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.
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)
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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.