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Qatar: New developments regarding the Qatari and British offer to buy Manchester United

March 6, 2023

The sale of Manchester United has entered a new phase of possible acquisition by Sheikh Jassim bin Hamad bin Jassim bin Jabor Al Thani and British billionaire Jim Ratcliffe, according to British press reports Sunday.

And she said "Sky Sports" And"The Telegraph" Bidders will now have the opportunity to view the club’s financial details.

Neither offer reached the six-billion-pound ($7.2 billion) threshold set by the American club’s owner, the Glazer family, whose popularity with fans has waned increasingly.

None of the candidates revealed the value of the submitted offers, which may not be limited to Sheikh Jassim and Eneos offers.

The American investment bank, Ryan, responsible for the sale, targeted an investigation between 6 and 7 billion pounds ($7.18 and 8.43 billion) in its offers to investors, according to press reports, but this valuation was considered high, according to AFP.

And if the offers are not enough, it is not completely ruled out that the management of the English club will not be changed.

Arab Desk

Arab Desk

The Arab Desk leads The Eastern Herald's reporting on the Middle East and North Africa. The desk has covered the Gaza-Israel war since October 2023, the Iran-Israel war of 2025-2026, the fall of the Assad government in Syria, Hezbollah's political and military shifts in Lebanon, the war in Yemen, and the diplomatic realignment of the Gulf states under the Abraham Accords and the Saudi-Iranian rapprochement.

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