Crystal Palace re-sign former star Johnson

first_imgCrystal Palace have announced the shock signing of former star Andy Johnson on a short-term deal until January.The 33-year-old, who scored 85 goals in 160 appearances during his first spell with the Eagles, will take on a coaching role with the academy as well as strengthening Neil Warnock’s striking options.Johnson, who was available as a free agent after leaving QPR at the end of last season, told Palace’s official website: “I am delighted to be coming back to a club that I love and have a real soft spot for. I would like to thank the gaffer and the chairman for giving me this opportunity and I am looking forward to helping this football club have continued success in the Premier League.“I have also been given an opportunity to help the youngsters in a coaching capacity, something I am really looking forward to getting involved in.”Johnson’s first spell at Selhurst Park was between 2002 and 2006 and he became a big hit, netting 85 goals in 160 games, helping the club win promotion to the Premier League in 2003/04. The following campaign he finished as the league’s highest scoring English striker and received his first international call-up under Sven Goran Eriksson, and went on to win eight caps for the Three Lions. Crystal Palace’s Andy Johnson 1last_img read more

Porsche AG’s profits triple

first_img 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREStriving toward a more perfect me: Doug McIntyre The Stuttgart-based automaker said the earnings contribution of its core business improved compared with last year, excluding special factors such as a “high three-digit million euro development expenditure” for Porsche’s fourth model series, the Panamera, and for the hybrid drivetrain of the Cayenne sport utility vehicle. Another factor was the weaker level of hedging rates versus the U.S. dollar. Porsche said in September that sales for fiscal 2007 rose 3.4 percent on the year to 7.4 billion euros ($10.79 billion), helped by a better model mix. Car sales for fiscal 2007 totaled 97,515 compared with 96,794 a year earlier, the company said at the time. Porsche proposes to increase its dividend to 21.94 euros ($31.99) per common share from 8.94 euros last year and 22.00 euros ($32.07) per preferred share from 9.00 euros in fiscal 2006. This will raise the total dividend payment to 384 million euros ($559.8 million) for fiscal year 2007 after 157 million euros last year. Shares in the Stuttgart-based company initially jumped on the news of the dividend, then plunged 8.52 percent to 1,570 euros ($2,288.90) after the company announced it would suggest splitting the stock into 10 shares for each one now held at its next general annual meeting. The Associated Press BERLIN – Luxury sports-car maker Porsche AG said Monday that its net profit for fiscal 2007 more than tripled with help from a revaluation of its 22 percent stake in Volkswagen AG and strong results from its core business. Porsche said it earned 4.24 billion euros ($6.18 billion) for the full year, up from 1.39 billion euros a year earlier. The revaluation resulted in a one-time gain of 520.80 million euros ($759.27 million). Pretax profit for the year ended July 31 more than doubled to 5.86 billion euros ($8.54 billion) from 2.11 billion euros in the prior fiscal year. last_img read more