Sir Jim Ratcliffe and Sheikh Jassim bin Hamad al-Thani submitted improved offers shortly before a 9pm deadline but both may be below the Glazers’ asking price
Manchester United
While both sides were keeping the size of their offers close to their chests – and not commenting publicly due to a strict non-disclosure agreement all parties have had to sign – it is widely expected that they will top the highest first-round bid, which was believed to be approximately £4.5bn.
As things stand there are only two publicly declared offers, with Sheikh Jassim having bid for 100% of the club and Ineos targeting the combined Glazer shareholding of around 69%. A third option for the Glazers would be to retain the club but sell a minority stake to a US hedge fund.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australians need Jim Chalmers to get more ambitiousThe treasurer is right: we can’t afford another decade like the last. But that demands a game-changing performance from him, writes John Kehoe.
Read more »
Backbencher speaks out on AUKUS as Labor insists it's united on the nuclear submarine pactFederal Labor is playing down suggestions the party is divided over the government's plans to spend up to $368 billion buying and building a fleet of nuclear-powered submarines.
Read more »
United States calls on Xi to pressure Putin to end warThe White House has urged Xi Jinping to pressure Vladimir Putin to end the war crimes in Ukraine when the pair meet again at the Kremlin.
Read more »
In these suburbs, almost no one is unemployedThe hot jobs market will deliver Jim Chalmers a $3 billion windfall, with parts of Sydney, Melbourne and Brisbane recording rock-bottom rates of unemployment.
Read more »
He's hosted China, Japan and the United States this week. Why is the leader of this small island nation so popular?During the past three days, the office of Solomon Islands Prime Minster Manasseh Sogavare has been like a mini-United Nations. Nick Sas and Chrisnrita Aumanu-leong explain why.
Read more »
Treasury budget called into question over commodity forecasts missing targetsTreasurer Jim Chalmers and the Treasury Budget forecasts must be called into question over last October's Federal Budget with many economists surprised by what looked like pessimistic forecasts for energy and commodity prices. Last year's budget was an extreme case of lowballing with an example being iron ore budget forecast prices – in October they said it would collapse to US $55 a tonne by the end of the first quarter this year. Nearing the end of March and the iron ore price overnight slipped just below $130 a tonne – out by about 130 per cent with the question remaining if the budget will be in surplus this year.
Read more »