Leicester ready for big party

first_imgMANCHESTER, England (AP):Leicester’s players are getting ready for another big party – and this time the fans are invited.Images of the Leicester squad celebrating its unlikely Premier League title triumph in Jamie Vardy’s house on Monday night were posted on social media and went global. Wes Morgan, Leicester’s captain, was filmed being spun around the kitchen floor while jubilant teammates danced around him, savouring one of the greatest-ever sporting stories.On Saturday, Morgan will have the honour of lifting the Premier League trophy in front of more than 30,000 fans at Leicester’s atmospheric King Power Stadium. Add Morgan’s name to the likes of Manchester United’s Roy Keane, Arsenal’s Tony Adams and Manchester City’s Vincent Kompany, some of the other inspirational captains to have got their hands on English football’s biggest prize.FEEL-GOOD TALESThe Leicester story is rich with feel-good tales, notably Vardy’s rise from playing non-league football to being English champions in the space of five years. Morgan’s backstory is also one to gladden the heart, too.The 32-year-old centre back was released by Notts County as a youngster and also had to start again in the non-leagues. He got another chance in the professional ranks, this time with Nottingham Forest in 2001, but was overweight and was worked extra hard by the club’s fitness staff.He became a mainstay of Forest’s team for a decade before moving to Leicester in 2012, and only got his first taste of top-flight football at the age of 30. He was error-prone in the early stages of last season but is now a commanding presence in the defence alongside fellow centre back Robert Huth.Leicester will be presented with the trophy after tomorrow’s match against Everton, which will be as much a celebration as a game of football.”I’m just going to try and hold back the tears,” Morgan said. “I think it’s going to be very emotional. It’s the biggest moment of my life. I can’t wait to lift the trophy and get my hands on it.”There’s another treat for Leicester fans tomorrow: Italian tenor Andrea Bocelli will sing before the game, honouring a commitment he gave to Ranieri in a conversation six weeks ago if Leicester went on to win the Premier League.Leicester, 5,000-1 long shots for the title at the start of the season, have achieved the unthinkable with two games still to play. For many other teams in the Premier League, there’s still plenty at stake.RACE FOR CHAMPIONS LEAGUELeicester and second-place Tottenham are already guaranteed to be playing in the Champions League next season. There is a massive scrap behind them for the other two berths in Europe’s top club competition, and some big teams are going to miss out.Arsenal and Manchester City currently occupy third and fourth place, and they meet at City’s Etihad Stadium on Sunday. A loss for City could leave the team in danger of being caught by Manchester United and West Ham, who are fifth and sixth, respectively and have games in hand on Arsenal and City.last_img read more

Institute criminal charges for stockfeeds transaction – Nandlall

first_imgThe National Industrial and Commercial Investments Limited (NICIL) placing Government’s shares in Guyana Stockfeeds Inc on the local stock market will not absolve the incumbent Administration of the conundrum that it has placed itself in with regards to this issue.Former Attorney General Anil Nandlall said in a statement that the move points to an issue which deals with Stockfeeds purchasing shares from NICIL, with the approval of Cabinet, below market value. This was confirmed by Finance Minister Winston Jordan who indicated that the shares were sold below market value at $25 each.Nandlall’s contention was that arrangement should warrant the institution of criminal charges as the transaction is identical to ones in which former Government Ministers under the People’s Progressive Party (PPP) Administration were charged for and are currently before the courts.“The gravamen of my criticism of the sale was (and still is), that the sale was conducted in the identical manner in which NICIL sold many assets of the State under the PPP Government, but that nine of those transactions are the subject ofFormer Attorney General Anil Nandlallcriminal charges instituted by SOCU.He was referring to the case involving former Finance Minister, Dr Ashni Singh, and the former Chief Executive Officer of NICIL, Winston Brassington, in accordance with the advice of the Office of the Director of Public Prosecutions (DPP). Singh and Brassington are accused of selling various properties at prices the State contends were grossly undervalued at Sparendaam, East Coast Demerara.Nandlall therefore argued that since the Constitution of Guyana guarantees to every citizen as a fundamental right, equal treatment before the law, he feels that the Office of the DPP should move to either forthwith terminate the charges against Singh and Brassington or to forthwith institute similar charges in relation to this latest sale, because it is in no different from each other.“Anything short of this will constitute unconstitutional conduct, discrimination, violation of the rule of law, political persecution and an abuse of the legal process,” Nandlall said, adding that from the statement issued by NICIL, it appears that the recent sale has now been rescinded, presumably, because of these criticisms and the shares have been placed on the local stock market.Shift in strategyNICIL on Tuesday announced that 6,099,927 of its equity shares in Guyana Stockfeeds Incorporated are on the local stock market. The placement of the shares on the stock market comes after previous attempts to dispose of the shares failed. The current majority shareholder, Robert Badal, was the only person to make an offer for the shares held by NICIL when they were advertised for sale.The placement on the local stock exchange also signals a shift in strategy by NICIL, and an effort to widen shareholding by providing more opportunities for the Guyanese public to participate in investments in public companies.In a release to the media, NICIL said it believes the placement of these shares on the local market will greatly contribute to the depth; diversification and enrichment of the local stock market coupled with the copious potential investments gains to the general public which is likely to ensue.However, Nandlall posited that “this will not rectify the conundrum that the Government finds itself in, as it is beyond doubt that, it is the Government that is the driving force behind the criminal charges against Singh and Brassington. By those charges, the Government and the DPP have made the selling of State assets at a market determined prices, a criminal offence.”He noted that assets of the State must, now, only be sold at a price determined by a Certificate of Valuation. So, NICIL is not better off by putting these shares for sale on the stock market.”Addressing the legality of the criminal charges that Singh and Brassington are currently engaging in the High Court, Nandlall posited that “If these charges receive the imprimatur of that court, then in the future, State assets can only be lawfully sold if it is done in accordance with a Certificate of Valuation, irrespective of the price generated by market forces.”“In the same vein, any person who receives a benefit as a term and condition of service with the Government is liable to be charged with larceny of the same, even if it receives the approval of the Executive President of this land! That is now the law of Guyana.”According to the former Attorney General, “this is what happens when politicians are interfering with the criminal justice system in a society.”Since the NICIL shares in Guyana Stockfeeds Limited surfaced in the public domain recently there has been vigorous discussion of the value of the shares versus the value of the offer made by the majority shareholder.NICIL is of the view that ultimately, now that the shares have been placed on the stock exchange, the market will eventually determine the true value of the shares.last_img read more