Qatari billionaire Sheikh Jassim bin Hamad Al-Thani is confident of completing a takeover of Manchester United ahead of tonight’s third round deadline set by the Raine Group. Jassim has been the favourite since the opening proposals were made due to his financial superiority over the other bidders, and is promising to wipe United’s debt and make significant funds available to either renovate Old Trafford or build a new stadium. His rival, Sir Jim Ratcliffe, has floated the idea of keeping the Glazers on board, offering them the chance to remain at the club, with two of the six Glazer siblings keen to remain at Old Trafford. However, ESPN report that Jassim remains confident that his bid will be successful as he’s offering more than any other bidder. The Raine Group are likely to select one bidder to be given exclusivity in the coming days, where they will then finalise negotiations for a deal with the Glazers, depending on tonight’s final offers.
Sheikh Jassim Manchester United Takeover Bid Deadline
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