After his representatives visited Manchester United, Sheikh Jassim bin Hamid al Thani will submit a second bid to Manchester United.
Sky News’ Rob Harris, a Sky News sports correspondent, reported that the delegation spent 10 hours at club Thursday. They had access to the books and plan to continue the purchase.
Chairman of Qatar Islamic Bank (QIB), the sheikh had made an indicative bid a month before the soft deadline. All bidders will be required to submit a second bid within the next 10 days.
Sky Sports News reported that unnamed sources in New York stated that “there should not be any doubt that Sheikh Jassim would like to be the owner/custodian” of United.
Although Sheikh Jassim, his team and others have visited Old Trafford before as fans, the main focus of the most recent visit was to assess the impact of their capital investment on infrastructure, youth development, and the women’s team.
His top team included experts in finance, banking and property law.
Sir Jim Ratcliffe, founder of INEOS, has also offered to purchase the club.
Ratcliffe (70) was scheduled to fly from Nice on Thursday for a presentation by United’s management team and INEOS sport representatives.
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Glazer Family, the current owners of the club, has not yet confirmed that they are interested in selling, but they will encourage bidding wars.
Elliott Management, a US hedge fund, confirmed that they were interested in purchasing the club, but they also want to finance the parties, Sky Sports News reported.