Hints and tips:
Related Special Reports
...Sir Jim Ratcliffe has agreed to buy a roughly $1.3bn stake in Manchester United, ending more than a year of uncertainty over the English football club’s ownership and highlighting continued investor appetite...
...The Glazers control the company through supervoting B shares, which do not trade on the open market....
...Obviously, I fully deny any accusations that have been made against me but, of course, I work with that process, which I hope is concluded in the near future.”...
...“I don’t see it taking over but I do see it as becoming more important.”...
...Explaining the purchases, Kroes said: “I believe in exuding trust to your fellow shareholders and stakeholders when you buy shares yourself and thereby also take a financial risk yourself....
...“If I thought athletes were only competing because there was a financial pot or prize at the end of the day I might have a different view.”...
...One adviser to private capital groups said the Eurovita episode meant it was “one step forward, three steps back” for private equity’s standing with regulators after years of trust-building....
...In fact, I binged this book faster than I watched Drive to Survive. Robinson and Clegg’s achievement is to provide more than enough for both hardcore fans and newcomers....
...Ratcliffe agreed to buy up to 29 per cent of Manchester United for roughly $1.6bn on Christmas Eve, ending a more than year-long sales process that saw Qatari Sheikh Jassim Bin Hamad al-Thani bid for the...
...“That’s when I stepped back and said, ‘I think it’s investable,’” says Hutchinson, now a senior figure at Arctos Partners....
...He added: “I think the summer is going to be crazy again.”...
...“I don’t think I’ll ever lose money,” Ratcliffe said when asked about the valuation. “I don’t believe it’s going to devalue. I don’t believe I’ve been financially stupid.”...
...Ibrahimović joked: “San Siro will miss me more than I will miss San Siro.”...
...Typically, B shares convert into A shares when the Glazers sell. However, one of the people said the goal is for Ratcliffe to hold B shares because of the appeal of the voting rights....
...It really is reliant on one guy and I guess we haven’t seen that since Pelé, but it was a very different landscape then.”...
...to increase visitors from 1.5mn a year to 2mn....
...As one business leader said to me acidly at last year’s Labour party conference: “I don’t want a b***dy ‘partnership’ with government, I want to get on with running my company.”...
...No mention of the B-word, then....
...A: I instinctively dislike people who take it too seriously, but B: I can’t trust people who don’t get that nothing is more important than food....
...On Thursday the team scraped into the knockout phase of this season’s competition with a 1-1 draw against Germany’s Borussia Dortmund....
...“I don’t think anyone has raised any equity since late 2022,” said Matthew Hose, equity analyst at Jefferies. “They’ve had to adapt to this new environment....
...“I think that the show is mega and I’m very happy with what Liberty did around the race and I think it’s a huge step forward for F1,” he said. “But we have to take care of the sporting side.”...
...I look forward to contributing to their investing activities across their sports, media and entertainment properties,” said Ibrahimović....
...The £1.3bn of so-called class B debt, which is still inside the ringfence but has a lower-ranking claim on the company’s cash flows, could be hit with even deeper 35-40 per cent impairments....
...United has been elbowed aside despite spending a net €1.3bn on new players over the past decade, more than any other club, according to Transfermarkt....
International Edition