Two leading parties submit bids for Premier League club

The deadline for making a third offer for the Premier League club has now passed. However, two leading parties submitted their proposals, including Sheikh Jassim, the chairman of Qatar Islamic Bank and son of a former Qatari prime minister, and Ratcliffe, the owner of INEOS, Manchester born. Sheikh Jassim’s offer includes a pledge to invest significant sums in capital and infrastructure, and would remove all debt from the club. Meanwhile, Ratcliffe has made an updated offer for the club. The Glazer family, the current owners of United, are said to value United at £6 billion. It is reported that Carlyle, Elliott Management, Ares Management, and Sixth Street have also made minority investment proposals. However, the 1958 – a United supporters group – have led renewed protests against the Glazers and posted on Twitter that if you get in bed with Glazer, you are a Glazer. The fans will have their say this Sunday with a protest planned at the Premier League home match against Aston Villa. The march will continue onto Old Trafford and involve an 18-minute boycott of the match, one minute for each year the Glazers have driven the club into the ground.