Newcastle United: buying a football club can still be lucrative – with the right business tactics

Shutterstock/Michael715Many Newcastle United fans cheered the announcement on October 7 that their club had finally been sold for £305 million. The sale, to a consortium headed up by Saudi Arabia’s sovereign wealth fund, adds to a long list of clubs bought by the mega-rich, including Manchester City (owned by Sheikh Mansour), Arsenal (Stan Kroenke) and Chelsea (Roman Abramovich).

China's energy crisis shows just how hard it will be to reach net zero

As the world prepares to discuss more aggressive cuts to carbon emissions at the UN’s COP26 climate conference in Glasgow, China has just sent out the worst possible advance signal. It is going to loosen restrictions on coal mining in the final three months of the year in response to an energy crisis which has seen nationwide blackouts and many manufacturers shutting down production lines in recent weeks.

Supply chains can easily break – here's how they can be made more resilient to prevent shortages

shutterstock Supply chains are essential to everyday life, bringing materials to factories, food to your plate, and fuel to your car.

The links in those chains – the manufacturers, logistics companies, warehouses and retailers – combine to form dynamic systems driven by customer demand. But a small, unpredictable change in demand can have major ramifications, as seen with the recent queues and rising tempers at petrol stations in the UK.


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