Money goes to money, as the saying goes, and that seems to be the case with Manchester City receiving a cash injection of US$400mln.
A consortium of Chinese firms is stumping up the cash to buy a 13% stake in the football club.
Having lived in the shadow of its Manchester rival Manchester United for decades, Manchester City has turned the tables in recent times, with its transformation coinciding with a change of ownership that saw Arab oil money pumped into the club.
In terms of international recognition, however, Manchester's sky blue team still trails the Red Devils, and the latest deal will go some way to addressing that, with the club's chairman, Khaldoon Al Mubarak, saying it would “leverage the incredible potential that exists in China”.
In other entertainment news, Merlin Entertainments (LON:MERL) is trading in line with revised expectations. The Alton Towers theme Park owner said the rate of decline in attendances at its theme Parks in the wake of the thrill ride accident earlier this year that injured 16 people, two of them very seriously.
Last week an investigation found that “human error” was to blame for the crash on the Smiler roller-coaster.
While the thrill-rides part of the business is understandably struggling, the more family-focused Legoland division is trading well.
The seemingly interminable decision-making process on the expansion of London's Heathrow airport took another turn this morning with parliament's Environmental Audit Committee concluding that the government should not even consider giving in to the airport owner's lobbying for a third runway until it demonstrates it will comply with environmental conditions.
"The communities living near to the roads around Heathrow already put up with noise and extra traffic; it would be quite unacceptable to subject them to a potentially significant deterioration in air quality as well," committee chairman Huw Irranca-Davies said in a statement.
Anyone who has crawled past the Heathrow turn-off on the M25 orbital motorway on the way to Merlin Entertainments' Legoland or Thorpe Park knows it is not just the locals who have to put up with extra traffic.
Beryl is not a name you hear very often today, having been supplanted by newer trendier names such as Jade, but like Jade, the name derives from a gem mineral.
All of which is by way of explanation for readers who, like me, dropped out of the Geology course pretty sharpish at school, and who might otherwise think Beryl Holdings is a slightly odd name for a woman.
It would indeed be a slightly odd name for a woman but in this case it is actually the name of a South African investment firm that has teamed up with African Potash (LON:AFPO), a company that, as you might expect, is based in Africa and focused on potash.
Beryl's main fertiliser trading activities, which include trading, logistics and financing, will be restructured and operated via a newly formed Mauritian company, which will become a wholly owned subsidiary of African Potash.
In similar vein, Petra Diamonds (LON:PDL) is not just a cool name for a woman but also is a southern African diamond miner that has acquired an interest in the Kimberley Mines in South Africa. Do I need to mention at this point that Kimberley is also a forename?
Petra has a 49.9% stake in an acquisition vehicle, Ekapa Minerals, which is buying the mines from DeBeers, the leviathan of the diamonds sector. The consideration is 102mln rand, equivalent to about £4.7mln.