17. West Ham United
Revenue and EBITDA figures are for the 2023-24 season, except for Major League Soccer teams, whose figures are for the 2024 season.Note: Revenue and EBITDA figures have been converted to U.S. dollars based on the average exchange rate during the season (1 euro = $1.0816; 1 pound = $1.2608), and team values and debt figures have been converted using the exchange rate as of March 27, 2025 (1 euro = 1.0788; 1 pound = $1.2938).
Total revenue: $349 millionEBITDA: $70 millionDebt as a percentage of value: 0%
Match day: $56 millionCommercial: $82 millionBroadcasting: $211 million
Country: EnglandLeague: Premier LeagueLeague championships: 0Owner(s): David Sullivan, Daniel Křetínský, Gold family trustStadium: London Stadium – 62,500 seating capacity
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Hamilton Spectator
15 hours ago
- Hamilton Spectator
Tajon, Buchanan, Jonathan David lead the way as Canada downs Ukraine 4-2
TORONTO - Tajon Buchanan scored a goal and set up two more by Jonathan David as Canada defeated Ukraine 4-2 on Saturday in the opening game of the inaugural Canadian Shield Tournament. Promise David, no relation, also scored for Canada in his senior debut. Both Ukraine goals came in the dying minutes. Illia Zabarnyi scored in the 89th minute, tapping home a teammate's header to cheers from the pro-Ukraine crowd. Arsenal's Oleksandr Zinchenko added another from the penalty spot in stoppage time after Buchanan was pinged for handball in the Canadian penalty box. It was an impressive outing, full of offensive flair, by the 30th-ranked Canadian men in their first outing since finishing third at the CONCACAF Nations League Finals in March. And when No. 25 Ukraine threatened, goalkeeper Maxime Crepeau was up to the task for the first 88 minutes. Jonathan David upped his Canadian men's record goal total to 34 in 62 appearances. Buchanan, meanwhile, looked back to his electric self on the wing. No. 86 New Zealand faced No. 41 Ivory Coast in the late game at BMO Field. On Tuesday, Canada plays Ivory Coast after New Zealand faces Ukraine. There will be a trophy awarded after the two competition days, with games going straight to a penalty shootout if tied after 90 minutes. A regulation-time win will be worth three points, with a penalty shootout victory two points and shootout loss one point. There were plenty of yellow- and blue-clad fans in Saturday's announced crowd of 20,145, cheering on Ukraine which has not played at home since Russia invaded in February 2022. There are more than 1.3 million Canadians of Ukrainian descent and Canada has accepted some 300,000 refugees from Ukraine since the war started. The Ukraine starters came out with Ukraine flags draped on their shoulders. Mykola Matviyenko's captain's armband was emblazoned with the chevrons of Ukraine's combat brigades. The Ukraine anthem was sung with gusto on a sunny 17 C afternoon. And pro-Ukraine chants started soon after the kickoff. But Canada went ahead in the fourth minute with Buchanan as playmaker down the right flank. Buchanan beat two defenders and then floated a cross to Jonathan David whose initial header was cleared off the goal-line by a defender. The ball came right back to David who made no mistake with a second header. That drew chants of Canada, Canada. Crepeau made a pair of key saves soon after to preserve Canada's lead, denying an attempted chip by Zinchenko after making an acrobatic save from close-range. Buchanan and Jonathan David combined again in the 24th minute with David, off a Buchanan cross, deftly, flicking a header backwards past goalkeeper Anatoliy Trubin, who plays in Portugal for Benfica. Promise David, who scored 24 goals in all competitions for Belgian champion Union Saint-Gilloise this season, made it 3-0 in the 31st minute, pouncing on an errant pass by defender Valeriy Bondar before sliding a low shot through Trubin to open his Canada account. David, a local boy who had friends and family in the stand, celebrated with an enthusiastic slide towards the corner flag. Daniel Jebbison, who plays in England for Bournemouth, came on to start the second half for his second cap, in place of Promise David. Ukraine's Heorhiy Sudakov had a glorious chance in the 72nd minute but put his header over the crossbar. The Canadians were not as connected in the second half although Jonathan David came close to his hat-trick in the 75th, only to see his redirect go high. Substitute Jayden Nelson hit the goalpost in the 78th minute. Jonathan David extended a minute later to a standing ovation. Buchanan made it 3-0 in the 81st minute, outmuscling a defender in front of goal to knock home a ball headed his way off a Canadian free kick for his fifth Canadian goal. Canada improved to 7-4-5 under coach Jesse Marsch with one of these ties turning into a penalty shootout win over Venezuela and another into a shootout loss to Uruguay, both at last summer's Copa America. Canada's previous scoring high under Marsch was a 3-0 win over No. 137 Suriname in November 2024. Marsch, who said he planned to use his entire roster across the two games, fielded a young, relatively inexperienced squad. The starting 11 went into the game with a combined 241 caps, with 186 of those supplied by Buchanan, David, captain Stephen Eustaquio and Derek Cornelius. Five Canada starters —- Promise David, Zorhan Bassong, Luc de Fougerolles, Nathan Saliba and Niko Sigur — went into the game with three caps or less. The average age of the Canadian starting 11 was 22.5 years. Marsch said some of his roster selection was enforced, given Nelson, Sam Adekugbe and Ali Ahmed missed training after arriving sick in the Canadian camp in Halifax following the Vancouver Whitecaps' trip to Mexico for last Sunday's CONCACAF Champions Cup final loss to Cruz Azul. Nelson came in off the bench in the 64th minute. Ukraine also went to its bench, with goalkeeper Dmytro Riznk of Shakhtar Donets replacing Trubin in the 66th minute. Ukraine also brought a young squad, with six of its starters from domestic clubs. The other five were from clubs in England, Greece, Portugal and Spain. —- This report by The Canadian Press was first published June 7, 2025
Yahoo
a day ago
- Yahoo
Failed Muni Bond Draws FBI and Sparks `Ponzi-Like Fraud' Claims
(Bloomberg) -- Before the lawsuits started piling up in courtrooms across Connecticut, before his employer accused him of running a 'massive Ponzi-like fraud,' and before the FBI showed up, Robert Cappelletti looked well on his way to pulling off one of the greatest muni-bond coups of all time. Next Stop: Rancho Cucamonga! Where Public Transit Systems Are Bouncing Back Around the World ICE Moves to DNA-Test Families Targeted for Deportation with New Contract US Housing Agency Vulnerable to Fraud After DOGE Cuts, Documents Warn Trump Said He Fired the National Portrait Gallery Director. She's Still There. The plan Cappelletti had put together was so audacious it bordered on the fantastical. The housing agency he ran in Groton, a sleepy town of some 40,000 people along Connecticut's Thames River, would sell $750 million of bonds to jumpstart a $4 billion project to transform a bunch of run-down shopping plazas into a sprawling, up-scale development. There'd be a new train station, a hospital, almost 2,000 apartments and dozens of shops and restaurants. It would have been the biggest local bond issue in the state's history and expanded the tiny Groton agency far beyond its role managing two apartment complexes. And yet Cappelletti — a part-time employee with a mixed record running other housing agencies in the state — breezed through a series of crucial steps needed to complete the sale. He got approval from the five-person board that runs the agency; crafted a brief financial projections statement; scored an investment-grade bond rating; and started the process of lining up buyers for the debt. It was only when the bond sale collapsed this winter and Cappelletti was removed from office that the complex financial web that he had spun across Connecticut for years came to light. Cappelletti engaged in double-dealing, created shell companies and failed to disclose loans he took out, leaving, in the process, a trail of financial wreckage across the state, lawyers for the Groton agency alleged in the most high-profile case against him. In February, they sued Cappelletti for fraud, claiming he borrowed at least $3 million without the commission's knowledge through subsidiaries he controlled. In subsequent court documents, the authority alleged Cappelletti also took 'millions of dollars' from non-commercial lenders and other 'questionable entities' that were then transferred to others, including businesses owned by his brother, David, that received about $1 million. The housing authority's attorneys are working with the FBI, which is investigating, according to people familiar with the matter who asked not to be identified discussing internal matters. 'Everybody is disgusted,' said Ric Silver, who lives in an apartment in Pequot Village, a 104-unit complex managed by the authority. Cappelletti declined to comment through his attorney, Joseph Martini, who also declined to comment. Cappelletti's brother, David, who was named as a co-defendant in the suit last month, also declined to comment. On June 2, in court papers filed in connection with the Groton case, Ivan Ladd-Smith, another lawyer for Cappelletti, said he intends to deny the allegations. A press official for the FBI declined to comment. Robert Frink, the chair of the Groton Housing Authority, said the board has opened an investigation but is 'unable to go into greater detail at this time.' That Cappelletti drew so little scrutiny as he pushed ahead with the deal is a testament to the vulnerabilities in the vast network of government agencies struggling to provide affordable housing to low-income families across America. To finance new projects and try to address the housing crisis, the local agencies routinely sell municipal bonds, a loosely regulated corner of the securities market where deals are often just rubber-stamped. Many of the agencies have been plagued by mismanagement, poor oversight and corruption. Since 2023, prosecutors have brought bribery and fraud charges against housing authority officials in Ohio, North Carolina, Georgia, Pennsylvania, Illinois, Montana and New York, where 70 former and current New York City Housing Authority officials were ensnared in a historic case. In Connecticut, the events in Groton are drawing fresh scrutiny to the more than 100 independent housing agencies across the state, which only has enough affordable rental homes to meet the needs of about one-third of the lowest-income households. 'Until we fix the regulatory disconnect,' said Robert Boris, chair of Groton's economic development commission, 'bad actors will continue to exploit it and working families will continue to the pay the price.' Cappelletti, 58, has worked in public housing for two decades. A graduate of Assumption University, a Catholic school in Worcester, Massachusetts, he joined the housing authority in Stamford, Connecticut, in 2002 to run the city's Section 8 voucher program, according to his LinkedIn profile. In 2009, he became the executive director for the Meriden Housing Authority and five years later tacked on a similar part-time job for the Waterbury Housing Authority. Just before starting at Groton in 2016, he left the post in Waterbury. There, an investigation found he had used $56,653 of public funds to buy a Chevrolet Silverado for business and personal use even though he wasn't entitled to a vehicle, had slid someone onto the payroll without the agency's approval and allowed a contractor to live rent-free in an apartment managed by the agency in exchange for painting work. Cappelletti and Waterbury reached a separation agreement that included no admission of wrongdoing. The Groton job was a relatively modest one — mostly the oversight of 174 rental units — that Cappelletti could do while still running the agency in Meriden some 50 miles away. Cappelletti, though, envisioned much bigger things for Groton. A manufacturing hub just off the Long Island Sound, best known for its naval base, General Dynamics Corp.'s submarine factory and the sprawling research facility for the drugmaker Pfizer Inc., the town had a relatively strong economy. But that had left it with a shortage of affordable housing, and its main commercial corridor was lined with aging, strip-style retail. Cappelletti called his development project Groton 2030. It'd reserve 20% of the 1,925 apartments for lower-income residents, a key selling point to the authority's board, which approved the project in June 2023. Per the plan, Cappelletti would oversee the project himself through a development arm of the housing authority instead of hiring an experienced developer or soliciting bids. One of the housing agency commissioners who signed off on the plan, Joe Greene, soon had regrets. In an interview, Greene said he had reluctantly approved the bond during a last-minute video call but had doubts after asking for details. Cappelletti never presented a real business plan, Greene said, and the town had not received formal notice that one of its agencies was planning a massive bond sale. At odds with the rest of the board, Greene resigned that September. Two years later, he remains mystified by it all. 'I still don't know how you're going to pay off a $750 million bond in a five-year timespan when you don't own the property and when there was no business plan,' he said. 'People were amazed at the amount of money.' With the approval in hand, Cappelletti put the deal in motion. He had the Groton authority pay $25,000 to a New Jersey-based investment banker, according to a check register obtained under a freedom of information request. The authority also hired Connecticut law firm Pullman & Comley as bond counsel and obtained an 'A' rating from Egan-Jones based on a few financial projections it turned & Comley declined to comment. Eric Mandelbaum, general counsel for Egan-Jones, said the firm can't comment on particular transactions but 'stands behind its work and record, which are based on methodologies that are publicly available.' Related Story: A New Ratings Game: 3,000 Deals, 20 Analysts, Lots of Questions The sale bogged down after that. Month after month, its completion kept getting delayed. Then, in May 2024, it all started to unravel on Cappelletti when the Groton commissioners received subpoenas ordering them to travel across the state to provide sworn testimony. Months earlier, a lawsuit had been filed against Cappelletti's Meriden Housing Authority and a subsidiary, Maynard Road Corp., that had defaulted on a $16 million loan. The lender, Titan Capital, subpoenaed the Groton commissioners because Cappelletti had made $629,000 of loan repayments with funds pulled from their agency, not Meriden's. The Meriden agency is now on the hook for about $30 million — to repay the Titan loan with interest as well as $12.5 million owed to Citizens Bank for a project in Bristol, Connecticut. Back in a September 2023 board meeting, the Groton commissioners had asked Capelletti about the cash used to pay off Titan, which was recorded as an expense for the Groton 2030 project. They were assured they'd be reimbursed when the bond deal closed, minutes of the meeting show. But the Meriden lawsuit raised new questions, and when Groton commissioners started digging, they found that companies controlled by Cappelletti had bought properties in Winchester, Connecticut, and Fitchburg, Massachusetts to redevelop. Cappelletti also allegedly forged a resolution to approve $2.7 million of lease agreements for the authority, according to the February lawsuit filed by the Groton agency. 'This case involves the discovery of a massive Ponzi-like fraud,' lawyers for the agency said in a court filing. 'Over the course of at least seven years, Cappelletti accepted millions of dollars in funds from non-commercial lenders or other questionable entities.' In January, the agency suspended Cappelletti and canceled his contract. The FBI probe continues and the lawsuits are wending their way through Connecticut courts. 'Our focus now,' said Frink, the chair of the Groton Housing Authority, 'is to ensure a complete and fulsome investigation.' Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again The SEC Pinned Its Hack on a Few Hapless Day Traders. The Full Story Is Far More Troubling Is Elon Musk's Political Capital Spent? Trump Considers Deporting Migrants to Rwanda After the UK Decides Not To What Does Musk-Trump Split Mean for a 'Big, Beautiful Bill'? ©2025 Bloomberg L.P.
Yahoo
a day ago
- Yahoo
WestBow Press Announces the book, Answer With Truth, Has Earned Exclusive Lighthouse Recognition
Book will be presented at Harper Collins Christian Publishing (HCCP) June sales conference and be distributed and have sales support from HCCP. BLOOMINGTON, Ind., June 7, 2025 /PRNewswire-PRWeb/ -- WestBow Press announced today that Answer With Truth by David "Goose" Mills has qualified for the Lighthouse Recognition Program, an exclusive benefit that recognizes WestBow Press titles that demonstrate retail sales momentum. The book will be presented at the upcoming HarperCollins Christian June sales conference and enjoy a range of additional benefits, including Bookstore distribution through the HarperCollins Christian Publishing Edelweiss seasonal catalog Product placement in the FaithGateway online bookstore Presentation to regional bookstore buyers by the HCCP sales team "We are delighted to see Answer With Truth achieve Lighthouse Recognition," said Pete Nikolai, Director of Publishing Services at HCCP. "This program helps amplify important voices, and we are eager for David Mills' message to reach a broader audience." About Answer With The Truth Answer With Truth by David "Goose" Mills equips families with biblical answers to common challenges to the Christian faith. Drawing on his experience as a retired Air Force officer and founder of Men's Alliance, Mills helps parents confidently lead their families spiritually. To learn more about Men's Alliance visit About David "Goose" Mills David Mills is the founder and director of Men's Alliance, a national men's ministry. He is a retired Air Force officer and missionary to men in America, married to Kerry since 2000 with four children. About WestBow Press WestBow Press, a division of HarperCollins Christian Publishing in alliance with Author Solutions, is the supported self publishing imprint committed to helping Christian authors bring their stories to market with excellence. Select high performing titles are evaluated for potential acquisition by Thomas Nelson and Zondervan. Learn more at or call 1 844 714 3454. Media Contact Marketing Services, WestBowPress, 1 844 714 3454, pressreleases@ View original content to download multimedia: SOURCE WestBowPress Sign in to access your portfolio
