Battle to buy Manchester United heats up as activist investor Elliott jumps in at the last minute
first broke news of Elliott's involvement Saturday, one day after a deadline for bids set by United's American owners.
Sheikh Jassim, who also says he's supported the team his whole life, chairs the Qatari bank QIB and is the son of the country's former prime minister. The Glazer family, which currently owns a controlling stake in the publicly-listed company, wants at least 6 billion pounds to sell the club, according toElliott has owned football clubs before, having controlled Italian champions AC Milan between 2018 and 2022 before selling its stake to RedBird Capital Partners for $1.2 billion.
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U.S. Hedge Fund Elliott to offer financing for Manchester United takeover bidU.S.-based hedge fund giant Elliott Investment Management is planning to offer financing for a bid to take over Manchester United Plc , sources close to the matter told Reuters.
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Race for Man United gathers steam with INEOS, Elliott interestThe race to buy Manchester United heated up on Saturday with Jim Ratcliffe's company INEOS confirming it had bid for the club and a source telling Reuters that U.S. hedge fund Elliott Investment Management was also prepared to finance a takeover.
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Manchester United fans hopeful for new owners and a fresh era of successWith bids from Qatar and billionaire fan Jim Ratcliffe confirmed after Friday's deadline for initial offers, Old Trafford was already in a celebratory mood,...
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Manchester United Begins Sifting Through Numerous Bids for ClubManchester United received two public offers and several more private proposals to acquire the club. Multiple offers could put the Glazer family in a position to capitalize on a hot market that has pushed the valuation of sports properties to record highs.
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Red-hot Rashford nets double as Manchester United outclass LeicesterManchester United striker Marcus Rashford's superb run of form continued when he netted a goal in each half of his side's 3-0 Premier League win over Leicester City on Sunday to extend his scoring streak to five games.
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Qatari foundation, British billionaire among bidders for Manchester UnitedSheikh Jassim bin Hamad Al Thani, chairman of Qatar Islamic Bank, reportedly submitted an offer Friday to buy English soccer power Manchester United from its current owners, per multiple reports.
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