Qatari sheikh offered $6.3 billion for Manchester United – Kommersant

Qatari sheikh offered $6.3 billion for Manchester United - Kommersant

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President of Qatar Islamic Bank (QIB), one of the largest banks in Qatar, Sheikh Jassim bin Hamad Al Thani, has filed an official application for the purchase of 100% of Manchester United shares. He is ready to offer for the club £ 5 billion ($ 6.3 billion), reports Bloomberg with reference to sources.

According to one of the interlocutors of the agency, the proposal of the Qatari sheikh includes “additional amounts for club premises and other investments.” Another contender for the purchase of a football club – Sir Jim Ratcliffe – also applied. It had to be sent before 22:00 yesterday, April 28. Both potential buyers declined to comment.

The fact that Mr. bin Hamad Al Thani intends to buy Manchester United, reported in February. Then the deal was valued at €4.5 billion. Sheikh said he wanted to return the club “to its former glory on and off the field.” In April Sky news wrotethat the American investment company Carlyle is also considering buying shares in Manchester United.

Laura Keffer

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