Accordingly, Sheikh Jassim raised the asking price to buy MU to a higher level than the figure of £ 5 billion that was offered in the 3rd auction. More importantly, the billionaire Qatari side made a commitment to pay off all debts. MU’s £ 536 billion, and set aside a separate budget to renovate Old Trafford and the Carrington training area.
This is considered the last move from Sheikh Jassim and after this offer, the Qatari side will not play the game of “chasing” with Ratcliffe anymore. However, according to experts, what makes the Glazer family less interested is that Sheikh Jassim still wants to buy back 100% of the club’s shares.
This is the crux of the problem, because the Glazers still want to be on the board of MU for at least 3 more years, which Ratcliffe can meet. Along with that, the final offer of Sheikh Jassim, although increased compared to the previous one, but on average the value of 1 share is still inferior to the British competitor.
The exact situation will have to wait a few more days to be determined. Currently, all the movements around Old Trafford are saying that the victory will be in favor of Ratcliffe.
However, supporters of the Qatari billionaire still received some positive signals. Recently, MU co-chairman Avram Glazer was seen leaving the 5-star Claridge’s hotel. Worth mentioning, this hotel has a parent company, the Maybourne hotel group, which is owned by Hamad bin Jassim bin Jaber Al Thani – Sheikh Jassim’s father. That has caused the news that the Glazer family may shake hands with the Qatar contractor.