Ian Wright sends passionate message to Pierre-Emerick Aubameyang over Arsenal future

first_img Comment Advertisement Advertisement Wright sent a message to Aubameyang (Picture: Instagram)‘Forget about last night. If you weren’t here with all due respect to the rest of our team we’d be in deep trouble.‘For you to score the amount of goals you are scoring whilst doing all that defending is just incredible!!! (Please stay and sign the ting).Arsenal return to action on Monday when they face Portsmouth in the FA Cup.They aren’t involved in the Premier League this weekend as their clash with Manchester City was postponed while they contest the Carabao Cup final against Aston Villa.Should Aubameyang leave Arsenal?Yes0%No0%Share your resultsShare your resultsTweet your resultsFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. Aubameyang is linked with an exit (Picture: BeFodi Images via Getty Images)Ian Wright has sent a passionate plea to Arsenal striker Pierre-Emerick Aubameyang, begging him to sign a new contract and stay at the Emirates.Former Borussia Dortmund forward Aubameyang has been linked with a move away from the club, with his contract expiring at the end of next season.Barcelona are among the sides thought to be interested in the Gabon international, 30. who has scored 20 goals in the Premier League and Europa League this season.He was on the scoresheet again in a shock defeat to Olympiacos but missed a glorious opportunity at the death that would have stopped his side crashing out of the Europa League.AdvertisementAdvertisementADVERTISEMENTAubameyang took to Instagram a day later and wrote: ‘I Woke up This Morning praying as usual and i thanks God for what he gave me.‘An incredible Family and you Fans are part of it 🙏🏽 thanks for all the messages and the love i received since yesterday.‘Football is great Even if he gives you sometimes Strange emotions but i Take it as a lesson again and keep my head up Season’s Not over yet 🙏🏽we’ll fight as a Team Till the end.’Arsenal legend Ian Wright was quick to respond to Aubameyang and begged him to stay beyond his current deal.‘We love you!!! This club loves you. Our fans love you,’ Wright wrote. Metro Sport ReporterSaturday 29 Feb 2020 10:44 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link257Shares Ian Wright sends passionate message to Pierre-Emerick Aubameyang over Arsenal futurelast_img read more

FTSE 100 companies report first pension surplus in 10 years

first_imgThe vast majority of FTSE 100 companies reporting at the end of 2017 used a discount rate in the range of 2.4% to 2.6%, according to the consultancy.Three-quarters of FTSE 100 schemes were using the most recently published life expectancy tables, marking another change in practice. Data from the UK’s Continuous Mortality Investigation last year reported that mortality rates improved by 2.6% a year between 2000 and 2011, but since then improvements have been “close to zero”. Estimated IAS19 funding level for UK pension schemes of FTSE 100 companies FTSE 100 companies reported an overall pensions surplus for the first time since 2007-08 at the end of last year, according to analysis from consultancy LCP.It estimated the schemes’ combined funding level stood at 101% at the end of 2017, up from 95% the year before. This turned a £31bn (€35bn) deficit into a £4bn surplus.There were three main reasons for the increase in funding levels, according to the consultancy: company contributions of £13bn, strong investment growth, and changes in the approach to longevity and discount rate assumptions that largely offset the impact of worsening financial conditions.A majority of companies were using “increasingly sophisticated” ways to set the discount rate, improving balance sheets by an estimated £15bn over the past two years, said LCP. Source: LCPcenter_img Source: LCPSome companies were also making changes to less well-known accounting assumptions, according to LCP. Retailer Next, for example, reported a change to inflation volatility – “an obscure assumption”, said LCP – which more than doubled its pension surplus.Company profitability did not appear to be a key determinant of the level of companies’ contributions to pension schemes, according to LCP. This was “despite a somewhat contrary regulatory position,” it said.FTSE 100 companies paid around £80bn in dividends in 2017, six times the contributions to their UK pension schemes.The consultancy estimated the companies’ combined pension surplus had increased to more than £20bn at the end of April.Surpluses to be short-lived?However, LCP warned that the aggregate accounting surplus might not be here to stay. This was because of “looming” changes to accounting standards (IFRIC 14) that could cause FTSE 100 companies’ balance sheets to worsen by around £50bn overall and “well over” £1bn for some individual companies.LCP also warned that amendments to international accounting rules for defined benefit schemes (IAS 19) would significantly alter – “in unintuitive and surprising ways” – how some companies accounted for ‘special events’, such as changes to the benefits offered.Phil Cuddeford, LCP partner and lead author of the report, said: “It is essential that corporate sponsors don’t think they’re out of the woods just yet. History has proven that such accounting surpluses can quickly be wiped out by deteriorating market and economic conditions.”Significant pension deficits remained on the funding basis that trustees typically used, he added, and “if balance sheet accounting changes go ahead as feared, the FTSE 100 [companies] are likely in for a nasty shock”.Nearly all FTSE 100 companies have a pension deficit on an insurance buyout basis, noted LCP, and for over a third this was material compared with their market capitalisation.Year-end discount rates were above traditional audit benchmarkslast_img read more