Sheikh Jassim has reportedly won the race to takeover at Manchester United ahead of Sir Jim Ratcliffe.

Sheikh Jassim Is Said To Complete A £6bn Takeover Of Man U
Sheikh Jassim

The saga has dragged on for months since the club was first put up for sale back in November.

Advertisements

However, according to The Sun, the Qatari royal is poised to purchase the Red Devils for around £6 billion ($7.9bn).

The report claims a date has been set for Jassim to take control.

However, the much-maligned Glazer family not being permitted to retain a stake in the club.

Ratcliffe, a British billionaire, had been the Qatari bid’s main rival.

Advertisements

Though it’s believed that his proposal would have included the Glazers continuing to have shares in the club.

Instead, Jassim will be completing a full takeover of United.

It is said that he intends to invest in the club’s stadium and infrastructure, while continuing to improve the first-team playing squads.

Read more: Bayern Munich ‘Blackmailed’ By Tottenham

Advertisements

An announcement of the takeover could be made as early as next month as United enter what they hope will be a successful new era.

Digital World: Nigerians Performance On Digital Platform

Advertisements

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.