• Football
  • Boxing
  • UFC
  • Home
  • Football
    • England
    • Transfer News
    • Premier League
    • Champions League
    • Lionel Messi
    • Cristiano Ronaldo
    • EA FC 25
    • Wrexham
  • Boxing
    • Tyson Fury
    • Anthony Joshua
    • Oleksandr Usyk
    • Mike Tyson
    • Jake Paul
    • Logan Paul
  • UFC
    • Dana White
    • Conor McGregor
    • Khabib Nurmagomedov
    • Jon Jones
    • Paddy Pimblett
    • Joe Rogan
  • Other Sport
    • Athletics
    • Formula 1
    • MMA
    • Motorsport
    • NBA
    • Darts
    • NFL
    • Snooker
    • Wrestling
    • Tennis
    • Cricket
    • Golf
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube
Sheikh Jassim 'responds' to failed Man Utd takeover as his true feelings made clear

Home> Football> Football News> Man Utd

Published 19:19 14 Oct 2023 GMT+1

Sheikh Jassim 'responds' to failed Man Utd takeover as his true feelings made clear

He's pulled out of the race.

Rory O'Callaghan

Rory O'Callaghan

Insiders have revealed Sheikh Jassim's true feelings about his failed bid to buy Manchester United.

The Qatari banker, full name Sheikh Jassim bin Hamad Al Thani, withdrew from the race to purchase the Premier League club on Saturday night, according to multiple sources.

ESPN journalist Rob Dawson was the first to break the news, posting on X: "Sheikh Jassim and his Qatari consortium have withdrawn from the process to buy Man United.

Advert

"Sheikh Jassim and his team are not commenting officially but have informed the Glazers and Raine that they have withdrawn from the process.

"Negotiations have taken place in recent days and feeling is that the Glazers' valuation of the club is unrealistic."

Sheikh Jassim's withdrawal leaves Sir Jim Ratcliffe as the sole remaining bidder for United.

Reports claim the British billionaire is ready to drastically alter his offer for United, potentially allowing the Glazers to remain in control of the club.

Advert

Sky News claim Ratcliffe is considering buying some of the Glazers' shares floated on the New York Stock Exchange (NYSE), giving him a 25 per cent stake in United. That would ensure the Glazers remain in charge of the Premier League club.

Daily Mail journalist Mike Keegan has now revealed new details about Sheikh Jassim's failed bid including his personal opinion on the matter.

"It is thought that Jassim made an increased bid in the last few weeks but again failed to meet the Glazers' valuation," read Keegan's report.

"That offer was thought to be around £5.5bn but still short of the £6bn the Americans are thought to want."

Advert

His report went on to claim that Sheikh Jassim 'held further and final discussions and negotiations over the last few days' which proved unsuccessful.

"The Qatari believed he would have been the 'dream owner' according to those with knowledge of the situation, and is saddened by how it has played out," added his report.

Sheikh Jassim is now being linked with bids for other clubs, with Tottenham and Inter Milan potential targets.

SPORTbible are on WhatsApp! We've launched a dedicated news channel to send you the latest news, features and plenty more directly on WhatsApp and all you need to do to sign up is click through to our one-way broadcast channel here for 'SPORTbible News' to appear in the 'Updates' tab on your WhatsApp.

Featured Image Credit: Getty & PA

Topics: Manchester United, Football, Sheikh Jassim, Premier League

Rory O'Callaghan
Rory O'Callaghan

Rory O'Callaghan is Editorial Lead at SPORTbible. He has previously worked for Sky Sports News, MailOnline and Reach covering football, cricket, boxing and MMA. Tested daily as a Liverpool fan in a Manchester office.

X

@rory_ocallaghan

Advert

Advert

Advert

Choose your content:

2 hours ago
3 hours ago
4 hours ago
5 hours ago
  • 2 hours ago

    ITV forced to apologise TWICE on behalf of Tyson Fury after what he said live-on-air during Soccer Aid

    Fury was interviewed on-air at Old Trafford - with perhaps an expected result...

    Football
  • 3 hours ago

    Thomas Tuchel told to call up player to his next England squad as fans say already he's outgrown U21 side

    The England boss has been told to promote a talented U21 after his recent performances.

    Football
  • 4 hours ago

    Jack Grealish ‘pranked’ into paying fan’s bill on holiday as TikTok goes viral

    The Man City star has been brutally pranked as his teammates prepare for the Club World Cup

    Football
  • 5 hours ago

    Trent Alexander-Arnold received two gifts from Real Madrid after signing contract with the club

    Trent Alexander-Arnold received two gifts following his transfer to Real Madrid.

    Football
  • Sheikh Jassim and his Qatari consortium pull out of race to buy Man Utd
  • Sheikh Jassim and his Qatari consortium pull out of race to buy Man Utd
  • Man Utd sale may be delayed by 'another year' as Super League claim made
  • Man Utd takeover off? Journalist drops concerning Sheikh Jassim update that will anger supporters