The reasons that bring Mbappé closer to and away from Madrid

first_imgMbappé remains the proper name in the short term in Madrid’s strategy. Contract ends in 2022 with PSG and is the footballer around whom Florentino Pérez wants to build a new project after the current generation has conquered four Champions in five seasons, three in a row with Zidane. The events derived from the coronavirus crisis are conditioning this Real Madrid strategy. The following are the reasons for and against Madrid in its purpose given the situation. -The PSG project loses muscle.The economic crisis is going to affect a lot of clubs built on the basis of a checkbook that do not have much base as a youth team or as a club. PSG is a tower of babel, a team made with a checkbook, and this crisis may affect it more with the flight of some players. This will affect your goal of finally winning the Champions League. Let us not forget that the purpose of Mbappé is to be seen in the maximum competition in order to win the Ballon d’Or one day. Madrid does provide that visibility. … AND WHICH REMOVES YOU– Madrid is due to its accounts.It is evident that the coronavirus crisis will not only affect PSG in this matter. It will also affect Madrid, which will also walk with lead feet on this issue. You wouldn’t get into doing any operation without perfectly clear numbers for one main reason. In Madrid (as in the other sports clubs, Barça, Athletic and Osasuna) it is the Board of Directors that is responsible for possible losses in the income statement. Madrid is not a bottomless pit and revenues are going to fall, it is not yet known how much.-The salary will be more adjusted.Madrid let Mbappé escape in the summer of 2017, when he already had him tied up (as revealed by the papers leaked by Football Leakes, as he slipped from Real Madrid himself, because he was asking, at 19 years old, a salary of 12 million net that broke Madrid’s salary scale. Currently Bale and Ramos are the ones that charge the most, 14.5 net. The French star now charges at PSG around 10 net … Madrid will not be able to give much more than that to a newcomer.-More money in advertising.-It may be that raising his salary is difficult for Madrid, But what it will give you is much more cache for advertising brands. Madrid is a reef, the best-known club on the planet, and all footballers take advantage of it. You will get more money in sponsors.center_img REASONS THAT BRING YOU CLOSER-PSG has stopped its renewal.Up to twice Mbappe has already rejected the PSG renewal proposals that have come to her father in the last two months. Now, curious, in the face of the first wave of the coronavirus tsunami and as reported by the French media, It is PSG itself who has stopped this proposal until the picture is clarified. Very positive for Madrid. Its main purpose is precisely that Mbappé does not renew to undertake his signing at the right time, when PSG is forced to sell it or let him go the following summer.-Al Khelaifi wants to cut wages.It is inevitable in all European football. The clubs have stopped making a lot of money, especially for television rights, and a drop in wages will be inevitable. Al Khelaifi has already slipped it. It is useless for PSG to have a state behind, Qatar, because the UIEFA and FIFA are very aware of the Financial Fair Play. The problem, moreover, is that Mbappé’s salary at PSG is not high, 20.8 million euros gross, since he signed when he was only 19 years old.last_img read more

Wendy’s without burgers?

first_img Wendy’s revenue for 2005 rose 4 percent to $3.78 billion in 2004. But sales at Wendy’s locations open at least one year, a key measure of retail performance, fell 3.7 percent last year. It was the first such decline in 18 years. Analysts at Prudential Equity Group, which increased its price target on Wendy’s stock to $65, said the addition of the three new directors “could ultimately result in deeper, and quicker cost cuts at the core-Wendy’s brand. It also may increase the likelihood that Triarc eventually buys Wendy’s.” Peltz is chairman and chief executive of Triarc Cos., which franchises Arby’s fast-food restaurants. In a filing Friday with the U.S. Securities and Exchange Commission, Trian and Sandell agreed to limits on the number of additional shares they can buy before June 30, 2007, and said they have no intention of controlling the company. Trian Fund Management holds 6.3 million shares of Wendy’s, or about 5.5 percent. Trian Partners, managed by Trian Fund, owns 2 million shares, or 1.8 percent, of Wendy’s stock. Sandell Asset Management, led by Swedish businessman Thomas Sandell, holds 3.9 million shares, about 3.4 percent of the company. As part of the agreement, Wendy’s agreed to spin off all of Tim Hortons by year’s end. Wendy’s previously had said it was not feasible to spin off the entire operation that fast. Wendy’s, which operates about 9,900 stores, first announced plans to sell a portion of Tim Hortons after urgings from another big shareholder, Pershing Square Capital Management LLC. As of Dec. 31, Pershing held about 1.3 million shares of Wendy’s, or 1 percent of the company. Tim Hortons Inc. estimates it will offer 29 million shares at $18 to $20 per share in the IPO, expected later this month. Wendy’s will own about 85 percent of Tim Hortons after the IPO. Peter Oakes, an analyst with Piper Jaffray, said the company likely will have to finish that spinoff before anyone buys the hamburger chain. “In my judgment, no one’s really going to be in a position to do that until Tim Hortons is sold off,” Oakes said. “At that juncture, it might be another discussion.” Separately, a group led by Peltz also plans to nominate five candidates to H.J. Heinz Co.’s 12-member board. The food company said Friday that Trian Partners wants to restrict the Heinz board from making any amendments to its bylaws that would prevent Trian from electing its nominees, but has not given the company further information. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! COLUMBUS, Ohio – Major shareholders are more likely to push Wendy’s to sell the third-largest hamburger chain now that they have succeeded in their demands to shake up the company, analysts say. At the least, analysts say, investors will demand improvements from a chain that has had lackluster sales in the past year. Wendy’s International Inc., based in suburban Dublin, said on Thursday it will speed up the spinoff of its Tim Hortons coffee-and-doughtnut chain, explore a sale or other alternatives for its underperforming Baja Fresh Mexican Grill unit and boost its board ranks with three new directors endorsed by a shareholder group. The decision amounted to a capitulation to pressure for better returns from billionaire investor Nelson Peltz’s Trian Fund Management, which holds more than 7 percent of the restaurant chain’s stock, and Sandell Asset Management Corp., which owns more than 3 percent. The move sent Wendy’s shares to a record high. AD Quality Auto 360p 720p 1080p Top articles1/5READ MORECasino Insider: Here’s a look at San Manuel’s new high limit rooms, Asian restaurant Howard Davidowitz, chairman of Davidowitz & Associates, a national retail consulting and investment banking firm based in New York, said he believes investors will be aggressive about cutting costs, closing stores with weak sales and managing capital investments closely. They also could push for changes in management or the eventual sale of the hamburger chain, he said. “I know what Nelson Peltz is interested in is making money,” Davidowitz said. “Whatever way makes money for him and the shareholders, that’s what he’s going to do.” Wendy’s shares rose $2.10, or 3.6 percent, to close at $60.54 in trading Friday on the New York Stock Exchange. Wendy’s spokesman Denny Lynch said the company could not speculate about what moves investors might propose in the future. “We trust our board of directors will make decisions in the best interest of our shareholders,” he said. last_img read more