Man Utd takeover: Sheikh Jassim launches even bigger last-ditch bid to buy football club
The Qatari billionaire Sheikh Jassim bin Hamad bin Khalifa Al Thani has raised his bid for Manchester United by making a fourth and last-ditch offer for the club, which is understood to be closer to £5 billion. The businessman has made a late intervention after the lifelong United fan, and petrochemicals billionaire, Sir Jim Ratcliffe had submitted his third bid which valued United at a higher figure. As with all of Sheikh Jassim’s previous proposals, he is trying to buy 100 percent of the club, where the Glazer family are current majority shareholders. The Qatari has also pledged to clear United’s debt of £536 million and has promised a separate fund directed at the club and the community. Ratcliffe’s most recent bid allowed Joel and Avram Glazer, two of the six siblings whose father, Malcolm, bought the club in 2005, to retain a stake while aiming to complete a takeover in the next few years. The American merchant bank the Raine Group are overseeing the process for the Glazers. There have been three previous rounds of bids, without seeming to meet the Glazers’ valuation, though Ratcliffe had emerged as the favourite to complete a deal. Read More Eddie Howe: Football must learn from my confrontation with fan Dimitar Berbatov warns Harry Kane not to ‘tarnish’ Tottenham legacy by leaving You’re asking the wrong person – Emma Hayes not interested in title permutations
2023-05-17 18:15
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BOJ seen keeping ultra-low rates, may relax yield control
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Atmosic to Launch New Mobile App Viviant, Developed by Fusionary, to Help Companies Quickly Test and Evaluate Atmosic’s Wireless Platforms for the IoT
CAMPBELL, Calif. & GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Sep 26, 2023--
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Europe’s Extreme Heat to Intensify as Parts of Greece Burn
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Plastic surgeon who livestreamed procedures on TikTok banned from practicing medicine in Ohio
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Guindos Says Current ECB Rate to Help Reach Inflation Target
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Wolters Kluwer unveils Lippincott Partnership, a complete nursing education curriculum solution ushering in a new era of student learning
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2023-11-09 22:57
The Fed Returns and Barbie Blows Up: Sunday US Briefing
Hello, this week brings lots of big developments, let's dive in.The big hike: The Federal Reserve and European
2023-07-24 00:17
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