2023-04-30 20:47:35
In the race to acquire Manchester United, the two most prominent prospects have submitted their final bids just before a deadline. Qatari Sheikh Jassim bin Hamad Al Thani is offering at least 5.65 billion Swiss francs, more than ever paid for a sports club, Sky reported. In addition, the head of one of Qatar’s largest banks has promised an undisclosed sum for investments in the team and in infrastructure.
The British entrepreneur Jim Ratcliffe, on the other hand, only wants to take over a little more than 50 percent of the shares. The current owners, the US Glazer family, would retain a minority stake of around 20 percent and thus some influence, it said. Fan organizations strictly reject this. They have been protesting the Glazers for years, accusing them of running the club down. The Glazers are demanding £6bn for the club they bought for £750m in 2005. (here/dpa)
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