The latest development in Manchester United’s potential sale is that it could be about to lose a bidder after the interested Qatari consortium has warned they will “walk away” if the price “isn’t right”.
Qatari Sheikh Jassim Bin Hamad Al Thani’s bid to buy Man United has long been considered the package in pole position for a takeover ever since the Glazer family announced the club was up for sale back in November last year.
However, according to multiple outlets, it is now thought that Sheikh Jassim and co. “could walk away” if the Glazers don’t lower their asking price. Qatar’s current buyout offer is estimated to be approximately £4.5 billion, whereas the American owners value the club at closer to £6bn.
Nevertheless, despite the might of a state wealth fund behind them, the Al Thani family apparently refuse to be “reckless” in trying to purchase the massive sporting franchise even though they recognise they will likely have to overpay to some degree. It also said they want an ‘all or nothing’ deal.
🚨 Sheikh Jassim bin Hamad Al Thani’s bid for Manchester United is described as “all or nothing”. If the Glazers do decide to stay, the Qatar group will not explore minority investment or a staggered route to full ownership over time. pic.twitter.com/NUi5y347ZO
Last week, it was reported by The Athletic that Jassim’s father, Sheikh Hamad (the former Qatari Prime Minister) not only “doesn’t like the investment” but is also “not even a football fan”, which might factor into whether his son and those involved in the negotiations buy the club or not.
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While he did stress in a recent interview that regardless of his hobbies, “I am an investor”, he also added the caveat that “[he] will not look at [any investment] as something you do just as an advertisement.”
Many United fans seem to prefer the look of the Qatari’s bid given their apparent commitment to clearing the club’s debt, redeveloping Old Trafford and also investing in the surrounding areas of the Greater Manchester community.
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Although it is thought that both the Glazers and the two bidding parties involved wanted a decision to be closed out by the end of March, it now seems more probable that full confirmation and a prospective takeover now won’t happen until the end of the season — if, indeed, it does at all.
The only other official bidder is, of course, local businessman and INEOS billionaire, Sir Jim Ratcliffe, who has long held an interest in purchasing the club. Each camp has now been asked to give presentations to the board within the next fortnight.
🚨 They include representatives of Ineos owner Sir Jim Ratcliffe and Qatar's Sheikh Jassim bin Hamad Al Thani. #MUFChttps://t.co/3FOigqMtFk
Born in Failsworth and already invested in multiple sporting teams — not to mention without the political and humanitarian controversies that Qatar are wrapped up in — plenty of Reds would equally prefer Ratcliffe to take over at Old Trafford.
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On the other hand, it’s also unclear whether he has the full financing to complete a deal without taking out more loans (supporters don’t want a repeat of 2005), not to mention his status as a ‘true’ United fan has been called into question after news of his Chelsea season ticket and attempt to buy them too.
Regardless, like his bidding rivals, Ratcliffe’s offer is also said to be worth around £4.5bn, so if the Glazers don’t lower their expectations, they could be left in a situation where one bidder won’t budge and the other simply can’t afford to pay any more.
Whether fans like it or not, it has already been suggested that the Glazers could still stay in charge of United as majority shareholders and if the investments fall through, the torrid relationship between the administration and the club’s supporters could rumble on for years to come.
Salford City FC have been bought out by a new consortium
Danny Jones
Another era beckons for Salford City as a buyout of the Greater Manchester football club by a new consortiumhas been announced.
Well, sort of.
Salford City FC were famously the subject of a joint takeover by Singaporean businessman Peter Lim and members of Manchester United’s Class of ’92 over a decade ago, and now 11 years on from that last milestone moment in their history, the local side has a new administration once again.
It is a fresh chapter for the club, but supporters will be glad to hear that there will also be some continuity and key throughline of consistency among some of those at the top.
Salford City announces that the Club has been acquired by a new ownership group led by David Beckham and Gary Neville, and includes US-based businessman Declan Kelly and Lord Mervyn Davies who will both serve as new Co-Chairs of the Club’s board.
Led by Man United legends Gary Neville and David Beckham, who have been involved with Salford since 2014, the new nine-member consortium consists of the Dream Sports Group – a leading sports technology company based in India – along with a number of other key figures.
One of those is Lord Mervyn Davies, a former Labour MP and Minister of State for Trade, Investment and Small Business, who still serves as a trade envoy between the UK and Sri Lanka.
Another is Irish-American entrepreneur Declan Kelly, who is Chairman and CEO of The Consello Group, a global advisory and investing firm.
While the previous co-owners and fellow Class of ’92 United graduates are no longer shareholders at Moor Lane, it is said they will still play important roles at the club.
As the official statement reads, “The acquisition includes a commitment by the new shareholders to invest significantly in the Club, the team and its facilities”, meaning there will funds will likely be sweet aside not only for some healthy transfer business but more updates to the Peninsula Stadium.
Commenting on the announcement, Neville said: “I’m passionate about Salford City. This is a unique partnership with a diverse range of minds and expertise, held together by a love of football.
“Football will come first, however, it’s critical that we drive the Club towards sustainability in the next 4-5 years. I can’t wait for the next part of this journey.”
Meanwhile, Beckham went on to add in the excitable Instagram post seen above: “Salford played such an important role in my life growing up… It’s where I trained with United alongside my best mates every day, it’s where I bought my first house and where me and Victoria lived.
“I’m so proud to be part of a new ownership group alongside my mate [Neville] as we begin the next chapter of Salford’s journey. Football is at the heart of this community and I can’t wait to see what the future holds for the Ammies.
Chester Zoo’s sellout 10k charity run returns this summer with three new routes
Emily Sergeant
Chester Zoo has announced that its popular Run For Nature is back again this summer, and this year, there’s three new routes to run.
The UK’s biggest charity zoo saw success with similar sold-out events in 2023 and 2024, and is now looking for 2,500 runners to sign up for one of the North West’s most unique athletic experiences when it returns later this year – with all funds raised from the popular event going towards efforts to protect highly-endangered giraffes in Africa.
Participants will this year take on a brand-new route winding through more of the zoo than ever before, and enjoying glimpses of elephants, lemurs, and other incredible species along the way, before heading out into the picturesque Cheshire countryside.
Chester Zoo is inviting runners of all abilities to take part this year, as there’s a new 5km run added to the usual 10km route, and even a one-mile ‘Zoom’ fun run for kids aged four-15.
With only 2,500 places up for grabs, organisers say the event is expected to sell out quickly, just like it has the past two years, as runners race to support a very special cause.
All proceeds from this year’s Run For Nature in September will go directly towards protecting Nubian giraffes in East Africa – a species which has seen drastic population declines in the wild due to habitat loss, poaching and conflict with humans.
Chester Zoo’s sellout 10k charity run is returning this summer with three new routes / Credit: Chester Zoo
Runners will receive a wooden medal at the finish line and free entry to the zoo for the remainder of the day, so they can relax and celebrate their achievement among 30,000 amazing animals.
If that didn’t all sound brilliant enough as it is, top fundraisers from the day will also be in with a chance of winning some exciting prizes too, including annual zoo memberships, animal adoptions, and even special behind-the-scenes zoo experiences.
“We’re thrilled to be bringing back Run For Nature for a third incredible year,” explained Sarah Jones, who is the Fundraising Lead at Chester Zoo.
“We’ve now doubled the distance runners spend inside the zoo, so they’ll pass by even more iconic animals, [making it] a really special experience you won’t get anywhere else.”
Run For Nature is back at Chester Zoo this Sunday 21 September, and you can find out more and sign up to take part here.