
On Friday night, Jassim bin Hamad al-Thani submitted his latest bid to buy Manchester United, worth more than €5.65 billion and promising additional funding for transfers and infrastructure.
More than €5.65 billion from Qatar for Manchester United
The offer, which arrived in New York shortly before 10:00 p.m., is a new world record, writes the Daily Mail.
Sheikh opposed the amount offered to the Glazer family, revealing the transfer budget and the amount available to refurbish Old Trafford or build a new stadium, as well as redeveloping United’s training ground.
However, Qatar’s offer is lower than the owners had hoped for, at almost €7 billion.
Jassim Al Thani wants all the shares in the club held by the Glazer family and other shareholders, unlike his rival Sir Jim Ratcliffe.
The British billionaire seeks to acquire a little more than 50% of the shares, while Joel and Avram Glazer will remain with 20%.
After months of talks to sell the club, Manchester United fans are running out of patience and will demand a full stake sale to the Glazer family in Aston Villa on Sunday.
If the deal goes through, it would be the most expensive sale of a club in sports history, after the NFL’s Washington Commanders were sold for around €5.4 billion in early April.
Source: Hot News

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