Manchester United Owners Make an Effort to Increase Bidding War
In a bid to increase the value of Manchester United, PSG Chairman Nasser Al-Khelaifi was contacted by the club’s owners in hopes he would encourage Sheikh Jassim bin Hamad Al Thani to raise his bid for the team. The Glazers are said to have initiated this conversation due to their long-standing relationship with Qatari Al-Khelaifi.
At present, Ineos Group and Sheikh Jassim are competing in a bidding war over control of Man Utd. The Qatari banker made his fifth offer just recently and warned that he will not engage beyond Friday.
It is alleged that the conversation between Manchester United’s owners and Al-Khelaifi did not yield results as there was no significant increase in the bid for full takeover. Reports indicate that Al-Khelaifi has met with Raine Group handling sales processes but sources close to him deny these rumours.
Sources insist that any involvement from PSG or its chairman is entirely separate from Manchester United, although other Premier League clubs are calling for investigations into possible central funding from Qatar should Sheikh Jassim win control over Man Utd. These concerns arise based on potential conflicts of interest given Al-Khelafi’s role at PSG as well as his position as chairman of Europe Clubs’ Association coupled with his relationship with UEFA President Aleksander Ceferin.
The proposed purchase by Sheikh Jassim is privately funded, according to sources close to him. He has had discussions with Nasser Al-Khelafi regarding running major European football clubs but no statement around self-imposed deadlines or withdrawing bids is expected soon.