Another billionaire ‘steps in’ as Qatar’s Sheikh Jassim withdraws bid to buy Man Utd - Newstrends
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Another billionaire ‘steps in’ as Qatar’s Sheikh Jassim withdraws bid to buy Man Utd

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Another billionaire ‘steps in’ as Qatar’s Sheikh Jassim withdraws bid to buy Man Utd

QATARI banker Sheikh Jassim Bin Hamad Al Thani has withdrawn a bid to buy Manchester United, a source close to the deal told AFP on Saturday.

United announced nearly a year ago that they were exploring “strategic alternatives to enhance the club’s growth”, with a full sale one of the options.

Sheikh Jassim and British billionaire Jim Ratcliffe were the front-runners after several rounds of bidding earlier this year, but the process has stalled in recent months despite the anger of supporters towards current owners, the Glazer family.

The Daily Mail reported that Ratcliffe is now set to secure a 25 percent stake in the club for around £1.5 billion ($1.7 billion).

The Glazers have owned the English giants since a leveraged takeover in 2005 for £790 million saddled the club with huge debts.

Figures in March showed United’s debt has now grown to £970 million.

Sheikh Jassim’s bid was for full control of United and promised to clear the club’s borrowings.

Further talks this week broke down despite an improved bid believed to be around £5 billion.

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By contrast, Ratcliffe is reportedly willing to buy a smaller stake to break the impasse over the Glazers’ £6 billion asking price.

Founder of petrochemicals giant Ineos, Ratcliffe is a boyhood United fan and already has a portfolio of sports investments.

Ineos owns French club Nice and Swiss side Lausanne-Sport, as well as leading cycling team Ineos Grenadiers and is a major sponsor of the Mercedes Formula One team.

United’s fortunes on the field have also faded under the Glazers’ tenure.

The Red Devils have not won the Premier League since former manager Alex Ferguson retired in 2013 and last won the Champions League in 2008.

They currently sit 10th in the Premier League and have lost their first two Champions League group stage matches for the first time in the club’s history.

Fans have also been left frustrated at a lack of investment in United’s infrastructure over the past two decades.

Old Trafford remains the largest club football stadium in England, but is in need of significant redevelopment to keep pace with the facilities offered by their rivals.

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United’s home was overlooked in favour of Manchester City’s Etihad Stadium for the UK and Ireland’s successful bid to host Euro 2028.

The Sheikh Jassim deal also promised $1.7 billion to finance plans for a new stadium and training centre, as well investment in the transfer market on players.

But the bid by the son of a former Qatari prime minister raised concerns over the potential growth of state influence in the Premier League.

Reigning Premier League champions City’s fortunes have been transformed since a takeover from Sheikh Mansour, a member of Abu Dhabi’s ruling family, in 2008.

In 2021, the Saudi sovereign wealth fund also bought a controlling stake in Newcastle.

Amnesty International has called on the Premier League to tighten ownership rules to ensure they are “not an opportunity for more sportswashing”.

Another billionaire ‘steps in’ as Qatar’s Sheikh Jassim withdraws bid to buy Man Utd

AFP

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Galatasaray Stun Juventus 5–2 in UEFA Champions League

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Victor Osimhen
Victor Osimhen

Galatasaray Stun Juventus 5–2 in UEFA Champions League 

Galatasaray delivered a remarkable comeback to defeat Juventus 5–2 in the Champions League knockout playoff first leg at Rams Park, Istanbul, giving the Turkish side a commanding three-goal advantage ahead of the second leg in Turin on 25 February 2026. The match was a thrilling spectacle of attacking brilliance, defensive lapses, and key disciplinary moments that turned the game in favor of the hosts.

Juventus initially took the lead after Gabriel Sara opened the scoring for Galatasaray in the 15th minute, only for Teun Koopmeiners to equalize immediately and then score again in the 32nd minute, giving the Italian side a 2–1 advantage at halftime. The Serie A giants appeared in control, but the second half saw Galatasaray shift momentum dramatically.

Just minutes into the second half, Noa Lang scored to level the game at 2–2, followed by Davinson Sánchez heading in a set-piece goal in the 60th minute to give Galatasaray the lead. Juventus’ hopes were further dented when Juan Cabal, a second-half substitute, was shown a second yellow card in the 67th minute, reducing the visitors to 10 men and giving Galatasaray a clear numerical advantage.

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Exploiting their superiority, Noa Lang netted his second goal of the evening in the 74th minute, and Sacha Boey sealed the emphatic 5–2 victory with a late strike in the 86th minute, completing one of Galatasaray’s most memorable Champions League performances in recent years.

The win marks a historic European night for Galatasaray, boosting confidence and positioning the Turkish side strongly for progression to the round of 16. Juventus, meanwhile, faces a challenging second leg in Turin, needing a near-perfect performance to overturn the three-goal deficit.

The match showcased Galatasaray’s attacking prowess, tactical discipline, and resilience, highlighting their ability to exploit opportunities and capitalize on numerical advantage while keeping pressure on a historically dominant European side.

Galatasaray Stun Juventus 5–2 in UEFA Champions League

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Vinicius Jr’s Wonder Goal Gives Real Madrid Victory Over Benfica

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Vinicius Jr
Vinicius Jr

Vinicius Jr’s Wonder Goal Gives Real Madrid Victory Over Benfica

Vinicius Jr scored a stunning match-winning goal to secure Real Madrid’s 1–0 victory over SL Benfica in the UEFA Champions League play-off first leg at Estádio da Luz in Lisbon on Tuesday. The Brazilian winger’s brilliance, however, was overshadowed by a racism controversy that marred the game.

The decisive moment came five minutes into the second half when Vinicius Jr curled a magnificent strike into the top corner, breaking the deadlock against a resilient Benfica defence. The goal put Real Madrid in a strong position ahead of the return leg in Madrid next week.

The celebrations quickly sparked tension when Vinicius ran toward the Benfica supporters after scoring. According to reports, Gianluca Prestianni, an Argentinian winger for Benfica, allegedly directed a racial slur at Vinicius. The referee, François Letexier, paused the game for about 10 minutes under UEFA’s anti-racism protocol as players and coaches conferred on the field. (goal.com)

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Television footage showed Prestianni covering his mouth while speaking to Vinicius, which many interpreted as an attempt to conceal a racist comment. Real Madrid players, including Kylian Mbappé, confronted the Benfica player, calling for disciplinary action. Mbappé later said Prestianni “doesn’t deserve to be in the Champions League.”

The crowd reacted with hostility toward Vinicius, frequently booing him and even throwing objects on the pitch. Defender Trent Alexander-Arnold described the alleged abuse as “a disgrace to football,” reflecting widespread frustration over persistent racism in European competitions.

Vinicius responded strongly on social media, calling the abusers “cowards” and emphasising that racism remains a serious issue in football. He urged stronger measures to protect players and ensure zero tolerance for racial discrimination.

Benfica manager José Mourinho defended his club, insisting Benfica is not racist and pointing to its history of diversity and iconic Black players. Mourinho acknowledged the tension around Vinicius’s goal celebration but urged players and fans to exercise restraint.

Despite the off-field drama, Real Madrid emerged victorious thanks to Vinicius Jr’s technical brilliance, taking a crucial advantage into the second leg. The match will be remembered both for the goal of the night and the alleged racial incident, which continues to spark debate across football communities.

Vinicius Jr’s Wonder Goal Gives Real Madrid Victory Over Benfica

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X Restored After Global Outage Disrupts Millions Worldwide

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X Restored After Global Outage Disrupts Millions Worldwide

The social media platform X, formerly known as Twitter, has been fully restored after a global outage that left millions of users unable to access the service across several countries on Monday.

The disruption, which began earlier in the day, affected users in the United States, United Kingdom, Nigeria, India, and parts of Europe and Asia, with widespread complaints of blank timelines, login failures, error messages, and inability to post or refresh feeds. Both the mobile application and web version of the platform were impacted.

Online outage-tracking platforms recorded a sharp spike in user complaints, confirming that the issue was global rather than country-specific. Many users reported seeing messages such as “Something went wrong” while attempting to access their accounts.

After roughly two hours of downtime, services were gradually restored, with users regaining access to timelines, posts, messages, and other core features. By mid-afternoon GMT, functionality had largely returned to normal worldwide.

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While the platform confirmed restoration through improved service performance, X did not issue an official explanation for the outage. There was also no immediate public statement from the company’s owner, Elon Musk, regarding the cause of the disruption.

Industry observers described the incident as an international technical failure, stressing that it was not linked to government restrictions or localized internet shutdowns. The outage adds to a growing list of service disruptions experienced by the platform in recent months, raising renewed concerns about platform stability and infrastructure resilience.

X remains one of the world’s most influential social media platforms, widely used for breaking news, public discourse, business communication, and real-time updates, making the outage particularly disruptive for users and organizations that rely on it for timely information.

X Restored After Global Outage Disrupts Millions Worldwide

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