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☆ The billionaire boss of one of soccer's most famous teams tells staff: come back to the office or look for another job
▼ + stars: | 2024-05-10 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +1 min

Sir Jim Ratcliffe, Manchester United co-owner, is banning remote work for the club's staff. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe billionaire co-owner of Manchester United, Sir Jim Ratcliffe, has told staff that he's banning work from home after key metrics were missed at one of his companies. In an all-hands video call last week, Ratcliffe told staff that they would need to start coming into the office or "seek alternative employment," The Guardian reported. The billionaire is coming in strong by shaking off the company's post-COVID flexible work policy to boost productivity.

Persons: Sir Jim Ratcliffe, —, Ratcliffe Organizations: Manchester United, Apple, Dell, Service, Guardian, 103rd, Business

☆ Brexit border checks: Britain braces for less choice and higher prices on food imports
▼ + stars: | 2024-04-30 | by ( Hanna Ziady | Anna Cooban | ) edition.cnn.com time to read: +10 min

The new regime for food imports is perhaps the starkest example of the painful border bureaucracy that UK and EU businesses must contend with in the wake of Brexit. An additional cost of that scale will “significantly increase food prices and reduce choice,” the federation’s CEO Phil Pluck wrote in a letter to environment and food minister Steve Barclay earlier this month. But here too Brexit hasn’t helped, ending as it did the free movement of EU workers on whom British farmers had relied for decades. In addition to Brexit-related challenges, UK farmers have been squeezed by soaring input costs, including those of fertilizer, energy and labor. “I’m not hugely in favor of subsidies, I’m in favor of fair food prices,” Maddocks said.

Persons: Eddie Price, ”, Phil, Steve Barclay, Andrew Aitchison, Andrew Opie, “, Jack Bobo, “ It’s, Price, hasn’t, ” Tom Bradshaw, “ You’re, Chris Ratcliffe, Brexit, ” Philip Maddocks, I’m, ” Maddocks Organizations: London CNN, European Union, EU, Britain, Birmingham Wholesale, CNN, Chain Federation, British Retail Consortium, University of York, Food Systems, University of Nottingham, Birmingham Wholesale Market, Bank, National Farmers ’ Union, Bloomberg, Getty, PDM Locations: United Kingdom, Britain, France, Spain, artichokes, Italy, Birmingham, Dover, Port, Netherlands, Ireland, Germany, North Africa, England, Sandwich, Australia, New Zealand, English, Shropshire

☆ I went to the London pub Taylor Swift name-dropped on her new album. Swifties are turning it into a fan club and the owners are thrilled.
▼ + stars: | 2024-04-24 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +7 min

Taylor Swift fans believe "The Black Dog" on her new album is about a London pub with the same name. Tracy, Claudine, and Joy outside The Black Dog pub. Ayomikun AdekaiyeroThe Black Dog now serves Taylor Swift-themed burgers and drinksAnd the owners of The Black Dog couldn't be happier to be touched by the "Taylor Swift effect." Photos of Taylor Swift's lyrics outside The Black Dog Pub. The Taylor Swift effect can't be underestimated," she says, although won't tell me exactly how many fans have visited.

Persons: Taylor Swift, —, Tracy, Joy, Claudine, Swifties, Swift, Matty Healy, Joe Alwyn, Erika Goldring, Jeff Kravitz, Chris J Ratcliffe, I'm, Adekaiyero, Taylor, Travis Kelce, Lily Bottomley, Taylor Swift's, Bottomley, Healy, Alwyn, There's, it's, Asim, Lauren, Lawrence, Hollie Spence, Ashleigh Cusack, Spence, Cusack, She's, Ayomikun Adekaiyero Bottomley, We're Organizations: Swifties, Service, Swift, Poets Department, NFL Locations: London, New Zealand, Swifties, Instagram, Kent

☆ 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

☆ European diplomats in DC scramble to gain access to Trump allies for insights
▼ + stars: | 2024-04-11 | by ( Kylie Atwood | ) edition.cnn.com time to read: +12 min

“We are not that nervous because we know that with Trump it is all about relationships,” said one veteran European diplomat who has been in DC since the Trump administration. “The logic of doing it at Heritage was not lost on us,” said Victoria Coates, a deputy national security advisor to former President Trump who is now a vice president at the think tank. The comments sent European diplomats into over-drive, eager to understand exactly what Trump meant. “If they are worried about how President Trump is going to react to them, they hold it in their hands to do something about it,” Coates said. But European diplomats are not only worried about NATO.

Persons: Donald Trump, jostle, Trump, of National Intelligence John Ratcliffe, Mike Pompeo, Robert O’Brien, Keith Kellogg, Mike Pence’s, Hillary Clinton, they’ve, ”, –, David Cameron, Antony Blinken, Cameron, Jens Stoltenberg, Jim Lo Scalzo, Stoltenberg’s, Victoria Coates, Stoltenberg, ” Coates, nodded, James Carafano, “, it’s, “ He’s, Mike Johnson, Vladimir Putin, Volodymyr Zelensky Organizations: CNN, White, NATO, Ukraine, Trump, of National Intelligence, National, European Union, Republican, Russian Central Bank, EU, British, Heritage Foundation, Heritage, GOP, Putin Locations: Washington, Russia, European, Europe, Ukraine, Brussels, West, Russian, South Florida, Brexit, ”, Washington ,, “

☆ Biden proposes $10,000 tax breaks for first-time homebuyers, 'starter home' sellers
▼ + stars: | 2024-03-08 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

Cavan Images | Cavan | Getty ImagesPresident Joe Biden has floated plans to address the country's affordable housing issues, including new tax breaks for first-time homebuyers and "starter home" sellers. "If inflation keeps coming down, mortgage rates will come down as well. Interest rates still near 'multidecade highs'With soaring home prices and mortgage interest rates, 2023 was the least affordable year for homebuyers in more than a decade, according to a report from Redfin. "We're close to multidecade highs for mortgage rates," said Keith Gumbinger, vice president of mortgage website HSH. watch nowThere's a 'housing supply crisis'Of course, higher mortgage interest rates are only one piece of the country's affordable housing puzzle.

Persons: Joe Biden, Biden, I'm, Keith Gumbinger, it's, Janneke Ratcliffe Organizations: Getty, White, Chamber, U.S, Capitol, Washington , D.C, homebuyers, Housing Finance, Center, Urban Institute, Urban Locations: Cavan, seller's, Washington ,, Redfin

☆ What the SEC climate disclosure rule may mean for investors
▼ + stars: | 2024-03-04 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Climate disclosures would be made in annual filings companies make to the SEC, such as a Form 10-K, and in registration statements filed before an initial public offering. "I think climate disclosures have largely become table stakes for the investment community," said Lindsey Stewart, director of investment stewardship research at Morningstar. Current climate disclosures are 'uncommon'Ships on the Panama Canal on August 21, 2023. Shipping experts fear such events could become the new normal as rainfall shortfalls highlight climate risks. The SEC proposal outlined three tiers of emissions disclosures: Scopes 1, 2 and 3.

Persons: Gary Gensler, Win Mcnamee, —, Lindsey Stewart, Daniel Gonzalez, Stewart, They'd, Rachel Curley, Hurricane Idalia, Christian Monterrosa, Cowen, Patrick McHenry, Sen, Tim Scott, Bill Huizenga, Chris Ratcliffe, They're Organizations: Securities, Exchange, Financial Services, General, Getty, The Securities, Exchange Commission, SEC, Morningstar, Panama Canal Authority, Shipping, Anadolu Agency, P Global, Corporations, U.S . Sustainable Investment, Hurricane, Bloomberg, Republicans, Economic, Deloitte Locations: Washington, Panama, U.S, Cedar Key , Florida, R

☆ 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

☆ 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

☆ 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

☆ 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

☆ JetBlue resets with new CEO, industry veterans to run airline on time, and profitably
▼ + stars: | 2024-02-12 | by ( Leslie Josephs | ) www.cnbc.com time to read: +6 min

In this article JBLU Follow your favorite stocks CREATE FREE ACCOUNTA JetBlue Airways plane prepares to depart New York's LaGuardia Airport. Leslie Josephs | CNBCIn the 24 years since JetBlue Airways ' first flight, the New York-based airline has pushed the envelope for a carrier of its size. And, until a judge blocked the deal last month, it planned to buy budget airline Spirit Airlines for $3.8 billion. Last week, JetBlue said it has hired back the airline's former chief commercial officer, Marty St. George, 59, as president. A JetBlue Airways plane sits on the tarmac at the Fort Lauderdale-Hollywood International Airport on January 31, 2024 in Fort Lauderdale, Florida.

Persons: Leslie Josephs, it's, Joanna Geraghty, Robin Hayes, Carl Icahn, Geraghty, Chris Ratcliffe, we've, Marty St, George, Marty, Henry Harteveldt, George's, Warren Christie, JetBlue, We've, Brett Snyder, Snyder, Spirit, Joe Raedle Organizations: JetBlue Airways, New, LaGuardia, CNBC, JetBlue, Spirit Airlines, JetBlue Airways Corp, World Aviation, Bloomberg, Getty, Latam Airlines, United Airlines, US Airways, Atmosphere Research, Transport Workers Union Local, Street, NYSE, Department of Transportation, discounter Frontier Airlines, Fort, Hollywood International Airport Locations: New York, London, Paris, Amsterdam, Dublin, U.S, Delta, United, punctuality, Fort Lauderdale, Fort Lauderdale , 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

WASHINGTON (AP) — Donald Trump had a “good faith” basis to question the results of the 2020 election, his lawyers said in demanding that prosecutors turn over any evidence related to voting irregularities and potential foreign interference in the contest won by Democrat Joe Biden. Political Cartoons View All 1267 ImagesBut the Trump team asserts in the 37-page filing that he had reason to question the results. It also revisits the intelligence community's effort in 2020 to discern potential interference by countries including Russia, China and Iran. It quotes from a Jan. 7, 2021 memo from John Ratcliffe, the then-director of national intelligence and a close Trump ally, that said China sought to influence the election. The Trump lawyers have already asked U.S. District Judge Tanya Chutkan to dismiss the indictment, saying he is shielded from prosecution by presidential immunity and arguing that the charges violate his First Amendment rights.

Persons: — Donald Trump, Democrat Joe Biden, Trump, President Trump, Jack Smith's, ”, Hillary Clinton, John Ratcliffe, Smith, Tanya Chutkan Organizations: WASHINGTON, Democrat, Homeland Security, Republican, Democratic, Intelligence Community, Defense, U.S . Capitol, Trump loyalists, Capitol, Trump, U.S Locations: Washington, Moscow, Russia, China, Iran, Russian

☆ 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

☆ David Cameron Makes Surprise Return to U.K. Government as Foreign Secretary
▼ + stars: | 2023-11-13 | by ( Max Colchester | ) www.wsj.com time to read: 1 min

David Cameron, in a blue tie, departs 10 Downing Street after being appointed as foreign secretary. Photo: Chris J. Ratcliffe/Bloomberg NewsLONDON—U.K. Prime Minister Rishi Sunak named one of his predecessors, David Cameron , as foreign secretary, part of a surprise government shake-up aimed at dragging his Conservative Party back to the center ground as it languishes in the polls. Cameron—a Tory moderate who quit as prime minister after Britain voted to leave the European Union—will now take one of the government’s plum jobs after seven years in the political wilderness. He is the first former British prime minister to return to a cabinet post in more than 50 years.

Persons: David Cameron, Chris J, Ratcliffe, Rishi Sunak, Cameron — Organizations: Bloomberg, LONDON, Conservative Party, Tory, Britain, Union —, British

☆ 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

☆ The escalating Israel-Hamas conflict raises risks of global market contagion, economist says
▼ + stars: | 2023-10-30 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Mohamed Aly El-Erian, chief economic advisor for Allianz SE, during a Bloomberg Television interview in London, UK, on Monday, Sept. 25, 2023. El-Erian spoke alongside former UK Prime Minister Gordon Brown and economist Michael Spence, his co-authors for their book Permacrisis: A Plan to Fix a Fractured World. Photographer: Chris Ratcliffe/Bloomberg via Getty ImagesAs the Israel-Hamas war draws into into its fourth week, the risks to the global economy are rising, economist Mohamed el-Erian said Monday. The impact on global markets in response to the onset of the war was initially limited, as investors first assessed that the conflict was contained. "It is terrible in terms of economic prospects for the epicenter for the war," she said.

Persons: Mohamed Aly El, Erian, Gordon Brown, Michael Spence, Chris Ratcliffe, Mohamed el, CNBC's Dan Murphy, Israel, Kristalina Georgieva Organizations: Allianz, Bloomberg Television, Bloomberg, Getty, AIM, Federal, International Monetary Fund Locations: London, Israel, Gaza, Dubai, Iran, Lebanon

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