{"id":49391,"date":"2023-05-17T09:25:11","date_gmt":"2023-05-17T09:25:11","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/all-news\/qatars-sheikh-jassim-makes-improved-bid-for-man-utd"},"modified":"2023-05-17T10:05:49","modified_gmt":"2023-05-17T10:05:49","slug":"qatars-sheikh-jassim-makes-improved-bid-for-man-utd","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/qatars-sheikh-jassim-makes-improved-bid-for-man-utd","title":{"rendered":"Qatar’s Sheikh Jassim makes improved bid for Man Utd"},"content":{"rendered":"

Africa-Press – Uganda. <\/strong><\/span>Qatari banker Sheikh Jassim bin Hamad Al Thani has made an improved bid to secure Manchester United from the Glazer family, a source close to the bid told AFP<\/b> on Tuesday.<\/p>\n

Sheikh Jassim is in a bidding war with British billionaire Jim Ratcliffe after the pair emerged as the main contenders to buy the Premier League giants.<\/p>\n

Ratcliffe appeared to be the front runner when a third round of bidding closed last month.<\/p>\n

INEOS chemical company founder Ratcliffe, a boyhood United fan, had reportedly placed a higher valuation on the club as he seeks a majority stake.<\/p>\n

However, his bid could allow for executive co-chairmen Avram and Joel Glazer to remain invested in the Red Devils – a move that would be deeply unpopular with supporters.<\/p>\n

By contrast, Sheikh Jassim’s bid is for 100 percent control of the club and promises to wipe United’s \u00a3970 million ($1.2 billion) debt.<\/p>\n

The Glazers, who have failed to win over the fans since they saddled the club with debt in a \u00a3790 million leveraged takeover in 2005, appeared ready to cash out at an enormous profit when they first invited external investment in November.<\/p>\n

However, they are reportedly holding out for a world record \u00a36 billion fee for a football club before they agree to sell.<\/p>\n

The Manchester United Supporters’ Trust (MUST) has called for a swift conclusion to the process to allow new owners to be in place for the summer transfer window.<\/p>\n

United’s fortunes on the field have slumped during the Glazers’ reign in charge.<\/p>\n

They have not won a Premier League title since former manager Alex Ferguson retired a decade ago.<\/p>\n

But United did end a six-year trophy drought earlier this season when they lifted the League Cup in Erik ten Hag’s first year as manager.<\/p>\n

For More News And Analysis About Uganda<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Uganda. Qatari banker Sheikh Jassim bin Hamad Al Thani has made an improved bid to secure Manchester United from the Glazer family, a source close to the bid told AFP on Tuesday. Sheikh Jassim is in a bidding war with British billionaire Jim Ratcliffe after the pair emerged as the main contenders to […]<\/p>\n","protected":false},"author":84,"featured_media":49390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,17],"tags":[233,240,234],"class_list":["post-49391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-sport","tag-africa-press","tag-africa-press-uganda","tag-uganda"],"yoast_head":"\nQatar's Sheikh Jassim makes improved bid for Man Utd - Uganda<\/title>\n<meta name=\"description\" content=\"Qatari banker Sheikh Jassim bin Hamad Al Thani has made an improved bid to secure Manchester United from the Glazer fami ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/qatars-sheikh-jassim-makes-improved-bid-for-man-utd\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qatar's Sheikh Jassim makes improved bid for Man Utd\" \/>\n<meta property=\"og:description\" content=\"Qatari banker Sheikh Jassim bin Hamad Al Thani has made an improved bid to secure Manchester United from the Glazer fami ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/uganda\/all-news\/qatars-sheikh-jassim-makes-improved-bid-for-man-utd\" \/>\n<meta property=\"og:site_name\" content=\"Uganda\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-17T09:25:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-17T10:05:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/05\/postQueueImg_1684302916.48.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"688\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/qatars-sheikh-jassim-makes-improved-bid-for-man-utd#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/qatars-sheikh-jassim-makes-improved-bid-for-man-utd\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Qatar’s Sheikh Jassim makes improved bid for Man Utd\",\"datePublished\":\"2023-05-17T09:25:11+00:00\",\"dateModified\":\"2023-05-17T10:05:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/qatars-sheikh-jassim-makes-improved-bid-for-man-utd\"},\"wordCount\":316,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/qatars-sheikh-jassim-makes-improved-bid-for-man-utd#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/05\/postQueueImg_1684302916.48.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Uganda\",\"uganda\"],\"articleSection\":[\"all news\",\"sport\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/qatars-sheikh-jassim-makes-improved-bid-for-man-utd#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/qatars-sheikh-jassim-makes-improved-bid-for-man-utd\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/qatars-sheikh-jassim-makes-improved-bid-for-man-utd\",\"name\":\"Qatar's Sheikh Jassim makes improved bid for Man Utd - 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