Monday, April 15, 2024
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Monday, April 15, 2024
Today's News

Qatari Bid Delegation Visit Manchester United: Reports

Qatari Bid Delegation Visit Manchester United: Reports

It is comprehended Shahzad Shahbaz, head of state of Sheikh Jassim’s 9 2 Structure, was in participation together with the Qatari lender’s individual advisor Fady Bakhos.

The reps of a Qatari lender apparently visited Manchester United on Thursday as the fight to purchase the Premier League club heats up. United’s owners, the Glazer household, announced in November that they were considering selling.

Qatari businessman Sheikh Jassim Bin Hamad Al Thani and British billionaire Jim Ratcliffe, founder of the INEOS chemicals business, have made different deals to purchase United.

The competing bidders were invited to visit United today and also, although Sheikh Jassim did not take a trip to Manchester on Thursday, he sent a delegation that were provided presentations at Old Trafford as well as held discussions at the club’s Carrington training ground.

It is understood Shahzad Shahbaz, head of state of Sheikh Jassim’s Nine 2 Foundation, was in presence in addition to the Qatari banker’s personal consultant Fady Bakhos.

Sam Powers and also Yasir Shah from Bank of America were part of the delegation, along with attorneys from Macfarlanes and retail estate professionals.

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There will certainly be an additional day of discussions as well as trips at United on Friday, with boyhood United follower Ratcliffe as a result of fly in from Great where he has the city’s Ligue 1 football club.

INEOS co-owners Andy Currie and also John Reece result from join him in Manchester, in addition to INEOS Sporting activity chair Rob Nevin as well as chief executive Jean Claude Blanc.

Dave Brailsford, the former British Cycling chief, will certainly likewise be in participation on Friday in his role as supervisor of sport at INEOS Sport.

Ratcliffe likewise owns Swiss side FC Lausanne-Sport, cycling team INEOS Grenadiers as well as a 3rd of Solution One attire Mercedes.

Sheikh Jassim as well as Ratcliffe are the just interested celebrations to openly reveal their proposals to seller lenders Raine, yet there are reported to be at least 2 other proposals that remain private at this stage.

According to reports, all bidders will be asked to make a 2nd deal for United in the next 10 days.

Last Updated:  17 March 2023

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