Sheikh Jassim's patience with the drawn-out Manchester United takeover processes is 'wearing thin', PA news agency reports
The club's current owners, the Glazer family, put the club up for sale in November last year, with the Qatari announcing his first bid back in February. Since then, British billionaire Sir Jim Ratcliffe has also emerged as a frontrunner, although unlike Sheikh Jassim his proposal would potentially see the Glazers remain in some capacity.
The INEOS chairman and CEO wants to buy the Glazer's 69 per cent of United, while Sheikh Jassim is bidding for 100 per cent control. Now, with the takeover process rumbling on, the Sheikh and his Nine Two Foundation reportedly feel that by Friday, United’s owners,, and the Raine banking group which is conducting the sale process will have had ample time to seek or request clarification and revision of the bid, and will therefore no longer engage with them on it beyond this date.
