Sheikh Jassim bin Hamad al-Thani, the chairman of QIB, a Qatari bank has shown interest in acquiring the English football outfit, Manchester United.
On Friday, February 17, Manchester United became subject of an official bid of a minimum £4billion.
The bid from Sheikh al-Thani, via his Nine Two Foundation, came before Friday’s 10pm “soft” deadline for all potential buyers to lodge their opening offers for the club. Sir Jim Ratcliffe, Britain’s richest person, was also expected to make his intention to purchase United official.
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A Nine Two statement said:
“Sheikh Jassim bin Hamad al-Thani today confirmed his submission of a bid for 100% of Manchester United. The bid plans to return the club to its former glories both on and off the pitch, and – above all – will seek to place the fans at the heart of Manchester United once more.”
“The bid will be completely debt free via Sheikh Jassim’s Nine Two Foundation, which will look to invest in the football teams, the training centre, the stadium and wider infrastructure, the fan experience and the communities the Club supports.
The vision of the bid is for Manchester United to be renowned for footballing excellence, and regarded as the greatest football club in the world. More details of the bid will be released, when appropriate, if and when the bid process develops.”
