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Can PSG get away with £198m fee for Neymar?

Paris-St Germain are expected to complete their deal to sign Neymar from Barcelona for 222m euros (£198m).Some people, including Liverpool manager Jurgen Klopp, have questioned how this transfer could be allowed under European football’s governing body Uefa’s Financial Fair Play (FFP) rules.Remember, the £198m is only the initial outlay …

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How Empowering Their Neighbors Helped Empower This Franchise

Image credit: Greg Shappell | Wild Wings This story appears in the July 2017 issue of Entrepreneur. Subscribe » Karim Webb and Edward Barnett have always loved Los Angeles. As kids growing up east of the city, they were pals. As adults, they’ve become prominent employers in South L.A., …

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£14tn investor body wades into Worldpay row

A powerful shareholder body whose members manage assets worth £14tn has waded into the multi-billion pound takeover of Worldpay, the FTSE-100 payments group. Sky News has learnt that the Investor Forum, whose members include City institutions such as Legal & General Investment Management and Schroders, has held a series …

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ERA retain Franchisor of the Year crown!

For the second year in a row, Expense Reduction Analysts (ERA) have been named Bronze Franchisor of the Year by the British Franchise Association (bfa). Hundreds of entries from businesses spanning all industries and sectors were whittled down to a shortlist of five truly outstanding franchisors. Standing toe-to-toe with …

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Next shares jump after sales growth

Next sales have had a big boost from the retailer’s Directory catalogue and internet business.Overall second-quarter sales rose 0.7%, beating expectations, after an 11.4% jump from its Directory catalogue and internet business.However, full-price sales at Next Retail fell 7.4%, and it said it remained “cautious” about its outlook, given …

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