The head of a Qatari media outlet that sparked speculation that Sheikh Jassim had completed a takeover of Manchester United has rowed back on the claim.
Late on Monday night, reports from Qatar emerged stating Sheikh Jassim bin Hamad Al Thani had won the race with Sir Jim Ratcliffe to take control of the club. It was trumpeted that it would ‘soon’ be announced that the obscure Qatari banker had been given the blessing from the Glazer family to buy 100 percent of the club’s shares.
Sheikh Jassim was even congratulated by a prominent Qatari businessman, while United fans desperate to see the back of the deeply unpopular Glazer family reacted with glee on social media. The news also caused Manchester United’s share price to spike on the New York Stock Exchange as the market expected a takeover announcement.