Doha: Sheikh Jassim bin Hamad Al Thani, Chairman of the Board of Directors of Qatar Islamic Bank (QIB), has submitted an official bid for a 100% acquisition of Manchester United Football Club.
Through Nine Two Foundation, Sheikh Jassim has submitted his bid ahead of the deadline on February 17.
The official statement reads:
"Sheikh Jassim Bin Hamad Al Thani today confirmed his submission of a bid for 100 per cent of Manchester United Football Club.
The bid plans to return the Club to its former glories both on and off the pitch, and – above all – will seek to place the fans at the heart of Manchester United Football Club once more.
The bid will be completely debt free via Sheikh Jassim’s Nine Two Foundation, which will look to invest in the football teams, the training centre, the stadium and wider infrastructure, the fan experience and the communities the Club supports.
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.
More details of the bid will be released, when appropriate, if and when the bid process develops."
