Category: Business

  • Influencer appears in court to appeal against detention

    Influencer appears in court to appeal against detention

    Influencer Andrew Tate has appeared in court in Romania to appeal against his detention after more than a month in custody. 

    Handcuffed to his brother Tristan, he shouted to waiting for reporters that he was innocent.

    The pair have been held since late December as police investigate allegations of rape and exploitation, which both men deny.

    Last month, a judge extended their detention until the end of February.

    Police have not yet laid any charges against the brothers, who moved to Romania five years ago. 

    Filing an appeal against the custody extension on Wednesday, Andrew’s lawyer Ioan Gliga told journalists that he had “new evidence” to refute prosecutors’ arguments. 

    “The victims deny any wrongdoing – it’s only in the minds of the prosecution that a crime has been committed,” he said.

    A verdict in the appeal is expected later today.

    Also present in court was a new legal adviser hired by the Tate brothers from the United States. Tina Glandian has experience in representing high-profile figures such as Mike Tyson and Chris Brown and specializes in international human rights. 

    There is speculation that her appointment could bring a new approach to the Tates’ legal team, as they try to secure the brothers’ release from preventative custody.

    The brothers – who have both US and British citizenship – have also employed a communications specialist to respond to media interest in the case.

    In explaining his decision to keep the Tates in custody for another month, a judge last week issued a strongly worded statement, describing “the capacity… of the defendants to exercise permanent psychological control over the victims… including by resorting to constant acts of violence”.

    The testimony of alleged victims, he said, “revealed a pattern of action” that lent credibility to their reports. He also highlighted what he said was the “particular dangerousness” of the Tate brothers, in “their ability to target… vulnerable victims”.

    Since then, local media have reported that four complaints were made by alleged victims at a police station near the Tate compound – at least one of them as far back as 2021. At least one of the complaints was reportedly not acted on until the Tate investigation was underway.

    The Police Inspectorate said in a statement that it had “started checks” into the actions of officers there, to determine if any legal measures should follow.

  • Spending records smashed in winter transfer window

    Spending records smashed in winter transfer window

    The British transfer record was smashed on deadline day as an unprecedented January transfer window ended with Premier League clubs having spent £2.8bn during the 2022-23 season.

    Chelsea’s 121m euro (£107m) deal for Benfica’s Argentina midfielder Enzo Fernandez – once confirmed – will take the total expenditure by top-flight clubs in January to a record-breaking £815m.

    More than £275m was spent on deadline day alone before the window closed for English clubs at 23:00 GMT on Tuesday.

    The deadline day outlay was an increase of 83% on the previous January record of £150m, set in 2018.

    And, while an all-time high season expenditure across both the summer and winter windows was guaranteed after a record of £1.9bn was set in September, the final total is double the previous record of £1.4bn in 2017.

    The 2018 winter record spend of £430m by Premier League clubs had also already been smashed prior to Tuesday’s deadline day, with the eventual total in 2023 an increase of 90% on that – and almost triple the previous January window (£295m), according to financial services firm Deloitte.

    The Premier League’s financial dominance in Europe increased to the highest proportion ever reported, as the spending by English top-flight clubs accounted for 79% of the total across Europe’s ‘big five’ football leagues, where January spending fell by 35% from 2022 to €255m (£225m).

    Indeed, Chelsea spent more in January – around £288m – than the combined total of all clubs in the Bundesliga, La Liga, Serie A, and Ligue 1.

    Among English Football League clubs, spending rose to £25m, up from £20m in the previous winter window.

    However, just 3% of Premier League clubs’ total outlay (£25m) was spent on acquiring players from the EFL, with a record 85% spent on talent playing outside the UK. 

    Tim Bridge, the lead partner in Deloitte’s Sports Business Group, said: “The record spending by Premier League clubs this season is beyond anything that we’ve seen before. 

    “Premier League clubs have outspent those within the rest of Europe’s ‘big five leagues by almost four to one in this transfer window, allowing them to hold on to their key players while attracting top talent from overseas.

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