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FCA-Renault deal hopes aid European shares

( ) – Strong Chinese export data and the U.S.-Mexico deal to avoid new import tariffs bolstered the mood on European stock markets on Monday, while car company shares also got a lift from signs of moves to revive Fiat-Chrysler and Renault’s merger.

The pan-regional STOXX 600 index rose 0.4% by 0805 GMT, with trading volumes thinned out by the Whit Monday holiday in Germany, Switzerland, Austria and most Nordic countries.

The auto sector gained 0.5% on signs that Fiat Chrysler Automobiles NV and Renault SA were looking for ways to resuscitate their collapsed merger plan and secure the approval of Nissan Motor Co.

Fiat Chrysler and Renault’s shares were both up about 2% after sources close to the companies told they were back in discussions on ways to revive the deal.

“We believe it is too early to talk about negotiations being re-opened,” Equita analyst Emanuele Gallazzi wrote in a note.

“Today’s news together with the hypotheses discussed in various press sources relating to alternative scenarios for FCA, including GM, Hyundai and Geely, keep high the speculative appeal of the stock.”

President Donald Trump on Friday retreated on last month’s shock threat of a 5% import tariff on all Mexican goods in exchange for moves on immigration, providing relief to investors worried that a second major U.S. trade dispute would drive the globa上海夜生活网l economy into recession.

“Markets are blowing small celebratory bubbles this morning,” Deutsche Bank analysts said in a note.

Trade tensions between the U.S. and China still lingered, with Group of 20 finance leaders saying that trade and geopolitical tensions have raised risks to improving global growth while stopping short of calling for a resolution of the conflict.

Adding to gains was some residual buying after weak U.S. nonfarm payrolls data on Friday that spurred hopes of the Federal Reserve cutting interest rates.

Concerns over the pace of growth in the world’s major economies drove a nearly 6% fall in European stock markets in May, their worst month in more than two years, but have been countered since by hopes of new stimulus from central banks to head off the threat.

Among other stocks, BAE Systems gained 1% on hopes of further deal making in the aerospace and defense space after United Technologies Corp agreed on Sunday to combine its aerospace business with U.S. contractor Raytheon Co, in what would be the sector’s biggest ever merger.

Thomas Cook’s shares jumped 15% after a report that Hong Kong’s Fosun Tourism was in talks to buy its tour operating business as the British group faces breakup after issuing three profit warnings in the past year.

Ferguson Plc fell 4% after the British plumbing products distributor’s third quarter revenue missed analysts’ estimates.

U.S. FCC chairman plans fast-track repeal of net neutrality: sources

WASHINGTON ( ) – The chairman of the U.S. Federal Communications Commission is moving quickly to replace the Obama administration’s landmark net neutrality rules and wants internet service providers to voluntarily agree to maintain an open internet, three sources briefed on the meeting said Thursday.

FCC Chairman Ajit Pai, a Republican appointed by President Donald Trump, met on Tuesday with major telecommunications trade groups to discuss his preliminary plan to reverse the rules, the sources said.

The FCC declined to comment but Pai previously said he is committed to ensuring an open internet but feels net neutrality was a mistake.

The rules approved by the FCC under Democratic President Barack Obama in early 2015 prohibited broadband providers from giving or selling access to speedy internet, essentially a “fast lane”, to certain internet services over others. As part of that change, the FCC reclassified internet service providers much like utilities.

Pai wants to overturn that reclassification, but wants internet providers to voluntarily agree to not obstruct or slow consumer access to web content, two officials said late Tuesday.

The officials briefed on the meeting said Pai suggested companies commit in writing to open internet principles and including them in their terms of service, which would make them binding.

It is unclear if regulators could legally compel internet providers to adopt open internet principles without existing net neutrality rules.

As part of that move, the Federal Trade Commission would assume oversight of ensuring compliance.

Three sources said Pai plans to unveil his proposal to overturn the rules as early as late April and it could face an initial vote in May or June.

Internet providers like AT&T Inc, Verizon Communications Inc and Comcast Corp have argued net neutrality rules would make it harder to manage internet traffic and investment in additional capacity less likely. Websites worry that without the rules they might lose access to customers.

AT&T and major trade groups sued the FCC in 2015 over the net neutrality rules.

Democrats and privacy advocates say net neutrality is crucial to keeping the internet open.

Pai in December predicted that net neutrality’s days were numbered. He told in February he believes “in a free and open internet and the only question is what regulatory framework best secures that.”

Pai and congressional Republicans have moved quickly to dismantle Obama-era telecommunications rules.

Trump on Monday signed a repeal of Obama-上海夜生活论坛era broadband privacy rules a victory for internet service providers and a blow to privacy advocates.

Politico Pro reported some details of the meeting with trade groups on Thursday.

Trump presidency to create high anxiety among Asian allies

TOKYO/SEOUL ( ) – Republican Donald Trump’s victory in the U.S. presidential election will deepen Asian allies’ anxiety about Washington’s commitment to post-war security arrangements in the face of a rising China and volatile North Korea, and could bolster calls from conservatives in Tokyo for a more robust defense policy.

Trump’s “America First” rhetoric and calls for allies to pay more of the cost for U.S. troops in the region or face their possible withdrawal have worried officials in some Asian capitals. So has his opposition to a 12-nation pan-Pacific trade pact that was a linchpin of Washington’s “pivot” to the region.

“We should expect dramatic changes in the security environment,” said South Korea’s ruling Saenuri Party floor leader Chung Jin-suk in parliament on Wednesday.

But he added: “In any case, there should not be any wavering in the Korea-U.S. military alliance, which has been the foundation of prosperity of this country.”

A Japanese government official, speaking before Trump clinched the election, urged the new president to send a reassuring message.

“The new president-elect should as soon as possible issue a statement reassuring the rest of the world that the strong commitment of the United States to its allies … remains strong and reliable,” said the official, who declined to be identified.

“We are certainly concerned about the comments (Trump) has made to date about the alliance and the U.S. role in the Pacific, particularly Japan,” the Japanese official said, although he added Trump’s policies might not match his rhetoric.

Trump has made several comments that disturbed Washington’s Asian allies, from insisting they must foot more of the two-way defense bill to suggesting it might be alright for Tokyo and Seoul develop nuclear arms capability.

FOOTING THE BILL

In an article criticizing U.S. President Barack Obama’s “pivot” to Asia as “talking loudly but carrying a small stick” two Trump advisors said he would beef up the U.S. Navy while asserting it was “only fair” that Seoul and Tokyo pay more for defense.

“There is no question of Trump’s commitment to America’s Asian alliances as bedrocks of stability in the region,” wrote University of California professor Peter Navarro and Alexander Gray, a former advisor to U.S. politician Randy Forbes, in the article, which appeared in the Nov. 7 edition of Foreign Policy.

The article also criticized the Obama administration for failing to halt China’s aggressive maritime activities in the East and South China Seas, where Beijing has territorial rows with several countries in the region.

Trump has called for more ships for the U.S. Navy. The “mere initiation of the Trump naval program will reassure our allies that the United States remains committed in the long term to its traditional role as guarantor of the liberal order in Asia”, the authors said.

Trump’s approach to the North Asia security alliances could spark calls in Japan for a more independent security stance, although serious talk of acquiring nuclear weapons is unlikely to emerge in the only nation to suffer atomic bombings.

“I think they will have more legitimacy,” said a Japanese diplomat, referring to those seeking a more robust security stance. “But the Japanese public is reluctant to go in that direction and we don’t have the capacity in terms of budget or (military) personnel.”

TPP NOT JUST TRADE

Asian allies who joined the 12-nation Tran-Pacific Partnership (TPP) trade deal, a linchpin of Obama’s Asia pivot, now fear the pact is dead, given Trump’s harsh opposition.

That has implications not only for trade, but security, since Washington and Tokyo had seen the TPP as way of creating a new regional rule-based architecture to counter China.

“TPP was not just a trade deal, it was the United States and Japan, together … these countries with shared values would create an advanced regional order with not just economic, but diplomatic and security implications,” said Toshihiro Nakayama, a professor at Keio University in Tokyo.

“It was a symbol of America being committed to the region.”

Singapore-based security expert Tim Huxley warned of a period of potentially destabilizing uncertainty ahead as the region waits for clearer strategic signs of precisely what a Trump presidency would mean for Asia.

“Unless Trump speaks reassuringly and soothingly about the continued U.S. presence and commitment to the region, I won’t be surprised to see long-held doubts awoken in the minds of many Asian leaders about the durability of the traditional U.S. role,” he said.

Policy-makers expect it will take considerable time for Trump to work out personnel appointments and get down to policy formation. Divisive U.S. politics could also slow things down. That could mean a worrisome vacuum, but also suggests no quick, dramatic changes are in store.

“It will take about half a year for Mr. Trump to firm up his foreign policies. He only has a transitio上海夜生活网n team of about 200 people and his first focus will be domestic policy,” said Masashi Adachi, head of the Japanese ruling Liberal Democratic Party’s foreign policy panel.

“I don’t think there will be a big change in his stance toward Japan. He has said the Japan-U.S. alliance is important. What he is talking about is details like increasing what Japan pays for U.S. troops in Japan,” Adachi added.

Billionaire Schwartz makes $2.6 billion bet on Canada’s WestJet Airlines

( ) – Billionaire Gerry Schwartz pounced on Canada’s WestJet Airlines on Monday as his private equity firm Onex Corp offered to buy the struggling airline for C$3.5 billion ($2.6 billion), betting it can turn around its recent decline by taking the company private.

The surprise offer for C$31 a share, a 67% premium to their closing price on Friday, sparked a surge in WestJet shares, which closed up 60% at $29.61. If completed, it would be the biggest private equity deal ever for an airline, according to Refinitiv data.

If Onex obtains shareholder and regulatory approvals, the deal would help Schwartz get his hands on an airline two decades after he missed out on buying Air Canada, WestJet’s bigger rival. Air Canada shares rose more than 5%.

WestJet shares, which touched a record high of C$34.95 in December 2014, have recently been trading at almost half that level. The airline has reported declining net profit for each of the last three years, hurt by rising fuel costs, pressure on ticket prices and other issues.

Even before the global grounding of Boeing’s 737 MAX jets in March, WestJet’s earnings had slipped as it worked to contain costs as its workforce unionized and was spending money on bold growth plans to expand international travel, introduce first class cabins and launch a budget carrier called Swoop.

Up to Friday’s close, WestJet shares had fallen 5.5% in the last 12 months while Air Canada shares gained 58%. American rival United Continental Holdings, the company that owns United Airlines, rose 28% in the same period.

“The ‘why now?’ is valuation,” said AltaCorp Capital analyst Chris Murray.

Onex, founded in 1984 by Schwartz who started out at Bear Stearns & Co in the 1970s, approached WestJet’s board in March. Neither Schwartz, nor any other Onex executive was available to comment.

WestJet Chief Executive Ed Sims said on BNN that the deal will allow the company to execute on its long-term growth strategy without the constraints of quarterly scrutiny. It is “a reaffirmation that the path we’re on is actually a path towards long-term profitability irrespective上海夜生活网 of the sort of headwinds that you refer to that we saw regularly in 2018.”

LONG HISTORY

With about $31 billion of assets under management, Onex is not new to investing in the aerospace industry. It bought Spirit AeroSystems from Boeing Co in 2005 and exited its investment in 2014 after making $3.2 billion.

Under Schwartz, who remains CEO, Onex tried to buy Air Canada in 1999 and merge it with now defunct Canadian Airlines, but that attempt failed. Onex shares closed up 4% in a broadly lower market.

Air Canada Chief Executive Calin Rovinescu declined to comment on the Onex deal, telling “it’s business as usual,” on the sidelines of the Air Transport Action Group conference in Montreal.

The Onex bid follows a deal last week where low-cost Latin American airline Viva Air received a $50 million investment from U.S. capital fund Cartesian Capital Group that it will direct toward expansion.

And the parent company of Montreal-based Air Transat has said it is in talks with more than one party regarding a potential transaction, although it is not yet clear what group might buy it.

Onex could “ultimately look” to also acquire Transat to “complement WestJet’s offering,” wrote Desjardins analyst Benoit Poirier in a note to clients. Transat AT stock was up 4 percent in afternoon trading.

The WestJet purchase will be led by Onex Partners, Onex’s private equity platform focused on larger investments. The airline’s board has urged shareholders to vote in favor.

The deal is subject to a number of conditions, including court and shareholder approval and receipt of certain regulatory approvals, including under the Canada Transportation Act.

In Ottawa, Federal Transport Minister Marc Garneau said at first glance the proposed takeover looked fairly standard in terms of an acquisition.

“I am not going to prejudge until I see the details whether there are any regulatory obstacles – at first glance it doesn’t seem to be anything special,” he told reporters.

NO CHANGE TO ‘COMPETITIVE LANDSCAPE’

Alberta’s Premier said on Monday that WestJet and Onex have assured him the carrier’s headquarters will remain in Calgary after the deal.

Chris Rauenbusch, president of the union local representing WestJet flight attendants, said he supports the deal after being informed by company executives that it would not lead to any layoffs among the carrier’s 14,000 employees, while permitting the continuation of its growth strategy.

“We do not believe this transaction dramatically alters the competitive landscape, at least negatively,” Canaccord Genuity analyst Doug Taylor said.

A spokesman for Delta Air Lines said the proposed transaction does not impact plans to implement a U.S-Canada trans-border joint venture with WestJet.

The deal, which has a value of $5 billion including debt, is expected to close in the latter part of this year or early next year.

CIBC Capital Markets and BofA Merrill Lynch were the financial advisers to WestJet, while Barclays, Morgan Stanley and RBC Capital Markets advised Onex.

Wall Street weekahead: U.S. funds focus on media stocks, banks to find value as mid-caps rally

NEW YORK ( ) – The S&P 400 Mid-Cap index has surged to its best start to a year since 1991, both rewarding fund managers and forcing them to work harder to seek out bargains in a group that is now the most expensive part of the U.S. market based on their historical averages.

The rally in mid-cap stocks – companies with a market valuation between $2 billion and $10 billion – has come during a broad rally in global stock markets as investors price in a resolution in the trade talks between the United States and China and fewer interest rate hikes by the Federal Reserve.

Mid-caps are up 14 percent for the year to date and sport an average price-to-earnings ratio of 16.9 times forward earnings, for their highest valuation premiums to small-cap stocks since 2017, according to Bank of America Merrill Lynch research.

Yet fund managers from Janus Henderson, Hotchkis & Wiley, and Fairpointe Capital are among those who are still finding values by concentrating on financial, energy and media stocks and eschewing the high-priced real estate investment trusts and utility companies that make up nearly a fifth of the benchmark index.

“The window for the big bargain bin was the fourth quarter and that was about it,” said Kevin Preloger, a portfolio manager of the $3.3 billion Janus Henderson Mid Cap Value fund. “We’re looking for companies that have good balance sheets and good cash flow, but the tough part is reasonable valuations.”

Preloger’s fund i上海夜生活网s finding them in financial companies such as M&T Bank Corp and Hartford Financial Services Group Inc that are increasing their stock buybacks at the same time they have been beating analysts’ earnings expectations. Shares of M&T, for instance, are up 20.8 percent since the start of the year and trade at a forward price-to-earnings ratio of 11.8.

“Financials are the cheapest sector in the space, and their earnings are also growing,” Preloger said.

Stanley Majcher, a portfolio manager of the $1.4 billion Hotchkis & Wiley Mid-Cap Value fund, is buying into overlooked financial and energy stocks because he considers them less risky than utility companies or REITs with higher valuations.

“Energy is very out of favor and there’s a perception that it’s a risky business because oil prices are likely to be low for a long period of time because of the market share war between OPEC and the U.S.,” he said. “But we see low volatility of demand and more discipline on the supply side.”

Among its largest holdings, Majcher’s fund has several energy companies, including Whiting Petroleum Corp, Kosmos Energy Ltd and Ophir Energy PLC, according to Morningstar data, with mixed results for the year to date. Shares of Whiting are up 12.4 percent year-to-date, while shares of Ophir are up nearly 53 percent over the same time.

Thyra Zerhusen, a portfolio manager of the $2.6 billion AMG Managers Fairpointe Mid Cap fund, said her fund is finding opportunities in media stocks such as broadcast company Tegna Inc, which was spun off of Gannett Co, magazine and local broadcasting company Meredith Corp, and New York Times Co, all of which should see a significant boost in revenues from the 2020 presidential and congressional elections, she said.

“With everybody running for president, the political advertising goes to these smaller market stations. Newspapers are almost non-existent now,” except for the New York Times, which continues to grow its digital subscriptions, she said.

She is also adding opportunistic positions in companies such as Westinghouse Air Brake Technologies Corp, which completed its merger with the transportation unit of General Electric Co on Feb. 25. Shares of the company are up 2.9 percent year-to-date, and remain 35 percent below where they were trading six months ago.

“We’re trying to add stocks where there may be a short-term problem hitting the share price but the long-term outlook looks okay,” she said.

METALS-Copper steady as economic concerns jostle with China demand hopes

* LME copper stocks 30 pct below levels last August

* Zinc stocks d上海夜生活own nearly 80 percent since August

* GRAPHIC-2019 asset returns: tmsnrt.rs/2jvdmXl (Updates with official prices)

By Pratima Desai

LONDON, March 18 ( ) – Copper prices held steady on Monday, bolstered by expectations of seasonally strong Chinese demand in the second quarter and low stocks but capped by concern over the impact of continuing trade tensions on the global economy.

Benchmark copper on the London Metal Exchange closed little changed at $6,425 a tonne, down 0.1 percent, with prices having traded in a $200 range since the middle of February.

“The second quarter is normally the strongest in terms of physical activity; stocks are low and supply tightness is evident in metals like copper,” said Societe Generale analyst Robin Bhar.

“Our concerns would be the macro overlay, slowing global growth and the unresolved U.S.-China trade dispute.”

CHINA: China accounts for about half of global demand for industrial metals, which increases in the April to June period because of restocking ahead of rising construction activity in the second quarter.

TRADE: Investor sentiment on trade has see-sawed on rumblings coming out of the negotiations between the world’s two biggest economies after the imposition of tit-for-tat tariffs.

“The uncertainty over U.S.-China trade could be decisive for industrial metals in the short term,” ANZ analysts said in a note.

“We see renewed supply issues in some of the metals, copper and zinc, which could widen the market deficit. This leaves little room for replenishing depleted inventories.”

STOCKS: Copper inventories of 183,825 tonnes in LME-approved warehouses are up from less than 112,000 tonnes last Tuesday but still more than 30 percent below levels last August. MCUSTX-TOTAL

Higher stocks have shrunk the premium for the cash contract over three-month copper to about $30 a tonne from $70 in early March. CMCU0-3

ZINC: Stocks of zinc under LME warrant are down nearly 80 percent since August to less than 60,000 tonnes, creating a large premium for the cash contract over three-month metal. MZNSTX-TOTAL The premium was last at $50 a tonne. CMZN0-3

In contrast, stocks in warehouses monitored by the Shanghai Futures Exchange have climbed above 124,000 tonnes from around 20,000 tonnes at the end of last year. ZN-STX-SGH

Combined with an estimated 80,000 tonnes of zinc stocks in bonded warehouses in Shanghai, that takes the total in China to more than 200,000 tonnes.

PRICES: Aluminium closed 1.2 percent up at $1,920.50 a tonne, zinc dipped by 0.3 percent to $2,781, lead slipped by 1.1 percent to $2,040, tin added 0.5 percent to $21,175 and nickel firmed by 0.1 percent to $12,950.

Preview: RB Leipzig – Hamburger SV

Flashscore presents the key facts before the match:

Hamburger will definitely look for the win, in order to have a good start under their new manager, Bernd Hollerbach.

RB Leipzig have been highly-inconsistent since the start of the new season, falling short of the high expectations they set up last year. Their disappointing 2-1 loss to Freiburg last weekend simply came to show the problems in the team, who have won just one out of their last six Bundesliga games ( W1, D2, L3 ).

Hamburger, however, are not in a bright spot either. They are deep in the relegation zone with just 15 points after 19 games. They have lost their last four Bundesliga games.

Hamburger’s last win came in November. Only bottom-placed Cologne have lost more league games than Hamburg so far (12).

Players to watch: Timo Werner has scored three goals in the last three games between the two sides. Will he be able to add more ?Four-goal hero Gnabry’s father banned him from joining Bayern Andrew Smyth – Bayern Munich’s four-goal hero Serge Gnabry revealed that his own father initially banned him from signing up for the club as a 10-year-old.

Missing players:

Hamburger: Ekdal A. (上海夜生活论坛ankle injury), Muller N.(knee injury).

Under question:

RB Leipzig: Coltorti F.(Muscle Injury), Forsberg E.(Injury), Halstenberg M.(Hand Injury), Keita N.(Thigh Injury).

Hamburger: Hunt A.(Injury), Thoelke B.(Injury).

Zidane annoyed by Kepa’s situation

Zinedine Zidane, the Real Madrid head coach, spoke about his side’s failed transfer talks with Kepa Arrizabalaga as the young Spaniard decided to sign a new contract with Athletic Bilbao instead of moving to Madrid.

The Frenchman coach said that he is “annoyed” by the rumours saying that he won some kind of an internal battle and he decided not to sign this young and talented keeper. Arrizabalaga admitted that he was annoyed as well by the long negotiations and he decided to sign a new deal with his current club which will end in 2025.上海夜生活

The French coach spoke about this transfer saga as he said, according to ESPN: “In June any player can come to Madrid, if the club’s strategy is to change something, along with the coach. But my idea and that of the club too as we are all together here was to not change many things. I get annoyed when I hear comments saying I have won [an internal battle]. The important thing for me is to protect my squad, the players here are those who concern me. But I have nothing against Kepa or any other player.”Top 5 Real Madrid players who are succeeding on a loan Tomás Pavel Ibarra Meda – We need to talk about the Top 5 Real Madrid players who are currently succeeding away from the club and are currently on a…

He continued by adding that Ronaldo’s reaction after his facial injury was understandable: “Cristiano wanted to know whether the cut was very deep or not. I am saying exactly what he told us in the dressing room. The doctors stitched it up and today he was back. If he is training with us, with his eye like this [swollen] it shows how important it is for him to be on the pitch.”

In the end, Zinedine Zidane claimed that he is happy that he can rely on Isco: “Isco will always have an important role here, whether I am coach or not. I have always shown my confidence in him, he can be a decisive player. That will not change. He did not get any time [before Christmas] against Barcelona, although that was not the plan. Isco can play in many positions, in a 4-3-3 he can play up front, as he has done before, or in midfield. So there is no problem.”

Gerrard’s remarkable managerial record

The Liverpool legend recently returned to the club as a coach in the youth formations and his record as a manager is more than impressive.

The Reds icon Steven Gerrard ended his career in the MLS before returning to Anfield in a different position from what most fans are used to seeing him. Steve G took on a coaching role in the youth system of the club in February 2017, trying to inspire and help youngsters develop and hopefully advance to the first team of Liverpool.

Even though Gerrard is relatively new to the profession, his record as a manager is quite impressive. After 21 games with the Under 18 formations, the Reds have topped the U18 Premier League, finished first in their U19 UEFA Youth League Group and lost just one game ever since his arrival.

Speaking to the club’s website ab上海夜生活论坛out the team he is leading, Gerrard revealed:Leicester boss Brendan Rodgers relishing Liverpool return Andrew Smyth – Brendan Rodgers is relishing Leicester City’s trip to his old club Liverpool, whom he described as a “privilege” to work for during his three-year stint.

“Credit to the lads, they have created an atmosphere and a spirit in the group where they are hard to beat, and the reaction and response to going a goal down was superb.

“They showed unbelievable character to come back, not just to equalise but to go on and win it in the way we did, the players deserve every single bit of credit.

“I thought my performance today was poor and I got certain things wrong as the game went on but the players bailed me out and I thought they were superb.”

Bernardo Silva comfortable with City rotations

The Portugal international is not a regular starter at the Etihad Stadium, but insists he enjoys life in England.

Manchester City midfielder Bernardo Silva is adamant he has no issues with the constant rotations at the Citizens. The 23-year-old joined Pep Guardiola’s team in the summer transfer window from AS Monaco in a £43.5m move.

Even though City paid a serious amount for his services, the Portuguese has not been part of the starting XI on a regular basis, mostly appearing as a substitute. Silva has started only five Premier League games so far, but insists he is happy to be involved with the Citizens squad and their project.

“It’s fantastic to be part of this group, and to be part of a team that wins so many games in a row and has been so successful so上海夜生活论坛 far.“ the 23-year-old told ESPN Brasil.Opinion: Martin Odegaard is perfect for the Premier League Tomás Pavel Ibarra Meda – Given how much he’s been rejected by Real Madrid, we are convinced that Martin Odegaard is perfect for the Premier League.Martin Odegaard is finally…

“The atmosphere in this club at the moment is fantastic, and like I said, it’s great to be part of this team.”

“We still have a game before the New Year, so we still have a game on the 31st against Crystal Palace. ” he added.

“Of course that’s a good difference. But in football everything is possible, we have to keep winning to keep the distance and not give a chance for our rivals to approach.” Silva concluded, urging his team-mates to not relax.

Lingard wants to make sure that Manchester will be red

The Manchester United youngster, Jesse Lingard, tried to boost the confidence of his side before the upcoming derby clash against Manchester City by saying that the city has to be red after that fixture.

The young winger insisted that he can’t see any reason why his Red Devils can’t beat the league leaders at home and start chasing them – the Citizens are now eight points ahead of their rivals but the title race is still far from being over. Jesse Lingard seems to be highly motivated for that clash and he wants to do his best to help his side in their effo上海夜生活rt to minimize the deficit in the Premier League table.

The Englishman spoke about the upcoming game as he said, according to Goal: “I am confident. It’s two great teams going out there and you don’t know what the game is going to be like. It might be a battle; it might not be pretty. But if we come out on top, it’s always good for the city of Manchester. We need to make sure that Manchester is red at the end of the day. Like us, they have lots of big players.”Solskjaer “very pleased” after another failure to win George Patchias – Ole Gunnar Solskjaer said he was “very pleased,” even though United failed to win yet again.It is now ten games on the road since…

He added that Manchester City are very strong and he pointed out two specific key players: “When [Kevin] De Bruyne’s on the ball, he’s always got that eye for a killer pass that can put a player one-on-one with the keeper, and Raheem Sterling’s been popping up with the late goals.”

In the end, Jesse Lingard claimed that he will forget his friendships with the opposition players for these 90 minutes: “You know quite a lot of them [City’s Academy players] growing up, and through the England set-up as well. I’m good friends with Raheem [Sterling] off the pitch. But when you’re on the pitch, there are no friends and we’re there to do a job and win the game.”

Muller continues the attacks on Ancelotti

Carlo Ancelotti has left Bayern Munich after multiple players complained about his methods.

After the appointing of Jupp Heynckes, some of Bayern’s players are still hitting out at their former manager. Most recently, Thomas Muller stated that he is certain the arrival of Heynckes will bring a revival in the team’s playing style.

The German midfielder was, along with Franck Ribery and Arjen Robben, decisive for the departure of Carlo Ancelotti, after the 3-0 defeat to PSG in Champions League.Report: Ancelotti’s Napoli held by Genk George Patchias – Carlo Ancelotti’s Napoli side was held to a scoreless draw by Belgian side Genk.This game was billed as a goal fest for the Italian…

Immediately after the appointing of Heynckes, one of the first reactions of Muller was: “Finally we will have good training sessions again”, hinting at the low quality of trainings under Ancelotti.

Speaking about the managerial change, Thomas Muller said: “Now we have no excuses. A change of manager always brings energy and we, the players, have to give everything. Both Jupp Heynckes and his staff came with a lot of energy to trainings from the beginning.” 

Bayern’s first match 上海夜网with Heynckes on the bench is to be played on Saturday, 15:30. The Bavarians will host Freiburg at Allianz Arena. Bayern are currently second in the standings, with 14 points after 7 rounds, five less than Bundesliga leaders, Borussia Dortmund.

Preview: Inter – Atalanta

Inter are fourth in Serie A, five points behind leaders Napoli and they will be looking to close the gap today, as they host 10th-placed Atalanta.

Flashscore presents the key facts before the match:

Sunday’s late game features 2 sides with different aspirations this season. Atalanta will be looking to improve on their current 10th place standing (16pts) in their quest to qualify for Europe again, w上海夜生活论坛hile 3rd placed Inter (30 pts) are having their best season in many years and can once again dream of Scudetto glory. These sides first met in Serie A in the 1937/38 season.

Inter are unbeaten in Serie A this season and have undoubtedly benefited from a lack of European football. Inter have scored at least 1 goal in all but one of their 12 games this season, and that game was a 0-0 away to league leaders Napoli.

Mauro Icardi has been in fine form for Inter this season, racking up 11 goals (joint 2nd in Serie A), although he has failed to score in his last 2 games. He actually scored a 10-minute hattrick last season against Atalanta in a 7-1 romp.

Inter drew their last game 1-1 at home to Torino, but the last time they drew 2 consecutive home games was back in April ’15 (part of a 3-game streak) – a run of 48 games.

The team from the San Siro top the corner charts in Serie A with an average of 12.83 corners per game, which is also the second highest in Europe’s major leagues.Report: Lukaku out of Barcelona game George Patchias – Romelu Lukaku has been ruled out of Inter Milan’s game against Barcelona at the Camp Nou.Inter Milan face Barcelona tomorrow evening at the Camp…

Atalanta are playing European football for the first time in 27 years this season and currently sit top of their Europa League group. They have an important game away at Everton on Thursday and their Serie A form (no win in the last 2) has undoubtedly suffered due to their focus on Europe.

Along with Chievo, Atalanta have a symmetrical record of 4 wins, 4 draws and 4 defeats this season. They are yet to win away this season (D2 L3) and have lost on their last 3 visits to Inter.

On balance, you are more likely to see second-half goals in this game. Both teams have scored 9 goals in the first half of their Serie A matches this season. Inter have gone on to score another 14 in the second half of their games while Atalanta have managed 10.

Missing players

Inter: Z. Vanheusden (knee injury), A. Pinamonti (doubtful).

Atalanta: R. Freuler (red card), L. Spinazzola (muscle injury), J. Schmidt (doubtful).

Emre Can to leave Liverpool

According to Jurgen Klopp, Liverpool should accept the fact that Emre Can might leave the Reds next summer

According to GOAL, the Germany international’s contract expires at the end of the season and there is interest from Juventus and Bayern Munich.

Liverpool head coach Jurgen Klopp says losing a player due to a pre-contract agreement with another team is a “part of football”. The Reds are yet to agree on a contract extension with the midfielder, if they want to.

Even though Can’s contract expires in June 2018, the 23-year-old can start negotiations with other clubs in January, six months prior to his possible departure from Anfield.

Juventus have shown interest in the central-midfielder earlier, and the Turin side have been tipped now, with speculations saying Can may join the Italian side.

Furthermore, Bayern Munich head coach Jupp Heynckes praised the qualities of the youngster during a press conference 上海夜网on Friday, which again led to speculations about Can’s possible transfer move to Germany.Ronaldo opens up about retirement plans Nedim Maric – Cristiano Ronaldo is still playing at a top-level even at 34 years of age.Juventus is looking to end the 23-year-old drought of not winning…

“Emre Can is a good boy, he has developed very well, is dynamic and powerful,” Heynckes said.

Jurgen Klopp said everything is okay, and the midfielder doesn’t show signs about being bothered by his possible transfer.

“As long as Emre doesn’t give me one sign that his mind is somewhere else then I don’t have to talk about this. Everything is okay from my side, but nothing new.”

“It’s part of football. If it happens, we can’t change it,” the coach said about the possibility of Can leaving.

Klopp concluded the topic by saying Liverpool have to accept it if Can leaves, since it is a normal situation in football.

“We have to accept even an ending contract. There are two sides who could have done different. One is the club, the other is the player. It is a normal situation.”

Abidal hopeful that Mbapp\u00e9 will win the Ballon d’Or

The former Catalan has backed up the youngster, insisting he has the potential to win the award in the future.

Former Barcelona full-b上海夜生活网ack Eric Abidal is hoping that Kylian Mbappé will become the best footballer in the world. The 18-year-old has established himself as one of the most promising footballers of our generation, scoring 26 goals during a remarkable campaign with AS Monaco last season. He has also reached the final 30 nominees for the Ballon d’Or award this year, but will likely not win the competition with Ronaldo and Messi being the favourites as usual.

However, Abidal has recognized the enormous talent of Mbappé and says he will be rooting for this fellow countryman to win the most prestigious individual award one day.

“Yes he can,” said Abidal when asked whether Mbappé could become one of football’s greatest players, according to Goal.Neymar keeps winning matches for Paris Saint-Germain Tomás Pavel Ibarra Meda – Another solitary goal from Neymar gave Paris Saint-Germain the victory at Bordeaux on Saturday. Mbappe played football again.With this latest goal against Bordeaux, that…

“But I can say also he has to, because he has a lot of talent.

“He is only 18-years-old. PSG have hired one of the best players of his age so he deserves a good career. But he has to work. Talent is not enough, you have to work every day.

“And with Neymar and other good players around him he has to learn from them.

“I’m French and he’s French too so I hope in a few years he wins some titles with his club and maybe in a personal capacity too, like a Ballon d’Or.”

Ballon d’Or shortlist announced

The list of nominees for the prestigious award has been announced throughout the day.

France Football, the publication that awards the trophy has already announced the 30 names on the shortlist for this year’s award. The Ballon d’Or trophy was previously affiliated with FIFA, for the period 2010 to 2015, but since then, it has returned to the French publication.

For the past nine years, either Lionel Messi or Cristiano Ronaldo have picked up the trophy. Ronaldo won his fourth Ballon d’Or last year and therefore moved just one behind Messi. The odds are favouring the Portuguese to equal the record of Messi and win his fifth this year.Top 5 most incredible snubs from football awards in 2019 Tomás Pavel Ibarra Meda – Even though award season still hasn’t finished, we need to talk about the Top 5 most incredible snubs from football in 2019.Every year we…

After FIFA and France Football ended their collaboration in 2015, the trophy is now awarded based solely o上海夜生活n the votes of a panel of journalists, who will have to choose between the 30 finalists.

The 30 names shortlisted for the Ballon d’Or 2017 are:

Pierre-Emerick Aubameyang (Borussia Dortmund) Karim Benzema (Real Madrid) Gianluigi Buffon (Juventus) Edinson Cavani (PSG) Philippe Coutinho (Liverpool) Kevin De Bruyne (Man City) David de Gea (Man Utd) Paulo Dybala (Juventus) Edin Dzeko (Roma) Radamel Falcao (Monaco) Antoine Griezmann (Atletico Madrid) Mats Hummels (Bayern Munich) Harry Kane (Tottenham) N’Golo Kante (Chelsea) Toni Kroos (Real Madrid) Robert Lewandowski (Bayern Munich) Sadio Mane (Liverpool) Marcelo (Real Madrid) Dries Mertens (Napoli) Lionel Messi (Barcelona) Luka Modric (Real Madrid) Neymar (PSG) Jan Oblak (Atletico Madrid) Sergio Ramos (Real Madrid) Luis Suarez (Barcelona) Eden Hazard (Chelsea) Cristiano Ronaldo (Real Madrid) Leonardo Bonucci (AC Milan) Kylian Mbappe (PSG) Isco (Real Madrid)

Frustrated Sanchez lashes out at the press

The Chilean was having none of it following  a huge blow on his country’s chances to qualify for the 2018 World Cup.

Alexis Sanchez was highly upset with journalists following Chile’s 1-0 defeat to Bolivia in South America’s qualifiers for the World Cup.

The Arsenal player has had a horrible summer after his desired move to Manchester City fell apart and now Chile has suffered to defeats, which significantly lowers their chances of making it to Russia next year. The 28-year-old took it to social media to express his frustration with the situation.

“And there comes the time when you get tired,” he said on Instagram.

“You get tired when you are criticised with or without reason, you get tired when people want to see you defeated.Antonio Conte determined to find Alexis Sanchez’s brilliance Andrew Smyth – Antonio Conte is on a mission to help Alexis Sanchez rediscover his old brilliance, and promised the Inter Milan loanee more game time.

“You get tired to tell yourself ‘I will get up again’ after crying about a defeat, and you get tired telling the world and the people that are with you that everything is okay.

“And the worst thing is, no one ever realises how that makes you feel… I have Chile’s number 7 and it is a huge responsib上海夜生活网ility, that’s why it is a shame that journalists and bad people criticise without knowing.”

Iniesta denies Barcelona contract extension

The Spain international said the statement made by Barcelona‘s president claiming that t上海夜生活论坛erms have been reached is false.

Things are certainly not looking bright at Barcelona as Iniesta denied the claims made by the Catalans president Josep Maria Bartomeu saying terms have been reached. The club president recently said to Mundo Deportivo that Iniesta agreed terms about a contract extension and the deal should be finalised in the near future.

However, Andrés Iniesta has now come forward to disagree with that, simply adding up to the crisis within the Catalans.

“We already have a principle of agreement to renew and we hope to finalise it in the coming weeks,” Bartomeu told Mundo Deportivo when asked about Iniesta’s future.

“We are waiting these days to continue talking but Iniesta is a player that we want to retire here, and to retire when he thinks he wants to retire.

“The idea is to have an indefinite contract where he automatically renews from year to year until he thinks he can retire or change.”Griezmann and Neymar questions infuriate Valverde George Patchias – Questions about the Antoine Griezmann fine, and the Neymar court case, infuriated Ernesto Valverde at his pre-match press conference.Barcelona and Ernesto Valverde face Getafe…

Despite those claims, Iniesta has denied those claims when asked by reporters if he has extended his contract, according to sports reporter Ignacio Miguélez.

Iniesta on arrival at Barcelona airport; -Can you confirm the principle of renewal agreement announced by Bartomeu?” -No

Spalleti happy with his current squad

The Italian coach insists he has ‘a perfect squad’ at his disposal.

Inter head coach Luciano Spalletti believes the team he is managing in great and promised they would show that. Despite a rather quiet transfer window for the Nerazzurri, their manager is more than happy with the players he is currently working with.

“We expected a different transfer market it’s true,” Spalletti confessed in an interview with Gazzetta dello Sport.

“I was convinced I could cook with certain ingredients. No上海夜生活论坛w though I’m 100 per cent satisfied.

“When I said at Riscone that promises had been made and I’d speak out if they weren’t kept the transfer window wasn’t over and above all I still didn’t know all the players.Fabio Capello stands up for Antonio Conte, compares him to Mourinho Nedim Maric – Former Italian manager talked about the current prospects of Serie A, and Conte’s success at Inter so far.Inter look like a different team with…

“The quality of the lads is very high, I’ve found them to be available, motivated, and true professionals.

“Being a professional means having expertise and passion for what you do, and 55-60,000 people will come to the stadium on Sunday because they’re convinced by what the lads have done so far.

“We’re starting 29 points down on Juve, 25 on Roma and 24 on Napoli, so we need seven or eight more wins in the league [than last season].

“Everyone has to improve but I have a perfect squad, and we’ll show you. We signed people who fit the bill.”

Dybala is content to remain

The Argentine international has been linked with a potential move to Barcelona as a replacement for Neymar.

Paulo Dybala insists he is happy at the Old Lady amid speculations about his future, but the decision is not his to make.

The Argentina international has been named replacement for Neymar at Camp Nou, should the Brazilian join Ligue 1 giants Paris Saint-Germain.

The 23-year-old Dybala joined the club from Turin in 2015 and has impressed with his performance ever since. He has won the Scudetto twice and assisted the team in reaching the Champions League final last season.

Speaking to the club’s website, the Argentine said:Higuain happy to be reunited with Ronaldo at Juve George Patchias – Gonzalo Higuain and Cristiano Ronaldo have been reunited at Juventus after playing at Real Madrid together six years ago, and Higuain is happy about…

“I’m happy here,” he was quoted as saying by the club’s website.

“I’m fine with Juventus, I’m going to train at my best to make it a gr上海夜生活eat season.

“If an offer comes in, the club will notify me and they’ll tell me if they want to accept or not. First it depends on the club and then on me.”

The player still has a contract with Allegri’s side until 2022. He scored 19 goals in 48 appearances for Juventus last season and is deemed one of the greatest talents in Europe.