Amanda Staveley Fights Against Payment to Greek Tycoon
Newcastle United co-owner Amanda Staveley is appealing an order to pay £3.4 million to Greek shipping tycoon Victor Restis. Staveley was given until Monday to transfer the money or face a court bankruptcy petition.
Staveley's Ownership at Risk
The payment, if made, could disqualify Staveley, who owns a 6% stake in Newcastle United and is worth £110 million, from being a director at the club.
Legal Battle Continues
Despite an initial bid to dismiss the case being rejected, Staveley has now filed documents at the High Court seeking an appeal, which is expected to be heard later this year.
Origin of the Dispute
The dispute revolves around a £10 million payment made by Restis to Staveley in 2008, with Restis now seeking £37 million in return, including a £31 million interest payment, a figure deemed "exorbitant" by Staveley's legal team.
Previous Ruling and Response
Insolvency Judge Daniel Schaffer had previously dismissed Staveley's case, stating it ventured into the "realm of fantasy." Staveley's spokesperson mentioned she does not accept this ruling and will continue to pursue the appeal in the Chancery Division later this year.
Frequently Asked Questions
What community initiatives are supported by the Premier League?
The Premier League sponsors a range of initiatives in the community aimed at improving people’s lives. These include programs that promote education and sports for young people and the inclusion of underrepresented communities in football. They also support projects which use football as a vehicle for social change. The Premier League’s global reach allows it to make a significant impact both within and beyond the UK, emphasizing football’s potential to contribute to societal well-being.
What sets the Premier League apart from other European soccer leagues?
The Premier League is distinguished from other European leagues by several factors, including its global appeal, financial strength, and competitive depth. The Premier league enjoys a wide international audience with lucrative TV rights deals. Premier League teams are known to be unpredictable. They can win on any given day, even if they’re not ranked high. The league is also known for its fast-paced play and intense stadium atmosphere.
What happens to the teams that finish at the bottom of the Premier League?
At the end each Premier League, teams who finish in the lowest three positions on the league table, are relegated down to the Championship. The Championship is the second level of English Football. In their place, two of the top teams from the Championship and the winner of Championship playoffs will be promoted to the Premier League.
What is Premier League Football?
Premier League, the highest-level football league in England, is also one of the best and most popular leagues in domestic football. It is played by twenty teams and follows a system of promotion/relegation in conjunction with the English Football League. The teams compete every year, each playing 38 matches at home and away. Typically the season lasts from August to May. The Premier League has a global following and is known for high-quality football.
Can you explain what the Premier League’s ‘Big Six’ are?
The Big Six refers specifically to a group of Premier League clubs who have had the most success and influence in recent years. The list typically includes Manchester United, Manchester City, Liverpool, Chelsea, Arsenal, and Tottenham Hotspur. These teams are known to perform consistently at a high-level, have a large fan base, be financially strong, and qualify for European competitions such as the UEFA Champions League or UEFA Europa League.
Statistics
- Arsenal boasts an unbeaten streak of 49 Premier League matches from May 2003 to October 2004, the longest in the history of the league.
- Alan Shearer is the all-time top scorer in the Premier League with 260 goals across his stellar career.
- Ryan Giggs holds the distinction of scoring in 21 consecutive Premier League seasons, marking consistency seldom seen in such a demanding league.
- Manchester United holds the record for the most Premier League titles, having been crowned champions 20 times.
- The 2018–19 season saw Manchester City accumulate a staggering 100 points, setting the record for the highest total in Premier League history.
External Links
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How To
Learn Premier League Chants & Songs
The atmosphere of a Premier League matchday is dominated by chants and songs. Watch matches and pay attention to the crowds, especially those of the home side. Many fan websites and forums will have lyrics to popular chants. YouTube is also a valuable resource, with many videos dedicated to football chants. Join a local fan group to learn and sing together the chants. This will help you to enjoy matches and feel closer to your club.
