Manchester United takeover bidder Sheikh Jassim bin Hamad Al-Thani will be hopeful of bridging the financial gap between the Reds and Manchester City if he takes control at Old Trafford.
Reports this week from Qatar suggest Sheikh Jassim is closing in on completing a move for United. It's claimed the Sheikh has conducted 'successful talks' with the powers that be at Old Trafford.
Following this news, the Reds' share price rocketed and at the time of writing, sits at $23.05 per stock. This is widely seen as an indication of good news for Sheikh Jassim, who is wishing to purchase the whole club unlike competitor Sir Jim Ratcliffe who is looking to buy the shares of the Glazers. Advancement of the Jassim's bid would affect the stock price immediately unlike Ratcliffe's which would take time.
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