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"Qatari £5bn Man Utd bid still on table but concerns Glazers won't sell"- Kaveh Solhekol

According to Kaveh Solhekol,  Sheikh Jassim's persistent interest in acquiring ownership of Manchester United remains evident, as his £5 billion offer for the club is still on the table. Despite reports suggesting proximity to a purchase, sources close to the Qatari bid express concerns that the Glazer family, the current owners, might not be entirely committed to selling.


Having presented a series of five bids, Sheikh Jassim's latest proposal was made 11 weeks ago on June 7. This offer aimed to secure complete ownership of the club without any associated debt. In contrast, British billionaire Jim Ratcliffe has put forth rival bids to acquire 69 percent of the club in a phased takeover, targeting the Glazer family's share.


While speculation circulates about Sheikh Jassim's potential acquisition, his bid team maintains that the situation has not progressed substantially. Sheikh Jassim's commitment remains unwavering, though the decision to sell ultimately rests with the Glazers.


The extended duration of the takeover process has financial implications for the bidders, as expenses accrue for bankers, advisers, and legal experts involved. The bidders stand ready to expedite proceedings if the Glazers opt for a sale.


Amidst the uncertainty, Sheikh Jassim's focus has primarily been on acquiring United, with no discussions of transfer targets or potential signings. However, had the club been sold, the transfer window could have unfolded differently.


Sheikh Jassim's agenda includes eradicating United's debts, investing in infrastructure, supporting both men's and women's teams, and enhancing the academy. While senior figures within the football department at United lack clarity on the takeover's status, they express a collective desire for a swift resolution. The Qatari bid garners support within the club as it waits for a decision on the future ownership of Manchester United.



This post first appeared on NetizenParrot, please read the originial post: here

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"Qatari £5bn Man Utd bid still on table but concerns Glazers won't sell"- Kaveh Solhekol

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