April 2016

Robert Parker Steps Down From Bordeaux Futures

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Robert M. Parker Jr., widely regarded as the world’s most powerful wine critic, has announced he will no longer taste Bordeaux en primeur. The Wine Advocate founder, credited as the creator of the 100-point wine rating scale, says the time is right for him to step back from the pressure of reviewing more than 600 wines from barrel. Speaking at a press conference in London, Mr. Parker said that, after more than three decades of reviewing en primeur, he is not retiring but will hand over en primeur tasting responsibilities to British reviewer Neal Martin, while still covering the region’s wines from bottle. “The time is perfect for me to hand these responsibilities over,” said Mr. Parker. “When I hired Neal this was part of the plan, that one day I would back away from en primeur—not Bordeaux completely, as I will still cover the bottled wine. I love the wines.” Mr. Parker will...

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UK Agora News: Wine and stamps, how to make money tax-free.

You can enjoy great tax breaks with alternative investments - putting money into fine wine, classic cars, gold or perhaps even stamps. But before you take the plunge, you need to realise that while they can be rewarding, alternative investments can also prove volatile and illiquid. We explain what you need to know. WINE The wine market has obvious appeal as it allows investors to indulge in a pastime while making money - and if returns are good you can crack open a bottle and celebrate. The Liv-ex Fine Wine 100 Index, which plots the fortunes of a hundred of the most sought-after wines in the world, has risen by just 2 per cent in the past year, but by four per cent in the past three months alone. Over a decade this index has doubled, despite a slump in the most recent five years, which saw the price of many top wines fall almost a...

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Football and Wine: A Beautiful Friendship

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Wine merchant Stephen Browett, co-owner of English Premier League soccer club Crystal Palace, explains what makes his twin passions so compatible Mr. Browett, 55, is no stranger to the beautiful game. As well as owning the London-based fine-wine brokers, he is the co-chairman of Crystal Palace, a club he and three others bought out of administration, a form of bankruptcy protection, in 2010. “The reason I was feeling crazy enough to buy a football club was because it was in June 2010 and that’s when we were selling the ’09 Bordeaux en primeurs,” he says. “We sold £75 million-worth of wine in the space of three months.” The profit from those sales helped enable him to buy a 25% stake in Crystal Palace, a team he has supported since the late 1960s. In those days, you would be lucky to find a bottle of wine in the club’s ground, he laughs, except for maybe...

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UK Agora News: Emirates ups investment in wine as part of long-term strategy

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Emirates continues to invest heavily in its world-class wine programme. In 2015, the airline purchased a record of over 13 million bottles of wine worth US$140 million - more than twice the value of wine purchases in the previous year. The wines are for customers across all three cabins, and most will only be served on board in seven to 10 years. The increasing investment is in response to the airline's expanding network, and reflects its commitment to offering customers the best possible product. In 2015, Emirates' customers consumed 11.4 million bottles of wine across all classes, with 10 million single-serve bottles in Economy Class alone. This was a 27% increase from the year before, when nine million bottles of wine were consumed across all classes. "In every aspect of our business, our aim is to provide the best experience for our customers and we have curated a wine programme that is...

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UK Agora – Proud Restaurant Sponsors of AFC Wimbledon

We are pleased to announce that UK Agora are now proud restaurant sponsors of AFC Wimbledon. Wimbledon have a remarkable history. They are most famed for their 1988 FA Cup final triumph against Liverpool FC, the then league champions. They were known for their no nonsense tackling. The likes of John Fashanu, Vinnie Jones and Dennis Wise gained a cult status as members of Wimbledon’s notorious Crazy Gang. Leicester City FC are known as the modern day underdogs who won the Premier League using team spirit instead of vast sums of money. Wimbledon FC’s Crazy Gang were the original Anti-Establishment football club. In the end money overcame the owner’s loyalties to Wimbledon’s local fan base and the sad decision to move the club to Milton Keynes was made. In response to this Wimbledon’s fans collaborated together and formed AFC Wimbledon. They famously held their auditions for new players at Wimbledon Common! AFC Wimbledon...

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