It’s officially deadline day for Manchester United’s prospective bidders and with multiple parties looking to take over the massive sporting franchise, it’s going to be an interesting few days ahead.
With current owners, the Glazer Family, valuing the club between at least £6-8 billion and now said to be looking for a full sale of the business as opposed to selling partial shares or welcoming new investors, it’ll simply be case a who puts forward the biggest offer.
The deadline for United‘s bidders is 10pm tonight. Here are the candidates said to be seriously considering a takeover.
Sir Jim Ratcliffe
Whoever is leading the race to take over the club is anyone’s guess but it’s fairly common knowledge that one of United’s longest-running suitors is British billionaire Sir Jim Ratcliffe, chairman and co-owner of INEOS — the chemical company who also owns French club OGC Nice.
Ratcliffe is a lifelong Red born in Failsworth who as well as being one of the richest men in Britain also already happens to own a sporting brand in Team Sky cycling, which he bought back in 2019, not mention owning shares in Mercedes F1. If anything, he is clearly a sporting man, at the very least.
ADVERTISEMENT
The 70-year-old has enlisted a number of banks including Goldman Sachs to help fund his bid and while many were wary his need for additional financing resembled the leveraged buyout that saw the Glazers take control back in 2005, he is said to have assured he will not load United with any more debt.
Qatar
Ratcliffe’s biggest rival is undoubtedly the Qatari consortium that is said to be heavily interested in buying Manchester United. Given the level of wealth behind those involved, significantly dwarfing the majority of other financial players, their package is widely considered the strongest of United’s bidders.
ADVERTISEMENT
Although the amount of money clearly won’t be an issue (try a sovereign wealth fund of £368bn), its source and connection to the state looks to be the biggest sticking point.
It has been stated that Qatar Sports Investments, a.k.a. PSG’s billionaire owners, are not involved in the bid but the financing will have to be fully vetted. Regardless, UEFA are being urged to block the move to prevent further ‘sportswashing’ and the Emir of Qatar gaining unprecedented levels of power in football.
Saudi Arabia
Despite having only recently acquired Newcastle United through the Public Investment Fund (the same sovereign wealth model Qatar are hoping to deploy), it has been reported that a rival bid from elsewhere in the Arabian Gulf could also challenge Qatar’s offer.
ADVERTISEMENT
The nation were confirmed to have entered the race by The Telegraph early on Friday, literally hours before the deadline, having previously been rumoured to be in the market for Chelsea before Todd Boehly’s buyout too.
Saudi Arabia obviously share the same oil-based money origins as their Middle-Eastern neighbours and the national government has already said it would back bids from their private sector, but it would still present an odd prospect to see them invest in a direct rival so early into their Newcastle project.
The US — maybe even Elon Musk?
Perhaps the most uncertain prospects are located in the US, with various groups said to have expressed interest in trying to buy the club, though little detail is still known even at this advanced stage.
However, one very wealthy individual (i.e. the richest man in the world) is rumoured to be considering a bid in some capacity: Elon Musk. Yep.
Last but not least, the possibility of investment from China has not been ruled out from the list of Man United’s bidders.
Like the Qatari royals, Chinese investors are rumoured to be putting up an estimated £5bn bid according to The Times, with the possibility of state money also present in this instance.
Once again, though, little is known about the potential investors and whether or not they are part of a large consortium but they cannot be ruled out, especially with China’s massive United fan base.
Once again, the deadline is 10pm this evening (Friday, 17 February) but the full sale will obviously be a much lengthier process, so don’t expect the cogs to start turning right away.
United fans, who would you prefer to have in charge of the club?
ADVERTISEMENT
We know many people’s answer is simply ‘anyone but the Glazers’ but, you know, humour us.
Featured Image — Wikimedia Commons/Jason Wong (via Lookout Point)
Sport
Rodri has been fined for his comments about referees following Man City vs Spurs game
Danny Jones
Manchester City star Rodri has been fined a large sum for his comments about recent refereeing following the Blues’ game against Tottenham Hotspur last month.
The Man City midfielder and Spanish international has avoided a match ban, as many supporters first feared, but will still pay £80k as punishment for the remarks.
While perhaps not a huge figure for a Premier League footballer, he still admitted to questioning the officiating on the day, but did submit evidence to the board in arguing his case.
The Euro 2024 winner had already been charged by the FA following the comments a fortnight after the frustrating home draw, but was given until 18 February to respond/appeal.
BREAKING: Rodri has been fined £80,000 and warned about his future conduct over comments made following Man City's draw with Tottenham Hotspur last month. pic.twitter.com/wdP4slCNef
At the time, little detail was revealed about what exactly was said to the ref, with Rodri accusing Rob Jones of not being neutral and acting in an ‘improper manner’, but it was his comments in the post-match zone that shone an extra spotlight on the situation.
Speaking to the media after the game, the 29-year-old said: “I know we won too much and the people don’t want us to win, but the referee has to be neutral. It’s not fair because we work so hard.
“When everything is finished, you are frustrated. It’s one game and another game and another game – and it’s not possible. Honestly, I never speak about referees; I respect their job massively, but they have to pay attention to these things.”
Rodri was referring to the equaliser by Dominic Solanke, who scored his brace in the 70th-minute to bring his team level, but City and many other football fans believed kicked through defender Marc Guehi’s leg to do so.
As a result, instead of a foul being given, the goal stood, the game ended 2-2, and Pep Guardiola’s side went on to drop crucial points in this year’s title race.
In case you missed any of it, you can see the challenge/controversial goal in question HERE, and listen to Rodri’s response in the immediate aftermath down below.
As you can see, he went on to insist that the incident was “so clear”, as well as intimating that this wasn’t the first time.
He and others around the club believe he and his teammates had been on the receiving end of some incorrect decisions for “two, three games in a row”, adding, “I don’t know why.”
What do you make of the choice to fine Rodri for his comments about referees, or do you think the central Man City cog should have even been punished?
Featured Images — Sky Sports (screenshot via YouTube)
Sport
Medlock Square: Manchester’s new £300 million entertainment destination on the Etihad Campus
Danny Jones
Manchester’s newest entertainment destination, located over at the ever-growing Etihad Campus, has finally been given a name ahead of its launch later this year.
Alongside the recently announced and Radisson-run hotel, Medlock Square will see the Manchester City-partnered mini leisure district aim to become a new must-visit part of the city.
Hoping to draw in crowds beyond just matchdays and those heading to concerts across the way, approximately £300 million is being pumped into the project.
With Co-op Live having already brought huge revenues into Greater Manchester, it isn’t just set to be a pricey development, but one that will look to serve as yet another money spinner for the wider City Football Group (CFG) and the City Region.
Credit: CFG (supplied)
Unveiling the first CGIs of the square this week, this new area will essentially see attractions and activities spill out of the Etihad Stadium, Co-op Live and the soon-to-open Medlock hotel and on to the campus as a whole.
With other parts of Sportcity already revolving around the footballing epicentre, such as the Manchester Regional Arena and National Squash Centre, this will not only see even more sporting events and supporters brought to the roughly 80-acre plot, but also fans of various other forms of entertainment.
For instance, within the plans that already include the food and drink offerings you would expect – with Radisson Blu backing more of the relaxation and indulgent side of things – other activities include everything from “an adrenaline-fuelled sky walk experience”, as well as zip-wire and abseiling.
We already knew about some of these from the details in Man City’s stadium expansion plans (including the likes of The Medlock and rooftop bar), and glimpses of the impending hotel opening gave us a better idea of the overall look, but there looks to be plenty more in the pipeline.
You can see a trailer for what they have in mind for Medlock Square down below.
Welcome to Medlock Square. Manchester’s newest entertainment destination. A place where mouthwatering cuisine and world class entertainment, experiences and events converge. Coming soon! pic.twitter.com/4bC7NQbMHT
As per an official press release by the fledgling team, more information on further business and employment opportunities has also now been confirmed, centring around the new ‘One Medlock Square’ structure that will be built on the campus.
“Designed to accommodate up to 300 employees, the state-of-the-art workspace will offer high-quality, modern office facilities alongside access to shared event spaces and wellness amenities, uniquely positioned within Manchester’s most exciting new destination”, the statement reads.
There’s certainly some ambitious stuff in the works, put it that way.
And, of course, these will also slot into a renovated club shop turned meagstore, an all-new Man City museum, the Co-op arena, live music and other open-air events, just to name a few. A specific opening date is yet to be scheduled, but you can guarantee it’ll be a big deal when it does launch.
Danny Jones -
17th February 2023 
