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The filing indicated the company has $1.4 billion of cash on hand, though revenue plunged 67% in the second quarter. If there’s a smidge of a silver lining, Hertz did say demand has slowly started to recover each month, but it’s nowhere near pre-COVID-19 levels. Still, the firm plans to offload another 182,000 cars in its rental fleet. According to the report, Hertz already sold off 100,000 cars as it reached a deal to forgo lease payments on the vehicles’ master lease to save money amid bankruptcy.

For the most up-to-date news and information about the coronavirus pandemic, visit the WHO website.

The Hertz bankruptcy ordeal continues, and while the rental car company continues to offload used cars at some dirt-cheap prices, it still needs other sources of cash in the meantime.

According to a Bloomberg report on Tuesday, Hertz filed for debtor-in-possession financing, indicating choppy waters ahead. DIP financing comes from creditors who believe a company has a solid recovery plan to execute as it works to restructure. But as Read A lot more rental car companies are reliant on travelers, the industry’s likely in for a gloomy outlook considering the coronavirus pandemic continues unchecked in numerous parts of the world. 

Bale has another two years on his contract with Real, who seem desperate to offload him. Reports this week suggested the Spanish champions will pay half of Bale’s £600,000-a-week wage if someone takes him. 

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Watford were the more vibrant side before half-time before retreating after the break.

Middlesbrough saw chances come and go, with Britt Assombalonga their most dangerous player, but Watford showed a resoluteness often missing last season.

It’s early days of course and the remaining weeks of the transfer window will bring further upheaval, but Watford proved just about superior to a Middlesbrough team who you sense would be more than content with mid-table anonymity.

The likes of Troy Deeney, Danny Welbeck, Ismaila Sarr and Will Hughes were among a raft of players absent here through a combination of injury, lack of match fitness or simply sitting in the departure lounge waiting for a move before the window shuts next month.

‘I’m keen to give my best for Paris Saint-Germain and the supporters. We have extraordinary challenges ahead of us this season, and it will be a pleasure and an honour to face them alongside my new teammates, who are among the best players in the world.’

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He added: ‘At other clubs, they would be building a statue outside the ground to celebrate him but he has been treated with disrespect by Real Madrid for a long time now and clearly he needs to find a way to get out of there because he has not played enough football in recent months.’

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There was polite applause from the Staggies supporters in the east stand as the home team emerged from the opposite side of the pitch and by and large they stuck to the strict code of conduct drawn up for the day.

The powers-that be bestowed test event status on this fixture and, as 300 Ross County supporters settled into their socially-distanced seats, Neil Lennon used the occasion to try out a few new ideas of his own.