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☆ Manchester United reaches FA Cup final after ‘the most humiliating victory’ against second-tier Coventry City
▼ + stars: | 2024-04-22 | by ( Ben Church | ) edition.cnn.com time to read: +5 min

But, as they have done throughout this turbulent season, things started to go very wrong for the 12-time FA Cup winner. United subsequently secured victory via a penalty shootout, but the celebrations were muted after Rasmus Højlund scored the decisive spot-kick. But defender Harry Maguire instead turned to the Coventry players and immediately congratulated them on their performance, while many other of United’s stars stayed standing around the center circle. They were 20 seconds from going out.”Manchester United manager Erik ten Hag is facing questions over his future at the club. I’m sure we have a good chance to win this final, although we play the best team in the world.

Persons: Luke Edwards, Manchester United's Harry Maguire, Alastair Grant, United, Rasmus Højlund, Harry Maguire, “, ” Edwards, Erik, Hag, Nick Potts, Erik ten, Roy Keane, ”, Keane, I’m, Jim Ratcliffe, Ochirvaani, Sir Alex Ferguson, ” Batbold, Andy Mitten Organizations: CNN, Manchester United, Coventry City, FA, Premier League, Coventry, Wembley, Reds, Manchester, Chelsea, Liverpool, United, BBC’s Football, Manchester City, ITV, ”, Dreams Locations: Coventry, Mongolia

☆ Dwight Yorke: Manchester United legend says it will be ‘two to three years’ until the club is back at the top
▼ + stars: | 2024-03-02 | by ( Zayn Nabbi | Darren Lewis | ) edition.cnn.com time to read: +5 min

CNN —Manchester United legend Dwight Yorke has welcomed British billionaire Jim Ratcliffe’s investment into the club, saying that the new co-owner can restore the European powerhouse to its glory years. Yorke concedes, however, that for the time being the Red Devils will not be able to compete for the English Premier League title. Yorke would go on to win a further two Premier Leagues with the Red Devils before leaving the club in the summer of 2002. “We really should be in the [Premier League] top four relatively comfortably, and it hasn’t been that easy a ride for us. “I think Alan Shearer is still the current [record] holder in the Premier League and was a real goal machine.

Persons: Dwight Yorke, Jim Ratcliffe’s, Yorke, Darren Lewis, Ratcliffe, “, ” Yorke, Sir, Jim, Alex Ferguson’s, Jim Ratcliffe, Peter Byrne, Erik ten Hag, ”, It’s, he’s, ” United, Erling Haaland, He’s, Clive Rose, Alan Shearer, Harry Kane –, Wayne Rooney, Andy Cole, City’s, Kevin De Bruyne Organizations: CNN, Manchester United, Red Devils, English Premier League, CNN Senior, United, FA, League –, Leagues, Premier League, Manchester City, Etihad, Tottenham, Citizens, ”, Fulham, Nottingham Forest, City, Liverpool, Luton Town, Bournemouth, Getty, League, Blackburn Rovers, Newcastle United, Bayern Munich – Locations: Old Trafford, “, atoning, England, Germany

☆ Manchester United co-owner Jim Ratcliffe shares his sole focus for the soccer club
▼ + stars: | 2024-02-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailManchester United co-owner Jim Ratcliffe shares his sole focus for the soccer clubNew Manchester United co-owner Jim Ratcliffe discusses his sole objective for the English soccer club and says return on investment has nothing do with his decision to invest.

Persons: Jim Ratcliffe Organizations: Manchester United, New Manchester United, soccer

☆ Success, not returns: Manchester United co-owner Jim Ratcliffe on his sole focus for the soccer club
▼ + stars: | 2024-02-23 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Jim Ratcliffe of INEOS meets members of the press ahead of the Premier League match between Manchester United and Tottenham Hotspur at Old Trafford on January 14, 2024 in Manchester, England. New Manchester United co-owner Jim Ratcliffe said on Friday that return on investment had nothing to do with his decision to invest in the English soccer giant. Ratcliffe's comments come shortly after the British petrochemicals billionaire and INEOS chief executive finally completed a deal to buy a minority stake in Manchester United. The Glazer family, which have owned Manchester United since 2005, retain a majority stake under the terms of the agreement. "And also, we have moved into consumer markets, you know certainly automotive is a huge consumer market obviously, and the INEOS name wasn't particularly well known so, through sport, obviously people are getting to know INEOS," Ratcliffe said.

Persons: Jim Ratcliffe, INEOS, Ratcliffe, Glazer, CNBC's Arabile, That's, we've Organizations: Premier League, Manchester United, Tottenham Hotspur, Old, New Manchester United, Ratcliffe's Locations: Old Trafford, Manchester, England, New

☆ A Billionaire Bought a Chunk of Manchester United. Now He Has to Fix It.
▼ + stars: | 2024-02-22 | by ( Tariq Panja | ) www.nytimes.com time to read: +1 min

The process was six months old and already starting to wear on Jim Ratcliffe, the British billionaire, the first time he brought out the Champagne to toast his purchase of Manchester United. Mostly, that was because any potential sale for United offered a tantalizing marriage of money, power and history: Mr. Ratcliffe, the wealthy chairman of INEOS, the petrochemicals giant, had supported Manchester United since he was boy. United, the most decorated club in English soccer, was one of the most iconic brands in global sports. And the Premier League, to which it belonged, was the richest soccer league in the world. United fans, eager to see their club shake off its unpopular owners, the Florida-based Glazer family, devoured it all.

Persons: Jim Ratcliffe, Ratcliffe, Ratcliffe’s, Glazer Organizations: Manchester United, Monaco, Prix, United, INEOS, Premier League Locations: Manchester, Florida

☆ Kobbie Mainoo: Manchester United’s teenage sensation shows the way forward in rollercoaster season
▼ + stars: | 2024-02-02 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

While his teammates celebrated wildly, Mainoo seemed to take it all in his stride as he slid towards the crowd on his knees after scoring his first Premier League goal. “To start playing in the Premier League for my boyhood club has been amazing. Naomi Baker/Getty ImagesEven before his magical goal, Mainoo had been impressing the soccer world this season. In a frantic finale, Scott McTominay reestablished United’s two-goal lead before Max Kilman pulled another goal back for Wolves. Manchester United now sits seventh in the Premier League as it bids to chase down a top-four finish, which would ensure qualifiation for next season’s Champions League.

Persons: Kobbie Mainoo, Mainoo, “ I’ve, ” Mainoo, “, Naomi Baker, Erik ten Hag, Jim Ratcliffe, Ratcliffe, Marcus Rashford, Rasmus Højlund, Pablo Sarabia, Scott McTominay, United’s, Max Kilman, Pedro Neto Organizations: CNN, Manchester United, Wolverhampton Wanderers, Wolves, Premier League, TNT Sports, FA, Newport County, season’s, League Locations: United

☆ Casemiro: Manchester United star backs under pressure manager Erik ten Hag to ‘grow’ beleaguered club
▼ + stars: | 2024-01-29 | by ( Amanda Davies | Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —Manchester United star midfielder Casemiro believes manager Erik ten Hag can still “grow” the English club, despite enduring a turbulent season so far. “Of course, Manchester United always needs more and more and always needs to be winning but we showed last season that we are capable of achieving great things.”Casemiro joined Manchester United in August 2022. “I’m very happy at Manchester United,” he said. “With his experience he’ll return Manchester United to the highest possible level. “It was always my challenge to help my teammates and Manchester United keep growing and of course, as we all want, return the club to being the best in the world,” he added.

Persons: Casemiro, Erik ten Hag, “ I’m, CNN’s Amanda Davies, ”, Alex Ferguson’s, “, ” Casemiro, Ash Donelon, I’ve, Jim Ratcliffe, “ He’s, it’s Organizations: CNN, Manchester United, United, Premier League, Champions League, Brazil, Real Madrid, Manchester City Locations: Brazil, Dubai, “, Manchester, Opta, United, Real, Liverpool

United’s goals, scored by Rasmus Hojlund and Marcus Rashford, were things of beauty at the start and end of the first half. Ratcliffe, the owner of petrochemicals giant INEOS, agreed last month to buy a minority stake in United and will take charge of United’s soccer operations. The deal requires Premier League approval, which Ratcliffe said Sunday he expects to come next month. “I have done a few exciting things," the British billionaire told media before kickoff, "but this caps it all. MISSED OPPORTUNITYAston Villa's players headed to Everton seeking a win to move level on points with league leader Liverpool, the team from just across Stanley Park.

Persons: Alex Ferguson, Jim Ratcliffe, Rasmus Hojlund, Marcus Rashford, —, Rodrigo Bentancur, Andre Onana, James Maddison, Son Heung, Yves Bissouma, Ratcliffe, “, ”, Ange Postecoglou, Timo Werner, Bentancur, Aston, Alex Moreno, Emiliano Martinez, Everton, ___ Steve Douglas Organizations: Manchester United, Tottenham, Premier League, United, England’s Champions, Spurs, Europe’s, ” Tottenham, Everton, Liverpool, Goodison, Villa, Manchester City Locations: Old Trafford, United, Germany, Stanley, Manchester, Villa

☆ Manchester United sells 25% of EPL club to UK billionaire Jim Ratcliffe
▼ + stars: | 2023-12-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailManchester United sells 25% of EPL club to UK billionaire Jim RatcliffeCNBC's Sara Eisen and Scott Wapner discuss the news reports of soccer club Manchester United selling 25% of its stake to UK billionaire Jim Ratcliffe.

Persons: Jim Ratcliffe CNBC's Sara Eisen, Scott Wapner, Jim Ratcliffe Organizations: Manchester United

☆ Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report
▼ + stars: | 2023-12-04 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

A statue of George Best, Denis Law and Bobby Charlton standing outside Old Trafford, home of Manchester United in Manchester, England. LONDON — Manchester United will next week announce that British petrochemicals billionaire Jim Ratcliffe will take a 25% stake in the soccer club, Sky News reported Monday. He will also acquire 25% of current majority owners the Glazer family's B-shares which carry greater voting rights, according to the report. Manchester United shares were up 1.5% in morning trading Monday. Both Ineos and Manchester United have been contacted for comment.

Persons: George Best, Denis Law, Bobby Charlton, Jim Ratcliffe, Ratcliffe, Glazer Organizations: Manchester United, LONDON, Sky News, Ineos Locations: Old Trafford, Manchester, England

☆ 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

☆ Man United nears $33 per share stake deal with Ratcliffe - Sky News
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +2 min

The offer represents a premium of 79.1% to the stock's Thursday closing price of $18.43, which gave the Old Trafford club a market capitalization of about $3 billion. Ratcliffe, also the chair of petrochemicals firm Ineos, would pay more than $1.5 billion for a 25% stake in United if his bid for the soccer club is accepted, Reuters reported in October. The Glazer family, which made its fortune in real estate, retail and healthcare and owns the NFL's Tampa Bay Buccaneers, bought the team for 790 million pounds in 2005. The six descendants of American businessman Malcolm Glazer, who died in 2014, together control 96% of Manchester United's voting stock. The deal was yet to be finalised and remained the subject of ongoing negotiations, Sky News reported on Friday.

Persons: Jim Ratcliffe, Phil Noble, Glazer, Ratcliffe, Malcolm Glazer, Richard Arnold, Patrick Stewart, Eva Mathews, Arun Koyyur Organizations: REUTERS, Manchester, soccer, Sky News, Old, U.S, Reuters, Tampa Bay Buccaneers, Premier League, Thomson Locations: Old Trafford, Manchester, Britain, United, Bengaluru

☆ Man Utd CEO Arnold to leave club ahead of possible sale
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +2 min

Soccer Football - Funeral of former England and Manchester United footballer Bobby Charlton - Manchester Cathedral, Manchester, Britain - November 13, 2023 Manchester United CEO & director Richard Arnold arrives at Manchester Cathedral REUTERS/Phil Noble Acquire Licensing RightsCompanies Manchester United PLC FollowNov 15 (Reuters) - Manchester United (MANU.N) CEO Richard Arnold will step down, the Premier League club said on Wednesday, ahead of the club's reported stake sale to British billionaire Jim Ratcliffe. General counsel and board director Patrick Stewart, who has been with the club for over 17 years, will be become interim CEO. Patrick Stewart's appointment as interim CEO would allow United's new joint owners to identify the right long-term candidate to run the club, Sky News reported, citing one source. Manchester United did not immediately respond to a Reuters' request for comment on the rationale. Arnold will provide "transitional support" until the end of December, the club said, and they will start looking for a permanent CEO, United said in a statement.

Persons: Bobby Charlton, Richard Arnold, Phil Noble, Jim Ratcliffe, Patrick Stewart, Glazer, Arnold, Ed Woodward, Erik ten Hag, Ratcliffe, Patrick Stewart's, United, Yadarisa, Shinjini Ganguli, Bhattacharjee Organizations: Soccer, Manchester United, Manchester Cathedral, Manchester Cathedral REUTERS, Rights Companies Manchester United, Premier League, Reuters, Sky News, Thomson Locations: England, Manchester, Britain, United, 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

☆ Erik ten Hag: Manchester United just can’t find winning formula under Dutch coach
▼ + stars: | 2023-11-02 | by ( Michael Johnston | ) edition.cnn.com time to read: +9 min

“It is below the standards you expect at Manchester United,” Ten Hag told reporters after Wednesday’s defeat. Rasmus Højlund joined Manchester United from Italian club Atalanta in August for a reported fee of $87.7 million. “You just can’t quite get the stability that Ferguson brought, and since then, people have come and gone,” Dutch football expert Michael Statham told CNN Sport. Manchester United manager Ten Hag has had a very public falling out with Jadon Sancho, who last played for the club in August. They are not thinking about strategic reviews or structures or whatever,” the United manager said before the Manchester derby on the weekend.

Persons: Erik ten Hag, Wednesday’s, Newcastle United –, Hag, “, they’re, “ You’re, Rasmus Højlund, Alex Livesey, Sir Alex Ferguson, Ferguson, Michael Statham, Mason Mount, John Walton, –, Mason Greenwood, Antony, Jadon Sancho, Ten Hag, Gareth Copley, Glazer, everpresent, Jim Ratcliffe, Jassim Bin Hamad Al, Sheikh Jassim, Ratcliffe, Michael Regan, Gary Neville, Erik, ” Neville, ”, Jamie Carragher, Lisandro Martínez, Johan Cruyff, that’s, ” Statham, Tyrell Malacia, Martínez, they’ve, Statham, Sancho, “ He’s, Erling Haaland, John Stones, Catherine Ivill Organizations: CNN, Manchester, English Premier League, Old, Manchester City, Newcastle United, Manchester United, of, Atalanta, United, CNN Sport, Chelsea, Spanish, Getafe, Arsenal, The Athletic, Qatari, Sky Sports, Getty, –, ” CNN, Dutch, Ajax –, Ajax, ”, humbling Locations: Old Trafford, Italian, Jassim Bin Hamad Al Thani, Europe, Liverpool, Argentine, Manchester United's Old Trafford, United, Newcastle

☆ Man Utd predicts higher annual revenue as sale process drags on
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +2 min

The English Premier League club, whose future ownership remains uncertain as the Glazer family explore a potential sale, did not give any update on that process, which started nearly a year ago. Manchester United expect revenue of between 650 million and 680 million pounds for the fiscal year to June 2024, compared with 648.4 million in 2022/23. The club forecast adjusted core profit of between 140 million and 165 million pounds, compared with 155 million in 2022/23. For the quarter ended June 30, Manchester United reported a net loss of nearly 3 million pounds ($3.50 million), compared with a loss of 71 million pounds a year earlier. Annual net losses narrowed by 75% to 29 million pounds.

Persons: Molly Darlington, Glazer, Jim Ratcliffe, Qatar's Sheikh Jassim bin Hamad al, Erik ten Hag, Rasmus Hojlund, Mason Mount, Andre Onana, Yadarisa, Shounak Dasgupta, Kevin Liffey Organizations: Soccer Football, Premier League, Manchester United, Leicester City, Champions League, English Premier League club, New York Stock Exchange, Inter Milan, European, League, Danish, Copenhagen, Manchester City, . Manchester United, Thomson Locations: Old Trafford, Manchester, Britain, Trafford, Qatar's, Qatar's Sheikh Jassim bin Hamad al Thani, Atalanta, Chelsea, Bengaluru

☆ The Billionaire Tycoon Who Can’t Stop Buying Sports Teams
▼ + stars: | 2023-10-20 | by ( Joshua Robinson | ) www.wsj.com time to read: 1 min

Jim Ratcliffe , the British petrochemicals billionaire, was on a 5,000-mile motorcycle journey through the Andes a few years ago and feeling pretty bored with the state of sports. No one was really going after the biggest barriers in human performance anymore, he thought. Then, somewhere on the road in Argentina, he settled on a sporting achievement that actually excited him: Ratcliffe wanted to see someone run a marathon in under 2 hours. So he hired some of the best scientists in sports and the best marathoner in the world to make it happen. And in 2019, on a closed course in Vienna, Eliud Kipchoge ran 26.2 miles in 1 hour and 59 minutes.

Persons: Jim Ratcliffe, Ratcliffe, Eliud Kipchoge Locations: Argentina, Vienna

☆ Manchester United Shareholders May Have Scored After All
▼ + stars: | 2023-10-18 | by ( Jon Sindreu | ) www.wsj.com time to read: 1 min

British billionaire Jim Ratcliffe is the only remaining bidder for Manchester United soccer club. PHOTO: PETER BYRNE/ZUMA PRESSManchester United shareholders are acting like despondent soccer fans after video-refereeing technology disallows a goal. Yet they might still win the match. The British soccer club’s publicly traded Class A shares have lost roughly 10% of their value since the weekend, when it was widely reported that British billionaire Jim Ratcliffe is in talks to buy a 25% stake through his petrochemical company Ineos. The other bidder, Sheikh Jassim Bin Hamad al-Thani, chairman of Qatar Islamic Bank, dropped out.

Persons: Jim Ratcliffe, PETER BYRNE, ZUMA, disallows, club’s, Sheikh Jassim Bin Hamad Organizations: Manchester United soccer, ZUMA PRESS Manchester United, Qatar Islamic Bank Locations: Thani, Qatar

☆ Manchester United tumbles as Ratcliffe's stake bid report dents buyout hopes
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +2 min

Ineos Chair Jim Ratcliffe would pay over $1.5 billion for the stake in Manchester United if his bid for the soccer club is accepted by the Glazer family that controls it, Reuters reported on Sunday, citing a person familiar with the matter. "Investors are clearly reacting with disappointment to expectations the Qatar deal for Manchester United will not go through," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. "Expectations for a flood of fresh funding into Man U's coffers for a new stadium and new players are being revised." Jassim informed the Glazer family a few days ago that he will not raise his bid of more than $6 billion for Manchester United, which had a market capitalization of $3.26 billion as of Friday's close. Reporting by Sruthi Shankar in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Jim Ratcliffe, Qatar's Sheikh Jassim bin Hamad al Thani, Ineos, Glazer, Susannah Streeter, Hargreaves Lansdown, Jassim, Sruthi Shankar, Shinjini Organizations: Manchester United, Reuters, Premier League, Hargreaves, Thomson Locations: Qatar, Bengaluru

☆ Stocks making the biggest moves premarket: Pfizer, Lululemon, Manchester United, Rite Aid and more
▼ + stars: | 2023-10-16 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Pfizer , Moderna , BioNTech — Shares of Pfizer dropped 1.3% after the company slashed its full-year revenue guidance by $9 billion, noting waning demand for its Covid treatment and vaccine. Following the guidance cut, Jefferies upgraded Pfizer on Monday, citing an attractive buying opportunity. Vaccine markers Moderna and BioNTech also dropped premarket, losing 4.1% and 5%, respectively. Colgate-Palmolive — The consumer products stock gained more than 1% in premarket trading after Stifel upgraded Colgate-Palmolive to buy from hold. The firm cited the stock's attractive valuation and the rapid and profitable growth of TAL's non-academic tutoring business as catalysts.

Persons: Jefferies, BioNTech, premarket, Morgan Stanley, Jim Ratcliffe, Jeffrey Stein, Dow, Charles Schwab, CNBC's Hakyung Kim, Jesse Pound, Tanaya Macheel, Michelle Fox Theobald, Lisa Han Organizations: Pfizer, Moderna, BioNTech, Colgate, Palmolive, Manchester United, Wall Street, . Rite, Dow Jones, Activision, Microsoft, TAL Education Group, UBS Locations: New Jersey

☆ Stocks making the biggest moves midday: Lululemon, Pfizer, News Corp, Charles Schwab and more
▼ + stars: | 2023-10-16 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Pfizer — Shares rallied 3.61% following an upgrade by Jeffries to buy from hold. The firm sees an attractive buying opportunity after Pfizer cut its full-year guidance last week on slumping vaccine sales. Alignment Healthcare — Shares soared 17.22% after being upgraded to strong buy from outperform by Raymond James. Tal Education — The education technology stock popped 6.73% after UBS upgraded shares to a buy rating, citing an attractive valuation and tailwinds from Tal Education's nonacademic tutoring business. Greenbrier — Shares of the transportation services company gained 3.81% Monday morning after Susquehanna upgraded the stock to a positive rating.

Persons: Dow, Lululemon, Jeffries, Novavax, Raymond James, Morgan Stanley, Jim Ratcliffe, Sheikh Jassim bin Hamad al Thani, Glazer, Tal Education's, Charles Schwab —, Schwab, Albemarle —, Albemarle, Bascome, Henry Schein —, Yun Li, Fred Imbert, Hakyung Kim, Samantha Subin, Alex Harring, Pia Singh, Lisa Han Organizations: Dow Jones Indices, Activision, Microsoft, Pfizer —, Pfizer, Moderna, News Corp, Reuters, Street, Street Journal, Systems, Manchester United, Tal Education, UBS, Liontown, Greenbrier —, Susquehanna Locations: BioNTech, Greenbrier

☆ British Billionaire Jim Ratcliffe Nears Deal to Buy Minority Stake in Manchester United
▼ + stars: | 2023-10-15 | by ( Ben Dummett | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/sports/soccer/british-billionaire-jim-ratcliffe-nears-deal-to-buy-minority-stake-in-manchester-united-72483ce1

Persons: Dow Jones, jim, ratcliffe, 72483ce1 Locations: manchester

The move leaves the remaining bidder for Manchester United, Ineos chairman Jim Ratcliffe, in a stronger position. The exact value that Ratcliffe's bid infers on Manchester United could not be learned, but the sources said it was higher than Jassim's offer of more than $6 billion. Manchester United is currently valued by the stock market at $3.3 billion. Representatives for Jassim declined to comment while Manchester United and Ratcliffe representatives did not immediately respond to a request for comment. Record 20-time English champions, Manchester United has over 650 million fans worldwide, according to market research firm Kantar.

Persons: Phil Noble Livepic, Sheikh Jassim bin Hamad al Thani, Glazer, Jim Ratcliffe, Jassim, Ratcliffe, Todd Boehly, Malcolm Glazer, Alex Ferguson's, Erik ten Hag, Anirban Sen, Mrinmay Dey, Chizu Organizations: Soccer, Manchester United, Europa League, Friends, Reuters, Manchester United Plc, Representatives, Sky News, Chelsea Football Club, Clearlake, Tampa Bay Buccaneers, League, Manchester City, Thomson Locations: Stockholm, Sweden, Manchester, New York, Bengaluru

☆ 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

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