Boyhood Man Utd fan Sir Jim Ratcliffe poised to secure 25 per cent stake
The Glazer family’s search for new investors in Manchester United reaches the one-year mark on Wednesday, with boyhood fan Sir Jim Ratcliffe still poised to take a 25 per cent stake in the club in the coming days. The United owners announced on November 22 last year – during the Premier League’s World Cup recess – that they were “exploring strategic options” including a full sale of the club. One year on, Ratcliffe, the billionaire founder of chemicals company Ineos, is understood to be on the verge of a £1.25billion deal to secure a 25 per cent stake in United, but sources have indicated that an announcement may not come now until next week. If, as is anticipated, no deal is announced on the New York Stock Exchange on Wednesday, Monday would be the next earliest date that anything could be confirmed, with the Thanksgiving holiday period in the United States starting on Thursday. Ratcliffe is set to acquire significant control of football operations at United as part of his investment when it is ultimately confirmed, while it has also been reported that he would provide an additional £245million to upgrade club infrastructure. A takeover had been on the cards at one stage, with Ratcliffe and Qatari businessman Sheikh Jassim the two publicly announced figures in contention to complete a buyout of the Glazers. Sheikh Jassim’s interest was first confirmed in February, but he withdrew from the process last month. The Sheikh Jassim bid was understood to have eventually reached around double the 3.2billion dollar (£2.6bn) market valuation of the Premier League club as it stood in October. The Qatari was believed to have also been prepared to pledge an additional 1.7bn dollars (£1.4bn) for infrastructure projects. The Glazers took over at United with a £790m leveraged buy-out in 2005, but throughout their tenure have faced significant opposition from supporters, which has only grown in recent years at a club that have not won the Premier League since 2013. Tensions rose noticeably in 2021 when the owners were heavily involved in plans to launch a European Super League, which were swiftly abandoned amid fan protests and opposition from football’s domestic and international governing bodies. United announced last week that Richard Arnold was stepping down as chief executive after less than two years in the job. Sources close to Ineos indicated they were not involved in Arnold’s departure, but it seems likely that further changes would be afoot once the deal is signed. Read More Saracens issue Ben Earl Six Nations injury update Gareth Southgate reveals what he learned from England’s November double-header Kyle Walker urges England to get mentality right in bid for Euro 2024 glory Phil Taylor to retire at the end of World Senior Darts Tour in 2024 On this day in 2007: England fail to qualify for Euro 2008 after Croatia defeat Jalen Hurts grabs double as Philadelphia Eagles avenge Super Bowl loss
2023-11-22 00:18
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There’s an exact number of people required to colonise Mars – and it may surprise you
When he’s not making radical, controversial changes to Twitter/X, Elon Musk is eyeing up plans to colonise Mars in the coming years with his company SpaceX – and now a team of researchers at the Virginia-based George Mason University claims it has found out the minimum number of people needed to successfully takeover the red planet. In the study – the results of which were published to the research platform Arxiv in August - the academics established a model to find out the ‘initial population size’ required on Mars to produce a “stable colony size”. They ran the model five times for 28 Earth years, and increased the population by 10 people each time - from 10 to 170 individuals. “Given that there are four critical tasks that are needed continuously (air, water, food production and waste removal) in addition to handling disasters, and two skills needed for each task, we chose a population size of 10 as the minimum needed for a ‘stable’ colony size. “The population is allowed to dip below 10 as long as it bounces back within 1.5 years, or the amount of time between Earth resupply shuttles.” The test found all initial population sizes over 50 were able to sustain a population of at least 10 people across the time period, and that the bare minimum number to meet that criteria is at least 22 people. There you go, Elon. You’re welcome. It’s certainly a decrease in the minimum number previously suspected by French researcher Jean-Marc Salotti in June 2020 – that was the rather astronomical figure (sorry) of at least 110 people. And the Virginia researchers didn’t stop there, either, as they also took a look at the personality types best placed to handle the highly stressful environment that is living on a completely different planet. There’s four: “agreeables”: low competitiveness and aggressiveness, and not fixated on “stringent routine “socials”: medium competitiveness, extroverted, require social interaction but not fixated on stringent routines “reactives”: medium competitiveness and fixed on stringent routines “neurotics”: high competitiveness, highly aggressive and a “challenged ability to adapt to boredom or a change in routine” Perhaps unsurprisingly, the “agreeables” came out on top. The researchers added: “In all runs, the Agreeable personality type was the only one to survive the full duration of model runs. This is likely because it has the highest coping capability.” Their results found that while the “neurotic” was “most likely to fail”, and both “reactives” and “socials” fluctuated, the “agreeables” was the “most resilient”. “While this model assigns equal numbers of each personality type, future work could try adjusting the proportion of each to possibly lead to a lower required minimum initial population. For example, a crew of all Agreeable personalities may be more successful,” they suggest. Musk, meanwhile, said earlier this year that he was optimistic humans landing on Mars was "possible" in the next five years, and "highly likely" in a decade. Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-09-03 00:21
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