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REFILE-ALTCOINS-“Privacy coin” Monero offers near total anonymity

(Replaces cars with cards in eleventh graph)

* Monero is 12th biggest cryptocurrency by market capitalisation It has around $1.4 billion-worth in circulation

* Monero is used on darknet marketplaces – analysts

* Developer says Monero enables crime no more than cash

By Tom Wilson

LONDON, May 15 ( ) – Bitcoin’s share of the cryptocurrency market is sliding, with a host of alternative digital coins gaining ground as developers race to create digital cash that can gain a footing in mainstream commerce and finance.

As these “altcoins” grow in prominence, is publishing a series of stories that examines the features and characteristics of some of the alternatives to bitcoin that have grabbed the attention of developers, investors and regulators.

The first in this series looks at Monero – referred to as a privacy coin because it allows users to conceal nearly all details of transactions. It has become increasingly used for illegal purposes.

Since its launch in 2014, Monero has grown to be the 12th biggest cryptocurrency by market capitalisation with around $1.4 billion-worth in circulation.

HOW IS MONERO DIFFERENT TO BITCOIN?

Every transaction involving Monero obscures the digital addresses of the senders and receivers, as well as the value of the transaction. That offers users near-total anonymity, allowing them to instantaneously send digital cash without leaving any clues.

Bitcoin was initially seen as opaque, as the identity of the owners of digital wallets used to send and receive bitcoin is not public.

But details recorded permanently on the blockchain after bitcoin is sent and received can, in fact, give up clues that can be used to pinpoint those identities. This has become increasingly easy with the advent of firms that specialise in analysing blockchain transactions.

WHY’S IT GAINING ATTENTION?

When Norwegian police earlier this year gave details of the kidnapping of the wife of a wealthy businessman, they said the family had demanded a ransom in cryptocurrencies. Local press reported that the suspects wanted to be paid in Monero.

The unusual request underlined a growing trend for criminals to seek alternatives to bitcoin, which through its first decade has become the cryptocurrency of choice for illicit activities from buying contraband to laundering money, cyber security experts and law enforcement agencies say.

Bitcoin proponents say that traditional cash is also widely used for criminal activities.

Monero’s use on darknet marketplaces – sites used for buying illicit goods from drugs to stolen credit cards – is on the rise, said Tom Robinson, chief data officer of Elliptic, a London-based firm that provides blockchain-tracking software to law enforcement agencies and private companies.

Three of the biggest five darknet markets now accept Monero, Robinson said, though he added the caveat that bitcoin is still the most widely used cryptocurrency for darknet payments.

One of Monero’s developer team said Monero enables crime no more than cash. Its developers should stay out of debates on its traceability or risk undermining its decentralised nature, Francisco Cabanas told .

“It doesn’t selectively encourage crime, it encourages commerce,” said Cabanas, who goes by the nickname “ArcticMine,” in an interview via Skype from Vancouver. “In that respect, it’s no different to cash.”

Monero is also widely used for “cryptojacking,” or illicit cryptocurrency mining, where hackers infect computers and steal their power to mine new coins – a highly lucrative endeavour.

Nevertheless, over 4 percent of the 17 million Monero in circulation were mined using malware, said Guillermo Suarez de Tangil, a cybersecurity lecturer at King’s College London who has researched Monero.

“There is a clear phenomenon of the underground using Monero, and selling malware that will contribute to Monero mining,” he said.

Monero’s developers say its characteristics make it a useful tool for companies looking to maintain commercial secrecy. Users in repressive countries looking to avoid censorship or surveillance can also safely move money in the form of Monero, they say.

IS LAW ENFORCEMENT WORRIED? WHAT DO REGULATORS SAY?

Cryptocurrencies are mostly unregulated. Though countries from Britain to the United States are looking at how to deal with the phenomenon, few have set out comprehensive strategies for dealing with digital coins.

Asked about Monero, Borja Pastor de la Morena, an official at Europol in The Hague who oversees the agency’s work on money laundering said: “This kind of alternative cryptocurrency is more opaque and better at concealing the activity of the users.”

He said: “It’s a phenomenon that we are paying attention to”

And though aware of the propensity for cryptocurrencies to be used for money laundering, few financial national-level regulators have specifically addressed privacy coins.

Britain’s finance ministry, which leads a task force that is looking at if and how Britain will regulate cryptocurrencies, said it was aware of the potential for Monero to be used for criminal ends.

“We recognise the risks with cryptoassets like ‘privacy coins’ being used for illicit activity,” a spokesperson said, adding that it would “soon” launch a consultation on bringing crypto-related companies under anti-money laundering regulation.

Japan’s financial watchdog, sensitive to money laundering potential of privacy coins, last year asked a Tokyo-based exchange to review its listings. The exchange later ceased trading Monero.

WHO’S BEHIND MONERO?

Like bitcoin, Monero is governed by a virtual community of hundreds of developers that lacks any centralised authority.

Cabanas is one of only two publicly-known members of its seven-person core developer team, who act as stewards for updates to its code.

Mitchell Krawiec-Thayer, a San Francisco-based blockchain developer who is part of Monero Research Labs, said Monero is designed so it can be easily mined by individuals rather than powerful groups that team up to mine coins in industrial quantities.

“This lowers the barrier of entry to everyone,” he said. “The downside is that criminals have started using that. Steal上海夜生活ing other people’s resources, putting strain on their equipment – it’s a straight-up threat.”

Monero has recently launched a response group, where those infected by malware can seek help, Krawiec-Thayer said.

WHO USES MONERO FOR LEGITIMATE PURPOSES?

Data on who uses Monero, and why, is scarce. That’s a challenge for understanding the usage of any cryptocurrency, even more so for one designed to obscure its tracks.

Daily transactions for Monero – one proxy for how widely the cryptocurrency is used – have hovered around 8,000 this month, data from website CoinMetrics shows. The number of active digital wallet addresses for Monero has hung around 5,000.

By comparison, bitcoin sees around 320,000 transactions a day, with about 785,000 active addresses.

Monero is not the only privacy coin. Others, such as ZCash, have grown popular with investors, often for speculative reasons but also because of interest in their privacy features.

Grayscale, the world’s biggest crypto asset manager with around $1.3 billion under management, allows investors like hedge funds to invest in ZCash.

Amid growing acceptance of privacy coins, a number of major exchanges list Monero. For example, Malta-based Binance, one of the world’s largest exchanges, allows users to trade the coin.

Binance declined to comment on Monero, but said it has a comprehensive review process for evaluating coins and tokens for listing, and that it carries out periodic reviews on projects.

G20 finance chiefs express concern over risks from ‘intensified’ trade conflict

FUKUOKA, Japan ( ) – Group of 20 fi上海夜生活论坛nance leaders on Sunday said that trade and geopolitical tensions have “intensified”, raising risks to improving global growth, but they stopped short of calling for a resolution of a deepening U.S.-China trade conflict.

After fiery negotiations that nearly aborted the issuance of a communique, finance ministers and central bank governors meeting in southern Japan repeated tepid support for a rules-based multilateral trading system.

“Global growth appears to be stabilizing and is generally projected to pick up moderately later this year and into 2020,” the G20 finance leaders said in a communique issued as the meetings in Fukuoka closed.

“However, growth remains low and risks remain tilted to the downside. Most importantly, trade and geopolitical tensions have intensified. We will continue to address these risks and stand ready to take further action.”

It also said that G20 finance leaders had agreed to compile common rules by 2020 to close loopholes used by global tech giants such as Facebook and Google to reduce their corporate taxes.

The communique also contained pledges to increase debt transparency on the part of borrowers and creditors. Another priority is sustainable infrastructure development, an issue brought into sharper focus by concerns that China’s massive Belt and Road infrastructure drive was saddling poor countries with debt they can’t repay.

DROPPED CLAUSE

However, the final language excluded a proposed clause to “recognize the pressing need to resolve trade tensions”, which was dropped from a previous draft debated on Saturday.

The deletion, which G20 sources said came at the insistence of the United States, shows a desire by Washington to avoid encumbrances as it increases tariffs on Chinese goods. The statement also contains no admissions that the deepening U.S.-China trade conflict is hurting global growth.

International Monetary Fund (IMF) Managing Director Christine Lagarde emphasized that “the first priority should be to resolve the current trade tensions” while working to modernize international trading rules.

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The IMF this week warned that, while growth is still expected to improve this year and next, the U.S.-China tariff war could cut 0.5 percent from global GDP output in 2020, about the size of G20 member South Africa’s economy.

U.S. Treasury Secretary Steven Mnuchin on Saturday said he did not see any impact on U.S. growth from the trade conflict and that the government would take steps to protect consumers from higher tariffs.

Mnuchin met People’s Bank of China (PBOC) Governor Yi Gang on Sunday in the first meeting of high-level U.S. officials in a month, but it produced no immediate result. Mnuchin described the meeting as “constructive” and “a candid discussion on trade issues”, but offered no further detail.

The PBOC said in a statement that the two finance officials “exchanged views on global economic and financial situation, G20 issues, as well as topics of mutual interest”.

The Buenos Aires G20 summit in December 2018 marked the start of a five-month trade truce between the United States and China to allow for negotiations to end their intensifying trade war. But those talks hit an impasse last month, prompting both sides to impose higher tariffs on each other’s goods as the conflict nears its first anniversary.

TRUMP-XI SUMMIT

The widening fallout from the U.S.-China trade war has tested the resolve of the group to show a united front as investors worry if policymakers can avert a global recession.

The bickering over trade language has dashed hopes of Japan, which chairs this year’s G20 meetings, to keep trade issues low on the various agendas at the finance leaders’ meeting.

Mnuchin said that U.S. President Donald Trump and Chinese President Xi Jinping would meet at a June 28-29 G20 summit in Osaka, but the meeting has not been confirmed by China.

The planned meeting was said by Mnuchin to have parallels with the two presidents’ Buenos Aires meeting on Dec. 1, when Trump was poised to increase tariffs on $200 billion of Chinese goods.

Trump took that step in May and will be ready to impose similar 25% tariffs on a remaining $300 billion list of Chinese goods around the time of the Osaka summit.

At the Buenos Aires meeting, the G20 leaders described international trade and investment as “important engines of growth, productivity, innovation, job creation and development. We recognize the contribution that the multilateral trading system has made to that end,” their communique said.

The leaders in that communique called for reform of World Trade Organization rules that they said were falling short of objectives and pledged to review progress at the Japan summit.

Trump may discuss secretary of state job with critic Romney: source

NEW YORK ( ) – U.S. President-elect Donald Trump planned a Saturday meeting with Mitt Romney, the 2012 Republican presidential nominee and fierce Trump critic, and may discuss whether he should be a candidate for secretary of state, a source familiar with the meeting said on Thursday.

Trump already has a lengthy list of potential candidates for the post of top U.S. diplomat, including former New York Mayor Rudy Giuliani, former U.S. Ambassador to the United Nations John Bolton, U.S. Senator Bob Corker of Tennessee, and South Carolina Governor Nikki Haley, who met Trump on Thursday.

Trump, a former reality TV star, has shown a flair for the dramatic in his deliberations over his Cabinet, saying only he knows who “the finalists” are.

Corker told CNN on Wednesday he was “in the mix” for the position but that Trump might pick someone who was closer to him during the presidential campaign. He met on Thursday in Washington with Vice President-elect Mike Pence.

Trump’s expected meeting with Romney amounts to an olive branch of sorts to one of his sharpest critics. Romney, who in a speech in March called Trump “a phony, a fraud,” urged Republicans to vote for anyone but the New York real estate magnate while the party was picking its presidential nominee.

Trump, in turn, used harsh rhetoric at times during his campaign to dismiss Romney as a failure who blew a chance in 2012 to defeat Democratic President Barack Obama, whom Trump felt was a w上海夜网eak opponent.

The source told that a broad discussion was expected during the meeting and that discussion about the secretary of state position was possible. The source had said earlier his understanding was that the meeting would occur on Sunday.

Asked about the meeting, Trump senior adviser Kellyanne Conway suggested it was still being arranged. “We’re working on it,” she said.

‘TRUMP WILL MAKE DECISION’

“I think it’s good that the president-elect is meeting with people like Mr. Romney,” U.S. Senator Jeff Sessions of Alabama, one of Trump’s closest confidants and a potential nominee for defense secretary, told reporters at Manhattan’s Trump Tower.

Sessions sounded far from certain Romney would be offered a job.

“There are a lot of talented people that he (Trump) needs good relationships with. And I think Mr. Romney would be quite capable of doing a number of things. But he will be one of those, I am sure, that’s reviewed. Donald Trump will make that decision,” Sessions said.

When Romney, a former Massachusetts governor, opted out of running for the 2016 Republican presidential nomination, people close to him suggested that serving as secretary of state might be appealing to him if a Republican won the presidency.

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A steady stream of potential Trump administration hires made their way through the lobby of Trump Tower to meet with either Trump or officials close to him.

All indicated a willingness to serve, such as Jeb Hensarling, a Texas Republican who is chairman of the U.S. House of Representatives Financial Services Committee. He is a potential treasury secretary in the Trump administration.

“I stand ready to help the president in any capacity possible. I’ve got a great position in public policy today, if he wants to talk to me obviously, about serving somewhere else, we’ll look at serving somewhere else,” he told reporters.

UPDATE 1-Speculators cut bullish bets on U.S. dollar – CFTC and

(Adds dollar, yen and yuan details)

By Kate Duguid

NEW YORK, May 10 ( ) – Speculators cut their net long bets on the U.S. dollar in the latest week, according to calculations by and Commodity Futures Trading Commission data released on Friday.

The value of the net long dollar position was $38.08 billion in the week ended May 7, down from $38.88 billion the prior week.

To be long a currency means traders believe it will rise in value, while being short points to a bearish bias. The speculative market has been long on the dollar since mid-June last year.

U.S. dollar positioning was derived from net contracts of International Monetary Market speculators in the yen, euro, British pound, Swiss franc, and Canadian and Australian dollars.

In a broader measure of dollar positioning that includes net contracts on the New Zealand dollar, Mexican peso, Brazilian real and Russian ruble, the U.S. dollar posted a net long position of $34.34 billion in the week to May 7, compared with $34.92 billion the previous week.

Speculators cut their bullish positions a上海夜生活网s the dollar index fell after U.S. President Donald Trump on May 5 said he would increase tariffs on up to $200 billion worth of imports from China – a policy which went into effect Friday. The ratcheting up of trade tensions also drove the offshore Chinese yuan to four-month lows.

In the latest week, speculators cut short bets on the Japanese yen for the first time since mid-February . The Japanese yen is a safe-haven currency and has benefited from increasing trade tensions between the United States and China.

Trump’s trade war cost U.S. economy $7.8 billion in 2018: study

WASHINGTON ( ) – President Donald Trump’s trade battles cost the U.S. economy $7.8 billion in lost gross domestic product in 2018, a study by a team of economists at leading American universities published this week showed.

Authors of the paper said they analyzed the short-run impact of Trump’s actions and found that imports from targeted countries declined 31.5 percent while targeted U.S. exports fell by 11 percent. They also found that annual consumer and producer losses from higher costs of imports totaled $68.8 billion.

“After accounting for higher tariff revenue and gains to domestic producers from higher prices, the aggregate welfare loss was $7.8 billion,” or 0.04 percent of GDP, the researchers said.

The study was authored by a team of economists at the University of California Berkeley, Columbia University, Yale University and University of California at Los Angeles (UCLA) and published by the National Bureau of Economic research. www.nber.org/papers/w25638

Having dubbed himself the “tariff man,” Trump pledged on both the campaig上海夜网n trail and as president to reduce the trade deficit by shutting out unfairly traded imports and renegotiating free trade agreements.

Trump has pursued a protectionist trade agenda to shield U.S. manufacturing. Washington and Beijing have been locked in a tit-for-tat tariff battle for months as imposing unilateral tariffs to combat, and Trump has imposed tariffs that have roiled the European Union and other major trading partners.

The authors said while U.S. tariffs favored sectors located in “politically competitive” counties, the retaliatory tariffs imposed on U.S. goods have offset the benefits to these areas.

“We find that tradeable-sector workers in heavily Republican counties were the most negatively affected by the trade war,” the researchers said.

De Bruyne decided to extend his contract

Kevin De Bruyne, the Manchester City playmaker, decided to extend his contract and sign the new deal and it means that it will stay in this town until 2023 as the club announced it on Monday.

The Belgium international had his previous contract running until 2021 and there were talks between the club and the player since the beginning of the season as he was thought to deserve a better contract that will reflect his value for the club. He has been evaluated as one of the best world’s midfielders this season and he has been a crucial part of Pep Guardiola’s squad…

The former Chelsea player spoke about his feelings as he said, according to ESPN: “I am really happy to have signed this new deal. As I’ve said previously, my intention has always been to stay here at City, where I’ve felt at home from day one. Not only are we winning — we are playing great football. It’s a pleasure to be a part of and I’m really excited about what we can achieve in the coming years.”Top 5 Real Madrid players who are succeeding on a loan Tomás Pavel Ibarra Meda – We need to talk about the Top 5 Real Madrid players who are currently succeeding away from the club and are currently on a…

He also admitted that this decision was an easy one for him: “It was pretty easy [the decision to stay]. Obviously, you hear a lot of people talk about other clubs but I think at the moment we are 上海夜生活one of the best clubs in the world. The way this club is working as a whole unit is unbelievable. I’ve never witnessed it in other clubs before like that.”

In the end, Txiki Begiristain, the director of football, claimed: “Kevin’s new deal is great news for our club. He has shown this season how important he is to the team and has been integral in everything we’ve done so far. We are thrilled he has committed his long-term future to Manchester City.”

Howe left frustrated after being held by West Ham

Eddie Howe, the Bournemouth coach, admitted that he was a bit frustrated as his side conceded an almost immediate equalizer against West Ham United and they were held to a 1-1 draw.

Ryan Fraser scored the first goal of the game in 71st minuted for the home side but it wasn’t enough to win the match anyway as Javier Hernandez equalized just two minutes after that the clash ended 1-1. It means that the Cherries haven’t been beaten for five matches in a row but despite that, Howe was a bit disappointed while being in charge of the club in his 100th Premier League game.

The talented British coach spoke about this match as he said, according to Sky Sports: “We didn’t start the game particularly well, we came under pressure early but did well to defend that and not concede. We grew into the game and scored a great goal from our perspective, and looked a real threat on the counter-attack in the second上海夜生活论坛 half. The frustrating thing is the timing of their second goal.”Top 5 Real Madrid players who are succeeding on a loan Tomás Pavel Ibarra Meda – We need to talk about the Top 5 Real Madrid players who are currently succeeding away from the club and are currently on a…

He also insisted that it was probably caused by the lack of concentration: “There was no time to enjoy it or build on it, which is frustrating. I don’t think the lads switched off or that it was a concentration issue, it was just the fact we didn’t win two big headers outside our box. It’s a frustration because at that stage I thought we were the better team and we were looking to build upon a great goal.”

In the end, Eddie Howe claimed that he was pleased by the performance of his two substitutes, Joshua King and Junior Stanislas: “Junior’s pass for our goal was sublime. He’s got the quality and makes us play very good football, so we’re delighted to have him back.  Josh has been such a key player for us in recent times, hopefully, those guys can give us a real lift.”

Rivaldo confident Coutinho will thrive in Barcelona

The Reds ace is still heavily linked with a move to Camp Nou.

Liverpool midfielder Philippe Coutinho will be a success in Barcelona, according to former Catalan Rivaldo. The ‘Magician’ from Anfield was a subject of serious speculations over the summer transfer window, and the rumours linking him with the Catalans have once again surfaced the media.

The Catalans will surely have to fork out a big amount of money to secure the Brazilian, but former Brazil international Rivaldo has no second thoughts regarding Coutinho, whom he sees as a perfect fit for the La Liga side.

“I do not know if the signing will be made or not because there is a lot of money involved, but I am convinced that if he comes to Barca, he will succeed because it is easy to succeed here with the quality he has.” Rivaldo said in front of Mundo Deportivo.Leicester boss Brendan Rodgers relishing Liverpool return Andrew Smyth – Brendan Rodgers is relishing Leicester City’s trip to his old club Liverpool, whom he described as a “privilege” to work for during his three-year stint.

“His football will be embraced by the fans of Barca.”

Meanwhile another Brazilian, Paulinho, has proven to be a great ba上海夜生活rgain for Barca, following a surprising move from the Chinese side Guangzhou Evergrande.

“Paulinho is doing a great job.” Rivaldo added.“He is an important player in both Barcelona and the national team.”

Arthur: No deal with Barcelona

Gremio midfielder Arthur claimed he has signed no deal with FC Barcelona, despite meeting the Catalan side

The 21-year-old prospect says that “first contact” has been made with Ernesto Valverde’s men but him signing a contract is still far away, despite speculations of a potential transfer move in January.

Arthur has been heavily linked with a transfer to the La Liga giants, especially after the midfielder was spotted wearing a Barca shirt last week. That was enough to get speculators going.

After that incident, many suggested that a deal had already been completed between Gremio a上海夜生活nd Barcelona, yet the 21-year-old midfielder has denied that is the case.

“On the Barcelona issue, they really talked to me. We had a meeting, but I want to clarify that we have nothing agreed or defined,” Arthur told Esporte Interativo.Opinion: FC Barcelona needed to end the internal war Tomás Pavel Ibarra Meda – After a victory at Camp Nou, we believe that FC Barcelona did well by ending the internal war between players and the board ASAP.Those…

“It’s a club that I admire a lot. It was only first contact for them to get to know me and my family, and for me to meet them, let’s take it easy. There is nothing definite, but we did have a conversation.”

“I’m a Gremio player. My agent did not negotiate any contract. That did not happen. Any deal has to be good for me and good for the club, which is my home, where everything started. I arrived with 14 years, I am a Gremio fan at heart, my blood is blue,” he added.

The midfielder was named as the outstanding player in the Copa Libertadores final, which many suggest could be a sign of him getting interest from more big European clubs.

Despite the interest of other club giants, such as Manchester United, Barcelona reportedly went on to submit a €35 million bid for the youngster, but the Brazilian club have refused the amount. They probably know some clubs will pay even more for the youngster’s signature.

Guardiola: “De Bruyne capable of anything”

Pep Guardiola is certain that Kevin De Bruyne is one of the world’s best creative midfielders also because of the fact that he is able to perform on a high level even in the most important matches of the season.

The Spanish coach relies on his Belgian key player ahead of the upcoming derby match against Manchester United and he claimed that De Bruyne can do “absolutely everything” on the pitch and he is certain that he can prove it once again. Guardiola’s side can be 11 points clear if they will manage to win this match and the title would be arguably over 上海夜生活at that point.

The former Barcelona and Bayern Munich coach spoke about the abilities of De Bruyne as he said, according to Sky Sports: “He can do everything on the pitch. And, in terms of mentality as well, he never hides. The big players you realise in the bad moments, the bad moments in terms of 75 minutes, we are losing, how you react in that situation.”Solskjaer “very pleased” after another failure to win George Patchias – Ole Gunnar Solskjaer said he was “very pleased,” even though United failed to win yet again.It is now ten games on the road since…

He added that he is world-class also because he can show up in big moments: “With 4-0 everybody is a top-class player, the important time is when you are in the bad moments. I think he is world class because he can do absolutely everything.”

Guardiola also spoke about whether he will play Agüero or Gabriel Jesus as they both have been in a really good shape recently: “Maybe it is one of the toughest decisions because both are top, both deserve to play. I am so happy with both of them. When you play with two strikers, it is easy to take a decision. Gabriel is the best striker in the world in the high pressing. There is no one with the intensity and reading between the central defenders, attacking the holding midfielders from behind.”

Boateng admits he considered leaving Bayern Munich

The full-back was not happy with his situation at the Allianz Arena.

Bayern Munich defender Jerome Boateng has opened up about the summer transfer window, saying he was ready to leave the club. However, he is now pleased that Jupp Heynckes has returned to the Bavarians, whose arrival has chan上海夜生活网ged his mind when it comes to a potential departure.

The 29-year-old’s last season campaign was plagued with injuries as he started only 10 games for the Bundesliga champions. The time spent on the sidelines probably affected Ancelotti’s view of the player as Boateng was not a regular starter during important games. This led to the defender’s frustration, which made him consider his options carefully during the close season.

“Maybe because I played not that much with him as coach, he saw me as less because of my injuries,” Boateng told Kicker.Kovac cryptic about plans to stop Kane Nedim Maric – Bayern Munich will travel to North London in order to face Pochettino’s Tottenham in a Champions League derby.Bundesliga looks like it’s never been as…

“I had a conversation with the leaders about how they see me in the summer, I said I was thinking about it (a transfer).”

Yet, the German full-back is happy to see Bayern’s old manager return to the hot seat at Allianz Arena, believing that Heynckes is the right man to bring the club back on the victorious path.

“(Heynckes’) attitude that he wants to give something back to FC Bayern is very positive for us as a team. There are not many managers who have such a keen sense of how to deal with players, their approach, their training, their motivation.”

Sarri: “Manchester City are the best in Europe”

Napoli head coach Maurizio Sarri has declared the Citizens as ‘clearly the best team in Europe’ right now.

The Partenopei will be facing Manchester City in England for the first match between the two clubs in the Champions League. Both sides have been enjoying an incredible start of the season, with each of the clubs taking the first seat in their respective leagues.

Despite Napoli’s remarkable start of the season, their manager noted that his team is taking on the ‘best club’ in Europe right now.

“They win all their games with at least five goals,” Sarri pointed out in his pre-match Press conference, according to Football Italia.

“The last time they didn’t score a goal was August, and they’re also strong in the defensive phase. It will be very hard.

“They seem unbalanced, but they’re not they always press the ball with a lot of men. I’ve seen important things from City, though I haven’t watched上海夜网 too many matches as I didn’t want to spoil other evenings.Willian warns Chelsea of ‘difficult’ Ajax threat Andrew Smyth – Willian admits Chelsea will need to prepare well for their next Champions League clash at Ajax after overcoming Lille OSC 2-0 on Wednesday.

“They’re clearly the best team in Europe.

The Napoli coach also took the time to thank his colleague Pep Guardiola as the Catalan had nothing but applause for Sarri.

“All I can do is thank him and congratulate him, because he’s clearly the best Coach in the world.

“30 years ago [Arrigo] Sacchi left his mark on football, and in a few years we’ll realise how important Guardiola was.

“If someone like him compliments you, you can only be happy.”

Real need someone like Mbappe

Former Madrid star Steve McManaman thinks Real need a player like Mbappe, and not Harry Kane

Steve McManaman says Los Blancos should be looking for a young prospect like Kylian Mbappe. The former 上海夜生活Real star doesn’t like the idea of spending €200 million on Tottenham striker Harry Kane.

Real Madrid continue to be linked with Spurs’ outstanding attacker, Harry Kane. The English striker has already been called as the “successor” of Cristiano Ronaldo.

Kane’s impressive form for both Spurs and England has made him Real Madrid’s target. The English striker has won two Golden Boot awards in the last two seasons in London and is likely to win the third one at the end of this season.

McManaman, though, feels that Real would be better advised signing a player with potential to unlock rather than paying over the odds for a proven performer, GOAL reports.

The former Real midfielder spoke to MARCA before the highly-expected game between Tottenham and Real Madrid at Wembley:  “I would prefer [to sign] a young boy like Kylian Mbappe.”

“It’s very difficult to sign Kane. The price of footballers today is crazy,” McManaman said.Explaining FC Barcelona’s war between players and board Tomás Pavel Ibarra Meda – We need to shed some light into what is actually happening between FC Barcelona’s players and the board of directors.We need to address this…

The 45-year-old retired midfielder said he can’t understand Kane’s price: “You need to pay €200 million for Kane and I do not understand those figures.”

While McManaman feels a big-money move for Kane makes little financial sense, he does believe that the 24-year-old would find it easy to settle in Spain, GOAL continues.

Not many players are willing to make the move from the Premier League to any Spanish clubs, because of the huge differences in for example culture and language.

McManaman added: “In England the clubs are very professional, and it is a great place to be.”

The 45-year-old said Kane wouldn’t have problems with getting around in Madrid, and Real players who speak English could easily help him.

“Kane can stay in London because he is happy with his family. But if he moved to Real Madrid, surely he wouldn’t have problems adapting.”

“Cristiano Ronaldo, Luka Modric and other players speak English and can help him. Madrid is also a beautiful city,” he concluded.

Barcelona monitoring Leverkusen trio

Barcelona are looking for solutions to boost their squad options and they have put three Bayer Leverkusen players on their list.

Barcelona had a good start of the season, finding themselves at the top of La Liga table, five points clear of rivals Real Madrid. However, the Catalans are still looking for reinforcements, after a summer in 上海夜生活网which their transfer business was far from impressive.

Having lost Neymar to PSG for €222m, the Catalans spent the rest of the transfer window looking for worthy replacements. And although they have been linked with some very big names, they have only brought in Ousmane Dembele from Borussia Dortmund. Furthermore, the French forward got injured two weeks into the season and will be unavailable for the rest of the year.Pique sends a warning message to the board after Barcelona scrape the win against… Nedim Maric – The turmoil at the beginning of the season caused a lot of concerns at Barcelona.Shaky start of the season for Barca saw them get…

Although reports suggest that Barcelona have not given up at the thought of bringing Philippe Coutinho from Liverpool, the Catalans are also looking for alternatives. The Spanish newspaper Sport writes that Ernesto Valverde’s side are currently monitoring three Bayer Leverkusen players: Jonathan Tah, Julian Brandt and Leon Bailey.

Jonathan Tah is a 21-year-old centre back who has attracted a lot of interest lately, especially from Premier League clubs. Leon Bailey (20) and Julian Brandt (21) are both wingers that can play on any side of the attack. Brandt is a German international and has also attracted interest from major clubs, Bayern Munich monitoring his progress in Bundesliga.

The three Leverkusen players could prove to be a worthy alternative to Philippe Coutinho, as they will probably require around the same transfer fee expenditure, but would in turn provide much more options in the squad. Furthermore, all three of them are very young and have a lot of playing time ahead of them, as well as margins for further development.

Difficult situation for Rodriguez at Bayern Munich

The language barrier is proving to be a huge issue for the Colombian.

Bayern Munich forward James Rodriguez is in a very complicated position, insists new Bayern Munich manager Jupp Heynckes. The Colombia international has been struggling to settle in at the club due to the language barrier.

Reports in Spain suggest that the player is 上海夜网now looking forward to return back to Spain, taking into consideration the sacking of Carlo Ancelotti.

Heynckes, who has taken over at the Bavarians, admitted that James is having troubles when it comes to communication, but also said he would stand by the 26-year-old and support him all the way.Ivan Perisic: “I really wanted to join Mourinho at Man United” Andrew Smyth – Ivan Perisic has opened up on his failed transfer to Manchester United two years ago, which is something he still bitterly regrets to this day.

“James Rodriguez doesn’t speak German. German football is very different to football in South America. It’s a very difficult situation for a young player.” the Bayern boss told the club’s website during his official presentation.

“However, he has to know that he can count on my support and my help because I like players with talent and I believe he has a lot of talent.

“I’ve seen his games for Real Madrid but I don’t know him personally. When they come back [from the international break], I’m going to talk with them and give them some advice.”

Albrighton: Drinkwater can expect hostile reception

Marc Albrighton says his former team-mate could face 上海夜生活论坛a hostile reception this weekend if he were to play against Leicester.

Danny Drinkwater secured a €40m move from Leicester to Chelsea on transfer deadline day and he could make his debut for the Blues in the match against his former team. If the England International were to start for Chelsea in the weekend, Leicester will then face their title-winning central midfield couple: N’Golo Kante – Danny Drinkwater.

Kante moved to Chelsea immediately after winning the title with Leicester, at the end of the 2015/2016 season. One year later, he is followed by Drinkwater and the pair will now work together for Antonio Conte.

Speaking to SkySports, Leicester’s winger Marc Albrighton gave his opinion on the possibility of Drinkwater making his debut against his former team: “It will be strange for us, but it’ll be stranger for him. To play in front of the fans that he played for, for so many years, but once the whistle goes, it’s business as usual.Lampard challenges Hudson-Odoi to emulate Sterling Andrew Smyth – Frank Lampard wants Chelsea’s talented youngster Callum Hudson-Odoi to follow in Raheem Sterling’s footsteps in becoming a star.

I’m sure he’ll be professional and do the best he can. He might get stick for 90 minutes, but barring that I’m sure the Leicester fans will be fantastic with him.

He’s achieved some tremendous things, that no one thought this club could achieve in this era, and he’s been a huge part of that, from getting them out of the Championship, to winning the Premier League, to Champions League football.”

Albrighton also spoke about how strong Chelsea’s new central midfield will be with his two former team-mates: “I think they’re certainly up there. Manchester United have got a strong midfield but with Drinkwater and N’Golo in there it’s going to take some stopping and there won’t be many that overrun that. They’re great individuals, but when they’re playing together, how they compliment each other is fantastic.”

Everton with a class act

The club has announced they will host a charity football match in respect to Bradley Lowery as they aim to support the Bradley Lowery Foundation to help children with cancer.

The Toffees will host a celebrity match on 3 September, after previously donating £200,000 to the charity set up by Bardley’s family.

Little Bradley passed away on 7 July after a tough battle with cancer. He was diagnosed with neuroblastoma when he was just 18 months old.

Bradley’s parents said the support their family received was fantastic. The people from Goodison Park formed a special relationship with Bradley during Everton’s match at Sunderland in September 2016 and then when he was a guest at Merseyside.Kean thrilled with Everton support Nedim Maric – The young Italian striker moved from Juventus this summer to try and leave his mark on the Premier League.Among the Italian racism crisis, which…

Everton Chairman Bill Kenwright stated to the club’s website:

“I didn’t know him for long bu上海夜生活t from the second he walked out onto the pitch with his beloved Sunderland against us, I felt an overwhelming need to support him.

“He was the loveliest lad – still an imp, but with the biggest heart.”

Bradley’s family has established the Bradley Lowery Foundation, which aims to help other families with children with cancer. Everton’s charity game will help raise funds and support the good cause.

New details about Messi’s tax fraud scheme

Messi cleared his record, as the Spanish Court decided to replace his suspended prison sentence with a fine.Written by Cosmin Mihalescu. June 27, 2017.

But the problems didn’t end for the Argentinian star. According to the Spanish press, Messi used his foundation to hide his revenues from the Spanish authorities.

The Spanish journalists from ABC said: “Leo Messi Foundation created a structure to hide tens of millions of euros resulted from sponsorship agreements that were not declared. The Foundation cannot confirm that the amounts have been spent for social projects of helping children with problems.”

Furthermore, the journalists explain that the institution was used as an “umbrella organisation for a big part of the revenues obtained between 2007 and 2015.” It is thought that more than €10m were not declared to the Spanish or Argentinian authorities.Kane: Spurs out of excuses after shock Carabao Cup exit Andrew Smyth – Harry Kane concedes that Tottenham only have themselves to blame following a shock Carabao Cup exit at the hands of Colchester United.

The foundation started to become active six years before its official registration. In 2007, it started its activity in Barcelona, and later on, in 2009, an office was also opened in Rosario, the player’s hometown.

Finally, the initial organisation was registered in Barcelona in 2013, when the foundation was not active in Spain, because all the contracts were signed in Rosario, for both the Argentinian and the Spanish organisation, with the revenu上海夜生活论坛es not being declared.

The Argentinian fiscal authorities closed the activity of the organisation from Rosario, because they have failed to present their accounts for three consecutive years.

Verratti plans to hold talks with PSG over his future

The Italian playmaker is wanted by a number of top clubs in Europe and his agent plans on discussing his future with the Parisian club.Written by Cosmin Mihalescu. May 2, 2017.

Donato di Campli, Verratti’s agent has urged the need of talks with Paris Saint-Germain over the future of th上海夜生活网e club and his client.

Having seen their chances to win Ligue 1 diminishing on the weekend and after yet another disappointing Champions League campaign, the French club now stand to lose one of their best players also.Inter Milan V Lazio: Players to Watch Taimoor Khan – Inter Milan are set to host Lazio at the San Siro on Thursday and the game is definitely going to be an exciting affair…

Although acknowledging that he would need to time his meeting with the club perfectly, considering their current situation, di Campli said that a discussion is inevitable: “I don’t feel like saying anything. A lot of wrong things have been said. I want to keep things calm as PSG aren’t in the happiest of moments. We’ll ask for a meeting with the club to discuss Marco’s future. The club have said that Marco won’t leave so we have to respect the will of the club. But we will make a point of the situation after the Coupe de France final.”

Verratti himself has also claimed that their objectives for the season have not been met, although he considers that the team is growing every year: “If Paris are not champions, we will not have achieved what we had in mind at the start of the season. But I think PSG are always a team that grows, I feel better after this season”, he said.

Inter’s persistence pays off

After weeks of rumours and testing the field, Internazionale Milano have finally managed to arrange a meeting with their number one target.Written by Cosmin Mihalescu. May 1, 2017.

Diego Simeone would be interested in the role of manager on Giuseppe Meazza, in case he finally manages to win the Champions League with Atletico.

Having spent the last weeks trying to persuade Simeone to listen to their plans, Inter have now arranged a meeting with the Argentinian and they are set to make him an official offer.

The Italian giants have prepared an openin上海夜网g offer of €6m per season for Simeone and they will test his reaction after the second leg of the Champions League semi finals that Atletico will play against local rivals Real Madrid.Inter Milan V Lazio: Players to Watch Taimoor Khan – Inter Milan are set to host Lazio at the San Siro on Thursday and the game is definitely going to be an exciting affair…

In order to persuade Simeone, Nerazzurri are willing to guarantee him total control of the transfer policy at the club, with promises of huge investments from the new Chinese owners.

One obstacle in Cholo’s way to Milan might be his current contract that expires in 2018 and the promise that he has made to the Atletico board that he will lead them into the next season, which will see them move into their new stadium.

However, an eventual victory in the Champions League final would be regarded as the completion of a cycle by the Argentinian coach and he would then be more willing to consider a fresh start somewhere else.

Simeone has played for Inter between 1997 and 1999 and has always made it clear that he would like to return to Giuseppe Meazza as a manager later in his career. Another ace in the sleeve of Inter is their current vice-president, Javier Zanetti, who is a very good friend of Simeone, from their playing time for both Inter and Argentina.