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
1970-01-01 08:00
Cathie Wood Seeks Tech Gains in Meta, TSMC After Dumping Nvidia
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Joelinton: I received racist insults after Arsenal game
Newcastle midfielder Joelinton has revealed he received racist messages following last month’s Premier League defeat to Arsenal. The 26-year-old spoke about the subject while on international duty with Brazil, saying “many things need to be changed”. Newcastle were beaten 2-0 by the Gunners at St James’ Park on May 7. “It’s an important moment to speak about racism,” Joelinton told a press conference. “We have been talking about it for a long time. “Still, many things need to be changed. We talk about a combat against racism but we didn’t have much of a change. “This (racism) is not something happening now, but for a long time. “And, in the 21st century, we still see things like that. It’s hard to accept and believe that we are evolving when things like that still happen.” Asked if he had suffered racist abuse, the player replied: “Not on the pitch, no. “But after that match against Arsenal playing at home, I have received some messages with racist insults. But it’s gone, it didn’t affect me.” Joelinton, who is in line to win his first cap for his country in upcoming friendlies against Guinea and Senegal, received a message of support from his club. A post on Newcastle’s official Twitter account read: “There is no room for racism. Anywhere. We’re with you, Joe.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
1970-01-01 08:00
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US moves to block Microsoft's Activision takeover
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German Investor Outlook Improves Slightly After Winter Recession
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China Credit Demand Weakens In Fresh Sign of Waning Recovery
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China Considers Developing Domestic High-Yield Bond Market
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