Qatari billionaire Sheikh Jassim has reportedly made a world record bid to takeover Manchester United, as the third round of bidding has finished.According to Sky Sports, the 63-year-old has made a bid of £5 billion in order to take complete control of the club from the Glazer family.
The report says that the Qatari, who was part of a third round of bidding along with Sir Jim Ratcliffe, made his bid just minutes before the 10pm deadline on Friday night.
“The bid went in very close to the deadline, worth just over £5bn,” chief reporter Kaveh Solhekol told Sky Sports News.
Significantly, as well as giving that money to the Glazers, Sheikh Jassim says there is another big pot of financing available to strengthen the squad, improve the infrastructure including the stadium, and to invest in the local community.”People close to the Sheikh have been telling me they’re convinced this is the best bid – there’s not one that comes close to this.
“It’s for 100 per cent of the club, it’s debt free, and money will be made available not just to Erik Ten Hag but also for improving the infrastructure around the club; doing the kind of thing Man City have done in Manchester.”They believe this is the best bid, the final bid they’re going to make – now it’s up to the Glazers. Are they really serious about selling Man Utd with a world-record bid on the table? It’s not just exceptional for them, and will see them make an awful lot of profit, but the Qataris believe it’s also the best offer for the sake of the club.”