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☆ MLB: London Series takes over the UK
▼ + stars: | 2023-06-26 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +8 min

The Cubs dominated the London Series opener storming home to a 9-1 victory. Daniel ShireyMLB Photos/Getty ImagesA UK twist“It’s a thrill to be here,” Cardinals fan Karen Asher-Relf told CNN Sport. “I think it’s awesome [the London Series], I love baseball and I’m slowly converting him,” said Karen. DeCap, a Cardinals fan, and Crain, a Cubs fan, flew over to the UK for a vacation that incorporated watching the game. Since the last London Series event, the MLB has introduced a pitch clock designed to make matches shorter – a far cry from the mammoth four hour and 42-minute game between the New York Yankees and the Boston Red Sox during the 2019 London Series.

Persons: Jack, it’s, Daniel ShireyMLB, Karen Asher, Relf, Paul, Karen, didn’t, “, ”, Paul’s, –, Jimmy Anderson, Nathan Lyon of, Winston Churchill, King Henry VIII, Freddie Mercury, Churchill, Caroline ”, Neil Diamond, Henry VIII, Andrew Couldridge, John DeCap, Scot Crain, Crain, “ We’ve, ” Crain, DeCap, We’ve, Hector Echevarria, Echevarria, Louis, Lars Nootbaar, ” Willson Contreras, Louis Cardinals, Nick Offerman, Swanson, Offerman, Ron Swanson, John Goodman, Kate Long, I’ve, Zac Goodwin, Sadiq Khan, Rob Manfred Organizations: London, London CNN, Major League Baseball, Chicago Cubs, Louis Cardinals, Premier League soccer, West Ham United, Cubs, Cardinals, CNN Sport, King’s Guard, Guard, Covid, MLB, New York Yankees, Boston Red Sox, Soul Symphony, Recreation, Inc, ”, Philadelphia Phillies, New York Mets Locations: London, British, St, Louis , Missouri, Nathan Lyon of Australia, Toronto, Canada

☆ Man United sale heads into messy added time: podcast
▼ + stars: | 2023-06-15 | by ( ) www.reuters.com time to read: 1 min

LONDON, June 15 (Reuters Breakingviews) - The Premier League soccer club is in the final stages of a tense bidding war. In this Viewsroom podcast, Breakingviews columnists debate the merits of offers from a Qatari suitor and chemicals tycoon Jim Ratcliffe, and what options minority investors face if they are shut out. Listen to the podcastFollow @aimeedonnellan on TwitterSubscribe to Breakingviews’ podcasts, Viewsroom and The Exchange. Editing by Oliver Taslic and Katrina HamlinOur Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Jim Ratcliffe, Oliver Taslic, Katrina Hamlin Organizations: Reuters, Premier League soccer, Twitter, Thomson

☆ Manchester United shares hit two-month high on speculations over takeover bid
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +1 min

June 13 (Reuters) - Shares of Manchester United (MANU.N) jumped 13% to hit a two-month high on Tuesday after a report hinted that Qatar's Sheikh Jassim bin Hamad al-Thani was likely to succeed with his takeover bid for the English football club. Qatar's Al-Watan newspaper reported on Tuesday that Sheikh Jassim, son of a former prime minister of the country, was poised to be announced as the preferred bidder of the Premier League soccer club, CNBC said. Manchester United declined a Reuters request for comment. New York-listed shares of Manchester United were trading at $23.07, after rising as much as 30% before the opening bell. The Glazer family is reportedly seeking 6 billion pounds ($7.5 billion), which would be a world record for any sports club or franchise, but neither bid is that high.

Persons: Sheikh Jassim bin Hamad, Thani, Qatar's, Sheikh Jassim, Molly Darlington, Jim Ratcliffe's INEOS, Sheikh Jassim's, Glazer, Medha Singh, Aditya Soni, Shinjini Organizations: Manchester United, English, Watan, Premier League soccer, CNBC, Reuters, Soccer Football, Manchester City, FA, REUTERS, Mail, Thomson Locations: Qatar's Al, Old Trafford, Manchester, Britain, New York, Bengaluru

☆ Manchester United shares climb on speculations over takeover bid
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +1 min

June 13 (Reuters) - Manchester United's shares (MANU.N) were up 15% in premarket trading on Tuesday after a report hinted that Qatar's Sheikh Jassim bin Hamad al-Thani was likely to succeed with his takeover bid for the English football club. Qatar's Al-Watan newspaper reported on Tuesday evening that Sheikh Jassim, son of a former prime minister of the country, was poised to be announced as the preferred bidder of the Premier League soccer club, CNBC said. Manchester United declined a Reuters request for comment. New York-listed shares of Manchester United were up at $23.07, paring almost half their premarket gains on Tuesday. The Glazer family is reportedly seeking 6 billion pounds ($7.5 billion), which would be a world record for any sports club or franchise, but neither bid is that high.

Persons: Sheikh Jassim bin Hamad, Thani, Qatar's, Sheikh Jassim, Jim Ratcliffe's INEOS, paring, Glazer, Sheikh Jassim's, Medha Singh, Aditya Soni, Shinjini Organizations: Manchester United's, English, Watan, Premier League soccer, CNBC, Reuters, Manchester United, Daily Mail, Thomson Locations: Qatar's Al, . New York, Bengaluru

☆ Shares of Manchester United briefly pop 16% after Qatar media hints at takeover bid ‘success'
▼ + stars: | 2023-06-13 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

A statue of George Best, Denis Law and Bobby Charlton standing outside Old Trafford, home of Manchester United in Manchester, England. Shares of Manchester United rose as much as 16% in premarket trading on Tuesday after Qatari media suggested Sheikh Jassim bin Hamad al-Thani was likely to succeed with his takeover bid. Al-Watan is co-owned by Hamad bin Jassim bin Jaber al-Thani. Shares of Manchester United, which exclusively trade on the New York Stock Exchange, were around 4% higher at 3:15 a.m. "All the news received indicates the success of Sheikh Jassim bin Hamad bin Jassim's acquisition of Manchester United, and the announcement of the deal will be very soon," he said.

Persons: George Best, Denis Law, Bobby Charlton, Sheikh Jassim bin Hamad, Thani, Qatar's, Sheikh Jassim, Hamad bin Jassim bin Jaber, Jim Ratcliffe, Fahad, Glazer, Ratcliffe Organizations: Manchester United, Watan, Premier League soccer, New York Stock Exchange, Twitter, Al, Al Watan Locations: Old Trafford, Manchester, England, Qatar's Al, Thani

☆ Opinion: The impact of PGA Tour-LIV Golf deal goes far beyond sports
▼ + stars: | 2023-06-08 | by ( Aaron David Miller | ) edition.cnn.com time to read: +8 min

Yet, these days, the sad truth is that Saudi Arabia has no need for sportswashing. And in December 2019, Saudi Arabia became president of the G-20, hosting a virtual summit because of the Covid-19 pandemic. The golf deal is a reminder that “money money money” is a formidable diplomatic political tool. A US brokered deal between Israel and Saudi Arabia would be a powerful counterpoint to China’s recently facilitated Iranian-Saudi détente. Of course, one can hardly be shocked to learn that where’s there’s money, golf and Saudi Arabia, there just might be a Trump angle as well.

Persons: Aaron David Miller, ” Miller, LIV Golf, Joe Biden’s, it’s, we’ve, you’re, Jamal Khashoggi, , Cristiano Ronaldo, Sen, Richard Blumenthal, Blumenthal, Biden, Saudi Crown Prince Mohammed bin Salman, It’s, LIV, can’t, Zelensky, Bashar al, Assad, Mahmoud Abbas, ”, Jake Sullivan, Antony Blinken, Trump, Eric Trump, Facebook George Orwell Organizations: Carnegie Endowment, International Peace, Democratic, Republican, CNN, PGA, English Premier League soccer, One, LIV, PGA Tour, Washington Post, Saudi Crown, MBS, Arab, US National, Trump, Twitter, Facebook, Saudi Locations: East, Saudi, United States, Saudi Arabia, Washington, Berlin, Sochi, Davos, Connecticut, China, Russia, Ukraine, Iran, Israeli, Israel, Iranian, Britain

PinnedThe PGA Tour and LIV Golf, the insurgent league bankrolled by billions of dollars from Saudi Arabia’s sovereign wealth fund, said on Tuesday that they had agreed to a merger, ending a bitter and costly fight for supremacy of men’s professional golf that had divided top players, everyday fans and corporate sponsors. Now, by merging with the PGA Tour, it has gained a foothold that guarantees it outsize influence in the game’s future. The PIF also will have right of first refusal on new investments in the merged tour, according to the statement announcing the merger. “Going forward, PIF will have the exclusive right to further invest in the new entity, including a right of first refusal on any capital that may be invested in the new entity, including into the PGA Tour, LIV Golf and DP World Tour.” The PGA Tour will appoint a majority of the board, the statement said, and hold a majority voting interest in the combined entity. In a memorandum to PGA Tour players on Tuesday, Monahan said the wealth fund would have a minority position in the new for-profit company that will control men’s golf.

Persons: LIV Golf, bankrolling LIV, “, PIF, LIV, Jay Monahan, we’ve, LIV . Monahan, Yasir al, Monahan, Brooks Koepka, Dustin Johnson, Phil Mickelson, LIV signees, Graeme McDowell, “ It’s, ” Organizations: PGA, Premier League soccer, Public Investment Fund, PGA Tour, ”, Public Investment, U.S Locations: Saudi, Riyadh, Saudi Arabia

☆ Commanders reach agreement to sell franchise to Harris-led group
▼ + stars: | 2023-05-12 | by ( ) www.reuters.com time to read: +3 min

Financial terms of the deal, which is subject to league approval, were not disclosed though reports in April said the agreement was for an NFL-record price of $6.05 billion. "We are very pleased to have reached an agreement for the sale of the Commanders franchise with Josh Harris, an area native, and his impressive group of partners," Commanders co-owners Dan and Tanya Snyder said in a news release. "We look forward to the prompt completion of this transaction and to rooting for Josh and the team in the coming years." "We look forward to the formal approval of our ownership by the NFL in the months ahead and to having the honor to serve as responsible and accountable stewards of the Commanders franchise moving forward." In 2021 the NFL fined the Commanders $10 million after an independent counsel review found the workplace demonstrated "a general lack of respect" towards women.

☆ Frankfurt Stadium to host Kansas City Chiefs in maiden NFL game
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +2 min

Five international fixtures will take place over October and November with three in London. Only one regular-season NFL game has ever been staged in Germany, last season's clash between Tampa Bay Buccaneers and Seattle Seahawks in Munich's Allianz Arena. The Frankfurt Stadium will host reigning Super Bowl champions Kansas City Chiefs on Nov. 5 for their game against Miami Dolphins and a week later will welcome Indianapolis Colts and the New England Patriots. "We are... pleased to confirm that the two games in Germany will be played in Frankfurt, a city steeped in NFL heritage. The Jaguars will kick off the international fixtures against Atlanta Falcons on Oct. 1 at Wembley Stadium.

☆ Manchester United tanks on report Glazers may avoid sale with new investment
▼ + stars: | 2023-04-17 | by ( ) www.reuters.com time to read: +1 min

April 17 (Reuters) - Shares of Manchester United PLC (MANU.N) fell 13% on Monday after a report said the Glazer family was confident of securing an investment that would allow them to retain ownership of the British soccer club. The family also expects the investment to help them double the value of the club over the next 10 years, ESPN reported, citing a source. Shares fell to their lowest since late NovemberA small portion of the club's shares is listed on the New York Stock Exchange. Any sale of the club would likely exceed the biggest sports deal so far - the $5.2 billion including debt and investments paid for Chelsea - sources had told Reuters previously. ($1 = 0.8083 pounds)Reporting by Akash Sriram in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

☆ Washington Commanders owner to sell team for $6 billion, report says
▼ + stars: | 2023-04-13 | by ( ) www.reuters.com time to read: +3 min

[1/4] Feb 2, 2022; Landover, MD, USA; Washington Commanders co-owner Dan Snyder speaks as co-owner Tanya Snyder (L) listens during a press conference revealing the Commanders as the new name for the formerly named Washington Football Team at FedEx Field. Mandatory Credit: Geoff Burke-USA TODAY SportsApril 13 (Reuters) - Washington Commanders owner Dan Snyder has reached an agreement in principle to sell the National Football League (NFL) team to a group led by the co-owner of the NBA's Philadelphia 76ers, Josh Harris, according to a Sportico report on Thursday. The Commanders, NFL and a spokesman at Harris Blitzer Sports & Entertainment (HBSE), where Harris serves as managing general partner, all declined to comment. In 2021 the NFL fined the Commanders $10 million after an independent counsel review found the workplace demonstrated "a general lack of respect" toward women. The committee's final report said sexual harassment, bullying, and other toxic conduct pervaded the team's workplace, perpetuated by a culture of fear instilled by Snyder.

☆ Top 10 things to watch in the stock market Thursday: Stocks bounce, Ford EVs, Apple
▼ + stars: | 2023-03-23 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Marathon Oil (MRO) and Club holding Pioneer Natural Resources (PXD) catch upgrades at Citi. Club holding Ford (F) unveiled its new financial reporting structure ahead of Thursday's teach-in event. Club holding Apple (AAPL) increasing its commitment to sports and content? Coty (COTY) added to Piper Sandler's top ideas in beauty after analysts performed a round of checks in stores in Chicago plus recent company updates. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ U.K. Economy Swings Back to Growth, Boosted by Premier League’s Return
▼ + stars: | 2023-03-10 | by ( Paul Hannon | ) www.wsj.com time to read: 1 min

The Premier League returned to a full schedule of games after a halt for the World Cup. The U.K. economy returned to growth in January, boosted by a busy schedule of English Premier League soccer games after a pause for the World Cup. The U.K.’s statistics agency said that economic output was 0.3% higher in January than in December, having fallen by 0.5% then. Economists surveyed by The Wall Street Journal last week had expected a rise of 0.1%.

☆ U.S. Hedge Fund Elliott to offer financing for Manchester United takeover bid
▼ + stars: | 2023-02-18 | by ( Peter Hall | ) www.reuters.com time to read: +1 min

Feb 18 (Reuters) - U.S.-based hedge fund giant Elliott Investment Management is planning to offer financing for a bid to take over Manchester United Plc (MANU.N), sources close to the matter told Reuters. The fund has ruled itself out of a full takeover of the Premier League soccer club, the source added on Saturday. It is unclear at this stage which bid Elliott, who owned Serie A champions AC Milan until last year, will be involved in. Elliott and United both declined to comment when approached by Reuters. British billionaire Jim Ratcliffe, a life-long United fan, and his company INEOS lodged an offer for a "majority ownership" of the club on Saturday.

☆ Former Qatari prime minister's son bids for Manchester United
▼ + stars: | 2023-02-18 | by ( ) 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. Sheikh Jassim Bin Hamad Al Thani, a son of Qatar's former prime minister, on Friday launched a bid to buy Premier League soccer club Manchester United, whose American owners launched a formal sale process late last year. Sheikh Jassim is the son of Sheikh Hamad bin Jassim bin Jaber Al Thani, who is one of the richest men in the Gulf state. However, Qatari state investors, who own a stake in French champions Paris Saint-Germain, could face challenges structuring a takeover of Manchester United, as rules forbid two clubs with the same owner taking part in the lucrative Champions League. Sheikh Hamad is the owner of PSG and it is unclear how the Qatari bid will be structured.

☆ Son of former Qatari PM bids for Manchester United
▼ + stars: | 2023-02-17 | by ( Anirban Sen | ) www.reuters.com time to read: +3 min

[1/2] Soccer Football - Premier League - Manchester United v West Ham United - Old Trafford, Manchester, Britain - July 22, 2020 General view of the corner flag inside the stadium before the match, as play resumes behind closed doors following the outbreak of the coronavirus disease (COVID-19) Martin Rickett/Pool via REUTERS. Feb 17 (Reuters) - Sheikh Jassim Bin Hamad Al Thani, a son of Qatar’s former prime minister, on Friday launched a bid to buy Premier League soccer club Manchester United, whose American owners launched a formal sale process late last year. A deal for United is expected to shatter records for the sale of a sports business. Sheikh Jassim is the son of Sheikh Hamad bin Jassim bin Jaber Al Thani, who is one of the richest men in the Gulf state. However, Qatari state investors, who own a stake in French champions Paris Saint-Germain, could face challenges structuring a takeover of Manchester United, as rules forbid two clubs with the same owner taking part in the lucrative Champions League.

☆ Billionaire Najafi set to launch $3.75bn takeover bid for Spurs - source
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +1 min

Feb 15 (Reuters) - Iranian-American billionaire Jahm Najafi, chair of MSP Sports Capital, is set to launch a $3.75 billion takeover bid for Premier League soccer club Tottenham Hotspur, a source familiar with the matter told Reuters on Wednesday. Najafi is also a minority shareholder in the National Basketball Association team Phoenix Suns. Tottenham, currently managed by Antonio Conte, have 39 points after 23 games in the league this season and sit two points outside the top four. Other Premier League clubs such as Manchester United and Liverpool are also seeking investment, with Qatari investors preparing to make a bid to buy United while Jim Ratcliffe's company INEOS formally entered the bidding process last month. Reporting by Emma-Victoria Farr and Manasi Pathak; Editing by Alison Williams and Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

☆ Premier League clubs spend $1 bln for first time in January transfer window
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +1 min

Feb 1 (Reuters) - Premier League soccer clubs spent a record 815 million pounds ($1.00 billion) in the January transfer window, an analysis from Deloitte's Sports Business Group said on Wednesday. The London club, lying 10th in the league, paid a British record 106.8 million pounds for Argentina midfielder Enzo Fernandez from Benfica on Tuesday's transfer deadline day. Over the whole of the 2022-23 season they have spent 2.8 billion pounds on player transfers, beating the previous record of 1.9 billion pounds set in 2017-18. Relegation-threatened Bournemouth were the second largest spenders within the Premier League. "Premier League clubs have outspent those within the rest of Europe's 'big five' leagues by almost four to one in this transfer window...," said Tim Bridge, lead partner in Deloitte's Sports Business Group.

☆ Rule-bending Chelsea take transfer gamble to give Potter ultimate selection headache
▼ + stars: | 2023-02-01 | by ( Peter Hall | ) www.reuters.com time to read: +4 min

Premier League soccer clubs spent a record 815 million pounds ($1.00 billion) in the January transfer window, an analysis from Deloitte's Sports Business Group said on Wednesday. It has, however, angered those who claim the Premier League is becoming a de facto European Super League due to its spending power. "What I'm worried about is the Premier League, and I've been worried for many years now," Spain's La Liga president Javier Tebas told a new conference this month. There is no sustainability in the Premier League. The Premier League is not a financially sustainable model."

☆ INEOS confirms entering bidding process to buy Manchester United
▼ + stars: | 2023-01-17 | by ( ) www.reuters.com time to read: +1 min

[1/2] The logo of British soccer club Manchester United is seen at a lounge during the World Economic Forum (WEF) 2023 in the Alpine resort of Davos, Switzerland, January 15, 2023. REUTERS/Arnd WiegmannJan 17 (Reuters) - Jim Ratcliffe's company INEOS has formally entered the bidding process to buy Premier League soccer club Manchester United, a spokesperson for the chemical firm told Reuters on Tuesday. In August, British billionaire Ratcliffe, a long-time fan of the club, expressed interest in buying United, Reuters reported. "I can confirm that we have formally put ourselves into the process," an INEOS spokesperson said in a statement on Tuesday. INEOS's interest in United comes after the energy group also bought French Ligue 1 club Nice in 2019.

☆ How Russian billionaire Roman Abramovich fell from grace after Putin's invasion of Ukraine
▼ + stars: | 2022-12-24 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +1 min

A few days after the start of the war, Abramovich said he was selling Chelsea FC, ending 19 years of ownership. Roman Abramovich celebrates Chelsea FC winning the Premier League in London, England, on May 21, 2017. Catherine Ivill/AMA/Getty ImagesAbramovich announced he was selling the Premier League soccer team on March 2. "Moreover, I have instructed my team to set up a charitable foundation where all net proceeds from the sale will be donated. The foundation will be for the benefit of all victims of the war in Ukraine," he added.

☆ Congrats, You’re a Billionaire. Which Sports Team Would You Buy?
▼ + stars: | 2022-12-01 | by ( Jason Gay | ) www.wsj.com time to read: 1 min

Hypothetical question! Which of these sports franchises would you buy? (For the sake of arguing, you may purchase just one.) Manchester United Liverpool Phoenix Suns The Los Angeles Angels The Washington Commanders aka Dan Snyder’s Washington Sadness MachineIf you’re in the market, there’s never been a more intriguing billionaire’s bazaar for sports teams. Currently for sale are two iconic English Premier League soccer clubs, a well-known NBA franchise still chasing a title, an underwhelming baseball club with a historic duo, and a colossal NFL train wreck you’ll be a hero just for buying.

☆ These are the best Black Friday streaming deals from Hulu, HBO Max, Amazon Prime and more
▼ + stars: | 2022-11-25 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Streaming is getting more expensive, but there are still some good deals to be had this Black Friday. From Amazon to HBO, there are a number of offers available if you want to catch up on "House of the Dragon" or finally watch "The Handmaid's Tale." The offer is available to new subscribers, as well as past subscribers who haven't been members for at least the past month. Prime Video — $1.99 for select channelsSopa Images | Lightrocket | Getty ImagesSubscribers to Amazon Prime already receive Prime Video included with their membership. Disney Plus — Get a full year for $79Thiago Prudencio | SOPA Images | LightRocket | Getty Images

☆ Manchester United owners, reviled by many of the team's fans, may sell club
▼ + stars: | 2022-11-23 | by ( ) www.nbcnews.com time to read: +3 min

Manchester United has said it was commencing a process to explore strategic alternatives, including a new investment or a potential sale, 17 years after the American Glazer family bought the English Premier League soccer club. The last silverware they won was the Europa League and League Cup back in 2017. Wealthy Asian tycoons, especially those from China, have been buying European teams in recent years including Premier League side Wolverhampton Wanderers and Italy’s Inter Milan. Manchester United shares jumped as much as 20% after Sky News first reported on the sale process, giving the club a market capitalization of $2.6 billion. The Glazers bought the club for 790 million pounds ($939.07 million) in 2005 in a highly leveraged deal which has been criticized for loading debt onto the club.

☆ Morning Bid: Fearless?
▼ + stars: | 2022-11-23 | by ( ) www.reuters.com time to read: +4 min

As bond markets furiously flag a looming recession, stock markets suddenly seem fearless. Wall St's so-called 'fear index' of implied equity volatility (.VIX) fell on Tuesday to its lowest level since August. Put against the deepening inversion of the U.S. 2-10 year Treasury yield curve to its most negative in 22 years, typically a harbinger of recession ahead, the apparent stock market calm is puzzling. Some analysts reckon stock market positioning is already so low and portfolios so underweight equity that demand for downside protection in the options market has waned too. Any hoping for an end to the jump in interest rate rate rises around the world were also disappointed.

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