Montgomery quits Mecom

first_img Tags: NULL whatsapp Montgomery quits Mecom KCS-content whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com DAVID Montgomery, the media entrepreneur and former head of Mirror Group Newspapers, yesterday announced his intention to retire from Mecom, the group he founded to exploit the integration of a number of European newspaper titles.Montgomery’s decision to retire in January follows pressure from a number of the company’s leading shareholders who wanted him to go. The shareholders have argued the group should concentrate on its Dutch assets and invest less in some of the other properties and possibly sell them if it could attract the right price.It was unclear yesterday who would take over from Montgomery. Prior to yesterday’s announcement, the dissident investors had been proposing Patrick Tillieux, a former chief executive of the Scandinavian broadcaster SDS.Mecom said its board would conduct a search to find the person best to succeed Montgomery. It said Montgomery had decided to leave following “pressure from certain shareholders”, without elaborating.Montgomery slashed costs and jobs as he sought to drive his local-newspaper businesses in the Netherlands, Denmark, Norway and Poland into the digital age in the face of the industry’s worst-ever recession.In July, the company posted a 48 per cent leap in first-half operating profit and a two per cent fall in revenue. Jonathan Barrett of Singer Capital Markets says the Mecom founder would have undoubtedly preferred to have been given longer to improve the group’s fortunes. He said: “I am sure he would rather have seen more of his plans being executed.” Show Comments ▼ Thursday 9 September 2010 8:38 pm Sharelast_img read more

Cattles rescue talks collapse

first_img TALKS aimed at restructuring beleaguered doorstep lender Cattles broke down yesterday as the company’s bondholder creditors walked away from the discussions. The company issued a statement to the stock market in which it said it would continue discussions with those creditors that remained in order to find a solution. The bondholders own around one third of the nominal value of the lender whose shares were suspended in April 2009 at 6.88p having traded at over 200p the year before. The collapse in share price followed the revelation that the lender’s bad debts had been incorrectly reported. That led to Deloitte being called in to conduct a full scale audit. Seven directors were removed with immediate effect and the chairman and chief executive resigned.The lender was then forced to close its doors to new business while restructuring negotiations took place.In June this year Cattles announced that one of the options being discussed with its creditors was a proposal under which shareholders would be offered 1p per share in the newly incorporated company.Cattles said it still believed “that it remains in the interests of all parties to reach an agreement.” The biggest problem its creditors face is the fact that the lender owes more to them – £2.4bn – than it is owed by its own customers. While the bondholders could put the company into administration they would face an uphill struggle to recover any of the money owed to the lender by customers if the company ceased to exist, possibly one reason why they have not done so yet. More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com Cattles rescue talks collapse Wednesday 15 September 2010 8:20 pm KCS-content Show Comments ▼ whatsapp Share whatsapp Tags: NULLlast_img read more

Xerox beats forecasts but will cut jobs

first_img Show Comments ▼ whatsapp Xerox beats forecasts but will cut jobs Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Tags: NULL whatsapp Thursday 21 October 2010 8:41 pm Share KCS-content OFFICE equipment giant Xerox posted higher-than expected quarterly profit yesterday, but warned it would cut 2,500 jobs over the next year as part of a restructuring linked to an acquisition in 2009. Sales at US-based Xerox climbed 48 per cent to $5.43bn (£3.46bn) thanks to its purchase of Affiliated Computer Services. Without last year’s acquisition, revenue rose two per cent. The company said there was growth of 13 per cent in equipment sales and that new signings for service contracts rose 26 per cent, suggesting to analysts that businesses are spending again on office equipment.The job cuts will come in the manufacturing and supply chain, back office and R&D operations, the firm said yesterday, and will contribute to a $400m restructuring charge this year. Shares in Xerox closed up 1.1 per cent at $11.21 in New York trading. last_img read more

Retail sales hit by tax and inflation

first_imgThursday 21 October 2010 9:09 pm Retail sales hit by tax and inflation Share THERE is a simple reason why retail sales are beginning to fall, and it has very little to do with the Comprehensive Spending review. A triple whammy of limited pay rises, elevated inflation and tax increases have conspired to impoverish most of the public over the past year, a development that has been barely picked up in Westminster and by the media. In those circumstances, it was always going to be the case that people would have less money to spend – hence why retail sales fell for the second month in a row in September, by 0.2 per cent. Take pay rises. Total earnings are up just 1.7 per cent over the year; private sector workers have seen pay rises of just 1.2 per cent. Few companies can afford to be generous in this uncertain environment, characterised by a spike in input costs; fortunately, employees have been understanding and cooperative.Yet inflation on the retail price index – the broadest measure of inflation, including mortgages – is running at 4.6 per cent per cent a year. Even the consumer price index, the official measure of inflation, is now at 3.1 per cent. It gets worse: the tax and price index, the best cost of living measure – albeit one which nobody seems to pay attention to any more – which also takes account of direct tax and national insurance increases, is running at a whopping 5.1 per cent a year, according to the Office for National Statistics. Ian Stewart, chief economist at Deloitte, kindly agreed to crunch the numbers: he discovered that real average take-home started to fall in December 2009 and has been collapsing ever since. Over the past 12 months, the value of an average pay packet after retail price inflation and direct tax is down a crippling 3.4 per cent. Private sector workers have suffered an almost unprecedented pay cut of 3.9 per cent; public sector staff of 2.2 per cent. The last time folk were being squeezed as much by inflation and tax hikes was in 1982. This decline in real take home pay is the real reason why many voters are feeling subdued, the primary reason why consumer confidence is falling, why the housing market is going south again and why so many people are convinced we are still in recession. Joe Public feels betrayed, for another reason: the establishment doesn’t seem to be taking seriously his main concern – the soaring cost of living. The media, economists and the establishment largely support further quantitative easing, a move which many hard-pressed wage earners and savers feel will see a further debasement of the currency (they are not necessarily right, as it happens, though I agree it would be wrong to engage in further QE). Yet, as these figures show, there is no threat of deflation, the disease that QE is meant to cure, merely the increasing reality of a quasi-1970s-style stagflation, with weak but positive growth combined with high price rises. No wonder populist newspapers are so angry at the economic establishment; they are reflecting Middle England’s angst.House prices have also started to fall again, while after tax and inflation, rates paid on current accounts are often negative. With VAT about to rise, retail sales are likely to remain subdued for a while, acting as a drag on aggregate demand. It won’t tip us into recession – private investment is returning, and exports remain strong – but the rebalancing of the UK economy away from excessive consumption has started in [email protected] Tags: NULL Show Comments ▼ whatsapp KCS-content whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Timeslast_img read more

Germans say no to beefing up euro fund

first_img More From Our Partners Sidney Crosby, Alex Ovechkin are graying and frayingnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Germans say no to beefing up euro fund KCS-content EU finance ministers clashed yesterday over how to tackle the Eurozone debt crisis.At a crunch meeting in Brussels yesterday ministers from the 16 Eurozone countries discussed how to reassure markets following the bailouts in Ireland and Greece and persistent fears over Portugal and Spain.German chancellor Angela Merkel rebuffed calls for a bigger financial safety net, setting a collision course with the International Monetary Fund (IMF), with its chief Dominique Strauss-Kahn urging ministers to increase the size of the €500bn (£424bn) bailout mechanism for debt-stricken states. The IMF said: “The recovery could still stay the course, but this scenario could now easily be derailed by the renewed financial market turmoil. There is a strong case for increasing the resources available for this safety net and making their use more flexible, including for the purpose of providing more effective support to banking systems.”But Merkel was adamant she will not explore the possibility of injecting more cash into the European Financial Stability Facility. She said: “I see no need at this time to increase the fund. Only a very small percentage of it has been used.” Some diplomats say putting more money on the table now might be interpreted as a sign that the EU is preparing for a possible bailout of Spain, the Eurozone’s fourth largest economy, and could aggravate market tensions.She was supported by Dutch finance minister Jan Kees de Jager, who said it was premature to discuss what would happen if the fund ran out of money. He said: “Only one tenth of the of the total volume is now being accessed through the program so I think it is a little bit premature to already talk about what would happen if there are no more funds available. We have already stated that we will stand behind the euro and we will do everything to defend it.” Share Show Comments ▼ Tags: NULL Monday 6 December 2010 9:10 pm whatsapp whatsapplast_img read more

EU’s bailout bond a success

Show Comments ▼ EU’s bailout bond a success Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaUndo whatsapp THE debut bond issue for the EU’s bailout fund yesterday was nine times oversubscribed in an unprecedented success for the bloc. All €5bn (£4.29bn) of the five-year bond on offer was snapped up, with Asian investors fuelling demand. The Japanese government alone bought more than 20 per cent of the issue, which is perceived as the safest of EU bonds and offered a higher yield that German Bunds. The AAA bond’s yield was 2.89 per cent, compared with 2.31 per cent for Bunds. The EU closed the order book yesterday with demand at €44.5bn. Tags: NULL KCS-content Share Tuesday 25 January 2011 9:31 pm whatsapp More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com read more

WH Smith buys 22 new shops

first_img whatsapp Tuesday 8 February 2011 8:35 pm Tags: NULL Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut WH Smith buys 22 new shops WH Smith expanded its high street presence yesterday as it spent £1.05m on 22 stores from the administrators of failed retailer British Bookshops and Stationers. The company, which began life as Sussex Stationers in 1938, called in Zolfo Cooper in January after struggling with snow and cashflow difficulties. Smiths will add the stores and staff to its 573 existing High Street outlets. Sharecenter_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndo Show Comments ▼ whatsapp KCS-content last_img read more

CITY VIEWS: ARE YOU CONCERNED ABOUT THE BAN ON TOBACCO DISPLAYS?

first_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Wednesday 9 March 2011 8:03 pm Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia whatsapp BYRON KEOWN | MANAGEMENT SOLUTIONS“Limiting advertising may help people who are trying to quit by removing obvious reminders, or prevent children from buying them. Though seeing cigarettes brings smoking to the mind, it doesn’t make people buy a packet who otherwise wouldn’t smoke. But clearly something needs to be on display – otherwise how will people know the prices?”HARRY BOOTY | KINGS COLLEGE LONDON“I don’t think it will make much of a difference. I don’t think people will smoke less or stop if advertising is limited or stopped altogether. As far as I can tell, people don’t buy cigarettes because of advertising – the reasons for smoking are not as simple as that.” Sharecenter_img Show Comments ▼ KCS-content CITY VIEWS: ARE YOU CONCERNED ABOUT THE BAN ON TOBACCO DISPLAYS? whatsapplast_img read more

Telecom deals continue with Vodafone exit

first_img Share Telecom deals continue with Vodafone exit Tags: NULL Show Comments ▼ KCS-content whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastBrake For ItThe Most Worthless Cars Ever MadeBrake For ItSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition whatsapp Vodafone’s exit from France’s SFR marks another step in the revamp of its portfolio and reflects how Europe’s telecom giants are ditching weaker assets to achieve scale elsewhere ahead of a wave of big investments.The long-awaited €7.95bn (£7bn) sale of Vodafone’s 44 per cent stake in SFR to Vivendi comes two weeks after Deutsche Telekom AG agreed to sell out of the US for $39bn (£24bn).Vodafone also recently agreed to buy out its Indian partner for a $5bn price tag to increase its exposure to the world’s fastest-growing mobile market.This recent flurry of deal-making reflects a move by telecoms firms to counter sluggish growth and respond to threats from new entrants, such as Google and Apple who are eating in to mobile profits.With consumers using more smart phones and tablet computers, data is exploding on networks, raising the need for investment.To cope, telecom operators, such as Vodafone and Deutsche Telekom, are cutting down their portfolios to focus on markets where they can achieve scale, unwinding aggressive international expansions undertaken a decade ago.Vivendi’s move for SFR will increase its cash flows and profits, giving it more firepower to fend off increasing competition in the French telecoms market and funds to acquire precious fourth generation mobile spectrum this summer.The telecom giants are also returning money to shareholders in a bid to placate them before undertaking large investments in mobile and fixed networks as well as spectrum auctions now underway in the UK, France, and Spain.Vodafone and Deutsche Telekom both pledged multi-billion euro share buybacks after their deals, while Vivendi signalled that the SFR buyout would lead to an increase in its dividend.Shares in Vodafone, which initially rallied on the deal, closed virtually flat at 178.85p yesterday. Read This NextWATCH: Shohei Ohtani continues home run tear, Los Angeles Angels winSportsnautYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Monday 4 April 2011 8:14 pmlast_img read more

Laba360 is Burnley’s biggest ever sponsorship deal

first_img3rd July 2018 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address Laba360 wants to use its sponsorship of Burnley to build its fledgling brand and the EPL club’s profile Topics: Marketing & affiliates Laba360 wants to use its sponsorship of English Premier League football club Burnley to build its fledgling brand and the Turf Moor outfit’s own profile.Laba360, a new international gaming and betting operator, will be one of Burnley’s principal partners from the start of the 2018-19 season as the club prepares for its first European campaign in 50 years.Laba360’s logo will feature across the club’s home and away shirts in all competitions; Laba360 will also feature in pitch side and generic branding at Turf Moor, as well as across online and social media platforms in the UK and internationally.A Laba360 spokesperson told iGamingBusiness.com: “We are delighted to say that the discussions with Burnley Football Club have been very productive. The club is open-minded and interested in our strategy, which will enable us to grow our own brand and Burnley’s own following and name across many markets.”Laba360 went live recently and will focus on the UK, Asia and emerging markets across Africa and South America. It has partnerships with a number of content partners and aims to add more as it builds up its brand and presence in the coming months.Anthony Fairclough, commercial director at Burnley, said: “This is the largest financial deal in our history, and the third international company we have had as principal partner, which demonstrates the growing global appeal the club offers companies overseas thanks to our Premier League platform.” Subscribe to the iGaming newsletter Laba360 is Burnley’s biggest ever sponsorship deal Marketing & affiliateslast_img read more