See which team has 1 billion IPO

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See which team has 1 billion IPO

From Comcast SportsNet Friday, September 16, 2011
SINGAPORE (AP) -- Manchester United's planned 1 billion public offering has been approved by Singapore's stock exchange, a person familiar with the deal told The Associated Press on Friday. The initial public offering likely will happen by the end of the year and involve ordinary and nonvoting preferred shares, according to the person, who spoke on condition of anonymity because the deal hasn't been officially announced. Manchester United is owned by the Glazer family of the United States. It has been valued at 1.9 billion by Forbes magazine, which has ranked it as soccer's most valuable team for the last seven years. However, the club has about 750 million of debt. The Glazers are expected to maintain control of the defending English Premier League champions but they could raise 1 billion by making between 25 percent and 30 percent of United available. By listing shares in Singapore, Manchester United is betting that Asians, who account for more than half of the club's estimated 333 million fans, could be willing to pay more for a piece of their favorite team. The club was bought by the Glazers for 1.4 billion in 2005 when they de-listed it from the London Stock Exchange. The Glazers also own the Tampa Bay Buccaneers.

Wrigley Field named one of the happiest places in the world by CNN

Wrigley Field named one of the happiest places in the world by CNN

In terms of overall satisfaction for a fanbase in total, it'd be hard for any team could beat the Cubs' faithful right now.

Ending a 108-year drought will make even the most pessimistic of fans ecstatic.

So it's no surprise Wrigley Field would be considered one of the happiest places on Earth.

To counteract "Blue Monday," CNN discussed 15 of the world's happiest places and Wrigley was included.

But the kicker is — CNN doesn't even mention the World Series championship.

Here's the rationale:


"Wrigley Field, on a warm summer night when the breeze off Lake Michigan makes the flags flutter and your cheeks flush with relief from the damp heat.

"No matter where you sit, you are close to the field, which makes you feel both the intimacy of the game and the immensity of it.

"The players, standing just feet away from you, feel like giants. And the vendors in the stands hawking hot dogs and beers and Italian ice really are a study in that particular species of Chicago native."


Don't know many people who would argue with that.

The only other American location on the list was Moonlite Bar-B-Q Inn in Owensboro, Kentucky.

Other worldwide locations include Bangkok, Japan, New Zealand and Copenhagen.

Report: Bears set to hire Curtis Modkins as running backs coach

Report: Bears set to hire Curtis Modkins as running backs coach

Bears Pro Bowl running back Jordan Howard will have a new positional coach in 2017.

According to ESPN's Adam Caplan, the Bears are expected to hire former San Francisco 49ers offensive coordinator Curtis Modkins as their running backs coach.

Before joining the 49ers in 2016, Modkins served as the Detroit Lions running backs coach from 2013-15. Modkins broke into the NFL as a running backs coach with Kansas City Chiefs in 2008. After serving one year in Kansas City, Modkins left for the same job with the Arizona Cardinals in 2009. The following season Modkins took a promotion with the Buffalo Bills, becoming the team's offensive coordinator from 2010-12.

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Modkins will be reunited in Chicago with reported new Bears offensive line coach Jeremiah Washburn. The duo worked together for three seasons with the Lions from 2013-15.

The Bears were in need of a new running backs coach after Stan Drayton departed to take an associate head coaching job under Tom Herman at the University of Texas.