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Manchester Evening News
Manchester Evening News
Sport
Joshua Smith

Manchester United takeover twist as Sheikh Jassim 'exclusivity' claim made

Manchester United's takeover saga continues to be shrouded in confusion following claims Sheikh Jassim bin Hamad al-Thani has been granted exclusivity in the negotiations to take over.

Current owners the Glazers announced their decision to "explore strategic alternatives for the club" back in November, with a seven-month wait following that initial statement. Five rounds of bidding have taken place with several US banking firms, Shiekh Jassim and British billionaire Sir Jim Ratcliffe entering the race to become the next owners of the Old Trafford outfit.

The Qatari banker set a deadline for Friday June 8, after which his Nine Two Foundation said they would no longer actively participate in discussions as they feel the Glazers and Raine Group, which is handling the sale, had had ample time to seek clarifications and revisions to his offer.

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