"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "


Chinese premier Wen Jiabao 12th March 2009


""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."


Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Monday, February 13, 2006

Denmark FCK moves into EU big-time

Copenhagen Football club FCK leads Denmark's top division in both the winning tables and profit earnings. CEO Flemming Østergaard of the pubclicly quoted club says 'Our stock value has just passed DKK 2b (EUR 266m). That's something the other clubs notice.' The club has also announced record profits up 239%.

Football club FCK might be invited by Real Madrid, Manchester United, and other top European clubs into their Brussels based powerful lobby organisation, G-14.

In September 2000, fourteen founder clubs created the "G-14 European Football Clubs Grouping", an European Economic Interest Group (EEIG) registered in Brussels, making G-14 the first international club organisation in world football. Manchester United and Liverpool are the 2 founding UK clubs.

Th 14 original founders were joined in 2002 by four new members: Arsenal FC, Bayer 04 Leverkusen, Olympique Lyonnais and Valencia CF.

'I see it as a natural consequence that we are now three times as big as AC Milan.
Our finances are the best of any publicly traded European club,' said Østergaard. 'Our stock value has just passed DKK 2b (EUR 266m). That's something the other clubs notice.'

FCK would provide G-14 with a foothold in the lucrative Scandinavian football market, said G-14 group spokesman Thomas Kurth.

at 2/13/2006 02:38:00 pm

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