Manchester United Takeover: Sheikh Jassim bin Hamad Al Thani has submitted a new bid to buy Manchester United which is believed to be worth around 5 billion pounds ($6.12 billion), Sky News reported on Saturday. Sheikh Jassim, a son of Qatar’s former prime minister, launched the bid in February. Follow Premier League LIVE Updates on InsideSport.IN.
Sheikh Jassim has submitted second round bid to buy Manchester United overnight 🚨🔴🇶🇦 #MUFC
Understand Qatari’s Sheikh Jassim group remain confident, they believe bid is the best one for the club, fans and local community.
The ball is now in Glazers court. pic.twitter.com/z7FBwlZA0B
— Fabrizio Romano (@FabrizioRomano) March 25, 2023
A spokesperson representing Sheikh Jassim said at the time that the bid was completely debt free, via Sheikh Jassim’s Nine Two Foundation.
Finnish entrepreneur Thomas Zilliacus also placed a bid on Thursday and told Reuters that he was willing to pay a premium for the English soccer club.
United’s current owners, the Glazer family, began looking at options for the record 20-times English champions in November, including new investment or a potential sale, 17 years after they bought the Old Trafford club.
Manchester United did not immediately respond to a Reuters request for comment.
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