Sheikh Jassim, a Qatari politician, has disclosed his intentions to acquire Manchester United after failing to do so two years ago. The 66-year-old previously attempted to buy the Red Devils for £4.5 billion in 2023, but was unsuccessful because Sir Jim Ratcliffe and INEOS were able to reach an agreement instead.
Two years hence, many fans will wish Sheikh Jassim had purchased United. He had a lot of fascinating ideas about how to get the team back to being one of the greatest in the world. It has now been disclosed whether he would be interested in making another bid for the club, as their share price has dropped dramatically following a disastrous season under Ruben Amorim.
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Sheikh Jassim Isn’t Interested in Buying Man United Anymore
He has no plans to make another bid
Despite bidding roughly £4.5 billion to acquire United, Sheikh Jassim lost out to Ratcliffe, who paid nearly £1.25 billion to buy a stake of the club instead. The process ended on a sour note for Qatar’s former Prime Minister, and according to the Daily Mail, his encounters with the Glazers have put him against buying the Red Devils again. Instead, he is pleased as is and will not make any further bids for the side.
He and the Qatar group he led will not renew their interest, despite United’s share price plunging by 17% following this season’s disastrous campaign. United finished 15th in the Premier League, their lowest-ever finish, and lost the Europa League final against Tottenham Hotspur.
Premier League 2024/25 Final Table
Position
Team
Points
15.
Manchester United
42
16.
Wolverhampton Wanderers
42
17.
Tottenham Hotspur
38
18.
Leicester City
25
19.
Ipswich Town
22
20.
Southampton
12
According to the article, INEOS has no intention of leaving Old Trafford and is ready to continue steering the team forward. They have already announced intentions to build a new stadium for the Red Devils. With INEOS and Ratcliffe in charge for the foreseeable future, United supporters will be hoping that the team can finally begin to turn things around after a difficult decade.
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