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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 22:54
Probe finds 'serious failings' in way British politician Nigel Farage had his bank account closed
Probe finds 'serious failings' in way British politician Nigel Farage had his bank account closed
An independent probe has found “serious failings” in how NatWest Group’s private and exclusive Coutts Bank shut down the account of the right-wing British politician Nigel Farage
2023-10-27 18:48
Sudan fighting is driving country to collapse and millions face a 'humanitarian calamity', UN says
Sudan fighting is driving country to collapse and millions face a 'humanitarian calamity', UN says
UN officials say nearly four months of brutal fighting is driving Sudan to collapse with millions of people trapped in a “humanitarian calamity” and the possibility of a new ethnic conflict spilling into the region
2023-08-10 06:27
Franklin Templeton to Buy Putnam as Desmarais Family Exits
Franklin Templeton to Buy Putnam as Desmarais Family Exits
Franklin Resources Inc. is buying Putnam Investments in a deal that unites two established asset management firms and
2023-06-01 04:14
Thai Election Winner Lets Ally Lead Government Formation
Thai Election Winner Lets Ally Lead Government Formation
Thailand’s Move Forward Party, which won the most parliamentary seats in the May general election, will step aside
2023-07-21 12:50
Google Is Raising the Price of Nest Aware and Aware Plus
Google Is Raising the Price of Nest Aware and Aware Plus
Nest Aware and Aware Plus customers are about to pay a bit more for the
2023-09-03 03:26
NFL Playoff picture after Week 11: Broncos take one step closer to wild card spot
NFL Playoff picture after Week 11: Broncos take one step closer to wild card spot
The Denver Broncos beat the Minnesota Vikings on Sunday Night Football, setting the stage for an exciting playoff race down the stretch of the season.
2023-11-20 13:00
The Fall Boot Trends You’ll Want To Walk Everywhere In
The Fall Boot Trends You’ll Want To Walk Everywhere In
Cooler weather has finally arrived — aka the perfect time to ready your seasonal wardrobe with some of the hottest trends for fall. And while our upper bodies will likely get swathed in the coziest fall sweaters, comfy denim, and leather jackets, our feet are crying out for a pair of cute boots. This fall, the shoe trends are about as comfort-focused as we’ve ever seen, with perennial favorites like stylish booties, lace-up combat boots, motorcycle-inspired styles, over-the-knee looks, and cowboy boots making a major resurgence. There are also trendy new silhouettes in the mix this season, like denim and wedged sky-high boots that are perfect for the fashion-forward. We’ve also rounded up the best occasion-specific footwear, like the spicy stiletto boots, which take the beloved strappy shoe and elongate its soles to sky-high levels.
2023-09-28 01:20
An off-duty Alaska Airlines pilot is facing attempted murder charges after he allegedly tried to stop a flight's engines, records show. Here's what we know
An off-duty Alaska Airlines pilot is facing attempted murder charges after he allegedly tried to stop a flight's engines, records show. Here's what we know
An off-duty pilot who was riding in the cockpit of an Alaska Airlines flight en route to San Francisco on Sunday is facing dozens of attempted murder charges after he tried to shut down the plane's engines mid-flight, authorities say.
2023-10-24 12:21
China urgently needs to address economic uncertainty - EU business group chief
China urgently needs to address economic uncertainty - EU business group chief
By Laurie Chen BEIJING The head of an influential European business lobby in China said Beijing needs to
2023-08-22 17:04
Man Utd 'fighting' to turn season around, says Ten Hag
Man Utd 'fighting' to turn season around, says Ten Hag
Erik ten Hag said on Friday that Manchester United are fighting together to try and turn their fortunes around after a...
2023-09-22 21:12
Niall Horan recruits John Legend and Lizzy McAlpine for The Show: The Encore
Niall Horan recruits John Legend and Lizzy McAlpine for The Show: The Encore
Niall Horan duets with John Legend and Lizzy McAlpine on new versions of 'The Show' and 'You Could Start a Cult'.
2023-10-25 20:00