Sheikh Jassim became a popular figure amongst Manchester United thanks to his interest in buying the club from the Glazers. The former Prime Minister of Qatar entered a two-horse race to buy the Manchester club from the Glazers with Sir Jim Ratcliffe, who also happens to own a French football club, Nice.
Manchester United fans have a special preference for Sheikh Jassim because they believe he would focus mainly on the club’s development rather than financial gains. However, after seeing a full takeover bid turned down, the prominent Middle Easterner has now turned his attention to Tottenham Hotspur.
Sheikh Jassim turns attention to Spurs
Sunday was a bad day for Manchester United fans as reports broke out that the Glazers had rejected a full takeover bid from Sheikh Jassim for the sale of Manchester United. The bid, revealed to contain loan dissolution and plans for a revived Old Trafford, was viewed by the fans as the best the Glazers could have received from an investor. However, despite the heavy numbers involved, the American family turned it down.
According to the Mirror, Sheikh Jassim’s attention is now on Tottenham Hotspur, as the Qatari consortium would love to have an investment similar to what the QSI is doing with PSG with an English club. However, any negotiations with Daniel Levy will be hard, as the Tottenham chairman is famed for being a tough negotiator. The London club is also going through a boardroom crisis despite their amazing start to the new Premier League season. Joe Lewis, whose family majorly owns Tottenham Hotspur, is currently under investigation for insider trading.
The Glazers have reportedly reached an agreement for Sir Jim Ratcliffe to buy 25% of the club, with the aim of him focusing on the sporting side of the business. The report has angered Manchester United fans, who believe the Glazers never had the intention to sell the club in the first place. Instead, they had only been looking for investment opportunities all along.
Sheikh Jassim’s net worth
Sheikh Jassim is the son of the former Emir of Qatar and is a member of the Qatari royal family. The father is part of the QSI and once chaired the organization that owns PSG, and Sheikh Jassim is now set to follow in his father’s footsteps.
According to Football London, the Qatari banker does not have a reported value, but when his family is put into consideration, they have a combined worth of £275 billion. Whatever his net worth is, he is rich enough to submit several high-profile bids to buy Manchester United from the Glazer family despite being turned down multiple times.
His attention has now shifted to Tottenham Hotspur, where he could make a considerable investment in the club, although a full takeover is not expected to happen anytime soon.
Should the Glazer family have accepted Sheikh Jassim’s bid to buy Manchester United? Make sure to let us know in the comments section.
