Man Utd Supporters’ Trust break silence after Qatar takeover bid withdrawn ...Middle East

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Man Utd Supporters’ Trust break silence after Qatar takeover bid withdrawn
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Manchester United Supporters’ Trust have called for further clarity over what Sir Jim Ratcliffe’s proposed 25% minority investment actually means. Qatari billionaire Sheikh Jassim bin Hamad Al Thani withdrew from the takeover race on Saturday night, having been pursuing a full 100% takeover of the club worth £6bn inclusive of the clearing of debts. 90min understands that his backing out from the process stemmed from the Glazer family’s valuation of the club, which is thought to near the £10bn mark. Ratcliffe, CEO and chairman of the petrochemicals company INEOS, has instead agreed to buy a 25% minority shareholding in United, with the intention of assuming full control of the club at a la

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