Bola.net – Sheikh Jassim finally chose to withdraw from his attempt to buy Manchester United. The tycoon from Qatar will not make another offer after receiving rejection from the Glazer Family.
The Manchester United sales process took a very long time. The Glazer family has opened the option to sell the club in 2022. From the start, there were two people competing, namely Sheikh Jassim and Sir Jim Ratcliffe.
Initially, there was optimism that sales would proceed quickly. Because, among United fans, the leadership of the Glazer Family is not popular. In fact, United fans have repeatedly staged open protests.
However, the sales process was very long and complicated. Now, the situation may not be pleasant for United fans. Come on, see the more complete review below Bolaneters.
1 of 3 pages
Sheikh Jassim resigns
Sheikh Jassim is very serious about buying Manchester United. He even proposed a very tempting purchase package, both for the Glazer Family and for United fans.
Because Sheikh Jassim is ready to buy 100 percent of United’s shares. He is also ready to pay off all the club’s debts. He is ready to ensure that United has no more debt.
To United fans, Sheikh Jassim also promised ‘heaven’. He is ready to make a big investment. Old Trafford will be overhauled. The club’s training center will be repaired. Then, large funds will be spent to recruit star players.
However, quoted from ESPN, an offer worth £5 billion was rejected by the Glazers. It was the final offer from Sheikh Jassim. There will be no other offers. Sheikh Jassim withdrew after his offer was rejected.
2 of 3 pages
Sir Jim Ratcliffe Makes a Maneuver
Sir Jim Ratcliffe (c) Wikipedia
Sheikh Jassim steps down. No other offers will be made. Sheikh Jassim will also not exercise an option to buy a minority stake in United.
Meanwhile, according to Fabrizio Romano’s report, a maneuver was made by Sir Jim Ratcliffe. New offers will be launched. Sir Jim Ratcliffe will buy 25 percent of United’s shares in the next few days.
Sir Jim Ratcliffe wants to take control of the sporting aspects and purchase options for other shares in the future. Manchester United’s Board of Directors has not yet made a decision regarding Sir Jim Ratcliffe’s plans. A vote will be held to take the final decision.
Source: ESPN, Fabrizio Romano
2023-10-14 21:34:00
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