Deals
Man United Bidders Make Third Attempt to Clinch Record Deal
- Qatari group led by Sheikh Jassim offers about £5 billion
- Billionaire Jim Ratcliffe also submits new offer by deadline
The Old Trafford football ground, home of Manchester United Football Club, in Manchester, UK.
Photographer: Anthony Devlin/BloombergSheikh Jassim bin Hamad Al Thani has submitted a final bid of around £5 billion ($6.3 billion) for Manchester United, one of the world’s most iconic football teams, according to people familiar with the situation.
British billionaire Jim Ratcliffe, the main rival to Sheikh Jassim’s Qatari group, also lodged a final bid for control of the club by Friday’s deadline, said the people, who asked not to be identified because the information wasn’t public yet.