fast168 Qatari venture capitalists led by Sheikh Jassim bin Hamad Al Thani have expressed growing confidence that they will be able to complete the takeover of Manchester United.
For Qatar Capital Group, with Cheek Jassim as the leader, is one of the candidates to take over Manchester United from the Glazer family along with British billionaire Sir Jim Ratcliffe. And earlier, they had submitted a 5th round of offers to acquire the “Red Devils”, but it was not clear who would win the bid. fast168
Even recently, “Bloomberg”, a famous business media reported that Insiders in Qatar’s bid have begun communicating their confidence in their victory. And believe it’s only a matter of time that they will be able to successfully take over Manchester United before it’s officially announced. ( fast168 )
Still, it was further revealed that With the club’s sale process delaying into its eighth month or even since November, the Glazer family were able to make a last-minute decision to keep ownership of the club. It took money from outside investors to renovate its dilapidated stadiums and training facilities, where they asked investors not to be identified in order to discuss confidential information.
However, a spokesman for the Qatar Capital Group, Manchester United, as well as the Rain Group, who oversees the club’s takeover declined to make any comments in the deal to buy such a team
