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Daily Mirror
Daily Mirror
Sport
Jacob Leeks

Man Utd takeover bid contains major obstacle after 'turning down' £1billion offer

EPL Glazer Paris Saint-Germain QSI Jim Ratcliffe Nasser AlKhelaifi Glazers Manchester United Old Trafford UEFA Champions League

The Qatari-led takeover of Manchester United is facing major obstacles to being completed, 12 years after the Red Devils rejected a £1billion bid from the country's royal family.

United have been put up for sale by current owners the Glazer family, amid mounting pressure from supporters. They have employed the Rainer Group to find a buyer, with an initial price tag of £6billion having been slapped on the club.

Sir Jim Ratcliffe, the founder of Ineos, is thought to be one of the interested parties. And it now appears that he is being rivalled for a takeover by investors from Qatar, with the state's sovereign wealth fund already owning Ligue 1 giants Paris Saint-Germain.

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