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Showing posts with the label business

Transfer business Arsenal need to do after Jurrien Timber and Declan Rice signings

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At the end of what Arsene Wenger described as an 'average game' against Fulham in 2011, the Arsenal manager left the pitch at Craven Cottage to chants of 'spend some f***ing money'. On the back of a season tinged with the disappointment of a League Cup final defeat, Wenger felt the need to readjust fans' expectations ahead of the summer window. "We can't buy players for £50m," he declared. "That is a fact." The financial landscape at Arsenal has emphatically changed in the subsequent 12 years. Mikel Arteta - who was signed by Wenger in 2011 for considerably less than £50m - has already splurged more than £200m on three players this summer. Jurrien Timber (£40m) and Declan Rice (£105m), along with Kai Havertz (£65m), have been added to a squad which led the Premier League for 248 days last season only to finish behind Manchester City in May. Despite the eye-watering outlay, Arsenal's summer business is not yet completed. Here's everyt...

FBI arrests Texas businessman linked to impeachment of state Attorney General Ken Paxton

FBI agents have arrested a Texas businessman at the center of the scandal that led to the historic impeachment of state Attorney General Ken Paxton AUSTIN, Texas -- The FBI on Thursday arrested a businessman at the center of the scandal that led to Texas Attorney General Ken Paxton's historic impeachment, a move that came amid new questions about the men’s dealings raised by financial records the Republican's lawyers made public to try to clear him of bribery allegations. Nate Paul, 36, was taken into custody by federal agents and booked into an Austin jail in the afternoon, according to Travis County Sheriff’s Office records. It was not immediately clear what charges led to his arrest, but the records showed he was being held on a federal detainer for a felony. Paul's arrest followed a yearslong federal investigation into the Austin real estate developer — a probe that Paxton involved his office in, setting off a chain of events that ultimately led to his impeachment las...