$6.2 Billion Bid For Manchester United - Qatari Banker Sheikh Jassim's Whopping Deal: Report
NDTV
Qatari banker Sheikh Jassim bin Hamad Al Thani and British billionaire Jim Ratcliffe made their third and final offers to buy Manchester United on Friday
Qatari banker Sheikh Jassim bin Hamad Al Thani and British billionaire Jim Ratcliffe made their third and final offers to buy Manchester United on Friday. Sheikh Jassim is in a bidding war with Ratcliffe after the pair emerged as the main contenders to buy the Premier League club from the Glazer family.
While Sheikh Jassim's latest offer is reported to be over GBP 5 billion ($6.2 billion), the size of Ratcliffe's improved bid was yet to be made public when Friday's deadline for the third round of bidding passed at 2100 GMT. Sources said Sheikh Jassim's bid for 100 percent control of the club comes with the promise of significant additional funding for transfers and infrastructure.
The spending would include either redeveloping United's out-dated Old Trafford stadium or build a new ground, along with overhauling the club's training facilities.
Sheikh Jassim's bid also promises to erase United's $620 million debt. INEOS chemical company founder Ratcliffe, a boyhood United fan who failed in his attempt to buy Chelsea last year, reportedly wants to purchase a controlling stake in United of more than 50 per cent.
That would allow United's executive co-chairmen Joel and Avram Glazer to remain as shareholders with a 20 percent stake, which has raised concerns among a fanbase tired of the Americans' controversial reign.
Rajasthan Royals head coach Rahul Dravid was missing from their pre-season training camp ahead of the IPL 2025 due to injury.
Gautam Gambhir Breaks Trend, Set To Take Up Role That Even Rahul Dravid, Ravi Shastri Didn't: Report
Gautam Gambhir is set to take on an assignment that no previous Team India head coach did.
The Pakistan Cricket Board (PCB) is unlikely to receive any "formal clarification" from the ICC on the perceived snub during the closing ceremony of the Champions Trophy in Dubai.
Atletico Madrid stare down both bitter city rivals Real Madrid and the weight of history as they aim to reach the Champions League quarter-finals on Thursday (IST).
HS Prannoy was defeated by France's Toma Junior Popov in the men's singles opening round.
Wasim Akram admitted being stunned on failing to spot a single PCB official at the ICC Champions Trophy presentation ceremony.
BCCI president Roger Binny presented the white jackets to India players and the medals to match officials, while ICC chairman Jay Shah handed the trophy to skipper Rohit Sharma and gave the medals to the winners.
India captain Rohit Sharma will be 38 in two months' time and with India's next major ODI tournament being the 2027 ODI World Cup, it remains to be seen how long he plays at the top level
The PCB is expected to take up the matter with the ICC as to why its CEO was not invited on stage for the closing ceremony.
Controversy Over Champions Trophy 2025 Final Presentation Ceremony. Pakistan Great Asks, "Why No..."
As India won the title after beating New Zealand by four wickets in the final, the podium was shared by ICC chairman Jay Shah, BCCI president Roger Binny and secretary Devajit Saikia and New Zealand Cricket (NZC) director Roger Twose.
A tragic incident occurred ahead of the Barcelona-Osasuna clash, causing it to be postponed to a later date.
The four-time Grand Slam winner from Spain is vying to join Novak Djokovic and Roger Federer as the only players to win three straight Indian Wells ATP Masters titles.
India vs New Zealand LIVE Score Updates, Champions Trophy Final: India are aiming to beat New Zealand in the final of an ICC event for the very first time.