David Owen: On Barclays and the Premier League

The timing is quite striking.

On July 3, Bob Diamond resigned as chief executive of Barclays, in the midst of a political firestorm touched off by a £290 million fine meted out to the bank by UK and US authorities.

On July 12, it extended until May 2016 its sponsorship of the English Premier League.

By the end of August (with Chelsea three points clear at the top of the table), Antony Jenkins, a new chief executive who, as far as I can see, is being portrayed in many respects as the polar opposite of the scapegoated Diamond, was in situ.