Emir of Qatar, Sheikh Jassim bin Hamad Al-Thani has submitted his world-record £5billion bid to buy Manchester United.
The likes of Sir Jim Ratcliffe and INEOS have also submitted their third bid, though unlike Hamad Al-Thani, who wants full ownership of the Premier League giants, they are only for a majority stake in the English club.
The details of that bid are yet to be confirmed, with Ratcliffe’s representatives also yet to speak out on reports from earlier this week that the Glazer family may remain at Man United in some capacity.
However, though a record fee, his bid is still short of the £6billion the Glazers have been holding out for the Premier League club.
The report added that Hamad Al-Thani’s proposal also includes another huge pot of money which will be spent on improving the playing squad, the infrastructure of the club, including Old Trafford Stadium and investing in the local community.
The Glazers have owned Man United since 2005, and under their tenure, the team’s fortunes on the pitch have declined dramatically.