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Manchester Evening News
Manchester Evening News
Sport
George Smith

Qatari investors 'set to be challenged by four other bidders in battle to buy Manchester United'

A group of 'five serious bidders' have put their names into the ring in the battle to purchase Manchester United, according to a report by the Mail.

As has been the hot topic this week, a group of Qatari private investors are set to launch an attempt to purchase the club, in full, from the Glazers, who put the club on the market back in November. It is reported that they are set to face opposition from four rival bidders ahead of the 'soft deadline' for offers next Friday (February 17).

Though the Qatari group, according to several reports, are keen to complete a takeover themselves, it is claimed that the group of five reported bidders may eventually reduce and come together to form a consortium, which is what happened when Chelsea were sold last year. The sale of the Londoners was also handled by US merchant bankers Raine, who are coordinating the sale of United for the Glazer family.

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