- Sheikh Jassim, son of the Prime Minister of Qatar, is about to acquire Manchester United, which has led to an increase in the value of the club’s shares in the NY premarket.
- The virtually confirmed offer has been accepted by United’s current shareholders, according to Qatar’s Al-Watan outlet.
- This acquisition could provide United with the necessary resources to face a new stage in its history.
A few days after Manchester City became European champions, their greatest rival, Manchester United, becomes another Old World club passing into Arab hands.
Indeed, Manchester United shares are soaring in the New York premarket after rumors of a virtually confirmed takeover by Sheikh Jassim, son of the Qatari prime minister.
According to a media report Al Watanfrom Qatar, published this Tuesday, June 13, current United shareholders accepted Jassim’s offer.
This news generated direct impact on the price of the shares of the English club, qualified for the next Champions League.
Shares rise because with the funds coming from Qatar, Manchester United, one of the most iconic and valuable soccer clubs in the world, could face a new stage in its history.
The influence of foreign investors in European football is not something new, and it has proven to have a more than important impact on the financial and sporting structure of the clubs.
In this case, Jassim, with his vast investment experience, could bring more resources and a new strategic vision to United, which could have repercussions both on and off the pitch.
تقارير صحفية:
نجاح صفقة استحواذ الشيخ جاسم بن حمد بن جاسم على #مانشستر_يونايتد.. وإعلان الصفقة قريبا#جريدة_الوطن_القطرية #الدوحة #قطر pic.twitter.com/3ZEpxmbdYO— جريدة الوطن (@al_watanQatar) June 12, 2023
A Qatari sheikh buys Manchester United
Last week, from Merca2.0 we advanced this purchase. It was a “take it or leave it” offer that expired on Friday, June 9. The club was valued at about $7.5 billion.
The Qatari’s goal was to beat British tycoon Jim Ratcliffe in his battle to acquire one of the most powerful clubs in the world in terms of history and brand power.
Seeking power to seize control of one of the Premier League’s giants, the sheikh submitted the offer directly to the club’s owners, the Glazer family and the Raine Group, the American bankers who run the Manchester club that this year. month lost the FA Cup final, also against city rivals City.
The offer was for full control of the club and included an extra sum for investment in infrastructure and purchase of players.
People at United are frustrated by the delays in the sale, especially given the imminent opening of the transfer window. It must be remembered that the process began in November of last year.
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