Manchester United in Exclusive Negotiations with Sheikh Jassim
Manchester United are reportedly in advanced negotiations with Sheikh Jassim. The Qatari royal is said to be the preferred bidder for the club, with an exclusivity agreement on the horizon.
A Huge £6 Billion Deal is Coming
The long-lasting story of Manchester United being bought seems to be almost over, with Qatar’s Sheikh Jassim bin Hamad al-Thani ready to finish a deal. According to Reuters, a group led by the Qatari politician has started talks over an agreement with the Red Devils, hoping to finish a deal worth more than £6 billion.
Sheikh Jassim has become the top choice after meeting the Glazers’ needs and outbidding fellow contender Sir Jim Ratcliffe, who thought the club was worth a lower £4.5 billion. If the agreement is finished, Manchester United will not be allowed to talk with other interested buyers, with the Qatari rich person keen to finish the deal.
Fans’ Unhappiness with the Glazers
Manchester United fans have been asking for the Glazers to give up control of the club after years of bad decisions that have seen the Red Devils lose their place as a top team in English football. Even though they are working hard to get back their place as the top team in the English top league, they are still far behind their Manchester rivals after finishing 14 points behind the Premier League champions last season.
A New Time Coming Soon?
The Glazers have been slow to give up their role as the main owners of the club, which would end their 18-year time as big parts of the Manchester United group. However, with an offer that meets their needs on the table and strong dislike from the Old Trafford fans, the Manchester United fans could get their wish before the start of the new season.
Manchester United is seen by many as one of the most valuable clubs in the sports world, having become the most successful club in England. A £6 billion buyout would be one of the biggest sports deals ever. The Red Devils are ready to start the new season with a big game against Tottenham Hotspur, and there could be new owners in charge before their trip to North London.