Manchester United: Sheikh Jassim submits fifth improved bid to buy club from Glazer family

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2023-06-07 13:00:00  • 6 mins

Sheikh Jassim Bin Hamad Al Thani is understood to have submitted a fifth improved bid for Manchester United this week.

The club announced in November that the board was exploring strategic alternatives to enhance the club's growth, with a full sale one option being considered.

Sir Jim Ratcliffe and Sheikh Jassim both publicly confirmed initial offers in February and the latter is understood to have this week made a fifth bid to acquire United.

The offer remains for 100 per cent of the club and those involved in Sheikh Jassim's bid have indicated this will be the final bid.

Sky News understands Sheikh Jassim's bid team will not engage with the process after Friday but this latest offer follows what was called a 'final offer' in late April.

Then in May, a fourth offer - believed to be close to £5bn but shy of the Glazer family's £6bn valuation - was submitted to the Raine Group, the New York-based investment bank overseeing the sale of the club.

The third and final round of bidding concluded on April 28 but, with reports last month claiming a revised offer from Sir Jim Ratcliffe and INEOS had put them in pole position to acquire United, Sheikh Jassim has now moved again.

Continue read on skysports.com

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