Sky News: Qatar’s Al Thani submits new £5b bid for Manchester United

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LONDON, March 25 — Sheikh Jassim bin Hamad Al Thani has submitted a new bid to buy Manchester United which is believed to be worth around £5 billion (RM27 billion), Sky News...

LONDON, March 25 — Sheikh Jassim bin Hamad Al Thani has submitted a new bid to buy Manchester United which is believed to be worth around £5 billion , Sky News reported today.

Sheikh Jassim, a son of Qatar’s former prime minister, launched the bid in February. A spokesperson representing Sheikh Jassim said at the time that the bid was completely debt free, via Sheikh Jassim’s Nine Two Foundation. Finnish entrepreneur Thomas Zilliacus also placed a bid on Thursday and told Reuters that he was willing to pay a premium for the English soccer club.

United’s current owners, the Glazer family, began looking at options for the record 20-times English champions in November, including new investment or a potential sale, 17 years after they bought the Old Trafford club.Advertisement

 

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