Qatar billionaire submit bid to take over Manchester United

Manchester United coach Erik Ten Hag

Sheikh Jassim Bin Hamad Al Thani, the chairman of Qatar bank QIB, has confirmed a bid to buy Manchester United.

The Premier League giants had been put up for sale by current owners the Glazer family in November who announced they were “exploring strategic alternatives” to their ownership.Businessman Sir Jim Ratcliffe was first to formally declare his interest in purchasing the club in January.

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A statement for the Qatari consortium read: “Sheikh Jassim Bin Hamad Al Thani today confirmed his submission of a bid for 100 per cent of Manchester United Football Club.

“The bid plans to return the Club to its former glories both on and off the pitch, and — above all — will seek to place the fans at the heart of Manchester United Football Club once more.

“The bid will be completely debt free via Sheikh Jassim’s Nine Two Foundation, which will look to invest in the football teams, the training centre, the stadium and wider infrastructure, the fan experience and the communities the Club supports.

“The vision of the bid is for Manchester United Football Club to be renowned for footballing excellence, and regarded as the greatest football club in the world.

“More details of the bid will be released, when appropriate, if and when the bid process develops.”

Sheikh Jassim is also the son of a former prime minister of Qatar.