sportbible homepage
sportbible homepage
  • Home
  • Football
    • Premier League
    • Champions League
    • World Cup
    • England
    • Transfer News
    • Manchester United
    • Liverpool
    • Arsenal
    • Real Madrid
    • Barcelona
  • Formula 1
    • Red Bull
    • Ferrari
    • McLaren
    • Mercedes
    • Max Verstappen
    • Lewis Hamilton
    • Lando Norris
    • George Russell
    • Charles Leclerc
  • Boxing
  • UFC
  • More Sport
    • Tennis
    • Golf
    • NBA
    • NFL
    • Darts
    • Athletics
    • Rugby
    • Wrestling
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
Threads
YouTube
Submit Your Content Here
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • LADbible
  • Tyla
  • FOODbible
  • UNILAD Tech
"Qatar want to..." - Respected journalist reveals Sheikh Jassim's transfer plans if Man Utd bid is successful
Home>Football
Updated 17:54 8 Mar 2023 GMTPublished 16:20 8 Mar 2023 GMT

"Qatar want to..." - Respected journalist reveals Sheikh Jassim's transfer plans if Man Utd bid is successful

Qatar's plans for Man Utd have been revealed.

Ryan Smart

Ryan Smart

google discoverFollow us on Google Discover

A respected journalist has reported the transfer plans of Qatari investor Sheikh Jassim if, through his foundation, he takes over Manchester United.

Sheikh Jassim is one of two publicly confirmed bidders for the club, with the offer being made through his Nine Two foundation.

He is chairman of the Qatar Islamic Bank (QIB) - of which the Qatar Investment Authority (QIA) is the largest shareholder, as per Market Screener.

Sources close to the bid, however, have dismissed claims that the offer is funded by QIA.

Advert

They told The Telegraph: "On the point of the QIA and QSI [Qatar Sports Investments, who own PSG], there is absolutely no overlap operationally, legally or from an advisory perspective.

"If that would have been the case he [Sheikh Jassim] would not have gone for this bid. He is potentially investing in the club as a private individual."

A report from the Daily Mail last month claimed that Sheikh Jassim, Sir Jim Ratcliffe and Ineos, and one unnamed bidder had been invited to Old Trafford for further talks.

And now a journalist has revealed what the Sheikh's plans are for United if he is successful in a full takeover of the club.

Sheikh Jassim Man Utd plans 'revealed'

The Daily Mail's Mike Keegan has claimed that the Qatari bid wants to be in control of the club by the time the summer transfer window opens, so it can 'arm [manager Erik] ten Hag with substantial funds'.

It is claimed that the Sheikh Jassim and Ratcliffe/Ineos bids will meet with United chiefs and the Raine Group, who are overseeing the process, in Manchester imminently, although the Sheikh and Ratcliffe are not expected to be present in person at this stage in proceedings.

Discussions between various groups, where financial information can be requested, are said to be already ongoing.

The same source claimed last week that there was a 'growing frustration' from some parties at a lack of access to the club's full financial picture.

It appears that the process will not reach a swift conclusion - although the Qatari bid seems to be hopeful that it will be able to take over in the coming months in order to push United towards success next season.

However, ESPN report that, as per sources, the club will not be able to do big business in the transfer market this summer, as it is on the limit when it comes to Financial Fair Play (FFP) regulations.

That is due to the failure to qualify for the Champions League this season, and a lack of player departures for significant fees.

Featured Image Credit: Alamy

Topics: Manchester United, Premier League, Qatar, Erik Ten Hag, Transfers

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.

Recommended reads

Luke Riley makes bold prediction ahead of blockbuster fight on Conor McGregor v Max Holloway cardGetty ImagesForget Conor McGregor - Lone'er Kavanagh is the UFC star you should be watching this weekendGetty ImagesF1 and F3 trainer reveals gruelling physical and mental work drivers must do for each race ahead of British GPGettyDavid Croft proposes new Olympic sport with drivers from 'around the world' ahead of British GPGetty

Advert

  • Ederson's proposed transfer to Man Utd has 'collapsed' in shock twist as details emerge
  • Sheikh Jassim's stance on new Man Utd bid as contract clause opens door for Qatar takeover
  • Carlos Baleba's Instagram activity during Man Utd vs Fiorentina spotted amid respected journalist's transfer update
  • Erik ten Hag told Man Utd player he didn't want him before blocking transfer

Choose your content:

10 hours ago
12 hours ago
13 hours ago
17 hours ago
  • Getty
    10 hours ago

    Liverpool prepared to hijack Man Utd transfer in huge blow to Michael Carrick

    Liverpool are back in for a Manchester United target and are hopeful of stealing him.

    Football
  • Getty
    12 hours ago

    Argentina's strict national team rule which would have seen Lionel Messi banned from playing

    Argentina are looking to win back-to-back World Cups and take on England in the semi-finals on Wednesday.

    Football
  • Getty
    13 hours ago

    Julian Alvarez Premier League transfer bombshell drops just hours after goal in Argentina game

    A possible transfer destination for Alvarez has re-emerged after the Atletico Madrid star's World Cup screamer.

    Football
  • Getty Images
    17 hours ago

    Lionel Messi makes big claim about England as he sends warning to Three Lions players

    Messi will come up against England for the first time in his career on Wednesday.

    Football