Bidders, including Sir Jim Ratcliffe’s ineos and Sheikh Jassim Bin Hamad Al Thani moved on to the next phase of the process that could lead to the takeover of the company. Manchester UnitedThe PA news agency gets it.
This section will include access to data room information and give bidders an opportunity to do due diligence.
It is expected to be a slow process as bidders review the details of the club’s commercial contracts.
Sheikh Jassim and Ineos confirmed their offer to buy United from the Glazer family last month, and they are the only bidders that went public.
Sources close to the wealthy banker Sheikh Jassim insist that he bid on his own as a private individual, without any direct or indirect support. Train sovereign wealth fund of the state or country, the Qatar Investment Authority.
Manchester United fans Trust Many clubs have expressed concerns about ownership – Qatar Sports Investments It controls Paris St Germain and human rights.
Sheikh Jassim stated that his offer would leave the Old Trafford club debt-free.
Self-proclaimed United supporter, Ratcliffe is one of Britain’s richest people, with an estimated net worth of £12.5 billion following the success of the global chemical company.
A statement from Ineos last month said: “We would see our role as the long-term guardians of Manchester United on behalf of the fans and the wider community.
We are ambitious and extremely competitive and we want to invest in Manchester United to make them the number one club in the world once again.”