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The £24m Gamble at EpsomTwenty months after embarking on a remarkable £24m spending spree on yearlings at Tattersalls' Book 1 sale in Newmarket, football "super-agent" Kia Joorabchian stands at the threshold of potentially the biggest payoff of his career. As the 247th running of the Epsom Derby approaches, Joorabchian will watch two of his high-profile acquisitions, Poker and Ancient Egypt, compete in the premier Classic, with the outcome potentially reshaping his position in the elite world of international horse racing.The Bloodstock Investment BreakdownThe contrasting stories of Joorabchian's two Derby hopefuls illustrate the uncertainties and potential rewards of high-end bloodstock investment. Poker, the most expensive yearling colt ever sold at public auction in Europe, cost 4.3m gns (£4.5m) but has yet to win even a novice event in three attempts, starting as a 200-1 outsider to become the first maiden to win the Derby since 1887.In stark contrast, Ancient Egypt was purchased for 1.1m gns (£1.2m) – approximately a quarter of Poker's price tag – and has already established himself as a serious contender with three wins from four starts. The son of Frankel, out of a full-sister to a Group One-winning mare, represents Joorabchian's more calculated investment, with the Derby being the primary target when the colt was acquired.The Financial Calculus of Racing RoyaltyWhile the total purse for this year's Derby stands at £2m, with approximately half going to the winner's connections, the financial considerations extend far beyond prize money. For Joorabchian, the £24m investment represents an ambitious entry into the exclusive world of international Flat racing, an arena traditionally dominated by individuals with sovereign wealth from Dubai, Qatar, and Saudi Arabia.The true value lies in establishing a virtuous loop between racing success and breeding potential. A Derby-winning son of Frankel would represent an elite stallion prospect, potentially worth many times the original investment through future breeding rights. This strategic approach mirrors the model employed by John Magnier's Coolmore Stud operation, which has dominated European racing for decades.Challenging Establishment in Horse RacingJoorabchian's venture represents a significant shift in the ownership landscape of elite horse racing. For decades, the sport's premier events have been dominated by homebred horses from established operations like Godolphin, Coolmore, and the Aga Khan, as evidenced by last year's Derby where the first nine finishers included multiple homebred champions.Charlie Johnston, Ancient Egypt's trainer, acknowledges the unique position of his high-profile charge: "You try and tell yourself that from the moment they walk through the door, they all get treated the same regardless of price tag or pedigree, but let's say that, as George Orwell would say, all animals are equal but some are more equal than others." The pressure to deliver on such a significant investment is immense, yet Johnston remains focused on the task at hand.The Road to Racing LegacyShould Ancient Egypt triumph at Epsom, it would mark not only a remarkable return on Joorabchian's investment but also a historic achievement for Johnston. The Yorkshire-based trainer would become the first to saddle a Derby winner since 1869, continuing a family legacy built by his record-breaking father, Mark."There would have been time [for another run before the Derby] but I just felt he'd done enough to book his ticket for Epsom," Johnston explains of his decision to bypass additional prep races. With Ancient Egypt's proven pedigree, including connections to six-time Group One-winner Midday, and a developing race record that could complement his breeding potential, the stage is set for what could be a transformative day for both horse and owner in the world of elite horse racing.

May Job Gains Outpace Forecasts Amid Inflation ConcernsThe Labor Department reported that 172,000 jobs were added in May, while the unemployment rate held steady at 4.3%. Economists had expected roughly 80,000 new positions, making the actual figure more than double the projection.Numbers Reveal Strong Hiring and Revised FiguresMay: 172,000 jobs added (vs. 80,000 forecast)March and April revisions: +29,000 and +64,000 jobs respectively, a total upward adjustment of 93,000Private‑sector hiring: 122,000 jobs (ADP data)April job openings: 7.6 millionADP’s chief economist Dr. Nela Richardson noted the hiring was “more broad‑based” than in recent years, with most industries participating except information and natural resources.Implications for Federal Reserve Policy and Economic OutlookThe report is the first jobs release under new Fed Chair Kevin Warsh, appointed by President Trump. A robust labor market reduces the urgency for rate cuts, yet the Fed faces pressure to balance inflation, which remains elevated, against growth.U.S. Treasury Secretary Scott Bessent signaled confidence in Chair Warsh’s willingness to “balance inflation and growth.” However, Fed voting members have historically been reluctant to lower rates; only one member supported a cut at the April meeting.What the Labor Market May Look Like Through SummerAnalysts expect the Fed to keep rates unchanged at the June 16‑17 meeting, but political pressure for cuts persists. If hiring momentum continues, the Fed could maintain a tighter stance longer, potentially moderating inflation without triggering a recession.

The Global Sports LandscapeThe world of sports is buzzing with exciting events across multiple disciplines. From the World Cup kick-off to tennis grand slams, cricket history, cycling races, and basketball finals, this quiz tests your knowledge of the latest happenings in the sporting world.World Cup Kick-Off and Player OriginsThe World Cup begins with Mexico playing South Africa in Mexico City, a rerun of the first game in the 2010 World Cup in Johannesburg. Interestingly, France is the country where 98 of the 1,248 players in the 48 World Cup squads were born, with twelve different national teams having players born in France.Champions League Final SurprisesIn a surprising turn of events, PSG beat Arsenal in the Champions League final, but PSG goalkeeper Matvey Safonov didn't make a single save throughout the 120 minutes of play or the penalty shootout.Challenge Cup DominanceWigan showcased their dominance by winning all three Challenge Cup finals at Wembley - the men's, women's, and schools finals - all held on the same day.Historic FA Cup TrebleManchester City made history by winning the men's FA Cup, women's FA Cup, and Youth FA Cup in the same season. They join Chelsea as the only clubs to have achieved this feat, with Chelsea accomplishing it in the 2017-18 season.Serena's Grand Slam ReturnTennis legend Serena Williams is making a comeback at the age of 44. Her last grand slam singles title came in 2017, adding to her remarkable collection of 23 grand slam titles won between 1999 and 2017.Epsom Derby ContendersHorse racing enthusiasts are looking forward to the Epsom Derby, where horses with intriguing names like Item, Action, Christmas Day, and Poker will compete, with Benvenuto Cellini as the favorite.French Open Ranking SurpriseMaja Chwalińska has made waves at the French Open by reaching the women's final despite being ranked No. 114 in the world. The 24-year-old has earned more prize money this week than in the rest of her career combined.IPL Young Star Recognition15-year-old Vaibhav Sooryavanshi won the player of the tournament award in the IPL and received a car as a prize. While he can't drive it yet, he'll be able to in three years' time.Lord's Cricket HeritageAs England hosts New Zealand at Lord's for the 150th Test match at the venue, it's worth noting that the ground is named after cricketer Thomas Lord, with the first Test there held in 1884 when England beat Australia.NHL Stanley Cup FinalsThe Stanley Cup final is visiting Raleigh and Paradise this week, with the Carolina Hurricanes (based in Raleigh, North Carolina) taking on the Vegas Golden Knights (based in Paradise, Nevada).Giro d'Italia DisqualificationLorena Wiebes won the opening stage of the women's Giro d'Italia but won't complete the race after being disqualified because her bike weighed 6.78kg - just 20 grams shy of the 6.8kg minimum weight limit.NBA Finals HistoryThe New York Knicks are trying to win the NBA Finals for the first time since 1973, facing opponents the San Antonio Spurs, who have won the championship five times since then.International Team ConnectionsTahith Chong scored for Curaçao in a friendly against Scotland, but he's unique in Dick Advocaat's squad as the only player born in Curaçao, with all other squad members born in the Netherlands.Ice Hockey World Championship SurpriseIn a stunning upset, Hungary shocked Canada to win their first medal at the men's ice hockey world championship, marking a historic achievement for the Hungarian team.

The French Open Semi-Final ShowdownThe French Open 2026 has reached its dramatic semi-final stage with a fascinating matchup between Alexander Zverev and Jakub Mensik. With the absence of tournament favorites Jannik Sinner and Carlos Alcaraz, Zverev sees this as his best opportunity to finally break through and claim his first grand slam title, ending his reputation as the best male player without a major championship.Zverev's Path to the Semi-FinalsThe 2024 runner-up has navigated his way to his 11th grand slam semi-final with remarkable efficiency, dropping only one set en route. Zverev has been playing with the freedom of a man who knows he doesn't have to face his usual tormentors, Sinner and Alcaraz, who both exited the tournament early. This has allowed him to approach the semi-finals with less pressure than expected, though he'll need to overcome his past grand slam scars when facing the talented Czech.The Rising Star: Jakub Mensik's Remarkable JourneyAt just 20 years old, Jakub Mensik has emerged as one of the stories of the tournament. The Czech player with the huge serve has proven his metropolis by defeating notable players including Alex de Minaur and Andrey Rublev. His most impressive performance came in the quarter-finals where he brilliantly neutralized the nuclear forehand of fellow rising star Joao Fonseca. While raw and unproven at this stage of a slam, Mensik represents Zverev's biggest challenge to date.Italian Tennis History in the MakingThis French Open has witnessed a historic development with three Italian players reaching the semi-finals for the first time in a major tournament. Flavio Cobolli and Matteo Arnaldi join Mensik in the last four, creating the first ever all-Italian men's semi-final at a grand slam. Arnaldi has set records by spending the most time on court in grand slam history to reach the last four, while Cobolli has been channelling his inner Rafa, even using the 14-time champion's favorite shower cubicle after every match in a superstitious nod to success.Championship Outlook and Future ImplicationsWith Sinner long gone from his home slam, this wildest and weirdest of French Opens could yet end with an Italian champion. The semi-finals feature a fascinating contrast between experience (Zverev) and youth (Mensik), along with the historic Italian matchup. Should Zverev overcome Mensik, he would face either Cobolli or Arnaldi, potentially becoming the first German French Open champion since Boris Becker in 1986. Regardless of the outcome, this tournament has reshaped the men's tennis landscape, proving that the duopoly of Sinner and Alcaraz is far from unbreakable.

The Historic North American World CupWith less than a week to go until the FIFA World Cup 2026 begins, football's most prestigious tournament is set to make history. The monthlong spectacle will be the longest and biggest edition in the tournament's 96-year history, featuring 48 teams competing across 104 matches in 39 days.The First Three-Nation TournamentAll men's World Cup editions between 1930 and 2022 were held in a single host nation, with the exception of 2002 when Japan and South Korea cohosted. This year marks the first time a FIFA World Cup – men's or women's – will be played across three countries: the United States, Mexico and Canada. Sixteen stadiums in 16 cities across North America will host matches, with the 2030 World Cup also spanning three nations: Spain, Portugal and Morocco.Expanded Format and CompetitionThe upcoming World Cup will be the most diverse edition so far, featuring 48 teams. Among those, nations from UEFA (Europe) had the most direct slots (16), followed by CAF (Africa) with nine and AFC (Asia) with eight. More teams mean more matches, and thus the addition of an extra phase. For the first time in World Cup history, teams that make it past the group stage will begin the knockouts with a round of 32 clash. The World Cup winners will have to go through eight games en route to title victory – one more than the seven games Argentina won to lift the World Cup in Qatar four years ago.North American Spectacle: NFL-Style Half-Time ShowThis year's World Cup has a distinctly North American touch. For the first time in history, a football World Cup final will feature a half-time show inspired by the NFL's Super Bowl. Expect fireworks to light up the New York skyline when a pop party kicks off during the July 19 final at MetLife Stadium. K-pop supergroup BTS, Madonna, and Colombian star Shakira will co-headline the programme, while British rock band Coldplay's lead singer Chris Martin will curate the 11-minute half-time show.Design Revolution: The Beautiful KitsThe hype around the World Cup this year first started when the teams' kits dropped in late March. Jerseys by sportswear giant Adidas emerged as the people's favourite, featuring beautiful designs: from the concentric ribbed pattern spreading across Japan's bright blue home kit to the lemon yellow away shirt of Curacao, inspired by the colourful buildings found in the island's capital, Willemstad. Other notable designs include Argentina's black and blue away kit featuring Fileteado folk art style, France's dark blue home kit with a pristine white collar, and South Africa's lush gold and forest green away kit adorned with vertical stripes made up of triangular hand-drawn tile patterns.Fan Experience Evolution: New Pre-Game CeremonyFIFA has announced a new pre-game ceremony that will take place before every World Cup match. All players in the matchday squad – not just the starting 11 – will line up around the centre circle before the national anthems are played. The ceremony, which FIFA said "transforms the stadium into a shared stage", will include extra-large country flag banners and will see players enter the pitch through a dedicated arch closest to the tunnel. This innovation aims to provide "each [fan] with a distinct and engaging perspective, with extra-large country flag banners and on-pitch elements carefully positioned to involve the crowd in an authentic and meaningful way."

The LeadA former chair of an influential parliamentary committee has expressed shock that the public spending watchdog has not established how much money Prince Andrew made from subletting properties on his Windsor estate.Transparency Concerns Over Royal FinancesMargaret Hodge, who led the public accounts committee, told BBC Radio 4's Today programme she was "very concerned" that the National Audit Office (NAO) was not able to find out how much money the former prince had made from letting properties. She also raised concerns that a report by the NAO did not cover all of the crown estate properties.Financial Arrangements at Windsor EstateHodge made her comments after the NAO revealed Prince Andrew received private income from subletting three cottages on his Windsor Royal Lodge estate while paying a "peppercorn rent" to the crown estate. The Labour peer emphasized that "we all want a royal family to be continued to be respected, valued and treasured" but "in a modern era that does require proper transparency and accountability."Questions About Non-Working RoyalsHodge raised concerns about other royals including Princess Beatrice and Eugenie and Prince Michael of Kent and his wife, who were "subsidised in the way that they were living on the estate, they weren't paying rent, and yet they're not working royals." She questioned whether it was appropriate for non-working royals to be subsidised by taxpayers from a fund that belongs to the taxpayer.The Crown Estate's PositionThe crown estate is "our money, it's taxpayers' money, it's not theirs," Hodge stated, adding that "whoever runs that has to always ensure the taxpayers' interest." The review also shows that King Charles pays an "adjusted" rent from his private Duchy of Lancaster income, below open market value, for his disgraced brother's non-working royal daughters to live in royal palaces.Prince and Princess of Wales Property DetailsMeanwhile, the Prince and Princess of Wales's Forest Lodge home in Windsor underwent £400,000 repairs carried out by the crown estate before the couple moved in with their three young children last year. William and Catherine took out a 20-year lease on the Grade II-listed Georgian house and pay £307,200 rent a year, reviewed every five years. They paid no upfront premium and are responsible for internal refurbishments and alterations.Official ResponsesA spokesperson for the crown estate stated that "the crown estate welcomes the National Audit Office's review, which confirms its leases with members of the royal family were agreed in line with independent, professional advice and open market valuations." Buckingham Palace also responded, saying they were "grateful to the National Audit Office for this report, which is in line with the royal household's commitment to transparency."

The Guardian's 2025-26 Premiership Team of the Season The final round of the regular Premiership season is approaching, with playoffs yet to come. The Guardian has unveiled their team of the season for 2025-26, with players required to have appeared in at least nine league fixtures to be eligible for selection. The XV features a mix of established stars and emerging talents, with Northampton Saints particularly well-represented in the lineup. Backline Brilliance: Standout Performers in the Three-Quarters The backline showcases some of the league's most exciting talents. At fullback, George Furbank of Northampton has overcome an injury-disrupted start to re-emerge as a key cog in Saints' slick backline and is positioned to regain the England No. 15 jersey. On the wing, 19-year-old Noah Caluori of Saracens has impressed with his aerial ability, contributing 14 tries in just three games against Sale (twice) and Newcastle, and finishing the season with 18 tries in 12 Premiership matches. Midfield Mastery: Tactical Versatility and Strike Power The midfield features players who have demonstrated both tactical intelligence and finishing ability. Tommy Freeman shifts to outside center to accommodate Caluori on the wing, boasting an impressive 16 tries in 13 league matches. At inside center, Rory narrowly edges out competitors like Len Ikitau and Max Ojomoh with his ability to cut smart angles and inject vital pace at crucial moments. On the left wing, Immanuel Feyi-Waboso's return after injury has highlighted his dangerous ability when given space, with five tries in the opening two rounds and consistent ability to leave defenders behind. Halfback Excellence: Vision and Control The halfback pairing features two players who control the tempo of their respective teams. At fly-half, Billy Searle of Leicester has been a revelation this season, with his confidence and skillset underpinned by a competitive edge that has put him on England's radar. At scrum-half, Ben Spencer of Bath edges out Northampton's Archie McParland with his exceptional kicking out of hand and expert game management, though potentially feeling the effects of a long campaign after 27 matches for club and country. Forward Dominance: Power and Versatility in the Pack The forward pack features players who have consistently delivered throughout the season. At loosehead prop, Nicky Smith of Leicester has started every regular season game, earning him a long-term deal with Sale Sharks. At hooker, Gabriel Oghre of Bristol stands out for his multi-dimensional skills, including a remarkable 45-meter kick to touch from a lineout throw. In the second row, Thomas du Toit of Bath provides the power and stability that has been crucial to Bath's success. At blindside flanker, the stat-topping No. 8 has been instrumental in driving his team forward with consistent performances. Statistical Standouts and Impact Analysis The selection is backed by impressive statistics that highlight the players' contributions. Caluori's 18 tries in 12 games places him at the top of the scoring charts, while Freeman's 16 tries in 13 matches demonstrates his exceptional strike rate. Northampton's dominance is evident with four players selected, reflecting their consistent performances throughout the season. The selection also recognizes the impact of returning from injury, with Feyi-Waboso's comeback proving particularly influential for Exeter's resurgence. Future Implications for England and Club Rugby This team of the season provides insight into potential England selections for upcoming international fixtures. Furbank's return to form strengthens the fullback position, while Searle's emergence at fly-half offers an alternative to established internationals. The selection of young talents like Caluori and Feyi-Waboso suggests a bright future for English rugby, with these players expected to develop further. For clubs, the recognition of players like Smith, who has been consistently selected despite modern rotation trends, highlights the value of reliability and durability in the modern game. Looking Ahead: Playoffs and International Rugby As the playoffs approach, this team of the season provides a benchmark against which performances will be measured. Several selected players will be crucial to their teams' playoff hopes, particularly Spencer for Bath and Hutchinson for Northampton. Looking further ahead, the Six Nations and Rugby World Cup preparations will benefit from the form shown by these players, with England likely to draw heavily from this pool of in-form performers. The balance of experience and youth in this selection suggests England will be competitive on multiple fronts in the coming season.

The Takeover Deal Evoke, the owner of William Hill and the 888 online casino brand, has agreed a £243m takeover by the Greek casino and lottery operator Bally's Intralot. The Background of the Deal Evoke has been locked in talks with the Athens-listed Bally's Intralot, which has extensive international operations including in the US, for the past two months. The deal comes four years after Evoke, previously known as 888 Holdings, paid £2.2bn to buy William Hill's network of 1,400 high street bookmakers. The Impact of UK Gaming Tax Changes The companies said the government's announcement in November of a significant increase in remote gaming duty, from 21% to 40%, triggered a “material shift in the UK operating environment” that will “create meaningful dislocation across the competitive landscape”. Evoke's shares have fallen by 90% since the William Hill acquisition. Market Reaction and Future Outlook Shares in London-listed Evoke soared by more than 12.5% in early trading as investors welcomed the takeover deal. Evoke has net debt of about £1.8bn and a market value of just over £180m. The Evoke chief executive, Per Widerström, has previously said that the changes in gambling tax would cost the business up to £135m a year. Mark Summerfield, the chair of Evoke, said the deal represented “the most attractive and deliverable outcome for Evoke shareholders”. The Future of Evoke and Bally's Intralot Soo Kim, the chair of Bally's, said that Intralot was confident the deal would “deliver substantial benefits for both Intralot and Evoke shareholders”. Intralot provides technology for 12 state lotteries in the US and has operations in Europe, South America, north Africa, south-east Asia, Australia and New Zealand.

The Tragic Death of James Handy Veteran actor James Handy has died at his home in Los Angeles after a fatal stabbing, allegedly by his girlfriend's son. Details of the Incident The 81-year-old actor was found in the front yard of his home in Tarzana, California, at 9:30 am on Wednesday, according to the Los Angeles police department. He was unconscious and had multiple stab wounds to the chest. The actor's girlfriend's son, Michael Gledhill, 44, has been arrested and charged on suspicion of murder, with bail set at $2m. According to the police statement, a 911 caller said: 'I am the son of man, I just killed the man of sin.' When police arrived at the scene, Gledhill told officers he was 'the one they were looking for'. James Handy's Career Handy, who is known for character roles in Jumanji, Top Gun: Maverick, and Logan, was born in New York City. His career began in 1977 on the television series Ryan's Hope. He is also credited for roles in Logan, K-911, Law & Order, NCIS: Los Angeles, and Criminal Minds. His most recent film was Top Gun: Maverick in 2022.