With £6billion Man United count the days to welcome a new owner

The Qatari prince and British millionaire Sir Jim Ratcliff have been in a competitive relationship ever since the Glazer family declared it was willing to sell the Old Trafford club, and Sheikh Jassim is said to have emerged victorious.

Sheikh Jassim vội vã tăng giá mua Man.United | CHUYÊN TRANG THỂ THAO

Reportedly, Sheikh Jassim emerged victorious in the Manchester United purchase competition and is set to finalize the £6 billion agreement in October.

Since the Glazer family declared it was willing to selling the Old Trafford club, Sheikh Jassim has been in rivalry with British billionaire Sir Jim Ratcliff, and it now appears that Sheikh Jassim has emerged victorious, according to The Sun.

The Glazers were originally eager to keep owning shares at Manchester United, but after receiving warnings from high-ranking club officials about possible fan outrage, they have now decided to turn over 100% of the asset.

While Sheikh Jassim and his team conduct their due diligence, the transaction is expected to be finished by the middle of October, and the article also mentions that an announcement might be made as early as the next month.

The Glazers will reap enormous returns on their initial investment of £790 million, which they paid for Manchester United in 2005.

If everything proceeds as scheduled in October, the Glazers’ November 2022 sale of the Old Trafford club will end the drama that has been going on for a whole year.

At the time, the club released the following statement: “One of the most illustrious and successful sports organizations in the world, Manchester United plc, announces today that the Board of Directors of the Company is starting a process to explore strategic alternatives for the club.”

“The ultimate purpose of the process is to position the club to take advantage of possibilities on the field as well as in the marketplace, with the process being geared to promote the club’s future growth.

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“The Board will take into account all strategic options during this process, such as fresh club investment, a sale, or other business dealings.

The club’s commercial operations will be expanded globally, and the stadium and infrastructure will be redeveloped, among other initiatives to strengthen the club. All of these will be done with an eye toward improving the long-term success of the club’s men’s, women’s, and academy teams as well as benefiting supporters and other stakeholders.

Sheikh Jassim has big ambitions for Manchester United, which include making improvements and investments at the Carrington training facility and the Old Trafford stadium.

After mutually deciding to leave the club, Cristiano Ronaldo publicly took aim at the manner in which United had failed to advance during the Glazer era.