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Friday, 31 August 2012

Roman Abramovich Wins Court Battle Against Berezovsky
Roman Abramovich Wins Court Battle Against Berezovsky











Chelsea FC owner Roman Abramovich has won his legal battle against exiled Russian oligarch Boris Berezovsky. Mr Berezovsky, 65, said Mr Abramovich, 45, had intimidated him into selling shares in Russian oil giant Sibneft. He was claiming £3bn ($4.7bn) in damages. But the London Commercial Court judge said Mr Berozovsky had been an "inherently unreliable" witness. Mr Berezovsky said he was "shocked" at Mrs Justice Gloster's decision and that she had rewritten Russian history. The BBC estimates the total legal costs in the case are up to £100m.

In her ruling the judge said: "On my analysis of the entirety of the evidence, I found Mr Berezovsky an unimpressive, and inherently unreliable, witness, who regarded truth as a transitory, flexible concept, which could be moulded to suit his current purposes." She said she dismissed Mr Berezovsky's claims in relation to Sibneft - and a claim Mr Abramovich had broken a promise over a deal involving Russian aluminium company RusAl - "in their entirety". She also said she found Mr Abramovich "to be a truthful, and on the whole reliable, witness".

'Political godfather'
Mr Berezovsky, who had told reporters before the verdict that: "I believe in the system", afterwards said : "I am absolutely amazed by what's happened today... particularly because Lady Gloster took the responsibility to rewrite Russian history." Asked if he felt Russia's President Vladimir Putin would be happy with the ruling, he replied: "Sometimes I have the impression that Putin himself wrote this judgment." He said he did not regret bringing the case against Mr Abramovich and did not know if he would appeal, adding: "I was absolutely shocked... but life is life."

The BBC's Moscow correspondent Daniel Sandford said there had been a lot of interest in the case in Russia as it shed light on the controversial sale of Russia's mineral wealth by the state to a small group of oligarchs in the early 1990s. Mr Abramovich was not in court for the ruling and is thought to be in Monte Carlo for Chelsea's Super Cup Final on Friday night. But a statement issued on his behalf said: "There were many serious allegations made against Mr Abramovich by Mr Berezovsky, including attacks on Mr Abramovich's honesty and integrity.

"We are pleased that the judge has firmly rejected all such allegations and has described Mr Abramovich as a truthful and frank witness who showed a responsible and honest approach when giving evidence in this case." When he gave evidence, Mr Abramovich had said Mr Berezovsky was paid millions of pounds for his services as a "political godfather" but was not a business partner. The court heard Mr Berezovsky "fled Russia, never to return" in 2000, after falling out with President Vladimir Putin. Both men have homes in London, with Mr Abramovich owning a property in Knightsbridge as well as a 400-acre estate in Fyning, West Sussex. On his arrival in court on Friday Mr Berezovsky, who now faces a huge legal bill, had told reporters: "I believe in the system."
'Power broker'
During the three-month trial, the court heard details of the lifestyles of Russia's super-rich oligarchs. Mr Berezovsky claimed Mr Abramovich was a "gangster" while Mr Abramovich responded by saying there were times when Mr Berezovsky was "something of a megalomaniac". The hearing was told Mr Abramovich bought a businessman a plane to say thank you after one deal. Mr Berezovsky told the court he was born in Moscow, studied mechanics and mathematics and worked as a designer for Russian state car maker AvtoVAZ in the 1970s, before going into business in the 1980s.

In the 1990s, following the collapse of communism, Mr Berezovsky embarked on a political career and Mr Abramovich's lawyers claimed he was a "power broker" and a "highly controversial figure". The hearing was told Mr Berezovsky's expenses including "palaces in France", "private aircraft", "valuable paintings" and "jewellery for his girlfriend" - were paid for by Mr Abramovich. Danny Jowell QC, for Mr Abramovich, told Friday's hearing they were concerned Mr Berezovsky may have been "disposing of assets in recent months".



Credits: myjoyonline



NEW VIDEO: Jon Germain Releases Tell Me 


Jon Germain released the most anticipated video to hos “Tell Me” song this past week and seems to have dazzled music enthusiast and critics alike. The video which is under the directing tutelage of Nana Kofi Asihene is currently trending on social networks and the comments are simply complementary. As he readies his second album, the video is the perfect roller for his career and the right precedence for the album. In a related development, the singer this past week made an appearance on GhOne’s Rhythms and sang to the amazement of everybody present in the studio and watching from home. For most who still doubted the singer’s ability, the proof was right there in their face on live TV. Host of the show Blaq Boi couldn’t help but express his excitement about the singer’s vocal ability. He also performed live at the eviction show of “I AM IN LOVE WITH BUMAYE” reality show and was adjudged by Showbiz as having a good performance.

Michael Essien To Arsenal Wenger To Make Essien Loan Bid
Arsenal Wenger To Make Essien Loan Bid

ARSENE WENGER will today try to take Chelsea midfield ace Michael Essien on loan for the season.

The Ghana star, 29, has been linked with an £8million switch from Stamford Bridge to Fenerbahce in Turkey. But Arsenal boss Wenger will make an 11th hour intervention to give Essien the chance to stay in the capital. Wenger, who had Chelsea’s Yossi Benayoun on loan last season, is looking for extra depth in midfield after the loss of Alex Song to Barcelona for £15m. And Chelsea could be willing to play ball if the Gunners cover Essien’s £100,000 a week wages. Essien, in seven years at Chelsea, has made 163 outings and scored 17 goals.



Thursday, 30 August 2012

HEADIES 2012
HEADIES 2012
Psquare & Bez Lead Nominations, Femi Gets Special Recognition For Excellence..........
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As another edition of one of the most prestigious music awards in Nigeria,The Headies draws nearer, the nominees for this year’s awards have been revealed!
Pop giants Psquare, Soul-Jazz singer Bez Idakula lead the nominees list with six nods each. The twin pop duo released their fifth album last year with the smash hit singles ‘Chop my money’ and ‘Beautiful Onyinye’ both garnering international remixes from US acts Akon and Rick Ross respectively. They received nods in the ‘Album of the Year’, ‘Artiste of the Year’, ‘Song of the Year’, ‘Best Pop single’, ‘Best R&B-Pop Album’ and ‘Best Collabo’ categories. Bez who is signed to Cobhams Asuquo’s C.A.M.P is nominated in the ‘Recording of The Year’, ‘Recording Of The Year’, ‘Best R ‘N’ B Single’, ‘Best R ‘N’ B/ Pop Album’, ‘Best Collabo’, and ‘Best Vocal Performance’ categories. The 28-year-old released his debut ‘Super Sun’ mid-2011. The likes of ‘Superstar’ rapper Ice Prince, pop sensations Wizkid, Davido and Soul singer Praiz follow closely with four nods each.

Pop giants D’banj and Wande Coal, rappers Naeto C, Vector, Olamide and pop singer Chuddy K trail with three nominations. A keenly contested category is as expected the ‘Artiste of the Year’ which is occupied by P-Square, Wizkid, Ice Prince, Naeto C and D’Banj. All five acts have had a brilliant run in the last year. Another interesting category is the ‘Producer of the year’ slot which will see the likes of Cobhams (Stupid Song by Bez), Tee-Y Mix (Super C Seasonalbum by Naeto C), Shizzi (Dami duro by Davido), Jesse Jagz (E.L.I by Ice Prince) and J Sleek (Private Trips by Wande Coal) slug it out for the coveted prize. Modenine for the first time in the last five years is missing from the ‘Lyricist on the Roll’ categories. Those nominated include – rappers Vector, Yung6ix, Iceberg Slim, Phyno and South-South rapper Erigga. The Headies 2012 will hold on Sunday October 20, at the Eko Hotels in Lagos.

SEE FULL NOMINATION LIST _CLICK HERE

Terry, Gerrard back in for England 
John Terry has been included in the England squad for the first two 2014 World Cup qualifying matches against Moldova and Ukraine….
The Chelsea captain has been named in Roy Hodgson's 24-man squad despite currently facing an FA charge of using abusive and/or insulting words and/or behaviour, which included a reference to ethnic origin and/or colour and/or race, towards Queens Park Rangers’ Anton Ferdinand. Terry denies the charge. A date for a hearing is yet to be set.
Captain Steven Gerrard also returns to the squad, as do Arsenal duo Theo Walcott and Alex Oxlade-Chamberlain, who missed the friendly win over Italy through injury. Striker Wayne Rooney has not been included after sustaining a thigh injury last weekend against Fulham which could rule him out for up to two months. Despite being out of favour at Liverpool, Andy Carroll was included alongside fellow forwards Jermain Defoe, Daniel Sturridge and Danny Welbeck.

Goalkeepers Jack Butland and John Ruddy and Chelsea full-back Ryan Bertrand have all been recalled after they made their senior England debuts against Italy in Berne two weeks ago. England travel to Moldova for the first game on Friday September 7 before they host Ukraine at Wembley four days later.

Squad
Goalkeepers: Jack Butland (Birmingham City), Joe Hart (Manchester City), John Ruddy (Norwich City). Defenders: Leighton Baines (Everton), Ryan Bertrand (Chelsea), Gary Cahill (Chelsea), Ashley Cole (Chelsea), Phil Jagielka (Everton), Glen Johnson (Liverpool), Joleon Lescott (Manchester City), John Terry (Chelsea), Kyle Walker (Tottenham Hotspur). Midfielders: Michael Carrick (Manchester United), Tom Cleverley (Manchester United), Alex Oxlade-Chamberlain (Arsenal), Steven Gerrard (Liverpool), Adam Johnson (Sunderland), Frank Lampard (Chelsea), James Milner (Manchester City), Theo Walcott (Arsenal). Forwards: Andy Carroll (Liverpool), Jermain Defoe (Tottenham Hotspur), Daniel Sturridge (Chelsea), Danny Welbeck (Manchester United).
Wayne Rooney Vows To Stay At Manchester-United
Wayne Rooney Vows To Stay At Manchester-United
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WAYNE ROONEY last night vowed to stay and fight for his future at Manchester United. SunSport revealed at the weekend that there was tension between the striker and boss Alex Ferguson during pre-season. That led to the star being dropped for the visit of Fulham on Saturday — and put a big question mark over his Old Trafford future. But last night defiant Rooney tweeted: “Heard what people have to say — absolute rubbish #heartostay. Here sorry.” The England hitman, 26, faces up to two months out after gashing his thigh during his appearance as a sub against Fulham.

United may be ready to cash in on the £50million asset unless he bucks his ideas up when he returns. The arrival of £22m star Robin van Persie means Fergie has plenty of striking options in his squad, including Danny Welbeck and Javier Hernandez. And gaffer Fergie also appeared to take a dig at Rooney in his programme notes at the weekend.

Ghana Fashion And Design Week 2012
EVENT SCHEDULE RELEASED

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Ghana Fashion and Design Week 2012 has revealed the schedule of events of the different creative designers showcasing their collection. The anticipated event is to hold between 5 October & 7 October 2012 in Accra, Ghana. A variety of exhibitors hosted at the contemporarily styled PopUp Exhibition Salon during the anticipated GFDW® event, principally sponsored by BlackBerry®. Heading the Backstage GFDW® team are international celebrity Make-Up Artist Claire De-Graft, and renowned Hairstylist Bianca Simone Scott, two highly skilled creative fashion experts, who will lead the team to create the desired looks for the shows.

The event will be officially launched in Accra, Ghana come October 2012. The event will kick off with a line up of interesting contemporary designers, revealing recently scouted fresh talents with innovative ideas, selected to showcase their work to a global audience for the first time on GFDW® platform in Ghana. The catwalk show is scheduled to take place over two days from the 5-6th October 2012, also scheduled to take place over the two days are the trade exhibitions and educative seminars at the Movenpick Ambassador Hotel, followed by an invite only VIP event on the third day exclusively sponsored by MOET & CHANDON.

This event in Ghana will see the launch of GFDW ETHIKHA™, an ethical fashion platform which aims to give ethical fashion designers an opening for exposure, and further bringing awareness to their efforts in sourcing and producing in Ghana and other African countries. GFDW® boasts a list of renowned sponsors including,
BLACKBERRY, L’OREAL, SO AESTHETIC, PORSCHE, MOET & CHANDON, VIRGIN ATLANTIC, LARGESS AFFAIR, with international media support from VOGUE ITALIA, alongside NEW AFRICAN WOMAN, FAB MAGAZINE, SHADDERS AFRICA, AFRICAN FASHION GUIDE, AFRICA STYLE DAILY and list of international press coverage.

Here is a list of the selected designers.
COCCOLILY Canada, 1981 Italy, MORTS & MORE Britain, SARAH DUAH Germany, CHRISTIE BROWN Ghana, MARIA GONZALEZ RAMOS Spain, JIL Ghana, ORANGE CULTURE Nigeria, MIMI LEE LONDON Britain, BRIGITTE MERKI Ghana, DUABA SERWA Ghana, KENEMA Britain [Ethical Fashion], KONFIDENCE Ghana, KACHI United States [Ethical Fashion], MINI EVANS Ghana, TRADE NOT AID by AFRICA FASHION GUIDE Britain [Ethical Fashion], REBEKAH OPUNI Britain, LOVE APRIL Ghana.

Check out the schedule of the event below:
For Information relating to Press Accreditation, Ticket purchase and general inquiries
Email: info@ghanafashiondesignweek.com
W: www.ghanafashiondesignweek.com
F: www.facebook.com/Ghanafashionweek
T: www.twitter.com/ghanafashionwk (#GFDW)
E: Press@ghanafashiondesigndesignweek.com
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SCHEDULE


Falconets Qualify, Edge Into Semis Past Brave Mexico
Falconets Qualify, Edge Into Semis Past Brave Mexico
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Nigeria have won their place into their second successive FIFA U-20 Women’s World Cup semi-final with a hard-fought 1-0 extra-time victory over a resilient Mexico in Tokyo. Nigeria, beaten finalists in Germany two years ago, were dominant throughout the first hour, but were unable to make the breakthrough on the scoreboard until Desire Oparanozie’s decisive goal on 109 minutes. The Africans made much of the early running and appeared to have a crucial early goal as Francisca Ordega’s shot deflected past goalkeeper Cecilia Santiago on the quarter-hour, only for the offside flag to be raised for an earlier infringement.        Almost immediately Oparanozie forced Santiago into a sprawling save as Nigeria looked to turn the screws in the late afternoon heat. With far more possession in midfield Nigeria were inching their way closer to breaking the deadlock when Oparanozie rattled the crossbar with her shot eight minutes before the interval.
The always-dangerous Sofia Huerta, scorer of three goals in the tournament, made a rare incursion into the Africans’ penalty area just before the break, to provide some impetus for the Mexicans.

However, the one-way traffic continued immediately upon the resumption, much to the delight of a large and buoyant group of Nigeria supporters, whose tunes and singing resonated around the National Stadium throughout the match. Approaching the hour mark Santiago again thwarted the Africans with an important block from Gloria Ofoegbu’s effort, and then again a few minutes later from Oparanozie. Mexico slowly started to make an impression and enjoyed a rare sight of goal midway through the second half, only for inspirational skipper Nayeli Rangel to push her back-post header narrowly over. Nigeria’s midfield play became less cohesive and Mexico could have won it in injury time as a corner looped onto the crossbar.

A fairly disjointed period of extra time was enlivened only on a few occasions, notably by Mexico’s Yamile Franco hitting the bar with an angled free-kick. With the match starting to swing back Mexico’s way, it was Nigeria who conjured a winner, with Oparanozie looping a perfectly executed header from Ugo Njoku’s cross over a stranded Santiago.

Wednesday, 29 August 2012

Mousa Dembele Signs For Tottenham
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The Belgium international passed a medical this afternoon and put pen to paper on a five-year deal. Dembele moves after an impressive two-season spell at Fulham where he made 74 appearances and scored seven goals after signing from AZ Alkmaar. He tweeted: "I would like to thank all the Fulham fans for their support! You were amazing!" Spurs' swoop for the playmaker comes just 48 hours after the £30m sale of Luka Modric to Real Madrid. And it looks set to be another frantic final two days of the transfer window at White Hart Lane. Rafael van der Vaart has been heavily linked with a move back to Hamburg with the Germans today declaring that they were desperate to re-sign the Dutch star. Chairman Carl-Edgar Jarchow said: “There is not a lot of time — it is really up to Tottenham Hotspur. “If we have a chance to sign him, we will do everything we can to make that happen.”

Tottenham manager Andre Villas-Boas has also renewed the interest he showed while Chelsea boss in Shakhtar Donetsk forward Willian. Shakhtar chief executive Sergei Palkin today claimed he had rejected a bid of just under £12m for the Brazilian and that Tottenham chairman Daniel Levy had also made an enquiry about two other players.
Palkin said: “Mr Levy, the chairman of Tottenham Hotspur FC, personally flew to Donetsk to negotiate over Willian. “But his latest offer was 15 million euros, which we of course did not accept. “Levy, by the way, hinted that besides Willian, Villas-Boas was interested in Douglas Costa and Fernandinho, but he mentioned that just casually, without any specifics.”

Davido Donates N1million To Breast Cancer Patient
Davido Donates N1million To Breast Cancer Patient
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David 'Davido' Adeleke has made a donation of one million Naira (about GHc12,000) to save Idiagbonya Osarere Debby, a medical technician suffering from 4th grade invasive ductal carcinoma cancer of the breast.
Debby needs about six million Naira for a surgery to remove a fast spreading cancer on her left breast, believed to be also moving to her right breast and neck, with reports that she has only a month to live if the surgery is not done. According to Nigeriafilms.com, a source said Davido, the Dami Duro hit singer, called Debby Monday to make his intention to give the money known. He is believed to have also visited her. Sources close to the medical technician said preceding Davido’s declaration; Debby had received about 85,000 Naira from benevolent persons for the surgery.


Credit: myjoyonline
Chelsea Player Victor Moses To Earn £50,000 Weekly
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Newly signed Chelsea player, Victor Moses, will earn £50,000 a week after he signed a five-year deal with the European kings. Moses, 21, has finally joined Chelsea after several of their bids were turned down by fellow English Premier League side Wigan Athletic. MTNFootball learnt that the former Crystal Palace star would earn at Stamford Bridge five times what he was on at modest Wigan. “Moses has hit it very rich at Chelsea. He will now pocket £50,000 a week at Chelsea, while at Wigan he was on £10,000,” a source close to the player disclosed.
MOSES

“He has also signed a long-term deal of five years because Chelsea see him as a player for the future.” Chlesea are also believed to have paid Wigan seven million pounds cash with an extra two million pounds to be paid in add-ons.
Moses himself has told MTNFootball that he is delighted that his long-drawn transfer saga is finally over. Moses was on Saturday unveiled at Stamford Bridge as a Chelsea player before ‘The Blues’ game against Newcastle United.
 “I am glad that the transfer is finally settled. I am just happy that all parties are happy,” Moses said.

“It’s coincidental that my last game in a Wigan shirt was against Chelsea. But I must express my gratitude to Wigan for all the support and the fans I will miss them all.”

Ghana Meets Naija In
Ghana Meets Naija In
London & New York
With ‘Crack Ya Ribs’
28th August 2012

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hana’s biggest musical concert, the GHANA MEETS NAIJA concert is set to hit the United Kingdome and United States later this month and early September respectively. In what is fast becoming one of the most anticipated events on the social calendar for Africans in London and NewYork, the renowned musical concert takes a humorous twist with a touch of comedy for its international debut. In a groundbreaking move, Empire Entertainment has collaborated with popular African comedian, Julius Agwu to put together the mega concert now dubbed, “Ghana Meets Naija –Crack Ya Ribs.”

The collaboration is being termed by most industry pundits as a “match made in heaven” as Julius Agwu’s “Crack Ya Ribs” comedy sessions have consistently thrilled fans in London over the last couple of years and will be making a debut in America. The Ghana Meets Naija brand on other hand has over the last two years earned the status of the most highly anticipated and biggest musical concert on the rave calendar.  Thus, it’s set to be two electrifying shows as the very artistes from Ghana and Nigeria as well as the continent’s finest comedian strut it out in front of thousands on the world stage.

According to the Empire Entertainment’s PR Manager, Derick Addai, taking the Ghana Meets Naija brand to an international audience, is the realization of a vision that begun after last year’s event, and was aimed at bringing the brand world attention. He adds, that, the collaboration with a major Nigerian Icon such as Julius Agwu, further emphasizes the fact that, the Ghana Meets Naija brand is aimed at fostering unity between the two countries through entertainment. He ended, “And so in the spirit of Unity, folks in London and NewYork must prep themselves for a mega showdown as Ghana Meets Nigeria on neutral grounds.”

The London event will be held on the 26th August, 2012 inside the plush and high capacity Lighthouse Hall, Camberwell and will feature performances from the likes of Gasmilla, as well as GH-UK acts Kwamz N Flavour and Mr. Silva.  From Nigeria will be MAVIN’s DPrince and hip-hop heavyweight MI.
The show will make its grand debut in NewYork during the 7th Annual Nigerian Entertainment Awards weekend with top acts from Nigeria at the Symphony Space Sharp Theater, 2537 Broadway, NY 10025.
The night’s line-up of entertainers will include D’Prince, VIP, Seyi Law, KwawKesse, Chii Gurl, Senator, Yvonne Nelson, Funky Bone, Lighter, and Jay Ghartey. Tickets are selling at $30 regular, $50 VIP and $100 VVIP. Ticket Hotline is 856 506 5700.

Meanwhile, Julius Agwu, has released what can be called  by all as the most hilarious promo video ever, for the Crack Ya Ribs Ghana Meets Naija Show.
In the video, the musi-comedian is eager to fight his opponent in a boxing match and on seeing how huge and muscular he is, he begins to drift away but later got his groove back and hit the guy and won! 

CRACK YA RIBS- GHANA MEETS NAIJA is powered by Empire Entertainment, MEDIA GH and REELLAIF with support from BEN, jaguada.com, notjustok.com, thebuzzgh.com, Akwaaba UK, TM Entertainment, ghanacelebrities.com, and notjustok.com.


Credits: NigerianShowbiz

Tuesday, 28 August 2012

Amakye Dede To Be celebrated At 2012 ‘Legends & Legacy Ball’
Amakye Dede To Be celebrated At 2012 ‘Legends & Legacy Ball’

28th August 2012                                                                     Credits: CitiFMonline
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A
ce Ghanaian Highlife maestro Daniel Amakye Dede has been selected as the next big act to be celebrated at this year’s Legends and Legacy Ball slated for September 15. The main auditorium of the International Conference Centre would come alive on the said date as several Ghanaian musicians would be performing selected hit songs of the ‘iron boy’ Abrantie Amakye Dede who has about 28 albums to his credit.

100% Zobla zo singer and Ivorian superstar Freddy Meiway is the guest international act for the night. Some Ghanaian artistes billed to perform Amakye Dede’s songs on the night include Becca, Eazzy, Samini, Kwabena Kwabena, Okyeame Kwame, Daasebre Gwamena and several others. The first Ghanaian to have been celebrated in this grandeurs fashion is DL, popularly known as Daddy Lumba who has also blazed the Ghanaian music industry with countless hits with his career spanning over three decades.

It was under this event that the two former presidents of Ghana, John Agyekum Kufuor and Jerry John Rawlings shared a dance with Kufuor dancing with former first lady Nana Konadu Agyeman Rawlings after he sort permission from Jerry Rawlings. (Twas a great, interesting and rare moment.) Event organisers Imagin Advertising have promised a spectacular moment for lovers of good highlife music. The last act for the night would be from ‘serious’ Amakye Dede himself whose stage performance and energy is unrivalled.
Exclusive PHOTO: Nollywood Actor Jim Iyke Spotted In London
Exclusive PHOTO: Nollywood Actor Jim Iyke Spotted In London

August 28, 2012

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J
im Iyke was recently spotted me in London with his cute niece Dani…about time this bachelor had some babies of his own!





Credits: NigerianShowbiz




Drogba & Anelka
Could Leave Shanghai Shenhua Following Shareholder Dispute
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Aug 28, 2012 1:35:00 PM

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A report in China Daily claims that chairman Zhu Jun, who retains a 28.5 per cent stake in the club, is prepared to continue backing the side, providing his demands for greater authority are met. Zhu assumed control of Shenhua in 2007, and is one of six shareholders at the Hongkou Football Stadium, along with five state-owned enterprises.
        He purchased a stake on the grounds that an €18 million investment over two years would enable him to extend his ownership of the outfit to 70%. The injection of money was then used to hire such star players as Drogba and Anelka, however other shareholders have now complained that they were not involved in the buying of the players. Oriental Sports Daily has revealed that while Zhu has spent almost €70m during his five-year reign in Shanghai, no other shareholder has spent any money. "It is annoying and has had a bad effect on many of our tasks," a club official told the publication. "The biggest problem is that the operation and financing work of the club cannot be carried out normally. "The equity stakes issue has become the biggest bottleneck for the development of Shenhua."
The dispute now means that Zhu may only be willing to finance 28.5% of Shenhua's expenditure, leading to player salaries potentially being affected.
Some reports also suggest that Zhu Jun may now face cash flow problems, after poor financial performance by his The9 online game company, which is behind the Firefall and PlanetSide 2 video games. As a result, Drogba and Anelka, recent arrivals from Chelsea, could be culled from the squad, as their reported €240,000-a-week contracts may prove unsustainable. Furthermore, there is speculation that Shanghai Shenhua might even combine with another Shanghai football club -  Shanghai East Asia, a Chinese first division club.  According to Chinese media outlet Sina, if Shanghai East Asia is promoted to the top division, the Shanghai Shenhua brand may be sold off.
Colombian midfielder Giovanni Moreno missed the weekend's fixture against Shandong Luneng, fuelling speculation Shenhua had not yet paid Argentine outfit Racing Club in full for his services. So far, Drogba and Anelka's salaries have been paid 100%. Also, some believe that should the two stars face the exit, the local government may step in to help foot the bill and avoid any humiliation for the popular football club, so the club may yet survive. Despite heavy investment earlier in the year, Shenhua are 10th in the 16-team Chinese Super League on 27 points from 23 matches; some 20 points behind leaders Guangzhou Evergrande.


Credits:  Livio Caferoglu,
Susan Peters & Yvonne Nelson Cover The Red Sheet Magazine
Susan Peters & Yvonne Nelson Cover The Red Sheet Magazine
25th August 2012

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his month’s 13th edition of The Red sheet Magazine has been graced by two gorgeous West African women, Nollywood actress Susan Peters and Ghallywood actress Yvonne Nelson. The two women look stylishly glam on the covers.



Credits: nigerianshowbiz
Kwame Pianim Calls For Stronger Regulations Of
Kwame Pianim Calls For Stronger Regulations Of
Mobile Money And Banking Services

August 28, 2012

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conomist, Kwame Pianim is calling for stronger regulation of mobile money and mobile banking services in the country. This follows what he describes as a worrying trend of unfair competition posed by Telcos to other service providers.  Mr. Pianim who is also the Board Chairman of Electronic payment Provider, E-Transact explains to JOY BUSINESS, mobile financial service-delivery is being unduly affected by the dual role of Telco’s. 



Credits: myjoyonline

Wayne-Rooney Is Not Wanted By Europe’s Big Guns
28th August 2012

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That leaves Manchester City as the only outlet able to afford him if United choose to sell. SunSport revealed United are ready to cash in on the 26-year-old unless he bucks up. They would want £50million. But Barcelona and Real Madrid will not bid, while big-spending Paris St Germain, who were considering a move for the England star earlier this summer, are no longer keen. Rooney was axed for United’s first home game of the season against Fulham on Saturday. Boss Alex Ferguson’s patience with him had finally snapped after a turbulent two years.
Rooney’s performance at Everton convinced his manager his form and fitness were gone. The relationship between the pair is now tense and they have barely spoken since the forward returned for pre-season. City were close to signing Rooney when he revealed he wanted to quit United in October 2010.
     The player eventually changed his mind and decided to stay at Old Trafford but the wounds from that episode have never healed. The champions remain interested in signing the ex-Everton ace but are now convinced United will never sell to them. Any movement will not come until January, with Rooney sidelined for up to two months after suffering a badly gashed thigh in an accidental collision with Fulham’s Hugo Rodallega.