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At a damp morning meeting in Sandy Park, Exeter Chiefs chairman Tony Rowe outlined the club’s next chapter: a potential sale to an American investment group that will be decided by the club’s 700‑plus members at an extraordinary general meeting on 7 May.Rowe, now 77, has steered the Chiefs for more than three decades, guiding the team from a modest county‑ground side to Premiership champions in 2010. Yet he admits that “romance doesn’t pay the bills” in today’s professional rugby, and a well‑funded owner could finally provide the financial muscle the club needs.The proposed buyer is described as a “mega‑wealthy multi‑sport investor” already active in British football. If the vote passes, the investor would inject fresh capital, allowing Exeter to compete for top talent such as marquee player Immanuel Feyi‑Waboso and to pursue broader ambitions.Rowe argues that English club rugby must look beyond nostalgia. “We’ve got to wake up and smell the coffee,” he said, emphasizing the need for an owner with deep pockets. He warned that the club’s current shareholder structure, which “has no money,” limits growth.The takeover is part of a wider trend of foreign money entering English rugby, following recent investments in Newcastle Red Bulls and Bath. Rowe believes a cash‑rich owner will position Exeter to help expand the Premiership from its current ten clubs to twelve, and eventually fourteen, with a view to incorporating Welsh sides.He suggested that adding “two Welsh clubs” could revitalise Welsh rugby, which he described as “on its arse,” and noted that travel logistics would not be a barrier for English clubs making weekend trips to Wales.Financial pressures remain acute. Rowe cited a £25 million loss from Covid and the post‑pandemic mini‑recession, compounded by a government grant that was later converted into a loan and a Rugby Football Union (RFU) contribution that covered only half of the promised support.He also criticised a £200 million 2018 deal that gave private‑equity firm CVC Capital Partners a 27 % share of the club’s commercial rights. “We should never have sold those shares,” Rowe lamented, adding that CVC has done little to boost sponsorship or “razzmatazz” for the sport.Looking ahead, Rowe stresses the importance of attracting a younger, millennial fan base, noting that “our future supporters are millennials” and that they will be the financial lifeline of the club.Despite the uncertainties, Rowe remains optimistic. He confirmed he will stay on under the new ownership, describing the investors as “long‑term” and “understanding of the sport.” He warned the new owners must respect Exeter’s Devonian heritage, likening the club’s future to a bus that needs a fresh fuel supply to reach “even greater success.”

Mercedes driver George Russell has expressed understanding if Max Verstappen decides to leave Formula One due to his dissatisfaction with the current regulations. Verstappen, a four-time world champion, has been vocal about his discontent with the new rules, which he believes overly emphasize energy management.Russell, currently second in the world championship behind his teammate Kimi Antonelli, noted that Verstappen has achieved everything he set out to do in the sport, having won four world championships. “Formula One is bigger than any driver,” Russell said. “You wouldn’t want to lose Max because we all enjoy racing against him.”Verstappen has hinted at exploring opportunities in other racing disciplines, such as GT racing, and is set to participate in the Nurburgring 24 Hours in May. His race engineer, Gianpiero Lambiase, is leaving Red Bull to join McLaren, adding to speculation about Verstappen's future in F1.Russell also acknowledged that the current performance disparity between Red Bull and teams like Mercedes could affect any driver's motivation. “Now, the complaints he currently has are different to the complaints of Mercedes, Ferrari and McLaren because we are at the front end of the grid,” Russell added.Meanwhile, Antonelli, just 19 years old and in his second season, has taken the championship lead with back-to-back wins, setting new expectations for himself and his team.

Dan Skelton is already set to be crowned the United Kingdom’s champion trainer over jumps for the first time this season, yet he still has several objectives left as the campaign reaches its climax.Earlier this month Skelton made history by becoming the first trainer to surpass £4 million in prize money during a British jumps season. With a 320‑mile journey to Ayr scheduled for Saturday, he will field five runners and hopes to chip away at the £200,000 needed to break the £5 million barrier.His yard has already recorded victories at 39 of Britain’s 41 jumping tracks this season. The only venues still without a win are Perth and Plumpton, where Skelton entered twenty runners – including several favourites – but fell short. Two of his horses will contest Plumpton’s Sussex Stayers’ Handicap Hurdle on Sunday.“It’s never been done before, so we’re going to give it our best shot,” Skelton said on Friday. “We just can’t quite seem to get over the line at Plumpton, but maybe Sunday will be the day that we do.”The Scottish Grand National has become a pivotal fixture in the trainers’ championship over the past two years. With Willie Mullins already out of contention for the title, his stable will field only one runner at Ayr as he attempts a third consecutive Grand National double – winning at Aintree and then at Ayr.Patrick Mullins, who rode unshipped from Grangeclare West at Aintree last weekend, will take the reins on Road To Home. The horse was narrowly beaten in the Fulke Walwyn/Kim Muir at Cheltenham last month and will carry six pounds more on Saturday.Among the local contenders, King Of Answers (currently 3.35 odds) trained by Lucinda Russell and Michael Scudamore appears a strong bet at about 7‑1. The horse was a runner‑up in the National Hunt Chase at Cheltenham and will be only three pounds heavier for the four‑mile test at Ayr.Other notable entries include Traprain Law for Patrick Wadge, who previously won the course‑and‑distance race, and Diamond Dealer, whose front‑running style could prove decisive if the horse settles into its usual rhythm.In the broader betting market, Gibbs Island (2.20) and Twistthenightaway (2.55) are also highlighted as potential performers, while Pride Of Arras (2.35) aims to repeat its Dante success.Overall, Skelton’s pursuit of the £5 million season total adds extra intrigue to an already high‑stakes Scottish Grand National, promising a decisive showdown for the jumps championship.

The recent ceasefire agreement between Israel and Hezbollah in Lebanon has brought a temporary halt to the fighting, but the situation on the ground remains volatile. Despite US President Donald Trump's claim that it is the 10th war he has ended, the stability of the region is far from assured.Israeli troops have remained in their positions deep in Lebanon, and Hezbollah fighters have stated that their fingers 'remained on the triggers,' indicating a readiness to resume hostilities if necessary. The ceasefire was imposed from above, with each side firing off as many bombs, drones, and rockets as they could before it came into effect.The agreement aims to facilitate direct negotiations between the Lebanese and Israeli governments, a significant achievement in itself as they have not spoken directly in decades. However, the path to a lasting peace is fraught with challenges, including the status of Hezbollah's arms and Israel's continued occupation of southern Lebanon.The negotiators face a daunting task in achieving 'lasting peace' between the two countries, with the goal of ensuring the Lebanese government has the exclusive monopoly of force in its territory and a formal demarcation of a contested border. Sustained international focus will be crucial in maintaining the peace talks, or else the war could easily resume.In Israel, there is pressure to continue the war in Lebanon, with many residents of northern Israel wanting the conflict to finally end the threat from Hezbollah. Israeli officials have boasted of military victory over Hezbollah but have also implied that the war could resume if their demands are not met by Lebanon.

Over 1,000 workers in Kenya have been laid off by Sama, a company contracted by Meta for content moderation and AI training work. The layoffs came after Meta terminated its contract with Sama, citing that the company did not meet its standards.The sacked workers, many involved in AI training, were given only six days' notice, according to the Oversight Lab, an organization advocating for fair regulation and deployment of technology across Africa. The lab is advising the workers on legal options.This move has been criticized by activists, who argue that it exposes the precariousness of tech jobs in the global south. Kauna Malgwi, a former worker at Sama, stated that "this issue is not confined to one company or contract. It shows how the global AI industry is shaped. Power sits with large technology companies. Risk flows downward, affecting outsourced workers, often in the global south, who have the least protection and highest exposure."Sama has stated that it recognizes the impact on its team and is supporting affected employees with care and respect, highlighting that its teams receive living wages and full benefits.The layoffs have been described as devastating and shocking by the Oversight Lab, which called for recognition that current strategies are harming youth, hurting the economy, and not advancing Kenya's participation in the AI ecosystem.

After intensive negotiations, AFC Bournemouth appear set to secure Marco Rose as their next head coach, with an agreement in principle already reached. Rose, the 49‑year‑old German who last managed RB Leipzig until March 2025, will replace Andoni Iraola when his contract expires this summer.Bournemouth’s head of football operations, Tiago Pinto, moved quickly after learning of Iraola’s decision to pursue a new challenge. While the club initially explored a move for Ipswich Town’s Kieran McKenna, the hefty buyout clause attached to his contract made the Rose option more viable.Rose’s availability after a year out of work simplifies the deal, allowing him to begin planning for the 2026‑27 season immediately. The club hopes he can sustain the momentum built by Iraola, who has overseen a remarkable rise since his summer 2023 appointment, including a stunning victory over Arsenal and a genuine bid for European qualification for the first time in the club’s history.Despite selling a substantial portion of their squad – notably losing three‑quarters of their back four last summer and seeing winger Antoine Semenyo depart for Manchester City in January – Bournemouth have benefited from shrewd recruitment, recouping high fees and reinvesting in quality replacements. A looming challenge for Rose will be to fend off interest in midfielder Alex Scott, with Chelsea reportedly among the suitors.Rose brings an impressive résumé, having guided Borussia Dortmund in the Champions League and worked alongside stars such as Erling Haaland and Jude Bellingham. His previous managerial stints include successful spells at RB Salzburg and Borussia Mönchengladbach, underscoring his experience at the highest levels of European football.

England's women's football team, the Lionesses, are on the cusp of a historic milestone as they prepare to play their 500th game against Iceland in a World Cup qualifier. Manager Sarina Wiegman has stressed the importance of securing a positive result to make their recent 1-0 victory over Spain even more valuable.Wiegman acknowledged that Iceland will present a different challenge, but she is confident that her team is ready. The Lionesses have three wins from three in their qualifying group, and with only the top team from each group in League A securing automatic qualification, the stakes are high.The team has been boosted by the return of Leah Williamson, who has not played since mid-March due to a thigh injury. However, Keira Barry is the only confirmed absence due to ankle problems.Lucy Bronze, who has 146 caps for England, reflected on the significance of the 500th game, saying it's 'insane' to think about. She expressed her pride in being part of the team's history and is optimistic about the future, citing the talent of young players like Lucia Kendall.

Britain is bracing for its most severe economic contraction in decades, a side‑effect of the United States’ escalating conflict with Iran and the resulting shutdown of the Strait of Hormuz. The British Treasury and the IMF warn that the nation’s growth could be crushed, public confidence in the government is eroding, and the prime minister’s position may become untenable. The original aim of sanctions was to punish hostile states and force leaders like Vladimir Putin to change course. Yet, data shows that in the years following the sanctions, Russia’s growth outpaced that of the United Kingdom. Similarly, the 2010s sanctions on Iran, intended to halt its nuclear programme, appear to have accelerated it, and current measures aimed at toppling the ayatollahs show little prospect of success. The United States now enforces economic restrictions on around 30 countries, including North Korea, Myanmar, Belarus and Afghanistan. Despite the breadth of these measures, the targeted regimes have largely remained in power, indicating a systemic failure of sanctions to destabilise entrenched governments. Beyond their limited impact on regime change, sanctions have unintentionally bolstered the Sino‑Russian trade bloc and driven many nations toward the BRICS alliance, positioning it as a counterweight to the G7. This realignment underscores the counter‑productive nature of the policy. Academic research, such as Nicholas Mulder’s The Economic Weapon, reinforces the historical pattern: except for very small states, trade restrictions are easily circumvented, and authoritarian regimes insulated from democratic pressures are largely immune. Mulder concludes that “the history of sanctions is a history of disappointment,” a sentiment echoed by critics who warn that each new round of sanctions repeats the same mistakes. One of the most damaging side‑effects is the exodus of skilled professionals. Iran, for example, has seen a diaspora of over four million people as of 2021, many of whom belong to the educated middle class that could have fueled internal reform. The brain drain weakens any potential opposition and inadvertently benefits Western economies that absorb this talent. Russia experienced a similar talent flight after the 1990s, when a vibrant civil society briefly flourished. Today, the remaining dissenters face both Kremlin repression and Western ostracism, creating an atmosphere reminiscent of McCarthy‑era loyalty tests. Given these outcomes, the article argues that the West must abandon blunt economic coercion in favour of nuanced, soft‑power strategies. Supporting opposition groups through academic, cultural, and diplomatic channels could nurture the very alternatives that sanctions have helped to erode. In sum, sanctions have proven illiberal and counter‑productive, reinforcing authoritarian borders while draining the human capital needed for genuine change. Restoring constructive relationships with societies like Iran and Russia, rather than relying on punitive trade measures, may offer a more viable path to long‑term stability.

The UK automotive market has reached a pivotal moment in its shift towards electric vehicles (EVs), as the average price of new electric cars has fallen to £42,620, making them £785 cheaper than their petrol counterparts, which average at £43,405. This development is a significant milestone in Britain's transition away from fossil fuels, with the higher upfront cost of electric vehicles being a major deterrent for many drivers. However, with total running costs for electric cars being lower for some time, the decrease in upfront costs is expected to drive increased adoption. The decrease in electric car prices can be attributed to several factors, including the electric car grant introduced last summer, which offers up to £3,750 off certain models, and the influx of Chinese competitors that have been able to undercut traditional brands. Carmakers have also been under pressure to meet electric car targets, known as the zero emission vehicle (ZEV) mandate. According to Bex Kennett, head of new car at Autotrader, the electric car market is becoming increasingly competitive, with manufacturers and retailers working hard to improve both the supply and affordability of new electric vehicles. The recent rise in petrol and diesel prices due to the war in Iran has also contributed to increased inquiries for electric cars from consumers looking to cut their energy costs. Gurjeet Grewal, chief executive of Octopus Electric Vehicles, noted that this milestone removes one of the biggest barriers to switching to electric vehicles, as they are now cheaper than petrol cars on upfront cost and have long been cheaper to run. With growing competition and more choice, electric vehicles are becoming the obvious option for drivers. Despite this progress, the transition to electric cars in the UK still faces some barriers, particularly for households without driveways that rely on the public charging network, which remains patchy in some areas.