Arsenal to fund summer transfer spree by putting 10 first team players up for sale

first_imgAdvertisement Arsenal to fund summer transfer spree by putting 10 first team players up for sale Metro Sport ReporterFriday 21 Aug 2020 8:46 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link2.3kShares Advertisement Sokratis Papastathopoulos, who is in the final year of his contract, is wanted by Napoli and Shkodran Mustafi could also be allowed to leave despite his improvement under Arteta. The versatile Ainsley Maitland-Niles could represent a surprise casualty of a midfield overhaul, especially given his performances in Wembley wins over City and Chelsea when he excelled at wing-back. Spurs are willing to test the waters with a reported £30million bid, while Arsenal are exploring the option of a player-plus-cash swap deal involving the exiled Matteo Guendouzi and Lyon’s gifted midfield technician Houssem Aouar.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 ArsenalMohamed Elneny will be sold this summer having spent last season out on loan, while Lucas Torreira could return to Serie A amid interest from Roma and AC Milan.Aubameyang’s strike partner and close friend Alexandre Lacazette is said to be interesting Juventus, meanwhile, and England Under-21 international Reiss Nelson, whose chances of regular first team football have decreased following the arrival of Willian, could command a transfer fee upwards of £15million. Arsenal would happily entertain offers for Mesut Ozil whose £350,000-a-week contract remains a huge burden on the club, but the former Real Madrid star recently underlined his intention to see out the remaining 12 months of his current deal and won’t be sold against his will. AdvertisementAdvertisementMORE: ‘Hopefully great news’ – Pierre-Emerick Aubameyang teases Arsenal fans ahead of contract announcementMORE: Willian insists he wanted Chelsea to win FA Cup final despite imminent Arsenal transferFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. Comment Gabriel is expected to complete his move to Arsenal after undergoing a medical (Picture: Getty)A lack of Champions League and matchday revenue, however, has forced Arsenal to consider ways of balancing the books. The club has already confirmed its intention to make 55 redundancies, while Raul Sanllehi vacated his position as head of football last week and technical director Edu continues to oversee a major overhaul of the scouting department. Sanllehi’s departure has resulted in Arteta assuming greater control over Arsenal’s transfer dealings and the former club captain is striving to create a more balanced squad. According to The Times, the 38-year old is willing to sanction the departures of four central defenders, four midfielders and two fowards. English duo Rob Holding and Calum Chambers are likely to be deemed surplus to requirements, with the latter attracting attention from Fulham. The 10 players who could leave Arsenal this summer DEFENDERSRob Holding Calum ChambersSokratis PapastathopoulosShkodran MustafiMIDFIELDERSAinsley Maitland-NilesLucas TorreiraMatteo GuendouziMohamed ElnenyFORWARDSAlexandre LacazetteReiss Nelson Mikel Arteta is undertaking a massive overhaul of his Arsenal squad (Picture: Getty)Arsenal are looking to fund their summer recruitment drive by selling as many as 10 first team squad players with the FA Cup winners also conscious of the need to cut their wage bill. Mikel Arteta’s first half-season in charge culminated in an FA Cup final triumph over Chelsea which sealed Arsenal’s place in the Europa League next season, but the Spaniard has acknowledged that his squad is still some way short of the quality required to challenge the likes of Liverpool and Manchester City. The Gunners have already added Willian to their ranks this summer and are closing in on a deal for Lille centre-half Gabriel, who is said to have undertaken a medical ahead of official confirmation of his arrival.AdvertisementAdvertisementWilliam Saliba has returned from his loan spell at Saint-Etienne and will compete for a first team spot, while David Luiz, as well as January loan recruits, Cedric Soares and Pablo Mari, have all committed their futures to the north London club. ADVERTISEMENTIt is anticipated that skipper Pierre-Emerick Aubameyang’s future will be resolved in the coming days with last season’s top goalscorer ready to end months of speculation by signing a new three-year deal. last_img read more

Governor Wolf Tours District 1199C Breslin Learning Center, Discusses Apprenticeships as Career Pathways

first_img April 03, 2017 Governor Wolf Tours District 1199C Breslin Learning Center, Discusses Apprenticeships as Career Pathways Jobs That Pay,  Press Release,  Workforce Development Philadelphia, PA – Today, Governor Wolf visited the District 1199C Training & Operating Fund’s Breslin Learning Center to experience how the center links classroom training with real health care jobs that take low- and middle-wage workers onto a career path of success. Following the tour, Governor Wolf hosted a roundtable discussion on apprenticeships with students, employers, and community partners.“Apprenticeship programs such as the ones at District 1199C are providing access to career pathways in healthcare and human services for incumbent workers and job seekers through education, training and work-based learning,” Governor Wolf said. “What better way to connect people to jobs that pay than integrating employer needs with worker training.”District 1199C’s founding principles, in place since its inception in 1974, focus on the very core of apprenticeships: meeting the needs of workers and employers, a commitment to lifelong learning and a career path, and work-based education, or earn-while-you-learn.The Learning Center’s focus on health care is particularly important as Pennsylvania’s population ages and there is an increased need for in-home caregivers, nurses’ aides and nurses, among other health care workers.“Much like 1199C, I see the need for aligning workforce programs, including apprenticeships, with the needs of employers,” Governor Wolf said. “That is why I have included an apprenticeship grant program in my 2017-18 budget.Funded with revenue recovered by the Department of Community and Economic Development from companies that fail to live up to previous commitments made when they received state assistance, businesses can seek grant funding of up to $2,000 for each apprentice employed pursuant to an apprenticeship agreement registered with the Office of Apprenticeship in the United States Department of Labor.The grant program – both for those leaving the K-12 education system and those transitioning into a new industry sector – can receive training aligned to business workforce needs, so workers are not training just to train, but have a job, a career path established.“District 1199C is pleased to welcome Governor Wolf to its Breslin Learning Center today,” Henry Nicholas, president of the National Union of Hospital and Health Care Employees, AFSCME, and chairman of the District 1199C Training & Upgrading Fund said. “The governor understands the importance of apprenticeships as a strong and solid career pathway into a secure future for low-wage workers. It was a pleasure to show off our health care training facility and for Governor Wolf to meet some of our student apprentices.”Created in 1974 by collective bargaining agreements between District 1199C of the National Union of Hospital & Health Care Employees (NUHHCE) and 11 Philadelphia hospitals, the District 1199C Training & Upgrading Fund has grown to include more than 50 acute care hospitals, long term care and behavioral health facilities, and homecare agencies. A uniquely designed labor management partnership, the Training Fund broke new ground at its founding with a commitment to serve both union members and the community – a commitment it has honored and grown over the last four decades, serving more than 100,000 Delaware Valley students.Today, the Training Fund serves over 4,000 students annually at the 35,000-square foot Breslin Learning Center in Center City Philadelphia. The Training Fund’s student-centered approach to education and training incorporates individualized career coaching and case management to help individuals obtain the educational credentials and professional certifications they will need to achieve their academic and career goals.center_img SHARE Email Facebook Twitterlast_img read more

Local Pensions Partnership unveils £750m hedge fund vehicle

first_imgA £16bn (€18bn) collaboration between three UK public sector pension schemes has launched a pooled vehicle for hedge funds.The Local Pensions Partnership (LPP) – formed in 2015 as a collaboration between the London Pensions Fund Authority (LPFA) and Lancashire County Council’s pension scheme – today announced it had established the LPPI Diversifying Strategies fund, pooling together £750m of assets.The multi-manager, multi-strategy fund was designed to “exploit a broad range of relative value and macro directional opportunities in global capital markets”, LPP said.Susan Martin, LPP chief executive, said: “With LPP’s scale, we are able to access different and niche investment strategies that are often closed to new investors, providing innovative, practical implementation solutions for our clients.”  LPP also plans to launch a pooled vehicle for property in the next few months, according to documents seen by IPE. According to their latest annual reports, LPP’s three underlying pension fund clients – LPFA, Lancashire and Berkshire – had roughly £1.5bn of property assets between them.Berkshire joinsSeparately, LPP staff have begun transferring the Berkshire Pension Fund’s £2bn investment portfolio onto its investment platform.Berkshire became LPP’s third client last year, in line with the UK government’s push for asset pooling within the local government pension scheme (LGPS).As part of the transition, council documents showed Berkshire would invest £120m in LPP’s global equities portfolio. Its bonds allocation moved to LPP’s existing fixed income fund in August.In addition, Berkshire would get its own section of LPP’s private equity vehicle. Credit and infrastructure allocations were expected to transfer in the first half of 2019.LPP stated that any holdings deemed unsuitable for pooling would remain with Berkshire until they matured or were sold.#*#*Show Fullscreen*#*# Source: Annual reportsThe asset split for LPP’s three client funds, before Berkshire’s assets were transferredlast_img read more

The Latest: Bellator postpones its three cards set for May

first_imgThe Latest: Bellator postpones its three cards set for May Royals chairman John Sherman, who purchased the club late last year from David Glass, said in a statement that his group of players, executives and investors “share a deep connection to the Kansas City community, which is why the entire Royals family is coming together to do our part.”The Royals would have opened their season against the White Sox last week in Chicago. Their home opener would have been Thursday against the Mariners. At this point, nobody is quite sure when the club will take the field.Longtime outfielder Alex Gordon donated to the Royals’ food drive. He says that his family is staying home during the pandemic, but “we feel very blessed, and we want to make sure our neighbors are taken care of.”___Naismith Memorial Basketball Hall of Fame President & CEO John Doleva said the organization is moving forward with its planned London Showcase doubleheader in December that will match Kentucky against Michigan and Marist against UMBC. Fans entering the stadiums in Belarus over the weekend were given antiseptic hand gel but few wore masks for protection.Belarus President Alexander Lukashenko has been defiant about not limiting people’s movement, saying “it’s better to die standing than to live on your knees.”Baer-Hoffmann says FIFPro does not have a member union in Belarus but “we will be lobbying” to introduce precautions.___The Bundesliga soccer season will remain suspended through April because of the coronavirus pandemic. ___Hungarian Olympic swimmer Boglarka Kapas says she has tested positive for COVID-19.The 26-year-old Kapas writes in an Instagram post that she had to submit to testing in order to return to training.She says her first test was negative but a second test showed she has the virus. She is staying in quarantine at home for two weeks.Kapas says “I don’t have any symptoms yet and that’s why it’s important for you to know that even if you feel healthy you can spread the virus.” The world circuit is suspended to the end of April, but the BWF expects more tournaments to be put off in May and June.It says it has yet to decide how the rankings will be unfrozen.The BWF says “it is difficult to outline the exact procedure until we have an exact overview of what the international calendar will look like once play resumes and suspended tournaments have been rescheduled.”With the Tokyo Olympics delayed until 2021, the BWF says it is reviewing the Olympic qualification process. It notes the consequences of freezing the world rankings does not apply to Olympic qualifying. ___ Two-time mixed doubles champion Jamie Murray says he believes Wimbledon will be canceled.The All England Club board will hold an emergency meeting on Wednesday to discuss the fate of the 2020 tournament.The grasscourt season lasts only six weeks and Wimbledon is staged when daylight hours are the longest in Britain. The club has acknowledged the short window available to it and ruled out playing without spectators.The French Open has been postponed from May to September.The brother of two-time Wimbledon singles champion Andy Murray was asked whether he thinks a cancellation is more likely than a postponement. He told BBC Radio 4: “I think so. I think for them it is difficult to move the tournament back for many reasons, because you are running into other tournaments.” ___ABC/ESPN has moved up the premier of the 10-part docuseries “The Last Dance” featuring Michael Jordan and the 1990s Chicago Bulls to April 19. The docuseries will be shown on ESPN on Sunday nights and on Netflix outside of the United States.It was originally scheduled to be released in June but sports fans have clamored on social media for the series to be moved up in the wake of the coronavirus outbreak and with most sporting events canceled or postponed.The news was announced on Good Morning America.The Bulls won six NBA titles during the 1990s and were led by Jordan, Scottie Pippen, Steve Kerr and Dennis Rodman. The league is also relaxing its financial fair play rules because it expects clubs will struggle to adapt to a prolonged shortfall in TV, ticket and sponsorship revenue.Clubs which start insolvency proceedings this season won’t be hit with a mandatory nine-point deduction. The teams’ “liquidity situation” also won’t be considered when issuing licenses for next season.The Bundesliga hasn’t played a game since March 11. Clubs from the top two divisions have voted to extend the suspension to at least April 30.___The new ownership group of the Kansas City Royals, along with players, staff and the organization’s charitable arm are donating more than 500,000 meals to Harvesters, a local food bank helping those in need during the COVID-19 pandemic. The 36 clubs in Germany’s top two divisions have agreed to accept the recommendation of the league authority to extend the period without games to April 30 at least.The last game played was on March 11.League president Christian Seifert says “the most important thing without question is controlling the outbreak of the virus and especially protecting groups at risk.”Training for the 36 clubs is to remain stopped until April 5.UEFA is to meet with its 55 members on Wednesday with the fate of the remaining Champions League, Europa League and international games to be discussed. Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___Bellator has postponed its three cards set for May in the wake of the coronavirus pandemic. Associated Press Doleva said in a statement that it “remains diligent in monitoring the situation and making decisions in the best interest of public health.” He added that the health and safety of players, fans and staff is of the “utmost importance” and will communicate with the four schools with updates as needed.___Global soccer union FIFPro says soccer players in Belarus are worried about the continuing despite the coronavirus pandemic.FIFPro general secretary Jonas Baer-Hoffmann says “it’s not comprehendible” that the Belarus league is still playing after kicking off this month. It’s the only top-tier European league in action.Baer-Hoffmann says “there are players who are reaching out concerned.” ___Scotland rugby coach Gregor Townsend has agreed to a 25% salary deferral from April 1 to Sept. 1.The coaches of two professional sides, Richard Cockerill at Edinburgh and Dave Rennie at Glasgow, have made the same agreement, though Rennie begins his new job as Australia coach in July.Scottish Rugby also announced CEO Mark Dodson was taking a 30% deferral, and the board 25%.Last week, England coach Eddie Jones accepted a 25% pay cut. The MMA organization says it will try and reschedule Bellator 242 set for May 9 in San Jose, California, a May 16 card in London and Bellator 243 on May 29 in Temecula, California.Bellator says it will try to reschedule the events as soon as it can.___Soccer players in Germany could be tested for the coronavirus before games if the season resumes.The German Football League says it has set up a medical task force which is working on a “procedure for the strict and independent testing of players and other staff members, including immediately prior to matchdays.” The move follows the club selling 20-year-old forward Róbert Boženík to Feyenoord in January for a reported fee of about 4.5 million euros ($4.9 million).Zilina is second in the now-suspended Slovak league. The club played in the Champions League in 2010-11 but lost all six games in a group that included Chelsea and Marseille.___The Badminton World Federation has frozen the world rankings while the circuit is suspended.The rankings have been backdated to March 17. That was the day after the last international tournament, the All England Open. They will be the basis for entry and seeding into the next international tournaments, whenever they are. ___Organizers of the Swiss Indoors tennis tournament in Roger Federer’s hometown of Basel say ticket sales will start on schedule on Thursday.The tournament is due to run from Oct. 26 to Nov. 1. Organizers say tickets will be refunded “should the coronavirus crisis continue and the Swiss tennis highlight not take place.”The ATP Tour is currently suspended until at least June.Federer and his wife donated 1 million Swiss francs ($1.04 million) last week to help families in need in his home country during the pandemic. March 31, 2020 Kapas won gold in the 200-meter butterfly at the 2019 world championships in China and a bronze medal in the 800-meter freestyle at the 2016 Rio de Janeiro Olympics.___Global soccer union FIFPro says seven-time Slovakian champion Zilina is opting for bankruptcy after offering players a “take it or leave it” 80% pay cut.FIFPro says it believes Zilina is the first European club to go into liquidation since the coronavirus outbreak.The union says Zilina “refused to negotiate with the (Slovak) player union.” Federer is a 10-time champion at the Swiss Indoors and will turn 39 before this year’s tournament. He was twice a ball boy at the event and made his debut as a player in 1998 when he was 17. He lost in the first round to Andre Agassi.Federer posted footage on his social media accounts on Monday of him practising trick shots in his rehabilitation after surgery on his left knee in February.___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6last_img read more