London Daily

Focus on the big picture.
Saturday, Apr 11, 2026

Manchester United bidders to meet officials within weeks to review club accounts

Manchester United bidders to meet officials within weeks to review club accounts

Two bids are known to have been made for the Old Trafford side - from Qatari hopeful Sheikh Jassim bin Hamad al Thani and British billionaire Sir Jim Ratcliffe's INEOS.
Manchester United bidders are due to meet with the club in the next two weeks and gain access to accounts - enabling offers to end the ownership of the Glazers.

Sky News understands the two declared bids are now progressing two weeks after the deadline to declare interest - from Qatari hopeful Sheikh Jassim bin Hamad al Thani and British billionaire Sir Jim Ratcliffe's INEOS.

The process is being overseen by the New York-based Raine Group merchant bank, which has not commented on the process launched by the Glazers publicly in November when they announced they were open to a sale of the club they have owned since 2005.

It is unknown if there are more than two bids to take control of the club, while other lesser investment offers have been floated.

It has been suggested it could take bids valuing the club at more than £5bn for the Glazers to sell up completely.

Sheikh Jassim, who was educated at the Royal Military Academy in Sandhurst, is chairman of Qatar Islamic Bank (QIB) which was established in 1982 - the year of his birth.

A buyout of United would be funded through his wealth via a new entity the Nine Two Foundation.

QIB's largest shareholder is the Qatar Investment Authority which is the state's sovereign wealth fund.

However, the bid team maintains the club is a private investment by Sheikh Jassim, whose father, Sheikh Hamad bin Jassim bin Jaber al Thani, is a former prime minister of Qatar.

More is known about Sir Jim who says he is a lifelong United fan having been born in Manchester.

Through petrochemicals giant INEOS, he also owns French football club Nice and Swiss side Lausanne-Sport.

The Glazers are yet to comment about the sale progress since initial offers were lodged.

Co-owner Avram Glazer was at Wembley last weekend to see United win the League Cup and end a six-year trophy drought.
Newsletter

Related Articles

0:00
0:00
Close
Starmer and Trump Hold Strategic Talks on Securing Strait of Hormuz Amid Rising Tensions
Unofficial Australia Visit by Prince Harry and Meghan Expected to Stir Tensions with Royal Circles
Pipeline Attack Cuts Significant Share of Saudi Arabia’s Oil Export Capacity
UK Stocks Rise on Ceasefire Momentum and Renewed Focus on Diplomacy
UK to Hold Further Strategic Talks on Strait of Hormuz Security
Starmer Voices Frustration as Global Tensions Drive Up UK Energy Costs
UK Students Voice Concern Over Proposal for Automatic Military Draft Registration
Rising Volatility Drives Uncertainty in UK Fuel and Petrol Prices
UK Moves to Deploy ‘Skyhammer’ Anti-Drone System to Strengthen Airspace Defense
New Analysis Explores UK Budget Mechanics in ‘Behind the Blue’ Feature
Man Arrested After Four Die in Channel Crossing Tragedy
UK Tightens Immigration Framework with New Sponsor Rules and Fee Increases
UK Foreign Secretary Highlights Impact of Intensified Strikes in Lebanon
UK Urges Inclusion of Lebanon in US-Iran Ceasefire Framework
UK Stocks Ease as Ceasefire Doubts in Middle East Weigh on Investor Confidence
UK Reassesses Cloud Strategy Amid Criticism Over Limited Support Measures
UK Calls for Full and Toll-Free Access Through Strait of Hormuz Amid Rising Tensions
Starmer Signals Strategic Shift for Britain Amid Escalating Iran-Linked Tensions
UK Issues Firm Warning to Russia Over Covert Underwater Military Activity
OpenAI Halts Stargate UK Project, Casting Uncertainty Over Britain’s AI Expansion Plans
Starmer Voices Frustration Over Global Pressures Driving UK Energy Costs Higher
UK Deploys Military Assets to Protect Undersea Cables From Suspected Russian Threat
Canada Aligns With US, UK and Australia as Europe Prepares Major Digital Border Overhaul
Meghan Markle’s Planned Australia Appearance Sparks Fresh Speculation
Starmer Warns Sustained Effort Needed to Ensure US–Iran Ceasefire Holds
UK to Partner with Shipping Industry to Rebuild Confidence in Strait of Hormuz, Cooper Says
UK Interest Rate Expectations Ease Following US–Iran Ceasefire Agreement
Starmer Signals Major Effort Needed to Fully Reopen Strait of Hormuz During Gulf Visit
UK Fuel Prices Face Ongoing Volatility Amid Global Pressures and Domestic Factors
Kanye West’s Planned Italy Festival Appearance Draws Debate After UK Entry Ban
Smuggling Routes Shift Toward Belgium as Migrant Crossings to UK Evolve
Ceasefire Offers Potential Relief for UK Fuel and Food Prices Amid Ongoing Uncertainty
Iran Conflict Raises Questions Over UK’s Global Influence and Military Preparedness
Senator McConnell Visits Kentucky to Highlight Federal Investment in Local Projects
Kanye West Barred from Entering UK as Legal Grounds Come into Focus
UK Denies Visa to Kanye West After Sponsors Withdraw from Wireless Festival
Trump-Era Forest Service Restructuring Leads to Closure of UK Lab Focused on Kentucky Woodland Health
Foreign Students in the UK Describe Harsh Living Conditions and Financial Pressures
Reform UK Proposes Visa Restrictions on Nations Pursuing Reparations Claims
Public Reaction Divides Over UK Decision to Bar Kanye West
Calls Grow for UK to Review US Base Access Following Concerns Over Escalating Rhetoric
UK Indicates It Will Not Permit Use of Its Bases for Potential US Strikes on Iran’s Energy Infrastructure
UK Prime Minister Defends Decision to Bar Kanye West, Questions Festival Booking
UK Accelerates Efforts to Harmonise Medical Technology Rules with United States
Wireless Festival Cancelled After Kanye West Denied Entry to the United Kingdom
Australia’s most decorated living soldier was arrested at Sydney Airport and charged with five counts of war-crime murder for the killing of unarmed Afghan civilians
The CIA’s Secret Technology That Can Find You by Your Heartbeat Successfully Locates Downed Airman
Operation Europe: Trump Deploys Vance to Hungary to Save the EU
King Charles Faces Criticism From Some UK Christians Over Absence of Easter Message
Former UK Defence Secretary Raises Concerns Over Ability to Counter Iran Missile Threat
×