Sheikh Jassim has become 'fed up' and 'frustrated' with the ongoing Manchester United takeover process, according to Sky Sports journalist Kaveh Solhekol.
The Qatari businessman, through his Nine Two Foundation, has now placed a fifth and final bid to complete a full takeover of the club from the Glazer family, as reported by the Daily Mail.
The report adds that he has set a deadline of Friday to receive a response from the Glazers over his bid, or he will walk away from the process. His existing bid will still stand.
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Sheikh Jassim is competing with a joint proposal from INEOS Group and the British billionaire Sir Jim Ratcliffe. Ratcliffe is said to want to acquire a majority share in the club from the Glazer family.
Journalist Ben Jacobs, meanwhile, claims that the Nine Two Foundation bid is worth $6.5 billion (£5.2 billion), with a further $1 billion (around £800 million) on top of that for investment into the club.
Now, more detail has been reported on Sheikh Jassim's current stance.
Sheikh Jassim 'frustrated' over Man Utd sale
Speaking on Sky Sports News, Solhekol explained: "I've got to be honest - Sheikh Jassim is frustrated. He is fed up.
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"We are talking about Manchester United, and this takeover process that has now gone on for almost seven months. I'm sure you're frustrated with it. I'm frustrated with it. Everyone's frustrated with it, including Sheikh Jassim.
"He has said, this is it. It is take it or leave it time. This is my final offer, this is my fifth and final offer.
"The Glazers have until close of business on Friday to take it or leave it. Otherwise Sheikh Jassim is going to leave the bid on the table, but he is going to be walking away. He is not going to be engaging with them anymore."
Solhekol went on to add: "I've been speaking to somebody involved in the process and they told me, they were really not pulling any punches, they said Sheikh Jassim is basically frustrated.
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"The window opens in two weeks' time. He wants to get this deal done. I am told United are the biggest football club in the world, and here we are. This has become a joke."
Featured Image Credit: PA / Alamy / AP Photo/Dave ThompsonTopics: Manchester United, Premier League, Sky Sports