A preferred bidder is expected to be announced next week as the Manchester United takeover decision becomes imminent, with Sheikh Jassim bin Hamad al-Thani believing to be the favourite.
Sheikh Jassim had tabled his final offer, which is the fifth offer.
It is now either take it or leave it, and he seems to be a ready to walk away from the process because of the uncertainty over whether the Glazers want to sell or not.
The former Prime Minister of Qatar has been rivaling one of the richest men in the United Kingdom, Sir Jim Ratcliffe, who is thought to be leading the race to take over the Premier League giant, in part due to the composition of his offer.
However, it looks like the Qataris are still in the game, and they are likely to win the race. Jim Ratcliffe wants roughly 60% of the club and will allow the Glazers to stay.
His offer is thought to value the club slightly higher. Sheikh Jassim wants full control of the football club, and his bid is around £5 billion.
It also comes with the promise of mass investment in the squad, both male and female, and building the infrastructure at Old Trafford.
The former Prime Minister of Qatar also promised to clear off Manchester United’s debts.
The takeover process, which began last year, has dragged on and dominated headlines in a way that some feel has had an adverse effect.
There are concerns that the Glazers are looking forward to making a lot of profit from the sales.
The Glazers have been at the helm of the club since 2005, and they have seen a huge amount of protests from the fans due to the increase in debt.
Erik Ten Hag is set to face difficulties in the transfer window if the Glazers fail to sell the club.
The Glazers are not looking forward to investing a huge amount of money in the signing of new players.
Erik Ten Hag wants to sign a new midfielder, two strikers, a center back, a goalkeeper, and a right winger.
He wants those players ready for the pre-season, but Manchester United haven’t made a single bid for a player this season due to the takeover saga.
Manchester United USA Tour 2023
Manchester United will face Arsenal on July 22, 2023, at MetLife Stadium in New York. On July 25, 2023, Manchester United play against Wrexham.
On July 26, 2023, Manchester United will meet Real Madrid at the NRG Stadium in Houston, Texas.
Finally, the club will face Borussia Dortmund at the Allegiant Stadium in Las Vegas on July 30, 2023.
Who do you think will end up taking over Manchester United? Sir Jim Ratcliffe or Sheikh Jassim
