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Manchester United takeover: Sheikh Jassim expected to make a second bid for club within 10 days | World News


Sheikh Jassim bin Hamad al Thani will make a second bid for Manchester United within 10 days of his agent’s visit to the Premier League club.

Sky News sports reporter Rob Harris said the delegation spent 10 hours at club on Thursday, and after gaining access to the books, they plan to pursue the purchase.

Sheikh, president of Qatar Islamic Bank (QIB), made an indicative offer ahead of the soft deadline one month ago and all bidders will be required to make a second bid in 10 days. next.

Sheikh Hamad bin Jassim bin Jaber Al Thani
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Sheikh Jassim bin Hamad al Thani

Sky Sports News cites unnamed New York sources as saying that “there is no doubt that Sheikh Jassim wants to be the owner and custodian of United”.

Sheikh Jassim and members of his team have been to Old Trafford as fans before, but the focus of this most recent visit is to see what they can do with their capital investment. in infrastructure, youth development and women’s teams.

He sent his top team, which included experts in finance, banking, real estate and law.

INEOS founder Sir Jim Ratcliffe has also made an offer to buy the club.

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Ratcliffe, 70, was due to fly from Nice on Thursday to attend a presentation by United’s management team alongside INEOS sporting representatives.

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The club’s current owners, the Glazer family, have not confirmed they want to sell, but if they do, they will want to encourage a bidding war.

The other confirmed bidder is Elliott Management, the US hedge fund, although it is not interested in buying the club – it is interested in financing the parties, Sky Sports News reports.

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