Hornby has agreed to sell its loss-making subsidiary, Oxford Diecast, to EKD Enterprises for £1.38 million. The deal, part of a profitability strategy for the Mike Ashley-backed company, will see former chairman Lyndon Davies take control of the 1:76 scale models business. The sale will allow Hornby to offload a business that made a £200,000 pre-tax loss and has a net book value of nearly £3 million on the group’s balance sheet, with Mr. Davies stepping down from the board once the transaction is complete.
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Source: Pulisic in talks over new AC Milan deal
Tom Hamilton, a senior writer who joined ESPN in 2011, reports that USMNT star Christian Pulisic is in talks with AC Milan for a new contract. Pulisic, who joined Milan in 2023, has been a key player, scoring 15+ goals in each of his first two seasons. Despite his success, Milan has struggled under new coaches and are currently eighth in Serie A, 14 points behind Inter Milan. Full Article
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