Benfica star Rafa Silva keen on Arsenal transfer

first_imgAdvertisement Silva has a £71.5m release clause (Picture: Getty)Rafa Silva is eager to join Arsenal with the Gunners pushing hard to sign the Benfica star, according to reports in Portugal.Mikel Arteta is aiming to revamp his squad in the next transfer window, but Benfica are set to drive a hard bargain for Rafa.Correio da Manha claim Silva has a whopping £71.5million release clause in his current deal and Benfica have the attacker under contract until 2024.Benfica are aware of Arsenal’s interest and the Gunners are ‘strongly engaged’ in a bid to sign the left-sided midfielder.ADVERTISEMENTArsenal are expected to focus on snapping up free agents and negotiating swap deals this summer, but the Gunners may be helped in their efforts to sign Rafa by the player himself.AdvertisementAdvertisementRafa has repeatedly been linked with a move to the Premier League and having turned 27 earlier this month, the Portugal international appears ready to take on a new challenge. Coral BarryWednesday 20 May 2020 2:25 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link7.7kShares Benfica star Rafa Silva keen on Arsenal transfer Advertisementcenter_img Comment Silva is keen on a switch to Arsenal (Picture: Getty)The interest from Arsenal has pleased Rafa and he is keen to link up with Arteta’s squad, where he would receive a significant increase on the wages he currently pockets at Benfica.Clubs may find themselves dropping asking prices or holding onto their star players in a bid to ride out the financial difficulties caused by the coronavirus pandemic.While Rafa wants to join Arsenal, he also intends to win another league title with Benfica with the Primeira Liga expected to restart later next month.Porto are a point clear of Benfica in a razor-thin battle for the title and each side has ten fixtures left to play.Arsenal have been linked with a number of players in recent weeks, including Chelsea’s soon-to-be free agent Willian and Bayern Leverkusen winger Moussa Diaby. Messi, Simeone and La Liga teams gear up for comebackTo view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Play VideoLoaded: 0%0:00Progress: 0%PlayMuteCurrent Time 0:00/Duration Time 2:52FullscreenMessi, Simeone and La Liga teams gear up for comeback is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.MORE: Shkodran Mustafi explains how ‘incredible’ Mikel Arteta has inspired Arsenal squadMORE: Granit Xhaka sends message to Arsenal over Pierre-Emerick Aubameyang transfer and defends Mesut OzilFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram. For more stories like this, check our sport page.last_img read more

Cost-cutting ABP lowers contribution by nearly 4 percentage points

first_imgThe €293bn civil service scheme ABP has lowered its contribution by 3.8 percentage points to 21.6%, mainly following cost-cutting measures for its pension fund.It said the main reasons for its decision were the reduction of the yearly pension accrual from 2.05% to 1.95% for 2014 and the increase of the official retirement age from 65 to 67.Half a percentage point of the premium reduction came as the result of ending a temporary recovery levy, leaving the excess contribution for recovery at 3 percentage points for 2014.ABP said it based its decision on its funding of 106.2% on 1 November. However, it stressed that the financial position at year-end would be “crucial”.If its coverage ratio is less than the minimum required level of 104.2%, a second rights cut – effective as of 1 April 2014 – will be unavoidable, it warned.However, if the scheme’s funding is sufficiently solid at year-end, the board may decide to undo last April’s rights discount of 0.5%, ABP said.If the coverage ratio is unexpectedly high on 31 December, the board may even look into the possibility of removing the remaining recovery levy or indexation, it said.Opposition politicians have been suspicious of the motives behind the sudden and significant premium reduction at ABP.Barry Madlener of the Freedom Party (PVV) said he suspected the government might have played a role in the decision.“Other pension funds don’t seem to be keen to follow ABP’s example,” he said.Paul Ulenbelt, spokesman for the Socialist Party (SP), echoed the sentiment.“It is very odd that, soon after a 0.5% rights discount, the contribution is decreased by 3.8 percentage points,” he said.“It seems the Cabinet is granting the civil servants a salary rise, without paying them from the national budget.”On its website, the AbvaKabo, the largest public sector union, claimed it achieved a net salary increase of 2% for civil servants as compensation for the reduced pensions accrual.last_img read more

Soon: safer, more convenient link between Panay, Guimaras, Negros

first_img“Maskisin-o sa ila welcome basta makapatindog lang sang maayo kag konkreto nga bridge thatwill serve the best interest sangIloilo kag Guimaras,” said Gumarin. Poestated that of the six provinces of Region 6, “Guimaras has the mostdisadvantages due to its small size as well as lack of reliable connectivity tothe main island of Panay.” The project involves the construction of a 32.47-km, four-lane, two sea-crossing bridges, including connecting roads and interchanges. The project will cost P189.53 billion, to be funded by China through Official Development Assistance. FILEPHOTO It had been previously reported that aChinese firm would be building the Panay-Guimaras bridge and that Filipinotycoon Ramon Ang was also interested. “These are the building blocks of ourpeople’s dreams and aspirations…to ease congestion and spread growth throughoutthe country,” said Socioeconomic Planning secretary Ernesto Pernia. Following the Iloilo Strait motorboattragedy in August last year, Sen. Grace Poe filed Senate Resolution No. 75 pressing forthe building of the Panay-Guimaras-Negrosbridge. The implementing agency is theDepartment of Public Works and Highways. ILOILO City – Expect safer, faster andmore convenient transportation linkage between Panay, Guimaras and Negrosislands through a connected land passageway – specifically three bridges. Calls for the building of a bridgelinking Panay/Iloilo City and Guimaras became louder in August last yearfollowing the capsizing of three motorboats at the Iloilo Strait where 31people died. The project involves the constructionof a 32.47-km, four-lane, two sea-crossing bridges, including connecting roadsand interchanges. He did not say, however, when the constructionwould commence. Once realized, the proposed bridgeconnecting Panay and Guimaras would be another travel option when crossing theIloilo Strait to go to any point in the nearby island province from IloiloCity. It could curb if not totally eliminate fatal sea mishaps. Bridgesconnecting Panay, Guimaras and Negros were conceptualized during theadministration of then President Corazon Aquino but none of the administrationsthat succeeded hers managed to concretize the plan for lack of funds. He expressed concern that the seriesof recent strong earthquakes in Mindanao that destroyed public infrastructurescould change the President’s mind about building bridges. Traveling to Guimaras would be muchsafer via bridges, said Guimarin. At present, the island province is accessibleonly via motorboats. Thislack of connectivity, she stressed, not only hinders the economy of Guimarasbut also endangers the lives of people “since boat trips are at the mercy ofthe weather.” CCC Highway Consultants Co., Ltd. ofthe People’s Republic of China was the company that conducted the feasibilitystudy for the proposed bridges last year. Yesterday NEDA announced that itsInvestment Coordination Committee approved the proposed bridges connecting thethree islands.  Theseare seen to improve the highway trunk networks thus allowing the efficient flowof people, goods and services between the three islands, according to the National Economic and Development Authority (NEDA). Early this year, Gov. Samuel Gumarinsaid he would be writing President Rodrigo Duterte to seek assurance that thebridge project would push through. The project will cost P189.53 billion,to be funded by China through Official Development Assistance. Based on the project profile, theIloilo/Panay-Guimaras Bridge will start in Leganes, Iloilo and end inBuenavista, Guimaras. It would be between four to seven kilometers long. On the other hand, the Guimaras-NegrosBridge will start in San Lorenzo, Guimaras and end in Pulupandan, NegrosOccidental. It would be between five to 12 kilometers long./PNlast_img read more