FB IMG 1676739248436

Qatari investors,British Billionaire to battle over Man Utd takeover

A Manchester United takeover bid led by Qatari banker Sheikh Jassim bin Hamad bin Al Thani has and that of British billionaire Sir Jim Ratcliffe has been confirmed.

Both suitors, with their dreams of turning things around at the Old Trafford will now go head to head in the bid to buy off the club from the Glazer family.

“We can confirm that Sir Jim Ratcliffe and INEOS have submitted a bid for majority ownership of Manchester United Football Club,” the statement read on Friday.

“We would see our role as the long-term custodians of Manchester United on behalf of the fans and the wider community.

“We are ambitious and highly competitive and would want to invest in Manchester United to make them the number one club in the world once again.

“We also recognise that football governance in this country is at a crossroads. We would want to help lead this next chapter, deepening the culture of English football by making the club a beacon for a modern, progressive, fan-centred approach to ownership.

“We want a Manchester United anchored in its proud history and roots in the North-West of England, putting Manchester back into Manchester United and clearly focusing on winning the Champions League.”

Glazers announced last year November that they want to explore a potential sale process for the club and it’s wait to be seen where the pendulum of the proposals swings.

Leave a Reply

Your email address will not be published.