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Qataris Make Final Bid In Battle For Manchester United

Published by: dailynews
Published on:

Qatar’s Sheikh Jassim bin Hamad al-Thani has made a final attempt to win the battle for Manchester United, making another offer and threatening to walk away from the protracted bidding war this week, according to people familiar with the matter.

Jassim and his Doha-based Nine Two Foundation have submitted an improved offer for the Premier League club, one of the people said, in a last-ditch attempt to beat British billionaire Sir Jim Ratcliffe to one of the most prized assets in sport.

The bid will be Jassim’s last and he “will no longer engage with the process” after this Friday, the person added. The son of a former Qatari prime minister, Jassim is trying to buy 100 per cent of the New York-listed club, whereas Ratcliffe is only seeking majority control.

Read the full story on the Financial Times here.