Sport
Qatar and Sir Jim Ratcliffe set to submit ‘world record’ offers to buy Manchester United as other bidders are expected to join the race
The second deadline for takeover bids expired at 9pm on Wednesday, 22 March but both have asked for an extension.
The deadline for the second round of bidders in the race to takeover Manchester United football club has officially passed, with multiple world record offers reportedly on the verge of being submitted.
Following the first round of bids, which saw a Qatar investment group headed up by Sheikh Jassim bin Hamad Al Thani, and British billionaire Sir Jim Ratcliffe both put in their initial offers, Manchester United set a second deadline of 9pm on 22 March for them to increase their offers and welcome other offers.
While the opening bids matched each other at £4.5 billion, working with financial advisors Raine Group who are brokering in the deal from the US, neither reached the Glazer family ownership’s estimations, who value the club closer to £6bn.
As a result, both went on to carry out further negotiations — each visiting Old Trafford last Friday and staying for upwards of six hours (more than 10 in the case of the Qataris) — but it is now thought they may no longer be the only parties involved in the bidding war. Whether it will be in time is the issue.
Despite earlier reports that Sheikh Jassim and his associates had submitted a “world record offer” before the Glazers and Raine Group’s 9pm deadline (5pm New York time), Sky Sports‘ Kaveh Solhekol has now clarified that the bid was not submitted in time and that they have asked for an extension.
Man United are said to have agreed to the extension and Sheikh Jassim still remains confident that they have the “best bid” of the bunch.
Moreover, as per the likes of Mike Keegan, Jim Ratcliffe was also set to enter his second bid, with both offers said to have increased to around the £5bn mark. However, the INEOS chief exec is also said to have failed to meet the deadline and been granted an extension, according to a senior source.
Kaveh also went on to detail that multiple other offers have in fact been submitted, with the numbers said to be “approaching eight” different bidders.
Any bid of more than £3.75bn would break the world record fee for a sports club set when the Denver Broncos were sold last summer.
As for the frontrunners, both offers are still around a billion short of the Glazer’s asking price and not only have Sheikh Jassim and co. already warned they will ‘walk away’ if the price is too high, but it’s unclear how far Ratcliffe’s wealth can stretch if he is to continue pursuing a deal.
The key difference between the two bids is that Qatar’s bid will apparently make the club debt-free given the sheer mass of state wealth behind them, whereas the Failsworth-born businessman’s financing may be more complex to put together.
Trying to clear up the confusion, The Times‘ Matt Lawton said on Twitter that “both Qatari and INEOS representatives said their bids were in, United sources [are] saying they haven’t yet bid and have asked for an extension”, with offers now set to be made by tomorrow.
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As reported by Sky Sports earlier this week, it was thought that “at least five other bidders” and as many as eight in question could join the race along with Ratcliffe and Qatar, who were the only two parties to have submitted an official offer for United during the first round of bidding.
However, a detailed list of the other candidates and precisely how many are still yet to be confirmed; Kaveh did go on to suggest that some could simply be a form of “hot air” designed to hopefully urge the ‘serious bidders’ to edge their offers up even higher.
As for next steps, neither of the parties in the supposed two-horse race expect an immediate decision from the board, especially after the unexpected delay, and those who submitted new offers in the second round of bidding will have to wait at least seven days to hear back from the club and brokers Raine Group regarding their progress.
However, it is worth noting that these subsequent bids may not necessarily be attempts to buy the club outright and not only is there a feeling that a third round of negotiations could take place, but there is also a growing sense that the Glazers could still pull out of a potential buyout altogether.
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Featured Image — pxfuel
Sport
Manchester City release new ‘The Decade Collection’ celebrating 10 years of Pep Guardiola
Danny Jones
Manchester City and PUMA have just released a new clothing line celebrating 10 seasons of Pep Guardiola at the club.
Simply entitled ‘The Decade Collection’, the new PUMA range revolves entirely around Pep as he marks his 10th anniversary in charge of the Blues, focusing on minimalistic style.
Guardiola has always been a trendy bloke, often being highlighted for his fashion choices on the touchline – even some of the questionable ones…
But with a much plainer approach this time around, the Pep clothing collab
Debuting the lifestyle drop on Wednesday, 15 April, Man City wrote on social media, “Ten seasons on the touchline. Ten seasons of setting the standard.
“Introducing the Puma Football Decade Collection with the Pep Team – celebrating Pep’s ten seasons as our manager and inspired by memorable moments from his tenure at the Club.”
While it’s unclear how much (if any) of these new clothes the Catalan coach has helped design or had influence on, but given its exclusive nature, you can expect it to sell out pretty quickly.
They go on to add: “Created to honour a defining chapter that reshaped the club’s modern identity, this exclusive collection is available in limited quantities.
Starting at £30 for the cheapest item – a ‘P’ logo baseball cap – the most expensive part of the collection clocks in at £110: his special anniversary edition ‘Majesty Low Decade’ PUMA trainers.
You can see some more examples of what we’ve already seen him wearing, and what we’ll no doubt see him in pitchside very soon, down below.
https://x.com/ManCity/status/2044347944988516522?s=20
Obviously, City has plenty of other brand partnerships when it comes to both official sports apparel and more casual clothing, many of which we’ve already seen the 55-year-old football manager wear, but you can almost guarantee he’ll be donning them for the coming fixtures.
You can see Man City x PUMA x Pep Guardiola ‘Decade Collection’ in full HERE.
Speaking of which, up next for Pep and co is what could prove to be THE big twist in this year’s Premier League campaign, with his squad of serial winners taking on league leaders Arsenal at home.
Not only did the Gunners’ surprise loss to Bournemouth last weekend help City close the gap on the top spot, but with them refinding their form ahead of hosting the title hopefuls at the Etihad Stadium, it all looks to be shifting back in their favour at the moment.
With seven games left, and one in hand compared to Arsenal, do you see them beating Mikel Arteta’s side to another trophy?
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Featured Images — Manchester City Football Club (publicity pictures)
Sport
Sale Sharks announce signing of exciting new winger David Opoku-Fordjour
Danny Jones
Sale Sharks have revealed their latest bit of recruitment as they have announced an agreement to sign promising young winger, David Opoku-Fordjour.
The brother of existing Sharks player, Asher Opoku-Fordjour, David, is set to join Sale at the start of next Gallagher PREM season.
Sharing the news with their fans on social media, the Greater Manchester rugby union outfit is tipping the ‘exciting’ and very fast forward to achieve big things at the club.
As the older sibling of 21-year-old prop Asher (only slightly), they might be of a similar profile in some ways, but they are still two very unique talents with their own attributes.
The fellow Coventry-born prospect came through his local side’s youth academy, making over half a century of appearances for the Championship team.
He will now become the second member of the Opoku-Fordjour family, who are originally from Ghana, to play for Sale Sharks.
Already capped England star Asher is actually the youngest of the four Midlands-born brothers.
Meanwhile, David Opoku-Fordjour – still just 22 himself – will make his Premiership debut in the coming 2026/27 campaign, penning a one-year deal with an option of extending by another 12 months as part of his contract:
The youngster said in an official statement: “I know the levels at a PREM club will be much higher, but I’m really looking forward to playing and training with internationals every day.
“There are so many good wingers at the club – guys like Tom Roebuck and Arron Reed – and I just want to be a sponge and learn from them and develop as much as I can.”
“Asher and I are really close, and playing with him again will be brilliant. When I spoke to him, he just said that the environment at Sale is great and that I would really enjoy it. He said the club is full of good people, so I can’t wait to get started.”
Commenting on his arrival, Director of Rugby Alex Sanderson said, “There’s some real talent and potential in the Champ, and we think we’ve found one in David.
“He scores tries for fun, but there’s plenty more to his game, and we’re looking forward to seeing how he develops in this environment, learning and playing with the international wingers we’ve got.”
Looking forward to seeing him on the pitch, Sharks?
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Featured Images — FloRugby/Coventry RUFC (screenshots via YouTube)