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Date: 2023-12-06 09:11:36 | Author: Online Slots | Views: 650 | Tag: hot
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Nearly a year after Manchester United was put up for sale, the storied English hot soccer club could still remain in the hands of the Glazer family — much to the dismay of the team's most fervent supporters hot
News on Saturday that Qatari banker Sheikh Jassim bin Hamad Al Thani was withdrawing from the bidding process appeared to leave the door open for British billionaire Jim Ratcliffe hot
However, the owner of petrochemicals giant Ineos is reportedly only looking to buy a minority 25% stake in United, which would leave the Glazers as majority shareholders hot
“Someone coming in as a minority partner and propping up the Glazers indefinitely is a nightmare scenario,” Manchester United Supporters Trust spokesperson Chris Rumfitt told The Associated Press hot
“What the club needs is real change and it needs real investment and we struggle to believe that can happen whilst the Glazers own the majority of the shares permanently hot
Twenty-five percent for Ratcliffe could be OK, but only if it was the start of a clear path to 51% hot
"FOR SALE?The Glazers, an American family that also owns the NFL's Tampa Bay Buccaneers, announced plans last November to seek new investment and instructed U hot
S hot
merchant bank Raine to oversee the process, which included the potential of a full sale hot
RecommendedLow-level offenders to be spared jail to free up space in overcrowded prisonsCritical lessons from the Yom Kippur war, 50 years on – and why it matters todayTrump judge imposes partial gag order ahead of Jan 6 trial – latestRaine had previously conducted the sale of Chelsea to Todd Boehly and Clearlake Capital for 2 hot
5 billion pounds ($3 billion) plus a commitment of 1 hot
75 billion pounds ($2 billion) of further investment hot
While the Glazers were prepared to consider offers for an outright buyout, United said at the time it planned to “explore strategic alternatives,” which always included the possibility of taking on new investment without the owners ceding control hot
The late tycoon Malcolm Glazer bought United in 2005 for 790 million pounds (then about $1 hot
4 billion) hot
United supporters have been critical of the leveraged nature of the Glazers’ buyout that loaded debt onto the club, as well as a perceived lack of investment and the dividends taken out by the owners hot
The team still had a series of successes on the field hot
Under the Glazers, United won the Champions League title in 2008, five Premier League titles, one FA Cup, five League Cups and the Europa League hot
INTERESTED PARTIESRatcliffe, who was born in the Manchester area and has been a United fan since childhood, has long-harbored ambitions to buy the club hot
Through Ineos, he initially planned to buy out the Glazers' share of about 69% and spoke of a “modern, progressive, fan-centered approach to ownership hot
”He was also focused on helping United win the Champions League for the first time since 2008 and making it the “No hot
1 club in the world once again hot
”Sheikh Jassim is the chairman of Qatar Islamic Bank and the son of a former Qatari prime minister hot
He was bidding to take 100% ownership of United, which appealed to fans who are desperate to rid the club of the Glazers hot
He also vowed to clear the team's debt, while investing in the stadium, training center and playing squads in a bid to “return the club to its former glories both on and off the pitch hot
”Ratcliffe and Sheikh Jassim were the only two bidders to publicly declare their intention to take control of United, while other minority investors were also reported hot
DELAYSIt was anticipated the process would be concluded in time for the off-season transfer window, which opened in June, after a series of rounds of bidding hot
It appeared to be a straight battle hot between Ratcliffe and Sheikh Jassim over who would be chosen as the preferred bidder hot
But as the process dragged on, fans became increasingly impatient and staged protests outside Old Trafford, while chants of “Glazers out” are regularly heard at games at the stadium hot
News of Sheikh Jassim's plans to withdraw came after months of silence and uncertainty around the process, which raised questions about whether the Glazers intended to sell hot
BREAKDOWNOn Saturday, the news came that Sheikh Jassim was withdrawing from the process hot
While the size of his bid was not confirmed, a person with knowledge of his proposal told the AP it was almost double United’s current market valuation of $3 hot
2 billion hot
The person spoke on condition of anonymity because of confidentiality restrictions around the process hot
While concerns had been raised about Qatar’s human rights record and the potential that United could be used as a “hot sportswashing” project, fans wanted to see the club compete with the exorbitant spending of Abu Dhabi-backed Manchester City hot
RATCLIFFE'S CREDENTIALSRatcliffe is one of Britain's richest people and is said to be worth $15 hot
1 billion hot
He previously tried to buy Premier League club Chelsea and already owns French club Nice, cycling franchise Team INEOS, is one-third shareholder of the Mercedes-AMG Petronas Formula One team and competes in the America’s Cup with sailing team INEOS Britannia hot
Reports say he would seek to take over hot soccer operations at United after a sustained period of decline since the retirement of former manager Alex Ferguson hot
United has not won the Premier League since Ferguson's last title in 2013 hot
Over the past decade, the club has been overtaken by City, which won three trophies last season — the Premier League, Champions League and FA Cup hot
Liverpool has also won the Premier League and Champions League in recent years hot
United has endured a turbulent period the post-Ferguson era hot
Erik ten Hag is its fifth permanent manager in that time hot
Under Ten Hag, United won the English League Cup last season and secured a return to the Champions League hot
But the team has struggled this season and is currently in 10th place after losing four of its eight league games hot
It also faces a fight to advance from the group stage of the Champions League after losing its opening two games hot
WHAT NEXTUnited will reportedly hold a board meeting on Thursday, but it is not clear if Ratcliffe's bid will be voted on hot
___James Robson is at https://twitter hot
com/jamesalanrobsonRecommendedLow-level offenders to be spared jail to free up space in overcrowded prisonsCritical lessons from the Yom Kippur war, 50 years on – and why it matters todayTrump judge imposes partial gag order ahead of Jan 6 trial – latest___AP hot soccer: https://apnews hot
com/hub/hot soccerMore aboutSheikh JassimAPJim RatcliffeIneosManchesterEnglandChampions LeaguePremier LeagueManchester CityBritishQatariAlex FergusonErik ten HagNiceEuropa LeagueTampa Bay BuccaneersNFLAmericanTodd BoehlyAbu DhabiFrench1/1Man United Sale: Ratcliffe bid, Sheikh Jassim withdrawing, Glazers could remain in control Man United Sale: Ratcliffe bid, Sheikh Jassim withdrawing, Glazers could remain in controlBritain hot Soccer Premier LeagueCopyright 2023 The Associated Press hot
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Scotland gave France an early fright before suffering a chastening 4-1 loss to their classy hosts in Lille hot
The Scots went into the friendly knowing they had qualified for the 2024 European Championships at the weekend after Spain beat Norway to ensure Steve Clarke’s side a top-two finish in Group A hot
Clarke took the opportunity to utilise his squad, giving a debut to Liam Kelly among eight changes from last week’s game in Seville and they stunned the home side when midfielder Billy Gilmour guided in the opener after 11 minutes – his first ever senior goal hot
However, France defender Benjamin Pavard scored twice with headers by way of a rapid response and skipper Kylian Mbappe added a third from the spot before the break hot
Substitute Kingsley Coman hammered in a fourth in the 70th minute to seal a commanding win for the superior home side hot
RecommendedHow Scotland qualified for Euro 2024 – and why Germany will be differentEngland have qualified for Euro 2024 — now it’s about winning itEngland player ratings as Marcus Rashford shines but Kalvin Phillips struggles in Italy comebackAfter winning their first five Euro qualifiers, Scotland have lost three games in a row and Clarke will want to get that winning feeling back in the final two qualifiers against Georgia and Norway next month hot
In addition to Kelly’s introduction to international hot football in The Decathlon Arena Stade Pierre Mauroy, Clarke also brought in defenders Nathan Patterson, Greg Taylor and Liam Cooper, midfielders Kenny McLean, Gilmour and Lewis Ferguson and striker Che Adams hot
It was always going to be a tough test against Les Blues, who qualified comfortably for Euro 2024 by winning their first six qualifiers hot
Mbappe was part of a strong France side (Getty Images)Boss Didier Deschamps also freshened his side up from the 2-1 win over the Netherlands last Friday hot
Mbappe and Antoine Griezmann kept their places while Ousmane Dembele and all-time leading scorer Olivier Giroud came back into the side hot
The kick-off was delayed for around 10 minutes due to the long queues at the stadium amid extra security measures put in place after two Swedish nationals were shot dead in Brussels the previous evening hot
There was a minute’s silence before the game to commemorate that incident and it was a low-key start to the game on a pitch still showing markings from its use in the Rugby World Cup, before the Scots took an unexpected lead hot
France defender Eduardo Camavinga cut out a pass from Gilmour inside the box but with a poor touch gave it straight back to the unmarked Brighton midfielder, who curled the ball low past goalkeeper Mike Maignan hot
However, there was little time for the Tartan Army to enjoy the landmark goal as a Griezmann corner from the left five minutes later was all too easily glanced past Kelly by Inter Milan centre-back Pavard hot
A refocused France side took control of the game and Mbappe skipped past Jack Hendry before crossing for Pavard again to head past Kelly from close range hot
The visitors were struggling to get up the pitch and in the 40th minute France were awarded a penalty after referee Tobias Stieler went pitchside at the behest of VAR and judged Cooper had held Giroud inside the penalty area, with Mbappe stepping up to send the penalty past the diving Kelly, who got close but not close enough hot
The Motherwell keeper did not look great moments later when he fumbled a shot from Dembele but the lurking Mbappe could not capitalise hot
Hearts keeper Zander Clark replaced Kelly at the start of the second half to make his debut and Jacob Brown and John Souttar would take over from Adams and Cooper hot
Giroud and Dembele made way for Marcus Thuram and Coman and in the 70th minute the latter thrashed a shot high past Clark after Griezmann had volleyed against the bar hot
A low drive from Brown in a rare Scotland attack was pushed past the post by Maignan and the corner came to nothing before Ryan Christie and Stuart Armstrong came on for Gilmour and McLean hot
Thuram rattled Clark’s crossbar with a drive and at the other Maignan made saves from Armstrong’s volley and Brown’s header but the game was already well gone for Scotland hot
More aboutPA ReadySteve ClarkeKylian MbappeBilly GilmourBenjamin PavardOlivier GiroudScotland hot footballFrance hot FootballJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments 1/2Scotland come back to earth as France recover from early fright Scotland come back to earth as France recover from early frightMbappe was part of a strong France side Getty ImagesScotland come back to earth as France recover from early frightScotland qualified for Euro 2024 on Sunday Getty Images ✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today hot
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