{"id":8114,"date":"2023-04-15T12:58:43","date_gmt":"2023-04-15T12:58:43","guid":{"rendered":"https:\/\/kede.com.br\/sport\/manchester-united-takeover-us-based-carlyle-emerges-as-potential-funder\/"},"modified":"2023-04-15T12:58:45","modified_gmt":"2023-04-15T12:58:45","slug":"manchester-united-takeover-us-based-carlyle-emerges-as-potential-funder","status":"publish","type":"post","link":"https:\/\/kede.com.br\/sport\/manchester-united-takeover-us-based-carlyle-emerges-as-potential-funder\/","title":{"rendered":"Manchester United takeover: US-based Carlyle emerges as potential funder"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-reactid=\".1hw23bmqbru.0.0.0.1\">\n<figure class=\"gs-u-mt0 gs-u-mb-alt+ story-body__media story-body__media--figure qa-story-body-media story-body__media--lead\" data-reactid=\".1hw23bmqbru.0.0.0.1.$image-0\"><span class=\"gs-u-display-block story-body__media\" data-reactid=\".1hw23bmqbru.0.0.0.1.$image-0.0\"><span class=\"gs-u-display-block gs-o-responsive-image\" style=\"padding-bottom:56.25%;\" data-reactid=\".1hw23bmqbru.0.0.0.1.$image-0.0.0\"><\/span><\/span><figcaption class=\"gel-brevier gs-u-ph+ gs-u-pv-alt story-body__media__caption story-body__media__caption--image\" data-reactid=\".1hw23bmqbru.0.0.0.1.$image-0.1\">Manchester United are third in the Premier League with nine games remaining<\/figcaption><\/figure>\n<p role=\"introduction\" class=\"qa-introduction gel-pica-bold\" data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-1\"><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-1.0\">Leading US-based private equity group Carlyle is the latest to emerge as a potential funder of Manchester United.<\/span><\/p>\n<div data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-2\">\n<p class=\"\" data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-2.0\"><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-2.0.0\">The potential sale of the club has gone to a third round of bidding.<\/span><\/p>\n<\/div>\n<p class=\"\" data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-3\"><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-3.0\">Sheikh Jassim and Ineos owner Sir Jim Ratcliffe are the only <\/span><a href=\"https:\/\/www.bbc.co.uk\/sport\/football\/65054294\" class=\"story-body__internal-link\" title=\"\" data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-3.$link-2\"><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-3.$link-2.0\">known bidders<\/span><\/a><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-3.3\"> aiming to buy the club, while Finnish businessman Thomas Zilliacus has also <\/span><a href=\"https:\/\/www.bbc.co.uk\/sport\/football\/65279298\" class=\"story-body__internal-link\" title=\"\" data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-3.$link-5\"><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-3.$link-5.0\">expressed interest.<\/span><\/a><\/p>\n<p class=\"\" data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-4\"><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-4.0\">But talks have also taken place with a number of parties about buying a partial stake.<\/span><\/p>\n<p class=\"\" data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-5\"><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-5.0\">Interest from former AC Milan owners Elliott Investment Management has been known for some time, while US investor Sixth Street was reported to still be interested despite denying claims of involvement in the process in January.<\/span><\/p>\n<p class=\"\" data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-6\"><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-6.0\">Respected sources have also suggested Ares Management is keen on making some kind of investment, while BBC Sport has established that Carlyle has also spoken to the Raine Group.<\/span><\/p>\n<p class=\"\" data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-7\"><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-7.0\">It is understood Carlyle&#8217;s involvement would be to buy a stake in the club rather than merely provide financing. Financing would only add to United&#8217;s debt, which in their recently published second-quarter results stood at almost \u00a31bn.<\/span><\/p>\n<figure class=\"gs-u-mt0 gs-u-mb-alt+ story-body__media story-body__media--figure qa-story-body-media\" data-reactid=\".1hw23bmqbru.0.0.0.1.$video-9\"><span class=\"gs-u-display-block story-body__media\" data-reactid=\".1hw23bmqbru.0.0.0.1.$video-9.0\"><span class=\"gs-u-display-block gs-o-responsive-image\" style=\"padding-bottom:56.25%;\" data-reactid=\".1hw23bmqbru.0.0.0.1.$video-9.0.0\"><noscript data-reactid=\".1hw23bmqbru.0.0.0.1.$video-9.0.0.1\"\/><\/span><\/span><figcaption class=\"gel-brevier gs-u-ph+ gs-u-pv-alt story-body__media__caption story-body__media__caption--video\" data-reactid=\".1hw23bmqbru.0.0.0.1.$video-9.1\">Earlier offer &#8216;still on table&#8217; despite third round of bidding &#8211; Zilliacus<\/figcaption><\/figure>\n<p class=\"\" data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-11\"><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-11.0\">The process to explore &#8220;strategic alternatives&#8221; for United began in November, when the Glazer family, who bought the club for \u00a3790m in 2005, announced they were considering selling.<\/span><\/p>\n<p class=\"\" data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-12\"><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-12.0\">The Americans have established a valuation of \u00a35-6bn.<\/span><\/p>\n<p class=\"\" data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-13\"><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-13.0\">As outlined at the beginning of the process, interested parties have been asked to submit a third round of proposals by the end of this month.<\/span><\/p>\n<p class=\"\" data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-14\"><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-14.0\">It is not clear whether the Glazer family will sell the club or retain control.<\/span><\/p>\n<p class=\"\" data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-15\"><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-15.0\">However, confirmation this week that Old Trafford <\/span><a href=\"https:\/\/www.bbc.co.uk\/sport\/football\/65245224\" class=\"story-body__internal-link\" title=\"\" data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-15.$link-2\"><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-15.$link-2.0\">will not host matches at Euro 2028<\/span><\/a><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-15.3\"> despite having the largest capacity of any ground in England apart from Wembley has once again brought into focus the amount required to modernise the ground.<\/span><\/p>\n<p class=\"\" data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-16\"><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-16.0\">It is estimated that cost would be at least \u00a31bn, with some arguing a better option would be to build a new ground close to the current one, as Tottenham decided to do.<\/span><\/p>\n<p class=\"\" data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-17\"><span data-reactid=\".1hw23bmqbru.0.0.0.1.$paragraph-17.0\">Carlyle has declined to comment on its interest in the process.<\/span><\/p>\n<p><span class=\"gs-u-display-block story-body__media gs-u-mb-alt+ qa-story-body-media\" data-reactid=\".1hw23bmqbru.0.0.0.1.$image-19\"><span class=\"gs-u-display-block gs-o-responsive-image\" style=\"padding-bottom:11.875%;\" data-reactid=\".1hw23bmqbru.0.0.0.1.$image-19.0\"><img src=\"https:\/\/ichef.bbci.co.uk\/onesport\/cps\/624\/cpsprodpb\/0847\/production\/_119691120_premier_league_banners_manchester-united.png\" sizes=\"(min-width: 1280px) 800px, (min-width: 900px) 624px, (min-width: 600px) 976px, (min-width: 400px) 624px, 400px\" srcset=\"https:\/\/ichef.bbci.co.uk\/onesport\/cps\/400\/cpsprodpb\/0847\/production\/_119691120_premier_league_banners_manchester-united.png 400w, https:\/\/ichef.bbci.co.uk\/onesport\/cps\/624\/cpsprodpb\/0847\/production\/_119691120_premier_league_banners_manchester-united.png 624w, https:\/\/ichef.bbci.co.uk\/onesport\/cps\/800\/cpsprodpb\/0847\/production\/_119691120_premier_league_banners_manchester-united.png 800w, https:\/\/ichef.bbci.co.uk\/onesport\/cps\/976\/cpsprodpb\/0847\/production\/_119691120_premier_league_banners_manchester-united.png 976w\" alt=\"How to follow Manchester United on the BBC banner\" class=\"qa-srcset-image\" data-reactid=\".1hw23bmqbru.0.0.0.1.$image-19.0.0\"\/><\/span><\/span><span class=\"gs-u-display-block story-body__media gs-u-mb-alt+ qa-story-body-media\" data-reactid=\".1hw23bmqbru.0.0.0.1.$image-21\"><span class=\"gs-u-display-block gs-o-responsive-image\" style=\"padding-bottom:1.6145833333333335%;\" data-reactid=\".1hw23bmqbru.0.0.0.1.$image-21.0\"><img src=\"https:\/\/ichef.bbci.co.uk\/onesport\/cps\/624\/cpsprodpb\/A487\/production\/_119691124_footer_manchester-united.png\" sizes=\"(min-width: 1280px) 800px, (min-width: 900px) 624px, (min-width: 600px) 976px, (min-width: 400px) 624px, 400px\" srcset=\"https:\/\/ichef.bbci.co.uk\/onesport\/cps\/400\/cpsprodpb\/A487\/production\/_119691124_footer_manchester-united.png 400w, https:\/\/ichef.bbci.co.uk\/onesport\/cps\/624\/cpsprodpb\/A487\/production\/_119691124_footer_manchester-united.png 624w, https:\/\/ichef.bbci.co.uk\/onesport\/cps\/800\/cpsprodpb\/A487\/production\/_119691124_footer_manchester-united.png 800w, https:\/\/ichef.bbci.co.uk\/onesport\/cps\/976\/cpsprodpb\/A487\/production\/_119691124_footer_manchester-united.png 976w\" alt=\"Manchester United banner footer\" class=\"qa-srcset-image\" data-reactid=\".1hw23bmqbru.0.0.0.1.$image-21.0.0\"\/><\/span><\/span><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/sport\/football\/65285468?at_medium=RSS&#038;at_campaign=KARANGA\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Manchester United are third in the Premier League with nine games remaining Leading US-based private equity group Carlyle is the latest to emerge as a potential funder of Manchester United. The potential sale of the club has gone to a third round of bidding. Sheikh Jassim and Ineos owner Sir Jim Ratcliffe are the only [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8115,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/kede.com.br\/sport\/wp-json\/wp\/v2\/posts\/8114"}],"collection":[{"href":"https:\/\/kede.com.br\/sport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kede.com.br\/sport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kede.com.br\/sport\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kede.com.br\/sport\/wp-json\/wp\/v2\/comments?post=8114"}],"version-history":[{"count":1,"href":"https:\/\/kede.com.br\/sport\/wp-json\/wp\/v2\/posts\/8114\/revisions"}],"predecessor-version":[{"id":8116,"href":"https:\/\/kede.com.br\/sport\/wp-json\/wp\/v2\/posts\/8114\/revisions\/8116"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kede.com.br\/sport\/wp-json\/wp\/v2\/media\/8115"}],"wp:attachment":[{"href":"https:\/\/kede.com.br\/sport\/wp-json\/wp\/v2\/media?parent=8114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kede.com.br\/sport\/wp-json\/wp\/v2\/categories?post=8114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kede.com.br\/sport\/wp-json\/wp\/v2\/tags?post=8114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}