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Sheikh Jassim, Ratcliffe make final bids for Man United

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Sheikh Jassim, Ratcliffe make final bids for Man United

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 £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 per cent control of the club comes with the promise of significant additional funding for transfers and infrastructure.

The spending would include either redeveloping United’s outdated Old Trafford stadium or building a new ground, along with overhauling the club’s training facilities.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.

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That would allow United’s executive co-chairmen Joel and Avram Glazer to remain as shareholders with a 20 per cent stake, which has raised concerns among a fanbase tired of the Americans’ controversial reign.

The Glazers reportedly want a world record £6 billion fee for a sports club before they agree to sell the Old Trafford outfit, raising the possibility they might not accept either Sheikh Jassim’s offer or Ratcliffe’s approach.

Deeply unpopular with supporters since they saddled the club with debt in a £790 million leveraged takeover in 2005, the Glazers appeared ready to cash out at an enormous profit when they first invited external investment in November.

However, Elliot Investment Management and The Carlyle Group are among the private equity firms in the market for a minority stake that could allow the Glazers to retain control and provide the funding for investment in the club’s infrastructure.

Avram and Joel Glazer are reportedly keen to hold on to their stakes in United, while siblings and fellow directors Kevin, Bryan and Edward Glazer and Darcie Glazer Kassewitz are open to offloading their shares.

Offers from the last round of bidding, a process run for the Glazers by New York merchant bank the Raine Group, were believed to have been worth a maximum of £5 billion.

That would have smashed the Premier League record of £2.5 billion paid for Chelsea last year by a consortium led by Los Angeles Dodgers co-owner Todd Boehly and private equity firm Clearlake Capital, with a further £1.75 billion promised in investment in infrastructure and players.

‘Dire need’

The Manchester United Supporters’ Trust (MUST) has called for a swift conclusion to the process to allow new owners to be in place for the summer transfer window.

“We are in dire need of new investment, which undoubtedly requires new ownership. MUST, along with United fans all around the world, are calling for this process to be concluded without further delay,” the fans’ group said in a statement.

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United fans are believed to be planning a protest against the Glazers ahead of Sunday’s match with Aston Villa at Old Trafford.

Decade of decline

Under the Glazers’ ownership, United have been in a steady decline on and off the field over the past decade.

The Red Devils have not won the Premier League title since former manager Alex Ferguson retired in 2013, while the club’s revenue has fallen behind local rivals Manchester City and Liverpool due to a lack of regular Champions League football and a failure to modernise Old Trafford.

But they are enjoying a renaissance under Erik ten Hag’s management this season, having ended a six-year trophy drought by lifting the League Cup in February.

They also face Manchester City in the FA Cup final on June 3.

Just months after hosting the 2022 World Cup, a successful Qatari bid would give the Gulf state pride of place in the Premier League — the world’s most-watched domestic competition.

But Sheikh Jassim is the son of former Qatari prime minister Sheikh Hamad bin Jassim bin Jaber Al Thani, and his close links to the gulf state’s ruling elite would raise questions over another Premier League club becoming a state-backed project.

Finnish tycoon Thomas Zilliacus is the outside contender, having recently said his offer from the second round of bidding still stood despite labelling the prolonged sale process as a “farce”.

Sheikh Jassim, Ratcliffe make final bids for Man United

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Arsenal climb to second in EPL with 1-0 win over Ipswich

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Arsenal climb to second in EPL with 1-0 win over Ipswich

LONDON: Arsenal moved up to second place in the Premier League with a 1-0 home win against Ipswich on Friday.

Mikel Arteta’s side is six points behind leader Liverpool, which has a game in hand.

Second-bottom Ipswich had won two of its last three away games but was up against it from the start at the Emirates.

The visitors did not have one touch in the Gunners’ box during the first 45 minutes and, although Ipswich showed signs of life after the break, it was Arsenal which continued to dominate the game, marshaled by Declan Rice in midfield.

Kai Havertz got the only goal midway through the first half when he knocked in a cross from Leandro Trossard.

Havertz, Rice, Mikel Merino, Martin Odegaard and Gabriel Jesus all had chances but none of them could add to Arsenal’s tally.

“It’s so tough, every team is tough to break down,” Havertz said. “They fight for each other and at the end we’re very proud for the win.”

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Arsenal is a point above third-place Chelsea and two points clear of season surprise team Nottingham Forest in fourth.

Seagulls and Bees share the points on south coast

Brighton had most of the chances but could not find the net in a 0-0 draw with Brentford that extended the south coast club’s winless run to six league games.

It was a frustrating night for the home side and especially Julio Enciso. The Paraguay striker had a host of opportunities to score but couldn’t make them count.

Along with Southampton, Brentford has the worst away record in the league with seven losses and two draws and it was easy to see why in this toothless performance.

Brentford had an early goal from Yoane Wissa ruled out for offside and, although it came a bit more into the game in the second half, it failed to pressure Icelandic goalkeeper Hakon Valdimarsson, who made his Premier League debut eight minutes before halftime when Mark Flekken went off with a thigh injury.

One bright spot for the home side was the return of winger Solly March. He came on as a late substitute to make his first appearance for Brighton since injuring a knee against Manchester City 14 months ago.

The result leaves Brighton in 10th place with 26 points, one spot and two points ahead of the Bees.

Arsenal climb to second in EPL with 1-0 win over Ipswich

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Ronaldo, Vinicius, Yamal win big at 2024 Globe Soccer Awards [Full list of winners]

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Ronaldo, Vinicius, Yamal win big at 2024 Globe Soccer Awards [Full list of winners]

The winners of the 2024 Globe Soccer Awards were unveiled Friday evening in Dubai, celebrating outstanding achievements in football over the past year.

The event honored players, managers, and clubs across various categories.

Real Madrid’s Vinicius Junior stole the spotlight, clinching both the Best Player and Best Forward of the Year awards, reinforcing his status as one of the world’s finest talents.

Cristiano Ronaldo, the legendary Al Nassr captain, added another accolade to his storied career by securing the Best Middle Eastern Player Award, while Barcelona’s teenage sensation Lamine Yamal was recognized as the Best Emerging Player of the Year.

Real Madrid’s Carlo Ancelotti was awarded Best Coach of the Year, and Jorge Mendes received the Best Football Agent Award, further cementing their influence in the football world.

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2024 Globe Soccer Award categories and winners

Alongside the standout men’s and women’s categories, here is a rundown of the other winners:

Best Men’s player (18 finalists): Vinicius Junior (Real Madrid)

Best Midfielder (11 nominees): Jude Bellingham (Real Madrid)

Best Forward (10 nominees): Vinicius Junior (Real Madrid)

Best Women’s player (12 finalists): Aitana Bonmati (Barcelona)

Best Men’s club (10 finalists): Real Madrid

Best Women’s club (4 finalists): Barcelona

Best Coach (7 finalists, all in men’s football): Carlo Ancelotti (Real Madrid)

Best Emerging player (7 finalists, all men): Lamine Yamal (Barcelona)

Best Agent (7 nominees): Jorge Mendes

Best Sporting Director (6 nominees): Piero Ausilio (Inter Milan)

Best Middle Eastern player (5 finalists): Cristiano Ronaldo (Al Nassr)

Best Middle Eastern coach: Jorge Jesus (Al Hilal)

Best Middle Eastern club (4 finalists): Al Ain

Revelation award: Olympiacos

Maradona Award: Jude Bellingham

 

Ronaldo, Vinicius, Yamal win big at 2024 Globe Soccer Awards [Full list of winners]

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Vinicius should have won Ballon d’Or, not Rodri – Ronaldo

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Vinicius Junior and Cristiano Ronaldo

Vinicius should have won Ballon d’Or, not Rodri – Ronaldo

Cristiano Ronaldo has reignited controversy surrounding the 2024 Ballon d’Or, accusing the organisers of unfairly denying Real Madrid star Vinicius Junior the prestigious honour.

Speaking at the Globe Soccer Awards in Dubai on Friday, the five-time Ballon d’Or winner openly criticised the decision to crown Manchester City’s Rodri as the year’s top player.

“In my opinion, he [Vinícius] deserved to win the golden ball [Ballon d’Or award],” Ronaldo declared on stage.

“It was unfair in my opinion. I say here in front of everybody. They give it to Rodri, he deserved it too, but they should have given it to Vinícius because he won the Champions League and scored in the final.”

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Rodri’s Ballon d’Or win, attributed to his pivotal role in Manchester City’s historic treble-winning season, has sparked ongoing debates.

Ronaldo’s remarks have added weight to criticisms that the award often overlooks key performances in favour of broader narratives.

Vinicius’ absence from the Ballon d’Or ceremony in Paris this October, along with his Real Madrid teammates, was widely interpreted as a silent protest against perceived biases in the voting process.

Despite missing out on the Ballon d’Or, Vinícius has enjoyed an exceptional year.

The 24-year-old Brazilian winger was crowned FIFA’s The Best Men’s Player earlier this year and was recently named the Best Men’s Player at the Globe Soccer Awards.

His consistent performances, including his decisive goal in the Champions League final, have cemented his reputation as one of football’s most dynamic players.

Cristiano Ronaldo, who received the Best Middle East Player Award during the ceremony, praised the Globe Soccer Awards for their fairness and transparency.

Vinicius should have won Ballon d’Or, not Rodri – Ronaldo

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