(Reuters) -Qatar's Sheikh Jassim bin Hamad al-Thani made an improved final offer for Manchester United in an attempt to see off his main rival British petrochemicals billionaire Sir Jim Ratcliffe, The Times reported on Tuesday. Sheikh Jassim is offering to buy 100% of the club now for a price nearer to 5 billion pounds ($6.31 billion), the report said. Sheikh Jassim's offer falls short of the 6 billion pounds asking price set by current owners, the Glazer family, The Guardian reported in April. According to a report in April by The Times, Ratcliffe's INEOS had outbid Sheikh Jassim in the battle to buy Manchester United. Ineos was the only bidder to have valued the club higher than 5 billion pounds ($6.29 billion), the report added.

Source: The Times May 17, 2023 06:51 UTC