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27 September
2006
Lerner
Completes Villa Takeover
American billionaire Randy
Lerner has finally completed his takeover of Aston
Villa after buying
90% of the clubs shares.
25 September 2006
Dario Silva Loses Leg in Car Accident
Former Uruguay striker Dario Silva, who spent last season on loan at
Portsmouth,
has had part of his right leg amputated after suffering
injuries in a car crash in
Montevideo. His leg developed a blood clot
forcing doctors to induce a coma
before performing surgery.
33 year old Silva was driving his van with two former footballers,
Elbio Pappa
and Dard Pereira.
20 September 2006
Arsenal Debts Increase by £100 Million
Arsenal's debts have risen from £153.3 million (€227.20 million) to a
massive £262.10 million (€388.54 million) following their move from
Highbury to the
Emirates Stadium.
In a statement on the club's website chairman Peter Hill-Wood said
:
"As well as completing the new stadium we have also refinanced the
related debt.
The refinancing is strongly beneficial as it secures the
group's financing arrangement for the long term and, by extending the
repayment term and reducing
the annual debt service costs, frees up
significantly more of the group's future
cash-flow for investment in
the development of the
team."
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