News
Two parties are in contention to buy Manchester United
![](https://cnav.news/wp-content/uploads/2023/02/Man-United-squad-list.jpg)
Sky News have reported that Sir Jim Ratcliffe’s firm INEOS has made a formal bid to buy Manchester United.
This follows the recent confirmation by the chairman of Qatar Islamic Bank (QIB) that he had also submitted a bid to buy the club.
Sheikh Jassim Bin Hamad Al Thani, who is overseeing the Qatari bid “confirmed a submission for a bid for 100% of Manchester United Football Club”.
Manchester United are currently owned by The Glazer Family, who also own The Tampa Bucaneers. The Glazer Family put the club up for sale recently after owning the club for 17 years.
A source described Sir Jim’s bid as a “British bid to make the club a beacon for a modern, progressive, fan-centred approach to ownership.”
Ratcliffe, who is one of Britain’s richest people, is a lifelong Manchester United fan and has made no secret of his interest in owning the club.
Ratcliffe also owns cycling team Ineos Grenadiers, Ligue 1 side Nice, and FC Lausanne-Sport, who are a Swiss Super League club.
The Glazer family set a “soft” deadline of Friday at 10pm for any bids.
Forbes reported that Manchester United’s share price climbed by 10% following news of the bids.
Terry A. Hurlbut has been a student of politics, philosophy, and science for more than 35 years. He is a graduate of Yale College and has served as a physician-level laboratory administrator in a 250-bed community hospital. He also is a serious student of the Bible, is conversant in its two primary original languages, and has followed the creation-science movement closely since 1993.
-
Executive4 days ago
Secret Service chief gets no solace
-
Executive3 days ago
Waste of the Day: Louisville Taxpayers Pay Nearly $600,000 For Empty Building’s Maintenance, Security
-
Guest Columns5 days ago
Fear Itself: Democrats’ Favorite Strategy Caused Their Current Chaos
-
Executive3 days ago
Where is Joe Biden – or Jill?
-
Executive2 days ago
Waste of the Day: Throwback Thursday: Cities Used Crime Prevention Funds on Soccer Games, Paper Shredding
-
Executive2 days ago
Facile and politically motivated suggestions
-
Civilization5 days ago
Build Iron Dome in the United States To Prepare for Israel’s Worst Day
-
Executive2 days ago
Biden makes farewell whisper