Monahan tells US lawmakers that PGA Tour was left on its own to fend off Saudis
PGA Tour Commissioner Jay Monahan is telling U.S. lawmakers the tour was left on its own to fend off a Saudi invasion into golf
2023-06-13 23:53
BBC, ITV Inch Closer to Deal to Avoid Women’s World Cup Blackout
FIFA and UK broadcasters BBC and ITV Plc are inching closer to a deal that would see them
2023-06-13 18:25
Sheikh Jassim waiting to hear if final offer to buy Man Utd has been successful
Sheikh Jassim is still waiting to hear whether his fifth and final offer for Manchester United has been successful, according to sources close to the Qatari. Recent reports within Qatar had indicated that the Sheikh’s bid – which is for 100 per cent of the club – had seen off the bid from Ineos founder Sir Jim Ratcliffe. However, the Sheikh Jassim camp described those reports as pure speculation and say they remain in a ‘holding pattern’. They expect the next step will be for the United board to meet and consider both bids. United have been approached for comment. Sheikh Jassim’s fifth bid was made last week, but at the same time it was made clear to the Glazer family – who own the club – and to the Raine merchant banking group which is overseeing the sale that he would not engage with the process beyond last Friday. The Qataris are eager to get the deal done with the summer transfer window about to kick into gear. Sheikh Jassim’s bid is understood to be a fully cash deal for 100 per cent of the club, and that all United’s debts would be cleared. Sources close to the Sheikh’s bid say that separate, additional funding would be made available for player recruitment, infrastructure and other investment needs. The Glazers first announced their intention to consider a sale of the club in November last year, with the first bids from Ratcliffe and Sheikh Jassim tabled in February. There have been reports that Ratcliffe’s offer is for 60 per cent of the club, with Avram and Joel Glazer retaining a combined 20 per cent stake, but sources close to Ratcliffe have not confirmed this. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-06-13 17:45
Singapore Airlines’ Stock Tops Global Peers on Record Profits
Singapore Airlines Ltd.’s 32% rally in the past three months tops gains among global airline stocks after it
2023-06-13 13:23
Gen Z and Millennials are scrimping. Boomers? Living it up
Baby Boomers are living it up, splurging on cruises and restaurants. Younger Americans are struggling just to keep up.
2023-06-13 01:18
The Athletic Laying Off Nearly 20 Reporters As It Changes Coverage Approach
Layoffs hit The Athletic.
2023-06-13 00:27
Senator asks LIV Golf, PGA Tour leaders for records on merger
The leader of a Senate subcommittee wants the PGA Tour and Saudi Arabia’s LIV Golf to present records about negotiations that led to their new agreement and plans for what golf will look like under the arrangement
2023-06-13 00:22
Trump’s 2024 Rivals Woo Billionaires to Counter His Loyal Donors
Republican presidential candidates face a crucial, early test next month of whether they can raise enough money to
2023-06-12 18:24
Qatar’s Top Dealmakers Get Ready for a Spending Power Boost
Qatar is targeting more investment in new frontiers and sectors like technology and health care, as high demand
2023-06-12 12:18
Odey Asset Management sets out replacement plans for Crispin Odey
LONDON Odey Asset Management Partnership has started its replacement plan for Crispin Odey after severing "personal and economic
2023-06-12 06:15
Saudi Arabia’s Golf Deal Puts Biden and PGA in Same Awkward Position
The PGA Tour and President Joe Biden have learned the same hard lesson in recent months: Saudi Arabia
2023-06-12 05:23
Manufacturing is sputtering in the world's largest economies
Manufacturers around the world are contending with weakening demand as the economic outlook for the industry darkens.
2023-06-11 22:26