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PostWysłany: Sob Sty 12, 2019 4:03 am    Temat postu: rl= Odpowiedz z cytatem

" Yao Ming gives his opening remark before watching an live NBA game between the Phoenix Suns and Golden State Warriors with hudrends of children at NBA China Beijing office on Saturday. [Photo by Sun Xiaochen chinadaily]
Retired basketball star Yao Ming said ""anything is possible"" amid speculation that the former Houston Rockets center is putting together a bid for the Los Angeles Clippers with Chinese investors.

Yao cheap nike air max 90 off white , who owns the Shanghai Sharks basketball team in China, is assembling a group to buy the Clippers franchise, sports channel ESPN reported on its website, citing unidentified sources.

The National Basketball Association told owner Donald Sterling last week that it intends to force a sale in the wake of racist comments that got him banned from the league for life.

""I know there are a lot of rumors, but I don't think I have time to clarify the rumors one by one,"" Yao, 33, told journalists on Sunday in Beijing, where he was attending a graduation ceremony at a basketball school named after him. ""Nowadays, sports are globalized, and anything is possible, but so far, there is nothing substantial.""

The NBA's Board of Governors has scheduled a June 3 hearing on whether to force billionaire Sterling, 80, to sell the team after a recording of him telling a female friend not to bring black people to Clippers games was made public on TMZ.

Sterling has agreed to let his wife, Shelly, oversee a sale of the team he bought in 1981 for about $12 million, Bloomberg News reported on Friday, citing two people with direct knowledge of their decision. She is seeking more than $1 billion for the team.

A number of suitors have expressed interest in buying what has been Los Angeles's second-tier basketball team behind the Lakers. The possible buyers include music executive David Geffen, whose group of bidders includes Oracle Corp Chief Executive Officer Larry Ellison and mega TV star Oprah Winfrey.

Other interested parties include Irving Azoff, former chairman of concert promoter Live Nation Entertainment Inc, and basketball hall of famer Earvin ""Magic"" Johnson Jr.

Shanghai-born Yao retired from the NBA in July 2011 after eight seasons with the Rockets because of foot and ankle injuries. He formed a partnership with the NBA in China in 2012 to develop youth programs and increase participation in the sport in the world's most-populous country.

""China is just basketball crazy,"" David Shoemaker, the chief executive officer of the NBA in China, said in an interview with Bloomberg Television on Sunday in Beijing. The 70 million NBA fans and followers of social media in China have ""a voracious appetite to consume everything about the NBA whether it's to buy jerseys or to get emoticons for their smartphones,"" he said.

The association started building a 12,000-square-meter NBA center on the outskirts of Beijing this year. ""We're trying to bring all of that excitement that NBA has to offer into a brick-and-mortar establishment,"" Shoemaker said.

Nowadays, sports are globalized, and anything is possible, but so far, there is nothing substantial.""

" Finance > Insurance > Home InsurancePre-Closures in Home Loans

Posted by nikhil294 in Finance on September 17th, 2016

The term pre-closure is often used with home loans and it means to pay off the loan earlier than its expected tenure of repayment. Now one wonders why anybody would be interested in paying the loan off earlier, if they are collecting the amount every month and also getting tax benefits for the same?

The loan amount to be paid as EMI every month include a small amount of the total principal amount and interest charged on that is added to this. This interest on the Emi calculator housing loan amount increases the total amount of the house very much. When one calculates and observes the payments at a glance the figures paid as interest are understood, and one feels the pinch of paying heavy interest for the loan amount. The total price and market value of the flat becomes much higher by adding the interest charged over the loan amount. And when they will consider selling the flat the buyer will consider only the market value of the flat and not the total interest paid by the purchaser of the flat.

The borrower is aware that they have to pay this interest for a fixed tenure of years of loan repayment which may be 10, 20 or even 30 years depending on the adjusted EMIs. In case the home loan taker gets unexpected financial gifts, property deals from either side of the families or even increased salary of one or both spouses which gives them a total increase in their monthly amount available then they may consider a pre-closure of the loan. Sometimes they can also opt out with taking a small personal loan and repaying the larger amount earlier than the planned time of loan tenure. This would help them in saving the precious money they would be paying as interest every month to the loan lending company. They can also shift their loan to a cheaper loan lending institution that offers Emi calculator housing loan at less interest rate.

Before going in for a pre-closure of home loan one must understand that it will have penalty fees and other pre-closure fees involved. Administrative charges for closing this deal also will have to be paid by the borrower of the loan. Different lending institutions have different rules for pre closure and all this depends upon the individual lender. The time taken for closure also depends upon the financial lending institution. But still it would be worth the effort as we end up saving precious time and money which could be utilised by the family.

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