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Sheikh Jassim waiting to hear if final offer to buy Man Utd has been successful
Sheikh Jassim waiting to hear if final offer to buy Man Utd has been successful
Sheikh Jassim is still waiting to hear whether his fifth and final offer for Manchester United has been successful, according to sources close to the Qatari. Recent reports within Qatar had indicated that the Sheikh’s bid – which is for 100 per cent of the club – had seen off the bid from Ineos founder Sir Jim Ratcliffe. However, the Sheikh Jassim camp described those reports as pure speculation and say they remain in a ‘holding pattern’. They expect the next step will be for the United board to meet and consider both bids. United have been approached for comment. Sheikh Jassim’s fifth bid was made last week, but at the same time it was made clear to the Glazer family – who own the club – and to the Raine merchant banking group which is overseeing the sale that he would not engage with the process beyond last Friday. The Qataris are eager to get the deal done with the summer transfer window about to kick into gear. Sheikh Jassim’s bid is understood to be a fully cash deal for 100 per cent of the club, and that all United’s debts would be cleared. Sources close to the Sheikh’s bid say that separate, additional funding would be made available for player recruitment, infrastructure and other investment needs. The Glazers first announced their intention to consider a sale of the club in November last year, with the first bids from Ratcliffe and Sheikh Jassim tabled in February. There have been reports that Ratcliffe’s offer is for 60 per cent of the club, with Avram and Joel Glazer retaining a combined 20 per cent stake, but sources close to Ratcliffe have not confirmed this. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-06-13 17:45
Several hurt in ADM central Illinois plant blast; corn, soy processing down
Several hurt in ADM central Illinois plant blast; corn, soy processing down
By Karl Plume CHICAGO (Reuters) -Several employees were hospitalized after an explosion and fire late on Sunday at a massive
2023-09-12 02:53
Workers at key Boeing supplier vote to end strike
Workers at key Boeing supplier vote to end strike
Spirit AeroSystems, a key supplier to Boeing, is set to reopen next week after members of the International Association of Machinists voted Thursday to ratify a tentative labor agreement and end a week-long strike.
2023-06-30 08:51
Goldman Sachs:
Goldman Sachs: "Fully orthodox" policy maker could raise Turkey rates to 40%
LONDON Goldman Sachs said on Friday the appointments of Mehmet Simsek as Turkish finance minister and Hafize Gaye
2023-06-10 02:15
Texas sues Shell over May fire at Houston-area petrochemical plant
Texas sues Shell over May fire at Houston-area petrochemical plant
Texas is suing Shell, alleging a fire at the oil giant's Houston-area petrochemical plant damaged the environment
2023-08-15 22:56
Brent Crude Rises Above $80 a Barrel for First Time Since May
Brent Crude Rises Above $80 a Barrel for First Time Since May
Brent crude futures rose above $80 a barrel for the first time since early May amid signs of
2023-07-12 20:52
The Far Right Is Advancing in a Vulnerable Europe Again
The Far Right Is Advancing in a Vulnerable Europe Again
To a backdrop of hard rock and fireworks, the hundreds of people gathered in the Polish city of
2023-09-11 12:54
Bonds Everywhere Are Suffering as Rate-Hike Fears Swamp Traders
Bonds Everywhere Are Suffering as Rate-Hike Fears Swamp Traders
Bonds are slumping from the US to Australia as early hawkish signs from this month’s slew of central-bank
2023-06-08 08:55
Ukraine targets a key Crimean city a day after striking Russia's Black Sea Fleet headquarters
Ukraine targets a key Crimean city a day after striking Russia's Black Sea Fleet headquarters
Russia says Ukraine has launched another missile attack on Sevastopol in occupied Crimea, a day after an attack on the headquarters of Russia’s Black Sea Fleet left a serviceman missing and the main building smoldering
2023-09-23 22:16
Australia minister calls on end-consumers to underpin critical minerals investment
Australia minister calls on end-consumers to underpin critical minerals investment
By Melanie Burton MELBOURNE Automakers and other consumers of critical minerals should invest in Australia's materials processing industry
2023-06-20 15:50
Good Foods debuts Dill Pickle Chip Dip
Good Foods debuts Dill Pickle Chip Dip
PLEASANT PRAIRIE, Wis.--(BUSINESS WIRE)--Oct 4, 2023--
2023-10-04 23:59
Angola Opens Bids for Operator of $3 Billion Luanda Airport
Angola Opens Bids for Operator of $3 Billion Luanda Airport
Angola will open a tender on Friday to operate a newly-built international airport in Luanda for as much
2023-11-17 19:28