Qatar Consortium Vows to Secure the “Magical” Deal – Latest in Sports

Manchester United executives recently met with a group of potential buyers. It is reported that in addition to the representatives of the two major camps known to the media, the Qatari consortium and Sir Rajeev, the richest man in the United Kingdom, there are other undisclosed investors. After this meeting, they will make revisions to the proposals submitted, and then they will make a second bid before 9:00 p.m. on Wednesday.

The American investment bank Raine Group, which handles the transaction on behalf of the Grassa family, will announce the buyer with the greatest chance of success after receiving the offer, and hand over more club documents to the other party, and before reaching an agreement with the Grassa family, A full review will be conducted.

According to sources, the Qatari consortium’s initial offer was 4.5 billion pounds, far below the Glasha family’s ideal price of 6 billion pounds, but the leader of the consortium, Shesham, promised to increase the offer to 5.5 billion pounds. On the other hand, the INEOS Group led by Sir Rajeev may not be able to meet the requirements of the Grasha family, and compared with the Qatar consortium whose goal is to fully own the club, they are only willing to acquire 69% of the club’s shares.

However, when he visited Altford last Friday, Sir Rajeev had a meeting with Manchester United coach Tansia, and he may want to win more support from insiders and fans. It is unknown whether this will increase their bidding costs.

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