Arsenal in competition with Barcelona over the signature of AS Nancy teenager Bilel Hassaini

first_imgArsenal in competition with Barcelona over the signature of AS Nancy teenager Bilel Hassaini France youth international Bilel Hassaini is on Arsenal’s radar (Picture: Getty)A report from Foot Mercato last week stated that Arsenal would be looking to integrate Hassaini into their U23 team initially rather than into the first-team squad. Crystal Palace are also in the market for the youngster and could offer him a quicker route to first-team football.AdvertisementAdvertisementMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityUnai Emery is on the market for cheap reinforcements this summer having been given a meagre transfer budget of between £40-45m and signing a highly sought-after young player for a small fee would be in line with the club’s current financial situation.Arsenal have been linked with a number of young French players this summer including PSG defender Presnel Kimpembe, Saint-Etienne’s William Saliba and Dortmund’s Dan-Axel Zagadou.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal Comment Unai Emery is on the lookout for reinforcements this summer (Picture: Getty)Arsenal are competing with Barcelona over the signing of AS Nancy forward Bilel Hassaini after PSG dropped out of the running, according to Get French Football.The 18-year-old, who has been capped 11 times by France at U17 level, is available for transfer this summer as cash-strapped Nancy need to raise money to avoid relegation to National – the third-tier of French football.Hassaini had been in advanced discussions to join PSG, however, negotiations with the Ligue 1 champions have reached a dead end, resulting in Barcelona and Arsenal moving to the front of the queue to secure his services.Nancy would be entitled a compensation fee should Hassaini depart as he has refused to sign a professional contract with the club, meaning he is technically still a youth team player. PSG had been set to pay just €300,000 for him before talks collapsed.ADVERTISEMENT Advertisement Advertisement Metro Sport ReporterTuesday 25 Jun 2019 12:23 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link201Shareslast_img read more

Diversified Kambi delivers on 2019 growth

first_img Kambi takes control of Churchill Downs BetAmerica sportsbook August 28, 2020 Kambi takes full control of LeoVegas sportsbook portfolio August 26, 2020 StumbleUpon Share Kambi and DraftKings agree on final closure terms July 24, 2020 Submit Related Articles Share Stockholm-listed sports betting platform and systems provider Kambi Group Plc has reported a strong close to 2019 trading, which has been driven by a significant increase in partner wagering volumes recorded across its commercial pipeline.Publishing its full-year 2019 accounts, Kambi posted another consecutive quarter of double-digit growth by recording Q4 2019 group revenues of €27m (Q42018: €22m). Meanwhile, its full-year 2019 revenues have also shown an increase of 21% to €92m (FY2018: €76m).Maintaining its strong revenue performance, supported by an operating margin of 23%, Kambi has declared Q4 2019 operating profits of €6.2m (Q42018: €4.2m), resulting in a 16% increase in full-year group EBIT of €14.7 million (FY2018: €12.7m).Updating investors, Kambi Group CEO Kristian Nylén commented: “I’m delighted to report another strong quarter for Kambi, which rounds off a year in which annual revenues grew by more than 20% and operator turnover by more than a third. 2019 was another great year for Kambi, as we continued to build out a fantastic sports betting product, expanded into multiple new markets, and signed six new partners, all of which leaves us in a great place for 2020.”Closing 2019 accounts, Kambi governance has declared a profit after tax of €10.4m, as the Stockholm enterprise maintains an operating cash-flow of €8.6m.Detailing corporate highlights, Kambi governance has pointed to executing effective new partner launches throughout 2019 to boost its commercial pipeline and diversify its market make-up.In Europe, Kambi delivered on its key retail project for ATG Sweden by upgrading the Swedish state-owned operator’s retail betting systems across its 2,000-shop portfolio.Meanwhile, within the US Kambi has also secured a number of ‘market firsts’, including helping partner Rush Street Interactive take the first legal sports betting wagers in the states of Pennsylvania and New York.Of note, Kambi has detailed that it has fulfilled a key corporate initiative during 2019 by ‘diversifying geographical make-up’ away from saturated European markets, with the US partners contributing 37% of group revenues (Europe 61%).Nylén added: “The evolving nature of the sports betting industry means there will always be challenges to overcome but I know we have built a robust business with the capability and strength to withstand these pressures.“We operate in a fast-growing market, one which continues to embrace regulation and will, therefore, present Kambi and our partners with exciting opportunities for many years to come. Be in no doubt Kambi is well positioned both in the US and globally and I look forward to a prosperous 2020.”last_img read more