Pochettino wanted by Atletico if Simeone is axed putting Man Utd on alert

first_imgEx-Tottenham boss Pochettino scores incredible hole-in-one playing foot golf while in Qatar for Fifa Club World Cup ATLETICO MADRID are reportedly considering Mauricio Pochettino as a potential replacement for Diego Simeone, should they part company with their manager in the summer.The Spanish side have underachieved this season and could look to make a change in the Wanda Metropolitano dugout – but would face competition from the Premier League.2 Atletico Madrid have emerged as a potential next destination for Mauricio PochettinoThe former Spurs manager, 47, is believed to favour a return to English football – with a number of clubs thought to be keen.Manchester United are expected to be at the front of the queue, but the Telegraph claim that Atletico could try and change the popular Argentine’s mind.Pochettino has long been admired at Old Trafford, twice before being considered for their vacant hotseat.Red Devils chiefs so far seem adamant that they will be sticking with Ole Gunnar Solskjaer, but that situation could change if the Norwegian is to fail at securing Champions League football for next season.Atletico Madrid’s director of football Andrea Berti is a big fan of Pochettino’s work, coming to admire him during his five years at Spurs in particular.Their current incumbent Simeone has been wildly successful at the club – steering them from plucky underdogs to La Liga winners – also scooping two Europa Leagues and twice reaching the Champions League final.But there is a sense among some that his time with Atleti could be about to unravel, with results this season not being up scratch.No longer can Madrid’s second club claim to not be able to compete financially, having forked out £113million on Joao Felix in the summer.MAN UTD NEWS LIVE: Follow for all the latest on the Red DevilsBut they currently sit SIXTH in La Liga, miles off the pace in the title race.The idea of being able to splash over £100m on a player must be appealing to Pochettino, given how tightly the pursestrings were held during his time in North London.As well as United, Manchester City have also been linked with a move for Pochettino, if Pep Guardiola was to step down.And Borussia Dortmund are also rumoured to hold an interest, but at the launch of LaLiga TV last month, Poch himself seemed to hint that his next job would be in England or Spain.He said: “Now I am watching a lot of football and spending time with my family.“I was lucky to start my career as a manager with Espanyol.Of course, as a coach, you try to be in the best place. And England and Spain are the two best leagues in the world.Mauricio Pochettino“Then I came to the Premier League, to England, learned English and a different culture.“I am a better person today, with more knowledge and I had a great experience in the Premier League.“Football was born here in England. But La Liga is amazing football, with amazing coaches.“Of course, as a coach, you try to be in the best place. And England and Spain are the two best leagues in the world.”2 Diego Simeone’s side have been under-par this seasonCredit: Getty Images – GettyMOST READ IN FOOTBALLTHROUGH ITRobbie Keane reveals Claudine’s father was ’50-50′ in coronavirus battleTOP SELLERGavin Whelan has gone from League of Ireland to David Beckham’s InstagramPicturedAN EYEFULMeet Playboy model and football agent Anamaria Prodan bidding to buy her own clubI SAW ROORodallega saw Rooney ‘drinking like madman’ & Gerrard ‘on bar dancing shirtless’ExclusiveRIYAD RAIDMan City’s Riyad Mahrez has three luxury watches stolen in £500,000 raidNEXT STEPJonny Hayes set to move to English Championship having been let go by CelticREF RELEASEDChampions League ref Vincic released by cops after arrest in prostitution raidKEANE DEALEx Man United youth ace David Jones says Roy Keane negotiated a contract for himPochettino was sacked in November after a string of underwhelming performances from the Lilywhites.But given the remarkable improvement shown by Spurs during Poch’s tenure, his stock remains exceptionally high.He turned Spurs into top four regulars, oversaw the transitional period at Wembley Stadium and guided the team to last season’s Champions League final despite having been unable to strengthen his squad.last_img read more

Walmart to Buy 77% Stake in Flipkart for $16 Billion

first_imgAmerican brick-and-mortar retail firm Walmart Inc will pay approximately $16 billion for an initial stake of approximately 77 per cent in Flipkart Private Limited, which includes Myntra, Jabong and PhonePe, the United States-based company announced on May 9. The remainder of the business will be held by some of Flipkart’s existing shareholders, including Flipkart co-founder Binny Bansal, Tencent Holdings Limited, Tiger Global Management LLC and Microsoft Corp.Flipkart intends to transition into a publicly-listed, majority-owned subsidiary in the future, Walmart said in a statement, confirming the exit of Sachin Bansal, the co-founder of Flipkart, and SoftBank Group. The deal is subject to regulatory approval in India.“India is one of the most attractive retail markets in the world, given its size and growth rate, and our investment is an opportunity to partner with the company that is leading transformation of eCommerce in the market,” Doug McMillon, Walmart’s president and chief executive officer, said in a statement.“This investment is of immense importance for India and will help fuel our ambition to deepen our connection with buyers and sellers and to create the next wave of retail in India,” Binny Bansal, Flipkart’s co-founder and group chief executive officer, said. Sachin and Binny Bansal owned a little more than 5 per cent each in Flipkart, which was founded in 2007, according to business intelligence platform Paper.vc.The deal between Walmart Inc and Flipkart was earlier confirmed by SoftBank Group chief executive Masayoshi Son on May 9. Son announced the deal hours before Walmart could make the announcement about their biggest acquisition so far.“I think we announced it last night,” Son said, during an investor call, Bloomberg had reported earlier. “If not, well then that means I’m just spouting this out. In any case, it’s been decided.”Later during the announcement, Son said, “Oh, I see here that the Flipkart-Walmart deal isn’t fully confirmed at this point in time.” He then added, “Yabai desune,” which roughly translates from Japanese to “Oops” or “That’s not good,” the report added.“What should I do?” he said. “Well, I said it. I can’t take it back. So that’s it.”Son told investors that SoftBank, through its Vision Fund, had invested $2.5 billion in Flipkart and that the stake will be worth $4 billion in the deal, according to the report.Earlier reports had said that SoftBank would completely sell its 20 per cent stake in Flipkart to Walmart.Google parent Alphabet Inc, which was also expected to be a partner in the deal after acquiring 15 per cent stake for about $3 billion, was not mentioned by Walmart in its statement.Flipkart chief operating officer Binny Bansal had conducted a meeting with the firm’s top leadership at its Bengaluru headquarters on May 7, according to Reuters. The report also said that while Sachin Bansal would exit after the Walmart deal is sealed, chief executive officer Kalyan Krishnamurthy will remain with the firm.American e-commerce firm Amazon was also reported to made an offer to buy 60 per cent of Flipkart earlier this month. Related ItemsFlipkartSoftbankWalmartlast_img read more