Man Utd takeover: Sheikh Jassim makes fifth bid to buy football club and sets final deadline
The Qatari billionaire Sheikh Jassim has submitted a fifth and final bid to buy Manchester United and vowed to walk from a possible deal if there is no progress by Friday.
As with his previous offers, also submitted via the Nine Two Foundation, it is for a complete takeover of United whereas the other principal bidder, the Ineos businessman, Sir Jim Ratcliffe, has been trying to buy the Glazer familys 69 percent shareholding in stages.
The Raine Group, who have been running the process on behalf of the Glazers, have invited three rounds of bids since the American owners put the club up for sale in November.