Qatari billionaire Sheikh Jassim has won the race to own Man Utd after there were breakthroughs in the negotiation process between the two sides.
According to reports, billionaire Sheikh Jassim bin Thani has won the race to take over Man Utd. The billionaire who owns a Qatar bank bought the entire Man Utd from the Glazers family after making breakthroughs in the negotiation process, beating competition from INOES chemical group billionaire Sir Jimmy Ratchcliff – who is not a billionaire. offered to buy MU outright but still let the Glazers have shares.
According to The Sun, the Glazer family is ready to sell Manchester United club to Qatari billionaire Sheikh Jassim after discussions between the parties have made great progress recently.
The representative of the billionaire Qatari has offered an expected final price of £ 6 billion for this deal – this price has ensured the “profit” required by the Glazers.
If all goes well, billionaire Sheikh Jassim will complete the process of taking over Man Utd before Christmas this year, the year when the Glazers announced they were looking for investors in Man Utd. Red Devils fans expect the club to quickly change hands in the hope of getting a more worthy investment.
If everything goes according to schedule, the new owner Qatar will pour money so that coach Erik Ten Hag has money to transfer in January 2024.