According to a major Premier League source, Sheikh Jassim bin Hamad Al Thani or Sir Jim Ratcliffe will finalize a Manchester United takeover as a matter of ‘when’ rather than ‘if’. The Qatari monarch, in particular, has been supported to eventually meet the Glazers’ financial demands and raise his price to complete the transaction.
Since the Glazers announced a strategic review in November, Sheikh Jassim and Sir Jim have been at the center of an 11-month controversy Reported by Goal
Sheikh Jassim is said to have offered roughly £5 billion for a full sale, guaranteeing major investment in all areas of United.
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Meanwhile, Sir Jim is understood to have amended his bid to table £1.5 million for a 25% holding after initially targeting the Glazers’ 67% stake.
This would let the Glazers to keep control at Old Trafford before a phased takeover, finally putting Sir Jim in charge. However, the American family is said to have turned down the offer thus far.
Jon Smith, one of football’s earliest agents who was instrumental in the formation of the Premier League in 1992, recently spoke with Caught Offside about the United takeover, among
“To be honest here, I’m not inside this deal, but I know quite a few of the funds who are close to the two bidders,” Smith explained.
“It would appear vaguely intelligent for the Glazers to have looked again at the Gulf and said there’s a bigger game here, and we don’t want to sell ourselves short.
“They’ve got arguably the biggest entity on planet football, and if the Qataris are going to pay £5bn, maybe they’ll pay £10bn. Maybe it’s just a number, and they’ll settle on seven.
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