Qatar-based bid for Man United confirmed on deadline day

Published February 17, 2023 7:02 PM

By JAMES ROBSON
AP Soccer Writer

MANCHESTER, England (AP) — A Qatar-based bid for Manchester United has been confirmed with Sheikh Jassim bin Hamad Al Thani promising to rid the iconic soccer club of debt and return it to its former glories. Sheikh Jassim is the chairman of Qatar Islamic Bank and has submitted a 100% offer to buy out current owners the Glazer family. Friday was the final day for serious bidders to step forward in the race to buy the club. The Glazer family bought United for about $1.4 billion in 2005. BBC Sport says it understands that British billionaire Jim Ratcliffe’s Ineos had also made a bid and met the deadline. There’s been no official confirmation from Ineos.

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