Connect with us

Sports

Qatari Sheikh to make another bid for Man Utd as third deadline looms: sources

Published

on

With the deadline fast approaching on Friday for the third round of bidding to buy Manchester United, the Premier League giants’ future seems uncertain.

Reportedly, the Glazers — the current owners of the league — want a world record £6 billion ($7.3 billion) fee — an offer that is yet to be met.

However, despite fans’ concerns that the Glazers could prolong their controversial ownership, Qatari Sheikh Jassim bin Hamad Al-Thani is set to submit yet another bid before the deadline passes at 10pm BST time.

ESPN reported that the Qatar-backed Sheikh remains confident that his bid will be successful.

The Qatari banker and British billionaire Jim Ratcliffe — who is fronting INEOS — are the front runners in the race to buy United.

When they first invited external investment in November, the Glazers — who have been unpopular with fans since they saddled the club with debt in a £790 million leveraged takeover in 2005 — appeared ready to cash out at an enormous profit.

Some private equity firms — including Elliot Investment Management and the Carlyle Group — which are in the market for a minority stake allowing the Glazers to retain control and provide the funding for investment in the club’s infrastructure.

According to reports, while Avram and Joel Glazer want to hold on to their stakes in the league, fellow directors Kevin, Bryan and Edward Glazer and Darcie Glazer Kassewitz are open to offloading their shares.

Offers from the second round of bidding last month were believed to have been worth around £5 billion.

That would smash the Premier League record of £2.5 billion paid for Chelsea last year by a consortium led by Los Angeles Dodgers co-owner Todd Boehly and private equity firm Clearlake Capital, with a further £1.75 billion promised in investment in infrastructure and players.

The Manchester United Supporters’ Trust (MUST) has called for a swift conclusion to the process to allow new owners to be in place for the summer transfer window.

“We are in dire need of new investment, which undoubtedly requires new ownership. MUST, along with United fans all around the world, are calling for this process to be concluded without further delay,” the fans’ group said in a statement.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Azhar Mahmood suggests that Babar Azam should also take a break.

Published

on

By

Azhar Mahmood stated during a Rawalpindi press conference that, depending on the circumstances, any player, including Babar Azam, might be substituted during the five-match series.

“We shall endeavor to choose the top 11 players available for each game, taking the circumstances into consideration, in accordance with policy,” he continued.

The team’s management hasn’t chosen the starting duo yet, according to Azhar Mahmood in response to a query. “Who will open the inning has not been decided upon yet. Saim-Rizwan, Babar-Saim, or even Fakhar Zaman may start the inning as the opening duo, he continued.

With an emphasis on the team’s strong makeup and tactical preparations for their forthcoming home series against New Zealand, the head coach also conveyed his confidence in his team’s ability.

The coach expressed his faith in the team’s makeup, saying that it consists of a mix of skilled batters, quick bowlers, and adaptable all-around players.

Imad Wasim, an all-rounder, and Mohammad Amir, a fast bowler, were among the returning veterans that Azhar Mahmood believed strengthened the team. His statement went like this: “Their return will definitely strengthen our team.”

In response to a query, he described the New Zealand players as potential stars and dismissed the idea that they were a “B Team” that had been sent to face Pakistan.

Their extensive domestic cricket expertise is shown by the date. No side is weak in T20 cricket, and they are their best player. “They’re playing Pakistan; this is the New Zealand team,” Azhar Mahmood continued.

Fast bowler Shaheen Afridi, according to the head coach, is fully fit and eligible for the series beginning on April 18.

Pakistan squad

Babar Azam (c), Mohammad Rizwan (wk), Saim Ayub, Usman Khan, Iftikhar Ahmed, Azam Khan (wk), Imad Wasim, Shadab Khan, Shaheen Afridi, Naseem Shah, Mohammad Amir, Abbas Afridi, Abrar Ahmed, Fakhar Zaman, Irfan Khan Niazi, Usama Mir, Zaman Khan

Reserves: Haseebullah, Mohammad Ali, Agha Salman, Sahibzada Farhan, Mohammad Wasim Jr.

New Zealand squad

Michael Bracewell (c), Mark Chapman, Josh Clarkson, Jacob Duffy, Dean Foxcroft, Ben Lister, Cole McConchie, Jimmy Neesham, Will O’Rourke, Tim Robinson, Ben Sears, Tim Seifert (WK), Ish Sodhi, Tom Blundell, Zak Foulkes.

Pakistan vs New Zealand T20I series schedule

April 18 — 1st T20I, Rawalpindi

April 20 — 2nd T20I, Rawalpindi

April 21 — 3rd T20I, Rawalpindi

April 25 — 4th T20I, Lahore

April 27 — 5th T20I, Lahore

Continue Reading

Latest News

Weather in Rawalpindi: PMD prediction for the Pakistan-New Zealand T20Is

Published

on

By

Rain is expected to have an impact on Pakistan vs. New Zealand’s five-match Twenty20 International series.

According to meteorological projections, the city is likely to have thunderstorms and rain starting tomorrow, and the rain is predicted to continue all week.

The series’ final two games are slated to take place in Lahore.

The Pakistan Meteorological Department (PMD) has forecasted a “rain-windstorm/thunderstorm with an isolated hailstorm” on April 18 throughout a number of Pakistani regions, including upper/southwest Sindh, KP, Gilgit-Baltistan, Kashmir, Islamabad, Punjab, and Balochistan.

On April 20, however, precipitation was predicted by the Met Office for KP, the nation’s capital, Punjab, northeastern Balochistan, Kashmir, and Gilgit-Baltistan.

The New Zealand team has already landed in Islamabad for an intriguing five-match Twenty20 International series against Pakistan, it should be mentioned.

Pakistan vs New Zealand T20I series:

18 April: 1st T20I, Rawalpindi (7pm Pakistan Standard Time)
20 April: 2nd T20I, Rawalpindi (7pm PST)
21 April: 3rd T20I, Rawalpindi (7pm PST)
25 April: 4th T20I, Lahore (7pm PST)
27 April: 5th T20I, Lahore (7pm PST)

Pakistan squad:
Babar Azam (c), Mohammad Rizwan (wk), Saim Ayub, Usman Khan, Iftikhar Ahmed, Azam Khan (wk), Imad Wasim, Shadab Khan, Shaheen Afridi, Naseem Shah, Mohammad Amir, Abbas Afridi, Abrar Ahmed, Fakhar Zaman, Irfan Khan Niazi, Usama Mir, and Zaman Khan
Reserves: Haseebullah, Mohammad Ali, Agha Salman, Sahibzada Farhan, and Mohammad Wasim Jr

New Zealand squad:
Michael Bracewell (c), Tom Blundell, Mark Chapman, Josh Clarkson, Jacob Duffy, Dean Foxcroft, Ben Lister, Cole McConchie, Zak Foulkes, Jimmy Neesham, Will O’Rourke, Tim Robinson, Ben Sears, Tim Seifert (WK), and Ish Sodhi

Continue Reading

Pakistan

PCB acquires a multi-story structure next to Gaddafi Stadium

Published

on

By

The multi-story building is set to undergo renovations and be converted into a seven-star hotel, catering to both local and foreign guests.

With this development, the problem of housing foreign players and visiting teams during the Pakistan Super League (PSL)—who presently have to stay in five-star hotels in the area—will be resolved.

This will also save travel time and get rid of traffic problems while teams are traveling from their hotels to the stadium.

In addition, three significant stadiums, including the Gaddafi Stadium, are being renovated by PCB in preparation for the 2025 ICC Champions Trophy, which will be held in Pakistan.

In an interview with the media during the Pakistan Super League (PSL) 9 final last month, Chairman PCB Mohsin Naqvi acknowledged the necessity of upgrading three main stadiums before moving on to other locations.

“Before the Champions Trophy, our three key venues—Lahore, Karachi, and Rawalpindi—will be refurbished. After these three are completed, we will renovate the remaining venues as well. After they are renovated, our stadiums will be state-of-the-art, according to Chairman PCB.

Later that month, representatives from NESPAK (National Engineering Services of Pakistan) gave the chairman the idea to renovate three significant stadiums.

In addition to highlighting the significance of renovating the hospitality boxes at all three locations, the chairman gave instructions to the officials about his plans to improve the view for the fans from every seat in the stadium, according to a press statement from the PCB.

“The Chairman directed the NESPAK officials to begin stadium work immediately, keeping in mind a tight window of time before hosting the ICC Champions Trophy 2025, as the upgradation plan will be finalized soon.”

Continue Reading

Trending