Sheikh Jassim bin Hamad Al Thani, elder brother of the Emir of Qatar, confirmed on Friday that he had made an offer to the Glazer family for “one hundred per cent” of Manchester United.
In his press release he affirms that the offer will be “completely debt-free” and that his goal is to transform the team into the “best” club in the world, for this he promises a strong investment “in the football clubs, the sports center, the stadium and in improving the relationship of supporters with the club”.
The current owners of Manchester United, the Glazer family, have entrusted the sale of the club into the hands of the Raine Group bank, which they value at around 6,000 million euros. The deadline for bidding for the most successful team in the UK ends this Friday.
Jassim Bin Hamad Al Thani is a member of the Qatari royal family and is determined to buy Manchester United.
The offer is aimed at bringing the club back to its former glory on and off the pitch and, above all, will try to put the fans back at the center of society. “The purchase will take on any debt through the Nine Two Foundation, who will seek to invest in the football club, training centre, Old Trafford, infrastructure improvements, fan experiences and the communities in which the club is involved “, reads the note.
Qatar will enter the Manchester United project through QIB, one of the main banks in the country and whose majority shareholder is the Qatar Investment Authority fund, owner of Qatar Sports Investments (QSI), which controls PSG.
If the purchase is confirmed, Qatar will handle the fate of two of Europe’s most powerful clubs, PSG and Manchester United which could give rise to a conflict of interest in UEFA continental competitions.
Elon Musk, another candidate to buy United Elon Musk, tycoon born in South Africa, but naturalized American and Canadian, and recent creditor of the social network Twitter, shareholder of the Tesla company and former owner of Pay Pal, is the richest person in the il world with a fortune of approximately 218,000 million dollars, as confirmed by a study carried out in 2021.
As confirmed by the British media Sky Sports on its social networks, he intended to be one of the bidders to stay with the team in which the reigning Argentine world champion Lisandro Martínez acts.
Your offer would be around 4,500 million euros. Despite the billionaire businessman once denying the possibility of buying a sports team, he posted on his networks in August 2022 that “if I were to buy a club, it would be Manchester United” because they are his “favorite team to when he was little”.
Judging by the 6 billion at which the “Red Devils” were valued, it seems that the eccentric millionaire will be out of the race.
Source: Clarin
Jason Root is the go-to source for sports coverage at News Rebeat. With a passion for athletics and an in-depth knowledge of the latest sports trends, Jason provides comprehensive and engaging analysis of the world of sports.