Sheikh Jassim Awaiting Glazer Decision on Man Utd Takeover

Sheikh Jassim has submitted five bids for Manchester United (Picture: Getty) and is still waiting to hear back from the Glazers over his takeover bid. Reports in Qatar suggested that a deal had been struck, however the BBC have said that this is not the case. The Qatari submitted a fifth take-it-or-leave-it offer last week, which promised to wipe the club’s debt and outstanding transfer fees, amounting to around £1bn. This was in contrast to Sir Jim Ratcliffe’s bid, which was for around 60% of the club and included clauses to allow at least two of the Glazer siblings to remain as shareholders. Ratcliffe had been leading the race until Jassim’s fifth offer changed the look of the takeover bids. The Glazers could provide exclusivity to a preferred bidder this week and there is significant pressure on them to do so, with the transfer window opening on July 1st and rival clubs like Liverpool already making significant moves. For more stories like this, check our sport page. Follow Metro Sport for the latest news on Facebook, Twitter and Instagram.