Qatar-based bid for Man United confirmed on deadline day

Qatar bank chairman submits 100 per cent offer to buy out current Manchester United owners

A Qatar-based bid for Manchester United was confirmed Friday, with Sheikh Jassim Bin Hamad Al Thani promising to rid the iconic soccer team of debt and return it to former glories.

“The vision of the bid is for Manchester United Football Club to be renowned for footballing excellence, and regarded as the greatest football club in the world.”Friday is the final day for serious contenders to step forward in the race to buy United. The price is now estimated to reach as high as US$6-billion, with reported interest from Saudi Arabia seeing its value rise sharply as the deadline for bids approaches.

Along with Qatar and reported interest from Saudi Arabia, rumours persist that Elon Musk could be among a list of potential buyers from the United States.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

globeandmail /  🏆 5. in CA

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Will the EPL title go to Man City, Arsenal or Man United?Man City, Arsenal or Man United separated by just five points atop Premier League table
Read more »

Qatar-based bid for Manchester United confirmed on deadline dayA Qatar-based bid for Manchester United was confirmed Friday, with Sheikh Jassim Bin Hamad Al Thani promising to rid the iconic soccer team of debt and return it to former glories.
Read more »

BP to hire more than 100 employees to its offshore wind divisionThe hiring process will begin in the coming weeks, as part of BP’s ambition to double the size of the offshore team to 800 employees over the next two years
Read more »

Home Food: Olia Hercules reflects on her life in 100 recipes from Ukraine and beyondFor her fourth cookbook, the London\u002Dbased Ukrainian chef and author stayed close to home. Learn about the inspiration for the book.
Read more »

Barcelona, Man United play 2-2 thriller in Europa LeagueRaphinha scores equalizer as Barcelona ties Manchester United 2-2
Read more »

Man United sale set to test UEFA rules on multi-club ownersUEFA first fought a legal case against ‘multi-club ownership’ 25 years ago, and only this month warned of the risks of this industry model
Read more »