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Al Jazeera
Al Jazeera
Sport
Al Jazeera Staff

Sheikh Jassim withdraws bid to buy Manchester United from Glazers

Manchester United fans display a 'Glazers Out' banner inside Old Trafford football stadium in Manchester, England, the United Kingdom [File: Craig Brough/Reuters]

Qatari businessman Jassim bin Hamad Al Thani has withdrawn his bid to buy Manchester United Football Club from its current owners, the Glazer family, sources close to the bid have confirmed to Al Jazeera.

In the past few days, Jassim, the chairman of a Qatari bank and son of a former Qatari prime minister, held discussions with the American owners, but the two sides failed to reach an agreement on the valuation of the UK-based club.

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