Qatari businessman Sheikh Jassim has withdrawn from the process to buy Manchester United, a source has told ESPN.
Sheikh Jassim held further talks with United's owners, the Glazer family, in the last few days but, according to a source, has decided the valuation of the club is unrealistic.Sheikh Jassim's bid is worth close to £5 billion . Sources have told ESPN that the Glazers value United at more than £6bn. The current market value of the club is around £2.6bn.A source has told ESPN that British billionaire Sir Jim Ratcliffe and his INEOS consortium remain in the process.
Sources have told ESPN that the Glazers have also received offers of minority investment from a number of U.S. based financial groups.
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