Qatar Capital is making a last-ditch effort to buy Manchester United.
Manchester United has been in the midst of a sale and purchase process lately. The Glazer family, who have been at the helm of the club for nearly two decades, are stepping down at the end of this season and bidding for a new owner next season.
Currently, the most likely candidate is Qatari banker Sheikh Jassim bin Hamad Al Sanaa. Mr. Al Sani confirmed his offer for the club in a statement to the UK’s Financial Times in February, stating that he planned to take over the club and “return the club to its former glory, both on and off the pitch.”
However, the deal didn’t move as quickly as expected. The main reason is the rivalry with Sir Jim Ratcliffe. Lord Ratcliffe, who is said to have a total net worth of £13 billion ($21.212 billion), is a British capitalist who is also the owner of OGC Nice. He continues to compete with the Qatari banker, and United have yet to make a decision.
However, the Qataris have made the final move. “Al Sani has made a fifth bid for United, which is a 100% takeover. It’s a take-it-or-leave-it deal.”
Along with Romano, the BBC reported that the Qataris would not be making any further offers. “The Qatari group will not make a further offer. If no deal is finalized by Friday of this week, they will withdraw from the race to buy the club.”토토사이트
Meanwhile, the offer to buy 100% of the club was reportedly delivered earlier this week, and the price tag is astronomical. “The Qatari offer consists of a $6.5 billion (£8.4695 billion) purchase price and a $1 billion (£1.033 billion) investment,” said Ben Jacobs of US outlet CBS Sports. Having promised such a large sum of money, Qatar is now feeling the limits of its patience as the deal stalls.