Jassim Bin Hamad al Thani and Jim Ratcliffe have made a second bid to buy Manchester United

“We can confirm that our offer has been submitted”, told AFP a source close to the Qatari Sheikh, Jassim Bin Hamad al Thani, following the second phase of the auction to acquire Manchester United. Jim Ratcliffe, the owner of Ineos and OGC Nice, also participated, according to the English press.

The first call for tenders had resulted in valuations around 5 billion euros, while the Glazer family, which owns the club, expects 7. Still according to the English media, the offers this time reached or slightly exceeded the 5 billion pounds (5.7 billion euros).

This sum is a record for a collective sports club in the world, but remains below what the American owners are hoping for, which maintains uncertainty regarding the rest of the sale process.

“The next steps will depend on the seller, we do not expect an immediate response”told the same source to AFP.

Photo of author

Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

Alfa ignored Juan Reverdito and continued the confrontation

Twice as many reactions to COVID vaccines

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.