British billionaire, chemical engineer and founder/CEO of INEOS.
Across multiple reports, football clubs reveal major stadium developments: Swansea City intends to buy Swansea.com Stadium from the council to safeguard the club’s future, while Manchester United advances a 100,000-seat stadium plan near Old Trafford as part of a broader Trafford Wharfside development. The initiatives aim to spur investment, jobs and regeneration, though debt and funding are under scrutiny.
Fenway Sports Group has received an approach from a consortium led by Amit Bhatia that has offered to buy a strategic minority stake in Liverpool. Reports have said Jeff Bezos has held talks about joining the group and the bid would value the club at roughly a34.5bn-a36bn; talks are at an early stage.
Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers from Mark Walter in a transaction valuing the franchise at about $12.5 billion. The sale has been announced this week, requires approval from the NBA Board of Governors and is subject to due diligence and Kushners divestment of a Miami Heat stake.