• 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
Journalist drops Man Utd takeover bombshell as Qatar claim made

Home> Football

Published 15:11 24 Mar 2023 GMT

Journalist drops Man Utd takeover bombshell as Qatar claim made

A journalist has dropped a major update on the Man Utd takeover.

Ryan Smart

Ryan Smart

The group involved in the Qatar-based bid for Manchester United believe there is 'no way' they should be beaten if the key factor in a takeover of the club involves money, a respected journalist has claimed.

The Qatar bid for United has come from Sheikh Jassim, who has made an offer for the club through his Nine Two Foundation.

Both Sheikh Jassim and the Sir Jim Ratcliffe/Ineos bids confirmed publicly that they would be entering the bidding process, and they submitted their offers before the initial soft deadline that was set last month.

Advert

There was a second deadline set for Wednesday at 9pm, with US hedge fund Elliott Management reported to have submitted an offer for a minority stake in United before that deadline.

Sky Sports reported that both Sheikh Jassim and Ratcliffe did not submit fresh bids before the deadline. However, they were granted extensions.

On Thursday evening, Ratcliffe and Ineos confirmed they had submitted a revised offer for United, with the Daily Mirror claiming that Sheikh Jassim is expected to follow suit shortly with a world-record bid of around £5.5 billion.

Advert

Now, another report has given a fresh update on the Qatar bid.

Journalist gives key Qatar update as Man Utd bidding process continues

Representatives from the Sheikh Jassim bid - although not the man himself - were present at Old Trafford and Carrington last week to speak to United chiefs.

And according to reporter Matt Dickinson of The Times, there is said to be a belief among the group that, if the final decision on who succeeds in their takeover bid comes down to money, the Qatar-based offer should win.

Advert

He writes: "The bid from Qatar, and Sheikh Jassim bin Hamad al-Thani, is regarded as favourite simply because of resources.

"As one person with knowledge of that bid put it: 'They are working on instruction not to come back without a deal.'

"The group know that if it is an issue of money then there is no way they should be beaten."

However, should Sheikh Jassim, through his foundation, submit the reported world-record bid, it may still not be enough to match the alleged £6 billion asking price that United's current owners, the Glazer family, want in order to sell the club.

Featured Image Credit: Alamy

Topics: Manchester United, Premier League, Qatar

Ryan Smart
Ryan Smart

Live in constant hope of the top flight as a Preston North End fan. Written in the past for SPORF, GiveMeSport and more.

Advert

Advert

Advert

Choose your content:

9 mins ago
an hour ago
  • GettyGetty
    9 mins ago

    Viktor Gyokeres stats emerge after Arsenal lose to Liverpool and they look like a typo

    Arsenal striker Gyokeres had a difficult afternoon at Anfield.

    Football
  • GettyGetty
    an hour ago

    Arsenal fans turn on one player after Liverpool defeat as Eberechi Eze claim made

    Eberechi Eze made his Arsenal debut in their defeat to Liverpool.

    Football
  • GettyGetty
    an hour ago

    Wrexham agree £6.5 million fee with rivals for star player just a day after first league win

    Red Dragons raid rivals after maiden Championship victory

    Football
  • GettyGetty
    an hour ago

    Jack Grealish's post minutes after Man City loss to Brighton goes viral before he immediately deletes

    Grealish is on a season-long loan at Everton from Manchester City.

    Football
  • Sheikh Jassim's stance on new Man Utd bid as contract clause opens door for Qatar takeover
  • Man Utd could be sold by Glazers as forgotten clause opens door for Qatari takeover
  • Man Utd make Kobbie Mainoo transfer decision as new update drops
  • Kobbie Mainoo transfer bombshell drops after playing zero Premier League minutes for Man Utd this season