FA makes decision over allowing fans to attend Liverpool vs Arsenal Community Shield

first_img Comment Liverpool are due to face Arsenal at Wembley on August 29 (Picture: Getty)The Football Association has shelved plans to allow a limited number of Liverpool and Arsenal fans to attend the Community Shield. Jurgen Klopp’s Premier League champions and FA Cup holders are scheduled to meet at Wembley in just over a fortnight’s time and the governing body had been contemplating using the fixture as a test event. Leicester City vs Aston Villa, way back on March 9, was the last domestic football fixture which saw supporters attend. According to the Daily Mail, the government was initially keen on the idea of allowing a small number of spectators to cheers on their respective teams during the season’s traditional curtain-raiser.AdvertisementAdvertisementADVERTISEMENTHowever, after similar tests in county cricket and snooker had to be abandoned due to a rise in Covid-19 cases, the FA has reluctantly been forced to follow suit. Metro Sport ReporterWednesday 12 Aug 2020 11:29 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link359Shares Advertisement FA makes decision over allowing fans to attend Liverpool vs Arsenal Community Shield Leicester City vs Aston Villa on March 9 was the last game in England fans attended (Picture: Getty)The World Snooker Championship in Sheffield and a county match between Surrey and Middlesex allowed spectators in as part of a trial, but that was abruptly halted after the government changed their guidance in the wake of an increase in infections.The government announced last month it hoped to be able to allow fans into Premier League games and other sporting events from October 1, subject to coronavirus guidelines. But it remains to be seen whether that will go ahead.In addition to the complexity of sorting out ticketing and security, the cost of allowing just a few thousand fans to attend the game at Wembley is understood to be prohibitive.MORE: Mikel Arteta ready to sell former Arsenal team-mate Calum Chambers amid Fulham interestMORE: Bayern Munich boss Hansi Flick tells Thiago to move to Premier League amid Liverpool transfer speculationFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. Advertisementlast_img read more

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​AP1 awards $1.5bn private equity mandate to Hamilton Lane

first_imgMore changes to AP funds’ investment rules on the horizon Sweden’s AP funds should be allowed to invest directly as part of a continued modernisation of their investment rules, according to a government-commissioned report from consultancy group McKinseyHow We Run Our Money: Första AP-fonden (AP1) Mikael Angberg (pictured), AP1’s chief investment officer, speaks to Carlo Svaluto Moreolo about the buffer fund’s investment philosophy AP1 – one of Sweden’s five state pension buffer funds – has signed a deal with private markets manager Hamilton Lane allowing it to make up to $1.5bn (€1.3bn) of private equity investments over the next three years.The Stockholm-based pension fund said it was planning to lift its overall private equity exposure across its investment portfolio.AP1’s head of private equity Jan Rådberg told IPE: “We aim to increase our private equity exposure from 5% to a maximum of 6%, of AP1’s total assets.”Based on the fund’s SEK324bn (€30.6bn) portfolio at the end of 2018, a one-percentage-point increase would mean adding SEK3.2bn. “It is a very flexible investment service solution which allows AP1 to commit $1.5bn to private equity over the next three years,” Rådberg said.He said recent revisions to the investment rules for the four main AP funds had opened up the possibility of increased exposure to illiquid investments.“As a consequence, we are planning to increase our private equity exposure slightly,” he said.The investment rules for AP1, AP2, AP3 and AP4 were revised by the Swedish government last year, with the changes taking effect at the beginning of January.AP1 deal with Hamilton Lane followed a SEK300m investment in a private equity fund committed to aligning with the UN’s Sustainable Development Goals.Stockholm-based private equity firm Summa Equity said it had raised SEK6.5bn in total to invest in Nordic and European companies working for solutions to global challenges.Further readinglast_img read more

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