Ultimatum failed, Qatar will lose Manchester United

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By: Manu Tournoux

Despite sending a fifth offer to buy Manchester United, followed by pressure, Sheikh Jassim bin Hamad Al-Thani is set to fail. His competitor Jim Ratcliffe would be close to an agreement with the owners of the Red Devils.

More than six months after its sale, Manchester United may have identified its future buyer. This is at least the information relayed by the Daily Mirror which almost announces the final victory of Jim Ratcliffe. The boss of Ineos would be close to an agreement for the takeover of the Mancunian club. If the trend is confirmed, the Briton would therefore have beaten the competition represented by Sheikh Jassim Ben Hamad Al-Thani. And this despite the last attempt mentioned this week.

Qatar beaten despite last bid

Indeed, the Qatari has sent a fifth offer to the Raine Group bank mandated for this operation. L’Equipe revealed a proposal estimated at around 5.8 billion euros, not counting the billion euros invested in the accounts of Manchester United and its infrastructure. For the candidate’s representatives, it was an offer ” huge compared to the current and past price of the club’s action “. The entourage of Sheikh Jassim Ben Hamad Al-Thani had also taken advantage of the sending of this proposal to issue an ultimatum to the Glazer family, owners of the Red Devils.

Given that Sheikh Jassim has gone through all the required process since February 2023, and especially given that the transfer window opens in a few weeks and that he will have a huge influence on the future of the club, Sheikh Jassim will no longer make offerwarned someone close to the case. Therefore, Sheikh Jassim will no longer engage in the process after a deadline set for this Friday. Apparently the pressure shot didn’t work. Remember that Jim Ratcliffe, unlike the Qatari, does not want to buy all the shares. The owner of OGC Nice agrees to leave 20% to Joel and Avram Glazer, even if it means alienating the supporters who have risen against the current bosses.

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