Rio Ferdinand believes Sheikh Jassim bin Hamad Al Thani’s takeover bid for Manchester United will imminently be confirmed as successful.
Qatari businessman Sheikh Jassim is bidding for the club alongside Britain’s richest man Sir Jim Ratcliffe, who had been tipped as favourite with his strategy of buying United. The INEOS chief’s offer would see him take a controlling interest in the club and allow current owners Joel and Avram Glazer to temporarily retain a 20% stake in United.
Both the frontrunners recently submitted more bids, with Sheikh Jassim proposing a complete buyout of United. Last week, he tabled an improved fifth bid for United. Should the Qatari businessman be successful, the Glazers would exit Old Trafford immediately.
