The Manchester United sale process lasted many months. It ended with the sale of 29% of the club’s shares from the Glazers family to INEOS and therefore the entry of Jim Ratcliffe into the minority stake in the club. The English billionaire was not the only candidate, Qatar with Sheikh Jassim bin Hamad Al Thani also wanted to enter the capital of Manchester United. Except that during his five purchase offers, the president of the Islamic Bank of Qatar never provided a single proof of his financing, as indicated The Telegraph.
Still according to the English newspaper, Cheikh Jassim ended his takeover offer in October because of frustration with the difficulty of the process. This abandonment accelerated the sales process in favor of Jim Ratcliffe, who was able to negotiate the price of the shares and his entry into the capital of the Mancunian club.
