Report: Qatari Sheikh bids to buy Manchester United
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President of Qatar Islamic Bank (QIB), one of the largest banks in Qatar, Sheikh Jassim bin Hamad Al Thani announced his intention to buy 100% of the shares of the football club (FC) Manchester United, the channel reports. R.M.C. Sport. The deal could be worth €4.5 billion. Sheikh said he wants to return the club to “the former glory on and off the field.”
The fact that the sheikh applied for the purchase of the club also writes Sky Sports. According to the portal, the desire to buy the club was also expressed by the head of the chemical company Ineos, British billionaire Jim Ratcliffe. To qualify for the purchase, those who wish had to register an application yesterday, February 17, with the New York bank Raine Group, which advises the current owners of the club, the Glazer brothers. Both the sheikh and Mr. Ratcliffe applied.
The Glaser family has been looking for buyers for Manchester United since autumn 2022. The snag is that the Americans have requested a fantastic amount for the market – 6 billion ($7.26 billion). This is more than twice the capitalization of the club, which is $ 3.5 billion. No other professional sports club in history has been valued so dearly.
Details – in the material “Kommersant” “Manchester United are waiting for hosts from the East”.
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