Qatari business tycoon Sheikh Jassim issues ultimatum to Manchester United owners with final bid demanding swift conclusion of farcical bidding saga over Club ownership

Qatari businessman Sheikh Jassim bin Hamad al-Thani made his final offer to purchase Manchester United this week before the banker vowed to end the sale process if the offer was rejected on Friday. The Qatari banker wants to obtain ownership as soon as possible in order to give Red Devils manager Erik Ten Hag adequate time to go shopping in the summer transfer window in order to strengthen the squad.

Qatar’s Sheikh Jassim lodges fifth and final bid for Manchester United ownership

Earlier this week, Sheikh Jassim launched a bid worth £6 billion to purchase the club from the Glazers and has stated that he will be moving out of the race should the bid not be accepted. The only other bidder competing against him is Ineos owner, Sir Jim Ratcliffe.

It is Ratcliffe’s intention to purchase about 51% of United, leaving the Glazers with a minority stake. Although Ineos is said to have had discussions with the Glazers about the framework of such an agreement, the company is not optimistic that a deal will be struck anytime soon.

Sheikh Jassim is believed to have increased his bid as a last ditch effort to become a proprietor, given that Sir Jim Ratcliffe only wants to buy the shares required to have controlling powers.

The Sheikh is confident that his proposal is the best option because it would wipe out a debt of around £1 billion. On top of that, he will provide a separate fund for player, infrastructure, and other investment requirements.

Glazers’ sluggish approach towards sale leaves Qatari camp irate

The Glazers put Manchester United up for sale back in November 2022, and since then, the Glazers have shown a laid-back approach to selling the club. Sheikh Jassim and his advisors have become rather irritated with the Glazers’ approach, and this laid-back approach forced him to announce a cut-off point for any further engagements should his bid be rejected.

Nevertheless, the Qatari Sheikh is determined to obtain 100% ownership of the Red Devils, and should he obtain it, he will definitely contribute to bringing them back to their former glory.


Tanzeem Rahman

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Tanzeem Rahman is a soccer writer and an editor at SportsZion. Tanzeem's love for the sport began by watching and admiring Cristiano Ronaldo in his early Manchester United days. Having graduated from Germany as an Electrical Engineer, Tanzeem has watched multiple high-profile games throughout Europe from the gallery. His knowledge and enthusiasm for the sport, as well as sublime english proficiency has been an asset to SportsKnot. Outside of his duty, Tanzeem is a gamer, and loves to spend time watching Anime and reading Manga.


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