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Jose Mourinho was expected to become Manchester United's new manager on Friday after reportedly agreeing a deal to take charge at Old Trafford. Mourinho has been in negotiations with United since Louis van Gaal's sacking on Monday and British media reports on Thursday claimed an agreement is now in place for the former Chelsea manager to fulfil his long-held ambition to manage the Premier League club. United are set to officially confirm the 53-year-old's appointment after the deal was delayed due to discussions over Mourinho's image rights.
By Jennifer Ablan NEW YORK (Reuters) - Alibaba Group Holding Ltd , which disclosed it is under investigation for its accounting practices, has emerged as one of the short-selling community's favorite targets in the relatively short time it has been in the public market. Noted short-sellers Jim Chanos of Kynikos Associates and John Hempton of Bronte Capital have been raising red flags since last year about the Chinese e-commerce giant's accounting practices. Hempton told Reuters in an email on Thursday that Alibaba, which went public in September 2014, is "a real company" but "with questionable accounts." He added: "The ability to value it from the accounts is, thus, tricky." Hempton said he believes shares will eventually "go down a lot - and get a takeover bid".