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Irish Mirror
Irish Mirror
Sport
Tom Blow

Man Utd takeover: Sheikh Jassim 'overpaying' by £2.5bn as Glazers 'premium' emerges

Sheikh Jassim bin Hamad Al Thani could be overpaying by up to £2.5billion if his proposed takeover of Manchester United is finalised.

The Qatari banker is the favourite to become the next owner of United after a rival bid from INEOS chief Sir Jim Ratcliffe stalled. Sheikh Jassim is said to be confident of being named as the preferred bidder by the Glazers, who put the club up for sale in November.

It's believed Sheikh Jassim has tabled an offer of £5.5bn for a 100 percent takeover of United. Around £1bn of that cash will be used to clear the club's significant debt accrued by the Glazers, and there will be a fund to help club and community projects.

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