Villa cut losses

first_img This compares with a deficit of £53.9m made by the midlands club for the previous 12 months. Villa brought about this sizeable reduction despite a fall in turnover of £11.6m. A 16th-placed finish in the Barclays Premier League, fewer live TV matches, lower crowds and early exits from both domestic cup competitions accounted for the turnover reduction. The average league attendance fell from 37,220 in 2010-11 to 33,873. But operating expenses were reduced by £20.3m to £138.4m and player trading resulted in increased profit by £8.1m from £18.8m to £26.9m. Ashley Young and Stewart Downing were sold during this period for a combined figure of around £35m. In addition chairman Randy Lerner waived interest on loans totalling £107.1m made by him to Villa, which created a one-time benefit to the club of £20.3m. Villa’s chief financial officer, Robin Russell, said: “By managing costs effectively, the club managed to cut losses by more than half during a period which continued to be challenging economically both globally and especially in the west midlands. “In this respect, despite a disappointingly low performance level on the pitch in the 2011-12 season, these financial results represent a further step towards the club’s objective of long-term sustainability.” Aston Villa suffered a reduced loss of £17.7million for the year ending May 31, 2012, the club have confirmed.center_img Press Associationlast_img read more

Cedella Marley releases new cannabis cookbook: Cooking with herb

first_imgCedella Marley has released a new book Cooking With Herb which is being hailed as the holy grail to cannabis enthusiasts.While the legalization of medical marijuana is increasing in most countries around the world, Jamaica, the land which is often associated with the herb has been playing catch up.The work by Bob Marley’s eldest daughter, was culled from the family’s dishes on which she was raised in Jamaica. The dishes included are: buttered banana fritters, beet burgers with avocado and jerk-fried onions, quinoa with curry cashews and coconut. The work contains 75 recipes using marijuana by-products.Sprinkled with PatoisThe book is also sprinkled with pinches of wisdom on Jamaican culture and slang (“irie” means “feel good,” “wah gwaan” is “what’s up,” and “a suh mi duh mi ting” means “this is how I do my thing”).Correct dosageIt also, quite responsibly, includes the correct dosage and usage of the cannabis plant referred to simply as “herb.” In fact, every recipe can be re-created with or without CannaOil and CannaButter. This, like all other ingredients in this simple-to-follow book, are exactly what you think they are: THC-infused coconut oil and butter, also known as the bit that will get you high.In her book, Cedella Marley also offers a slew of at-home and easy-to-make concoctions passed down from her mother and great-aunt; which she says benefits glowing skin, strong hair and fewer wrinkles. And, as the book points out, they contain ingredients that you likely already have in your kitchen, such as bananas, brown sugar, and mayonnaise.last_img read more

Manchester City Sign French Defender Mendy

first_imgManchester City have confirmed the signing of highly-rated French left-back Benjamin Mendy from AS Monaco in a deal reported to be around £52m. international Mendy has signed a 5-year contract to join the City Revolution under their Spanish manager Pep Guardiola.The 23-year old, who will wear jersey no. 22 at City, became a transfer target for a lot of European heavyweights after he helped Monaco to their first French Ligue 1 title in 17 years. In the end, Manchester City won the race for his signature.RelatedManchester City Defender To See Specialist Over ‘Troublesome’ Knee ProblemSeptember 26, 2017In “Europe”Benjamin Mendy Sidelined After Twelve AppearancesNovember 23, 2018In “England”Guardiola’s Expensively Assembled Defence Will Struggle To Pass The Litmus TestJuly 25, 2017In “England”last_img read more