Borussia Dortmund CEO Hans-Joachim Watzke fears that the coronavirus will seriously jeopardize the 50 + 1 law in the Bundesliga. These regulations limit the power of investors in the highest German competition, preventing them from taking over 49 percent of a club’s shares and, with few exceptions, leaving the entity’s sovereignty in the hands of its members. Tireless advocate of such regulation, the worst is feared if the current season in the Bundesliga is finally suspended.“If the course is canceled, the time would come for all those who criticize 50 + 1”, the Borusser honcho explained in an interview with the Frankfurter Allgemeine Zeitung. “They will do everything possible to build German football following the Anglo-Saxon example. You see it coming. There are people who have not stopped calling me for years, all of them willing to pay hundreds of millions if we repeal the 50 + 1 so that they can take power. At BVB, we discard it. Of course, the more clubs under pressure, the sooner it will happen, “he concluded. At the moment, the Bundesliga is stopped. The league federation DFL drew up a roadmap together with the 36 first and second clubs that foresees the resumption of the competition for May 9. There is a health plan with prevention measures, the matches would be played behind closed doors and the players would be forced to pass routine tests to avoid all kinds of infections, but the final decision is in the hands of the government. Chancellor Angela Merkel and prime ministers are expected to take it after the next meeting scheduled for Thursday.
With Christmas inching ever closer, The Late Late Toy Show have begun accepting applications!Admission is free if you’re chosen to attend, and you can get a front-row seat to see Ryan Turbridy showcase some of this year’s coolest toys that Santa’s helpers are bound to be busy making in preparation for Santa’s visit to little boys and girls’ houses across the globe on Christmas Eve.An RTÉ spokesperson says; “We would like to mention that demand for tickets is much greater than supply so in the interest of fairness we operate a lottery system for ticket allocation.” “Last year we received over 120,000 individual Toy Show ticket applications. We no longer operate a waiting list for audience tickets. Following application, we will contact you with full details if your name is selected for tickets.”To enter click here!Fancy going to The Late Late Toy Show this year? was last modified: October 15th, 2016 by Elaine McCalligShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)
The Sacks Group Yachting Professionals (TSGYP) are pleased to announce that plans are in progress for a unique event to take place on the closing day of the 2009 Fort Lauderdale International Boat Show. If the 121-foot (36.9m) custom Broward Motor Yacht JAVA has not been purchased prior to this date, she will be sold at auction at 3 pm on Monday, November 2nd. The auction will be held on board the yacht itself, located at The Sacks Group’s display at A-Dock/Dock-1 in the Las Olas Marina.M/Y JAVA “This is a rare opportunity for a buyer looking for a reasonably priced, beautifully outfitted and meticulously maintained megayacht,” said Bruce Schattenburg, TSGYP Managing Director/Broker. “At the recent Monaco Yacht Show, we were surprised at the high prices listed for many of the European brokerage yachts on display. We feel that the best deals right now can be found in the U.S., especially with the dollar still weak versus the Euro. JAVA represents an excellent investment for the right owner.”Auctioneer Kurt Bosshardt of Bosshardt Luxury Collection added: “JAVA is a well-established luxury charter yacht. As a bonus, she already has at least two charters reserved for the coming season, worth in excess of $150,000, which will go with her to the successful bidder, plus many repeat guests have already expressed an interest in returning this year.”The auction will be open to pre-registered yacht brokers, whose commission will be protected by the rules of the event, Bosshardt said. “Any broker bringing a buyer to the auction, and acting clearly as a disclosed agent of the bidder, will be guaranteed at least a four percent commission.”If there is no sale pending for JAVA prior to November 2nd, the rules of the auction will be as follows:1. Auction participants will be required to register and place a fully refundable “participation deposit” of $150,000 in a designated escrow account prior to noon on November 2, in order to inspect the yacht and engage in the bidding.2. Inspections, walk-throughs and viewing of JAVA will be permitted by registered brokers and buyers from 1 to 3 pm on November 2. The auction will follow immediately afterward.3. The auction will be conducted on an “open-bid” sequential-order basis, meaning each participant’s bid will be open to review by the other bidders at the event. Each bidder will be entitled to enter his or her bid in the order in which their “participation deposit” was received by the yacht’s Central Listing agents. Bidding will occur in this order until all but one bidder has dropped out.4. The auction will be subject to a sealed minimum bid; if no bidder reaches the minimum bid, the seller will have the option of accepting the highest bid or canceling the sale and refunding all deposits.5. Subject only to clear and marketable title being conveyed to the successful bidder, the auction will be final. An offshore closing can be arranged to accommodate bidders agreeing to remove the yacht, or register her under a foreign jurisdiction.6. Up until 3 pm on Monday, November 2, the yacht may be sold at private sale, and if so, the auction will be cancelled.Launched in 1990, JAVA features an elegant contemporary interior that has been updated and refreshed by an extensive refit. She accommodates 10 guests in five staterooms, including a full-beam master suite, two queens and two twins, each with en suite bath. A great entertainer, Java has a formal dining area and an informal Country Kitchen, as well as al fresco dining options. Her spacious sundeck with an eight-person Jacuzzi and her water-sports toys are particularly popular with guests. JAVA is available for charter in the Caribbean this winter starting at U.S. $69,000 per week, plus expenses.www.sacksyachts.com.