Dubbed to Take Over Manchester United From $4.7 Billion Worth Owners, Qatari Billionaire Could Make a $900 Million U-Turn

Published 05/22/2023, 7:50 AM EDT

The sale of Manchester United has been dragging on for a long time. With fans wanting the current American billionaires, the Glazer family, to sell the club, they have received bids from all over the world. However, there are many complications in the selling process of the famous English soccer club.

One of the bidders for the club is Sheikh Jassim bin Hamad al Thani. The Qatari bankers are looking to get hold of the club and bring it back to its promised land. But, as the deal slows down, Sheikh Jassim is becoming highly unlikely to own the club. Instead, the billionaires are switching their attention to other waters.

According to El Pais, reports are emerging on how a $900 million value club is attracting interest for Qatari bankers. Hence, things are looking interesting for the bidding wars.

Article continues below this ad

Qatari investors switch attention from Manchester United to other clubs

After launching a fourth bid to buy Man United, there are no updates on the recent bid. Preferably, the club looks to bring in Sir Jim Ratcliffe as he is a loyal fan of the club. As the deal with United is in doubt, Sheikh Jassim is interested in buying West Ham United. Despite their Premier League season not being up to the mark, they lie in 14th position. But, the club reached the Europa Conference League final and will play against the Italian side Fiorentina.

🚨🚨| NEW: Sheikh Jassim will consider BUYING West Ham if his bid for Manchester United falls through.
[El Pais] pic.twitter.com/3ikreQSL0m
— CentreGoals. (@centregoals) May 21, 2023

Reports suggest the billionaire is ” beginning to assess other entry options in the Premier League.” The potential owners are impressed with the club’s stature and the stadium. With a capacity of 60,000, they regularly fill the stands with their passionate fans. As matchday income is crucial for a club’s finances, it is a sensible option for the owners, who need not spend millions on a club that looks to delay its selling process.

Here’s Why $61 Billion Worth Industrial Chemicals Firm Wants to Invest in Manchester United

The Sheikh made a bid of $5 billion to capture the club. Hence, the deal looks complicated as the Ineos Group is in a pole position to purchase the club.

Article continues below this ad

Who will buy the prestigious club in England?

Although the Glazer family looks to sell the club, the deal is under troubled waters. For instance, they won’t sell the majority of the stake. But they want the new owners to take control while holding a little stake in the club. The sale of Manchester United goes on and on. For the Qatari group, they also have Tottenham Hotspur in their sights.

Whoever they own would be sensational for the club. The potential for the owners to invest heavily in the club is incredible. There’s enough funding to revolutionize the club. Thus, who do you think the next owners of United would be?

Article continues below this ad

WATCH THIS STORY- Meet the Legendary Tennis Player Who is 3x Richer than Cristiano Ronaldo

SHARE THIS ARTICLE :

Written by:

Jacob Gijy is a senior sports writer at EssentiallySports, with a passion for writing about soccer, NBA, and other American sports. He has published over 1500 articles to date, showcasing his creativity and engaging writing style that captivates his audience. As an ardent admirer of Arsenal, Jacob's soccer roots can be traced back to the legendary Thierry Henry.

Edited by:

Sreeda U M

Dubbed to Take Over Manchester United From $4.7 Billion Worth Owners, Qatari Billionaire Could Make a $900 Million U-Turn

Qatari investors switch attention from Manchester United to other clubs

Trending

Is Lionel Messi Playing Tonight for Inter Miami vs NY Red Bulls?

Pep Guardiola’s Net Worth in 2024: How Much Does the Manchester City Boss Earn From Salary, Endorsements & More

Erling Haaland Continues Domination Over Lionel Messi & Cristiano Ronaldo With 21st Hat-trick During Manchester City Vs Wolves

Is Cristiano Ronaldo Playing Tonight for Al Nassr vs Al Wehda in Saudi Pro League?

Who Is 18YO Vitor Roque’s 5 Years Older Fiancé Dayana Lins? All You Need to Know About FC Barcelona Star’s Partner

Who will buy the prestigious club in England?