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Manchester United could be bought out for $6 billion by Qatari sheikh

Manchester United could be bought out for $6 billion by Qatari sheikh
Feb 23 2023 Share

Sheikh Jassim Bin Hamad J.J. Al Thani, the third son of Qatar’s former prime minister Hamad bin Jassim bin Jaber Al Thani, made headlines when he announced his multi-billion-pound bid for Manchester United. 

While he had no Wikipedia entry prior to the announcement, he has become the face of what some see as the leading bid for the football club. 

Sheikh Jassim has hired Bank of America Corp. as one of the advisers for his bid, and he is backed by almost unlimited wealth.

Sheikh Jassim’s offer for Manchester United, which is currently owned by the Glazer family, could value the club at about £5 billion ($6 billion), surpassing the record price paid for the Denver Broncos NFL team. 

Sheikh Jassim has been involved in various business enterprises with close ties to the government and has held positions on the boards of some of the largest Qatari companies, including Qatar Islamic Bank and Qatar Navigation.

If Sheikh Jassim succeeds in his bid, he will have to navigate his family’s deal with the Glazer family, who have been considering their investment in the club since last year. 

The Glazer family purchased Manchester United in a 2005 leveraged buyout, which saddled the club with massive debts, and they have faced distrust from hardcore supporters ever since. 

Sheikh Jassim will also have to convince UEFA that the source of his wealth is not linked to Paris St. Germain, currently owned by Qatar Sports Investments.

While Sheikh Jassim’s bid for Manchester United has made headlines, he will face rivals wherever he turns, including Manchester City and Newcastle United, who are currently undergoing a renaissance funded by the Saudi wealth fund.

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Here’s what caused this morning’s fog all over Malta

Here’s what caused this morning’s fog all over Malta
Feb 23 2023 Share

Head of the Facebook weather page ‘It-Temp Madwarna’ Samuel Cutajar gave MaltaDaily a brief explanation as to what caused the intense fog this morning all over the Maltese islands. 

Cutajar explained how the fog that formed was the weather phenomenon that occurs when the forecasted day is a sunny one. The fog is also usually a prelude to a couple of very hot days, with the force of wind registered as absolutely calm at 0.

The cold air precipitates downwards due to being heavier than the hotter air, explained Cutajar. The fog is more intense in low altitude zones such as valleys and central regions. 

Despite today’s fog being dense enough to cover even high altitude areas, the phenomenon usually decreases when one moves higher and closer to the sea. 

As the day progresses and becomes hotter, the sun heats the air and thus disintegrates the fog. ‘Fog is nothing but a cloud which forms upside down’ he explained. 

This occurs due to inversion, which is when cold air drops lower than warm air as opposed to normal. 

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Maxine Attard Aquilina welcomes baby James into the world

Maxine Attard Aquilina welcomes baby James into the world
Feb 23 2023 Share

Performer, charity founder and former Malta’s Got Talent judge Maxine Aquilina has just welcomed baby James into the world with her husband Adrian Attard. 

‘Every good and perfect gift is from above’ wrote Maxine, quoting James 1:17. ‘Our perfect baby is here. You are loved beyond measure, Baby James. 

 

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A post shared by Maxine Attard (@maxine_aquilina)

The post racked up several congratulatory comments by friends and family as well as some familiar public faces. 

On behalf of MaltaDaily, we congratulate Maxine and Adrian on the introduction of their new family member! 

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DonPe’ Carnival Company declared as Malta Carnival 2023 champions

DonPe’ Carnival Company declared as Malta Carnival 2023 champions
Feb 23 2023 Share

‘The Masters of Rock’, as created by DonPe’ Carnival Company’s Antoine Grech and Donald Balzan won the first prize in the Triumphal Floats Section ‘A’  during this year’s Valletta carnival. 

The second award was bagged by Triton Carnival Company’s ‘Ħlomt b’Karattri Partikolari u bil-Lapes Saru Reali’ (I dreamt of particular characters and they became real through the pencil).

 

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And in third place was ‘Pajjiżi Magħruifn Kemm għadd-Daqq u Anke għaż-Żfin’ (My country is known for music and dance), by Ta’ Nena Carnival Group. 

The carnival also awarded various other competitors in various floats sections, children’s companies and dance companies. Grotesque masks, artistic installations were also awarded for their ingenuity. 

You can find the full list of winners on the official Festivals Malta page. Congratulations to all involved! 

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