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The Guardian - UK

Sport

Jamie Jackson

Sheikh Jassim confident of Manchester United deal amid new minority interest

Manchester United Glazers Joel Glazer Carlyle Raine Avram Jassim bin Hamad alThani United States ARES

Manchester United’s owners, the Glazer family, have been entertaining offers for the club. — Manchester United’s owners, the Glazer family, have been entertaining offers for the club. Photograph: Ryan Browne/Shutterstock

Sheikh Jassim bin Hamad al-Thani remains confident he will succeed with his bid to buy Manchester United after it emerged that the Carlyle Group, a US investment firm, wants a minority stake and the Glazers have instructed Raine, the bank handling any sale, to examine the offer.

It is thought that another US fund, Ares Management, is interested in a similar arrangement. Yet despite Carlyle, Ares and Elliott Investment Management hoping to buy part of United from one or more of the six Glazer siblings, Sheikh Jassim, the Qatari banker who wants to acquire all of United via his Nine Two Foundation, believes his offer will be accepted.

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