Sheikh Jassim Submits Fifth And Final Bid To Buy Man UnitedGriffochaz
Sheikh Jassim Al Thani has submitted a fifth bid to buy 100% of Manchester United Football Club according to Mike Keegan of the MailSport.
The Qatari has set this Friday as the deadline for a response otherwise he will no longer engage with the process.
🔴Sheikh Jassim has submitted a fifth bid for Manchester United
⚫️Improved offer comes with Friday deadline
🔴After then, offer stands but no further engagement in negotiations
⚫️Strong desire to provide transfer💰
🔴Wants this done
— Mike Keegan (@MikeKeegan_DM) June 7, 2023
The improved bid was sent directly to The Glazer Family alongside The Raine Group, who are assisting with the sale, earlier this week.
The proposal is reported to be around $6.5bn and it is thought that an extra $1bn is pledged investment into infrastructure and recruitment.
Jassim has filed two “take it or leave it” bids since the 28th April deadline but is still against Ineos billionaire Sir Jim Ratcliffe who is reportedly keen on keeping all six Glazer family members involved with the club.
Rumours from those near the club thought that Sir Jim was favourite for the takeover but it is unknown what impact this new bid has on the Glazers.
A potential reason behind the final bid is the immediacy of the opening of the transfer window with Jassim wanting to heavily back Erik ten Hag in the summer market.
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