Mesut Ozil has “lost his motivation and desire”, according to Emmanuel Petit, with a man seeing his Arsenal future called into question on a regular basis now “waiting for his retirement”.Despite having committed to fresh terms with the Gunners less than a year ago, the World Cup-winning midfielder could soon be heading for the exits at Emirates Stadium.His agent has sought to quash talk of an imminent transfer, but Unai Emery continues to overlook him and offer little suggestion that the 30-year-old is an important part of his plans. Article continues below Editors’ Picks ‘There is no creativity’ – Can Solskjaer get Man Utd scoring freely again? ‘Everyone legged it on to the pitch!’ – How Foden went from Man City superfan to future superstar Emery out of jail – for now – as brilliant Pepe papers over Arsenal’s cracks What is Manchester United’s ownership situation and how would Kevin Glazer’s sale of shares affect the club? Petit believes the German playmaker has fallen out of favour because he has achieved that all he set out to in a distinguished career, with a man who once graced the very top of the game now merely going through the motions.The ex-Arsenal midfielder told the Mirror: “I think he lost his motivation and desire. He now looks as if he is just waiting for his retirement.“A player losing his motivation happens a lot. We are not robots. Sometimes you get into a new season and it’s just not the same. It’s very difficult to play at the same level all of the time.“If you earn so much money, have already won so many titles and, on top of that, if you have problems in your private life… I don’t know what’s going on in his life, but I can see what’s going on out on the pitch and his body language is not good.“It’s a great shame because I hope he can do something not just for himself but also for the club. He’s a beautiful player, but he needs to be loved.“It’s January. In two weeks’ time, the market is closed. I don’t see him leaving the club. Where would he go? To China? Honestly. Do you want to see Ozil finish his career in China?“I’ve nothing against China, but for a player like Ozil, that cannot happen.“I think the club needs Ozil. Ozil needs to understand that and he must get over his frustration and try to fight until the end. To somehow save his pride.”While suggesting that Ozil needs to feel wanted in north London, Petit believes the issues which led to international retirement being announced in the summer of 2018 have contributed to the struggles of a player with undoubted ability.The Frenchman added: “What happened with the national team, has had a big impact on him.“I was following the story for weeks and weeks in Germany and Turkey and I thought to myself, ‘It’s far beyond the limits.’ Some people attack Ozil as a person, not as a footballer.“This is the life of a modern sportsman, you need to do that. You need to fight.“I don’t want him to leave Arsenal, I just want him to come back on the pitch and to do what he’s being paid for.” Check out Goal’s Premier League 2019-20 fantasy football podcast for game tips, debate and rivalries.
Hecla Mining Co is to sell its subsidiaries engaged in Venezuelan activities to Rusoro Mining (Rusoro) for $25 million, consisting of $20 million in cash and 4,273,504 shares of Rusoro common stock. The transaction is dependent upon regulatory approval. Hecla President and CEO, Phillips S. Baker, Jr., said, “The sale of our Venezuelan properties is part of our strategy to reduce the financing put in place to acquire Greens Creek. Prior to this transaction, Hecla repatriated approximately $39 million in cash that generated a $14 million foreign exchange loss. This transaction generates immediate cash from both the sale of the assets and the repatriation of $25 million of cash from our Venezuelan subsidiaries.”Hecla currently carries the Venezuelan properties at a book value of $39 million, so the transaction is expected to result in a pre-tax loss on the sale in the range of $10 million to $12 million, subject to normal post-closing adjustments. The $14 million foreign exchange loss will also be reported in second quarter 2008 results. Baker said, “Our operations in Venezuela were very important to Hecla in the early 2000s, during a time when precious metals prices were depressed. But more recently that operation has become a much smaller proportion of our company’s value, as revenues from our US silver properties grew. In fact, in 2007, the La Camorra unit contributed just 3% of our annual gross profit.”The sale of the La Camorra unit is expected to reduce Hecla’s 2008 gold production estimate to approximately 70,000 oz (from earlier guidance of 115,000 oz), with the majority of that production coming as a by-product from the Greens Creek mine. Baker said, “2008 is a transition year for Hecla as we see a reduction in gold production but an increase in silver production. And while we will not own a primary gold mine, we will continue to consider gold properties in politically secure countries that leverage our expertise as an underground miner.”