
NPP's Kwadaso Constituency Chairman is dead
4 mins read
2nd August 2023 10:39:08 AM
2 mins readBy: Abigail Ampofo

Recent reports suggest that Sheikh Jassim Bin Hamad Al Thani and Sir Jim Ratcliffe have not received any recent updates regarding their bids to acquire Manchester United.
Concerns have risen that the takeover process for the club might be in a holding pattern, as the Glazer family, who own the club, has not provided further guidance to INEOS, led by Sir Jim Ratcliffe, or Sheikh Jassim's Nine Two Foundation regarding their bids.
One of the bidders mentioned that they have "not been given any guidance at all on what comes next" and noted the lack of communication lately.
Manchester United signaled its openness to potential ownership changes when the Glazer family released a statement indicating they were "exploring strategic alternatives."
The bid process comprised three rounds, with Sheikh Jassim's Nine Two Foundation reportedly submitting a final bid of £6 billion ($7.6 billion) after the May deadline.
Despite these efforts, the Glazers and the Raine Group, handling the sale, did not accept the offers.
Sources cited in the report from the I Paper imply that the Glazers might not find INEOS or the Nine Two Foundation's offers satisfactory.
The Glazers seem to anticipate the club's value to increase further due to upcoming television rights deals and the growing popularity of football in the United States and other regions.
Manchester United recently signed a record-breaking 10-year extension with Adidas worth £900 million ($1.15 billion), the largest kit deal in Premier League history.
In terms of team news, Manchester United is reportedly set to announce the signing of Rasmus Hojlund this week, and they are scheduled to play against Lens at Old Trafford in one of their final pre-season matches.
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