2023-06-28 19:23:31
A Bloomberg report revealed, on Wednesday, that the Qatari group led by Sheikh Jassim bin Hamad Al Thani is very confident of winning the bidding battle to buy Manchester United, against British billionaire Jim Ratcliffe.
And the agency quoted sources it described as well-informed, that the sale deal faced several delays with the failure of the offers to reach what the owners hoped for from the Glazer family, in addition to the divisions between the owners regarding the identity of the buyer and fears of lawsuits from the shareholders who own the least percentage in the club.
She added that those in the Qatari group circle began to express their confidence in victory and the completion of the deal in their favour, and that it was only a matter of time before the official announcement.
But a person familiar with the matter indicated that with the sale of the club entering its eighth month, the Glazers could make a different decision and keep the club and only accept financing from an outside investor to renovate the club’s Old Trafford stadium and training facilities.
Spokesmen for the Qatari group and Manchester United declined to comment to Bloomberg.
A big boost to the Qatari offer to acquire the “Red Devils”
Informed sources told Archyde.com, on Thursday, that Manchester United is considering granting a group led by Qatari Sheikh Jassim bin Hamad Al Thani exclusive negotiating rights to buy the club competing in the English Premier League for more than $6 billion.
In the middle of this month, Archyde.com reported that Manchester United is considering granting the Qatari group exclusive negotiating rights to buy the club, which competes in the English Premier League, for more than $6 billion.
Manchester United is considered one of the most valuable sports assets, and if it is sold for $ 6 billion, it will become one of the largest sports deals ever, in the footsteps of the Washington Commanders team in the American Football League in the United States, which was sold this year.
The club’s shares jumped about 15 percent after the report, before falling to make some gains.
During the agreed exclusive period, Manchester United will not be able to negotiate with any other party other than Sheikh Jassim, and the duration of that period has not been clarified.
The club’s current owners are not very popular with the fans, as there have been repeated demands for their departure, especially after the club’s failure to achieve the English Premier League championship for ten years since the departure of legend Alex Ferguson from leading the team.
And as the sale negotiations continue, tension increases among the club’s fans who want new owners to start working quickly, before the new season.
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