SBB Races to Raise Money With Real Estate Firm Stake Sale
Troubled Swedish landlord Samhallsbyggnadsbolaget i Norden AB sold its entire stake in sector peer Heba Fastighets AB in
2023-07-05 00:53
Business as usual for Fleetwood as former chairman is jailed
Fleetwood will continue to go about the club’s normal business following the sentencing of former chairman Andy Pilley. Pilley, who stepped down as chairman and director of the League One club during May after being convicted on four counts of fraud, appeared at Preston Crown Court for sentencing on Tuesday. He was found guilty of two counts of fraudulent trading, fraud by false representation and being involved in the acquisition, retention, use or control of the proceeds of fraudulently mis-sold energy contracts. Also chairman of BES Utilities, Pilley had been involved in High Court litigation with Cheshire West and Chester Council, but lost a civil court fight over investigating allegations of mis-selling. At the Crown Court sentencing, the 53-year-old, who had been was remanded in custody, was jailed for a total of 13 years and was also disqualified from being a director for 13 years. Pilley had been the chairman and owner of Fleetwood for 20 years and overseen the club’s rise from non-league status to the English Football League. Fleetwood, who finished 13th last season, had already announced the club were in discussions surrounding a change of ownership and control which remain ongoing. A statement on Tuesday afternoon read: “Fleetwood Town Football Club acknowledges the sentencing in the court case involving former club chairman, Andy Pilley. “The club would like to reiterate convictions are against individuals and not Fleetwood Town FC, or any of the businesses associated with them, and will continue to operate as normal. “Fleetwood Town remain in communication with the EFL and will be making no further comment at this time.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-07-05 00:49
Bahrain Set to Invest £1 Billion in UK After Crown Prince Visits
Bahrain plans to invest £1 billion in the UK and will strengthen ties related to financial services as
2023-07-05 00:19
Le Pain Quotidien UK Arm Falls Into Insolvency, Most Cafes Close
The UK division of Le Pain Quotidien, the international bakery chain, has collapsed into insolvency, shutting all but
2023-07-04 23:59
Gap Between Canada’s Rich and Poor Is Widening at Record Pace
Inflation, higher interest rates and declining real estate values are worsening wealth inequality in Canada, with younger households
2023-07-04 23:54
Saudi Oil Cuts See Top Buyers Looking at Crude From Elsewhere
Asia’s oil refiners, responsible for meeting about a third of the world’s fuel consumption, are getting ready to
2023-07-04 23:27
Odey Lifts Suspension on James Hanbury’s Developed Markets Fund
Odey Asset Management has lifted the suspension of a fund managed by James Hanbury, signaling its growing confidence
2023-07-04 22:59
European Power Prices Go Below Zero Again as Solar Output Surges
European power prices fell below zero again as production from solar farms overwhelms the grid early in the
2023-07-04 22:49
EU Set to Exit From Controversial Energy Charter Treaty
The European Union is set to announce this week its withdrawal from the controversial Energy Charter Treaty, after
2023-07-04 22:49
Los Andes Copper Weighs Funding Options For Chile Project Including Sale
Los Andes Copper Ltd. is considering options to finance development of a mine in Chile, including a potential
2023-07-04 22:18
Upper Rhine Can Only Handle Half-Full Barges as Water Levels Dip
Barges moving goods from the Rotterdam area to clients in the farthest stretches of the Rhine can only
2023-07-04 22:15
London Rent Now Equivalent to Two-Thirds of a Woman's Salary
London rent is now so high that a woman on an average salary would need to double her
2023-07-04 21:54