Qatari Sheikh Jassim Bin Hamad Al Thani is reportedly growing in confidence that the Glazer family will accept his offer to buy Manchester United. Sheikh Jassim has offered a world record fee for full control of the club, his fifth and final bid. While neither Sheikh Jassim nor British billionaire Sir Jim Ratcliffe’s INEOS have been granted an exclusive agreement, Sheikh Jassim believes that the Glazer brothers are warming to the idea of a full sale. Trading in Manchester United shares on the New York Stock Exchange was temporarily paused due to ‘volatility,’ though shares resumed trading shortly afterwards, and were up 12 per cent on the day.
New Company Formed in Preparation for Bid
A new company, Nine Two UK Holdings Limited, was also incorporated in the UK on Thursday as part of Sheikh Jassim’s preparations should his bid be successful. The documents published on the Companies House website list Sheikh Jassim as an individual person with significant control of the company. He is listed as one of two directors, alongside Abdulrahman Abdulla Al Ansari. Al Ansari is also on the board of the Qatar Chamber, which describes itself as a non-profit public organisation whose mission is to represent, support and protect the interests of the business community in Qatar. Companies House says all shares in the new UK company are owned by Nine Two Holdings LLC, which was registered in Qatar in April. The listing confirms Sheikh Jassim was born in April 1982, making him 41 years old.
Fans Hopeful for Change
Manchester United fans are desperate to see the back of the unpopular Glazer family, while former player Rio Ferdinand revealed his hopes to see the Qatari takeover come through. Things are improving for the Red Devils on the pitch too with Erik ten Hag guiding them to Carabao Cup glory and a third-place finish which sees them make a return to the Champions League. They’re pursuing Chelsea star Mason Mount but a Qatari takeover could see them be at the table to sign more top players this summer.
Heading: Sheikh Jassim’s Bid for Manchester United
Sheikh Jassim Bin Hamad Al Thani has offered a world record fee for full control of Manchester United, his fifth and final bid. While neither Sheikh Jassim nor British billionaire Sir Jim Ratcliffe’s INEOS have been granted an exclusive agreement, Sheikh Jassim believes that the Glazer brothers are warming to the idea of a full sale. Trading in Manchester United shares on the New York Stock Exchange was temporarily paused due to ‘volatility,’ though shares resumed trading shortly afterwards, and were up 12 per cent on the day.
Heading: New Company Formed in Preparation for Bid
A new company, Nine Two UK Holdings Limited, was also incorporated in the UK on Thursday as part of Sheikh Jassim’s preparations should his bid be successful. The documents published on the Companies House website list Sheikh Jassim as an individual person with significant control of the company. He is listed as one of two directors, alongside Abdulrahman Abdulla Al Ansari. Al Ansari is also on the board of the Qatar Chamber, which describes itself as a non-profit public organisation whose mission is to represent, support and protect the interests of the business community in Qatar. Companies House says all shares in the new UK company are owned by Nine Two Holdings LLC, which was registered in Qatar in April. The listing confirms Sheikh Jassim was born in April 1982, making him 41 years old.
Heading: Fans Hopeful for Change
Manchester United fans are desperate to see the back of the unpopular Glazer family, while former player Rio Ferdinand revealed his hopes to see the Qatari takeover come through. Things are improving for the Red Devils on the pitch too with Erik ten Hag guiding them to Carabao Cup glory and a third-place finish which sees them make a return to the Champions League. They’re pursuing Chelsea star Mason Mount but a Qatari takeover could see them be at the table to sign more top players this summer.