Abstract
According to reports, the Qatari Sheikh Jassim Bin Hamad Al Thani has made a ‘substantial’ bid for Manchester United.
Try to Purchase 100% of Manchester United’s bids
On Friday, Prince Jassim Bin Hamad Al Thani. Qatari financier, stated that he had made an offer to purchase 100% of Manchester United.
Bin Hamad Al Thani makes a significant bid for Manchester United.
The proposal is focused on investing in the club.
The Qatar Sheikh Jassim Bin Hamad Al Thani and a ‘substantial’ bid
The heir to the wealth of Qatar’s former prime minister. Who was ousted in a coup along with his father and brothers. He has joined forces with Dennis Murph
He stated that he has made a “substantial” proposal to purchase the club. It hopes to return it to its “former grandeur,” with the bid. Bearing No debt and all profits being produced to the local population through the 92 foundations.
£2 billion came with a new offer
The pair have made their offer through intermediaries who approached United shortly after it emerged that John Henry had bought control of Liverpool FC from Tom Hicks and George Gillett for £2 billion ($3bn). The offer came as no surprise to the club board because they knew there were other parties interested, but only those three men could decide whether or not they wanted to sell up
Club has declined the offer
According to reports from the New York Times and CNN Money, the Qataris have come in with a bid for Manchester United of around $2.2 billion. The offer is reportedly about three times what earlier proposals had been for, but it still falls short of what Man U’s owners feel it’s worth — around $3 billion. The club has declined all offers so far.
WHAT COMES NEXT FOR MAN UTD?
The process of purchasing the club will take time, and any new owners will face a stringent test from Premier League and UEFA and stiff resistance abroad. On Sunday, the team’s next match is against Leicester City at Old Trafford.
