Manchester United's Ownership Saga Continues with Sheikh Jassim's Bid.
TL;DR Summary
Manchester United is negotiating exclusivity with a consortium led by Qatar's Sheikh Jassim bin Hamad al-Thani in the talks to sell itself for more than $6 billion. The Glazer family, which owns minority stakes in Manchester United, would be cashing out as part of the proposed deal. The Qatari offer is currently viewed more favorably than a bid from British billionaire Jim Ratcliffe, founder of chemicals producer INEOS. Manchester United would not be allowed to negotiate with any bidder other than Sheikh Jassim for the exclusivity period.
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