Get all your news in one place.
100's of premium titles.
One app.
Start reading
Chronicle Live
Chronicle Live
Sport
Matty Hewitt

How Sheikh Jassim's net worth compares to Newcastle United ahead of Manchester United takeover

Sheikh Jassim is reportedly closing in on a takeover at Manchester United in a move that could transform one of Newcastle United's top-six rivals. The Red Devils have been a prominent force in English football for over the last three decades but have not won the Premier League since 2012 under Sir Alex Ferguson.

After a long battle with Jim Ratcliffe to take over from the Glazer family, Jassim's Qatari bid looks to be their favoured bid. Qatari businessman, Zaidm Al-Hamdan. Chairman of the Armasite Group, wrote on Twitter : "Congratulations to Shaikh Jassim Bin Hamad Bin Jassim on his acquisition of @manutd."

The tweet garnered 25,000 likes within 12 hours of posting after Qatari outlet Al-Watan, a news organisation which is 50 per cent owned by Sheikh Jassim's father, also claimed the bid had been successful. However, conflicting reports from the Press Association explained that Sheikh Jassim's camp view the claim of him being successful as 'pure speculation' and that - alongside Ratcliffe's INEOS - they remain remain in a 'holding pattern'.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.