The group led by Sheikh Jassim bin Hamad Al Thani have pledged an additional $1bn (£800million) to invest in Manchester United ’s infrastructure – a separate sum from their takeover bid.
Friday night saw the third and final deadline for bids with a group led by Qatari banker Sheikh Jassim taking on a bid from INEOS, ran by Britain’s richest man, Sir Jim Ratcliffe.
Several US investment companies – Elliott Management, the Carlyle Group and Ares Management – are proposing minority investment into the club, which would see the Glazers remain in position at the head of United but with extra spending power available.
