Battle to buy Man United heats up as Qatar banker, British billionaire prepare fresh bids

Battle to buy Man United heats up as Qatar banker, British billionaire prepare fresh bids
Manchester United fans holds banners calling for their team's owners, the Glazer family, to leave the club, during the English Premier League football match between Manchester United and Leicester City at Old Trafford in Manchester on Feb. 19, 2023. (AFP)
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Updated 23 March 2023

Battle to buy Man United heats up as Qatar banker, British billionaire prepare fresh bids

Battle to buy Man United heats up as Qatar banker, British billionaire prepare fresh bids

MANCHESTER, Britain: The battle to buy Manchester United heated up on Wednesday as Qatari banker Sheikh Jassim Bin Hamad Al Thani and British billionaire Jim Ratcliffe prepared to raise their bids for the 20-time English champions.
Both parties were expected to increase their initial offers after the submission deadline of 2100 GMT was extended by merchant bank Raine, which is assisting with the sale of the club, following confusion over the timing, the BBC reported.
Sky Sports also reported that Sheikh Jassim and Ratcliffe had been granted extensions to submit fresh bids.
The new deadline for offers has not been made clear, according to the BBC.
United’s owners, the Glazer family, have reportedly set a world record £6 billion ($7.3 billion) valuation for a sports club.
Sheikh Jassim’s bid for 100 percent control of the club promises to wipe United’s $620 million debt and invest in a new stadium and training ground, in addition to backing for the men’s and women’s teams.
A source close to Sheikh Jassim’s bid told AFP he remains confident his bid is “the best for the club, fans and local community.”
INEOS chemical company founder Ratcliffe, a boyhood United fan, has been more circumspect in his assessment, insisting he will not pay a “stupid” price in a bidding war for one of football’s most iconic clubs.
“How do you decide the price of a painting? How do you decide the price of a house? It’s not related to how much it cost to build or how much it cost to paint,” Ratcliffe told the Wall Street Journal this week.
“What you don’t want to do is pay stupid prices for things because then you regret it subsequently.”
Ratcliffe, who wants the 69 percent stake owned by the Glazer family, said his interest in United would be “purely in winning things,” calling the club a “community asset.”
Deeply unpopular with supporters since they saddled the club with debt in a £790 million leveraged takeover in 2005, the Glazers appeared ready to cash out at an enormous profit when they invited external investment in November.
However, they could yet shun the option of selling a controlling stake in the club, with other parties interested in a minority shareholding.
The initial offers from the first round of bidding last month were believed to have been worth around £4.5 billion.
That would surpass the Premier League record of £2.5 billion paid for Chelsea last year by a consortium led by LA Dodgers co-owner Todd Boehly and private equity firm Clearlake Capital, with a further £1.75 billion promised in investment in infrastructure and players.
Bidders are expected to hear from United next week, with another round of bidding still in play.
If one bid is vastly ahead of the others, it could be chosen to enter into a period of exclusivity, which would allow further negotiation ahead of a final sale.

Ratcliffe visited Old Trafford last Friday along with INEOS representatives, a day after a delegation from Sheikh Jassim’s group toured the club’s stadium and training ground to hold more talks as part of their due diligence.
Just months after hosting the 2022 World Cup, a successful Qatari bid would give the Gulf state pride of place in the Premier League — the world’s most-watched domestic competition.
But it would also be controversial.
Sheikh Jassim is the son of former Qatari prime minister Sheikh Hamad bin Jassim bin Jaber Al Thani, and his close links to the gulf state’s ruling elite would raise questions over another Premier League club becoming a state-backed project.
Premier League champions Manchester City’s fortunes have been transformed since a takeover from Sheikh Mansour, a member of Abu Dhabi’s ruling family in 2008.
In 2021, the Saudi sovereign wealth fund bought a controlling stake in Newcastle.
Amnesty International has called on the Premier League to tighten ownership rules to ensure they are “not an opportunity for more sportswashing.”
United, three-time European champions, haven’t won the Premier League since legendary boss Alex Ferguson led them to a 20th English title in his final season before retiring in 2013.
But they are enjoying a renaissance under Erik ten Hag’s management this season and ended a six-year trophy drought by lifting the League Cup last month.
 


Kvaratskhelia named Serie A player of the year after helping Napoli to title

Kvaratskhelia named Serie A player of the year after helping Napoli to title
Updated 03 June 2023

Kvaratskhelia named Serie A player of the year after helping Napoli to title

Kvaratskhelia named Serie A player of the year after helping Napoli to title
  • Kvaratskhelia was a relative unknown when he joined Napoli in the offseason from Georgian team Dinamo Batumi for a reported fee of €10 million ($10.7 million)
  • The 22-year-old forward earned the nickname “Kvaradona” in homage to Napoli hero Diego Maradona, who led the team to their only two previous league titles

NAPLES, Italy: Napoli winger Khvicha Kvaratskhelia was named Serie A player of the year on Friday and will be presented with his trophy on a bumper day of celebration for the southern team.

Kvaratskhelia will receive the award before Napoli kick off their final match of the season on Sunday, at home to Sampdoria. Luciano Spalletti will also be presented with the coach of the year prize.

That will just be the start of the trophy presentations, as Napoli will finally get their hands on the Serie A trophy after the match. The team clinched it with five rounds to spare.

Kvaratskhelia was a relative unknown when he joined Napoli in the offseason from Georgian team Dinamo Batumi for a reported fee of €10 million ($10.7 million).

But the 22-year-old forward was fundamental in Napoli earning their first Serie A title in 33 years. So much so that he earned the nickname “Kvaradona” in homage to Napoli hero Diego Maradona, who led the team to their only two previous league titles.

“Khvicha Kvaratskhelia`s impact on the league has been impressive,” Serie A CEO Luigi De Siervo said. “Congratulations to Napoli for having brought to Italy this talent, who from the very first matches showed off his repertoire of technique, dribbling, personality and creativity.

“With 12 goals and 10 assists, Kvaratskhelia was one of the leading players for the Azzurri, who won the Scudetto and made many fans and lovers of beautiful football dream.”

 


No alternative to Bayern sackings, says ex-president Hoeness

No alternative to Bayern sackings, says ex-president Hoeness
Updated 02 June 2023

No alternative to Bayern sackings, says ex-president Hoeness

No alternative to Bayern sackings, says ex-president Hoeness
  • "The overall development was simply too unsatisfactory" Hoeness told newspaper Sueddeutsche Zeitung
  • Hoeness revealed "nobody" at the club was consulted about the decision to fire coach Julian Nagelsmann in March

BERLIN: Former Bayern Munich president Uli Hoeness said in an interview published on Friday the club had no alternative but firing chief executive Oliver Kahn and sporting director Hasan Salihamidzic.
Hoeness explained the club needed to take action, with news of the sacking becoming known just moments after Bayern won their 11th straight Bundesliga title.
“The overall development was simply too unsatisfactory” Hoeness told newspaper Sueddeutsche Zeitung, referring to the club’s poor second half of the season.
Nine points ahead of Borussia Dortmund at Christmas, Bayern entered the final round of the season two points behind.
Their 2-1 win over Cologne in the last match of the campaign, along with Dortmund’s 2-2 draw against Mainz, meant they won the title on goal difference.
Bayern sacked Kahn and Salihamidzic on Thursday, but did not tell the players or make the news public until moments after the full-time whistle.
Captain Thomas Mueller found out in a post-match interview, after putting on a t-shirt commemorating the win.
Hoeness, who played for Bayern before running the club in various capacities for decades, revealed “nobody” at the club was consulted about the decision to fire coach Julian Nagelsmann in March.
“Even Herbert Hainer (Bayern president) was informed far too late... and something like that simply doesn’t work.”
While saying that Salihamidzic “remained a good sporting director,” Hoeness said former goalkeeper Kahn had not done enough work in the sporting department.
“Oliver had defined his role for himself in such a way that he largely stayed out of sports. Yet sport is the main task.
“Our product is football” the 71-year-old added.


Inter’s Gosens returns, Gnabry dropped from Germany squad for upcoming friendlies

Inter’s Gosens returns, Gnabry dropped from Germany squad for upcoming friendlies
Updated 02 June 2023

Inter’s Gosens returns, Gnabry dropped from Germany squad for upcoming friendlies

Inter’s Gosens returns, Gnabry dropped from Germany squad for upcoming friendlies
  • Flick returns to a more conventional squad after experimenting with new players for Germany's last round of friendlies in March
  • The 26-man squad named Friday contain no new call-ups, though AC Milan defender Malick Thiaw is uncapped despite having been in the March squad

FRANKFURT, Germany: Inter Milan midfielder Robin Gosens is set to return to the Germany team for the first time in nearly a year, while Bayern Munich forward Serge Gnabry was left out as coach Hansi Flick announced his squad for upcoming friendly games Friday.
Flick returns to a more conventional squad after experimenting with new players for Germany’s last round of friendlies in March following a group-stage exit at the 2022 World Cup. Those experiments brought mixed results with a 2-0 win over Peru and a 3-2 loss to Belgium.
The 26-man squad named Friday contain no new call-ups, though AC Milan defender Malick Thiaw is uncapped despite having been in the March squad. Eight players return after not being selected in March, including Manchester City midfielder Ilkay Gündogan, who missed Germany’s last friendlies after becoming a father, Bayern forward Leroy Sané and Real Madrid defender Antonio Rüdiger.
Gosens is back for the first time in nine months after his role in helping Inter to the Champions League final, albeit mostly as a substitute. He was listed as a defender in Friday’s announcement, reflecting his usual role for Germany as a left-back, not the midfield role he typically plays for Inter.
Gosens has 14 appearances for Germany and started all four games at the European Championship in 2021, making waves with a goal and two assists in a 4-2 win over Portugal, but has played only once since September of that year.
Gnabry misses out despite a late-season burst of form which saw him score five goals and assist one more in Bayern’s final five games, helping his team to overtake Borussia Dortmund for the Bundesliga title. Others from the March squad who have been dropped include Eintracht Frankfurt’s attacking midfielder Mario Götze and Wolfsburg forward Felix Nmecha. Bayern’s Thomas Müller remains out of the squad and hasn’t been selected since the World Cup.
As the host nation for next year’s European Championship, Germany do not have to play qualifying games. They host Ukraine on June 12 in what the German soccer confederation considers to be the team’s 1,000th game. That will be followed by matches at Poland on June 16 and home against Colombia on June 20.

Germany:
Goalkeepers: Bernd Leno (Fulham), Marc-André ter Stegen (Barcelona), Kevin Trapp (Eintracht Frankfurt).
Defenders: Matthias Ginter (Freiburg), Robin Gosens (Inter Milan), Benjamin Henrichs (Leipzig), Thilo Kehrer (West Ham), Lukas Klostermann (Leipzig), David Raum (Leipzig), Antonio Rüdiger (Real Madrid), Nico Schlotterbeck (Borussia Dortmund), Malick Thiaw (AC Milan), Marius Wolf (Borussia Dortmund).
Midfielders: Julian Brandt (Borussia Dortmund), Emre Can (Borussia Dortmund), Leon Goretzka (Bayern Munich), Ilkay Gündogan (Manchester City), Jonas Hofmann (Borussia Moenchengladbach), Joshua Kimmich (Bayern Munich), Jamal Musiala (Bayern Munich), Florian Wirtz (Bayer Leverkusen).
Forwards: Niclas Füllkrug (Werder Bremen), Kai Havertz (Chelsea), Leroy Sané (Bayern Munich), Kevin Schade (Brentford), Timo Werner (Leipzig).


Jose Mourinho charged by UEFA for verbally abusing referee at Europa League final

Jose Mourinho charged by UEFA for verbally abusing referee at Europa League final
Updated 02 June 2023

Jose Mourinho charged by UEFA for verbally abusing referee at Europa League final

Jose Mourinho charged by UEFA for verbally abusing referee at Europa League final
  • UEFA said the Roma coach is charged for “insulting / abusive language against a match official” after Sevilla’s victory in Budapest this week
  • Footage circulated Thursday of Mourinho approaching referee Anthony Taylor in the garage and calling him a “disgrace” with an expletive

NYON, Switzerland: Jose Mourinho was charged by UEFA on Friday after being filmed aggressively cursing at the English match referee in a stadium garage after the Europa League final.
UEFA said the Roma coach is charged for “insulting / abusive language against a match official” after Sevilla’s victory in Budapest this week.
It was one of a slew of disciplinary charges UEFA opened into incidents at a testy, bad-tempered game that lasted more than three hours on Wednesday.
Footage circulated Thursday of Mourinho approaching referee Anthony Taylor in the garage and calling him a “disgrace” with an expletive.
Later Thursday, Taylor and his family were harassed and verbally abused by Roma fans at the airport in Budapest.
Roma lost to Sevilla in a penalty shootout after a 1-1 draw that saw players and officials clash on the field and in the technical area.
UEFA charged both teams with improper conduct – typically activated for at least five yellow cards shown – and Roma was charged over crowd disturbances and acts of damage.
Sevilla was also charged because dozens of its fans invaded the field after the match.
UEFA gave no timetable for its disciplinary panel to judge the cases.


Ronaldo and Al-Nassr to take on PSG during summer friendly in Japan

Ronaldo and Al-Nassr to take on PSG during summer friendly in Japan
Updated 02 June 2023

Ronaldo and Al-Nassr to take on PSG during summer friendly in Japan

Ronaldo and Al-Nassr to take on PSG during summer friendly in Japan
  • The clash between Al-Nassr, who finished second in the Roshn Saudi League, and PSG will be held in Osaka on July 25
  • Messi was not among the players PSG used to illustrate the tour announcement on their website

JAPAN: Cristiano Ronaldo and Saudi Arabia’s Al-Nassr will take on Paris Saint-Germain during their summer friendlies in Japan.
The clash between Al-Nassr, who finished second in the Roshn Saudi League, and PSG will be held in Osaka on July 25.
However, there will be no head-to-head between Ronaldo and old rival Lionel Messi, with the Argentine set to leave PSG.
Messi was not among the players PSG used to illustrate the tour announcement on their website.
Last summer PSG traveled to Japan to play three local clubs and were greeted by sell-out crowds, even for their training sessions.
They round off their Japan visit against Inter, who play Manchester City in the Champions League final, at Tokyo’s National Stadium on August 1.
PSG clinched a record 11th French title last week as Messi scored in a 1-1 away draw at Strasbourg.
PSG are scheduled to play J-League club Cerezo Osaka on July 28.
City, Bayern Munich and Celtic have also announced tours to Japan this summer.
(With inputs from AFP)