Latest news with #Criteria
The Herald Scotland
01-05-2025
- Sport
- The Herald Scotland
Hamilton learn appeal outcome following 15-point deduction
The Lanarkshire club were found guilty of multiple SPFL rule breaches by an independent disciplinary panel. Those four charges saw the club fined £9,000, and more importantly, docked 15 points. Read more: Due to the results that followed, this saw Accies relegated to League One, with the likes of Airdrieonians, Dunfermline and Queen's Park thrown a survival lifeline. List of charges passed down by the SPFL in full: Charge 1: Breach of Rules B1, E17 and E18 in relation to the failure to notify the SPFL of Remuneration Defaults in respect of six players and a failure to act with the utmost good faith in its representations to the SPFL Board regarding the lifting of a transfer embargo after previous Remuneration and Tax Defaults. Sanction: Immediate 12 point deduction and £5,000 fine Charge 2: Breach of Rule D4.3.2 in relation to the provision of incorrect information regarding stadium ownership in the Club's Season 2024/25 Membership Criteria submission. Sanction: £3,000 fine (£1,500 of which has been suspended) Charge 3: Breach of Rule D4.8 in relation to the downgrading of the Club's Scottish FA Club Licence overall award from Bronze to Entry level. Sanction: Immediate 3 point deduction Charge 4: Breach of Rule E28.7 in relation to the late provision of the Club's Membership Criteria submission for Season 2025/26. Sanction: £1,000 fine (fully suspended)
The National
01-05-2025
- Sport
- The National
Hamilton learn appeal outcome following 15-point deduction
The Championship club have LOST the appeal, meaning the points penalty remains. The Lanarkshire club were found guilty of multiple SPFL rule breaches by an independent disciplinary panel. Those four charges saw the club fined £9,000, and more importantly, docked 15 points. Read more: Due to the results that followed, this saw Accies relegated to League One, with the likes of Airdrieonians, Dunfermline and Queen's Park thrown a survival lifeline. List of charges passed down by the SPFL in full: Charge 1: Breach of Rules B1, E17 and E18 in relation to the failure to notify the SPFL of Remuneration Defaults in respect of six players and a failure to act with the utmost good faith in its representations to the SPFL Board regarding the lifting of a transfer embargo after previous Remuneration and Tax Defaults. Sanction: Immediate 12 point deduction and £5,000 fine Charge 2: Breach of Rule D4.3.2 in relation to the provision of incorrect information regarding stadium ownership in the Club's Season 2024/25 Membership Criteria submission. Sanction: £3,000 fine (£1,500 of which has been suspended) Charge 3: Breach of Rule D4.8 in relation to the downgrading of the Club's Scottish FA Club Licence overall award from Bronze to Entry level. Sanction: Immediate 3 point deduction Charge 4: Breach of Rule E28.7 in relation to the late provision of the Club's Membership Criteria submission for Season 2025/26. Sanction: £1,000 fine (fully suspended)
STV News
25-04-2025
- Business
- STV News
Hamilton Accies appeal against points deduction to be heard next week
An appeal by Hamilton Academical Football Club against a 15-point deduction and £9,000 fine will be heard next week. The South Lanarkshire club have been consigned to relegation from the Championship after being subjected to the penalty that leaves them bottom of the table. They have lodged an appeal against the decision in the hope of having it overturned. The SPFL confirmed on Friday that the appeal will be heard on Thursday, May 1, with a decision made on the same day. Hamilton were seventh in the second-tier of Scottish football before they were hit by the points deduction, but now sit seven points adrift with only six points left to play for. They will take on promotion chasing Livingston and Falkirk in their final two games. A statement from the SPFL released on last week said: 'Hamilton Academical Football Club have today received a 15-point deduction and been fined £9,000 after the Club was found to have breached multiple SPFL Rules by an independent SPFL disciplinary tribunal.' The SPFL Board had issued four charges against the club and the club were found by the independent tribunal to have breached SPFL Rules and have been sanctioned. The breaches being appealed include: 'Failure to notify the SPFL of Remuneration Defaults in respect of six players and a failure to act with the utmost good faith in its representations to the SPFL Board regarding the lifting of a transfer embargo after previous Remuneration and Tax Defaults' which brings an immediate 12-point deduction and £5,000 fine. 'The provision of incorrect information regarding stadium ownership in the Club's Season 2024/25 Membership Criteria submission.' which brings a £3,000 fine (£1,500 of which has been suspended). 'The downgrading of the Club's Scottish FA Club Licence overall award from Bronze to Entry level.' – which brings an immediate three-point deduction. 'The late provision of the Club's Membership Criteria submission for Season 2025/26.' – which brings a £1,000 fine (fully suspended). Get all the latest news from around the country Follow STV News Scan the QR code on your mobile device for all the latest news from around the country
Reuters
27-03-2025
- Business
- Reuters
Spain's Criteria says no current talks on stake in Naturgy
MADRID, March 27 (Reuters) - Spanish holding company Criteria said on Thursday it was not at present in negotiations with any potential investor regarding its stake in the energy utility Naturgy ( opens new tab. The statement comes after Bloomberg News reported on Monday that Abu Dhabi's TAQA ( opens new tab had approached Naturgy's largest shareholder, Criteria, to revive an offer for a stake in the Spanish utility. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here. Criteria, which holds a 26.7% stake in Naturgy, said in a filing to the stock market supervisor that it "is not currently in negotiations with any potential investment group regarding its stake in Naturgy Energy Group". Bloomberg said on Monday the UAE's minister of investment and TAQA chairman, Mohamed Hassan Alsuwaidi, had travelled to Spain to meet with a Criteria executive to discuss a potential deal. Last year, TAQA was eyeing Criteria's stake for a possible partnership agreement but failed to reach a deal. Shares in Naturgy were up 0.5% in late afternoon trading while Spain's blue-chip index Ibex-35 (.IBEX), opens new tab was flat.
Yahoo
25-03-2025
- Business
- Yahoo
UAE's Taqa Has Approached Criteria on Naturgy Deal
(Bloomberg) -- The United Arab Emirates' Taqa has reached out to Naturgy Energy Group SA's largest shareholder to revive an offer for a stake in the €24 billion ($26 billion) Spanish utility, people familiar with the matter said. They Built a Secret Apartment in a Mall. Now the Mall Is Dying. Why Did the Government Declare War on My Adorable Tiny Truck? Chicago Transit Faces 'Doomsday Scenario,' Regional Agency Says LA Faces $1 Billion Budget Hole, Warns of Thousands of Layoffs Libraries Warn They Could Be 'Cut off at the Knees' by DOGE Mohamed Hassan Alsuwaidi, chairman of the UAE's top power company, traveled to Spain and met with an executive of CriteriaCaixa SA to discuss a potential deal, according to the people, who asked not to be named because the talks are private. Alsuwaidi is also the UAE's investment minister. Criteria, which holds 26.7% of Naturgy, indicated it's open to talks as long as two demands are met: that Taqa doesn't seek to own a majority stake, and that there aren't any diplomatic conflicts with Algeria, where Naturgy has extensive business, one of the people said. Criteria will not agree to a deal in which it would become a minor shareholder, according to one of the people. Deliberations are ongoing and there's no certainty that Taqa and Criteira will proceed with a transaction, the people said, asking not to be identified discussing confidential information. Taqa, Criteria and Naturgy declined to comment. Last year, Criteria and Taqa sought to join forces to buy out a group of shareholders in Naturgy. The talks fell through largely over disagreements on who would control the utility. Naturgy shareholders are set to hold their annual meeting on Tuesday and vote on a board proposal for a major share buyback, equal to up to 10% of capital. The proposal seeks to increase the liquidity of shares and the company has said that the main holders have already committed to taking part. Naturgy has been struggling for several years with a highly complex shareholder structure, with four different groups owning at least 15% stakes each but with different goals. This has both been a drag on share performance, as the company lost liquidity, and has curtailed management's ability to invest and pursue deals. The situation has also raised concerns from the Spanish government, which views Naturgy as a strategic company and has the ability to block any deal. The government has already signaled its support for Taqa buying a stake, Bloomberg reported in February. Relations with Algeria are also a central factor. Naturgy owns two large gas pipelines that carry fuel from Algeria to Spain, although one hasn't been used for imports for several years. Sonatrach, the Algerian-state owned gas company, owns a 4.1% stake in Naturgy. Spain at one point had a diplomatic fallout with Algeria, but has resumed relations. The United Arab Emirates and Algeria also have a tense diplomatic equilibrium. Criteria, Spain's largest investment group, has ties dating back decades with Naturgy. Buyout firms CVC Capital Partners Plc and BlackRock Inc.'s Global Infrastructure Partners each own close to 21% of the Spanish utility, and have previously signaled their willingness to exit. Australia's IFM Global Infrastructure LP, which holds 16.9% of Naturgy, has aspirations to be a long-term investor but has clashed with Criteria over how to manage the company. Taqa has been looking at overseas deals as the United Arab Emirates seeks to diversify its portfolio. The firm is among suitors evaluating an investment in the German government's stake in power company Uniper SE, Bloomberg reported in January. --With assistance from Macarena Muñoz. (Updates with shareholders meeting in sixth paragraph.) The Richest Americans Kept the Economy Booming. What Happens When They Stop Spending? Google Is Searching for an Answer to ChatGPT A New 'China Shock' Is Destroying Jobs Around the World How TD Became America's Most Convenient Bank for Money Launderers Tesla's Gamble on MAGA Customers Won't Work ©2025 Bloomberg L.P. Sign in to access your portfolio
