Home » Sports » Sheikh Jassim’s Man Utd Takeover: Announcement, Completion Dates Revealed

Sheikh Jassim’s Man Utd Takeover: Announcement, Completion Dates Revealed

by Thomaz Oseghale
0 comment
Sheikh Jassim's Man Utd Takeover Announcement, Completion Dates Revealed

Here Is The Easy Money-Making Trick Everyone Is Talking About! Learn More Here!

Qatari businessman Sheikh Jassim is set to complete the full takeover of Manchester United within the next two months.

The Glazer family announced in November 2022 that they were seeking alternative investment for the club, leading to multiple bids from hedge funds.

The final and most significant offer came from Sheikh Jassim, totaling just over £5 billion.

It is expected that an announcement on the winning bid will be made next month, with the entire process set to be completed by mid-October.

Sheikh Jassim plans to wipe out the club’s current gross debt of £725m and has no intention of taking dividend payments like the Glazers.

Additionally, there are plans to upgrade both Old Trafford and the Carrington training ground, as well as continued investment in the team under Erik ten Hag.

This article was updated 5 months ago

BEFORE YOU GO...

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Copyright © – 2024 CIV DigiTech Media Ltd. All Rights Reserved