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☆ Liverpool owner Henry rules out sale of the club
▼ + stars: | 2023-02-20 | by ( ) www.reuters.com time to read: +1 min

Feb 20 (Reuters) - Liverpool's American owner John Henry has said there are no plans to sell the Premier League club after the Merseyside outfit's owners said in November they were exploring a sale. After FSG's initial statement, Liverpool chairman Tom Werner said there was no urgency to complete any potential deal. Are talking with investors about Liverpool? I believe so, but it won't be a sale. Reporting by Aadi Nair in Bengaluru; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

☆ 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.

☆ 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.

☆ 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.

☆ 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.

☆ Soccer’s new M&A binge will mostly benefit players
▼ + stars: | 2023-02-17 | by ( Streisand Neto | ) www.reuters.com time to read: +3 min

A Qatari consortium is set to make a $6 billion offer for Man Utd, home to stars including Marcus Rashford, Bloomberg reported on Thursday. The Financial Times reported that Iranian-American billionaire Jahm Najafi is preparing a $3.8 billion swoop on Harry Kane’s Tottenham Hotspur. The Qataris’ reported Man Utd offer of $6 billion would value the New York-listed club at 8.6 times trailing revenue. Man Utd, whose financial advisers are U.S. investment bank Raine Group, has set an initial Feb. 17 deadline for bids. The Financial Times on Feb. 15 reported that Iranian-American billionaire Jahm Najafi was preparing a $3.8 billion offer for Tottenham Hotspur.

☆ Bank of America expects SABIC Agri-Nutrients shares to rise by 50% due to a worldwide fertilizer shortage
▼ + stars: | 2023-01-05 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Shares of Sabic Agri-Nutrients are expected to rise by more than 50% over the next year thanks to a limited fertilizer supply worldwide, according to Bank of America. In contrast, BofA analyst Sashank Lanka said Sabic Agri-Nutrients pays $1.25/MMBtu for the gas, owing to its relationship with Saudi petrochemicals company Sabic, which is a majority shareholder. "We also expect the urea cost curve to steepen, supported by rising gas prices in EU and Asia along with high coal prices," Lanka added. Although gas prices have eased since their August peak, analysts expect demand to pick up in Europe during the winter. Sabic Agri-Nutrients reported an increase in net profits by 93.3% to 2.3 billion Saudi riyals ($610 million), compared to the previous year.

☆ Croatia edge Morocco 2-1 to clinch third spot at World Cup
▼ + stars: | 2022-12-17 | by ( Rohith Nair | ) www.reuters.com time to read: +5 min

Despite defeat, Morocco also leave with heads aloft after becoming the first African side to reach a World Cup semi-final. We won a tough game," said Croatia coach Zlatko Dalic, who also led the nation of four million people to runners-up in Russia four years ago. But the African side lacked the killer instinct in front of goal, the final pass or touch always found wanting. By the 67th minute, Morocco had made all five of their substitutions. We're still happy, we're among the four best teams in the world," Regragui said.

The PSG chaiman also told Anderson that he believes media criticism of the country was down to the fact that many had not visited Qatar. The 49-year-old told Anderson that PSG would want any potential bidder to share a long-term commitment to the club. The 49-year-old told Anderson that he remains opposed to the idea, but is not against other changes. Al-Khelaifi told Anderson that PSG has a two-year contract with Messi, but will discuss his next steps after the tournament ends. Al-Khelaifi told Anderson he expected the star to be okay for the tournament’s knock-out stages, but that he needs referees to give him more protection.

☆ World Cup the test of Qatar's expensive bid to develop homegrown talent
▼ + stars: | 2022-11-02 | by ( Andrew Mills | ) www.reuters.com time to read: +3 min

It's the most important... We're not asking them to (win) the World Cup," he added. Sheikh Jassim Bin Hamad Al-Thani, brother of Qatar's ruling emir, established Aspire in 2004 to develop homegrown players -- six years before Qatar's national team automatically qualified for the 2022 World Cup when it was named host country. Since June, Sanchez has taken Qatar's players to training camps in Spain and Austria. The mixed performance suggests the Gulf Arab state are no heavyweights - the team might not stand a chance against their other World Cup Group A opponents Senegal and the Netherlands. "We won't be able to tell if that's a good thing or a bad thing until after the World Cup."

But whatever your feelings toward Elizabeth, it’s clear that the institution of the British monarchy is far from benevolent. Meanwhile, the exact worth of the British monarchy is very difficult to calculate. The Sunday Times' Rich List calculated the queen’s personal net worth as 370 million pounds (more than $420 million), while the author and royal expert David McClure estimated it at 400 million pounds (around $460 million). In 2021-2022, the royal household’s financial report calculated this as 86.3 million pounds ($98.5 million). (According to the BBC, this portfolio generates around 20 million pounds a year in profits.)

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