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Reds on right financial path – Ayre

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first_img Press Association But with turnover increasing by nine per cent to £206.1m and external debt down by 29 per cent to £45.1m – courtesy of an interest-free, inter-company loan from owners Fenway Sports Group – Ayre is upbeat about their future performance. This year’s finances will be boosted by a huge new television deal while the club, second in the Barclays Premier League table and six points clear of fifth-placed Tottenham, are on course to qualify for the Champions League – participation in which brings in an estimated £20m minimum. “These results demonstrate that the financial health of the club continues to make good progress as we continue our journey to transform the club on and off the pitch,” Ayre told the Liverpool Echo. “Over the past four or five years revenue has been consistently increasing from around £170m in 2009 to over £200m today – and external debt has decreased significantly to less than £50m. “With a hugely supportive ownership group, we have taken a measured approach to bring back financial stability to this great club by ensuring it is properly structured on and off the pitch.” The club have signed a number of significant sponsorship deals in the current season, which will only continue to bolster commercial revenues which rose to £97.7million in the year to May 2013, up from £63.9million. “These financial results are now up to 18 months old and we have continued to make further progress since this reporting period,” Ayre added. “Our strong links remain with our existing partners, signing new deals with Standard Chartered, Garuda Indonesia and Carlsberg, and we have recently announced five new partnerships which endorses the global appeal of the LFC brand.” Figures released for trading up to the end of May 2013 show the Reds made a loss after tax of £49.8m. The previous year the deficit was £40.5m, but that was for a 10-month period as the club re-aligned their accounting period with the football season. Ayre also praised the leadership of FSG, led by principal owner John Henry, which has seen external debt reduced by nearly £200million since they bought the club in October 2010. “With a hugely supportive ownership group we have taken a measured approach to bring back financial stability to this great club by ensuring it is properly structured on and off the pitch,” said Ayre. “During the period (of the most recent accounts), we signed six new players including Daniel Sturridge, Philippe Coutinho and Joe Allen, and we extended seven players’ contracts which included Daniel Agger, Martin Skrtel, Martin Kelly, Lucas Leiva and Raheem Sterling – adding depth and strength to the squad while continuing to develop young talent. “In addition, nine players were transferred out and eight players were loaned out. “We have also seen good progress being made regarding a proposed stadium expansion at Anfield. “Given where Liverpool Football Club was only a few years ago, the progress that has been made since FSG acquired the club has brought back much-needed stability with an ambitious vision which everyone is focused on.” Liverpool made a near-£50million loss in their last financial year but managing director Ian Ayre insists the club are heading in the right direction with reduced debts and record turnover.last_img read more

5 late points from Weers complete SU comeback

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first_img Comments With under four minutes to go, Weers rocketed a pass into traffic, and sophomore Chiara Gutsche got her stick onto it, deflecting the ball into the goal. Pacific’s lead evaporated in less than 10 minutes.Syracuse almost won the game in regulation, again off a corner. The Orange created two consecutive penalty corners, and Weers’ attempt on the second fizzed inches wide of the cage.The game went into overtime, where SU had all the momentum. It needed just one corner, one clear look at the goal to complete the comeback. Weers didn’t need any stopper on that goal. She took the pass straight from Hoffman and scored. Weers’ pumped her fist high into the dark night sky, and her teammates mobbed her on the field.“I’m proud of the way we fought,” Weers said. “We need to honor Coyne, for everyone who’s played there before us.When SU needed it most, Weers scored five points to lead the comeback in 17 minutes. Published on September 21, 2018 at 9:32 pm Contact Anthony: [email protected] Facebook Twitter Google+ Syracuse was 13 minutes away from losing its fourth game in five attempts.On the heels of a poor first-half performance, SU head coach Ange Bradley was running short of options to ignite the Orange attack. Fortunately for Bradley and SU, its senior captain stepped up to deliver the victory.SU trailed by two goals until Roos Weers scored twice and assisted on another goal to lead a comeback win. Weers rescued Syracuse (5-3, 0-2 Atlantic Coast), delivering a 3-2 overtime victory against Pacific (6-4) on Friday night at J.S. Coyne Stadium.As the second half progressed, Bradley pushed SJ Quigley, Carolin Hoffmann and Roos Weers further up the field to spark a comeback. Syracuse’s intensity raised as it pressed the Pacific backs. Associate head coach Allan Law turned to the bench, yelling, wondering why Syracuse kept giving the ball away just outside the penalty circle. For the opening 57 minutes, the Orange had numerous attacks breakdown in the final third.“I’m proud of them for representing our team and what we’re capable of doing in a better light,” Bradley said.AdvertisementThis is placeholder textIn the opening half, Pacific took the chances that Syracuse left on the field. The Tigers turned two corners into two goals, both in similar fashion. Five minutes in, Kriekie van Wyk converted the first of her two penalty corner goals by weaving around two SU defenders in the box and slotting the ball past Borg van der Velde.Van Wyk added another goal for the Tigers, who scored both of their attempts on goal in the first half. Meanwhile, SU wasted many of its opportunities. Most of its six prior set plays failed because of miscommunications, bad passes, and poor stopping.“There were a lot of skills errors. It’s such a precision play that if one thing is off, the next thing has to move, the next thing has to move,” Bradley said. “When we did get our inserts on, our stick stops were off.”Two shots and two goals prompted Bradley to make a switch in the cage. van der Velde exited, two games removed from a career-high 11 saves. In came Emma Likly, also a sophomore, to replace her. Likly made two important plays to keep her team competitive in the middle of the second half.She stepped out of her goal and denied van Wyk a hat trick opportunity as she kicked the ball away. She then made an important pad save later on. For the most part, however, the second half was spent in the Tigers’ half.“The way we came out in the second half is the way we should come out in every game, and the way we came out in the first half is unacceptable,” Weers said. “We don’t have enough talent to win if we’re not at our best.”After wasting most of the first six corners, the seventh corner ignited a comeback. Hoffmann inserted the ball, Tess Queen settled it perfectly for Weers.  Weers took three steps to her left and fired into the corner of the goal.Syracuse had life. The Orange sent waves and waves of attack after the Pacific defense, finally converting with three minutes left to equalize a game that looked as extinguished as the lights at Coyne Stadium 15 minutes prior.When the lights went out at Coyne with 30 minutes left, Weers spoke inside the huddle during the two-minute delay. She yelled, “go get the ball, and when you get it, keep the ball!”Syracuse had given the ball away in the midfield and final third dozens of times. In the final 10 minutes, the Orange sustained the pressure on Pacific because it retained better possession. SU finished with 64 percent of the possession overall, Bradley said.last_img read more

NBA trade rumors: Thunder hope to move Chris Paul quickly; Heat remain favorite

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first_img Trading Chris Paul for Russell Westbrook makes Rockets ‘a better team’ Wojnarowski added that the Thunder and Heat started the process late Thursday night as soon as the trade between the Rockets and Thunder was agreed to. The report adds that there are other teams that Oklahoma City will consider, though Paul’s market is considered to be small. The one hurdle that Oklahoma City could face in moving Paul is the fact that the interested team would have to take on Paul’s massive contract as the 34-year-old has three years and $124 million remaining on his deal. ESPN initially reported Thursday that the Rockets had attempted to involve a third team in their trade with the Thunder in hopes of finding Paul a more suitable home.  Related News NBA trade rumors: James Harden, Chris Paul tension didn’t factor into Russell Westbrook deal Chris Paul may not stay with the Thunder for long. After the Rockets sent the guard to Oklahoma City — along with two protected first-rounders in 2024 and 2026 — in exchange for Russell Westbrook, ESPN’s Adrian Wojnarowski reported Friday on “Get Up” that the Thunder are working with the Heat on a deal. Wojnarowski adds that Oklahoma City is trying to move Paul “as soon as they can” with the hope Paul won’t “play a game in a Thunder uniform.”  Russell Westbrook trade rumors: Thunder send star to Rockets for package including Chris Paul Paul, entering his 15th season in the league, wants to be part of a team that will be playoff contenders, rather than a franchise (like the Thunder) that is rebuilding with young talent after moving Paul George to the Clippers and Jerami Grant to the Nuggets, ESPN notes. Paul struggled with injuries and had a down season during 2018-19, averaging 15.6 points with 8.2 assists and 4.6 rebounds through 58 starts for Houston.last_img read more