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Sheikh Jassim withdraws from Manchester United takeover process
Sheikh Jassim withdraws from Manchester United takeover process
Sheikh Jassim has withdrawn from the process to buy Manchester United, the PA news agency understands. Fans have protested against the Glazer family since their controversial leveraged takeover in 2005 and last November’s announcement of a strategic review brought hope of change. The possibility of a full sale was mentioned and Sheikh Jassim became the first bidder to publicly confirm he had made an offer for the Old Trafford giants. Sir Jim Ratcliffe swiftly followed but the interminable potential takeover process has rumbled on as the demanding Glazer family dragged their heels. It is now understood that, following further discussions, a frustrated Sheikh Jassim has withdrawn from the process to buy the Premier League club. The Qatari banker informed the United owners of his decision in the last few days. Sheikh Jassim’s team announced in February that he had submitted a bid to buy 100 per cent of the club, promising a completely debt-free takeover via his Nine Two Foundation. The bid is understood to have eventually reached around double the current 3.2billion dollars (£2.6bn) market valuation of the Premier League club. An additional 1.7bn dollars (£1.4bn) is believed to have been pledged for infrastructure projects. Earlier this month it was reported that rival bidder Ratcliffe was considering changing his offer and buying a minority stake in United. It was reported he may seek a stake in the region of 25 per cent as part of a proposal to try to bring the drawn-out sale process to an end, having initially wanted to complete a majority takeover. If the Glazers accepted this new reported offer, it would see the American family still retain majority control of the club. United sit 10th in the Premier League after a difficult start to the season for Erik ten Hag’s team. Read More Emiliano Boffelli stars as Argentina send Wales home from World Cup Joe Root dismisses ODI retirement talk with next Cricket World Cup in his plans Michael O’Neill hails Paul Smyth impact on first Northern Ireland start
2023-10-15 02:22
United States predicted lineup vs Portugal - Women's World Cup
United States predicted lineup vs Portugal - Women's World Cup
United States predicted lineup vs Portugal - Women's World Cup
2023-07-31 18:21
Rhea Ripley reveals why Logan Paul and Bad Bunny have done so well in WWE
Rhea Ripley reveals why Logan Paul and Bad Bunny have done so well in WWE
Both Bad Bunny and Logan Paul have impressed WWE audiences since making their in-ring debuts and now WWE Women's World Champion Rhea Ripley has revealed why both celebrities have found so much success in wrestling. "Bad Bunny, he loves WWE. He watched it growing up, he loves everything about it, like he's a true fan. So him coming into WWE, I didn't really have a problem with because you could see the passion behind it. Like he was so excited, he trained, he got better, and he just like persevered and wanted to have a fantastic match. And him and Damian Priest, I want to say, had the best match at Backlash. It was absolutely insane. Sign up to our free Indy100 weekly newsletter "And then Logan Paul, he is such an athlete. Yes, he's not around as much and I'm not entirely sure how much he does love the business, but there's that little bit of passion where you could see how excited he gets when he is in the ring and that's cool to see. "So whoever it is that comes in next, I don't know who I would want to come in as long as they respect the business and they have passion behind it because so many of us dedicate years of our life and throw away time with our family to be here doing the one thing that we love. So a little bit of respect on the wrestling world would be fantastic."‘ WWE brings Money In The Bank to The O2 in London on Saturday 1st July. For tickets visit: https://www.wwe.com/event/money-in-the-bank. Fans can tune in on the WWE Network.’Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-06-30 15:50
Alvarez hits 2 of Astros' 7 HRs in 10-1 win over A's, who fall to 10-45
Alvarez hits 2 of Astros' 7 HRs in 10-1 win over A's, who fall to 10-45
Yordan Alvarez hit two of Houston’s seven home runs, and the surging Astros beat Oakland 10-1 to complete another series sweep and hand the Athletics their 11th consecutive loss
2023-05-29 07:27
How Arsenal plan to recover Bukayo Saka for Chelsea clash
How Arsenal plan to recover Bukayo Saka for Chelsea clash
Arsenal are hopeful that Bukayo Saka will be able to return from a hamstring injury in time to face rivals Chelsea on October 21 and have devised a training plan to get him back up to speed. The winger had to withdraw from England duty on Monday.
2023-10-10 21:59
Column: Options abound for getting to the PGA Tour. LIV Golf offers a new wrinkle
Column: Options abound for getting to the PGA Tour. LIV Golf offers a new wrinkle
The golf seasons are coming to an end and players who don't keep their PGA Tour cards will have plenty of options
2023-11-01 01:51
NBA rumors: Zach LaVine is not interested in getting traded to the Knicks
NBA rumors: Zach LaVine is not interested in getting traded to the Knicks
The Chicago Bulls have been assessing the trade market for Zach LaVine but he reportedly has no interest in going to the Knicks.According to Stefan Bondy of the New York Daily News, Zach LaVine's camp is against a trade to the Knicks. As explained by Marc Berman, this is more likely a feud ...
2023-06-24 00:23
Riner won world title due to refereeing oversight: federation
Riner won world title due to refereeing oversight: federation
French judo legend Teddy Riner, fresh from being crowned world champion, can breathe a sigh of relief after The International Judo Federation (IJF) admitted Wednesday it should have been his...
2023-05-17 23:47
Defending champion Rybakina survives Wimbledon scare
Defending champion Rybakina survives Wimbledon scare
Defending champion Elena Rybakina survived a Centre Court scare to reach the Wimbledon second round...
2023-07-04 22:45
New balls please: Wimbledon hopefuls do battle in qualifying event
New balls please: Wimbledon hopefuls do battle in qualifying event
Pristine grass courts and trademark white kit -- Wimbledon starts a week early for 256 players battling it out in the...
2023-06-27 01:48
Sixth seed Rune into Wimbledon second round for first time
Sixth seed Rune into Wimbledon second round for first time
Danish sixth seed Holger Rune reached the Wimbledon second round for the first time with a 7-6 (7/4), 6-3, 6-2 win against British...
2023-07-06 01:53
Best NFL Sleeper Fantasy Picks for Week 12
Best NFL Sleeper Fantasy Picks for Week 12
Find out our best picks for NFL Week 12 and learn how to unlock up to a $100 bonus at Sleeper Picks.
2023-11-25 05:27