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Sheikh Jassim bid still on table as Manchester United takeover tests patience
Sheikh Jassim bid still on table as Manchester United takeover tests patience
Sheikh Jassim’s fifth and final bid to buy Manchester United will remain on the table beyond Friday but the Qatari’s patience with the takeover process is wearing thin. The Sheikh and his Nine Two Foundation, which is seeking to buy 100 per cent of the club, are understood to feel that by Friday United’s owners, the Glazer family, and the Raine banking group which is conducting the sale process will have had ample time to seek or request clarification and revision of the bid, and will therefore no longer engage with them on it beyond this date. Some observers have interpreted the submission of two additional bids from Sheikh Jassim as an indication that the rival offer from Sir Jim Ratcliffe and Ineos is preferred by the Glazers. However, sources close to the Qatari say he is simply keen to bring the matter to a swift conclusion with a crucial summer transfer window for United coming up. The fifth and final bid was issued earlier this week, and Sheikh Jassim considers it an enormous premium on the current share price of the club, both now and at any stage of the club’s recent share price. Ratcliffe is understood to have made an improved offer on April 28. It has been reported that his offer enables Avram and Joel Glazer to retain a 20 per cent stake in the club, something the Ineos camp has not confirmed. The Glazers are reported to value the club at £6billion. This is a crunch period on and off the field for United, who won the Carabao Cup, finished third in the Premier League and lost Saturday’s FA Cup final in Erik ten Hag’s first season in charge. Co-owner Avram Glazer was at Wembley for Saturday’s 2-1 defeat to Manchester City and ignored questions about the takeover as he left through the interview area. Asked about the potential takeover and summer improvements, United boss Ten Hag said: “I think in this moment I don’t want to discuss that. “It’s about finalising the season. We have to be quiet, analyse the season, go into the depth, then set the right conclusions and then take action.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-06-09 23:18
Bills starting middle linebacker spot still unsettled entering preseason finale at Chicago
Bills starting middle linebacker spot still unsettled entering preseason finale at Chicago
The Buffalo Bills decision on annoucing a starting middle linebacker remains unsettled as the team prepares to close its preseason schedule at Chicago on Saturday
2023-08-25 05:25
Arsenal boss Arteta could use in-game keeper rotation
Arsenal boss Arteta could use in-game keeper rotation
Arsenal boss Mikel Arteta says he could substitute his goalkeeper in the middle of a match in the future if the...
2023-09-18 03:54
UN-backed panel says Italy can do more to fight racism, discrimination in sports and society
UN-backed panel says Italy can do more to fight racism, discrimination in sports and society
A U.N.-backed team of human rights experts focusing on racial discrimination has urged Italy to do more to fight acts of violence, hate speech, stigmatization and harassment against Africans and people of African descent
2023-08-31 21:25
Mets stop 7-game skid, beat Pirates 5-1 behind Canha's 3 RBIs
Mets stop 7-game skid, beat Pirates 5-1 behind Canha's 3 RBIs
The New York Mets stopped a seven-game losing streak, their longest in four years, beating the Pittsburgh Pirates 5-1 behind Mark Canha’s tiebreaking two-run double in the seventh inning and three RBIs
2023-06-11 07:22
The Bears' offense and QB Justin Fields are showing signs of growth
The Bears' offense and QB Justin Fields are showing signs of growth
The Chicago Bears are showing growth on offense
2023-10-12 06:24
Caesars CFB Promo Offers $1,000 No-Sweat Bet on ANY Team to Win National Championship
Caesars CFB Promo Offers $1,000 No-Sweat Bet on ANY Team to Win National Championship
Take the sweat out of your first bet when you sign up with Caesars Sportsbook. Read more to learn how you can unlock your $1,000 bonus today.
2023-10-17 00:54
Newcastle beats Mbappé and PSG 4-1 in Champions League in statement win for Saudi-owned club
Newcastle beats Mbappé and PSG 4-1 in Champions League in statement win for Saudi-owned club
Newcastle pulled off the biggest win since being bought by Saudi Arabia’s sovereign wealth fund two years ago by beating Kylian Mbappé and Paris Saint-Germain 4-1 in the English club’s first Champions League home game since 2003
2023-10-05 06:19
Rogers throws 3 TD passes before injury, Mississippi State tops Western Michigan 41-28
Rogers throws 3 TD passes before injury, Mississippi State tops Western Michigan 41-28
Will Rogers threw three touchdown passes before leaving with an injury and Mississippi State held off Western Michigan 41-28
2023-10-08 04:52
Cabrera leads Tigers over Guardians 8-0 following pregame retirement celebration
Cabrera leads Tigers over Guardians 8-0 following pregame retirement celebration
Miguel Cabrera followed a pregame retirement celebration by scoring the first run and driving in another, helping the Detroit Tigers beat the Cleveland Guardians to clinch second place in the AL Central
2023-10-01 06:29
Brazilian jiujitsu offers lifeline to Rio favela kids
Brazilian jiujitsu offers lifeline to Rio favela kids
In a hilltop slum crammed between two of Rio de Janeiro's wealthiest neighborhoods, children practice Brazilian jiujitsu, hoping to follow in the footsteps of the black belts whose...
2023-08-18 13:58
Suns projected depth chart after first wave of free agency
Suns projected depth chart after first wave of free agency
The Suns have quickly made a flurry of moves to increase their depth in the first wave of free agency. During the first couple of hours of free agency, Brooklyn was able to fill out most of their depth and has been able to fortify their roster with solid wings.As reported via various reports fro...
2023-07-01 09:45