Man Utd takeover: Sheikh Jassim sets Glazers strict Friday deadline as he makes fifth and final bid

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Man Utd takeover: Sheikh Jassim sets Glazers strict Friday deadline as he makes fifth and final bid
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Man Utd bidder Sheikh Jassim has made a fifth and final offer to take over the club and told the Glazers to make a decision by Friday, according to reports...

Both Sheikh Jassim, the chairman of Qatar Islamic Bank and the son of a former Qatari prime minister, and his rival Sir Jim Ratcliffe had submitted what had been expected to be their third and final bids for the club at the end of April.

But amid growing confidence in the Ratcliffe camp, Sheikh Jassim increased the value of his offer last month, which as before is for 100 per cent of the club, will clear all debt and includes a separate fund directed solely at the club and community. Many Man Utd fans appear to see Sheikh Jassim’s bid as preferable, amid reports Ratcliffe’s bid would be structured to allow current co-owners Avram and Joel Glazer to maintain a minority stake.

But there has been few clues as to which bidder is likely to become the new owner or if the Glazers are still serious about selling the club.a ‘stalking horse’ to drive the price of the club upA previous report has claimed that Sheikh Jassim is still yet to hear back on his fourth offer for the club, which he made directly to the Glazer family.

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