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Glazer Family Members Said to Study Manchester United Stake Sale

Some members of the billionaire Glazer family have been debating whether to sell their stake in Manchester United FC, after more than 20 years of ownership that has often been blighted by fan protest, people familiar with the matter told Bloomberg. Several stakeholders in the US-based Glazer family have been studying the possibility of divesting part or all of their holdings in the English Premier League football club, according to the people. Deliberations come as Manchester United's owners face a potential multibillion-pound bill to redevelop the club's famous Old Trafford stadium in the coming years. On the other hand, the club's recent qualification for the lucrative UEFA Champions League comes with fresh earnings potential, providing incentive to remain invested. Bloomberg's Tiwa Adebayo joined "The Pulse with Francine Lacqua" to discuss.

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Bloomberg

Ares' Jacobson on Private Credit, Rates & Investors

Ares Management Corporation's co-president Blair Jacobson said there's a "real disconnect" between negative headlines about private credit and what the firm is seeing across its portfolio companies. Jacobson said companies worldwide are reporting annual growth of 8% to 12%, and non-accrual rates are lower than the company has seen historically. He joined "The Pulse with Francine Lacqua" on Bloomberg TV. (Corrects spelling of name in headline.)

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Bloomberg

Ares' Blair Jacbobson: Disconnect Over Private Credit Headlines

Ares Management Corporation's co-president Blair Jacobson said there's a "real disconnect" between negative headlines about private credit and what the firm is seeing across its portfolio companies. Jacobson said companies worldwide are reporting annual growth of 8% to 12%, and non-accrual rates are lower than the company has seen historically. He joined "The Pulse with Francine Lacqua" on Bloomberg TV.

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Bloomberg

Streeting Says Labour Leadership Challenge Won't Be a 'Coronation'

Former Health Minister Wes Streeting vowed he would fight a battle against Mayor of Greater Manchester Andy Burnham if the two went head-to-head in a race for the leadership of the governing Labour Party. "He needs to set out his stall, I need to set out mine," Streeting said in conversation with Bloomberg's Francine Lacqua at the SXSW London tech festival Wednesday.

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Bloomberg

AI Bubble 'Something to Look At,' BNP's Huynh Says

Sophie Huynh, senior cross asset strategist at BNP Paribas Asset Management, discusses the risk of a so-called bubble in the artificial intelligence trade space. "What I'm looking at much more is tokens rationing," she tells Bloomberg Television. "There's anecdotes here and there that we're consuming so much tokens at this point that there's not going to be enough," Huynh says. She also discusses the impact of the ongoing conflict in the Middle East on markets.

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