Qatari Sheikh, Jassim Bin Hamad Al Thani will make his second offer for Manchester United on Wednesday evening,
A fresh plan, which is now under composition by his advisors is to get submission by Wednesday’s close of business.
There is also rising optimism among bidders that the Glazer family, who feel United is worth at least £6 billion, would sell the club.
Before, it seems that the Qatari bidders are serious about not spending too much for the club. But that posture is tone down in recent days, coinciding with a delegation’s visit to Old Trafford.
A party from Qatar came in Manchester by rail from London. They gave a hearty welcome to the Qatari Sheikh. The talks lasted 10 hours, which was far longer than intended.
Sheikh Jassim and members of his staff had previously visited Old Trafford as fans, and the purpose of this visit was to get insight into what they might accomplish with their capital investment in infrastructure, youth development, and the women’s squad.
They were attempting to have a better understanding before making another bid. It was too early for Sheikh Jassim to arrive, and he didn’t want to attend only for a picture op.
He dispatched his top team of professionals in finance, banking, property, and legal to work with the Qataris to purchase the club.
“There should be no doubt at all that Sheikh Jassim wants to be the owner and caretaker of United,” according to sources.
Qatari Sheikh to Launch New Bid for Red Devils; British businessman to compete with Qataris
After viewing the team on Friday, British businessman Sir Jim Ratcliffe is also likely to make a second offer for Manchester United the following week.
The sessions for the INEOS delegation at Old Trafford and Carrington lasted six hours and ended at four in the afternoon.
Ratcliffe and INEOS will now take some time to think over the facts they got on Friday before making a fresh official offer. They are not commenting at this time.
Ratcliffe traveled into Manchester from Nice on Thursday and spent Friday at Old Trafford meeting with the executive team of United.
In contrast to Sheikh Jassim, who did not physically visit Manchester the day before, he was shown outside Old Trafford after visiting club executives.