Tag: MAN UTD SALE

Qatar's Sheikh Jassim and Sir Jim Ratcliffe's INEOS previously submitted their third and final bids to buy Man Utd on April 28; Sheikh Jassim's renewed offer would clear almost £1bn worth of debt at Man Utd and distribute ring-fenced funds for the club and community Sheikh Jassim's renewed offer, believed to be close to £5bn but shy of the Glazer family's £6bn valuation, was submitted to the Raine Group, the New York-based investment bank overseeing the sale of the club, on Tuesday morning. The third and final round of bidding concluded on April 28 but, with reports last week claiming a revised offer from Sir Jim Ratcliffe and INEOS had put them in pole position to acquire United, Sheikh Jassim has moved again. Sheikh Jassim believes his bid is a very competitive one which br...