By Nick Harris 5 August 2010 Portsmouth have won their case against the tax man in a High Court ruling today, securing their immediate future, subject to appeal. The case focussed on the terms of the CVA proposal Pompey agreed with creditors to allow them to emerge from administration. Portsmouth’s barrister, Richard Sheldon, QC, had […]

By Nick Harris 5 August 2010 Kenny Huang has prepared a draft statement denying that his bid for Liverpool is backed by the China Investment Corporation, sportingintelligence can now confirm. We reported on the likelihood of this earlier today. The statement has not been formally released, and Huang’s PR agents at Hill & Knowlton in […]

By Nick Harris 5 August 2010 A spokeswoman for Kenny Huang, whose interest in Liverpool has graduated from the back pages to the front pages of British newspapers this morning amid claims that he is backed by the China Investment Corporation, has told sportingintelligence this morning that confirmation of any further developments must come from […]

By Nick Harris 4 August 2010 Kenny Huang, the Chinese businessman linked with a takeover bid for Liverpool in recent days, has told the club’s hierarchy that he has the financial backing of the China Investment Corporation, China’s largest sovereign wealth fund with assets of $332bn, sportingintelligence has learned. If this backing is proven to […]

By Nick Harris 4 August 2010 The Premier League has today confirmed a record “handout” funding package for the Football League worth £124m per season for the next three seasons, and has confirmed “parachute” payments for relegated clubs will increase from £16m per year for two years to £48m spread over four years. The sharing of […]

By Keira Daley 4 August 2010 The Manchester United Supporters Trust (MUST), the driving force behind the Green & Gold campaign that hopes to bring about a fan-led takeover of the club, has launched a new billboard poster campaign ahead of United’s Community Shield game on Sunday against Chelsea at Wembley. MUST want the Glazer family to sell up […]

By Nick Harris 4 August 2010 Kenny Huang, the Chinese businessman reportedly backed by a Far East sovereign wealth fund in his putative bid for Liverpool, has confirmed he has tabled NO formal offer for the club, yet. The 46-year-old has released a statement to The Sport Briefing – a subsidiary of Britain’s Press Association […]

By Nick Harris 3 August 2010 The Premier League has confirmed this evening the introduction of new ownership and financial regulations for the 2010-11 season in an attempt to avoid a repeat of the type of farcical situation that unfolded at Portsmouth last season. Pompey, who were in the High Court today in relation to […]

ALEXANDRA WILLIS is the Deputy Editor of ACE Tennis Magazine, and alongside mag work and an affair with social media, has the dubious honour of following British players to Grand Slam qualifying from time to time as part of her professional duties. If you happen to bump into her court-side, she’ll probably tell you that she went […]

By Keira Daley 3 August 2010 Liverpool’s Spanish striker Fernando Torres has made what appears to be an unconditional pledge to remain at the club for the coming season, regardless of the ownership situation. Speaking to the club’s official website today, he said: “I am looking forward to the challenge ahead. My commitment and loyalty to […]