A cheeky website about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington. If you have a tip or want to discuss a story please feel free to email Betaville at ben@betaville.co.uk.

Bank holiday review: blue is the colour, football is the game... - Part 2

Wednesday, 5 September 2018, 12:21 pm

So, there are a couple of "new" names of potential buyers of Chelsea Football Club floating around the London market at the moment.

Now, to be clear this information is very much UNCOOKED (see below for definition of UNCOOKED) as Betaville has spent all summer trying to corroberate the story for a WELL-DONE alert or front page splash in the paper but has so far failed to do so...

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How modern day journalism works: the Evening Standard scoopette, the governor of the Bank of Engand and the BBC...

Monday, 3 September 2018, 10:24 pm

Any financial hack that has been around for over a decade in the UK market knows things have changed dramatically.

But the recent reporting of Mark Carney's potential extension to his term as the governor of the Bank of England demonstrates how ridiculous the situation has become.

Let's start from the beginning: the Evening Standard's excellent diary column runs a piece about how Mark Carney had been asked to stay on for a year by the Treasury. Below is a link:..

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Pro European City types cook up new British advocacy group / political party - The Series Returns... - Part 3

Thursday, 30 August 2018, 9:09 pm

This piece (see the link below) in the venerable Financial Times would appear to be connected to the series of stories Betaville has been running since last year about a bunch of pro European City types looking to back a new centrist, er, pro European political party.

https://www.ft.com/content/e03f1e1e-a938-11e8-94bd-cba20d67390c..

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Another Insider scoop...

Tuesday, 28 August 2018, 7:33 pm

Hat tip to The Insurance Insider.

Adam McNestrie, editor of the trade newspaper for the specialist insurance industry, broke a tale last week about the imminent takeover of US-listed insurer Aspen by Leon Black's Apollo for $2.6 billion. Below is the link:..

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SportsREdirect...

Thursday, 23 August 2018, 10:36 pm

Are you bored waking up every morning to pages and pages of Brexit coverage about essentially the same issues and arguments that have been aired since the referendum?

Are you fed up with the lack of hard corporate news?

Is the recent bout of media navel gazing about the state of (my) industry driving you up the wall?

Well, it is August after all so something has to fill the pages.....

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Betaville Intelligence

RARE ALERT: 21st Century Fox said to ...

Wednesday, 22 August 2018, 10:36 pm

21st Century Fox has appointed a powerful shareholder solicitation firm amid speculation it is preparing to launch a final "knockout" offer for Sky.

According to sources claiming to be familiar with the matter, Rupert Murdoch's media group - which has already struck a deal to sell the majority of its assets to Walt Disney Corporation for $52 billion - has mandated Georgeson to sound out Sky shareholders about whether they are willing to support its £14.00 a share offer for Sky...

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A Fletch skewering...

Monday, 20 August 2018, 9:37 am

Betaville's old boss - Richard Fletcher, now business editor of The Times - does a good job of skewering Rightmove.co.uk this morning and its figures about house prices in August.

Fletch is journalist of the old school, asks tough questions and isn't afraid of handing out huge bollockings, as Betaville found out during our time at The Daily Telegraph. ..

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Chinese said to be in talks with Wirecard about purchasing a 25pc stake; could make a move on the whole company - part 4

Friday, 17 August 2018, 4:45 pm

Remember Wirecard?

Let me remind you in case you don't: it's the controversial German payment company that two years ago was the focus of a public attack by short sellers.

And two years ago, Betaville broke a series of stories about how Wirecard had seen interest from the Chinese, possibly China Mobile, about buying a large stake in the business. Below is a link to one of those pieces:..

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Is the tide turning for Odey the Brexiteer? - part 34

Wednesday, 15 August 2018, 8:35 pm

There is more good news for Crispin Odey in the latest HSBC hedge fund index rankings.

Odey's flaghsip fund is up almost 26pc year to date and currently tops the HSBC leaderboard for the best performing European hedge funds.

That's quite the turnaround for the contrarian hedgie, who Betaville understands has been holidaying in Provence, the South of France over the last few weeks...

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Argo Blockchain poised to start trading - sources - Part 3

Tuesday, 14 August 2018, 12:18 pm

It's not exactly been a great start for Argo Blockchain, the cryptocurrency mining group, as a listed company on London's main bourse.

Shares in London's first ever listed cryptocurrency-related "business" are down about 43pc since it floated and currently trading around 9p after hitting the market at 16p.

Investors are wondering whether those people/institutions that were issued stock at 8p and lower ahead of the IPO are likely to hold if the stock continues to slump...?..

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[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].