share_log

Qatar Group Now Confident Of Winning Manchester United Race; Deal For The Storied Football Club Has Been Beset With Delays; Structure Of Jim Ratcliffe Offer Opposed By Some Shareholders' - Bloomberg News

Benzinga ·  Jun 29, 2023 00:33

The Qatari group led by Sheikh Jassim Bin Hamad J.J. Al Thani is increasingly confident it's won the bidding war for Manchester United Plc, thwarting a rival offer from British billionaire Jim Ratcliffe as the sale of the football club extends into the crucial summer months.

The transaction has been beset with delays, with bids failing to meet expectations of the selling Glazer family, splits among the owners about whether to sell and fears of litigation from minority shareholders, people with knowledge of the matter said.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment