Friday, June 21, 2024

Bloomberg: Jassim bin Hamad made fifth offer to buy “Red Devils”.

Date:

The company saidBloombergOn Wednesday, Sheikh Jassim bin Hamad Al Thani made his fifth bid to take over English soccer team Manchester United.

The son of the former Qatari prime minister will not make any other offer, according to a US agency report, citing an informed person, on Friday, which was set as a deadline for progress in negotiations to buy Jassim bin Hamad. The whole club.

The source added that Jassim bin Hamad is keen to finalize the deal a few weeks before the summer transfer window for players.

A spokesman for Jassim Bin Hamat declined to comment to Bloomberg.

Sheikh Jassim has been involved in a bidding war with British billionaire Jim Radcliffe, after they emerged as the main contenders to buy the “Red Devils” weeks ago.

The drama of selling Manchester United … Reluctance within management after “best Qatari offer”.

FourFourTwo magazine reports that Manchester United’s English board of directors are split over the club’s sale process and decided at a meeting last week not to enter into exclusive talks with the two frontrunners in the race to buy the club, leaving all options open. .

According to AFP, the Glazer family, who bought the club in 2005, have agreed to pay 6 billion pounds ($7.47 billion) to approve the sale.

Radcliffe appeared to be in the lead as the third round of bidding closed last month. The owner of petrochemical company Ineos has a high valuation on the club, and reports say it wants to buy a majority stake in it.

But the move would allow club presidents Avram and Joel Glazer to maintain a stake in the club, a move that has never been popular with United fans.

See also  Saudi Mercato Closing.. Here are the most important swaps

The current owners of the club are not very popular with the fans as there have been repeated calls for their departure, especially since the club failed to reach the English Premier League championship in ten years since the departure of the legend Alex Ferguson.

Camelia Garner
Camelia Garner
"Explorer. Problem solver. Certified reader. Incurable web expert. Subtly charming travel guru. General student. Twitter evangelist."

Share post:

Popular

More like this
Related

The best ways to protect your skin from sun damage in 2024

Caring for your skin is a healthy lifestyle that...

The easiest way to access the best UAE stocks

The most common way to invest in the UAE...

The Rising Demand for Model Ships in Dubai

Dubai, known for its stunning architecture and vibrant economy,...

Exhibition Stand Builders in Dubai

Dubai, a global hub for trade and commerce, is...