Qatari Sheikh Jassim 'ready to walk away' from United takeover bid

Qatari Sheikh Jassim 'ready to walk away' from United takeover bid

As per Sky Sports, the Qatari Sheikh Jassim Bin Hamad Al Thani is ready to walk away from the Man United takeover process if the price is not right.

The Sheikh is not willing to overpay and refuses to be bullied by the Glazers into overpaying for the takeover process.

He is ready to buy the club at a fair price, which is closer to the rumored £4.5bn offer that has been made from his end.

While there is an acceptance that whoever buys United from the Glazers will have to overpay slightly, Sheikh Jassim will not be ‘reckless’ with his investment.

The Glazers are reportedly asking to £6bn to relinquish their control of the club and fully sell their stakes.

The Sheikh has been offered the chance to buy other clubs in the past, but he’s only interested in buying United. He only wants 100% acquirement of the club and not a minority investment.

A delegation representing the Qatari businessman is  expected to have a meeting with United chiefs and the Raine Group later this week.


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