Sunday, 8th November 2009

 

6 October 2008 - Tara Loader Wilkinson

Billionaire Ambani mulls Spurs buy-out

Indian billionaire Anil Ambani, is considering pitching for Tottenham Hotspurs or West Ham football clubs, according to the Mirror.

Ambani has been recently linked to rumours over purchasing Everton and Newcastle football clubs, but denied the reports.

Newcastle is currently owned by Sports Direct chairman, Mike Ashley, who paid £134m for the club last summer.

Ambani, the chairman of the Indian phone giant Reliance Communications, has a fortune of about £20bn and is the world's sixth richest man, according to the Forbes Rich List.

Most Read

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  3. UBS wealth unit takes £33m hit on rogue trades
  4. Citigroup plans 75 layoffs at wealth management division
  5. Morgan Stanley poaches six-member private wealth team from UBS

Brummel

Relocation, relocation, relocation

Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.

Rich Monitor

Sotheby's 3Q loss widens

Sotheby's third-quarter loss widened as the art auction house posted a worst-than-expected decline in revenue and a tax expense.

More from Rich Monitor

  1. Sotheby's 3Q loss widens
  2. Going local --- In a shaky art market, collectors stick close to home
  3. In Tax Case, 4 Days Save Robertson $27 Million
  4. Bonus boom will buoy luxury property market
  5. Life after the City: Emyr Thomas

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