
Sheikh Jassim bin Hamad al-Thani dropped out of the race to buy Manchester United after failing to prove he had sufficient finances for the deal, according to latest reports.
The Guardian reports that the Qatari banker did not disclose any proof of funds during the process last year. Filings made to the US Securities and Exchange Commission confirmed Sir Jim Ratcliffe’s acquisition of 27.69% of the club, but Jassim did not respond to requests to show where his money was coming from, the details found.