British billionaire Jim Ratcliffe struck a long awaited deal on Sunday to buy a 25 per cent stake in Manchester United and pledged to invest AED 1.1 billion in the English Premier League soccer club to try to revive its fortunes.
The deal, which will also see Ratcliffe’s INEOS group take over management of the club’s soccer operations, ends more than a year of uncertainty after majority owners, the Glazer family, said in November 2022 they were looking at strategic options.
The Glazers have come under heavy criticism from fans for presiding over a decline in the club’s performance since former manager Alex Ferguson retired in 2013 following a period of unprecedented success.
“As a local boy and a lifelong supporter of the club, I am very pleased that we have been able to agree a deal with the Manchester United Board that delegates us management responsibility of the football operations of the club,” Ratcliffe, 71, said in a statement.
“Whilst the commercial success of the club has ensured there have always been available funds to win trophies at the highest level, this potential has not been fully unlocked in recent times.
“We will bring the global knowledge, expertise and talent from the wider INEOS Sport group to help drive further improvement at the Club, while also providing funds intended to enable future investment into Old Trafford.”
Ratcliffe’s stake purchase at AED 121 per share values the 20 times English champions at AED 23.14 billion including debt, a source familiar with the matter said.
The club said AED 734.5 million of Ratcliffe’s planned investment would be paid on closing of the deal, and a further AED 367.2 million by the end of 2024.
Qatar’s Sheikh Jassim bin Hamad al Thani had also looking at buying the club, but dropped out of the process, saying he would not raise his AED 22 billion offer.
Ratcliffe’s INEOS also owns French Ligue 1 club Nice, Swiss Super League side FC Lausanne-Sport, and works with Racing Club Abidjan of Ivory Coast Ligue One. It is also behind the Grenadiers, one of the world’s most successful cycling teams.
“Sir Jim and INEOS bring a wealth of commercial experience as well as significant financial commitment into the club,” United’s executive chairs Avram Glazer and Joel Glazer said.
“And, through INEOS Sport, Manchester United will have access to seasoned high-performance professionals, experienced in creating and leading elite teams from both inside and outside the game.”
Since Ferguson stepped down, United have cycled through five permanent managers and three caretakers but failed to recapture the glory days, winning one FA Cup, two League Cup trophies and a Europa League title in 11 years.
The Glazers’ adamant stance on not selling the club over the years has become a source of frustration for the fans who clamoured for change and held protests as the club’s net debt soared to over AED 2.2 billion.
The Manchester United Supporters Trust (MUST) welcomed the investment from Ratcliffe but questioned the new structure that will be put in place and demanded a meeting with the INEOS team to understand its plans.
“We note the statements that he and his team will control sporting activities, yet puzzle how any organisation can put its very core business in the hands of a minority shareholder, and how that meaningfully works in practice,” MUST said in a statement.
“It is now incumbent on the club’s owners and management to properly explain how this new structure will work, where the new investment will be directed and how it will benefit the team on the field.”
Under Dutch coach Erik ten Hag, United are eighth in the Premier League table – 12 points off the top – despite a transfer outlay of nearly AED 4 billion euros in the last six years.
They were also knocked out of European competitions after finishing last in their Champions League group.
“We are here for the long term and recognise that a lot of challenges and hard work lie ahead,” Ratcliffe added.
“Our shared ambition is clear: we all want to see Manchester United back where we belong, at the very top of English, European and world football.”
UAE fast bowler Khuzaima Tanveer has credited the DP World ILT20 with accelerating his rise to international cricket, saying the league gave him the confidence and experience needed to represent the UAE on the global stage.
The 26-year-old, who made his international debut earlier this year, believes competing alongside some of the world’s top cricketers helped prepare him for the demands of international cricket.
“Representing the UAE was a proud moment for me and it’s something every young cricketer dreams about. The DP World ILT20 helped prepare me because you’re constantly competing against high-quality players. It gives you confidence that you belong on the international stage,” he said.
Breakthrough performances
Khuzaima announced himself during DP World ILT20 Season 3 with impressive figures of 4/22 against Sharjah Warriorz.
Since joining the Desert Vipers, he has claimed 24 wickets in 18 matches across two seasons. During the Vipers’ title-winning campaign, he finished with 17 wickets, making him the second-highest UAE wicket-taker in the tournament and third overall. He was also shortlisted for the Blue Belt, awarded to the competition’s best UAE player.
Learning from the world’s best
Khuzaima said one of the league’s biggest advantages is the opportunity to learn from elite players and coaches.
“A lot of the learning happens during training sessions, team meetings and conversations. I was fortunate to share the dressing room with Sam Curran, Naseem Shah and Lockie Ferguson. Even small pieces of advice from players like them help you become a better cricketer.”
He also described interacting with legendary fast bowlers Waqar Younis and Wasim Akram as one of the highlights of his career.
Inspired, not compared
While fans have compared his bowling action to Pakistan legend Waqar Younis, Khuzaima insists he is focused on building his own identity.
“Waqar Younis is a legend of the game. If people see similarities, I take it as a compliment, but my focus is on becoming the best version of myself.”
Eyes on future
Now a UAE international, Khuzaima says wearing the national jersey comes with greater responsibility.
“Once you represent the UAE, people expect more from you and you expect more from yourself. My aim is to keep improving, perform consistently and contribute whenever I get the opportunity.”
He also praised UAE captain Muhammad Waseem for setting an example for local players, saying his performances in the DP World ILT20 have shown that Emirati cricketers can compete with the world’s best.
Looking ahead to DP World ILT20 Season 5, Khuzaima hopes to continue developing his game and make the most of every opportunity.
“Every season brings new challenges and new opportunities to learn. My goal is to keep improving, contribute to my team and continue making the most of the opportunities the DP World ILT20 provides.”
Football fans travelling with Emirates this summer won’t have to worry about missing any FIFA World Cup 2026 action. Dubai’s flagship airline Emirates, has announced that it will broadcast every match of the tournament live onboard its flights through Sport24, its dedicated live sports channel available on the award-winning ice entertainment system.
Passengers will be able to follow every moment of the world’s biggest football tournament while flying at 40,000 feet. The move ensures customers can stay connected to the action no matter where they are travelling, with live coverage available throughout the competition.
Emirates said the complete FIFA World Cup 2026 broadcast schedule is featured its ice magazine, allowing passengers to plan their journeys around key fixtures and follow their favourite teams during the tournament.
The live coverage will be available on most Emirates aircraft equipped with Sport24 and Sport24 Extra, although availability may vary depending on aircraft type and route. Selected FIFA World Cup matches will also be shown in Emirates Lounges across Dubai, giving travellers additional opportunities to catch the action before departure.
Mexico City’s iconic Estadio Azteca was transformed into a global stage on Thursday Night as the FIFA World Cup 2026 officially got underway, marking the beginning of the biggest edition in the tournament’s history.
A vibrant opening ceremony showcased a blend of Mexican culture, music and modern spectacle, with performances from international stars including Shakira and Burna Boy. The ceremony was designed to reflect both the heritage of the host nation and the global nature of the tournament, which for the first time will be staged across three countries — Mexico, the United States and Canada.
Before the first whistle of the competition, the atmosphere inside the historic stadium reached a crescendo as thousands of fans filled the stands, waving flags and lighting up the arena in a sea of colour. The Estadio Azteca, already steeped in football history, has now become the first venue in the world to host matches across three separate FIFA World Cups, having previously staged the 1970 and 1986 finals.
In a further highlight of the ceremony, Italian tenor Andrea Bocelli performed the tournament’s official anthem, adding a classical flourish to an evening otherwise defined by high-energy performances and large-scale choreography.
FIFA officials described the opening event as a “symbolic bridge between continents”, underlining the expanded format of the 2026 tournament. For the first time, the World Cup will feature 48 teams — up from 32 — and a total of 104 matches, spread across 16 host cities across North America. The expansion is intended to increase global participation and bring the tournament to a wider range of supporters.
Immediately after the ceremony, hosts Mexico faced South Africa in the tournament’s opening match, kicking off what is expected to be a month-long football spectacle. The match began under heavy security and heightened global attention, with millions watching around the world.
The expanded format has also brought logistical challenges, with teams required to travel across vast distances between venues in multiple countries. Organisers have emphasised investments in transport infrastructure, stadium upgrades and sustainability measures aimed at reducing the environmental footprint of the tournament.
The 2026 edition also arrives at a time when football’s global profile continues to grow rapidly, with record broadcast deals, increased digital streaming access and heightened commercial interest from sponsors. Analysts expect the tournament to break previous viewership records, particularly given its tri-nation hosting model and expanded team lineup.
Estadio Azteca itself remains one of football’s most storied venues. It famously hosted Brazil’s Pelé lifting the trophy in 1970 and Diego Maradona’s “Hand of God” and “Goal of the Century” performances in 1986. Its role in opening the 2026 tournament has been widely seen as a nod to football’s rich history in Mexico, while also signalling a new era for the sport.
As fireworks lit up the Mexico City skyline following the ceremony, attention now turns to the next phase of the tournament’s opening schedule, with matches set to continue across North America in what promises to be the most geographically expansive World Cup ever staged.
For fans, players and organisers alike, the message from Mexico City was clear: the world’s biggest sporting event has begun, and it is set to be bigger, broader and more ambitious than ever before.