Dad of Qatari Ƅιllιonaιre who wants to buy Man Utd breaks silence on son’s takeover bid

The father of the Qatari billionaire who has made an offer to buy Manchester United does NOT support the bid.

Sheikh Hamad bin Jassim bin Jaber Al Thani has rҽvҽalҽd he views the potential takeover as an investment opportunity, rather than an advertisement for his country.

Sheikh Hamad bin Jassim bin Jaber Al Thani has expressed doubt over the takeover

Sheikh Jassim Bin Hamad al-Thani tabled a bid last month

His son Sheikh Jassim Bin Hamad Al Thani has tabled a bid believed to be under the Glazers’ £6billion asking price.

Al Thani’s bid is reportedly worth £5bn but he is promising to wipe the club’s debt and fund upgrades for both Old Trafford and Carrington.

It is thought his backing will be provided by dad Sheikh Hamad, the former Qatar prime minister who has amassed his wealth through gas and oil.

But in an interview with The David Rubenstein Show: Peer-to-Peer Conversations, published by Bloomberg, Sheikh Hamad expressed doubt over the takeover.

He said: “I am not a football fan.

“I don’t like this investment. Maybe it will work well. But you know, some of my sons like this, they always discuss it with me. They’re pushing hard. This isn’t my speciality.

“Let me put it like this: I am an investor. If it will one day be a good investment, I will think about it. I will not look at it as something you do just as an advertisement.”

However Sheikh Hamad also admitted he was not initially supportive of Qatar hosting the World Cup, which he now accepts was a huge success.

He added: “If it was my choice, I wouldn’t have done it at that time.

“When I was prime minister and this idea came to his Highness, the Father Emir, and his crown prince at the time, Sheikh Tamim, they knew that I was against it.

“Because I thought that’s a lot of money and effort that will be spent. We could spend it on something else that’s good for the people and the country.

“But if you ask me now, I will tell you there was a lot of positive outcomes. And the positive outcome was not only putting Qatar on the map.

“Look at the people who visited. I knew many from the business community, from all over the world. They came, some of them for the first time. They brought their families.”

Super-rich Qatari billionaire officially competes with Sir Jim Ratcliffe to buy Man Utd

Qatari super-rich billionaire, Sheikh Jassim Bin Hamad Al Thani confirmed to send an offer to buy back Man Utd ownership for a huge price, up to £ 5 billion.

Sheikh Jassim Bin Hamad Al Thani has been a Man Utd fan since childhood

Before the deadline to receive tender offers to buy Man Utd from the Glazers at dawn this morning, Sheikh Jassim Bin Hamad Al Thani confirmed he had joined the race and wanted to buy back “100% of the club’s shares”.

Sheikh Jassim is 41 years old this year, is the chairman of the largest bank in Qatar – QIB. He is the son of the former Prime Minister of Qatar and owns an estimated fortune of 42 billion pounds. With strong financial resources, Sheikh Jassim easily offered a huge price of £ 5 billion to ask to buy Man Utd from the Glazers.

Some sources even say Sheikh Jassim will spend a total of £6 billion to definitely win this race. In addition to him, Britain’s richest billionaire Jim Ratcliffe and an alliance of American and Saudi investors also officially participated in the bidding to buy Man Utd.

If successful, this will be the biggest transfer in world sports history. The current record is held by American football club, Denver Broncos for £ 3.75 billion.

In an official statement on his personal page, Sheikh Jassim promises to bring Man Utd back to the top of glory, and develop this club on the basis of fans. In other words, Sheikh Jassim will run Man Utd completely different from the Glazers and determined to help the Red Devils become the greatest club in the world.

Sheikh Jassim’s statement read: “Sheikh Jassim Bin Hamad Al Thani today (February 17) confirmed the submission of an offer to buy 100% of the shares of Manchester United Football Club. He plans to return the club to its former glory both on and off the pitch and, above all, will seek to put the fans at the heart of Manchester United once again.”

“This tender is completely debt-free through Sheikh Jassim’s Nine Two Foundation. The organization will seek to invest in the teams, training centres, stadiums and broader infrastructure, fan experiences and comMan Utdnities the club supports.”

Sheikh Jassim has been a fan of Man Utd since 1992, when he was 10 years old. In addition to outstanding financial potential, this billionaire also has a great advantage in the race for Man Utd to grow up in the UK. Sheikh Jassim graduated from the elite Sandhurst military academy in Berkshire, and this is information that Man Utd fans are very excited about.


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