How appropriate that the terms of Marc Bolland’s recruitment to Marks & Spencer (LON:MKS) were announced on the last day of the football transfer window.  M&S is paying a £7.5m fee to attract him from rival retailer Wm Morrison (LON:MRW).
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Football finances have always defied logic but the union of Glasgow’s top clubs to outbid Sky for the Scottish Premiership television rights takes madness to new levels. Celtic and Rangers are supposed to receive the rights money, not pay it.

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