July 2017


the drink business

At the start of the year we offered up a model portfolio for general consumption and promised to keep readers in touch with its progress. We have arrived at the half way stage for the year and there are several things to point out. Overall the portfolio is up 8.24%. This compares creditably with the Liv-ex 50 (+2%), the Liv-ex 100 (+3%), the Liv-ex 1000 (+5%), and even that darling of lazy commentators, Burgundy (+7%). Why lazy? Well simply because as we have explained on several occasions, Burgundy may be a fabulous drink but it makes a very challenging investment, principally due to availability, cost, liquidity and the questionable secondary market. At Amphora Portfolio Management we espouse the view that wine investment is as much about risk control as value appreciation, and the best way to mitigate risk is to diversify, hence the spread of sectoral weighting in the portfolio. In the early...

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Clubs bid to win Cherry Red Records Cup tonight

beast niel

AFC Wimbledon will tonight have an opportunity to clinch more pre-season silverware with the Cherry Red Records Cup up for grabs against Wycombe tonight. The match is sponsored by Cherry Red Records, who are long-time partners of the Dons and came on board as the Chairboys’ short sponsors last season, also taking up the rear of shirt sponsorship for the 2017/18 campaign. AFC Wimbledon Chief Executive Erik Samuelson is very grateful for the backing AFC Wimbledon has received from Cherry Red Records over many years. “We are very fortunate to have sponsors such as Cherry Red Records who are supportive of the club in a wide range of ways and are actively involved in what we do,” said Erik. “Their sponsorship of tonight’s game is another example of their support. Cherry Red Records have sponsored the club since 2002 and, of course, have sponsored our stadium for many years.” The independent music record label...

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Burgundy Joins First Growth List


Liv-ex reveals its list of the non-Bordeaux wines that it classifies alongside Mouton and Lafite. The world has a whole clutch of new First Growths today, and for once it's not all about Bordeaux. Liv-ex, the fine wine trading index, released its updated classifications of Bordeaux wines over the weekend and also launched a new set of "First Growths", featuring wines from regions outside Bordeaux and the results are fairly predictable, with Burgundy taking 12 of the 19 new "Premier Cru" placings. While the original 1855 Bordeaux classification was based on a variety of criteria, including reputation and trading price; Liv-ex's sole criterion is more prosaic: price. To obtain a classification, a wine needed to have a minimum of five vintages traded over the 12-month period starting April 1, 2016. The average price – based on a 12-bottle case, priced in sterling – determines the final classification, with premier cru reserved for wines...

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Launch of Wimbledon 1889 lager gains momentum

wimbledon ale

Drink brewed by Wimbledon Brewery to be launched on Friday at Burton game 19 July 2017 Our announcement that we are launching a new lager has so far been very well received and the club are delighted to reveal more details about selling arrangements for Friday. An article was today published in the London Standard about the lager brewed by our partners at the Wimbledon Brewery and Commercial Director Ivor Heller will this afternoon be speaking about the launch on Talksport 2 (Ray Stubbs Show from 2.15 pm). As part of Friday's launch at the Burton Albion pre-season friendly, we will be selling the bottled lager in the middle bar with supporters able to try it there and then. There will also be 'off sales' with bottles of six or 24 available in the middle bar for fans to take away with them. This will be in middle bar about 20 minutes after the...

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California’s Most Expensive Wines

screaming eagle

It's California's turn to go under the microscope as we look for the world's most expensive wines. By Don Kavanagh | Posted Saturday, 15-Jul-2017 Along with death and taxes, one of life's nailed-on certainties is that the price of California – by which we really mean Napa – wines go in one direction only, and that is up; but it isn't quite true. Certainly, there has been some price inflation in the past year, but taking a look at the list of California's 10 most expensive wines shows that some have actually decreased in price since we last checked. Decreased! Yes, it sounds strange, mysterious, even disturbing, but we can assure you it's true. In fact three wines on the top 10 have come down in price, although whether a $6 fall in a wine that costs $620 a bottle can genuinely be called a reduction is open to debate. However, 30 percent of...

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Dramatic late winner from Egan defeats Premier League Watford


By Chris Slavin A late goal from substitute Alfie Egan earned a morale-boosting victory for AFC Wimbledon against Premier League Watford today. In an entertaining pre-season friendly, Egan struck with just two minutes left to secure a 3-2 win and the Football Manager Cup, an accolade that was shared two years ago. Egan, who scored for Wimbledon against Watford two seasons ago in the FA Youth Cup, capped another fine display at senior level with the winner. His goal came after an encouraging display from Wimbledon with new faces impressing, particularly Cody McDonald, who scored twice in his first match for the Dons. With Watford manager Marco Silva selecting a strong starting 11 full of Premier League experience, it was a tough test for a Wimbledon side containing a clutch of new players. Of course, Callum Kennedy and Deji Oshilaja were both back in familiar surroundings, but goalkeeper George Long and striker Cody McDonald were...

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As reported by TyrePress.com, as part of the deal Michelin has also acquired a 40% stake in the Robertparker.com website. In a move that makes Michelin one of the most powerful influencers in the world of food and wine, the partnership will initially focus on Asia and North America prior to a rollout in Europe and the rest of the world. “We look forward to leveraging our strong relationship to develop even broader offerings for our customers,” Alexandre Taisne, chief executive of Michelin’s food and travel business, said. Robert Parker believes Michelin’s involvement with The Wine Advocate will marry the often divided worlds of food and wine “Far too long critics have divided wine and food into two separate areas of expertise, but now the most realistic blend of impartial, independent, unbiased, intelligent food and wine opinion and wisdom have been married for the benefit of both wine and food consumers,” Parker added. Back in 2012...

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Watford visit Dons for Football Manager Cup clash


Excitement is building ahead of the new season as this Saturday Premier League Watford visit The Cherry Red Records Stadium for the Football Manager Cup. Both sets of suppporters can book tickets in advance from our online ticket shop, as Neal Ardley prepares for Wimbledon's second season in League One. Watford meanwhile are preparing for another season of top-flight football, now under the leadership of former Hull City boss Marco Silva. It's shaping up to be a great day down at the Dons, as we host our second Ale & Cider Festival and you can also buy in advance for this great event. Wimbledon fans will be keen to catch an initial glimpse of Neal's five new signings so far this summer. Goalkeeper George Long is on a season-loan from Sheffield United, centre-back Deji Oshilaja and left-back Callum Kennedy have returned to the club as has striker Kwesi Appiah - who started training with...

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The top 10 investment wines that returned 150pc in five years


James Connington 3 JULY 2017 • 10:18AM The value of fine wines has risen by 20pc over the past year, with demand climbing as investors look for novel ways to diversify their portfolios. Wine, stamps, coins and other collectibles are seen as being uncorrelated to the stock market, and so are desirable for those who want to insulate themselves from any crash in shares. Far from buying a dusty bottles in old-fashioned shops, there are sophisticated trading platforms and other tools to help people to invest. Most such investments can’t be held within an Isa and ideally require a degree of knowledge. But they are significantly more accessible than in the past. Telegraph Money has taken a look at the best performing investment wines over the past year, using data from wine marketplace Liv-ex, which produces indices that track the wine market. Over the past year, its Liv-ex 100 index of the most traded fine wines has risen by 20pc. It has...

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