Qatar's Sheikh Jassim bin Hamad Al Thani is withdrawing his offer to buy Manchester United, a person with knowledge of the process told The Associated Press. The person spoke on the condition of anonymity because of confidentiality restrictions.
Football supporters show a banner before the start of the English Premier League soccer match between Manchester United and Brentford at the Old Trafford stadium in Manchester, England, Saturday, Oct. 7, 2023.Manchester supporters await the start of the English Premier League soccer match between Manchester United and Brentford at the Old Trafford stadium in Manchester, England, Saturday, Oct. 7, 2023.
Along with British billionaire Jim Ratcliffe, the Qatari banker was one of only two bidders to publicly declare their intention to buy out United owners, the Glazer family.England beats Australia 1-0 as Watkins’ hot streak continues with winning goalBut almost a year since bids were invited for the 20-time English league champions, Sheikh Jassim has informed the Glazers he is withdrawing his offer, the person said.
The person said Sheikh Jassim’s bid was almost double United’s current market valuation of $3.2 billion. Ratcliffe’s offer remains in place, although it has been reported that he is prepared to accept a minority stake.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Fake Sheikh Season 1 Streaming: Watch & Stream via Amazon Prime VideoSavior Complex Season 1 can be streamed online via HBO Max. Click the link to get all the required information on how to watch it online.
Read more »
Why The United States’ Relationship With Wildfire Is ChangingI am the former editor of Air Quality News and Environment Journal. I have been a writer for more than 20 years, having covered everything from local government to Doctor Who. In the past, I have contributed to Utility Week, Classic Rock and many more.
Read more »
David Beckham says he supports a sale of Manchester UnitedDavid Beckham says he supports a takeover of Manchester United, but has not been involved in a potential deal with Qatar.
Read more »
David Beckham says he supports a sale of Manchester UnitedDavid Beckham says he supports a takeover of Manchester United, but has not been involved in a potential deal with Qatar.
Read more »