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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
Carlyle in talks to take stake in Manchester United - Sky News
  + stars: | 2023-04-15 | by ( ) www.reuters.com   time to read: +1 min
[1/2] A general view of the lobby outside the Carlyle Group offices in Washington, May 3, 2012. REUTERS/Jonathan Ernst/File PhotoApril 15 (Reuters) - U.S. buyout firm Carlyle Group Inc (CG.O) is in talks about a "major" investment in Manchester United soccer club as the auction of the Premier League team enters its final stages, Sky News reported on Saturday. Carlyle and Manchester United did not immediately respond to a Reuters request for comment. Sports industry news site Sportico reported earlier this month that Manchester United would accept a third round of bids from prospective buyers at the end of April. The Glazers bought Manchester United in 2005 for 790 million pounds in a highly leveraged deal that has been criticised for loading debt on to the club.
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