Man United sale: Qatari banker Sheikh Jassim is withdrawing his bid

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Man United sale: Qatari banker Sheikh Jassim is withdrawing his bid
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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 last October 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. The Associated Press contacted United and merchant bank Raine, which is handling the sale process, for comment. Sheikh Jassim, the chairman of Qatar Islamic Bank and son of a former Qatari prime minister, was bidding to take 100% ownership of United, which appealed to fans who are desperate to say goodbye to the Glazers.

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