According to Sky Sports journalist Kaveh Solhekol, Sheikh Jassim bin Hamad Al Thani watched Man Utd’s 0-7 loss to Liverpool on television.
The owners of Qatar are said to have not changed their intention to buy Man Utd despite the poor results of this team in the match against Liverpool on March 5.
According to Sky Sports journalist Kavel Solhekol, Sheikh Jassim bin Hamad Al Thani watched Man Utd’s 0-7 loss to Liverpool on television. Al Thani still wants to buy back the Manchester team, although the results against Liverpool were not as expected.
Al Thani is the son of former Qatari Prime Minister Hamad bin Jassim bin Jaber Al Thani. According to The Athletic, this man has been an avid Red Devils fan since he was a 10-year-old boy in 1992. Therefore, Al Thani was determined to win the bid to buy Man Utd.
The Qatari royal family has to compete with bιllιonaire Sir Jim Ratcliffe, who receives advice and support from two US investment and wealth banks, Goldman Sachs and JP Morgan. In addition, a third US-based unit is also on the Glazer family’s guest list. Meetings are expected to take place within the next two weeks.
Al Thani’s plan is considered the most detailed. Accordingly, the owner of Qatar announced that he would immediately pay the entire cost of acquiring Man United without leaving any debt, invest in the team’s infrastructure and wipe out the debt that the Glazer family owes. forced Man Utd to bear for many years.
Meanwhile, the US owner received bids from partners on February 17, but up to this point, they have not made any decisions. Because of this “slow as a turtle” move, as described by the British press, Man Utd shares plummeted 13% on February 27. This shows that the Glazer family is under pressure to sell Man Utd. They are taking a Ԁɑ𝚗ɡегous move and need to make an early decision at the best time.
Since the acquisition of Man Utd in the form of debt, the Glazers have spent only £175 million of their own money in 17 years of rule. They always receive an annual dividend. Thus, the amount of money the Glazer family received in the case of selling Man Utd could be more than 40 times the amount they spent for the team.
According to the Sun, Sheikh Jassim Bin Hamad Al Thani, Chairman of Qatari Bank QIB, and Jim Ratcliffe, a 67-year-old British billionaire are about to be invited to Old Trafford to negotiate the acquisition of Man Utd. In addition, a third US-based unit is also on the Glazer family’s guest list. Meetings are expected to take place within the next two weeks.
However, the sale of Man Utd is in Ԁɑ𝚗ɡег of falling apart. Two of the Glazer brothers, Joel and Avram, were not interested in this. In the opposite direction, other members of the Glazer family want to sell Man Utd.
Bιllιonaires like Al Thani or Ratcliffe are also having a headache because they do not know whether the current owner of Man Utd wants to sell the team or not. They all want the deal to be completed by May 31, right before the summer transfer window opens.
Because of those concerns, as of now, no formal offers have been sent to the Glazers. In addition, the price is also an issue. While Al Thani and Ratcliffe value Man Utd at 4.5 bιllιon pounds, the Glazers want to collect 6 bιllιon pounds.
The Glazers have been in power at Old Trafford for 17 years since they bought the club with financial leverage for £790 million in 2005. Avram and his brother Joel are key figures in the running of the club. Over the years, the Glazer family received a lot of criticism for just wanting to extract from the team. They have often been opposed by Man Utd fans in recent times.