Mega billion offers as Man United bidding heats up as Ratcliffe, Elliott enter the fray

Billionaire Paul Singer’s Elliott Management offered a proposal to help finance offers for the club, according to a person familiar with the matter. Elliott is not bidding for the club itself, the person said.

"The bid plans to return the club to its former glories both on and off the pitch, and - above all - will seek to place the fans at the heart of Manchester United Football Club once more,” Sheikh Jassim wrote in the statement. The Qatari group includes Sheikh Jassim’s father, Hamad bin Jassim bin Jaber Al Thani, who was head of the Qatar Investment Authority as well as prime minister, Bloomberg has reported. Sheikh Jassim, who was previously a Credit Suisse Group AG board member, was educated in the UK at the Royal Military Academy Sandhurst and is a lifelong Manchester United fan, according to the statement.

Buoyed by Qatar hosting the World Cup last year, Qatar Sports Investments has considered plays for Tottenham Hotspur and Liverpool FC, as well as Manchester United, Bloomberg News has reported. QSI already owns Paris Saint-Germain, the club team for both Lionel Messi and Kylian Mbappe two of the biggest stars of the Qatar games.

Source: News Formal (newsformal.com)

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