Betaville

Chelsea FC on the block; Abramovich said to be seeking £3 billion, according to reports - Part 8

The Guardian have just published an intriguing article about the on-off sale of Chelsea Football Club.

Most of the market seemed to think the sale was off yesterday following the news about the British government sanctioning Roman Abramovich.

But now hacks at The Guardian are reporting that a select group of potential buyers are being considered as potential owners by the UK government (is that Nadine Dorries?)...

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Chelsea FC on the block; Abramovich said to be seeking £3 billion, according to reports

You know the rumours about a potential sale of Chelsea FC are serious when the venerable Wall Street Journal finally decides to get on the story.

The WSJ has just published a piece claiming Roman Abramovich is seeking takeover bids for Chelsea FC, which has won the European champions league twice, ahead of the Russian tycoon being hit by financial sanctions. Below is the link:..

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Private equity stalking Babcock International, reports the Daily Mail

Intrepid Daily Mail hackette Francesca Washtell has landed a line about a possible takeover of Babcock International, Britain's largest defence contractor.

Washtell reports in her market report column that there are rumours two private equity groups are "sniffing around" Babcock and that's the reason why the company's shares have been performing so well recently. Below is a link to Washtell's excellent column:..

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The hackery merry-go-round continues...

It's been almost eighteen months since Betaville has enjoyed a good old fashioned knees up with fellow hacks (basically alcoholic drinks in a dingy pub in the backstreets of London).

So, it was great to catch up with old colleagues and friends from The Sunday Times and the Mail on Sunday tonight for John "The Ridge" Collingridge's leaving do before he heads of to become head of business at The Guardian...

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Hot streak...

Another week, another scoop confirmed for Neil "Neily" Craven, Deputy City at the Mail on Sunday.

On Sunday the intrepid retail hack revealed in the Mail on Sunday's business section that New Look was heading for a major restructuring by appointing advisers from Deloitte. Below is the link:..

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The Tory pollster, the communications firm and the former sovereign wealth fund boss

The Observer and The Guardian have been banging on about the commercial interests of Sir Lynton Crosby's "communications" wing for the last four years (see the link below).

https://www.theguardian.com/politics/2013/jun/08/lynton-crosby-tory-strategy-lobbying-firm..

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The dealmaker, the bank and the missing skyscraper series - UPDATE

Credit Suisse has failed to get a Norwegian tycoon's claim thrown out of the High Court court and could be heading for a messy trial with plenty of juicy disclosure.

Court moles have got in touch with Betaville to inform this website that on July 11, 2017 the Honourable Justice Teare dismissed Credit Suisse's attempt to "strike out" with summary judgement Brova's multi-million claim over the Hertsmere House fiasco...

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Mediya Ruddy...

The Guardian has just announced that Graham Ruddick, a former colleague during our time at The Daily Telegraph and The Sunday Telegraph, has been made the newspaper's Media Editor. Here is the link:

https://www.theguardian.com/gnm-press-office/2017/may/04/graham-ruddick-announced-as-guardians-media-editor..

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Pro-European City types cook up new British advocacy group / political party - part 5

Splashed across the front page of today's The Guardian is a story about how Open Britain - the advocacy group chaired by PR supremo Roland Rudd and backed by Tory MP Anna Soubry - is urging pro-remain voters in 20 seats held by prominent Brexit-supporting MPs to oust their incumbent but vulnerable representatives in parliament. Here is the link:..

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