Saturday, 18 February 2023

Qatari investors will fulfill the opening offer to take over Manchester United

By db-admin

DBasia.news – An opening bid of £5 billion for the Red Devils is expected to be made soon, according to Bloomberg.

A consortium of Qatari investors, including former prime minister Hamad bin Jassim bin Jaber Al Thani, is currently finalizing their bid for the Red Devils.

Meanwhile, British billionaire, Jim Ratcliffe is also said to be involved after announcing in January that he was in the process of purchasing the Premier League club.

Investors from Saudi Arabia and the United States are expected to join the bidding as the race to take over the Red Devils intensifies, according to Sky. Preliminary bids must be submitted to Raine Group, which oversees the sale, by 10pm local time Friday.

Doha Arabic’s chief editor, Majed Al Khelaifi, hinted at United’s successful acquisition by tweeting: “Man United belongs to Qatar.”

Qatari journalists also posted a similar image suggesting the Red Devils will soon have a new owner with a post on Twitter which read: “After the obstinacy of Liverpool’s owners and their refusal to give a percentage exceeding 49% (an amount that will determine the club’s future), the direction of the wind has completely changed to Manchester United, and instead the steps are simple to announce the acquisition of United.”

The Red Devils are back in action in the Premier League by hosting Leicester City on Sunday (19/2) evening WIB.

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