Sheikh Jassim preparing world record £5bn bid to buy United ahead of deadline

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Sheikh Jassim preparing world record bid to buy Man United ahead of deadline MUFC

Despite the eye-watering sum, the bid is still expected to fall short of the Glazer family’s £6bn valuation.The 70-year-old is prepared to let brothers Joel and Avram GlazerThe Raine Group, who are handling the sale process, are expected to name their preferred bidder as early as next week.

As a result, fans could become more inclined to back the bid from Qatari banker Al Thani in order to enjoy a clean slate at Old Trafford. Finnish businessman Thomas Zilliacus was also in the race to buy United, but he pulled out earlier this month as heThe 69-year-old had vowed to stump up £3bn of his own money, while asking fans to cough up £1.5bn.In a series of tweets, he said: “I have declined participation in a third bidding round for United.“The delays will make it very difficult for any new owner to build a winning team for next season.

“I will not participate in a farce set up to maximize the profit for the sellers at the expense of Manchester United.” The Glazers announced in November that they were exploring ‘strategic alternatives’ which could include a full sale of United.

 

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