half was a different story, as the Golden Bears (19-6, 9-3) recovered from an early three-point bucket courtesy of junior guard Greg Allen to outscore the Trojans 40-17 the rest of the way.“I think the game was decided [in] the first five minutes of the second half,” USC coach Kevin O’Neil said.During that five-minute stretch, Jones took a hard fall and had to take a temporary break from the action to bandage up a wound on his hand.“When {Maurince Jones] is not in there we don’t function very well,” O’Neill said. “We’re asking too much of Mo.”Jones led the way for the Trojans with 17 points on an efficient 8-13 shooting night. Only one other player, freshman guard Byron Wesley, joined him in double figures with 11 points. USC finished the game shooting 21-62 (33.9 percent), while the Golden Bears were 34-61 (55.7 percent).“Cal is a good team, they’re a better team,” O’Neill said. “They’re at the top of the [conference] for a reason. They’re well-coached.”Forward Harper Kamp was especially effective for the Golden Bears, scoring 14 of his 18 points after the break.With 17:32 remaining, he started a string of six straight makes in a four-minute span to help blow the game open.“He played like a senior is supposed to play,” O’Neill said. “He had a stretch of baskets where he made jumpers. That’s the way your guys are supposed to play at that age. He played extremely well tonight, and he did a great job for them.”The Golden Bears also received strong performances from sophomore guard and Los Angeles native Allen Crabbe, who had 19 points, and freshman forward David Kravish, who grabbed 18 rebounds in the contest. Cal as a team controlled the boards, outrebounding USC 41-28.“No matter what size you have, if you don’t gang rebound you’re not going to rebound well,” O’Neill said. “Especially with our size and our inexperience, we’ve got to become more of a hit-first team.”The Trojans will finish out a two-game homestand on Sunday against the Stanford Cardinal (16-8, 6-6). Despite a strong start to the season, Stanford has struggled of late, losing five of its last six games. Tip-off is set for 7:30 p.m. and the game will be broadcast on the Fox Sports Network. The USC men’s basketball team dropped its third straight game on Thursday night, falling to California 75-49 at the Galen Center. The loss marked USC’s 15th defeat in its last 17 contests.No home cookin’ · Sophomore forward Garrett Jackson had five points Thursday, shooting 2-14 from the field. As a team, the Trojans shot under 34 percent for the game, including 17.6 from behind the arc. – Chris Pham | Daily Trojanlast_img read more

GAELIC GAMES: BUNCRANA GAA CLUB NEWS

first_imgBuncrana GAA Notes For Week Ending Sunday 17th FebruaryCongratulations: The Mulholland family and C.L.G. Bun Cranncha were very proud as Lauryn Mulholland sang Amhrann na bhFiann before the Donegal/Down Match on Saturday evening in MacCumhaill Park. Congratulations Lauryn from all at the Club. Membership: Club membership for the upcoming year can now be paid. Adult membership is €100 (including weekly lotto entry), Student membership is €50 and child membership is €20 (€50 for 3 children or more). Dates of registration nights for juvenile members will be confirmed soon, and all information will be made available through Facebook, Twitter and the club notes. For further details please contact Grainne Soal at [email protected] Thank you to all who attended club registration on Sunday. There will be another registration night this Friday 15th between 7.00-8-00pm. Please note registration has to be in before 1st March.Charity Night: CLG Bun Cranncha were delighted to be able to host a special night on Saturday to thank sponsors and for charities which the club has helped out throughout the year, including Buncrana Nursing Unit, Careers Association of Ireland, Good and New Bus, Buncrana Tidy Towns, Donegal Hospice, iCare, and Insight Inishowen. Thanks to all involved and best wishes for 2013. Club Website: The club has officially launched its new website, which will provide all the latest news on club events and matches. Please log on to www.buncranagaa.com.Charity Boxing Tournament: Buncrana GAA have teamed up with the Illies Community group to present an exciting night of entertainment on the 9th March in the plaza Ballroom, come along and see local faces battle it out in the ring. Tickets on sale now from club members priced €20.Senior and Reserve Football: The Senior Footballers recorded their first win of the season on Sunday morning, with a hard earned one point victory over Faughanvale in the Ulster Intermediate League in Greysteel. Training continues each Tuesday and Thursday at 7.30pm. The next round of the Ulster League will be held next weekend, at home to Glenelly of Tyrone.U5 and U6 Gaelic Games: Under 5s and 6s sessions continues on Saturday mornings at 11.15am sharp in Crana College. The sessions are based on GAA Fundamentals; a Croke Park initiative based on European wide research aimed at bettering your child’s coordination (including hand eye) balance, agility and basic fitness in a fun filled environment. It is also an introduction into the basic skills of Gaelic games This is for children turning 5 or 6 years of age in 2013 and all are welcome.U8 Hurling: U8 Hurling will continue on Wednesday 16th January at 5.30-6.30pm in Crana College. Newcomers are always welcome to come along and learn the basic skills of Hurling in a fun, safe environment.U8 Football: U8 Football will continue on Friday at 6.30pm, new members are always welcome.U12 Football: U12 training will start back on Tuesday 12th of February at 7.00pm. The training times are as follows: Tuesday 7-8pm and Friday 7-8.30pm. Mouthguards are now compulsory for all training as well as matches. Newcomers are always welcome to come along and learn the basic skills of Gaelic football in a fun, safe environment.U14 Hurling: U14 Hurling training takes place on Thursday at 6.00pm and Saturday at 3.00pm. New players are always welcome. Girls Football: Girls football training is on Monday night at 7.00pm sharp. Open to all girls from the ages of 9 to 16 years of age. New players are also welcome. Please bring your own water bottle.Coaching: There will be a foundation coaching course taking place in Febuary/March in the club. It involves doing a child protection course for 2 hours on the Friday evening and doing coaching theory and practical for 5 hours on the Saturday. It is a good opportunity for young and old to gain some coaching qualifications, and will be especially useful for younger members who are enrolled on a sports related course at college/university. Interested parties please contact Odhrán Doherty.Lotto: The winning numbers in the lotto draw, which took place on Tuesday 28th January in O’Flaherty’s Bar on the Main Street, are as follows: 10-18-23-24There was no jackpot winner this week, however prizes of €20 go to each of the following participants: Rónán Doherty, BallymaganMarie Doherty, Droim ArdNat Black, LuddenAdrian Doherty, FahanRoisin Doherty, BallymaganClub Notes: Anyone who would like to receive a copy of the weekly club notes should email Oisín at [email protected] to be included on the mailing list. If you have any items which you think should be included in the club’s weekly notes, please email Oisín at [email protected] by 6pm on each Sunday for consideration. To keep up to date with all the latest goings-on, please join us on www.facebook.com/buncranagaa or www.twitter.com/buncranagaa @buncranagaaGAELIC GAMES: BUNCRANA GAA CLUB NEWS was last modified: February 10th, 2013 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:GAELIC GAMES: BUNCRANA GAA CLUB NEWSlast_img read more