Al Thani submits new $6 billion bid for Manchester United

Finnish entrepreneur Thomas Zilliacus also placed a bid on Thursday

By Reuters

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Sheikh Jassim bin Hamad Al Thani. — AFP
Sheikh Jassim bin Hamad Al Thani. — AFP

Published: Sat 25 Mar 2023, 4:55 PM

Last updated: Sat 25 Mar 2023, 4:57 PM

Sheikh Jassim bin Hamad Al Thani has submitted a new bid to buy Manchester United which is believed to be worth around 5 billion pounds ($6.12 billion), Sky News reported on Saturday.

Sheikh Jassim, a son of Qatar’s former prime minister, launched the bid in February. A spokesperson representing Sheikh Jassim said at the time that the bid was completely debt free, via Sheikh Jassim's Nine Two Foundation.


Manchester United did not immediately respond to a Reuters request for comment.

Finnish entrepreneur Thomas Zilliacus also placed a bid on Thursday and told Reuters that he was willing to pay a premium for the English soccer club.


British billionaire Jim Ratcliffe, a life-long United fan and founder of chemicals producer INEOS, put in a bid for the club in February.

United's current owners, the Glazer family, began looking at options for the record 20-times English champions in November, including new investment or a potential sale, 17 years after they bought the Old Trafford club.

Any sale of the club would likely exceed the biggest sports deal so far, the $5.2 billion including debt and investments paid for Chelsea, sources told Reuters previously.


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