Qatari Icon Proposes Purchase of Manchester United
Qatari billionaire Sheikh Jassim bin Hamad Al Thani has reportedly made a new offer to buy Manchester United.
The Red Devils’ three-round auction ended in nothing new, with the deadline for final bids set last month amid speculation that the Glazer family would like to retain some of the club’s ownership. .
Manchester United fans have repeatedly staged rallies to demand the exit of the Glazer family, who own the club, in order to force them to sell it completely to the new owner.
And the British Daily Mail has confirmed that the Qatari billionaire has made a final and improved offer in an attempt to defeat his fiercest rival, Sir Jim Ratcliffe.
She pointed out that Ratcliffe’s position was stronger than that of Sheikh Jassim as it included giving the Glazer family a partial stake for two or four years before finally leaving Manchester United, but the Qatari businessman outbid his offer in terms of financial value up to 6 billion pounds.
She clarified that the offer is considered final and is not expected to be returned with other offers if rejected, especially as it finally clears the club of £536m in debt, on top of promising a major investment in the team to support them with fiery deals and rebuild the stadium. “Old Trafford”.
It is not yet clear how Sir Jim Ratcliffe will react to this offer, especially since one of his proposals is to acquire a 50% stake in addition to the gradual acquisition of £6bn.
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