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Home Latest News

EPL | Glazers finally Accept Qatari Bid for Man Utd, Sheikh Jassim Begins due Diligence | METROWATCH

Seyi Babalola by Seyi Babalola
August 23, 2023
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Qatari banker

Qatari banker, Sheikh Jassim’s £ 6 billion offer to buy Manchester United has finally been accepted by the Glazer family, the UK Sun reports.

The negotiations have dragged on for over nine months now.

The Glazers initially claimed they were “exploring strategic alternatives” in November 2022.

The bidding process has been whittled down to two bids – Qatari-backed Sheikh Jassim and Ineos founder Sir Jim Ratcliffe.

The Glazers have been weighing up the two offers, with Ratcliffe’s bid favoured by Joel and Avram, as it would have allowed them to retain their shares.

But Sheikh Jassim kept increasing his offer and the Glazer siblings have at last managed to all agree and will commit to a full sale of the club.

READ ALSO  INEC Budgets N305Bn for 2023 Elections

This means the family’s controversial 18-year reign at Old Trafford is set to come to an end.

Tags: Qatari bankerSheikh Jassim
Seyi Babalola

Seyi Babalola

Experienced Communications Expert and Journalist with an excellent track record of overseeing every aspect of news publishing from research, news collection/sourcing, editing and distribution. Adept at planning and implementing strategic initiatives across PR, broadcast and digital marketing to attract the target audience. Versatile and proactive individual with interest in public relations, media management, and Fact Checks.

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Premier League | Sheikh Jassim Withdraws from Man Utd Bid | METROWATCH

by Seyi Babalola
October 14, 2023
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By Seyi Babalola Sheikh Jassim bin Hamad Al Thani, the Emir of Qatar, has held more negotiations regarding purchasing Manchester...

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