LAGOS, Nigeria (VOICE OF NAIJA) – Sheikh Jassim appears to have secured victory in the competition to acquire Manchester United, outpacing Sir Jim Ratcliffe in the process.
The prolonged saga, which has extended for months since the club was initially made available for purchase in November, seems to be approaching its conclusion.
According to The Sun’s reports, the Qatari royal is on the verge of procuring the Red Devils for approximately £6 billion ($7.9 billion).
An earmarked date has supposedly been established for Jassim to assume control, with the often criticized Glazer family being excluded from retaining any ownership in the club.
In the role of the primary contender to the Qatari offer, British billionaire Ratcliffe’s bid faced a significant challenge.
READ ALSO: Qatari Bid: Old Trafford To Offer Prominent Positions To Legends Of Sir Alex Ferguson Era
However, indications suggest that his proposal may have entailed the Glazers retaining some level of ownership within the club.
Instead, Sheikh Jassim will undertake a complete acquisition of Manchester United, with plans to inject funds into the club’s stadium and infrastructure while simultaneously enhancing the quality of the first-team roster.
An official announcement regarding the takeover’s conclusion is anticipated to be revealed in the coming month, ushering Manchester United into what they aspire to be a prosperous new era.