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Qatari businessman Sheikh Jassim has reportedly submitted a final offer to buy Manchester United from the Glazer family, including an additional investment close to £1bn directed solely at the club and community.
While Jassim is only interested in a 100% takeover, INEOS’ Sir Jim Ratcliffe is willing to keep the Glazer family on board with a 20% stake.
Journalist Ben Jacobs confirmed that Jassim will need to increase his offer if he wants to beat Ratcliffe in the battle for Man Utd.
The feeling is that Jassim’s offer will need to be raised in order to stand a chance of succeeding.
The Daily Mail reports that Jassim’s new bid “includes a separate pledged investment” and will clear all debt.
It’s now up to the Glazers to decide whether they want to sell at the right price.
