Sheikh Jassim Bin Hamad Al Thani, the chairman of one of Qatar's banks QIB, has tabled a bid for the complete takeover of Manchester United. The Glazer family put the club up for sale last year amid growing pressure from the Red Devils fanbase.
If Sheik Jassim is successful in completing his takeover of United, the club would very quickly become one of the wealthiest outfits in the world - let alone the Premier League. Newcastle's owners, a consortium made up of Saudi Arabia's Public Investment Fund, RB Sports & Media and PCP Capital Partners, are worth a staggering £520billion while Manchester City's Abu Dhabi United Group owners are said to be worth £18billion.
Arsenal and Chelsea's owners, meanwhile, are worth a reported £10.8billion and £13.2billion respectively. In a statement by Sheik Jassim, he outlined that his bid to buy United is mutually exclusive to that of Qatar Sports Investments' ownership of Paris Saint-Germain - and says they hope to "return the club to its former glories both on and off the pitch".
