Categories: Social Responsibility

From Qatar, he intends to pay a million-dollar sum to buy Manchester United

the president of the Islamic Bank of Qatar (QIB), Sheikh Jassim Bin Hamad Al Thaniannounced this Friday an offer to buy the manchester unitedthat joined, according to the press, another of the British millionaire jim ratcliffewaiting for a possible offer from Saudi Arabia.

“Sheikh Jassim Bin Hamad Al Thani confirms having deposited an offer for (the purchase of) 100% of Manchester United Football Club,” explains the statement, which does not give any details about the amount proposed to the Red Devils. “More details about the offer will be given (…) as long as the offer process continues its course”, limited.

“The offer is aimed at rediscovering the club’s past glory both on and off the pitch and, above all, aims to put the fans back in the heart of Manchester United Football Club,” said the release.

Son of a former Prime Minister of Tastethe sheikh Jassim Bin Hamad Al Thani42 years old, is introduced as a fan of manchester united since childhood. If the offer comes to an end, the club will be freed from its debts, which currently amount to 580 million euros (about 620 million dollars), and its promoters will commit to “investing in soccer teams, in the training center, the stadium and in the infrastructures in a broad sense”, he adds.

He QIB is one of the main banks Taste. Its majority shareholder is the sovereign wealth fund Qatar Investment Authorityowner of Qatar Sports Investments (QSI), which controls the paris saint germain. One of the challenges for them will be precisely to demonstrate that the two would not be controlled by the same entity, which would prevent them from competing simultaneously in European competitions, according to the rules of the Uefa.

Anna Edwards

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