Jassim's £4.5billion debt-free bid included a guarantee signed by the chief executive of Qatar National Bank - the largest financial institution in the Middle East and Africa. Jassim is understood to have built up huge costs, going into the millions of dollars, running his bid team of lawyers, bankers and advisers. Changes are expected at Old Trafford with the British billionaire has already made his presence known off the pitch. Doubt remains over the Glazers' long-term plans with reports suggesting they could yet force Ratcliffe to sell back his shares at the club. Alternatively, there is a school of thought that suggests some of the family want out, with Ratcliffe potentially a future majority owner.

Source: Metro January 26, 2024 15:52 UTC