Sheikh Jassim submits fifth and final Man Utd takeover bid and sets Glazers ultimatum
Sheikh Jassim bin Hamad al-Thani has tabled an improved fifth bid for Manchester United but has made it clear it must be accepted by Friday - or he is out.
The Qatari has been one of two front-runners in the takeover process alongside INEOS chief Sir Jim Ratcliffe, but the saga has dragged on for months. Sheikh Jassim had made the bid directly with the Glazers and the Raine Group, but wants an answer by Friday, at which point he won't negotiate with them further.
Sheikh Jassim's bid is for total control of the Premier League club, as per the Daily Mail, and is thought to include major investment in the club's infrastructure, which has been majorly neglected under the current ownership.
The Glazers had set a final bidding deadline of April 28 but no decision has yet been made, which has seen the Glazers cop further criticism. There is no guarantee that the Americans even choose to sell up with some believing the process has been done to gauge investment interest and potential profit.