Manchester United takeover news: Qatari Sheikh Jassim makes fifth and final offer

Logo The TelegraphThe Telegraph
2023-06-07 10:17:00  • 4 mins

Sheikh Jassim bin Hamad Al Thani has tabled a fifth buyout offer for Manchester United - but pledged to walk away if a deal cannot be done this week.

It is seven months since the Glazers invited interest and patience is wearing thin within the Qatari group launching a last gasp approach to secure a 100 per cent buyout.

With Sir Jim Ratcliffes rival offer being seriously considered, Sheikh Jassim has now put a Friday deadline on what sources insist will be his final offer.

The fifth offer was tabled this week and is the second time he has offered improved terms since the April 28 deadline for third and supposedly final bids.

Telegraph Sport reported earlier last month that the Jassim camp are attempting to liaise directly with the Glazers amid efforts to finally get a deal over the line.

The Qatari bidders are understood to believe they have been offering an enormous premium on the current share price of the club throughout the bidding process.

WIth the transfer window opening on June 14, Sheikh Jassim has ruled out the possibility of a sixth bid and has decided to end all engagement with the process this Friday. United manager Erik ten Hag is desperate for clarity over his budget and the ownership situation ahead of a critical summer for the club.

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