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Simon Lewis
from the Irish mail on Sunday December 2nd 2007 discusses Liverpool and
Gillette
George
Gillett Jr appears to have long practiced the lesson learned this week by
his employee Rafael Benitez – that it pays to keep one’s thoughts to
oneself.
Liverpool
manager Benitez fell foul of the club’s new co-owners, the American
businessmen Gillett and Tom Hicks, after being told by the latter to
“quit talking” following his criticisms of the pair regarding his lack
of freedom in the transfer market.
Benitez
ignored last week’s direct order from Hicks and used his post-match
press conference at
Newcastle
last Saturday to accuse the Americans, each of whom owns a 50 per cent
stake in Liverpool FC, of failing to understand how the January transfer
window operates.
A
subsequent public climbdown from the Anfield boss was followed by a 4-1
win over
Porto
that keeps the Reds’ hopes alive of reaching the knockout stages of the
Champions League. Both events appear to have been enough to save the
Spaniard’s job at least for a while, though the spat conducted in the
media could make a scheduled December 16 meeting between Benitez , the
owners and club chief executive Rick Parry a decidedly frosty encounter.
Marches
through the streets of Liverpool there may have been last Wednesday before
the victory over Porto and a full-scale row between Hicks and Benitez has
been played out via the pages of the Liverpool Echo
but
69-year-old Gillett was showing no signs of angst himself this week as he
flew into New York City from his base in Vail, Colorado, to make a rare
public appearance.
Gillett,
through his Booth Creek Management Corporation, which he operates with
three of his four sons, owns a plethora of businesses including organic
food companies, car dealerships, ski resorts and, yes, professional sports
teams. His dealings once led him into bankruptcy, when in 1992 he fell
victim to a collapse in the junk bond market but his successes far
outweigh the setbacks. And from being a billionaire at 50, he has restored
his fortune to around to an estimated $250m in 2006.
A
former minority partner in the Miami Dolphins National Football League
team and one-time owner of the Harlem Globetrotters basketball team,
Gillett currently owns the National Hockey League’s Montreal Canadiens
ice hockey team in addition to his 50 per cent stake in Liverpool FC. But
he was in
New York
in his capacity as the new owner of the Gillett Evernham NASCAR team,
participating in a one-on-one interview in front of an audience of around
200 autosport industry executives at the 8th Annual Motorsports
Marketing Forum.
Gillett
declined to speak to the Mail On Sunday on the subject of Benitez and
Liverpool FC, stating politely: “I don’t do interviews, I let my
partner do all the talking,” referring to Hicks.
He
did admit, though, that he was looking forward to seeing the team play
their final Champions League group game in Marseille on December 11 before
heading to Merseyside for the monumental double header of owners versus
manager and Liverpool versus Manchester United the following Sunday.
But
while Gillett was giving nothing away on Benitez’s future his thoughts
on sports and team ownership that he shared during his Motorsports
Marketing Forum interview make interesting reading given the current
tensions at Anfield.
More
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Earthport (EPO) 27th March 2008
Announced Half year results to 31st December 2007,
Revenue increased 57% to
£1.1m , (2006 0.43m), Operating loss fell 40% to £1.1m (2006 Loss £2.4m),
Earnings per share -2.3p (2006 -7.5p),
£4m of equity raised
during the period
More
Earthport (EPO) 26th March 2008
announce that it is
collaborating with Adobe Systems, (ADBE.US) to develop and market a
secure trade financing solution as a product for the Financial Services
Community
More
888 Holdings (888) 25th March 2008
Announced a strategic agreement with NextGen Gaming , NextGen - a leading
game design studio specialising in developing and licensing interactive
wagering games for use on the Internet and land based gaming. It will to
offer some of its best performing titles such as Eastern Dragon TM and Dr
Love TM
More
Sportech (SPO) 18th March 2008
Announced Preliminary Results for the year ended 31 December 2007, Profit
before tax from continuing operations increased by 27% to £11.6m(2006
£9.1m), Earnings per share from continuing operations of 12.8p (2006:
12.8p,adjusted following share consolidation),
More
Cryptologic (CRP) 17th March 2008
Cryptologic announced WPT Enterprises (WPTE) will expand its Internet
casino offering, add Spanish and German language Internet pokerrooms
and extend its exclusive use of CryptoLogic software until at least
mid-2011.
More
Neteller (NLR) 18th March 2008
The Group has been made aware that
due to circumstances beyond its control there will be a delay of one month
in the closing of the sale by its subsidiary, NT Services Building Corp.,
of its principal property in Calgary, Canada, to Leben Investment
Corporation
More
888 Holdings (888) 13th March
2008
Announce UK and European launch of sports
betting offering, 888sport.com a pan-European sports betting offering,
developed with Blue Square, the interactive gaming and betting
division of Rank Group Plc. 888sport will be offered in five languages;
English, Spanish, German, Swedish and Danish
More
Rank (RNK) 13th March 2008
Blue Square a division of Rank Group Plc .announces the launch of
www.888sport.com a pan-European sports betting service developed and
marketed with 888 Holdings plc. The launch of 888sport.com, which marks
Blue Square's first move into
international markets, gives 888's customers access to Blue Square's
market
leading sports betting services under a 'white label' agreement
More
32 Red (TTR) 12th March 2008
Announced preliminary results for the year ended 31 December 2007, Gaming
revenue 16.36m (2006 14.44m), Loss before taxation £12.86m (2006 Loss of
3.74m) Earnings per share loss of 20p (2006 loss of 7p). French Casino and
Mobile Casino launched in February, Bingo imminent
More
Neteller
(NLR) 11th March 2008
Announced results to year ended 31
December 2007.
Total revenue
$84 million; European revenue grew
28% to $41.7 million, Asia Pacific grew 44% to $11.4 million, Loss
before tax of $185.7 million after US settlement of $136 million
More
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