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Man City chief slams ‘awful’ transfer window after Treble as stars either wanted more money or were ‘p***ed off’

MANCHESTER CITY’s historic treble led to one of their most troubling transfer windows ever, club chief Txiki Begiristain has revealed.

City emulated their bitter local rivals Manchester United in the 2022/23 season by winning the Champions League, FA Cup and Premier League.

a group of soccer players wearing shirts that say etihad airways
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Manchester City won a historic treble in the 2022/23 season[/caption]
two men holding a trophy that says champions league on it
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But club chief Txiki Begiristain has revealed the historic season led to a summer of turmoil[/caption]

But their success, according to Begiristain, prompted a slew of players – some of whom left the Etihad the following summer – to lay down ultimatums to the club.

The Spaniard said in the soon-to-released Together: 4 in a Row documentary: “The transfer window was a bit awful.

“At least for me. After winning the Treble, everyone was confused.

“The protagonists from those trophies were thinking they should get more or new contracts and take the opportunities.

“And the ones who didn’t play in finals were p***ed off and trying to get out from the club.”

Cole Palmer, Riyad Mahrez, Aymeric Laporte and Ilkay Gundogan would all leave the Etihad in the months that followed City’s treble.

And the club broke their wage structure in order to stop skipper Kyle Walker from joining German giants Bayern Munich.

The slew of departures, however, didn’t stop City from winning a historic fourth Premier League title on the trot last season in what was set to be manager Pep Guardiola’s penultimate season with the club.

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What will happen to Man City?

MAN CITY are favourites to win the Premier League title yet again – but there is one elephant in the room that threatens to put the skids under the Etihad giants.

Sunsport’s MARTIN LIPTON discusses what the next few months could hold with Head of Sport SHAUN CUSTIS….

Custis: So the big question – will there be a resolution this season?

Lipton: Yes…. probably! We know the case will start to be dealt with in October or November.

It will take at least a month to go through the evidence. So I suspect around March, April time, we will get a result. But that’s where it starts to get tricky.

Custis: Why is that?

Lipton: If the result is in City’s favour, that’s the end of the matter. They will be cleared. They will have no punishment to face.

But if City are found guilty, these will be the heaviest penalties ever imposed by the Premier League.

I suspect if they are found guilty, they will be expelled from the league or given a massive points deduction and a huge fine so that they’re not in the Premier League next season.

Check out the full discussion on Man City’s future.

But the Spaniard is said to be on the verge of inking a new deal with the Citizens.

It’s claimed Guardiola, who was on the FA’s shortlist of candidates to replace Gareth Southgate as England manager, is on course to sign a new one-year deal at Eastlands.

Manchester City will be back in action on Saturday evening, welcoming Tottenham to the Etihad.

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Arsenal legend Patrick Viera joins Italian side Genoa CFC as head coach

Genoa, Nov 20 (SocialNews.XYZ) Italian side Genoa CFC has announced the appointment of former Arsenal legend Patrick Viera as the club’s new head coach after the sacking of Alberto Gilardino. The Serie A side was...

The post Arsenal legend Patrick Viera joins Italian side Genoa CFC as head coach appeared first on Social News XYZ.

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Ramgarh: Voters show their ink marked fingers after casting their votes during the second and final phase of Jharkhand Assembly Elections #Gallery

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Ramgarh: A voter shows her ink marked finger after casting her vote during the second and final phase of Jharkhand Assembly Elections – #Gallery

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У США пояснили, чому Україна так стрімко втрачає території

Україна повинна мобілізувати більше людей, оскільки нинішні проблеми на фронті зумовлені не браком зброї, а дефіцитом особового складу. Про це заявив радник президента США з національної безпеки Джейк Салліван в інтерв’ю PBS. Салліван заперечив твердження про те, що перемога України залежить лише від озброєння. «Ми вважаємо, що не одна система озброєнь має вирішальне значення у […]

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Bitcoin price surges, you can earn $20,000 a day through ION cloud mining

ION mining, the world’s top Bitcoin mining platform, has launched cloud mining contracts. Designed to enable existing and potential cryptocurrency enthusiasts to profit from rising Bitcoin prices, the contract promises to disrupt the investment market and provide users with incredible opportunities. ION Mining is a powerful cryptocurrency mining platform that allows you to passively earn […]

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All under 16s face social media BAN over ‘grotesque impacts’ on kids’ wellbeing

A SOCIAL media ban for under-16s is being considered by ministers because of the possible “grotesque impacts” on their wellbeing.

Tech Secretary Peter Kyle said he was keeping “all options open” when pressed on Britain copying an Australia-style crackdown.

a man in a suit and tie looks at the camera
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Tech Secretary Peter Kyle said he was keeping ‘all options open’[/caption]

He has commissioned government research on the impact of online platforms on youngsters and warned companies were not doing enough to protect them.

The Cabinet Minister told Sky News: “I’m keeping all options open. The problem is, at the moment, there’s very little evidence.”

Warning of how the harms kids are exposed to online can “lead to loss of life in certain circumstances”, he said he was “frustrated” tech giants are not doing enough.

He said: “So I’m trying to do what I can do to find out what the where the evidence is behind the impact that social media has on children, young people and people with vulnerabilities so that I can build I can build policies that sometimes might be strident policies.

“But they need to be built on firm evidence, because the evidence just simply isn’t there at the moment.

“And I’m open minded as to what that means going forward.”

Teenager Molly Russell took her own life aged 14 in 2017 after viewing harmful content on social media.

Her death sparked campaigning to clean up the internet, leading to the Online Safety Act that will force firms to take down damaging posts from their platforms.

Ofcom will be able to fine firms up to £18million for failing to remove harmful content from their sites.

Mr Kyle said he had been speaking to politicians from Australia, which recently imposed a social media ban for under-16s.

a little girl is sitting at a table looking at a cell phone
Children under-16 face a social media ban under plans being considered by the government

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Santander poised to pay £1,100 compensation to ‘thousands of customers’ – will you get it?

SANTANDER is poised to compensate “thousands of customers” after a landmark ruling.

The banking giant announced this morning that it had allocated £295 million to cover potential payouts for those who were missold car finance.

a woman withdraws money from a santander atm
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Santander’s third-quarter profits have plummeted following the bank’s decision to allocate substantial funds for customer compensation[/caption]

The Financial Conduct Authority (FCA) began an investigation earlier this year into whether motorists were unknowingly overcharged when they took out car loans.

The investigation focuses on past practices where banks allowed car dealerships and brokers to set their own interest rates on loans.

Under this discretionary commission arrangement (DCA), the higher the interest rate charged, the more commission the dealer or broker earned.

However, many customers were unaware of this practice.

As a result, people who financed the purchase of a car, motorbike, or van before January 28, 2021 (when DCA was banned), may be owed significant sums of money.

Santander had already decided to allocate funds for compensation despite disagreeing with a pivotal Court of Appeal ruling last month.

The judgment set a precedent for the wider motor finance industry by ruling that any dealers receiving commission from lenders must ensure their customers are fully informed about the arrangement.

Santander said the ruling “set a higher bar for the disclosure of and consent to the existence, nature, and amount of commission paid to dealers than that required by current FCA rules, or regulatory requirements in force at the time of the cases in question”.

Santander’s third-quarter profits have plummeted following the bank’s decision to allocate substantial funds for customer compensation.

The high street lender reported pre-tax profits of £143 million for the three months ending in September.

This is a nearly 75% decrease from the £558 million earned during the same period last year and a significant drop from the £413 million posted in the previous three months.

The FCA estimates that on a typical £10,000 motor finance agreement, higher broker commissions DCA could result in customers paying an additional £1,100 in interest charges over the four-year term of their loan.

Martin Lewis suggests payouts of around this figure could be given to customers if it is decided that they are due compensation.

Lloyds Banking Group has already set aside £450million to cover the cost of potential fines.

Meanwhile, Close Brothers decided not to pay investors dividends and took action to “shore up” its balance sheet by up to £ 400 million.

What is the FCA investigating and who is eligible for compensation?

What is being investigated?

The FCA announced in January that it would investigate allegations of “widespread misconduct” related to discretionary commission agreements (DCAs) on car loans.

When you buy a car on finance, you are effectively loaned the value of the car while you pay it off.

These loans have interest payments charged on top of them and are often organised on behalf of lenders by brokers – usually the finance arm of a dealership.

These brokers earn money in the form of commission – a percentage of the interest payments on the loan.

DCAs allowed brokers to, to a certain extent, increase the interest rate on a loan, which in turn increased the amount of commission they received.

The practice was banned by the FCA in 2021.

Who is eligible for compensation?

The FCA estimates that around 40% of car deals may have been affected before 2021.

There are two criteria you must meet to have a chance at receiving compensation.

First, you must be complaining about a finance deal on a motor vehicle (including cars, vans, motorbikes, and motorhomes) that was agreed upon before January 28, 2021.

Second, you must have bought the vehicle through a mechanism like Personal Contract Purchase (PCP) or Hire Purchase (HP), which make up the majority of finance deals and mean you own the vehicle at the end of the agreement.

Drivers who leased a car through a Personal Contract Hire, where you give the car back at the end of the lease, are not eligible.

PROGRESS OF FCA INVESTIGATION

The FCA had initially planned to publish the results of its investigation in September, but this has now been postponed to May next year.

Additionally, firms now have until December 4, 2025, to respond to customer complaints.

It’s important to note that the December 4 deadline is specifically for firms to respond to complaints.

Customers are still encouraged to file their complaints before this date, and in some cases, there are specific time limits for doing so.

You can find more information about any time limits the regulator sets by visiting fca.org.uk/consumers/car-finance-complaints.

HOW TO CLAIM

Consumer finance website MoneySavingExpert.com offers an email template to help you complain to your finance provider. 

You can download this by visiting moneysavingexpert.com/reclaim/reclaim-car-finance.

Alternatively, you can complain directly without using the template.

It’s crucial for anyone who took out car finance to file a claim, even if a previous claim was denied.

In your complaint, ask whether you were overcharged due to your broker receiving a commission and request the company to rectify this if it occurred.

If you’re unsatisfied with the company’s response, you can escalate your complaint to the Financial Ombudsman Service (FOS) at no cost.

You have until July 29, 2026, or up to 15 months from the date of the company’s final response letter, whichever is longer.

Avoid using a claims management firm, as they will take a portion of any successful claim.

USING THE FINANCIAL OMBUDSMAN SERVICE

IF your lender does not respond to your complaint within eight weeks, or if you are unhappy with their response or do not hear back, contact the Financial Ombudsman Service immediately.

It is an independent body that will consider the evidence you present and make a fair decision about the action a financial service provider should take.

The FOS can usually get involved 15 days after you’ve raised concerns with a lender.

To get in touch, you need to fill out a form, which you can find by visiting financial-ombudsman.org.uk/make-complaint.

If you’d prefer to talk it through with someone, the FOS can help you do this by calling 0800 023 4567.

When you get in touch, you need to have the following details to hand:

  • Some basic information, including your name and address
  • What the problem is, and how you want things put right
  • Details such as the policy number or account number that your complaint relates to

The FOS will then look at the evidence provided by both sides, and it may contact you for more information.

Once it’s made a decision, it’ll write to you, and if it agrees with your complaint, it’ll say what your lender must do to make things right.

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