Raise the “magic” offer Qatar consortium is determined to win- Now Sports

[Now Sports]Manchester United has informed all potential buyers that they must submit a revised plan before 9:00 p.m. UK time on Wednesday. According to British media, the Qatari consortium will increase the offer to 5.5 billion pounds, which will beat rival Raj sir.

Manchester United executives recently met with a group of potential buyers. It is reported that in addition to the representatives of the two major camps known to the media and the Qatari consortium and Sir Rajeev, the richest man in the United Kingdom, there are other undisclosed investors. After this meeting, they will make revisions to the proposals submitted, and then they will make a second bid before 9:00 p.m. on Wednesday.

The American investment bank Raine Group, which handles the transaction on behalf of the Grassa family, will announce the buyer with the greatest chance of success following receiving the offer, and hand over more club documents to the other party, and before reaching an agreement with the Grassa family, A full review will be conducted.

According to sources, the Qatar consortium’s initial offer was 4.5 billion pounds, which was far below the Grasha family’s ideal price of 6 billion pounds, but the leader of the consortium, Shesham, promised to increase the offer to 5.5 billion pounds. On the other hand, the INEOS Group led by Sir Rajeev may not be able to meet the requirements of the Grasha family, and compared with the Qatari consortium whose goal is to fully own the club, they are only willing to acquire 69% of the club’s shares.

However, when he visited Altford last Friday, Sir Rajeev had a meeting with Manchester United coach Tansia, and he may want to win more support from insiders and fans. It is unknown whether this will increase their bidding costs.

Image credit: ©AFP

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