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Hull City owner Russell Bartlett has traded £4m in loans with club

Hull City have loaned millions of pounds to the club's owner, the Essex-based property investor Russell Bartlett, since he took over in 2007, including at least £2.9m which went towards him buying the club in the first place. In total, the club has loaned £4.4m to Bartlett's holding companies, paid £560,000 in management fees, and at least £1m to Bartlett as a salary.

Source: Guardian.co.uk

SNG and GGYC agree to end 33rd America's Cup legal dispute

A settlement agreement signed by representatives from Société Nautique de Genève (SNG) and Golden Gate Yacht Club (GGYC) was filed today to the New York Supreme Court cancelling all pending litigation for the 33rd America’s Cup. Both clubs have agreed to drop their respective claims and definitively close all legal disputes surrounding the 33rd America’s Cup.

Source: Valencia Sailing

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