Man United bidders set to make latest takeover offers

Representatives of Sheikh Jassim bin Hamad Al-Thani toured Old Trafford and the club’s training ground last Thursday. (AFP/File)
Short Url
Updated 21 March 2023
Follow

Man United bidders set to make latest takeover offers

MANCHESTER: After a series of high-level meetings last week, a second round of bids to buy Manchester United are due Wednesday.

Representatives of Sheikh Jassim bin Hamad Al-Thani toured Old Trafford and the club’s training ground last Thursday, meeting with United executives. Jim Ratcliffe held talks with the Premier League club on Friday and was pictured being greeted by chief executive Richard Arnold. American investment firm Elliott Management has also held meetings with a view to providing capital for takeover bids or other finance options.

Indicative offers were submitted to American merchant bank Raine last month, with Sheikh Jassim and Ratcliffe confirming their intention to buy out the Glazer family, the current owners of United.

The next stage of the process included a closer look at United’s business and meetings with key executives before making renewed bids.

Sheikh Jassim is chairman of Qatar Islamic Bank and the son of a former Qatari prime minister. He is aiming to take 100 percent ownership of United and is intent on investing in the club’s stadium and training facilities. He sent real estate advisers as part of his delegation last week.

Ratcliffe is the billionaire owner of petrochemicals giant INEOS and is bidding for majority ownership after launching a failed attempt to buy Chelsea last year.

United are expected to become the most expensive sports team in history, with the price estimated to reach up to $6 billion.

Last year, Raine handled the sale of Chelsea to Todd Boehly and Clearlake Capital for about $3 billion. The Denver Broncos were sold to Walmart heir Rob Walton and his daughter and son-in-law for a record $4.65 billion last year.

United’s prospective new owners could also have to spend about $1 billion to redevelop the stadium.

Sheikh Jassim and Ratcliffe remain the only bidders to publicly declare their interest in the 20-time English league champions. There is still a possibility that the Glazers could opt against a full sale of the club as they explore “strategic alternatives.”

Second bids for United are due to be placed by 9 p.m. Wednesday.


With Mbappe injured, Real Madrid forward Gonzalo Garcia impresses with a hat trick

Updated 05 January 2026
Follow

With Mbappe injured, Real Madrid forward Gonzalo Garcia impresses with a hat trick

  • The win kept second-placed Madrid within four points of Barcelona after the league leaders won 2-0 at Espanyol on Saturday
  • Levante upset Sevilla 3-0 on the road in the debut of new Portuguese coach Luis Castro
  • Real Sociedad made a promising start under new American coach Pellegrino Matarazzo after holding fourth-placed Atletico Madrid to a 1-1 draw

BARCELONA, Spain: Gonzalo Garcia scored his first, second and third goals in La Liga for Real Madrid on Sunday with his hat trick dominating a 5-1 rout of Real Betis.

The 21-year-old forward was making a rare start in place of the injured Kylian Mbappe, the league’s top scorer, who is sidelined with a left knee sprain.

Garcia came up through Madrid’s youth sides before debuting with its first team in November 2023. He has had steady minutes under Xabi Alonso this campaign.

“It was a dream game for him,” Alonso said about García. “Playing at the (Santiago) Bernabeu (stadium), first season with the first team, and to hit a hat trick. He wanted to score here, and I’m happy for him and with how he works every day whether or not he gets the chance to play. He has an unbelievable attitude and he’s a fantastic example of what it means to be a Real Madrid academy graduate.”

Garcia got going in the 20th minute when he headed in a free kick from Rodrygo after getting free of his marker at the far post.

He deftly controlled a pass with his chest before volleying a strike home from the edge of the area to make it 2-0 in the 50th.

After defender Raul Asencio headed in Rodrygo’s corner for a third Madrid goal shortly after, Betis striker Cucho Hernandez pulled one back for the visitors in the 66th.

Garcia got his hat trick in the 82nd with a flick of his heel to turn in a pass by Arda Guler before he was substituted to loud applause.

His replacement, Fran García, rounded off the victory in stoppage time.

“I’ve been a Madrid fan ever since I was a kid, and I’ve spent many years in the academy, so to come off to a standing ovation from these fans is a very special moment that will stay with me forever,” Gonzalo Garcia said. “I hope there are loads more goals, loads more wins to come, and a special year for all of us.”

The win kept second-placed Madrid within four points of Barcelona after the league leaders won 2-0 at Espanyol on Saturday. Third-placed Villarreal trail Madrid by seven points but has played two fewer games than Madrid and Barcelona.

The win came after a two-week winter break for Spanish clubs. Prior to that break, Madrid had been struggling and pressure was building for Alonso to oversee a convincing win like the one his team delivered against Betis.

Madrid’s most convincing victory in a month comes before Alonso’s side heads to Saudi Arabia where it will participate in the Spanish Super Cup. It will have to beat crosstown rival Atletico Madrid in Jeddah on Thursday to face either Barcelona or Athletic Bilbao in the final on Jan. 11.

“It was an important and well-deserved win to start the year at home,” Alonso said. “Getting underway like this is crucial, calmly and with positive feelings around the place ahead of the Super Cup.”

Promising starts

Levante upset Sevilla 3-0 on the road in the debut of new Portuguese coach Luis Castro.

With his team leading 2-0, Levante goalkeeper Mathew Ryan saved a penalty by Isaac Romero and his attempt to head in the rebound in the 90th minute before Levante scored its final goal.

Levante broke a run of eight rounds without a win and moved out of last place.

Oviedo fell to the bottom after a 1-1 draw at Alaves.

Real Sociedad made a promising start under new American coach Pellegrino Matarazzo after holding fourth-placed Atletico Madrid to a 1-1 draw.

Former Sociedad striker Alexander Sorloth put Atletico in front in the 50th, but Goncalo Guedes equalized five minutes later for the hosts.

Girona left the relegation zone with a 2-1 win at Mallorca.