Sheikh Jassim camp confident of Man Utd bid success

Football
20 Feb 2023 • 6:14 PM MYT
Tribal Football
Tribal Football

Tribal Football covers news from the Premier League, LaLiga and Serie A

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Sheikh Jassim's camp are confident of their bid for Manchester United being successful.

The Daily Mail says while there are numerous offers of investment in exchange for a partial stake in United, Qatar face opposition from Ineos chief Sir Jim Ratcliffe and unnamed American groups for full control.

Ratcliffe wants to take a majority share, while the Qataris have disclosed that they have submitted an offer for 100 per cent of the club. Giant US hedge fund Elliott has also offered to provide financing for a bid that would not be a full takeover.

US merchant bankers Raine Group, who are overseeing the process, are believed to be frustrated at bidders going public with their offers for United.

Those involved with the Qatar bid remain quietly confident of success ahead of what could be another two or three rounds of bidding.