Sir Jim Ratcliffe’s bid to buy Manchester United from the Glazer family is reportedly losing momentum. Recent reports suggest that Sheikh Jassim bin Hamad Al Thani has emerged as the frontrunner in the race to acquire Old Trafford. Sheikh Jassim recently submitted an improved bid, which has seemingly turned the tables in his favor. As a United supporter himself, the Qatari banker has further pledged to clear the considerable debt accumulated under the Glazer regime. Last week, reports indicated that Sheikh Jassim was in negotiations to secure exclusivity with the Glazers and the Raine Group, effectively sidelining Ratcliffe from the proceedings.

Source: Express June 21, 2023 13:11 UTC