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Ladybbird · 29-04-23, 03:01

Manchester United SOLD: Club Owners, The Glazer Family Accepts Qatari Banker Sheikh Jassim bin Hamad Al Thani Bid of £5 BILLION

Qatari banker Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe's Ineos Group submitted their final bids for Manchester United. The latest bid deadline passed at 22:00 BST on Friday.

BBC News 29 APR 2023

Sheikh Jassim had made a world-record bid in excess of £5bn to buy Man Utd with INEOS' majority-stake offer also submitted ahead of Friday's 10pm deadline.

Glazer family – wanted £6bn

The chairman of Qatar Islamic Bank's final offer for the club was confirmed minutes before the 10pm deadline set by the incumbent Glazer family at the end of the third round of bidding, with fellow front-runner Sir Jim Ratcliffe, owner of INEOS, submitting his shortly after.

Sheikh Jassim's offer would make United the most expensive sports team in history by at least £200m, eclipsing the £4.8bn ongoing deal to buy NFL side Washington Commanders, but still falls short of the Glazers' own valuation of the club at around £6bn.

29-04-23, 03:01	#2
Ladybbird Join Date: Feb 2011 Posts: 50,613 Thanks: 28,767 Thanked 14,428 Times in 10,234 Posts Awards Showcase Total Awards: 8	re: Jim Ratcliffe Secures 25% Stake in Man United & Takes Control of Football Operations Manchester United SOLD: Club Owners, The Glazer Family Accepts Qatari Banker Sheikh Jassim bin Hamad Al Thani Bid of £5 BILLION Qatari banker Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe's Ineos Group submitted their final bids for Manchester United. The latest bid deadline passed at 22:00 BST on Friday. BBC News 29 APR 2023 Sheikh Jassim had made a world-record bid in excess of £5bn to buy Man Utd with INEOS' majority-stake offer also submitted ahead of Friday's 10pm deadline. Glazer family – wanted £6bn The chairman of Qatar Islamic Bank's final offer for the club was confirmed minutes before the 10pm deadline set by the incumbent Glazer family at the end of the third round of bidding, with fellow front-runner Sir Jim Ratcliffe, owner of INEOS, submitting his shortly after. Sheikh Jassim's offer would make United the most expensive sports team in history by at least £200m, eclipsing the £4.8bn ongoing deal to buy NFL side Washington Commanders, but still falls short of the Glazers' own valuation of the club at around £6bn. __________________ *AMERICA WAS ONCE AN INNOVATED & RESPECTED COUNTRY and THEN ALONG CAME TRUMP.....* That buzz you hear is George Washington spinning in his grave