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Ng pulls out at Rangers

The Singapore-based consortium led by Bill Ng had emerged as the likely preferred bidder for Rangers. But now Ng has withdrawn his bid.   He is not satisfied that the Rangers shares can be delivered in a form and time frame that would permit him to pursue his preferred option of taking Rangers out of administration through a company voluntary arrangement.

Manchester United top rich list again

Manchester United have topped the football rich list for the eighth year in a row.  According to Forbes magazine, they are worth £1.4bn.   Real Madrid, ranked second, are valued at £1.17bn while Barcelona are third with an estimated value of £1.07bn.

Sky tightens its grip on Bundesliga

Sky Deutschland has tightened its grip on live coverage of Bundesliga football, although it will now pay almost twice as much as it did before.

The pay-TV channel has won the rights to show matches on the web, as well as extending those for cable and satellite broadcasts, for four seasons from August 2013.   The decision was a setback for Deutsche Telekom, which had blaunched a much-hyped bid for satellite and cable rights as a complement to the mobile web and IPTV rights it wanted to extend.

Blue Knights step back at Rangers

The Blue Knights consortium have looked likely to be named as the preferred bidders for Rangers.   But they have now 'stepped back' from the bidding process and it looks likely that preferred bidder status will go Bill Ng's Singapore-based consortium.

Ticketus were part of the Blue Knights consortium but had been unwilling to contribute to the required £500,000 'exclusivity fee'.   It then emerged that they had been in discussions with the Bill Ng consortium who had made them a substantially better offer.

United float plans revived

The Glazers are reported to have revived their plans to partially float Manchester United in Asia due to improving market conditions.

Their initial plans were shelved last year, partly because of the impact of the eurozone crisis, but it is thought that their advisers now believe there is a window of opportunity to list the club on the Singapore stock exchange before the start of the new season in August.

By selling between 25 and 30 per cent of the shares, the Glazers hope to raise between £400m and £600m, a move that could value United at up to £1.6 billion.

Why Liverpool needs a new stadium

We have been arguing for some time that Liverpool needs a new stadium to retain its top flight status, so it's interesting to see the case made from a Liverpool perspective with lots of data and evidence to back it up.

New SPL rules delay Rangers bid decision

The administrators of Rangers, Duff and Phelps, have had to delay naming a preferred bidder for Rangers after the Scottish Premier League announced proposal new rule changes which will be discussed on April 30th.

Under the proposals harsh additional penalties would be applied to any 'newco' such as might be formed if Rangers was liquidated.   A club in this position would have ten points deducted for the following two seasons and would also have its payments from the SPL slashed by 75 per cent.

What's in a name?

The winner of a raffle competition to re-name Bath City's Twerton Park ground will be announced at half time in their Easter Bank Holiday match.   167 entries for the competition at £50 a go raised £8,350 for the club who have already been relegated to the Blue Square South.

No fewer of the 22 entries came from Norway with the most unusual one being 'Hot Dog in a Waffle Park'. However, 16 entrants were happy to stay with the current name.

Ng's plans for Rangers

Hougang United chairman Bill Ng has emerged as one of the key figures behind the Singapore bid to take over Rangers.   He is a director at private equity firm Financial Frontiers and has been a Rangers fan for more than a decade.    He took over Hougang United two years ago.

Crewe model faces challenges

Crewe Alexandria have relied heavily on a successful model of selling on Academy graduates they have developed to other clubs, but changes in the youth development system now threaten that way of keeping the club going.