Qatar shaikh enters bidding war for Manchester United

Representational image. Pic/iStock

A consortium led by a Qatari banker announced Friday it had submitted an offer to take full control of Manchester United, with British billionaire Jim Ratcliffe also reported to have lodged a bid.

Sheikh Jassim Bin Hamad Al Thani "today confirmed his submission of a bid for 100 per cent of Manchester United Football Club", his press release said ahead of Friday's "soft" deadline for bidders.

Also read: Europa League: Barcelona held by Manchester United at home

Ratcliffe's company Ineos is the only other bidder to have officially declared an interest, keen to expand a sporting portfolio that already includes French side Nice and Swiss team FC Lausanne-Sport, as well as the cycling team Ineos Grenadiers.

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever