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Man Utd takeover: Sheikh Jassim 'could submit new bid' as journalist drops sale update

Home> Football> Football News> Man Utd

Published 10:00 25 Sep 2023 GMT+1

Man Utd takeover: Sheikh Jassim 'could submit new bid' as journalist drops sale update

Here is the latest update on the Manchester United takeover saga.

Joe Adams

Joe Adams

Manchester United takeover hopeful Sheikh Jassim bin Hamad Al Thani could submit a fresh bid to buy the club, it has been claimed.

It is almost a year since the Glazers put United up up for sale, and Red Devils supporters are none the wiser over whether a deal is any closer to being completed.

Qatari banker Sheikh Jassim and British billionaire Sir Jim Ratcliffe remain the frontrunners to buy the club, having submitted multiple rival bids last season.

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However, fans are growing increasingly frustrated with the lack of progress being made amid reports that the Glazers could take United off the market.

That being said, The Sun claim that Sheikh Jassim has in fact agreed a £6 billion takeover with United, and the deal could go through as early as mid-October.

Meanwhile, respected journalist Ben Jacobs has reiterated reports, stating that we cannot "rule out another bid from Sheikh Jassim".

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Providing an update on the laborious takeover Saga, Jacobs told GiveMeSport: "With the takeover, we're just seeing a bit of a PR game because Manchester United are not succeeding on the field.

"Of course, the suitors are indicating that they don't want to raise their value, which is something that they've said pretty consistently. Ultimately, part of the frustration of the whole process has been the smoke and mirrors and competitive tension.

"So it's natural that the groups would indicate via sources which they have done so, that they're not prepared to pay more, and Sheikh Jassim in particular has always said that he believes the Nine Two Foundation are paying well above the market value of the club, which statistically is correct.

"So I still don't think that we can rule out another bid from Skeikh Jassim, simply because we got told after the final bid deadline in April, even though that was only a soft deadline, that that would be the last offer.

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"Then we got told after the fourth bid that that would be the last offer then we got told after the fifth bid that that would be the last offer."

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Featured Image Credit: Getty

Topics: Manchester United, Sheikh Jassim, Football, Premier League, Erik Ten Hag

Joe Adams
Joe Adams

Joe is a Journalist for SPORTbible with a primary focus on football. He has previously covered a number of other sports including boxing, rugby and F1. Wishes he was born left-footed.

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