Laporta: Villa talks on track



Joan Laporta, the outgoing president of Barcelona, said yesterday that talks with Valencia for the capture of David Villa, the Spain striker, were "on track" and he expected them "to be resolved soon". Rafael Yuste, the Barcelona vice-president, earlier told Catalonian radio station Ona FM that the Spanish champions are closing in on Villa and remain hopeful of negotiating a deal for Cesc Fabregas, the Arsenal captain.

Barca retained the Primera Liga crown on Sunday, but have already earmarked potential new signings for next season as they attempt to counteract what could be another summer of big spending from Real Madrid. Yuste admitted that deals for Villa and Fabregas are at different stages. "Negotiations are progressing well especially in the case of Villa," he said. "The situation with Cesc is different because even if you have the will of the player it is very important to talk to his club and, if you can, find an agreement. But what makes it easier is that both players want to come to Barca."

Fabregas, who played alongside Lionel Messi in the Barca youth ranks before moving to Arsenal in 2003, sent mixed messages over his future last week when he attended a promotional event in Barcelona. He said: "You see your [Spanish] teammates succeeding here and it is exciting because you have worked alongside them for so long. I think I would like to go to Barcelona, whether or not they want me is another thing."

However, the Spain international - who has a long-term contract with the Gunners - also stressed: "I don't know when it will happen. I am happy at Arsenal and I am not in a rush to leave." But added: "Before I leave for the World Cup I want my future sorted out because it benefits nobody if I go into the tournament with something else on my mind." * Agencies

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Five famous companies founded by teens

There are numerous success stories of teen businesses that were created in college dorm rooms and other modest circumstances. Below are some of the most recognisable names in the industry:

  1. Facebook: Mark Zuckerberg and his friends started Facebook when he was a 19-year-old Harvard undergraduate. 
  2. Dell: When Michael Dell was an undergraduate student at Texas University in 1984, he started upgrading computers for profit. He starting working full-time on his business when he was 19. Eventually, his company became the Dell Computer Corporation and then Dell Inc. 
  3. Subway: Fred DeLuca opened the first Subway restaurant when he was 17. In 1965, Mr DeLuca needed extra money for college, so he decided to open his own business. Peter Buck, a family friend, lent him $1,000 and together, they opened Pete’s Super Submarines. A few years later, the company was rebranded and called Subway. 
  4. Mashable: In 2005, Pete Cashmore created Mashable in Scotland when he was a teenager. The site was then a technology blog. Over the next few decades, Mr Cashmore has turned Mashable into a global media company.
  5. Oculus VR: Palmer Luckey founded Oculus VR in June 2012, when he was 19. In August that year, Oculus launched its Kickstarter campaign and raised more than $1 million in three days. Facebook bought Oculus for $2 billion two years later.
Thank You for Banking with Us

Director: Laila Abbas

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