Showing posts with label Pay. Show all posts
Showing posts with label Pay. Show all posts

Friday, 6 May 2016

PSG Willing To Pay €300 Million For Neymar And Cristiano Ronaldo

French side, Paris Saint Germain (PSG) are reportedly willing to make massive investments to take a higher step next season in a bid to win the European Champions League.


According to the information from France Football, the French side are considering to pay almost €300 million to bring two big stars of world football, Neymar from Barcelona and Cristiano Ronaldo from Real Madrid.


The desire of PSG President Nasser Al-Khelaïfi is for someone to replace Swedish striker Zlatan Ibrahimović, who has a contract only until June, and could leave the club.


 


The French publication adds that Neymar is one of the obsessions of Al-Khelaïfi, and the President does not rule out paying the Brazilian’s release clause of €190m.


Asked about a possible transfer, World Cup winner and Brazil’s legendary striker Ronaldo said he thinks Neymar will stay at Barcelona.


He told Canal+: “He will continue at Barça. I do not think he will come out of Barça. He is well adapted to the team and the city. I do not believe that this transfer will be a reality”.


Sambafoot



PSG Willing To Pay €300 Million For Neymar And Cristiano Ronaldo

Sunday, 17 April 2016

Pay My Assistants, Players First – Coach Keni To Hearts

Accra Hearts of Oak Coach, Kenichi Yatsuhashi has told the Club’s Board and Strategy Committee to pay his assistants and the players he works with first before he takes his share.


The club has not paid their Japanese-American trainer for two months (February and March) wih his backroom staff and players also not being paid during this period.


Sportscrusader.com sources also revealed that winning bonuses and other promises made to the players and technical team have also not been paid since the league started.


Last week, the Management of the club made an attempt to pay the coach monies owned him, but he rejected those advances and made it clear that he will only take his salary and bonuses after his assistants and players have been paid first.


Coach Keni has also debunked rumours that he is unhappy with his salary of $2,000 a month.


Writing on his facebook wall, he said he understands the situation in Ghana and is happy with the contract he signed with Accra Hearts of Oak and will respect it.


“All I want is to see my players and assistants paid and after, I will take my salary, he wrote, adding that he wants to work with a happy family were trust and confidence exists.







Coach Keni has led Hearts to a promising start to the season and are second on the Ghana Premier League log, three points behind leaders Wa All Stars after seven games.




Pay My Assistants, Players First – Coach Keni To Hearts

Thursday, 14 April 2016

West Ham To Pay £2.5m Olympic Stadium Rent Per Year

West Ham will pay £2.5m a year to rent the 60,000-seater Olympic Stadium, it has been revealed after the deal was made public following a legal battle.


The ground’s owners, the London Legacy Development Corporation (LLDC), fought a ruling that the contract should be published, but the appeal was rejected this week.


West Ham will pay the sum per year over the 99-year lease, the 207-page document has revealed.


The Hammers move in this summer.


The first £4m of any naming rights deal will go to the LLDC and Newham borough, with anything above that between the two bodies and West Ham.


The rent will be halved to £1.25m if West Ham are relegated.


The LLDC, which had spent thousands of pounds fighting the ruling, said the decision could cost the organisation “millions of pounds”.


But it has decided not to appeal against the tribunal’s ruling.


Extra payments West Ham could have to make


£1m if they win the Champions League    


£100,000 if they win the FA Cup or Europa League, or qualify for it


£250,000 if they qualify for the Champions League group stages    


£100,000 if they finish in the top five in the Premier League, with smaller payments for other positions in the top 10


The club were awarded tenancy of the London 2012 stadium in 2013, and at least £272m has been spent to convert the site for use as a Premier League ground.


West Ham have contributed £15m towards those costs. Last year a BBC documentary revealed the club was having many of the running costs of the stadium paid for it by the taxpayer under the terms of the tenancy agreement.


United will not have to pay for a range of staff including cleaners and turnstile operators. Heating and lighting costs will also be covered by the stadium managers.


A coalition of 14 supporters’ trusts from around the country submitted a Freedom of Information request to obtain that tenancy agreement and believe the deal gives West Ham, who have played at Upton Park since 1904, a competitive advantage.


West Ham say they have nothing to hide, believe it is a “great deal” for the club and the taxpayer, and say the stadium offers a true legacy.


The club added: “Someone renting the stadium for 25 days a year cannot be responsible for 365 days’ running costs.”


A coalition of 14 supporters’ groups and trusts of several different clubs campaigned for the information to be released. In a statement it said: “This is the right decision for the taxpayer, and the right decision for football.”


Credit: BBC



West Ham To Pay £2.5m Olympic Stadium Rent Per Year

Tuesday, 22 March 2016

Novak Djokovic Tries To Cool Tennis Pay Row

World number one Novak Djokovic said he never meant to cause controversy by saying male players deserve more prize money than women.


The 11-time Grand Slam champion said he spoke out because the sport needed a “fairer and better distribution of funds across the board”.


He added he cares “deeply” about tennis and that his remarks were “not the best articulation of my view”.


He apologised to anyone who had taken his comments “the wrong way”.


Djokovic’s remarks had drawn criticism from high-profile players Serena Williams and Andy Murray.


Williams, the women’s number one, said the Serb was “entitled to his opinion” but wondered what he would say to his daughter if he had one.


“If I had two kids, I would never tell my son or my daughter that one deserves more because of their sex,” the American said.


Murray reiterated his long-held view that there should be equal prize money in tennis and gave short shrift to Djokovic’s notion that men’s tennis is a bigger draw than the women’s game.


“At the US Open last year, the tickets for Serena’s matches were selling out much quicker than the men’s matches,” the world number two said.


The 28-year-old Briton added that there would be women’s matches at the Miami Open that would hold more appeal than some of the men’s, so it made “more sense to make it [prize money] equal”.


Djokovic caused a stir when he was asked to react to comments by Indian Wells tournament director Raymond Moore, who said the women’s game “rides on the coat-tails” of the men.


The South African subsequently apologised before resigning on Monday.


In a post on his Facebook page on Tuesday, Djokovic sought to “clarify” what he had meant to say.


“Tennis helped me so much in my life and being where I am today, I felt the need to speak about the fairer and better distribution of funds across the board,” he wrote. “This was meant for both men and women.


“We all have to fight for what we deserve. This was never meant to be made into a fight between genders and differences in pay, but in the way all players are rewarded for their play and effort.


“Tennis is a sport that I love and that gave me the opportunity to help others who still have a long way to go to achieve their dreams.


“This was my view all along and I want to apologise to anyone who has taken this the wrong way.”


Murray, meanwhile, said he did not “really understand” what Moore “was getting at”.


But the Briton said he was “out of order” for suggesting female players should “get down on their knees” to thank the likes of Roger Federer and Rafael Nadal for boosting the sport’s appeal.


Federer and Nadal have won 31 Grand Slam singles titles between them, dominating the men’s game for several years before Djokovic took over.


“Roger and Rafa have been unbelievable for tennis but so has Serena Williams,” Murray told BBC Sport. “We should all be thankful for those guys and what they’ve done for the sport.”


He also said men’s tennis had a lot to thank Williams for.


“When Serena Williams does great, we also capitalise on that,” he said. “Someone who’s 70 in the world on the men’s tour also capitalises on that.”


Murray, who is in Miami with wife Kim and new daughter Sophia, said the issue of equal pay was a topic of discussion in the locker room.


“I think the amount players speak about it, it’s obviously something they can get frustrated about,” he said.


He pointed out that lower ranked male players also benefit from the success of Federer and Nadal, not just women.


“Why does someone ranked 70 in the world deserve to capitalise on what they’re doing just because they’re a man?” Murray asked.


“When tennis does well, everyone should thrive on that success.”




Novak Djokovic Tries To Cool Tennis Pay Row

Thursday, 24 December 2015

NIC Orders Enterprise Insurance To Pay Alliance Motors Customers

Alliance Motors Ghana Ltd, dealers in Jaguar and Land Rover vehicles had refused to compensate clients who were affected by the floods and claimed the company’s insurance policy with Enterprise Insurance, does not cover them.


 

Some of the car owners subsequently dragged the two companies to court over the matter while others reported the matter to the Consumer Protection Agency (CPA).


 

The Consumer Protection Agency also dragged the insurance company to the NIC.


 

Speaking to Citi Business News, head of legal for NIC Emma Ocran said the insurance firm has been directed to pay up by the 25 th of January next year.


 

“This is not a penalty this is the agreement that the parties entered into that in case of such an incidence the company will pay so long as the company had such policy in place at the time of the incidence they were liable and they should pay according to the terms, we looked at the quantum and decided that by the end of January 2016, the company should have made payments,” she said.



Citifmonline.com/Ghana









NIC Orders Enterprise Insurance To Pay Alliance Motors Customers

Tuesday, 22 December 2015

Air Travellers To Pay Cheaper Fares In 2016

Air fares are expected to reduce next year, as a consequence of the Cape Town Convention ratification by Parliament early this month.

The Convention was part of eight other conventions and treaties tailor-made for the aviation sector that were ratified by Parliament.

By this, domestic airlines are now able to secure relatively inexpensive aircraft leases that will ultimately translate into reduced direct operating costs. This is expected to translate into cheaper fares for passengers.

Prior to ratification of the Cape Town Convention, airlines (lessees) have had to pay about US$500,000 per month to their lessors for the use of the lessor’s equipment on wet lease. The cost of aircraft leasing is expected to reduce by some 20-30 percent following ratification of the Convention.

The Convention on International Interests in Mobile Equipment and Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment, otherwise known as the Cape Town Convention, is designed to facilitate asset-based financing and leasing of aviation equipment, expand financing opportunities, and reduce costs; thereby providing substantial economic benefits.

It does so by reducing a creditor’s risk and by enhancing legal predictability in these transactions, including in case of a debtor’s insolvency or other default. The Cape Town Convention entered into force in 2006.

“On Dec 9, through the Committee on Roads and Transport, these agreements were rectified by Parliament. It is divided into three categories – we have those that border on security, aviation sector generally, those on airlines and those that border on passengers.

“Non-ratification of the Cape Town Convention made it difficult for the acquisition and finance of equipment, and made the cost of equipment for domestic airlines very high. With this law (Cape Town Convention) in place, they can acquire equipment’s more easily,” Theophilus Tetteh Chaie, Chairman of the Parliamentary Select Committee on Roads and Transport told the B&FT.

Passengers are expected to benefit from approval of the Cape Town Convention, with improved service and increased capacity on all four domestic routes — Kumasi, Takoradi, Tamale, and Sunyani.

There has been a public outcry over the increase in airfares between Accra and Kumasi, Sunyani, Tamale and Takoradi.

The increase, due largely to the depreciation of the local currency against major trading currencies, especially the dollar – and 17.5 percent Value Added Tax (VAT) imposed on the gross ticket prices this year, has led to a significant reduction in the volume of passengers choosing air travel as an option.

A one-way ticket from Accra to Kumasi that used to cost under Ȼ250 one-way now costs about Ȼ297 as a result of imposing 17.5 percent VAT on the gross fare – which already includes a mandatory Ȼ5 cedi airport tax.

Passengers now travelling to the Ashanti regional capital Kumasi, the largest domestic destination, now prefer to t by road in a comfortable conditioned WIP buses charges a mere Ȼ40 one-way

President John Mahama acknowledged the difficulty created by imposition of the a recent Ghana Airports Company Limited Annual General M saying: “We are willing to look at it again when all the facts are presented to government”.

Executive Chairman of the State Enterprises Commission, Dr. Camynta Baezie calls for an immediate review of imposing VAT on domestic airfares.

“The State Enterprise Commission would like I to the attention of the Pi sector ministry and importantly, the Mini Finance the high cost of flights is something that said over and over again.

“We need to reduce airfares, and to do that government needs to take out 17.5 percent VAT and remove taxes on aviation fuel. Taxes are meant to benefit the people, and removal will lead to domestic passenger travel and create jobs- and employment for the benefit of the very people that we are the taxes on,” Dr. Baezie said.




Myjoyonline.com




Air Travellers To Pay Cheaper Fares In 2016