India's First International News Journal

30.1 C
Tuesday, March 28, 2023

Qatar: New developments regarding the Qatari and British offer to buy Manchester United

The sale of Manchester United has entered a new phase of possible acquisition by Sheikh Jassim bin Hamad bin Jassim bin Jabor Al Thani and British billionaire Jim Ratcliffe, according to British press reports Sunday.


And she said "Sky Sports" And"The Telegraph" Bidders will now have the opportunity to view the club’s financial details.


Neither offer reached the six-billion-pound ($7.2 billion) threshold set by the American club’s owner, the Glazer family, whose popularity with fans has waned increasingly.


None of the candidates revealed the value of the submitted offers, which may not be limited to Sheikh Jassim and Eneos offers.


The American investment bank, Ryan, responsible for the sale, targeted an investigation between 6 and 7 billion pounds ($7.18 and 8.43 billion) in its offers to investors, according to press reports, but this valuation was considered high, according to AFP.


And if the offers are not enough, it is not completely ruled out that the management of the English club will not be changed.

For latest updates and news follow The Eastern Herald on Google News, Instagram, Facebook, and also on Twitter.
Click here to show your support.
Arab Desk
Arab Desk
The Eastern Herald’s Arab Desk validates the stories published under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on

Public Reaction



Read More