If Sheikh Jassim bin Hamad’s bid is successful, it could lead to major changes for Manchester United.
LONDON: Qatari businessman Sheikh Jassim bin Hamad Al Thani has submitted a new bid worth around $6.12 billion to acquire Manchester United. If Sheikh Jassim bin Hamad Al Thani’s revised bid for the club is accepted, the record 20-time English champions will have a new owner. Sheikh Jassim has submitted a £5 billion ($6.12 billion) bid for the club following his bid in February.
The Sheikh Jassim-owned Nine Two Foundation will fund the bid, which is reportedly debt-free. Manchester United’s current owners, the Glazer family, have been mulling options for the club since November, including a possible sale, but have yet to publicly comment on the new offer.
The club’s fans are unhappy with the Glazers’ management due to the team’s declining fortunes and the owner’s involvement in the failed European Super League project.
If Sheikh Jassim’s bid is successful, it could lead to major changes for Manchester United. However, it remains to be seen whether the Glazers will accept the price offered. Fans and experts are keeping a close eye on this situation.