Sheikh Jassim bin Hamad Al Thani is reportedly considering making a fresh offer for Manchester United, as he aims to bridge the gap between his bid and the Glazers’ £6bn asking price.
The Qatari billionaire has been in discussions regarding a possible takeover of the 20-time English champions for almost a year now.
While the takeover process has faced recent setbacks, it appears that both Sheikh Jassim and his main competitor, Sir Jim Ratcliffe, have tabled offers of £5bn each.
Recent reports suggest that the Glazers are evaluating their position, while Sheikh Jassim and Ratcliffe remain committed to their pursuit of acquiring the Red Devils.
Ben Jacobs, a respected journalist, believes that it would be premature to rule out another bid from Sheikh Jassim.
He points out that previous deadlines for bids were not strictly adhered to, indicating that there might still be room for negotiation.
Despite fan protests against the Glazers, both Sheikh Jassim and Ratcliffe have reportedly remained undeterred by Manchester United’s mixed start to the 2023-24 season.
With three wins and three losses in the Premier League, as well as a defeat in their Champions League opener against Bayern Munich, the Red Devils have faced early challenges.
Sheikh Jassim not only aims to assume full ownership of Manchester United but also plans to invest significant funds in renovating Old Trafford and the club’s training ground.
On the other hand, Ratcliffe is currently seeking a controlling stake, with a full takeover scheduled for three years later under his proposed strategy.
As Manchester United prepares to face Crystal Palace in the EFL Cup on Tuesday night, the potential takeover by Sheikh Jassim adds an extra layer of intrigue to the club’s ongoing developments.
