- Chairman of Qatari bank joins race to buy Premier League club
- Thani promises to ‘return club to former glories on and off pitch’
Manchester United were the subject of an official bid of a minimum £4bn on Friday from Sheikh Jassim bin Hamad al-Thani, the chairman of QIB, a Qatari bank. The offer comes with a promise to load no debt on the club and to redevelop the club’s infrastructure.
The bid from Sheikh al-Thani, via his Nine Two Foundation, came before Friday’s 10pm “soft” deadline for all potential buyers to lodge their opening offers for the club. Sir Jim Ratcliffe, Britain’s richest person, was also expected to make his intention to purchase United official.
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