Sheikh Jassim in pole position for Manchester United takeover

Sheikh Jassim in pole position for Manchester United takeover

Qatari banker Sheikh Jassim Bin Hamad Al Thani is preparing to submit another bid to buy Manchester United.

RMC Sport journalist Fabrice Hawkins claims Sheikh Jassim Bin Hamad Al Thani is in pole position for the takeover of Manchester United. An offer of €4.5 billion was offered previously, but Hawkins believes that slightly more than €5 billion will be offered next.

Le Qatar en pole position pour le rachat de Manchester United

L’offre finale devrait tourner autour des 5 Mds€

Les Qataris veulent garder Ten Hag + mercato ambitieux avec notamment joueurs ciblés aussi par Paris

Processus de vente peut être long et Ineos toujours là pic.twitter.com/HVLF2molPO

— Fabrice Hawkins (@FabriceHawkins) March 6, 2023

The report makes it very clear that RMC Sport, a publication based in France, believe that Qatar is funding Sheikh Jassim’s bid – meaning they could start to financially back United as well as Paris Saint-Germain. That alone raises questions about multi-club ownership.

However, Sheikh Jassim is placing his bid through the Nine Two Foundation. On paper, this makes the offer completely different legally from QSI, a major shareholder at PSG. It is also understood that Sir Jim Ratcliffe is in the race to buy his boyhood club, although he would not be able to wipe the debt immediately.

We are also cautious of United becoming another victim of sportswashing and the damaging effects that could have down the line.

Let us know in the comments section how you would feel about Qatari ownership at Manchester United, with clear links to the royal family and PSG.

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The post Sheikh Jassim in pole position for Manchester United takeover appeared first on Stretty News.

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