Qatari Sheikh Jassim submits improved bid to buy Man Utd as Glazers hold out for £6bn takeover
QATAR’S SHEIKH JASSIM submitted a second bid for Manchester United overnight.
His representatives confirmed that another offer has been tabled, according to the BBC.
It’s claimed Sheikh Jassim’s group are “confident” with the offer they have proposed.
They also believe the offer is the best one for United and the local community.
Sky Sports report the bid to be worth around £5billion.
Current owners the Glazers value Manchester United at £6billion.
Meanwhile, Britain’s richest man, Sir Jim Ratcliffe, handed in his revised world record £5bn bid 24 hours ahead of Friday’s 4pm deadline.
Sheikh Jassim on the other hand was playing a game of “dare” with Manchester United’s sale agents as he effectively declared his own bid timetable.
But the offer did reportedly arrive overnight on Friday.
The Glazers have enlisted the services of US banking group Raine to oversee the sale process.
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Elsewhere, SunSport exclusively revealed on Friday that Finnish entrepreneur Thomas Zilliacus insists a trio of owners is the best way forward for the club.
He has tabled a bid himself but would prefer to link up with Sheikh Jassim and Ratcliffe in a three way push for the Red Devils.
US hedge fund Elliott Management have also made an offer for a minority stake in the club.
