Private / SME
In addition to the Qataris, the Glazer family, which owns Manchester United, received serious offers to buy the club from four other parties. What they have will be put on the table of the American merchant Rene Bank, who manages the sale.
As it is expected that these offers will reach dozens of those who wish to buy shares within the club, using the share system without the full acquisition.
Therefore, the Qataris had to submit their detailed offer to buy the club in a short form of one paragraph, indicating the percentage of the purchase, no later than next Friday to decide on it, especially after Sir Jim Ratcliffe became a strong competitor to the Qataris in this race, as he is considered the richest man in Britain and has great support Investment banks out there, the likes of Goldman Sachs and JP Morgan, would be better able to snatch the win in this race.
But it seems that Ratcliffe’s plans will face a huge Gulf wave, which will be ravaged by it, especially after Saudi Arabia entered the line of competition and some other Asian clubs, but the Qatar Sports Investments Company, which owns Paris Saint-Germain, has shown unparalleled persistence and perseverance, and is trying hard with all its energy to grab the great prize represented in Manchester United, which the Qatari Emir loves.