Sheikh Jassim increases bid to buy Manchester United from Glazer family


Source: skysports.com skysports.com

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Sheikh Jassim Bin Hamad Al Thani has submitted an increased fourth bid to buy Manchester United. 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. Timeline of Man Utd takeover process...