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Who is bidding to buy English soccer club Manchester United?

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Who is bidding to buy English soccer club Manchester United?

MANCHESTER, England (AP) — The race to buy Manchester United is taking shape.

Based on the publicly declared bids for one of the world’s most iconic soccer teams, the frontrunners are Qatari banker Sheikh Jassim bin Hamad Al Thani and local boy-turned-billionaire Jim Ratcliffe.

There is also the possibility that the current American owners, the Glazer family, could yet retain control of the team, despite raising hopes among supporters they would finally walk away after repeated attempts by fans to drive them out.

After a second round of bidding last week, Sheikh Jassim and Ratcliffe remain in contention for what is likely to be the biggest ever sale of a sports team, with the price estimated to reach up to $6 billion.

Sheikh Jassim’s latest offer was placed on Friday night, a person with knowledge of the bid said.

The person spoke on the condition of anonymity because they were not authorized to comment publicly.

American merchant bank Raine’s decision to extend the deadline for the rival bidders to fine-tune their second bids has added to the feeling that it is effectively a two-horse race if there is to be an outright takeover of the 20-time English league champions.

Raine is handling the proposed sale on behalf of the Glazers and is also exploring other “strategic alternatives” that may see the family remain in place by selling a minority stake or take up other funding options.

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The Glazers, who also own the Tampa Bay Buccaneers, want the process to be completed in time for the start of the offseason transfer window, when prospective new owners would be expected to invest significantly in the team.

Finnish entrepreneur Thomas Zilliacus declared his interest over the past week. His plans include a 50% shared ownership scheme with fans.

But it is Sheikh Jassim and Ratcliffe who appear to be leading the way.

QATARI SHEIKH

Sheikh Jassim is the chairman of Qatar Islamic Bank and he is the son of a former prime minister.

He has submitted an offer to buy out the Glazer family, with the bid said to be completely separate from Qatari-owned Paris Saint-Germain.

Sheikh Jassim, who is described as a United fan, plans to buy the club through his Nine Two Foundation, which was named after the club’s famed Class of ’92 youth team that produced stars like David Beckham and Ryan Giggs. That was also the year he became a supporter.

While concerns have been raised about Qatar’s human rights record, Sheikh Jassim’s plans will appeal to fans on a number of levels.

He has promised to rid the club of debt, invest 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.”

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Meanwhile, supporters would hope a Qatar-based owner would be able to compete with the exorbitant spending of Manchester City, which is owned by Abu Dhabi’s ruling family and has dominated English soccer for the past 10 years.

JIM RATCLIFFE

The billionaire owner of petrochemicals giant INEOS is one of Britain’s richest people and a United fan since childhood.

Born in Failsworth, Greater Manchester, he says he is focused on United winning the Champions League for the first time since 2008 and making it the “number one club in the world once again.”

Ratcliffe has bid for the Glazers’ stake of about 69%, a person with knowledge of the offer said.

The person spoke on the condition of anonymity because details of the bid have not been made public.

INEOS says it is aiming for “a modern, progressive, fan-centered approach to ownership.”

Ratcliffe is said to be worth $15.1 billion 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.

Last year, he failed in a bid to buy Premier League rival Chelsea.

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ELLIOTT MANAGEMENT

American investment firm Elliott Management is an interesting addition to the process, given it has not made a bid for a full takeover.

Elliott has, however, bid for a minority stake and is prepared to offer capital or finance to other potential buyers, a person with knowledge of the process said.

The person spoke on the condition of anonymity because they were not authorized to comment publicly about the bid.

A minority stake or capital investment could provide a way for the Glazers to remain in control, while carrying out necessary development of United’s iconic, but ageing, Old Trafford stadium.

Elliott took control of AC Milan in 2018, stabilized the storied Italian club’s finances and led it to its first league title in 11 years last season.

Milan was sold to RedBird Capital Partners for about $1.3 billion last year.

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James Robson is at https://twitter.com/jamesalanrobson

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More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports

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Remember last year’s Memorial Day travel jams? Chances are they will be much worse this year

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Remember last year’s Memorial Day travel jams? Chances are they will be much worse this year

The patience of Memorial Day weekend travelers was tested Thursday by widespread delays across the country, but there were relatively few canceled flights, raising hopes that airlines can handle bigger crowds expected Friday.

By early evening on the East Coast, more than 6,000 flights had been delayed Thursday, with the biggest backups at the three major airports in the New York City area and Dallas-Fort Worth International.

 

 

 

 

 

 

Pasha Pidlubniak waits for a domestic flight at Miami International Airport, Thursday, May 23, 2024, in Miami. A record number of Americans are expected to travel over the 2024 Memorial Day holiday. (AP Photo/Lynne Sladky)

 

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Pasha Pidlubniak waits for a domestic flight at Miami International Airport, Thursday, May 23, 2024, in Miami. A record number of Americans are expected to travel over the 2024 Memorial Day holiday. (AP Photo/Lynne Sladky)

 

The Transportation Security Administration predicted that Friday will be the busiest day for air travel over the holiday weekend, with nearly 3 million people expected to pass through airport checkpoints. It could rival the record of 2.9 million, set on the Sunday after Thanksgiving last year.

“Airports are going to be more packed than we have seen in 20 years,” said Aixa Diaz, a spokesperson for AAA.

When they aren’t waiting out flight delays, travelers are reporting sticker shock at the prices.

At Chicago’s O’Hare Airport, Larisa Latimer of New Lenox, Illinois, said her airfare was reasonable but other expenses for a getaway to New Orleans were not.

 

 

 

 

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Motorists travel along Interstate 24 near the Interstate 40 interchange Thursday, May 23, 2024, in Nashville, Tenn. A record number of Americans are expected to hit the pavement over the 2024 Memorial Day holiday. (AP Photo/George Walker IV)

 

Motorists travel along Interstate 24 near the Interstate 40 interchange Thursday, May 23, 2024, in Nashville, Tenn. A record number of Americans are expected to hit the pavement over the 2024 Memorial Day holiday. (AP Photo/George Walker IV)

 

“I just have to make the accommodation,” she said. “The rental car is up … this year, the hotel accommodations were very unusually expensive.”

Kathy Larko of Fort Meyers, Florida, used frequent-flyer miles — and some flexible scheduling — to pay for her trip to Chicago.

“I’m really conscious of looking at the cost of the entire trip. We’re staying a little farther out than we normally would” to get a lower hotel rate, she said. “We’re also flying back a day later, because we could get cheaper miles.”

More travelers will be on the road. AAA estimates that 43.8 million people will venture at least 50 miles (80 kilometers) from home between Thursday and Monday, with 38 million of them taking vehicles.

 
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Travelers wait at a TSA checkpoint at the Los Angeles International Airport, Thursday, May 23, 2024, in Los Angeles. A record number of Americans are expected to travel over the 2024 Memorial Day holiday. (AP Photo/Ryan Sun)

 

Travelers wait at a TSA checkpoint at the Los Angeles International Airport, Thursday, May 23, 2024, in Los Angeles. A record number of Americans are expected to travel over the 2024 Memorial Day holiday. (AP Photo/Ryan Sun)

 

Airport unions are using the holiday weekend to highlight their demands.

About 100 workers who clean airplane cabins and drive trash trucks at the airport in Charlotte, North Carolina, started a 24-hour strike Thursday, demanding better pay and healthcare, according to the Service Employees International Union. About 15% of flights were delayed, but it was unclear whether the strike played any role.

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A planned strike at John F. Kennedy Airport in New York was averted, however. Teamsters Local 553, which represents about 300 workers who refuel passenger and cargo jets at JFK, said that it reached a settlement with Allied Aviation Services and called off a walkout planned for Friday.

 

 

 

 

 

 

George Ridley, 4, left, rides on a suitcase as he and his father Chris Ridley make their way through the Nashville international Airport, Thursday, May 23, 2024, in Nashville, Tenn. A record number of Americans are expected to travel over the 2024 Memorial Day holiday. (AP Photo/George Walker IV)

 

George Ridley, 4, left, rides on a suitcase as he and his father Chris Ridley make their way through the Nashville international Airport, Thursday, May 23, 2024, in Nashville, Tenn. A record number of Americans are expected to travel over the 2024 Memorial Day holiday. (AP Photo/George Walker IV)

 

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“We are happy an agreement has been reached, a need for a strike averted, and we are hopeful that the deal will be ratified by our members,” said Demos Demopoulos, the secretary-treasurer of the local.

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Associated Press video journalist Melissa Perez Winder in Chicago and Associated Press radio reporter Shelley Adler in Washington contributed to this report.

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Texas health department appoints anti-abortion OB-GYN to maternal mortality committee

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Texas health department appoints anti-abortion OB-GYN to maternal mortality committee

AUSTIN, Texas (AP) — Texas’ health department has appointed an outspoken anti-abortion OB-GYN to a committee that reviews pregnancy-related deaths as doctors have been warning that the state’s restrictive abortion ban puts women’s lives at risk.

Dr. Ingrid Skop was among the new appointees to the Texas Maternal Morality and Morbidity Review Committee announced last week by the Texas Department of State Health Services. Her term starts June 1.

The committee, which compiles data on pregnancy-related deaths, makes recommendations to the Legislature on best practices and policy changes and is expected to assess the impact of abortion laws on maternal mortality.

Skop, who has worked as an OB-GYN for over three decades, is vice president and director of medical affairs for the Charlotte Lozier Institute, an anti-abortion research group. Skop will be the committee’s rural representative.

Skop, who has worked in San Antonio for most of her career, told the Houston Chronicle that she has “often cared for women traveling long distances from rural Texas maternity deserts, including women suffering complications from abortions.”

Texas has one of the most restrictive abortion bans in the U.S., and doctors have sought clarity on the state’s medical exemption, which allows an abortion to save a woman’s life or prevent the impairment of a major bodily function. Doctors have said the exemption is too vague, making it difficult to offer life-saving care for fear of repercussions. A doctor convicted of providing an illegal abortion in Texas can face up to 99 years in prison and a $100,000 fine and lose their medical license.

Skop has said medical associations are not giving doctors the proper guidance on the matter. She has also shared more controversial views, saying during a congressional hearing in 2021 that rape or incest victims as young as 9 or 10 could carry pregnancies to term.

Texas’ abortion ban has no exemption for cases of rape or incest.

The American College of Obstetricians and Gynecologists, which says abortion is “inherently tied to maternal health,” said in a statement that members of the Texas committee should be “unbiased, free of conflicts of interest and focused on the appropriate standards of care.” The organization noted that bias against abortion has already led to “compromised” analyses, citing a research articles co-authored by Skop and others affiliated with the Charlotte Lozier Institute.

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Earlier this year a medical journal retracted studies supported by the Charlotte Lozier Institute claiming to show harms of the abortion pill mifepristone, citing conflicts of interests by the authors and flaws in their research. Two of the studies were cited in a pivotal Texas court ruling that has threatened access to the drug.

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Michigan farmworker diagnosed with bird flu, becoming 2nd US case tied to dairy cows

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Michigan farmworker diagnosed with bird flu, becoming 2nd US case tied to dairy cows

A Michigan dairy worker has been diagnosed with bird flu — the second human case associated with an outbreak in U.S. dairy cows.

The male worker had been in contact with cows at a farm with infected animals. He experienced mild eye symptoms and has recovered, U.S. and Michigan health officials said in announcing the case Wednesday.

A nasal swab from the person tested negative for the virus, but an eye swab tested Tuesday was positive for bird flu, “indicating an eye infection,” U.S. Centers for Disease Control and Prevention officials said.

The worker developed a “gritty feeling” in his eye earlier this month but it was a “very mild case,” said Dr. Natasha Bagdasarian, Michigan’s chief medical executive. He was not treated with oseltamivir, a medication advised for treating bird flu, she said.

The risk to the public remains low, but farmworkers exposed to infected animals are at higher risk, health officials said. They said those workers should be offered protective equipment, especially for their eyes.

Health officials say they do not know if the Michigan farmworker was wearing protective eyewear, but an investigation is continuing.

In late March, a farmworker in Texas was diagnosed in what officials called the first known instance globally of a person catching this version of bird flu from a mammal. That patient reported only eye inflammation and recovered.

Since 2020, a bird flu virus has been spreading among more animal species — including dogs, cats, skunks, bears and even seals and porpoises — in scores of countries.

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The detection in U.S. livestock earlier this year was an unexpected twist that sparked questions about food safety and whether it would start spreading among humans.

That hasn’t happened, although there’s been a steady increase of reported infections in cows. As of Wednesday, the virus had been confirmed in 51 dairy herds in nine states, according to the U.S. Agriculture Department. Fifteen of the herds were in Michigan.

The CDC’s Dr. Nirav Shah said the case was “not unexpected” and it’s possible more infections could be diagnosed in people who work around infected cows.

U.S. officials said they had tested 40 people since the first cow cases were discovered in late March. Michigan has tested 35 of them, Bagdasarian told The Associated Press in an interview.

Shah praised Michigan officials for actively monitoring farmworkers. He said health officials there have been sending daily text messages to workers exposed to infected cows asking about possible symptoms, and that the effort helped officials catch this infection. He said no other workers had reported symptoms.

That’s encouraging news, said Michael Osterholm, a University of Minnesota epidemiologist who has studied bird flu for decades. There’s no sign to date that the virus is causing flu-like illness or that it is spreading among people.

“If we had four or five people seriously ill with respiratory illness, we would be picking that up,” he said.

The virus has been found in high levels in the raw milk of infected cows, but government officials say pasteurized products sold in grocery stores are safe because heat treatment has been confirmed to kill the virus.

The new case marks the third time a person in the United States has been diagnosed with what’s known as Type A H5N1 virus. In 2022, a prison inmate in a work program picked it up while killing infected birds at a poultry farm in Montrose County, Colorado. His only symptom was fatigue, and he recovered. That predated the virus’s appearance in cows.

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The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group. The AP is solely responsible for all content.

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