According to a recent report from Qatari outlet Al Raya, there is speculation that Sheikh Jassim bin Hamad Al Thani could be announced as the new owner of Manchester United in the coming hours.
The Qatari billionaire has been actively pursuing a takeover of the club since the Glazer family put it up for sale in November. He has been engaged in a bidding war with Sir Jim Ratcliffe and has submitted multiple offers for the acquisition of United.
Despite not being named as preferred bidders by the Raine Group, the facilitators of the sale, there are indications that a deal for the ownership of Man United could be finalized soon.
According to Al Raya, the lengthy takeover process may reach completion within a few hours. The report suggests that the contracts will soon be signed by the Glazer family, indicating progress in the negotiations.
Furthermore, sources close to Sheikh Jassim bin Hamad Al Thani’s camp express confidence in their chances of emerging as the winners in the bidding race, leading to anticipation of an early announcement. The nearing of a deal also suggests a resolution to the disagreements among the Glazer siblings.
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If a deal is indeed announced in the near future, it would mark the conclusion of the Glazer family’s controversial and lengthy tenure as owners of Man United.
The American owners have faced significant criticism and backlash from fans throughout their almost two-decade reign since the takeover in 2005.
Protests against the Glazers’ ownership have been a recurring theme, and supporters have expressed their anger and disappointment with how the takeover process has been handled.
Recently, a group of fans vented their frustration on the day of the club’s unveiling of the new home kit.
