The news that MU changed owners successfully, the club's shares increased rapidly: Revealing the portrait of the giant behind?


Many "rumors" claim that Manchester United has been successfully sold to this billionaire for £ 5 billion: How true?


According to Mirror, the share price of Manchester United (MU) has increased by more than 17% on the New York Stock Exchange (USA) after rumors emerged that the sale of this football club was coming to an end.

MU's share price has reached 23.60 USD/share - up from about 20 USD/share before the rumors appeared. And yet, the stock price of this team used to be only about 12 USD/share before the Glazer family put it up for sale in November.

Specifically, some sources believe that billionaire Sheikh Jassim bin Hamad Al Thani may have succeeded in bidding to buy the club from the Glaze family. Currently, MU representatives have not made any comments on this rumor.


Sheikh Jassim bin Hamad Al Thani

However, Al-Watan (Qatar) newspaper claims that Sheikh Jassim has succeeded in acquiring Manchester United and believes that a formal announcement will be made soon. Al-Watan is co-owned by Hamad bin Jassim bin Jaber Al Thani, the former prime minister of Qatar and the father of Sheikh Jassim.

In addition, Sheikh Jassim and billionaire Sir Jim Ratcliffe have both submitted several offers to Manchester United in the past. However, recently, the president of the Qatari Islamic bank is said to have made some "attractive" proposals that made the Glaze family "fluctuated".

It is expected that in the coming days MU will announce official information about this deal. If the bid is successful, it will take Sheikh Jassim several months to complete the takeover after undergoing a number of Premier League checks.

In addition, many people believe that billionaire Sheikh Jassim spent about £ 5 billion to buy back 100% of the shares of Manchester United and pledged to spend 1 billion pounds to invest in the renovation of Old Trafford.

Refer to Mirror

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