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Clubs backed by petro chemicals dollars might also be hit hard. Dont tell that to adlab,whatever you do,for Gods sake,lol.
Lol,Turkey sending aid to the UK,how does the song go? Ironic or someffin……
UK voted for the Brexit,amongst others,because of that very reason, they were terrifed of 80m Turks joining the EU,the same EU which the UK is not part of any more,lol.Comedy of the highest order which Mr Bean would be very proud of,or should that be Del boy?
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442-My brother works for Exxon in Texas,you are spot on-the oil industry is FUBAR-for a very long time.If the worlds only superpower is on its knees,imagine the impact it will have on those Middle East countries that depend 100% on oil.
At least,on the bright side of things,Pep wont be able to spend £1bn on full-backs alone anymore,ever again,lol.
ps:FUBAR-fucked up beyond all recognition[remember the movie Tango & Cash?]
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mav – i’m not sure you understand how business or aid works.
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Washing your hands regularly for 20 secs was and is good advice singing the National Anthem or two verses of Happy Birthday gives you the 20 second guide you need for a successful hand wash.
I’ve never sung Happy Birthday as much accompanying it on the Guitar at the same time is a bit of a challenge though?
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The abridged version of the Super Frankie Lampard song will do me. That covers the 20 seconds.
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Perhaps Richard Branson is not quite as wealthy or as uncaring as some might think given what he pledged back in 2013.
“Sir Richard Branson yesterday pledged to give away half his fortune to good causes.The British entrepreneur and his wife Joan were one of 12 new signatories to Bill and Melinda Gates’ Giving Pledge Initiative. They join a list that includes Mark Zuckerberg, David Rockefeller and Warren Buffett. Yesterday saw the first billionaires from outside the US pledge to donate the funds to philanthropic activities, with other signatories including Russian nickel mogul Vladimir Potanin and Indian software tycoon Azim Premji.Sir Richard has an estimated fortune of £2.7bn. In a letter to the Giving Pledge Initiative,which now counts donations of around $500bn (£324m), Sir Richard said: “‘Stuff’ really is not what brings happiness. Family, friends, good health and the satisfaction that comes from making a positive difference are what really matters.“Happily our children, who will be our principal heirs, agree with me on this.”
He after his generosity clearly he won’t starve but neither should he given the career he’s had sadly he doesn’t have sufficient funds to save Virgin Australia.
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67, Lol. Good idea I will add that to my hand washing reportire.?
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Sir Richard Branson has pledged his luxury island resort as collateral to help get a UK government bailout of his stricken airline Virgin Atlantic.
The billionaire Virgin Group boss said in an open letter to staff he was not asking for a handout, but a commercial loan, believed to be £500m.
The airline’s survival was in doubt, and his Necker Island home in the Caribbean could be mortgaged, he said.
It comes as Virgin Group’s airline in Australia enters administration.
Virgin Australia collapses into administration
Both airlines have been hit hard by the global coronavirus lockdown, and Sir Richard has appealed to governments in both countries for help.However, he has been criticised for appealing for taxpayer aid rather than drawing on his huge wealth. Sir Richard’s fortune is thought to be well over £4bn. The large US airline Delta owns 49% of Virgin Atlantic.
Sir Richard said in his letter to staff: “Many airlines around the world need government support and many have already received it.” The crisis facing airlines, and the staff they employ, was “unprecedented,” he said.
Despite his wealth, this did not mean he had “cash in a bank account ready to withdraw”. And he hit back at criticism that he was a tax exile who did not deserve help, saying he and his wife “did not leave Britain for tax reasons but for our love of the beautiful British Virgin Islands and in particular Necker Island”.
He said Necker would be offered as security for any loans. “As with other Virgin assets, our team will raise as much money against the island as possible to save as many jobs as possible around the group,” Sir Richard said.
Government support
In his letter to staff, Sir Richard said: “We will do everything we can to keep the airline [Virgin Atlantic] going – but we will need government support to achieve that in the face of the severe uncertainty surrounding travel today and not knowing how long the planes will be grounded for.“This would be in the form of a commercial loan – it wouldn’t be free money and the airline would pay it back (as EasyJet will do for the £600m loan the government recently gave them).”
He pointed out that Virgin Atlantic started with one plane 36 years ago, before adding: “Over those years it has created real competition for British Airways, which must remain fierce for the benefit of our wonderful customers and the public at large.”
Sir Richard offered to inject £250m into the Virgin Group last month, with most of that going to the airline.
Earlier this month, Rolls-Royce, Airbus, Heathrow airport and Manchester Airports Group sent letters to the government highlighting the importance of Virgin Atlantic to the UK’s manufacturing supply chain.
Meanwhile, Virgin Australia – in which Sir Richard holds a stake of around 10% – is going into administration.
The carrier has been forced to cancel nearly all of its flights during the coronavirus crisis and been unable to restructure its debts.
The Australian government offered some support, but refused a request from the company for a A$1.4bn (£720m) loan.
The airline is part-owned by Sir Richard along with Etihad, Singapore Airlines and China’s HNA.
“The brilliant Virgin Australia team is fighting to survive and need support to get through this catastrophic global crisis,” Sir Richard said.
“We are hopeful that Virgin Australia can emerge stronger than ever, as a more sustainable, financially viable airline.”
He warned: “If Virgin Australia disappears, Qantas would effectively have a monopoly of the Australian skies. We all know what that would lead to.”
Sir Richard also addressed the fierce criticism he has faced in recent weeks over his tax situation.
Critics have pointed out he has paid no UK income tax since moving to the tax-free British Virgin Islands 14 years ago.
Sir Richard is the 312th richest person in the world with an estimated $5.2bn fortune, according to the Bloomberg billionaires index.
“I’ve seen lots of comments about my net worth – but that is calculated on the value of Virgin businesses around the world before this crisis, not sitting as cash in a bank account ready to withdraw,” he said.
“Over the years significant profits have never been taken out of the Virgin Group, instead they have been reinvested in building businesses that create value and opportunities.”
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Pax-Considering that I will be 47 years old soon,and therefore not a kid,no that complicated thing to understand during all those years of living,dont you think?
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9s-Stuff is not what brings hapiness Agreed,how much money I would give[if I had it],to spend a night with Kelly Brook or Monica Bellucci,or Kylie,or Jenna Jameson.
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I said it so many times and will repeat it again & again,I really hope this thing hits my clubs finances really hard.No more fooking wasted £89m on a parasite like Pogba.G.Souness is spot on.
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Don’t know about Gooses Bruvver but I work in the O&G sector, and I know we’re struggling a bit at the moment getting actual orders/cashflow going on. Plenty of paperwork etc… but that doesn’t pay the bills. I think (certainly hope!) the company can ride it out but we’ve struggled before when price per barrel dropped badly about 4 years ago, and that was nothing like this is…
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I agree the initial UK response was too laid back, though I think good hygiene and covering coughs and sneezes was still good effective advice and measures. However, given they knew it affected the elderly the worst, care homes should have been locked down immediately. And it also seemed strange there were still many flights coming in from Northern Italy and China when there were large outbreaks there.
I also think the rolling news didn’t help at that earlier time by reporting the official figures which were very small and always going to be a massive underestimate and I think people thus perceived the outbreak wasn’t too bad then, when as 442 rightly says, the horse was bolting at that time.
Then the UK obviously locked down though it will still be interesting to see how Sweden goes without such measures, and without them, they do still appear to be bringing things under control.
The better news seems to be that the actual fatality rate seems lower at more around 0.2/0.3% after initial antibody testing in the US & Germany.
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Having trouble posting a follow up. does this work? edit yes it does.
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Barcelona to sell title rights to Nou Camp Stadium for one year to raise funds to help fight Coronavirus.
Good on them. “Més que un club”
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Sheffield United players agree to partial pay deferral including bonuses until the end of 2020.
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One word…Ozil.
What an …..to polite to say it.
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PS
£350,000 a week = £18,200,000 a year for disappearing for 90minutes on a Saturday or Sunday or._____________________________
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22 million now applying for unemployment benefit in the US.
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“9s-Stuff is not what brings hapiness Agreed,how much money I would give[if I had it],to spend a night with Kelly Brook or Monica Bellucci,or Kylie,or Jenna Jameson.”
Mav,you need an ice cold shower mate which might be difficult where you are.?
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