Categories: Sports

Qatar presents its offer for Manchester United

MADRID, 17 Feb. (EUROPA PRESS) –

The president of one of the largest banks in Qatar, Sheikh Jassim bin Hamad Al Thani, formally presented the purchase proposal of Manchester United to the Glazer family on Friday.

Al Thani, son of the former Emir and Prime Minister of the country and president of the QIB, intends to buy the English club through his foundation and made the proposal official a few hours before the end of the term.

“The offer plans to return the club to its former glories,” the Qatari consortium said. The Glazer family, which bought the Premier League club in 2005, entered the United sale process to “explore strategic alternatives.”

“The offering will be completely debt free through Sheikh Jassim’s Nine Two Foundation, which will seek to invest in the football teams, training center, stadium and broader infrastructure, fan experience and communities that support the club”, adds the Qatari proposal.

This is the second offer to be made public, after businessman Sir Jim Ratcliffe expressed interest last month.

George Williams

George is a football fanatic, and he himself is a good football player. He does cover Football news from around the world, and share on Sportsfinding. He makes sure that the news content he creates are factually correct, and written in good English to meet the readers’ expectations.

Recent Posts

María Verdoy confirms her relationship with film director Albert painted during the Malaga Festival

Maria Verdoy The Malaga festival chose this Saturday to confirm its relationship with the film…

16 mins ago

Shakira surrenders to the morbid of returning with his ex

Love, like music, has unexpected cycles. Shakiraafter its media rupture with Gerard Piqué, He has…

2 hours ago

Draper and Andreeva are crowned in Indian Wells

MADRID 17 Mar. (EUROPA PRESS) - British tennis player Jack Draper won this Sunday with…

3 hours ago

“The goat throws the mountain and he rides a lot”

What he says Alba Carrillo of Íñigo Onieva It has no waste. Now, Feliciano López's…

4 hours ago

The ‘Hispanos’ are returned to Serbia and recover the leadership towards the European

MADRID 17 Mar. (EUROPA PRESS) - The Spanish male handball team won (28-26) to Serbia's…

5 hours ago

Isabel Pantoja rejects a millionaire offer to publish her autobiography

Isabel Pantoja has declined a new project. The tonadillera, who a few days ago signed…

6 hours ago