Salford owners claim new funding ‘within 12 days’

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The ownership group of the Red Devils of Salford claim to have received additional funding to pay off outstanding debts and stop a winding-up petition filed against them.

Due to outstanding tax obligations to His Majesty’s Revenue and Customs, the club was given a third adjournment of a winding-up order on Wednesday so that it could “secure necessary funds.”

The club claimed that after the hearing, new funding is “expected to be received within the next 12 days,” enabling them to pay off their debts with creditors and clear the balance with HMRC.

The club statement continued, “While winding up may have offered a simpler financial solution, it would have significantly increased the cost to the local businesses, many of which are owned and operated by our devoted supporters, who have stood by us through difficult times.”

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The end-of-season grading system led to the dismissal of Salford from the Super League, with Championship side Bradford Bulls taking their place.

The campaign was weighed heavily by late pay and a large player exodus, while patchwork teams drenched in youth players frequently faced with devastating defeats on the field.

The club statement continued, “This decision secures the future of our 152-year-old institution, safeguards the community we proudly serve, strengthens our ability to build a competitive team both on and off the field, and preserves our strategic plan for a return to the Super League in 2027.”

A last chance saloon is currently being adjourned.

A prominent sports lawyer has stated that Salford are now in the “last chance saloon” following their third court adjournment.

With ongoing financial problems that extend into the off-season, the club’s future is uncertain.

The petition was initially served in June before being adjourned until early on Wednesday.

Prior to the club’s ownership, Richard Cramer claimed they had secured new funding, and Richard Cramer claimed Salford had been fortunate.

The courts have applied a very strict timetable going forward, according to the courts, and that is a strong indication that this is the last chance saloon.

As the season came to an end, more fans started protesting the club’s risky financial situation, which showed no signs of abating.

A prominent fan group member claimed that the most recent adjournment is simply “delaying the inevitable” and that it will put their chances of recovering to an even keel backwards at risk.

A fan group called The 1873, which was set up to change the way the club is run, Nick Holt of The 1873, told BBC Sport, “I’m disappointed.”

As many people have done, I’ve been a long-time fan of the club, and getting the decision to adjourn today just adds to both the inevitable and any form of reconstruction or planning for 2026.

Any business or sporting organization going into liquidation would be a sad day.

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Sound of Guns singer Andrew Metcalfe dead as bandmates pay heartbreaking tribute

The Liverpool alternative rock group Sound of Guns’ lead singer Andrew Metcalfe passed away, his bandmates’ heartbreaking announcement.

The music world is mourning the loss of Andrew Metcalfe, the lead singer of Liverpool’s alternative rock band Sound of Guns. The band, which was formed in 2008, saw Metcalfe perform alongside Lee Glynn, Nathan Crowley, John Coley and Simon Finley.

They gained a strong following in the late 2000s due to their electrifying live performances and anthemic sound, before they announced an indefinite break in 2013. In a touching statement posted on the band’s official Facebook page, the members confirmed the sad news of Metcalfe’s passing.

We are heartbroken as of right now, it read. We’re sad to announce that Andrew Metcalfe, our friend, brother, and Sound of Guns frontman, has sadly passed away.

At this heartbreaking moment, his family receives our love and thoughts. You are our love.

One of the best frontmen to grace a stage ever was Andy, according to legend. His voice was unique, his songwriting was incredible, and his presence was unmatched.

A genuine artist, performer, lyricist, and genuinely lovely man. We find comfort in the fact that his songs and lyrics have touched so many of you and that the books he has written are simply beautiful to read. So I say thanks. We adore them, as does his family, and we adore them.

We are appreciative of the brief time we had with him and the incredible things we did together,” they continued. We encountered incredible people, played incredible stages, and witnessed incredible things.

We created incredible music that affected millions of people and changed our lives. What Andy meant to us is difficult to explain. We can never fully express what Andy meant to us, to you, and to his family, as Andy once said, “Still the words don’t say what you want to say.”

Please leave his family with your photos and memories in the comments section below. Brother, keep in peace. Your voice and music will always be present. Love from Paul, our manager, and Simon, Nathan, Coley, Lee, and Coley.

Fans sharing their favorite band’s memories have poured in since the singer’s passing. This is a very sad man, one person said. One of the best and wildest gigs I’ve ever been to was when Andy was diving into the audience at the 02 in Liverpool about 12 to 13 years ago.

“Can’t take this news in. Your music will stay with you forever, Andy, RIP.

Another chimed in, “I had the pleasure of meeting Andy a few times during the Sound of Guns tours (Cambridge and Peterborough),” and that “this is deeply upsetting.”

A third song, “A born rockstar with the biggest heart, but most of all a true friend,” was written. What came from fire and the many memories it provided me with helped me through probably the most difficult time in my life. Love and Peace.

“I’m truly gutted,” a fourth person said. Andy was a showman, and he had the audience’s attention with his charisma and energy. I had one of the best nights ever seeing you two, and I’ll never forget the after-show beers from the last time I saw you at the Hare and Hounds.

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The song “Still The Words” was the first I’ve ever heard, and it will stick in my heart even more now. My thoughts and prayers are with you all and Andy’s family.

In their active years, Sound of Guns received rave reviews, performed at major festivals, and recorded two albums, What Came From Fire (2010) and Angels and Enemies (2012).

Arewa Consultative Forum Backs Tinubu-Shettima Administration

Bola Tinubu and Kashim Shettima’s administration has been backed by the Arewa Consultative Forum (ACF), a well-known quasi-political and socio-cultural organization in the north, for the duration of their support.

The organization made the commitment when its leadership invited the Vice President to the presidential villa in Abuja ahead of the 25th anniversary of the ACF.

Bashir Dalhatu, the chairman of the ACF board of trustees, expressed satisfaction with the partnership between Vice President Shettima, Vice President Tinubu, and other sons and people from the northern region.

On Wednesday, ACF leaders paid Vice President Kashim Shettima a courtesy visit to the Abuja presidential residence.

According to Dalhatu, the vice president continues to be the government’s number one ambassador to the north, standing up for the north in the country. He also works for Nigeria’s interests as a whole.

The Vice President is “our number one ambassador,” according to the northerners. We have seen that he has taken our spirit, our image, and our aspirations into account in this administration because of his image.

He has a 100% support for the president. The ACF BoT Chairman stated that we are very proud of the support he and all of our children are giving this government.

He stated that the ACF will continue to support the government under President Tinubu’s leadership.

On Wednesday, ACF leaders paid Vice President Kashim Shettima a courtesy visit to the Abuja presidential residence.

They serve as excellent ambassadors. We’ll continue to support them despite their accomplishments. However, we will also continue to highlight areas where we believe improvement can be made for all Nigerians, not just those in the north, he continued.

The Arewa Consultative Forum was established in 2000 to advance the political interests of the people of northern Nigeria.

The ACF BoT Chairman stated in the scorecard that the organization has intervened in numerous areas of the north and throughout Nigeria.

He claims that there were a lot of other socio-cultural organizations when the forum was founded in 2000. However, the governors, the emirs, the chiefs, the sultan, and everyone else who were there at the time convened to urge a single organization that would unite our people before moving on in the same spirit to unite the nation. We did it correctly.

“We have intervened in a number of conflict-stricken regions of the north. Advice has been given. We’ve written reports. We’ve been to and discussed. In addition to these programs, we have intervened in numerous areas of social and economic development. This attitude will be continued by us.

There were “so many areas of conflict in the north” prior to the arrival of ACF. We have managed to reduce a lot of it, even though they haven’t finished completely, and I think everyone can now see the difference.

We have also continued to educate and inform people about how to be self-sufficient and how to work together to promote a prosperous Nigerian economy and, in turn, to support the growth of this nation’s economy.

The ACF leadership stated that the country’s progress would be aided by the silver jubilee anniversary by encouraging peace and harmony among the various regions and tribes of Nigeria.

US Federal Reserve cuts interest rates as labour market weakens

In response to signs of a slowing labor market and persistent pressure on consumer prices, the US Federal Reserve cut its benchmark interest rate by 25 basis points to 3.75-4.0%.

The US central bank’s second rate cut this year was announced on Wednesday.

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More recent indicators show that job growth has decreased this year and that the unemployment rate has increased but hasn’t increased through August. The Fed stated in a statement that inflation has increased since the beginning of the year and that it is still somewhat elevated.

“The outlook for the economy is still uncertain.”

The expectations were met in large part by the cuts. There was a 97.8% chance of rate cuts, according to CME FedWatch, which monitors the likelihood of rate cuts, earlier on Wednesday.

After the September cut, economists had anticipated two more rate cuts for the remainder of the year. Following Wednesday’s cut, Goldman Sachs, Citigroup, HSBC, and Morgan Stanley, among others, forecast a further 25-basis-point reduction by the year’s end. The only major corporation is Bank of America Global Research, which does not anticipate another 25-basis-point reduction in 2025.

“The Fed has to choose between lowering interest rates to support growth and labor markets and increasing them to tamp down inflation. They are currently adopting a cautious strategy with a focus on growth concerns, according to Michael Klein, a professor of international economic affairs at Tufts University in Massachusetts.

Jerome Powell, head of the Federal Reserve, said a rate cut is not always going to happen.

In a press conference during the Fed’s upcoming rate decision meeting, Powell said, “We haven’t made a decision about December.”

“We are still in a good position to take advantage of any potential economic developments.”

implications of the government shutdown

The government shutdown, which is currently in its 29th day as of Wednesday, is the second-longest in US history, trailing only by the 35-day shutdown during Donald Trump’s first two terms of office, which began in late 2018 and early 2019.

The Department of Labor was unable to release the September jobs report due to the shutdown’s delay in October 3. The Consumer Price Index (CPI), a crucial indicator of inflation and tracking the cost of goods and services, was the only significant government economic data released this month. In September, the CPI increased by 0.3% on a month-over-month basis to a 3 percent inflation rate.

Because the Social Security Administration required the release of that information, 2026 cost-of-living adjustments were required. Social Security recipients will therefore receive a 2.8% increase in payments in 2025 as a result.

The Labor Department is currently unable to compile the data needed for its November reports, so the shutdown could have a bigger impact on the central bank’s decision next month.

Private trackers are displaying a slowdown, though the government’s data is limited.

We won’t be able to get a detailed sense of the situation, but I believe we would pick up if the economy changed in some way or another, according to Powell.

Consumer confidence suffers.

According to the Conference Board’s report released on Tuesday, consumer confidence hit a six-month low.

As a result of worries about job scarcity, lower-income earners, those earning less than $75, 000 annually, are less optimistic about the state of the economy. This comes just days after numerous large corporations announced layoffs in droves.

On Wednesday, Paramount eliminated 2, 000 employees. 14 000 corporate jobs were cut by Amazon on Tuesday. Target, a big box store, cut 1,800 jobs last week. Government employees are weighed down by furloughs and layoffs as a result. The US government employs the most people in the country.

The Conference Board notes that those who earn more than $200, 000 annually are still reasonably confident and are leading consumer spending that keeps the economy afloat.

Tariffs, which weigh on both consumers and businesses, are largely a result of pressures on the labor market and consumer spending.

Vacherot beats cousin again after Shanghai triumph

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Valentin Vacherot said he finds it easier to play against opponents he doesn’t know well after beating his cousin Arthur Rinderknech for the second time in the space of three weeks at the Paris Masters.

Monaco’s Vacherot overcame a slow start to claim a 6-7 (9-11) 6-3 6-4 victory and set up a third-round meeting with British number two Cameron Norrie.

The 26-year-old claimed a shock victory against Rinderknech in the final of the Shanghai Masters earlier this month, becoming the lowest ranked ATP Masters 1,000 champion since the series began in 1990 (world number 204).

“I did feel a lot more tension than I did yesterday,” said Vacherot, who before Shanghai had never faced his cousin in a professional match.

“Was that because it was Arthur on the other side of the net? Maybe. In any case, it’s probably easier to approach matches against players I know less well.”

Vacherot beat Alexander Bublik, Holger Rune and Novak Djokovic to reach the final in China, where he beat his cousin 4-6 6-3 6-3 to win a career-first ATP title and £824,000 in prize money.

Having risen to 40th in the world rankings, Vacherot eased past world number 14 Jiri Lehecka 6-1 6-3 on Tuesday to set up another clash with world number 29 Rinderknech.

“The first set wasn’t easy, for either of us. We were both very tense, and I think it showed,” Vacherot said.

“After that first set, I felt better, the pressure dropped a little. Overall, I’m happy with how I served and with the pressure I was able to put on his return games.”

Rinderknech said: “It was different from Shanghai. The match was completely different.

“There wasn’t much missing, actually, in terms of offensiveness and winners. He deserves his victory.”

After writing “Grandpa and Grandma would be proud” on the courtside camera in Shanghai, Vacherot wrote “I love my family” on a camera in Paris.

He will now face Norrie, who came from behind to stun world number one Carlos Alcaraz 4-6 6-3 6-4 on Tuesday.

Meanwhile, world number two Jannik Sinner eased to a 6-4 6-2 win over Belgium’s Zizou Bergs.

Alcaraz’s early exit means Sinner will reclaim top spot in the world rankings if he wins the Paris Masters.

Reigning champion Alexander Zverev battled past Argentina’s Camilo Ugo Carabelli 6-7 (5-7) 6-1 7-5 to reach the third round, but Norwegian eighth seed Casper Ruud lost his opening match against 50th-ranked German Daniel Altmaier 6-3 7-5.

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Vacherot beats cousin again after Shanghai triumph

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After defeating his cousin Arthur Rinderknech for the second time in three weeks at the Paris Masters, Valentin Vacherot said he finds it easier to play against people he doesn’t know well.

Vacherot, a Monaco international, defeated a slow start to claim a 6-7 (9-11), 6-3, 6-4 victory, and set up a meeting with British no. 2 Cameron Norrie in the third round.

The 26-year-old won the Shanghai Masters’ title game in a shock victory over Rinderknech earlier this month, becoming the lowest-ranked ATP Masters 1, 000 champion since the series first launched in 1990 (world no 204).

Before Shanghai, Vacherot had never faced his cousin in a professional match, but he admitted that “I did feel a lot more tension than I did yesterday.”

Was that because Arthur was watching from the other end of the net? Possibly . In any case, playing games against players I don’t know is probably easier.

Vacherot defeated his cousin 4-6, 6-3, 6-3 to reach the final of the ATP, earning his career-first title and $824, 000 in prize money. Alexander Bublik, Holger Rune, and Novak Djokovic defeated them in the final in China.

Vacherot defeated world number 14 Jiri Lehecka 6-1, 6-3 on Tuesday to set up a second encounter with world number 29 Rinderknech, who is now 40th in the world rankings.

“Neither of us found the first set to be easy.” We both had a very high level of tension, which Vacherot attributed to.

“I felt better and the pressure a little lessen after that first set.” Overall, I’m pleased with the pressure I applied to his return games and how I served.

Rinderknech once remarked, “It was unique from Shanghai. The outcome was entirely different.

In terms of offensiveness and winners, “there wasn’t much missing, actually.” He merits victory, I believe.

On a camera in Paris, Vacherot wrote, “I love my family,” and Grandpa and Grandma would be proud.

Norrie will now face him, who defeated Carlos Alcaraz 4 , 3 , 4 , 6-4 on Tuesday, from behind.

Jannik Sinner, the second-ranked player, defeated Zizou Bergs, Belgium, 6-4, 6-2.

Sinner will regain the top spot in the world rankings if he wins the Paris Masters due to Alcaraz’s early exit.

Alexander Zverev, the reigning champion, defeated Camilo Ugo Carabelli 6 (6) 6-1 7-5 to advance to the third round, but Casper Ruud, the eighth seed in Norway, lost to German Daniel Altmaier, who is now 50th overall, 6-3 7-5.

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