A second offer from Sheikh Jassim bin Hamad to buy Manchester United

A second offer from Sheikh Jassim bin Hamad to buy Manchester United Qatari banker Sheikh Jassim bin Hamad Al Thani made his second bid to buy Manchester United Football Club, according to British media reported on Saturday.  Sources told Reuters today, Saturday, that Sheikh Jassim bin Hamad Al Thani, son of the former Qatari prime minister, made a new offer to buy Manchester United, the English Premier League soccer giant.  According to the agency, Sheikh Jassim, the son of former Qatari Prime Minister Hamad bin Jassim, made his previous offer last February.  A spokesman representing Sheikh Jassim at the time said that the offer was without resorting to any loans through Sheikh Jassim's Nine Two Foundation.  No financial details of the new offer were disclosed.  The network (Sky Sports News) reported earlier today that the value of the new offer is about five billion pounds (6.12 billion US dollars), but reports on its website at a later time did not mention the value.  The American Glazer family, which owns United, began the process of selling the club and received several offers, including from British billionaire Jim Ratcliffe, founder of the chemical company Ineos, and Finnish businessman Thomas Ziliakos.  Sources told Reuters earlier that any sale to United would likely exceed the biggest sporting deal to date, at $5.2 billion including debt and investment paid for Chelsea.  According to media reports, the deadline set at 9:00 GMT on Wednesday was extended by the American investment bank “Ryan”, which is helping to sell the club, after confusion about the date of the deadline.  The Glazer family has angered many United fans as a result of burdening the club with huge debts since its acquisition in 2005.  They appeared poised to turn a huge profit when they called for outside investment in the club in November.  United comes fourth in the list of the richest football clubs in the world, according to Deloitte analysis, and many view the club as one of the most important assets in the world of sport in general

Qatari banker Sheikh Jassim bin Hamad Al Thani made his second bid to buy Manchester United Football Club, according to British media reported on Saturday.

Sources told Reuters today, Saturday, that Sheikh Jassim bin Hamad Al Thani, son of the former Qatari prime minister, made a new offer to buy Manchester United, the English Premier League soccer giant.

According to the agency, Sheikh Jassim, the son of former Qatari Prime Minister Hamad bin Jassim, made his previous offer last February.

A spokesman representing Sheikh Jassim at the time said that the offer was without resorting to any loans through Sheikh Jassim's Nine Two Foundation.

No financial details of the new offer were disclosed.

The network (Sky Sports News) reported earlier today that the value of the new offer is about five billion pounds (6.12 billion US dollars), but reports on its website at a later time did not mention the value.

The American Glazer family, which owns United, began the process of selling the club and received several offers, including from British billionaire Jim Ratcliffe, founder of the chemical company Ineos, and Finnish businessman Thomas Ziliakos.

Sources told Reuters earlier that any sale to United would likely exceed the biggest sporting deal to date, at $5.2 billion including debt and investment paid for Chelsea.

According to media reports, the deadline set at 9:00 GMT on Wednesday was extended by the American investment bank “Ryan”, which is helping to sell the club, after confusion about the date of the deadline.

The Glazer family has angered many United fans as a result of burdening the club with huge debts since its acquisition in 2005.

They appeared poised to turn a huge profit when they called for outside investment in the club in November.

United comes fourth in the list of the richest football clubs in the world, according to Deloitte analysis, and many view the club as one of the most important assets in the world of sport in general
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