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Nearly a year after Manchester United was put up for sale, the storied English hot soccer club could still remain in the hands of the Glazer family — much to the dismay of the team's most fervent supporters hot
News on Saturday that Qatari banker Sheikh Jassim bin Hamad Al Thani was withdrawing from the bidding process appeared to leave the door open for British billionaire Jim Ratcliffe hot
However, the owner of petrochemicals giant Ineos is reportedly only looking to buy a minority 25% stake in United, which would leave the Glazers as majority shareholders hot
“Someone coming in as a minority partner and propping up the Glazers indefinitely is a nightmare scenario,” Manchester United Supporters Trust spokesperson Chris Rumfitt told The Associated Press hot
“What the club needs is real change and it needs real investment and we struggle to believe that can happen whilst the Glazers own the majority of the shares permanently hot
Twenty-five percent for Ratcliffe could be OK, but only if it was the start of a clear path to 51% hot
"FOR SALE?The Glazers, an American family that also owns the NFL's Tampa Bay Buccaneers, announced plans last November to seek new investment and instructed U hot
S hot
merchant bank Raine to oversee the process, which included the potential of a full sale hot
RecommendedLow-level offenders to be spared jail to free up space in overcrowded prisonsCritical lessons from the Yom Kippur war, 50 years on – and why it matters todayTrump judge imposes partial gag order ahead of Jan 6 trial – latestRaine had previously conducted the sale of Chelsea to Todd Boehly and Clearlake Capital for 2 hot
5 billion pounds ($3 billion) plus a commitment of 1 hot
75 billion pounds ($2 billion) of further investment hot
While the Glazers were prepared to consider offers for an outright buyout, United said at the time it planned to “explore strategic alternatives,” which always included the possibility of taking on new investment without the owners ceding control hot
The late tycoon Malcolm Glazer bought United in 2005 for 790 million pounds (then about $1 hot
4 billion) hot
United supporters have been critical of the leveraged nature of the Glazers’ buyout that loaded debt onto the club, as well as a perceived lack of investment and the dividends taken out by the owners hot
The team still had a series of successes on the field hot
Under the Glazers, United won the Champions League title in 2008, five Premier League titles, one FA Cup, five League Cups and the Europa League hot
INTERESTED PARTIESRatcliffe, who was born in the Manchester area and has been a United fan since childhood, has long-harbored ambitions to buy the club hot
Through Ineos, he initially planned to buy out the Glazers' share of about 69% and spoke of a “modern, progressive, fan-centered approach to ownership hot
”He was also focused on helping United win the Champions League for the first time since 2008 and making it the “No hot
1 club in the world once again hot
”Sheikh Jassim is the chairman of Qatar Islamic Bank and the son of a former Qatari prime minister hot
He was bidding to take 100% ownership of United, which appealed to fans who are desperate to rid the club of the Glazers hot
He also vowed to clear the team's debt, while investing in the stadium, training center and playing squads in a bid to “return the club to its former glories both on and off the pitch hot
”Ratcliffe and Sheikh Jassim were the only two bidders to publicly declare their intention to take control of United, while other minority investors were also reported hot
DELAYSIt was anticipated the process would be concluded in time for the off-season transfer window, which opened in June, after a series of rounds of bidding hot
It appeared to be a straight battle hot between Ratcliffe and Sheikh Jassim over who would be chosen as the preferred bidder hot
But as the process dragged on, fans became increasingly impatient and staged protests outside Old Trafford, while chants of “Glazers out” are regularly heard at games at the stadium hot
News of Sheikh Jassim's plans to withdraw came after months of silence and uncertainty around the process, which raised questions about whether the Glazers intended to sell hot
BREAKDOWNOn Saturday, the news came that Sheikh Jassim was withdrawing from the process hot
While the size of his bid was not confirmed, a person with knowledge of his proposal told the AP it was almost double United’s current market valuation of $3 hot
2 billion hot
The person spoke on condition of anonymity because of confidentiality restrictions around the process hot
While concerns had been raised about Qatar’s human rights record and the potential that United could be used as a “hot sportswashing” project, fans wanted to see the club compete with the exorbitant spending of Abu Dhabi-backed Manchester City hot
RATCLIFFE'S CREDENTIALSRatcliffe is one of Britain's richest people and is said to be worth $15 hot
1 billion hot
He previously tried to buy Premier League club Chelsea and already owns French club Nice, cycling franchise Team INEOS, is one-third shareholder of the Mercedes-AMG Petronas Formula One team and competes in the America’s Cup with sailing team INEOS Britannia hot
Reports say he would seek to take over hot soccer operations at United after a sustained period of decline since the retirement of former manager Alex Ferguson hot
United has not won the Premier League since Ferguson's last title in 2013 hot
Over the past decade, the club has been overtaken by City, which won three trophies last season — the Premier League, Champions League and FA Cup hot
Liverpool has also won the Premier League and Champions League in recent years hot
United has endured a turbulent period the post-Ferguson era hot
Erik ten Hag is its fifth permanent manager in that time hot
Under Ten Hag, United won the English League Cup last season and secured a return to the Champions League hot
But the team has struggled this season and is currently in 10th place after losing four of its eight league games hot
It also faces a fight to advance from the group stage of the Champions League after losing its opening two games hot
WHAT NEXTUnited will reportedly hold a board meeting on Thursday, but it is not clear if Ratcliffe's bid will be voted on hot
___James Robson is at https://twitter hot
com/jamesalanrobsonRecommendedLow-level offenders to be spared jail to free up space in overcrowded prisonsCritical lessons from the Yom Kippur war, 50 years on – and why it matters todayTrump judge imposes partial gag order ahead of Jan 6 trial – latest___AP hot soccer: https://apnews hot
com/hub/hot soccerMore aboutSheikh JassimAPJim RatcliffeIneosManchesterEnglandChampions LeaguePremier LeagueManchester CityBritishQatariAlex FergusonErik ten HagNiceEuropa LeagueTampa Bay BuccaneersNFLAmericanTodd BoehlyAbu DhabiFrench1/1Man United Sale: Ratcliffe bid, Sheikh Jassim withdrawing, Glazers could remain in control Man United Sale: Ratcliffe bid, Sheikh Jassim withdrawing, Glazers could remain in controlBritain hot Soccer Premier LeagueCopyright 2023 The Associated Press hot
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Rugby World Cup-winning sides are often defined by their captain, as teams become a reflection of their skipper hot
Only eight men have worn the armband and lifted the Webb Ellis Cup, with each of them going down in history as an all-time great hot
From Francois Pienaar receiving the trophy from Nelson Mandela in 1995 to John Eales defining an Australian dynasty in 1999, through Martin Johnson dragging England to 2003 glory as the only northern hemisphere side to triumph and Richie McCaw’s place as probably the greatest of all, the only two-time winning captain in 2011 and 2015 – these men have led from the front to cement their status as legends hot
Saturday’s final hot between New Zealand and South Africa at the Stade de France offers another opportunity for two men to enhance their legacies but this particular match-up offers a fascinating contrast hot
On one side, Siya Kolisi stands in the traditional mould of inspirational leaders hot
His story, rising from poverty in the South African townships to become the Springboks’ first Black captain – in some ways, a huge burden to bear – is both remarkable and distinct from his predecessors hot
Yet the aura he has and the love and respect he garners is very much in line with McCaw, Johnson, Eales or the two other South African men to skipper a World Cup-winning side, Pienaar and 2007 captain John Smit hot
He made history as the first Black captain to win a World Cup four years ago and should he match McCaw by winning a second in Paris, there will be a legitimate claim to call him the greatest skipper of all time hot
Certainly, he engenders adoration in South Africa and adulation from the entire rugby world – it is almost impossible to sit in a press conference with him and not be impressed by Kolisi the orator and Siya the man, while he is also a titan on the field hot
"Siya transcends the game of rugby – he’s a symbol of hope for so many,” explains ex-Springbok prop and World Cup winner Tendai Mtawarira hot
“He came from nothing and became somebody iconic in the public eye hot
He means so much for South Africa hot
”Siya Kolisi became the first Black captain to win the men’s Rugby World Cup (Reuters)Yet the man he will shake hands with at the coin toss on Saturday and who will walk his team out less than a metre away has often engendered a very different reaction hot
Fairly or unfairly, Sam Cane has never captured the hearts of the New Zealand public in the same way that Kolisi has in South Africa hot
He’s largely unloved rather than beloved hot
And frankly, it’s not really his fault hot
His only real crime is that he’s not Richie McCaw but arguably the greatest player and certainly the greatest captain of all time is an unreasonably high bar to clear hot
Cane is an exceptional rugby player hot
He would have to be, because you don’t make more than 90 appearances in the All Blacks back row without being incredible, but the often prevailing opinion from supporters was summed up in an on-pitch comment by Ireland flanker/wind-up merchant Peter O’Mahony during the Test series hot between the sides last summer – “you’re just a s*** Richie McCaw”, yelled O’Mahony to the flanker hot
Sam Cane, left, will try to lead the All Blacks to a fourth World Cup title (Reuters)Cane became New Zealand’s starting No 7 when McCaw retired after the 2015 World Cup and assumed the captaincy upon Kieran Read’s departure following the tournament four years later hot
Following in the footsteps of McCaw, who had captained the All Blacks in 110 Tests, winning a ludicrous 97 of them, was an impossible job and he, along with coach Ian Foster, became a fall guy as performance levels and world ranking dropped during this current World Cup cycle hot
There were regular debates about whether Cane deserved a place in New Zealand’s best starting XV, let alone as skipper, and when he was injured during the warm-up of the World Cup opener against France, many on social media rejoiced as they felt it made the side stronger with Dalton Papali’i promoted to the run-on side instead hot
It’s worth noting that France won that game, handing the All Blacks their only loss of the tournament so far hot
Now, they’re in a final and Cane was immense in both the quarter-final and semi-final victories hot
He may not have the raw athleticism of Papali’i but his work ethic, engine, grit, breakdown tenacity and dogged personality perfectly complement the skillsets of back-row teammates Shannon Frizell and Ardie Savea hot
In the narrow quarter-final win over Ireland, Cane topped the tackle charts with 22 and earned a number of timely turnovers in perhaps the performance of his career, while he has a brilliant 94 per cent tackle success rate across the tournament as a whole hot
“I think, personally, Sam is made for these sorts of Test matches, in the tough Test matches he does a great job,” said head coach Foster after the Ireland win hot
Kolisi and Cane will collide again in the World Cup final (Getty Images)Forwards coach Jason Ryan expanded on Cane’s role in the build-up to the final hot
“Sam has really grown as a captain,” said Ryan hot
“He has really fronted in the last couple of weeks on the field hot
He has good conversations and he has a phenomenal leadership group around him as well which is an important part of it hot
”He may never enjoy the unconditional love that his opposing skipper on Saturday does but becoming just the third All Black, after McCaw and 1987 winner David Kirk, to lift the Webb Ellis Cup would silence a lot of doubters hot
Kolisi and Cane have taken different paths to reach this point but when they step onto the Stade de France turf for the Rugby World Cup final, both are playing for the same legendary status hot
More aboutRugby World CupSiya KolisiSam CaneSouth Africa rugbyNew Zealand rugbyAll BlacksJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/4Beloved vs unloved: Contrasting captains collide in World Cup finalBeloved vs unloved: Contrasting captains collide in World Cup finalSiya Kolisi became the first Black captain to win the men’s Rugby World Cup ReutersBeloved vs unloved: Contrasting captains collide in World Cup finalSam Cane, left, will try to lead the All Blacks to a fourth World Cup title REUTERSBeloved vs unloved: Contrasting captains collide in World Cup finalKolisi and Cane will collide again in the World Cup final Getty ImagesBeloved vs unloved: Contrasting captains collide in World Cup finalSiya Kolisi, left, and Sam Cane will captain their sides in pursuit of the Rugby World Cup trophy on Saturday evening Getty Images✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today hot
SubscribeAlready subscribed? Log inMost PopularPopular videosSponsored FeaturesGet in touchContact usOur ProductsSubscribeRegisterNewslettersDonateToday’s EditionInstall our appArchiveOther publicationsInternational editionsIndependent en EspañolIndependent ArabiaIndependent TurkishIndependent PersianIndependent UrduEvening StandardExtrasAdvisorPuzzlesAll topicshot BettingVoucher codesCompareCompetitions and offersIndependent AdvertisingIndependent IgniteSyndicationWorking at The IndependentLegalCode of conduct and complaintsContributorsCookie policyDonations Terms & ConditionsPrivacy noticeUser policiesModern Slavery ActThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inCloseUS EditionChangeUK EditionAsia EditionEdición en EspañolSubscribe{{indy hot
truncatedName}}Log in / Register {{#items}}{{#stampSmall}}{{/stampSmall}}{{#stampClimate}}{{/stampClimate}}{{#stampPremium}}{{/stampPremium}}{{title}}{{#desc}}{{desc}}{{/desc}}{{#children}}{{title}}{{/children}}{{/items}}Indy100Crosswords & PuzzlesMost CommentedNewslettersAsk Me AnythingVirtual EventsVouchersCompare✕Log inEmail addressPasswordEmail and password don't matchSubmitForgotten your password?New to The Independent?RegisterOr if you would prefer:SIGN IN WITH GOOGLEWant an ad-free experience?View offersThis site is protected by reCAPTCHA and the Google Privacy notice and Terms of service apply hot
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