Qatar’s Sheikh Jassim bin Hamad Al-Thani has increased his offer to buy Manchester United, submitting a new and improved bid on Tuesday, 17 May.
The Qatari prince and banker entered a world-record bid to buy the club during the third round of deliberations which ended in April but is said to have now elevated his offer to between £5-5.5 billion, with Raine Group receiving the improved proposal on Tuesday morning.
Whilst this figure is still short of the Glazer family’s £6bn valuation, it is now thought to be the strongest offer and comes after a number of reports that main takeover rival, Sir Jim Ratcliffe and his INEOS Group, were leading the race thanks to a revised offer of their own.
This is Sheikh Jassim‘s fourth bid overall, with the buyout process officially beginning back in February and the third round of bidding concluding on 28 April. Should this improved offer be accepted, it will be for 100% control of the club and will see their debt cleared.
Part of the reason Ratcliffe was said to be the favourite to secure Man United’s sale was that his offer reportedly offered the Glazers a chance to remain part of the club by allowing them to keep a 20% minority stake.
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However, United fans have made their feelings more than clear: they want a full sale only and for the Glazers to sever all ties with the club. Since acquiring the Red Devils through a controversial leveraged buyout back in 2005, the club has now accrued £969.6m in debt as of March 2023.
Moreover, part of the concerns surrounding the alternate bid is that although the Failsworth-born businessman is a billionaire and has experience overseeing sports franchises as the owner of OGC Nice and Team Sky cycling, it is thought he may not be able to fully finance the takeover himself.
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On the other hand, with virtually an entire nation’s sovereign wealth behind him, Sheikh Jassim’s bid won’t require any borrowing and beyond clearing the club’s debt, is said to include separate funds to spend on the club, help redevelop the stadium and training ground, as well as invest in the community.
Financing aside, the only thing seemingly standing in Sheikh Jassim’s way is the controversy surrounding Qatar’s human rights record which became ever more prominent following the World Cup and whether or not the current American owners are enticed by the possibility of keeping some stake in the club.
At present, the Glazers have given no indication as to when a deal might be accepted or if the last two offers will indeed be the final round of bidding — revised offers from both of the frontrunners would suggest otherwise.
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Nevertheless, supporters are remaining vocal that the Glazers’ time is up and they want rid, especially with the football back on the up under Erik ten Hag.
If this doesn’t sum up the lasting sentiment they’d like to part on, we don’t know what does:
Tributes paid as Curzon Ashton FC founder Harry Twamley dies following a ‘long illness’
Danny Jones
Tributes are pouring as local team Curzon Ashton FC have confirmed that club founder Harry Twamley BEM has sadly passed awayat the age of 82.
Based in Ashton-under-Lyne, Tameside, the National League North side shared the news on Wednesday morning, with fans across the region as well as up and down the English footballing pyramid paying their respects.
Posting on social media, the Curzon Ashton official accounts wrote: “It is with deep regret that we announce that Harry Twamley (BEM) passed away after a long illness.”
“Our condolences are expressed to Richard and Jayne and to the rest of his family at this time.”
While they explained that a full statement will be shared online in the coming days, the initial announcement on the club website featured heartfelt words from former club chairman Wayne Salkeld, who took over from Twamley back in the 2018/19 season, spending five years at the helm.
Salkeld said: “It’s a sad day for everyone at the club. I was honoured when Harry asked me to become chairman in 2018/19 and I will never forget that day.
“I’m going to miss our phone calls which were every day. Thanks for the memories and we will work hard to keep your legacy going.”
Curzon Ashton director Oliver Newall also shared a touching tribute to the club founder, who set up the club back in 1963, adding: “What an incredible man. Someone who brought Curzon Ashton into the world and whom without we would not have had so many amazing moments and memories.
“The word legend gets thrown around too often… Harry Twamley was a legend and he will be missed so much.” He was joined by numerous fans and other clubs in offering their condolences.
Other teams paying tribute included Salford City, Saddleworth Cricket Club and nearby non-league outfit, FC United of Manchester.
The lattermost wrote: “From all at FC United, we would like to pay our respects to a legend of the game in Greater Manchester, we ground-shared at Curzon Ashton and saw first-hand what an immense character Harry was.”
Twamley was named in Queen Elizabeth II’s New Year’s Honours list back in 2017 and awarded an Order of the British Empire medal for his services to amateur football. Our thoughts go out to his friends, family, The Nash and their supporters.
Rest in peace to an important local figure and treasured champion of the grassroots game.
Manchester City is looking for ‘diehard fans’ to be part of a new documentary series
Emily Sergeant
Manchester City is looking for some diehard fans to be part of a new documentary series by sharing their love for the club.
The Sky Blues are no stranger to a documentary, having had several successful series and feature-length shows air on Amazon Prime, Netflix, and the club’s own online TV platform CITY+, over the past couple of years – drawing in millions of viewers across the globe each time.
But now, it sounds like there’s another one in the works… and you could be a part of it.
The football club is looking for families with four generations of supporters to share their special memories of following Manchester City down the years.
📣 We’re looking for diehard fans to share their special City memories for an exciting new documentary series!
On top of this, the club is also keen to find fan videos that can help take documentary viewers into the stands from a City fan’s perspective, and is asking that people get in touch and send footage that they’ve taken of some of the club’s most famous moments from over the years – including reactions to Sergio Aguero’s famous goal against QPR in 2012, and the Treble-winning season.
Footage could also be submitted from other important milestones such as the 1999 play off final, or from things like random away days in the 1980s, or even City-themed kids’ birthday parties from the 1950s, 60s, and 70s.
No matter whether the footage was taken on a mobile phone, old-school video camera, or something similar, it could come in useful.
Manchester City is looking for ‘diehard fans’ to be part of a new documentary series / Credit: Manchester City
The only condition is that all footage submitted by fans must be their own, and not recordings from commercial media, or copied from YouTube or any other media/social media outlets.
Keen to be a part of the production then?
If you would like you and your family to be considered for the documentary, then you can email [email protected] with your details and stories about supporting City.