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South Caucasus News

London-based Armenian businessman Vatche Manoukian joins race to buy Everton


A group of international investors led by London-based businessman Vatche Manoukian have become the latest consortium to make a bid to buy Everton, Sky Sports reports.

Manoukian, the nephew of an Armenian entertainment and property tycoon, is a partner in global technology investment firm IMS Digital Ventures and his bid group is understood to include investors from the Gulf and United States.

Everton owner Farhad Moshiri was tied into a period of exclusivity with troubled US investment group 777 Partners until May 31 and could not enter into alternative discussions.

But the 777 Partners’ purchase agreement with Blue Heaven Holdings Limited for the sale and purchase of the majority shareholding in the club has now expired.

Manoukian follows Roma owner Dan Friedkin’s interest in acquiring the club. Friedkin, who bought the Serie A giants in 2020 and has an estimated worth of $6.1bn (£4.8bn), emerged as an interested party on Saturday.

A-Cap, the investment company that loaned 777 the funds with which they supported the club during their attempts to acquire Premier League approval, are looking to further invest, alongside current owner Moshiri.

Two local businessmen Andy Bell and George Downing are also looking to take ownership of the club.


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South Caucasus News

Macron calls snap parliament election as French far right dominate EU vote


French President Emmanuel Macron has called a snap parliamentary election, after the far right surged in the European election this weekend, the BBC reports.

The National Rally won more than double the votes of Macron’s centrist alliance.

“I cannot act as if nothing had happened,” Macron said, announcing his decision on Sunday night.

The parliamentary election will take place on 30 June and 7 July – Macron’s own position as president is not at stake.

Elsewhere in the European elections, European Commission chief Ursula von der Leyen said “the center is holding.”

But far-right parties made gains in Italy, Austria and Germany, as 360 million eligible voters chose 720 new Members of the European Parliament (MEPs).


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South Caucasus News

Foreign currencies rates fixed by Central Bank


1 ABŞ dolları

USD


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South Caucasus News

Horrific details of the Khojaly genocide revealed in court


Former Armenian militant Rashid Beglaryan revealed the facts of the mass murder of residents of the  of Khojaly in Karabakh, which were hidden by the Armenians. Beglaryan, 62, was arrested in August 2023 while attempting to illegally cross the Azerbaijani-Armenian border in the Lachin region. The investigation was conducted by…


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South Caucasus News

Armenia News – news.am


Armenia News  news.am

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South Caucasus News

Russia MFA comments on Armenia’s non-contribution to CSTO budget – news.am


Russia MFA comments on Armenia’s non-contribution to CSTO budget  news.am

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South Caucasus News

Azerbaijan reduces spending on cement imports from Türkiye by 2%


In January-May of 2024, Azerbaijan imported cement, glass, ceramics and earthenware worth $21.35 million from Türkiye, 2.2% less year-on-year (YoY).

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South Caucasus News

Taleh Ziyadov: Caspian Sea one of least studied places on Earth


The Caspian Sea remains one of the least explored regions on the planet, Taleh Ziyadov, General Director of the Baku International Sea Trade Port CJSC, said during the Caspian Blue Horizons Workshop, an event dedicated to fostering synergy between science

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South Caucasus News

Turkish police conduct operations in 20 provinces detaining 157 drug couriers


A special operation was conducted in Türkiye to combat illegal drug trafficking, and 157 drug couriers were detained over the past day, Minister of Internal Affairs Ali Yerlikaya said on X.

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South Caucasus News

Russia MFA comments on Armenia’s non-contribution to CSTO budget


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