Key Points
Jim Ratcliffes Ineos has outbid a Qatari group led by Sheikh Jassim bin Hamad al-Thani in the battle to buy Manchester United, The Times reported on Saturday, citing sources...
Earlier in the day, Sheikh Jassim Bin Hamad Al Thani, the son of Qatars former prime minister, submitted his final bid for the entirety of Manchester United just before Fridays deadline, a person familiar with the matter told Reuters...
In addition to offering a figure to buy the English Premier League soccer club, Sheikh Jassims proposal also includes a plan for a further significant amount of additional capital and infrastructure investment, the source told Reuters, requesting anonymity because the matter is confidential...
Manchester Uniteds American owners launched a formal sale process late last year and have received several bids, including from British billionaire Jim Ratcliffe, founder of chemicals producer INEOS, and Finnish businessman Thomas Zilliacus...
Any sale of Manchester United would likely exceed the biggest sports deal so far, the $5.2 billion including debt and investments paid for Chelsea, sources told Reuters previously...
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