Manchester United takeover: Sheikh Jassim set to make a second offer for the club within 10 days | world news

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

Sky News sports correspondent Rob Harris reported that the delegation spent 10 hours at the club Thursday and that, having had access to the books, they plan to continue with the purchase.

The Sheikh, who is chairman of the Qatar Islamic Bank (QIB), had already made an indicative bid before the soft deadline a month ago, and all bidders will be invited to submit a second bid within the next 10 days.

Sheikh Jassim bin Hamad al Thani

Sky Sports News quoted unnamed sources in New York as saying that “there should be no doubt that Sheikh Jassim wants to be the owner and caretaker of United”.

Sheikh Jassim and members of his team have visited Old Trafford as fans before, but the aim of this latest visit was to see what they could do with their capital investment in terms of infrastructure, development young people and the women’s team.

He sent his best team, including experts in finance, banking, property 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 arrive from Nice on Thursday to attend a presentation by United’s management team alongside representatives from INEOS sport.

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The club’s current owners, the Glazer family, have not confirmed their intention 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 they are not interested in buying the club – they are interested in funding the parties, Sky Sports News reported.


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