{"id":583326,"date":"2023-02-19T00:00:00","date_gmt":"2023-02-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/the-battle-for-man-utd-ownership-heats-up-netflix-drops-its-surprise-me-button\/"},"modified":"2023-02-19T00:00:00","modified_gmt":"2023-02-19T00:00:00","slug":"the-battle-for-man-utd-ownership-heats-up-netflix-drops-its-surprise-me-button","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/the-battle-for-man-utd-ownership-heats-up-netflix-drops-its-surprise-me-button\/","title":{"rendered":"The battle for Man Utd ownership heats up + Netflix drops its Surprise Me button"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><\/span><span style=\"font-weight:700\"> The race to become Manchester United's new owner is heating up:<\/span><span>British b\u2019naire Jim Ratcliffe and Qatar\u2019s Sheikh Jassim bin Hamad Al Thani have both submitted bids to acquire the Premier League club. Ratcliffe, the chairman of INEOS and a lifelong Man Utd supporter, made a bid for a majority stake in the Glazer family-owned club, and hired JPMorgan and Goldman Sachs to advise on the transaction, the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.telegraph.co.uk\/football\/2023\/02\/17\/manchester-united-takeover-sir-jim-ratcliffe-enters-race-bid\/\" style=\"\">Telegraph<\/a><\/span><span> reported. Meanwhile, Sheikh Jassim, the son of Qatar's former Prime Minister and the chairman of one of Qatar's biggest banks, said he wants to buy the Red Devils club outright with a debt-free investment, according to the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ft.com\/content\/47caa586-3e0e-432f-b926-17fb1f1761d6\" style=\"\">Financial Times<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">US investment giant also wants in on the action:<\/span><span> US-based hedge fund Elliott Investment Management said has also made a last-ditch entry into the bidding battle, the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.thetimes.co.uk\/article\/manchester-uniteds-lgbtq-fans-concerned-over-potential-new-owners-9dtl0t2hx?utm_medium=Social\" style=\"\">Times<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/article\/soccer-england-mun-elliott\/u-s-hedge-fund-elliott-enters-5-billion-stg-bidding-battle-for-manchester-united-the-times-idUSL4N34Y0DN\" style=\"\"><\/a><\/span><span style=\"font-weight:400;\">reported. But the group, who previously owned AC Milan reportedly doesn't want to buy the team outright. Instead, they want to help provide financing for the bidding process. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">How much will it cost? <\/span><span>The Glazer family has made it clear that they will not negotiate a price lower than GBP 6 bn<\/span><span style=\"font-weight:700\">, <\/span><span>according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.thesun.co.uk\/sport\/21435466\/man-utd-glazers-refuse-valuation-jassim-ratcliffe-bids\/\" style=\"\">The Sun.<\/a><\/span><span style=\"font-weight:400;\"> \u201cIt\u2019s possible they are keener on a partial sale rather than a full one at this stage \u2014 as that might value the club higher,\u201d the paper quoted a source it says has inside knowledge of the matter as saying. Shares of the New-York listed club registered record highs of USD 26.50 last week, according to FT. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><\/span><span style=\"font-weight:700\"> Say goodbye to Netflix\u2019s Surprise Me button: <\/span><span style=\"\">The streaming giant quietly nixed the <\/span><span>feature \u2014 which was introduced in 2021 under the name Play Something \u2014 last month because it was being underutilized, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wsj.com\/articles\/netflix-sunsets-surprise-me-shuffle-play-button-6d29cf2a?mod=hp_minor_pos2\" style=\"\">The Wall Street Journal<\/a><\/span><span style=\"font-weight:400;\"> reports. The button was introduced to help users pick something to watch from the thousands of available options but was ultimately discontinued since customers usually access the service seeking a specific film, series or genre, which reduces the feature\u2019s appeal. \u201cWe will continue to explore other ways to give members more options and ways to explore and discover content they want to watch,\u201d a Netflix spokesperson said in a statement. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The race to become Manchester United's new owner is heating up:British b\u2019naire Jim Ratcliffe and Qatar\u2019s Sheikh Jassim bin Hamad Al Thani have both submitted bids to acquire the Premier League club. Ratcliffe, the chairman of INEOS and a lifelong Man Utd supporter, made a bid for a majority stake in the Glazer family-owned club, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":583327,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[633,638,6783,640,296],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-583326","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-enterprisepm","tag-for-your-commute","tag-jim-ratcliffe","tag-netflix","tag-qatar","wpautop","entry"],"acf":{"mongo_id":"27f4ea9d-e93d-428e-8a26-ea7ebc79eeee","is_powered_by":false,"story_type":"1","photo_url":"http:\/\/enterprise.press\/wp-content\/uploads\/2023\/02\/glazersout_1600.jpg","photo_position":"below","homepage_title":"","full_issue_title":"","related_issue":[583321],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.c351f883-f89c-4622-a5c5-68d033d27530.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The battle for Man Utd ownership heats up + Netflix drops its Surprise Me button - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/19\/the-battle-for-man-utd-ownership-heats-up-netflix-drops-its-surprise-me-button\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The battle for Man Utd ownership heats up + Netflix drops its Surprise Me button\" \/>\n<meta property=\"og:description\" content=\"The race to become Manchester United&#039;s new owner is heating up:British b\u2019naire Jim Ratcliffe and Qatar\u2019s Sheikh Jassim bin Hamad Al Thani have both submitted bids to acquire the Premier League club. 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