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close video Jeff Bezos’ possible Commanders bid could make Dan Snyder the $6 billion man

FOX Business’ Charlie Gasparino reports billionaire Jeff Bezos could be eyeing the NFL’s Washington Commanders on ‘The Claman Countdown.’

Dan Snyder, the embattled owner of the Washington Commanders, bought the NFL team in 1999 for a then-record of $800 million. He and his advisers are now confident he can sell it for $6 billion or possibly more, people with direct knowledge of the matter tell Fox Business.

The reason? Jeff Bezos.

JEFF BEZOS THE FAVORITE WITH DAN SNYDER'S FIRM $6 BILLION WASHINGTON COMMANDERS ASK

 As Fox Business was first to report, Bezos, the Amazon founder worth $125 billion, is not being summarily rejected by Snyder as a bidder for the famed sports franchise (formerly known as the Washington Redskins) despite media reports to the contrary. In fact, people close to Snyder have reached out to Bezos' reps, saying the rumors of bad blood are way overblown. Snyder would welcome a Bezos bid, people with direct knowledge of the matter say. 

Team co-owners Dan and Tanya Snyder pose for a photo with former team members during the announcement of the Washington Football Team’s name change to the Washington Commanders at FedExField in Landover, Maryland, on Feb. 2, 2022. (Rob Carr/Getty Images / Getty Images)

It is for obvious reasons: If Bezos pays at least $6 billion for the team, Snyder would have produced a 650% return on the sale compared to 220.2% return in the stock market during that time. Not bad. 

Bezos, Fox Business has learned, has expressed interest in owning the Commanders, as both he and his girlfriend, Lauren Sanchez, are big football fans. He is no longer the CEO and running the day-to-day operations of Amazon (he remains chairman). He has hired bankers to explore a bid, but hasn’t yet bid. Bezos was put off when media reports surfaced that said Snyder wouldn’t sell to him over ill will because of the coverage of the Bezos-owned Washington Post about sexual misconduct allegations that have swirled around management of the team. 

The NFL is investigating, and Snyder has denied any wrongdoing.

WASHINGTON COMMANDERS: HOW DID THEY KEEP THE NEW NAME SECRET FOR SO LONG?

The reports prompted a Snyder rep to make contact with someone in the Bezos camp to tell them that the Snyder understands Bezos doesn’t control the Post’s editorial coverage, people with direct knowledge of the matter first told Fox Business. On Wednesday, several media outlets reported that Bezos and Snyder have spoken, though the details of their conversation could not be determined.

Jeff Bezos and his girlfriend Lauren Sanchez leave The Court restaurant in Rome, Italy. (Ciao Pix / Shutterstock / SplashNews.com)

So, will Bezos pull the trigger? A rep didn’t return an email for comment. A spokesperson for the Commanders had no comment. 

The thinking among NFL sources goes something like this: Once all the bids are in, that’s when Bezos might make his move and top the offers. So far, only a few potential bidders have emerged who can meet Snyder’s demands for a deal that’s around $6 billion. They include former Apollo Management founder Josh Harris of Harris Blitzer Sports Entertainment, which owns the Philadephia 76ers, among other sports franchises. Another bidder, Tilman Fertitta, owner of the Houston Rockets, is said to be offering around $5.5 billion.

Some NFL sources are dubious if Harris’ $6 billion is as firm as has been leaked (Harris Blitzer didn’t return a call for comment), given league requirements for equity, etc. Bezos, given his enormous net worth, can easily shell out that type of money and meet the NFL’s strict requirements that demand significant equity in any bid, and a limit on minority owners. With Bezos in the game, Harris might also be forced to bid a higher amount, these people add.

WASHINGTON COMMANDERS ‘ENGAGED IN FINANCIAL IMPROPRIETIES,’ US ATTORNEY'S OFFICE INVESTIGATING: REPORT

Then there’s the mercurial Snyder. He’s sounding like he wants to sell, but people close to him say it’s his choice. The sexual harassment allegations around the team, they say, have a political taint since the congressional investigation that sparked the NFL probe was conducted largely by the then Democratic House majority, and Snyder is a Republican. His people say they are confident the league probe will show he has done nothing wrong. 

A general view of a section of stadium seats with the Washington Commanders logo before the game between the Commanders and the Cleveland Browns at FedExField in Landover, Maryland, on Jan. 1, 2023. (Scott Taetsch/Getty Images / Getty Images)

Snyder now runs the team with his wife Tanya, and together they have overhauled management. There is more than a possibility that Snyder could decide to keep a team that he loves if the NFL probe isn’t a problem. He is, after all, a longtime fan, having grown up in the D.C. area, and he desperately wants to win a Super Bowl.

But people close to Snyder, 57, say he also knows life is too short. He has a great life and a family. Meanwhile, the D.C. fan base is growing hostile to his ownership since the franchise, known for winning multiple Super Bowls in the 1980s and 1990s, has yet to win since he took over nearly a quarter-century ago.

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Also, $6 billion-plus is a hard number to walk away from, which is why Snyder has no problem with the Bezos bid.

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South Korea blocks 14 crypto exchanges on Apple Store — Report

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South Korea blocks 14 crypto exchanges on Apple Store — Report

South Korea blocks 14 crypto exchanges on Apple Store — Report

South Korea is expanding a ban on digital asset firms’ applications servicing its citizens. On April 11, the country’s Financial Services Commission (FSC) announced that 14 crypto exchanges were blocked on the Apple store. Among the affected exchanges are KuCoin and MEXC.

The report, which was made public on April 14, says the banned exchanges were allegedly operating as unregistered overseas virtual asset operators. The report also states that the Financial Information Analysis Institution (FIU) will continue to promote the blocking of the apps and internet sites of such operators to prevent money laundering and user damage.

The request to block applications on the Apple Store comes after Google Play blocked access to several unregistered exchanges on March 26. KuCoin and MEXC were also targeted during the blocking of the Google Play apps. The FSC published a list of 22 unregistered platforms operating in the country, with 17 of them already blocked on Google’s marketplace.

South Korea blocks 14 crypto exchanges on Apple Store — Report

The 17 crypto exchanges blocked on Google Play. Source: FSC

According to the FSC report, users will not be able to download the apps on the Apple Store, while existing users will not be able to update the apps. The FSC notes that “unreported business activities are criminal punishment matters” with penalties of up to five years in prison and a fine of up to 50 million won ($35,200).

FIU considers sanctions against unregistered VASPs

On March 21, South Korean publication Hankyung reported that the FIU and the FSC were considering sanctions against crypto exchanges operating in the country without registration with local regulators. The sanctions included blocking access to the companies’ apps.

In South Korea, operators of crypto sales, brokerage, management, and storage must report to the FIU. Failure to comply with registration and reports is subject to penalties and sanctions.

Related: South Korea reports first crypto ‘pump and dump’ case under new law

The latest sanctions come as crypto is reaching a “saturation point” in South Korea. As of March 31, crypto exchange users in the country passed 16 million — equivalent to over 30% of the population. Industry officials predict that the number could surpass 20 million by the end of 2025.

Over 20% of South Korean public officials hold cryptocurrencies, with the total amount reaching $9.8 million on March 27. The assets varied and included Bitcoin (BTC), Ether (ETH), XRP (XRP), and Dogecoin (DOGE).

Magazine: Asia Express: Low users, sex predators kill Korean metaverses, 3AC sues Terra

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UK

Race against time to keep Scunthorpe steel furnaces alive as raw materials to be delivered today

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Race against time to keep Scunthorpe steel furnaces alive as raw materials to be delivered today

The raw materials needed to keep the blast furnaces running at British Steel’s Scunthorpe plant will be delivered to the site today, the government has confirmed.

Ministers have been racing against time to secure the coking coal and iron ore needed to keep the furnaces at the UK’s last virgin steel-producing plant operating.

If they cool down too much, the molten iron solidifies and blocks the furnaces, making it extremely difficult and expensive to restart them.

Jonathan Reynolds, the business secretary, will visit the port in nearby Immingham as the supplies from two ships are unloaded and transported to the plant.

The Department for Business and Trade (DBT) said the materials had been provided by the US and would be enough to keep the furnaces running for weeks, while a third ship with coking coal and iron ore is on its way from Australia after a legal dispute between British Steel and the site’s Chinese owner Jingye was resolved.

The future of the British Steel plant at Scunthorpe had been hanging in the balance after Jingye decided to cancel future orders for the iron ore, coal and other raw materials needed to keep the furnaces running at the beginning of April.

After talks with the owner broke down, the government summoned MPs who had been away from Westminster for the Easter recess back to parliament to pass an emergency bill on Saturday to take over the facility.

The bill has brought the steelworks into effective government control, with the next step expected to be nationalisation.

Mr Reynolds said: “Thanks to the work of those at British Steel, and in my department, we have moved decisively to secure the raw materials we need to help save British Steel.

“Our industries depend on UK steel and – thanks to our plan for change – demand is set to shoot up: helping build the 1.5 million homes, railways, schools and hospitals we need to usher in a decade of national renewal.”

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Future of Scunthorpe furnaces?

Jingye’s decision to cancel future orders of the raw materials needed to keep the furnaces running has led some to question whether the company might have purposefully attempted to shut the blast furnaces down.

While Downing Street said it was not aware of “sabotage” at the plant, it did acknowledge that it had become “clear” the Chinese owners “wanted to shut the blast furnaces” during talks.

Mr Reynolds said “it might not be sabotage, it might be neglect”, while Ms Rayner said there was “no evidence” of corporate sabotage.

However, the episode has sparked a debate about Chinese involvement in UK industries, with Mr Reynolds saying on Sunday that he “wouldn’t personally bring a Chinese company into our steel sector”.

The Chinese company stepped in with a deal to buy British Steel’s Scunthorpe plant out of insolvency five years ago.

Commenting on the situation for the first time on Monday, a Chinese embassy spokesperson urged the British government not to “politicise” the row by “linking it to security issues”, and to act with “fairness, impartiality and non-discrimination… to make sure the legitimate rights and interests of the Chinese company be protected”.

Read more:
Why has the government rescued British Steel
MP denied entry to Hong Kong speaks of her ‘chilling’ treatment

“It is an objective fact that British steel companies have generally encountered difficulties in recent years,” it added.

UK ministers have faced questions themselves over why they have only just acted on British Steel, given the fact that unions warned earlier this month that Jingye had decided to cancel future orders for the vital raw materials.

The Conservatives accused the government of acting “too late” and implementing a “botched nationalisation” after ignoring warnings about the risk to the steelworks.

Under the new legislation passed at the weekend, ministers now have the power to instruct British Steel to keep the plant in Scunthorpe open, order materials for steelmaking and instruct that workers be paid.

It also authorises a jail sentence of up to two years for anyone who breaches this law.

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UK

Birmingham bin strike to continue after refuse workers reject council’s offer

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Birmingham bin strike to continue after refuse workers reject council's offer

A long-running strike by bin workers, that has left rubbish piling up on Birmingham’s streets, will continue after union members “overwhelmingly rejected” the city council’s offer in a fresh ballot.

The action by members of Unite, which began on 11 March as part of a dispute over pay, has seen thousands of tonnes of rubbish go uncollected and warnings of a public health emergency.

Hundreds of workers have been on all-out strike for a month, and residents have complained about “rats as big as cats”.

Deputy Prime Minister Angela Rayner visited Birmingham last week and called on the union to accept a “significantly improved” deal for workers.

Rubbish bags lie on the street, as the strike action by Birmingham bin workers represented by the Unite union enters its fifth week in Birmingham, Britain, April 11, 2025. REUTERS/Hannah McKay
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Pic: Reuters

However, the union said hundreds of its members had rejected the “totally inadequate” offer.

The offer, if it had been accepted, would have included “substantial pay cuts for workers” and “did not address potential pay cuts for 200 drivers”, according to Unite.

The latest ballot comes after previous talks failed.

Unite has been campaigning against plans to cut the post of waste recycling and collection officer (WRCO) from the city’s refuse and recycling service.

The union claims it will lead to around 150 of its members having their pay cut by up to £8,000 a year.

But the council has disputed the figures, saying only 17 workers will be affected, losing far less than Unite is claiming.

Local government minister Jim McMahon said the union’s rejection of the pay offer will be “deeply disappointing for Birmingham residents who have already endured weeks of disruption”.

“There is a fair and reasonable offer on the table and I would urge Unite to end the strikes and return to talks to reach the resolution that is fair to the workers and residents of the city,” he added.

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‘The bin strike has been good for us’

‘Rejection of the offer is no surprise’

Unite general secretary Sharon Graham said: “The rejection of the offer is no surprise as these workers simply cannot afford to take pay cuts of this magnitude to pay the price for bad decision after bad decision.”

Unite national lead Onay Kasab told Sky News: “The proposal from the employers was completely and utterly inadequate. It still included a pay cut. It included a sharp cliff-edge drop in pay for our members.

“Unfortunately, the biggest thing about the proposal was what it didn’t include. It didn’t include the details of how and when the drivers are going to have their pay cut and what’s going to be done to mitigate that. It didn’t include issues around what happens if people finish their training and there are no vacancies for them.

“But what it did show up was this so-called figure of only 17 people being impacted is complete and utter nonsense. The proposal itself, that we’ve got in paper, impacts more than 17 people.”

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Wendy Morton, a Conservative MP whose Aldridge-Brownhills constituency is in the Walsall borough, said rats in Birmingham – labelled Squeaky Blinders – “must be dancing in the streets”.

She said: “This really shows yet again Labour-led Birmingham Council and this Labour government are failing residents and our region.

“They need to get a grip, stop blaming others, and face the unions – their paymasters. The Squeaky Blinders must be dancing in the streets.”

Rats have been seen scurrying around mounting piles of rubbish, food waste and bin bags outside homes, shops and restaurants in the city since the strike began.

‘It has been really bad’

A Birmingham resident whose car was wrecked by rats in a street where piles of rubbish were “as tall as” him is “disappointed” bin workers have rejected the council’s offer.

Adam Yasin, 33, from the Balsall Heath area of the city, said: “It’s more to do with hygiene on the streets. I take my son to the nursery and I use a specific street and honestly it was blocked. It’s just annoying, and when the kids are there they like to touch things as well.”

He said his Mercedes was “completely written off” just weeks ago because rats had chewed through wires in the engine.

He said: “It has been really bad, especially where I live, there are a lot of restaurants there. I swear there was a pile (of rubbish) as tall as me, I kid you not.

“Today they collected the rubbish that was on the floor, so the bags that were on the floor, but the bins are still left.”

Read more:
Hunting the rats running riot
Pest controllers ‘feel like fourth emergency service’

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Rayner urges Unite to suspend bin strikes

What has the council said?

Birmingham City Council said: “It is incredibly disappointing, that despite several weeks of extensive negotiations, Unite have rejected a second offer of settlement. However, our door remains open.

“The council must deliver improved waste services for our citizens – who simply deserve better.

“We must also guard against future equal pay claims, and while we have sought throughout the negotiations to protect pay for individuals, Unite’s proposals focus solely on retaining a role that does not exist in other councils and represents an equal pay risk for Birmingham.

“We have made a fair and reasonable offer and every employee affected by the removal of the WRCO role could take an equivalent graded role in the council, LGV Driver training or voluntary redundancy packages.”

It comes as the government called in military planners to help tackle the mounting piles of rubbish in Birmingham.

Amid an “ongoing public health risk” posed by the mounds of waste, the planners have been assigned to provide logistical support for a short period. The move has not involved soldiers being deployed to collect rubbish.

‘Army logistics deployed’

Ms Rayner insisted there were “no boots on the ground”.

She said “we’ve deployed a couple of army logistics to help with the logistical operation of clearing up the rubbish”.

“We’ve got over two-thirds of the rubbish cleared off the streets now, this week we’ll start to see cleaning up the pavements and streets as well as the clearance of all of that rubbish, I’m very pleased about that. The kids are off school, obviously it’s Easter holidays, we want that rubbish cleared.”

Waste collections have been disrupted since January, before the all-out strike started last month.

Birmingham City Council declared a major incident on 31 March in response to public health concerns.

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