Crocked Welbeck may have played his last game for Arsenal

first_imgUnai Emery has remained coy over whether Danny Welbeck will be offered a new contract at Arsenal, with the striker’s future up in the air as his current deal runs out in the summer.Welbeck has been out of action since November, having had to undergo two surgeries to help repair a broken ankle sustained in the Gunners’ Europa League clash with Sporting CP.AdChoices广告Arsenal have not yet indicated when they envisage the England international will return to full fitness, but reports suggest a comeback in the current season would be optimistic. Article continues below Editors’ Picks ‘There is no creativity’ – Can Solskjaer get Man Utd scoring freely again? ‘Everyone legged it on to the pitch!’ – How Foden went from Man City superfan to future superstar Emery out of jail – for now – as brilliant Pepe papers over Arsenal’s cracks What is Manchester United’s ownership situation and how would Kevin Glazer’s sale of shares affect the club? Emery has backed up those claims somewhat, telling Standard Sport: “It’s a big injury and he needs time to recover little by little, doing exercise and then recover the possibility of working for us again.“But now he needs more time, a long time, and it’ll be difficult for him to play again this season.”Welbeck has picked up no less than seven injuries since his arrival from Old Trafford in 2014, which could end up totalling over two years on the treatment table during his five-year stint at the Emirates.Arsenal’s managing director, Vinai Venkatesham, stated after the 28-year-old’s latest setback that he would get the club’s full support throughout his rehabilitation, but Goal understands that the player has not been offered a new deal and that the Gunners are unlikely to table one.The Premier League side are planning a further overhaul of their squad at the end of the season and are looking to cut their wage bill as part of that remodel. With Welbeck so prone to injury, it is understandable that the club wouldn’t want to gamble.Pushed further on the subject of an extension for the forward, Emery said: “Firstly it’s the responsibility of the club and the player, then they can take my opinion.“But now the club is working with every individual player situation and we cannot speak about that again.”Arsenal, sitting in fifth place in the Premier League and tied on points with Manchester United, return to action on Friday with an FA Cup fourth round clash with the Red Devils at the Emirates. Check out Goal’s Premier League 2019-20 fantasy football podcast for game tips, debate and rivalries.last_img read more

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SLFP will not contest Local Government polls with the UNP

The SLFP and the UNP are part of the current unity Government. The Sri Lanka Freedom Party (SLFP) says it will not contest the Local Government (LG) elections with the United National Party (UNP).SLFP General Secretary Duminda Dissanayake said that the SLFP will contest the elections scheduled to be held in January, independently.

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Aflease Gold and BMA Gold to form new international gold company

first_imgSouth Africa’s Aflease Gold and Australia’s BMA Gold, are set to create a new mining company, forming, as the two companies said, an attractive international gold business with a new mine on the brink of production and a portfolio of growth prospects. The new company, to be known as Gold One International, will be listed on the Australian (ASX) and Johannesburg (JSE) stock exchanges and is subject to various conditions including shareholder and regulatory approvals. Its assets will include Aflease Gold’s new Modder East mine on the Witwatersrand, which is on track to pour its first gold towards the end of 2009, a gold resource of more than 15 Moz and a number of gold exploration and development projects in Queensland, South Africa, Namibia and Mozambique.The proposed transaction will involve the inward listing of BMA on the JSE and the subsequent acquisition by BMA of all the issued ordinary shares in Aflease Gold by way of a scheme of arrangement. BMA will complete a 20:1 share consolidation and Aflease Gold shareholders will then receive one BMA ordinary share for each Aflease Gold ordinary share and will consequently hold 95.6% of Gold One.Aflease Gold Chief Executive, Neal Froneman will become Gold One’s Chief Executive and BMA Gold Chief Executive, Mark Wheatley will be the new company’s Non-Executive Chairman. The completion of the scheme is expected in February 2009.Froneman said in Johannesburg that the enlarged company’s primary focus was to complete the Modder East project. Its longer term strategic vision would be to grow into a geographically diversified mid-tier gold producer with production of 500,000 oz/y and a premium market rating.Froneman: “Our priorities will be to complete the development of the shallow, high-margin Modder East mine on schedule, to advance our other low-risk, near-surface assets, and to generate a cash flow capable of sustaining growth through organic expansion as well as value-accretive acquisitions.”Speaking in Sydney, Wheatley said given the current difficult environment, a broadened investor base and direct access to the Australian and South African capital markets would provide a number of funding options for the growth-orientated Gold One.Wheatley: “There are few near-term gold development companies with such an attractive growth profile anywhere in the world and this, along with Gold One’s substantial resource base and strong, highly experienced management team, should attract significant interest from institutional and other investors, particularly on the ASX.”last_img read more

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