World Bank to Help Liberia Source US$1B for Roads

first_imgRenews its own US$150M commitment The Liberian Delegation to the 2018 IMF-World Bank Annual Meetings held in Bali, Indonesia returns to to the county after scoring big successes at the meetings, a release from the Ministry of Information, Cultural Affairs and Tourism says.The delegation was headed by the Minister of Finance and Development Planning, Samuel Tweah, and comprised the Governor of the Central Bank of Liberia (CBL), the Minister of Public Works, Mabutu Nyepan, the President of the Liberia Bank for Development and Investment (LBDI), John Davis, and the Commissioner of the Liberia Maritime Authority, as well as respective deputies and technicians.The delegation fielded meetings with the IMF, the World Bank, the International Finance Corporation (IFC) the African Development Bank, Kuwait Fund, the Arab Bank for Development in Africa (BADEA), the OPEC Fund for International Development (OFID), the Africa Export Import Bank (Afreximbank) and Citi Bank.At the meetings, the World Bank Vice President for the Africa Region, Dr. Hafez Ghanem, reaffirmed the Bank’s commitment to supporting the government’s Pro-poor Agenda for Prosperity and Development (PAPD), particularly its priorities of road and human capital development. Dr. Ghanem reiterated the Bank’s earlier commitment to availing US$150 million of new and uncommitted financing for road development and to work with other development partners to scale up concessional financing for roads to the tune of US$500 million, while working with the private sector to crowd in an additional US$500 million.The delegation and the Bank agreed to jointly develop an implementation framework around three priorities, including scaling up financing for road investment, with the Bank promising to support the Government in its engagement with the China Export Import Bank; taking accelerated actions to transform Liberia’s human capital, with clear goals of significantly reducing under-five mortality, reducing child stunting and improving teacher and student outcomes. Based on deliberations, the Bank is fielding an early mission to discuss modalities around human capital development; and moving Liberia on an accelerated path toward a digital, cashless economy, while working to improve the business climate, which has worsened in the past four years.To support and deliver aims of local currency financing, the Vice President and Treasurer of the IFC, Mr. Jingdong Hua has agreed to visit Liberia in November to hold technical discussions with relevant stakeholders on fast-tracking the development of local currency financing modalities, which can both mobilize domestic savings for project financing, while relieving exchange rate pressure on the Liberian dollar.At a meeting with the African Director of the IMF, Abebe Aemro Selassie, Minister of Finance and Development Planning and the Governor of the Central Bank of Liberia assured the Fund that the Government remains committed to stabilizing the current macroeconomic situation facing the country and thanked the Fund for recent technical missions as well as for planned missions supporting reforms and programs in fiscal, monetary and public financial management.Development partners from the Arab World– Kuwait Fund, BADEA and OFID– variously reaffirmed their support for the Government’s road development agenda. The Arab partners promised new financing to the tune of US$100 million in concessional borrowing as well as additional financing for feasibility studies of major road corridors.The meeting with the African Development Bank underscored the Government’s funding priorities under the PAPD, with the Delegation requesting a critical role for the AfDB in scaling up resources for road and human development.In response, vice president and chief Economist of the AfDB, Dr. Celestin Monga, noted that the AfDB supports the aims and priorities of the PAPD, and will work with the Government to deliver these aspirations.The delegation also held fruitful discussions with the President of the Africa Export Import Bank (AFREXIMBANK), Dr. Benedict Oramoh, who reiterated AFREXIMBANK’s commitment to deliver new trade-enhancing and trade-related financing to Liberia in the range of US$100 -$200 million in addition to financing the AFREXIMBANK has already provided. While thanking AFREXIMBANK for its various support for Liberia’s development, the Minister of Finance and Development Planning assured Dr. Oramoh of Liberia’s support for its Central Bank Deposit Program (CENDEP), which aims to redirect overseas reserve holdings of African countries for placement with the AFREXIMBANK. The Delegation promised to have Liberia participate in the upcoming Inter-African Trade Fair (IATF) scheduled for December 2018 in Cairo, Egypt.The delegation met representatives from Citibank to explore possibilities of developing a credit rating framework for Liberia that would enable rating agencies to assign Liberia a specific rating.  The consensus from the meeting was that the country stands to benefit from any rating, whether good or bad, since that sends an important transparency signal to the market. A follow up mission from Citi is expected in country to discuss the technical details and to broadly explore how Citi can support Liberia’s development.At the final meeting of African Governors of the IMF and the World Bank, during which African finance ministers presented their joint recommendations to the Managing Director of the IMF and the President of the World Bank, Minister Tweah called on the IMF to pursue fiscal consolidation—the process by which countries reduce spending and limit or avoid the accumulation of new debt because of debt sustainability concerns—on a context-specific, case by case basis. The Minister enjoined upon the IMF the importance of tailoring its technical assistance more toward domestic resource mobilization while simultaneously working with countries to grow their respective private sectors. He noted that in countries, such as Liberia, where acquired debt has not translated into sustained private sector growth, fiscal consolidation should be viewed differently from contexts in countries where the debt stock is better supportive of private sector-led growth.In remarks at the meeting with the President of the World Bank, the Minister focused on the need for the Bank and other Development Partners and Governments of Member Countries to work toward a more effective and efficient business delivery model, since the challenges to large infrastructure projects financed by concessional loans from multilateral institutions have implications for debt sustainability.In response, Ms. Christine Lagarde, Managing Director of the IMF, agreed that the Fund needs to do more in reflecting the contexts and circumstances of different countries and noted that the Fund is reviewing its approach in this regard.  Dr. Jim Yong Kim, President of the World Bank, observed that there are no easy answers in the efficient delivery of projects, noting that good progress has been made in this area, but that more progress is even possible if Governments became more transparent in availing data, for example, teacher attendance records, that can better inform the delivery of projects and programs.The government is now working with respective partners to deliver the outcomes of the 2018 IMF-World Bank Annual Meetings.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

HALLOWEEN DISCO TO SORT THE GHOULS FROM THE GHOSTS AT ARENA7

first_imgArena7 will be all be more spook-tacular than usual this Halloween when a kids fancy dress disco comes to town.Today from 4pm to 6pm the complex will be hosting the charity who are organising a kids disco to raise some much needed funds.The charity A.C.T. do fantastic work for the terminally ill youth of the county and are always working hard to help people in need. The charity hope for the kids to come out in their costumes and have a fantastic time with spot prizes for the best dressed and scariest outfit. Entry for kids is €3 and adults €1 and everyone is welcome and your support will be extremely appreciated. HALLOWEEN DISCO TO SORT THE GHOULS FROM THE GHOSTS AT ARENA7 was last modified: October 31st, 2012 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Arena7Halloween discolast_img read more

Corn bearish, soybeans neutral

first_imgShare Facebook Twitter Google + LinkedIn Pinterest U.S. corn acres were estimated at a shocking 93.6 million acres, up from the average estimate at 90 million acres. Corn was down 5 cents before the report came out. Within minutes it was 12-14 cents lower. Soybean acres were estimated at 82.2 million acres, down slightly from the 83.06 million acres trade estimate. Wheat acres were pegged at 49.5 million acres, down from trade estimates by nearly two million acres.It is going to take some time to get your head around a corn acres number that was over 3.5 million acres above trade estimates. The number does show the U.S. farmer’s love affair for corn does continue.U.S. corn stocks were estimated at 7.808 billion bushels, a new record for the March time frame. That estimate was just 7 million bushels below trade estimates. Soybean stocks were estimated at 1.531 billion bushels, 30 million bushels below trade estimates. U.S. wheat stocks were estimated at 1.372 billion bushels, 16 million bushels above the average trade estimate.Today’s report day is often called the biggest USDA report day of the year. It has plenty to offer with many numbers to consider. First of all, it is not a normal supply and demand report. No production or ending stocks numbers will be published. Instead, it consists of acres estimates along with quarterly grain stocks. USDA will provide their acres estimate of corn, soybean, wheat, cotton, and other grains in the U.S. With corn, soybeans, and wheat, the primary crops grown in the U.S. those three as a total will be the most watched number today. Here are the final numbers for those crops in 2015: corn 88.0 million acres, soybeans 82.7 million acres, and 54.6 million acres for wheat. The total acres for those three last year were 225.3 million acres.One can expect today to bring some violent and volatile price swings in the grains. Here’s why. The funds often use algorithms to read the headlines. Those algorithms read the numbers in the headlines. The headlines come out rapid fire. On a Reuters news feed you could easily see 10-20 headlines come out in 30 seconds or less. Computers then place orders to buy or sell depending upon the headline. With today’s reports containing both acres and grain stocks, the numbers could easily be exact opposites for the same grain. Example, the corn acres could be bullish, but yet the corn stocks number could be bearish. Or soybean acres could be bearish with the stocks number bullish. That is why you can see big ranges for corn and soybeans within a short period of time. Potentially you could see a 20-cent range in soybeans or a 10-cent range in corn in 30 minutes or less following the noon release of the USDA reports.Average trade estimates for 2016 acres are corn, 89.97 million acres; soybeans 83.06 million acres, and wheat, 51.47 million acres. It is no surprise that wheat acres for 2016 will be reduced from 2015. Fewer and fewer producers are following a typical rotation of corn, soybeans, and wheat. Wheat is being eliminated as the years pass due to quality concerns and the big monetary unknown it poses.U.S. quarterly grain stocks will also be released today. USDA measures both on-farm and off-farms grain stocks as of March 1, 2016. Here are the trader estimates for US grains: Corn at 7.801 billion bushels; soybean stocks 1.561 billion bushels; wheat stocks 1.356 billion bushels. Last year in March corn stocks of 7.75 billion bushels was a record.If corn or soybean stocks are sharply higher or lower than trader estimates, then you can begin to postulate that the yield estimates are off or demand projections of grain used are not correct. Soybean demand is pretty easy to figure. Soybeans are either exported or crushed. USDA provides weekly reports detailing soybeans exported. In addition a trade group that comprises 90% plus of U.S. crushing facilities provides a monthly crush report. Total corn is more difficult to determine with a large amount being used for livestock. Corn also has the weekly export report along with a weekly EIA energy report that details the amount of ethanol produced in the U.S. each week. Using normal industry standards that convert a bushel of corn into gallons of ethanol can provide a pretty accurate report of the number of bushels of corn used each week in the production of ethanol.Weather is already starting to again become a dominant feature in the grain markets. After all, it is spring. Spring is for planting. The current El Nino has long been known as the strongest of any in the past twenty years. However, it is quickly coming to an end, ending quicker than had been earlier projected. The next few months we will enter a neutral phase with La Nina coming into play later in the year. This neutral phase is already giving us dry weather concerns in the western and northern parts of the Midwest. Those dry weather concerns have played a role in the grain rally seen the past few weeks.Recent rains in the U.S. Delta have been slowing the typical corn planting pace. Already some have suggested we could see 1 to 1.5 million acres of corn in that area get switched to soybeans.What a big day down for corn so far at 12:45 pm. Soybeans have seen a huge range today of about 18 cents. You do have to think that corn is doing well not to be down even more that is as the 1 p.m. hour gets close and it is down 14-15 cents.Hang on, it is going to be another volatile year.last_img read more

Older, Bolder

first_imgTheir understated rivalry is the stuff of legend, but Sachin’s late-career acceleration has taken him ahead of Brian Lara.Two greats of the game, Sachin Tendulkar and Brian Lara; their names will forever be linked because of their career-long battle to establish a reputation for being the best batsman of their,Their understated rivalry is the stuff of legend, but Sachin’s late-career acceleration has taken him ahead of Brian Lara.Two greats of the game, Sachin Tendulkar and Brian Lara; their names will forever be linked because of their career-long battle to establish a reputation for being the best batsman of their generation. Two elegant willow-wielders with a prodigious talent for scoring runs and playing entertaining cricket. Not so widely recognised but an equally worthy achievement is the fact that both conquered one of the more difficult aspects of their craft.In Lara’s case he regained the world record 10 years after originally setting the high-water mark for batting excellence, something that was thought to be akin to breaking the four-minute mile.In Tendulkar’s case he’s never held the world Test record but he’s achieved something that’s extremely difficult; he’s gained a second wind in a career that is now sprinting toward the finish line when it appeared to be approaching the tape at a measured gait.These are rare achievements because as a batsman ages it’s generally accepted it becomes more difficult to score quickly for long periods. As the aging process takes hold a player is physically less capable and mentally tends to become more conservative. Thus maintaining an exceptional run rate for long periods on all but the odd occasion is beyond the capacity of even a champion as he ages.Tendulkar is yet to make a triple century in atest like (From left to right) Sir Donald Bradman, Sir Len Hutton and Sir Garfield Sobersand Brian Lara did in their early 20s but he has gained a second wind which may well put him in a league of his own.To grasp how exceptional Lara’s feat was, look at the players who held the world Test record prior to him. In the cases of Sir Donald Bradman (21), Sir Len Hutton (22) and Sir Garfield Sobers (21) they all claimed the record while in their early 20s, as indeed Lara did at 24 the first time.However, Lara was able to reach the pinnacle a second time at age 34, something none of his illustrious predecessors came close to achieving. Only Bradman ever attained triple figures again and he did it the second time while still reasonably young at age 25. To put Tendulkar’s feat into context, consider that at age 21 Bradman maintained a scoring rate of 3.70 runs per over in the 1930 series in England but by the 1948 tour this had regressed to 2.77.advertisement”In a country where the star performer is worshipped, Tendulkar’s playing feats are all that’s required for him to attain deity status.”Chappell, who captained Australia between 1971 and 1975, is a renowned television commentator and columnist Tendulkar with Warne after India pulled off a victory against Australia at Sharjah in 1998.Despite the appearance that Tendulkar had become more conservative as he aged, his run rate is almost identical for the first and second half of his career, with an overall mark of 3.27 per over. However, since he passed Lara’s world record aggregate, the fast-car loving master batsman has slipped into overdrive and scored his runs at 3.43 runs per over. Even if you ignore the runs scored against lowly Bangladesh, he’s still substantially ahead of his overall career run rate in this “second wind” phase.And the same pattern is evident when he bats in ODIs. If you use his startlingly dominant 175 against Australia as a turning point, he’s more than 1.5 runs per over above his career figure in his next eight innings. Now that’s a small sample size but as the most capped Test player of all time it’s no mean feat to display Ferrari like acceleration for one match, never mind eight.Also included in his sudden jet propulsion phase is his record breaking 200 against South Africa. To reach the double-century mark in 50 overs you have to not only hit boundaries regularly but also run many sprints. Tendulkar’s record-breaking innings was an exceptional physical feat at age 36, as well as a wonderful display of skill.This is what is so admirable about the latter day performances of these two Master batsmen; they maintained not only their skill level but also the mental desire to be dominant. What has brought about Sachin Tendulkar’s resurgence?The fast-pace of the IPL may have contributed. Tendulkar was the leading run scorer in the 2010 tournament at the highly acceptable rate of eight runs per over. What’s even more impressive, Tendulkar did it in relative safety by scoring more than 50 per cent of his runs in fours.advertisementTendulkar’s run rate is almost identical for the first and second half of his career, with an overall 3.27 per over. Since he passed Lara’s world record aggregate, the master batsman has scored his runs at 3.43 runs per over. Australian pacemen Mervhughes and Craig Mc Dermott couldn’t stop the child prodigy from taking the sting out of their attack.In contrast, the youthful and gung-ho Suresh Raina relied less on reaching the boundary and more on clearing it. Boundary hitting is the safer method of scoring quickly because it greatly reduces the risk of being caught when a shot is mistimed. Nevertheless, it requires masterful placement to keep on eluding a battalion of defensive fielders.However, the T20 surge is only partly responsible for Tendulkar’s renaissance. For a while it appeared as though Tendulkar had become consumed with records.The Test aggregate and posting century marks thatwere unattainable in two forms of the game seemed to occupy a prominent place in his mind. It not only adversely affected his style of batting but also his ability to reach the magical three-figure mark. Tendulkar went through an agonising period in 2007 where his conversion rate of 50s to 100s, normally exceptionally high, became that of an average Test match batsman.It was excruciating to watch this once dominant player who had challenged top-class bowlers like Wasim Akram and Glenn Mc-Grath, Shane Warne and Muttiah Muralitharan, prodding and poking his way towards a coveted century only to fall short in the manner of a nervous Test debutant.He appears more relaxed about his place in history now and his magnificent 175 against Australia was something of a coming out celebration. It’s appropriate that a significant knock against Australia should be a milestone in Tendulkar’s resurgence. Some of the little maestro’s most memorable batting performances have come against Australia; a tribute to a competitive spirit that drives him to excel against the best opposition.Outstanding examples of his dominant performances against Australia include his gladiatorial battle with Warne at Chennai in 1998. With the match in the balance and having been out-foxed by the blonde bamboozler in the first innings, he attacked Warne the moment he came round the wicket. A flurry of boundaries followed, which handed India the initiative and eventually a win in the Test. The same year in Sharjah he spanked the Australians for a better than a run-a-ball century to catapult his team into the final. He then proceeded to repeat the “Aussie bashing” to take India to a glorious win in the final and earn for himself a luxury car in the process.His tormenting of Australia started at a young age. On his first tour Down Under he scored a majestic century at the SCG as a 19-year-old. However, the lasting memory of that tour was Tendulkar scoring a 100 on the bouncy WACA pitch.A four-pronged pace attack that included the highly acclaimed Craig McDermott and Merv Hughes, both bowlers who were, if not twice his size, at least double the weight of the child prodigy, couldn’t stop Tendulkar from punching balls off the back foot to the boundary. Batsmen with a great reputation for playing pace like Viv Richards, struggled first up at the WACA.Andtwo renowned openers in Gordon Greenidge and Graham Gooch never really came to grips with the extra bounce of the Perth pitch.Not Tendulkar; he looked like he’d grown up batting on the rock-hard WACA pitch rather than on the dusty red clay of a Mumbai maidan. For all his incredible achievements with the willow, he may well regard this WACA epic as one of his more satisfying innings when he finally lays down his cudgels and drives off into the sunset.If there’s a criticism of Tendulkar’s career, it’s his lack of influence on the game off the field. He has steadfastly refused to become involved with contentious issues affecting the game. In his defence,when you have to wear a disguise and get your driving kicks at2a.m. to avoid detection, it would be self-defeating to make headline grabbing statements.Nevertheless, it’s a black mark against the big name players, Tendulkar, Sourav Ganguly, Rahul Dravid, Anil Kumble, VVS Laxman and Virender Sehwag, that India doesn’t have a players association. At a time when they were a highly influential group it would have been appropriate for this elite bunch to take a stand and ensure India had astrong players association. If they had done so and it then became affiliated with FICA it would’ve made the international body so much stronger. Thus armed, FICA would’ve had much more chance of driving a harder bargain with the administrators over such issues as balanced scheduling. As it is, a great opportunity was lost and it’s doubtful the chance will come again soon.Still, in a country where the star performer is worshipped, Tendulkar’s playing feats are all that’s required for him to attain deity status. And his remarkable “second wind” resurgence is also providing a convincing argument for him to be ranked ahead of his great rival Lara.advertisementIn sharjah he spanked the Australians for a better than a run-a-ball century to catapult his team into the final. He then repeated the “Aussie bashing”  to take india to a glorious win in the final.last_img read more

10 months agoBarcelona coach Valverde delighted with Levante rout: Very different to last year

first_imgAbout the authorCarlos VolcanoShare the loveHave your say Barcelona coach Valverde delighted with Levante rout: Very different to last yearby Carlos Volcano10 months agoSend to a friendShare the loveBarcelona coach Ernesto Valverde was delighted with their 5-0 win at Levante.Lionel Messi shone for the Catalans as the Argentine bagged three goals and provided two assists.”We are happy because last year we played here and conceded five after a whole season without losing,” Valverde said.”That was only a few months ago, they are having a great season and they keep showing that.”We remembered last year and we managed to put it behind us and leave with a clean sheet.”Levante started well on Sunday but ultimately fell short and Valverde says he expected the game to begin as it did.”They started as we imagined,” he said.”We had to change the setup based on the casualties we had so it was difficult for us and they squeezed us.”They’re able to score and dangerous when they counterattack but we had the fortune of opening the score.” last_img read more

a month agoMan Utd boss Solskjaer on away form: Do I look concerned?

first_imgAbout the authorPaul VegasShare the loveHave your say Man Utd boss Solskjaer on away form: Do I look concerned?by Paul Vegasa month agoSend to a friendShare the loveManchester United boss Ole Gunnar Solskjaer insists he isn’t worried by their poor away form ahead of the trip to West Ham. They have not won away from Old Trafford in eight games since the sensational 3-1 victory at Paris Saint-Germain in early March, losing five of them.”Why should we coaches be concerned?” he said. “We’re looking forward to things, looking for solutions. I’ve never been concerned about anything really. I don’t walk around and worry about things. I’m looking what we can do to improve. I’ve never been a worrier.”I think we should have won at Southampton, I think we should have won the Wolverhampton one. Both should be wins.”It’s still the same size pitch, green with white lines, some fans. You’ve got to block out the mental part and play as you would in the park.”Last year we were lucky to beat them (West Ham). It will be a good test again for us. We’ve had two clean sheets now, and that will give the defenders confidence. If we can keep a clean sheet, it will be easier for the strikers. You don’t have to score twos, threes and fours every time.” last_img read more

19 days agoArsenal move to buy back PSV striker Donyell Malen

first_imgArsenal move to buy back PSV striker Donyell Malenby Paul Vegas19 days agoSend to a friendShare the loveArsenal are moving to buy back PSV Eindhoven striker Donyell Malen.Malen has been able to launch his senior career with PSV after a difficult spell inside Arsenal’s academy.The Holland international is on the radar of AC Milan, but Tuttosport says the Gunners are ready to make a bumper offer.The Londoners aim to wait until the summer before offering €56m for the striker.Malen, 20, has this season hit eight goals in eight league games. TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img

Ohio State mens basketball hoping to extend win streak against Penn State

The road hasn’t been too kind to the Ohio State men’s basketball team this season. Of the Buckeyes’ four losses on the year, three (Duke, Illinois, Michigan State) have come outside of the friendly confines of the Schottenstein Center. OSU (14-4, 4-2 Big Ten) is set to play an away game Saturday, but they shouldn’t have too much trouble notching a win. The team the Buckeyes are traveling roughly five hours to play is the conference’s worst club: Penn State. The Nittany Lions (8-11, 0-7) are the Big Ten’s only winless team in conference play. Their leading scorer, senior point guard Tim Fraizer, is out for the year with an injury after playing in just four games. PSU has struggled heavily to score the ball, as the Nittany Lions rank near the bottom of the country in nearly all offensive team statistics. Still searching for a team identity, as senior forward Evan Ravenel said, the Buckeyes are looking to start a win streak after defeating Iowa Tuesday night in Columbus, 72-63. If history is any proof, OSU shouldn’t have too much trouble doing that Saturday. The Buckeyes have won 17 straight games against PSU and have been victorious in the last six meetings that took place in State College, Pa. “I don’t know what it is. I do like the way we’ve come out of there in the times we’ve gone, though,” OSU coach Thad Matta said, speaking about his team’s previous treks to play the Nittany Lions on the road. Matta said has been sure to point out to his team that PSU has shown the capability in the past to knock off a ranked opponent, though. “He doesn’t want it to be us,” Ravenel said. The Buckeyes played like they were ready to go in practice this week, according to Matta. “If you don’t come to practice ready to play, you’re going to look really bad. I think guys have caught on to that,” Matta said. OSU’s leading scorer, Deshaun Thomas, will be coming off an injury Saturday. The junior forward gashed the area above his right eye in the contest against the Hawkeyes Tuesday and received six stitches. Thomas has been playing in the Big Ten for two-plus years, but the battle scar was the first he’s gotten. “In high school people barely touched me. Now, the Big Ten is physical,” Thomas said. OSU and PSU are set to tip-off at noon Saturday. read more

Liverpool accept Rosenborg bid for Chirivella

first_imgLiverpool have accepted a bid worth up to £3.5 million ($4.5m) from Rosenborg for their young midfielder Pedro Chirivella according to Goal.comChirivella, 21, looks set to leave Anfield after failing to nail a place in the first team, with the Norwegian outfit offering him an alternativeThe Spaniard has played regularly during the Reds’ pre-season campaign and featured in the 4-1 win over Manchester United in Michigan on Saturday.But having returned to Merseyside with the rest of Jurgen Klopp’s squad, the 21-year-old is now set to travel to Norway to conclude his transfer.Roberto Firmino, LiverpoolVirgil van Dijk praises Roberto Firmino after Liverpool’s win Andrew Smyth – September 14, 2019 Virgil van Dijk hailed team-mate Roberto Firmino after coming off the bench to inspire Liverpool to a 3-1 comeback win against Newcastle United.The deal is expected to be completed before Rosenborg take on Celtic in their Champions League qualifier on Wednesday.Liverpool will receive £2.4m ($3.1m) up front with the rest in performance-related bonuses. The Reds have insisted on a buy-back option, which will apply for the first three years of Chirivella’s new contract.Signed from Valencia in 2013, Chirivella went to make five senior appearances at Anfield, including his Premier League debut under Klopp against Swansea City in May 2016.He spent the last two seasons on loan in the Netherlands, first with Go Ahead Eagles and then last season at Willem II.last_img read more

Gareth Bales decision key to Pochettinos future

first_imgReal Madrid forward Gareth Bale could help determine the future of Tottenham Hotspur manager Mauricio Pochettino.The European champions have been tracking Pochettino for the best part of two years and are prepared to match United’s offer for the former Southampton boss. United are believed to be in the race for Pochettino after sacking Jose Mourinho last week. That means that Los Blancos must dig deep in the summer to stand any chance of winning the battle for the former Espanyol boss.Spurs are reportedly looking at least £45m in compensation and Pochettino is expected to get a massive pay rise at Old Trafford. Spurs have first option to buy back Bale on the cheap which could help the Spanish giants secure the services of Pochettino.Certainly, the idea of the Wales international returning to the club he left nearly half-a-decade ago would be a tempting one for Spurs chairman Daniel Levy.Re-signing the former PFA player of the year, even at a reduced price would be a statement of intent for the North London club for the upcoming season.Kieran trippier, Mauricio Pochettino, Tottenham HotspursTrippier and Pochettino try to clear up a war of words George Patchias – September 13, 2019 The apparent war of words between Kieran Trippier and Mauricio Pochettino is thought to be nothing more than a misunderstanding.Trippier was sold by Tottenham…At least, that’s the believe for former Tottenham Hotspur defender Terry Fenwick.He said, according to Daily Star:“The squad is fantastic already but I’m hoping Daniel and Mauricio get their heads together and bring in one or two world-class players.“If they don’t spend I think he will leave.”last_img read more