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Saudis join race to buy Manchester United

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Saudi Arabia has joined the race to buy Manchester United ahead of Friday’s nominal deadline, according to a report in Britain’s Daily Telegraph, raising the stakes in what could be the most lucrative deal in sports history.

The American Glazer family, who completed their takeover of the 20-times English champions in 2005, announced in November that they were open to a sale or investment.

British billionaire Jim Ratcliffe’s Ineos company officially joined the race to buy the club last month — the only bidder to publicly declare an interest so far.

There have, however, been numerous suggestions of a possible Qatar bid, with The Guardian reporting the state’s ruler, Sheikh Tamim bin Hamad Al-Thani, was interested in buying United, just weeks after the energy-rich Gulf nation hosted the World Cup.

But with United’s shares traded on the New York Stock Exchange, brokers acting for the club will be obliged to consider offers even after Friday’s ‘soft’ deadline expires.

The Glazers had signalled they were open to both minority investment and a full takeover but the latter now appears to be their preferred option.

Deeply unpopular with supporters since they saddled the club with huge debts in a £790 million ($961m) leveraged takeover in 2005, the Glazers further angered fans by backing the failed European Super League project in 2021.

United have partnered with Saudi Telecom, the country’s biggest telecommunications company, before.

The Telegraph reported sources close to the country’s £515 billion Public Investment Fund (PIF) had played down the likelihood of a state-backed bid to the regime given their existing involvement at rival Premier League club Newcastle United.

According to reports, the Glazers are seeking £6 billion for the three-time European champions, which would smash the record fee for a football club set by Chelsea last year.

A consortium led by LA Dodgers co-owner Todd Boehly and private equity firm Clearlake Capital paid £2.5 billion for the Blues with a further £1.75 billion promised in further investment in infrastructure and players.

Any Saudi Arabian investment at United would prompt outrage from human rights groups who have spoken out against the Gulf state following the 2018 murder of journalist Jamal Khashoggi.

A Qatari takeover would be opposed on similar grounds, with Peter Frankental, Amnesty UK’s economic affairs director, saying it would represent “a continuation of this state-backed sportswashing project”.

A successful Qatari bid would raise sporting questions as well, given the emirate also controls one of the club’s European rivals, Paris Saint-Germain.

Manchester United have not won the Premier League since 2013 and have failed to win any silverware since 2017.

They are third in the Premier League this season after an improvement in form under manager Erik ten Hag, who took over before the start of the current campaign.

Saudis join race to buy Manchester United

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Africa

Customs hands over illicit drugs worth N117.59m to NDLEA

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Customs hands over illicit drugs worth N117.59m to NDLEA

The Nigeria Customs Service (NCS), Ogun Area 1 Command, has handed over illicit drugs worth N117.59 million to the National Drug Law Enforcement Agency (NDLEA).

The Comptroller of the command, Mr James Ojo, disclosed this during the handing over of the drugs to Mr Olusegun Adeyeye, the Commander of NDLEA, Idiroko Special Area Command, in Abeokuta, Ogun, on Friday.

Ojo said the customs handed over the seized cannabis and tramadol tablets to the Idiroko Special Command for further investigation in line with the standard operating procedures and inter-agency collaboration.

He said the illicit drugs were seized  in various strategic locations between January and November 21, 2024, in Ogun State.

He added that the illicit drugs were abandoned at various locations, including the Abeokuta axis, the Agbawo/Igankoto area of Yewa North Local Government Area, and Imeko Afton axis.

Ojo said that the seizure of the cannabis sativa and tramaling tablets, another brand of tramadol, was made possible through credible intelligence and strategic operations of the customs personnel.

“The successful interception of these dangerous substances would not have been possible without the robust collaboration and support from our intelligence units, local informants and sister agencies.

“These landmark operations are testament to the unwavering dedication of the NCS to safeguard the health and well-being of our citizens and uphold the rule of law,” he said.

He said the seizures comprised 403 sacks and 6,504 parcels, weighing 7,217.7 kg and 362 packs of tramaling tablets of 225mg each, with a total Duty Paid Value of N117,587,405,00.

He described the height of illicit drugs smuggling in the recent time as worrisome.

This, he said, underscores the severity of drug trafficking within the borders.

“Between Oct. 13 and Nov. 12 alone, operatives intercepted a total of 1,373 parcels of cannabis sativa, weighing 1,337kg and 362 packs of tramaling tablets of 225mg each,” he said.

Ojo said the seizures had  disrupted the supply chain of illicit drugs, thereby mitigating the risks those substances posed to the youth, families and communities.

He lauded the synergy between its command, security agencies and other stakeholders that led to the remarkable achievements.

Ojo also commended the Comptroller General of NCS for creating an enabling environment for the command to achieve the success.

Responding, Adeyeye, applauded the customs for achieving the feat.

Adeyeye pledged to continue to collaborate with the customs to fight against illicit trade and drug trafficking in the state.

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Africa

Ann-Kio Briggs Faults Tinubu for Scrapping Niger Delta Ministry

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Prominent Niger Delta human rights activist and environmentalist, Ann-Kio Briggs, has criticised President Bola Tinubu’s decision to scrap the Ministry of Niger Delta, describing it as ill-advised and detrimental to the oil-rich region.

Briggs expressed her concerns during an appearance on Inside Sources with Laolu Akande, a socio-political programme aired on Channels Television.

“The Ministry of Niger Delta was created by the late (President Umaru) Yar’Adua. There was a reason for the creation. So, just removing it because the president was advised. I want to believe that he was advised because if he did it by himself, that would be terribly wrong,” she stated.

President Tinubu, in October, dissolved the Ministry of Niger Delta and replaced it with the Ministry of Regional Development, which is tasked with overseeing all regional development commissions, including the Niger Delta Development Commission (NDDC), North-West Development Commission, and North-East Development Commission.

Briggs questioned the rationale behind the restructuring, expressing concerns about its feasibility and implications. “But that’s not going to be the solution because who is going to fund the commissions? Is it the regions because it is called the Regional Development Ministry? Is it the states in the regions? What are the regions because we don’t work with regions right now; we are working with geopolitical zones,” she remarked.

She added, “Are we going back to regionalism? If we are, we have to discuss it. The president can’t decide on his own to restructure Nigeria. If we are restructuring Nigeria, the president alone can’t restructure Nigeria, he has to take my opinion and your opinion into consideration.”

Briggs also decried the longstanding neglect of the Niger Delta despite its significant contributions to Nigeria’s economy since 1958. “The Niger Delta has been developing Nigeria since 1958. We want to use our resources to develop our region; let regions use their resources to develop themselves,” she asserted.

Reflecting on the various bodies established to address the region’s development, Briggs lamented their failure to deliver meaningful progress. She highlighted the Niger Delta Basin Authority, the Oil Mineral Producing Areas Development Commission (OMPADEC), and the NDDC as examples of ineffective interventions.

“NDDC was created by Olusegun Obasanjo…There was OMPADEC before NDDC. OMPADEC was an agency. Before OMPADEC, there was the Basin Authority…These authorities were created to help us. Were we helped by those authorities? No, we were not,” she said.

Briggs further described the NDDC as an “ATM for failed politicians, disgruntled politicians, and politicians that have had their electoral wins taken away from them and given to somebody else.”

Her remarks underscore the deep-seated frustrations in the Niger Delta, where residents continue to advocate for greater control over their resources and improved governance.

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Nigerian-British Bodybuilder Samson Dauda Wins 2024 Mr Olympia, Secures Historic $600,000 Prize

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Nigerian-British Bodybuilder Samson Dauda Wins 2024 Mr Olympia, Secures Historic $600,000 Prize

Nigerian-British bodybuilder Samson Dauda has claimed the prestigious 2024 Mr Olympia title, making history with a record-breaking $600,000 prize—the largest ever awarded in the sport.

The thrilling finale of the 2024 Olympia competition took place at the Resorts World Theatre in Las Vegas, United States, where Dauda faced off against 15 of the world’s top bodybuilders.

After an intense contest, Dauda secured the top spot, surpassing runner-up Hadi Choopan and 2023 champion Derek Lunsford, who finished third.

Dauda’s journey to bodybuilding stardom began in Lagos, Nigeria, where he was born, before moving to the United Kingdom during his teenage years. Initially a rugby player, he discovered bodybuilding through the encouragement of his teammates.

In 2017, Dauda earned his IFBB Pro card after winning the overall title at the IFBB Amateur Diamond Cup in Rome, marking a turning point in his career. He made his professional debut the following year at the EVLS Prague Showdown, finishing 5th.

His first major win as an IFBB Pro came in 2021 at the EVLS Prague Pro, which earned him a qualification for the 2022 Mr. Olympia competition, where he placed 6th in his debut.

Now, as the 2024 Mr Olympia champion, Dauda has cemented his place among bodybuilding’s elite, achieving a landmark victory in the sport.

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