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☆ Man United nears sale of 25% stake to Jim Ratcliffe for $33 a share -Sky News
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +4 min

The Glazer family announced last November that they were exploring "strategic alternatives" for the club, including a possible sale and were open to fresh investment. Manchester United's U.S.-listed shares rose 9.5% to $20.10 in early trading on Friday. Manchester United generates more revenue and has a larger fan base than its London rival. The Glazer family has faced intense criticism from fans over its handling of this key part of the club's operations. The six descendants of American businessman Malcolm Glazer, who died in 2014, currently control 96% of Manchester United's voting stock.

Persons: Glazer, Jim Ratcliffe, Ratcliffe, Sir Alex Ferguson, Richard Arnold, Roman Abramovich, Todd Boehly, Phil Noble, Malcolm Glazer, Ineos, Eva Mathews, Matt Scuffham, Arun Koyyur, Susan Fenton Organizations: Manchester, soccer, Sky News, Old, Manchester United, Premier League soccer, Chelsea, U.S, Clearlake, REUTERS, Reuters, Tampa Bay Buccaneers, Forbes, Ligue, Nice, Swiss Super League, FC Lausanne, Racing Club Abidjan, Ivory Coast Ligue, Grenadiers, Thomson Locations: Old Trafford, Manchester United's U.S, London, Manchester, Britain, Ineos, British, Bengaluru

☆ Ratcliffe to invest extra $300 mln on top of 25% stake in Manchester United -source
▼ + stars: | 2023-11-03 | by ( Anirban Sen | Thomson Reuters | Anirban Sen Is The Editor In Charge For U.S. M A At Reuters In New York | ) www.reuters.com time to read: +2 min

Shares in United rose 4% to $18.85 on the news, which was first reported by Sky News. Manchester United declined to respond to a Reuters request for comment. Ratcliffe founded Ineos in 1998 and is the chemical group's chairman and chief executive officer, with a two-thirds stake. Record 20-time English champions, United have more than 650 million fans worldwide, according to market research firm Kantar. ($1 = 0.8110 pound)Reporting by Prerna Bedi in Bengaluru; Editing by Shinjini Ganguli, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Persons: Jim Ratcliffe, Ratcliffe, Glazer, Qatar's Sheikh Jassim bin Hamad al, Ineos, Erik ten Hag, Prerna Bedi, Shinjini Ganguli, Kirsten Donovan Organizations: Premier, Sky News, Manchester United, Reuters, Forbes, Ligue, Nice, Swiss Super League, FC Lausanne, Racing Club Abidjan, Ivory Coast Ligue, Grenadiers, United, League, Premier League, Manchester City, Thomson Locations: Manchester, United, Qatar's Sheikh Jassim bin Hamad al Thani, Ineos, British, Bengaluru

About five teams around Europe including Ineos Grenadiers are involved in the early-stage talks and more could join, the people said. Tour de France champion Jonas Vingegaard’s Jumbo-Visma team is also involved in the talks, one of them said. Amaury Sports Organisation (ASO) controls the Tour de France and La Vuelta while the Giro d'Italia is controlled by RCS Sports. This is not the first time cycling teams have explored a new cycling league project. Eight teams founded a league project called World Series Cycling (WSC) at the end of 2012 but the plans failed to materialise.

Persons: Jonas Vingegaard’s Jumbo, Spokespeople, EY, Amy, Jo Crowley, Anousha Sakoui, Julien Pretot, Andres Gonzalez, Elisa Martinuzzi, Hugh Lawson Organizations: Reuters, Ineos Grenadiers, de France, Partners, Formula, Tour de France, La Vuelta, Amaury Sports Organisation, La, RCS Sports, Thomson Locations: Europe

☆ Exclusive: Ratcliffe would pay more than $1.5 bln for 25% Manchester United stake-source
▼ + stars: | 2023-10-15 | by ( Anirban Sen | Thomson Reuters | Anirban Sen Is The Editor In Charge For U.S. M A At Reuters In New York | ) www.reuters.com time to read: +3 min

That is slightly higher than a rival offer from Qatar's Sheikh Jassim bin Hamad al Thani for $100% of the Premier League club. Manchester United is currently valued by the stock market at $3.3 billion. Sheikh Jassim informed the Glazer family in the last few days that he would not be raising his bid further. Ratcliffe has offered to be in charge of hiring and managing talent at Manchester United should his bid prevail, the source said. Manchester United and Ratcliffe did not immediately respond to a request for comment.

Persons: Jim Ratcliffe, Glazer, Qatar's Sheikh Jassim bin Hamad al, Sheikh Jassim, Ratcliffe, Malcolm Glazer, Ineos, Todd Boehly, Erik ten Hag, Anirban Sen, Greg Roumeliotis, Sandra Maler, Diane Craft Organizations: Manchester United Plc, Manchester United, Premier League, Tampa Bay Buccaneers, Forbes, Ligue, Nice, Swiss Super League, FC Lausanne, Racing Club Abidjan, Ivory Coast Ligue, Grenadiers, Chelsea Football Club, Clearlake, Manchester, League, Manchester City, Thomson Locations: Qatar's, Qatar's Sheikh Jassim bin Hamad al Thani, Manchester, Ineos, British, New York

☆ American Kuss crowned Vuelta champion, Groves wins in Madrid
▼ + stars: | 2023-09-17 | by ( ) www.reuters.com time to read: +4 min

The 29-year-old ended 17 seconds ahead of Denmark's Tour de France winner Vingegaard with Slovenia's Giro d'Italia winner Roglic one minute and eight seconds behind in third place. There was a celebratory mood amongst the Dutch team on the 101km 21st stage that concluded on a street circuit around the landmarks of Madrid. But the battle for the stage victory was a high-octane thriller as a small lead group featuring Groves and Remco Evenepoel was caught by the peloton in the final 500m. While Kuss celebrated the overall victory, Groves secured the green jersey for the points category -- the first Australian to achieve that in the Vuelta. When Kuss took the red jersey from Lenny Martinez (Groupama-FDJ) on stage eight, most thought he was just keeping it warm for either Vingegaard or Roglic.

Persons: Jumbo –, Sepp Kuss, Jumbo – Visma's Jonas Vingegaard, Australian Kaden Groves, Kuss, Jonas Vingegaard, Chris Horner's, Vingegaard, Groves, Remco Evenepoel, Filippo Ganna, Germany's Nico Denz, Lenny Martinez, Marc Reef, Sepp, Martyn Herman, Toby Davis, Hugh Lawson Organizations: Espana, Australian, de, Ineos, Giro, de France, Eurosport, Thomson Locations: Madrid, Spain, MADRID, Espana, Bora, Australian, Evenepoel

☆ Dainese escapes final km crash to win Vuelta stage 19, Kuss retains lead
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +2 min

Sept 15 (Reuters) - Alberto Dainese of Team DSM-Firmenich narrowly avoided a massive crash in the final kilometre to sprint to victory in stage 19 of the Vuelta a Espana on Friday while American Sepp Kuss of Jumbo-Visma finished safely in the peloton to retain the overall lead. Filippo Ganna was in the ideal position at the front and opened up the final sprint but Dainese timed his sprint to perfection to edge out his fellow Italian by milliseconds. Dainese said the victory was special as he is leaving the team for Tudor Pro Cycling next term. "Today I felt a lot of pressure because I knew it was the last opportunity for a sprint. Kuss, two stages away from winning his first Grand Tour, was all smiles as he retained the red jersey.

Persons: Alberto Dainese, Sepp Kuss, Visma, Kaden Groves, Filippo Ganna, Dainese, Jumbo, Dane Jonas Vingegaard, Kuss, Rohith Nair, Ken Ferris Organizations: DSM, Firmenich, Ineos Grenadiers, Bahrain Victorious, Tudor Pro Cycling, Thomson Locations: Movistar, Bahrain, Bengaluru

☆ Frenchman Soupe surprise winner of Vuelta stage seven
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

Sept 1 (Reuters) - Geoffrey Soupe came out on top in the predicted sprint finish to win a crash-ridden stage seven of the Vuelta a Espana on Friday. "I didn't think it was possible to win a stage because it's really, really, really fast in the sprint," Soupe said. "Yet today it's really nervous in the final (sprint), we have a lot of roundabouts, a lot of wind also. Groves, winner of stages four and five, managed to win the intermediate sprint to maintain his grip on the Green jersey. An earlier crash saw Geraint Thomas and Kim Heiduk of Ineos Grenadiers involved, with the Welshman needing treatment before returning to the bunch.

Persons: Geoffrey Soupe, Aular, Edward Theuns, Kaden Groves, it's, Soupe, Sepp Kuss, Thymen Arensman, Oliva, Ander Okamika, Jose Herrada, Herrada, Okamika, Groves, Frenchman Lenny Martinez, Marc Soler, Geraint Thomas, Kim Heiduk, Trevor Stynes, Ken Ferris Organizations: Ineos Grenadiers, Thomson Locations: Utiel, Burgos, Denia, Xorret

☆ Ineos Grenadiers rider De Plus out of Vuelta after TT crash
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +1 min

Aug 27 (Reuters) - Ineos Grenadiers rider Laurens de Plus failed to start the second stage of the Vuelta a Espana on Sunday after sustaining an injury in a rain-hit team time trial. De Plus crashed during the opening stage in Barcelona on Saturday and scans revealed he had suffered a fractured hip. "He underwent a range of imaging on an injury sustained to his right hip, which showed a non-displaced fracture," Ineos Grenadiers said in a statement. "A treatment plan for Laurens is currently being finalised and we look forward to him making a full and speedy recovery." The absence of Belgian De Plus is a blow to Ineos Grenadiers general classification contender Geraint Thomas as he would have been a domestique in the many mountain stages to come.

Persons: Laurens de, Ineos, Laurens, Geraint Thomas, Jumbo Visma, Jonas Vingegaard, Primoz, Martyn Herman, Ed Osmond Organizations: Ineos Grenadiers, Belgian, Thomson Locations: Barcelona

☆ Ganna beats tech guru Bigham to pursuit gold
▼ + stars: | 2023-08-06 | by ( Martyn Herman | ) www.reuters.com time to read: +3 min

For Ineos Grenadiers road powerhouse Ganna, twice the road time trial world champion, it was consolation after Olympic champions Italy lost in the final of the team pursuit to Denmark on Saturday. "Thanks to Dan for an amazing battle in this velodrome," the 27-year-old Ganna said after claiming his seventh track world title, six of them coming in the 4km individual pursuit. Aerodynamics guru Bigham was part of Britain's gold medal-winning team pursuit squad at last year's track worlds and is eyeing next year's Olympics in Paris. He worked with the Denmark team pursuit squad that won the 2020 world title in Berlin in a then world record time. The pair shared a warm embrace after the race with Bigham saying they had a 'mutual respect' for each other's skills.

Persons: Daniel Bigham, Filippo Ganna, Ganna, Dan, Bigham, Belgium's Victor Campenaerts, Ineos, Filippo, I'm, it's, I've, Lotte Kopecky, Belgium's, France's Valentine Fortin, Jennifer Valente, Iuri Leitao, Benjamin Thomas, Martyn Herman, Clare Fallon, Pritha Organizations: GLASGOW, Ineos Grenadiers, Olympic, Italy, Thomson Locations: Ganna, Denmark, Paris, Swiss, Berlin, Grenchen, Andorra, United States, American, Portugal

☆ Archibald leads British hopes as unique worlds begin on track
▼ + stars: | 2023-08-01 | by ( Martyn Herman | ) www.reuters.com time to read: +4 min

Aug 1 (Reuters) - The first edition of the combined UCI Cycling World Championships begins in Glasgow on Thursday with 11 days of high-octane action across virtually every discipline. Archibald, whose first ventures in track cycling were at the Glasgow velodrome, will be part of a British track team looking to flex their muscles ahead of the Paris Olympics. Britain were only fifth in the medals table at last year's track world championships in Paris with three golds -- the men's team pursuit, men's omnium and women's points race. Track world championships ahead of an Olympic Games can be cagey meetings, with the big nations sometimes reluctant to play their hands -- although the British team will be airing their cutting-edge Hope-Lotus track bike. Other events at the world championships include indoor cycling and a full para road and track programme.

Persons: Chris Hoy, Katie Archibald, Rab Wardell, Rab, Archibald, men's, Harrie Lavreysen, Filippo Ganna, Jonas Vingegaard, Remco Evenepoel, Wout van Aert, Jasper Philipsen, Tadej Pogacar, Mads Pedersen, Mathieu van der, Demi Vollering, van Vleuten, Lotte Kopecky, Lizzie Deignan, Beth Shriever, Charlotte Worthington, Tom Pidcock, Martyn Herman, Christian Radnedge Organizations: UCI, Glasgow, BBC, Paris, Olympic, Tour de France, de, Belgian, Femmes, Grenadiers, Tokyo, Thomson Locations: Glasgow, Scottish, omnium, madison, British, Britain, Paris, Italy, Sunday's, Edinburgh, Tokyo

☆ Tour de France: Huge crash on stage 15
▼ + stars: | 2023-07-16 | by ( Aimee Lewis | ) edition.cnn.com time to read: +2 min

CNN —Crashes in the Tour de France are commonplace, but a pile-up during Sunday’s Stage 15 was particularly eye-catching as a number of riders fell after a fan apparently tried to take a picture. Eurosport commentary during live coverage of the race said a spectator had caused a rider to be put off balance. The Team Jumbo-Visma rider fell, causing others to follow on a narrow section of a road. You don’t need a phone to create mind-blowing memories.”Around 20 riders fell off their bikes. In 2021, a fan stepped in front of the racing pack holding a cardboard sign, causing dozens of cyclists to crash during the Tour.

Persons: Les, Soleil, Gervais, ”, Dan Lloyd, …, Carlton Kirby, Sepp Kuss, Nathan van Hooydonck, Benoit Tessier, Confidis Organizations: CNN, Tour de France, Sunday’s, Blanc, Eurosport, Jumbo, BBC, Team, INEOS Grenadiers Locations: Saint, cycling’s

☆ Mix of calm and concern as cycling's Tour heads into riot-hit France
▼ + stars: | 2023-07-02 | by ( Julien Pretot | ) www.reuters.com time to read: +3 min

After a start in Bilbao, Spain, the Tour heads to France on Monday with visits to Bayonne, Dax, Pau and Bordeaux during the week. Foreign team members have confessed not knowing much about the situation in France, arguing they are in a 'bubble' on the Tour de France. Tour de France organisers say they are ready to adjust to any situation. "I don't really have any comment on it, that's one for the authorities who are working very hard," Rod Ellingworth, the racing director of the Ineos-Grenadiers team, told Reuters. "The organisers did not even mention it at the team meeting (before the start of the race).

Persons: Prudhomme, Rod Ellingworth, Philippe Mauduit, Adrien Petit, Julien Pretot, Christian Radnedge Organizations: SEBASTIAN, Tour de, Tour de France, de France, State, Grenadiers, Reuters, Citroen, Thomson Locations: Spain, Bilbao, France, Bayonne, Dax, Pau, Bordeaux, North

☆ Cyclist Gino Mäder has died after Tour de Suisse crash, his team says
▼ + stars: | 2023-06-16 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —Swiss cyclist Gino Mäder has died aged 26 following a crash on the fifth stage of the Tour de Suisse, his Bahrain Victorious team announced on Friday. Almost 200 kilometers into the race, Mäder crashed at high speed with American rider Magnus Sheffield, race organizers said in a statement on Thursday. “On Friday 16th June, following a very serious crash during stage 5 of the Tour de Suisse, Gino lost his battle to recover from the severe injuries he sustained,” Bahrain Victorious said in a statement. Mäder, who has been riding for Bahrain Victorious since 2021, previously won stages of the Giro d’Italia and the Tour de Suisse. “We are devastated by the loss of our exceptional cyclist, Gino Mäder,” said Milan Erzen, managing director of Bahrain Victorious.

Persons: Gino Mäder, Mäder, Magnus Sheffield, “, Gino, ” Bahrain Victorious, ” Mäder, ”, Milan Erzen Organizations: CNN, Tour de Suisse, Bahrain Victorious, ”, de Suisse, UCI, Ineos Grenadiers, Sheffield Locations: Swiss, La Punt, ” Bahrain, Chur, Bahrain, “ Bahrain, Sheffield

☆ Mader dies after ravine crash on Tour de Suisse
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +2 min

June 16 (Reuters) - Swiss rider Gino Mader has died after crashing into a ravine on the descent towards the finish line in Thursday's stage five of the Tour de Suisse, his team Bahrain Victorious said on Friday. Mader, 26, crashed on the descent towards La Punt and fell into a ravine where he was found unresponsive by the race doctor and resuscitated before being air-lifted to hospital. In a Bahrain Victorious statement, team managing director Milan Erzen said: "We are devastated by the loss of our exceptional cyclist, Gino Mader. Mader joined the Bahrain Victorious team in 2021 and won a stage of the Giro d'Italia that year. Stage five of the Tour de Suisse had raised some eyebrows in the peloton because of its fast descent near the finish.

Persons: Gino Mader, Bahrain Victorious, Gino couldn't, Mader, Magnus Sheffield, Milan Erzen, Erzen, Gino, Remco Evenepoel, Martyn Herman, Rohith Nair, Toby Davis Organizations: Tour de Suisse, Bahrain, La, Ineos Grenadiers, Bahrain Victorious, CPA, Twitter, Thomson Locations: Swiss, Chur, La Punt, Bahrain, Espana, London, Bengaluru

☆ Swiss Mader resuscitated after crashing into ravine
▼ + stars: | 2023-06-15 | by ( ) www.reuters.com time to read: 1 min

June 15 (Reuters) - Swiss rider Gino Mader was resuscitated and transported by helicopter to hospital following a crash during stage five of Tour de Suisse, his team Bahrain Victorious said on Thursday. Mader went off the road on the descent towards the finish line and fell into a ravine before being treated by the race doctor, the team said in a statement. "Gino Mader laid motionless in the water. He was immediately resuscitated and then transported to hospital by air ambulance. Reporting by Anita Kobylinska in Gdansk, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

Persons: Gino Mader, Bahrain Victorious, Mader, Magnus Sheffield, Anita Kobylinska, Ed Osmond Organizations: de Suisse, Bahrain, Ineos Grenadiers, Thomson Locations: Swiss, Gdansk

☆ Latest 'deadline' looms in Man Utd takeover saga
▼ + stars: | 2023-06-09 | by ( Mitch Phillips | ) www.reuters.com time to read: +4 min

LONDON, June 9 (Reuters) - Manchester United fans can be forgiven if they refrain from eagerly checking the news on Friday as the latest "deadline" looms in the meandering seven-month saga of the club's sale that is beginning to resemble the final series of TV's Succession. That comes two months after a "third and final offer" was said to have been tabled. Media reports in the UK suggested that the Glazers are seeking six billion pounds ($7.5 billion), which would be a world record for any sports club or franchise, but that neither bid is that high. Further bids followed, up to the Qatari's earlier this week, which is said to include clearing nearly a billion pounds of club debt and a commitment to a major redevelopment of Old Trafford. Reporting by Mitch Phillips, editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

Persons: Jassim bin Hamad, Briton Jim Ratcliffe, Sheikh Jassim, Glazer, Todd, Ratcliffe, Joel, Avram Glazer, Glazers, Erik ten Hag, United's, Mitch Phillips, Toby Davis Organizations: Manchester United, Daily Mail, Reuters, Guardian, United, Media, Premier League club Chelsea, Washington Commanders NFL, Raine Group, Ineos Grenadiers, Britain's Times, Group, Champions League, Manchester, Inter Milan, Premier League, FA Cup, Thomson Locations: Thani, Briton, Qatar, Old Trafford, Old Trafford . Manchester, France, Switzerland

☆ Thomas feels no pressure in wearing leader's pink jersey
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +1 min

[1/3] Cycling - Giro d'Italia - Stage 9 - Savignano sul Rubicone to Cesena Tudor ITT - Italy - May 14, 2023 INEOS Grenadiers' Geraint Thomas during the individual time trial REUTERS/Jennifer LorenziniMay 16 (Reuters) - Geraint Thomas said he is relishing the opportunity to win the Giro d'Italia and feels no pressure after inheriting the leader's maglia rosa jersey following Remco Evenepoel's withdrawal. Thomas has enjoyed little luck at the Giro but the 36-year-old said he is keen to improve his results. Three years earlier his race came to an end after he damaged his shoulder in a pile-up involving a police motorbike. "It would be amazing to win, especially after 2020 when I thought that was it for my chance to win the Giro," Thomas, who won the 2018 Tour de France, said. "I don't feel much pressure or expectation, but I'd love to take this opportunity.

☆ Evenepoel wins Liege-Bastogne-Liege again while Pogacar crashes out
▼ + stars: | 2023-04-23 | by ( ) www.reuters.com time to read: +3 min

April 23 (Reuters) - Belgian Remco Evenepoel claimed back-to-back wins in the Liege-Bastogne-Liege one-day race on Sunday with a stunning solo ride to victory while Slovenia's pre-race favourite Tadej Pogacar had to abandon the race after fracturing his wrist in a crash. Soudal Quick-Step's Evenepoel first attacked with about 34 km left with Ineos Grenadiers' Tom Pidcock joining him at the front. But Evenepoel attacked again on the next climb to leave the Briton behind with 30 km to go. My back wheel went a bit like it did last year (on a turn)," Evenepoel said. I said I wanted the picture with the jersey to put in my bedroom," Evenepoel added.

☆ Ratcliffe's INEOS confirm bid for Manchester United
▼ + stars: | 2023-02-18 | by ( ) www.reuters.com time to read: +3 min

Feb 18 (Reuters) - Manchester United have received a bid from Jim Ratcliffe's company INEOS for "majority ownership" of the Premier League club, the chemical firm confirmed on Saturday, adding that it would look implement a fan-centred approach. British billionaire Ratcliffe, a life-long United fan and founder of INEOS, has previously openly expressed his interest in buying the Old Trafford club. "We would see our role as the long-term custodians of Manchester United on behalf of the fans and the wider community," INEOS said in a statement. "We are ambitious and highly competitive and would want to invest in Manchester United to make them the number one club in the world once again." "We want a Manchester United anchored in its proud history and roots in the North-West of England, putting the Manchester back into Manchester United and clearly focusing on winning the Champions League," the statement said.

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