Manchester United could soon have new owners if the current owners, the Glazers accept Qatari Sheikh Jassim bin-Hamad al-Thani’s full and final bid worth 5.5 Billion Euros which is still a little less than the club’s original evaluation set by Avram Glazer and co.
The Manchester-based club will reportedly have new owners if a bid worth £6bn arrives. Sir James Ratcliffe who owns INEOS and Banker Sheikh Jassim are the only 2 names that are leading the race to buy Manchester United. Both of their bids have 2 different settings.
While both of £5bn, Sheikh Jassim is reportedly hoping to acquire 100% of the club while Sir James Ratcliffe is open let Avram Glazer and Joel Glazer have 20% stake of one of world’s most famous football clubs.
🚨BREAKING NEWS 🚨
Sheikh Jassim final offer for #mufc in details:➡️ £6.3B for 100% of #mufc
➡️ £1.2B invested in Old Trafford and Carrington.
➡️ £800M for all of the MUFC debts including in Transfers.
➡️ £1.5B in transfers and staf recruitment in the next 5 years. pic.twitter.com/VOULZIh2ZD— Manchester United Forever (@UnitedLatesNews) May 16, 2023
Man United fans will hope Sheikh Jassim to take full control as his offer is very promising. His bid will clear all of Manchester United’s debit of £1bn and the investment will also see improvement in the club’s training facility and the surrounding community.
Sheikh Jassim sent his delayed final bid to the Raine Group on Tuesday morning. Raine Group is an investment bank in the United States of America and the organization is overseeing the sale of Manchester United.
BREAKING: Qatar's Sheikh Jassim has made an improved offer to buy 100% of Manchester United 💰 pic.twitter.com/Mw6Y7K1aP6
— Sky Sports News (@SkySportsNews) May 16, 2023
This particular saga started in November 2022 when the Glazers announced that the club invites bidding for a new owner. And its been more than 5 months but nothing has moved at a consistent pace.
Sources close to the club told us that Sheikh Jassim is very determined to have full ownership of the Red Devils and his bid and its clauses should lure the Glazers but there is no winner as of now.
If we talk about Manchester United’s performance this season then they have played much better football than last year. Although they terminated Cristiano Ronaldo’s contract before the World cup, Manchester United won their first trophy in 5 years by beating Newcastle United in the Carabao Cup final.
Erik Ten Hag’s side have another chance to land a silverware to round off the 2022/23 season when they Manchester City on June 3 for the first ever FA Cup Final featuring the 2 Manchester based clubs. They are also in line to secure a UEFA Champions League spot next season but new ownership is still in process.
