Qatari banker Sheikh Jassim bin Hamad Al Thani and British billionaire Jim Ratcliffe make their third and final offers to buy English Premier League football club Manchester United
In addition to offering a figure to buy the English Premier League football club, Sheikh Jassim's proposal also includes a plan for a further significant amount of additional capital and infrastructure investment.INEOS chemical company founder Ratcliffe, a boyhood United fan who failed in his attempt to buy Chelsea last year, reportedly wants to purchase a controlling stake in United of more than 50 percent.
While Sheikh Jassim's latest offer is reported to be over $6.2 billion , the size of Ratcliffe's improved bid was yet to be made public when Friday's deadline for the third round of bidding passed at 2100 GMT. That would allow United's executive co-chairmen Joel and Avram Glazer to remain as shareholders with a 20 percent stake, which has raised concerns among a fanbase tired of the Americans' controversial reign.
However, Elliot Investment Management and The Carlyle Group are among the private equity firms in the market for a minority stake that could allow the Glazers to retain control and provide the funding for investment in the club's infrastructure.
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