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Qatar’s Sheikh Jassim withdraws bid to buy Man Utd

Sheikh Jassim and British billionaire Jim Ratcliffe were the front-runners after several rounds of bidding earlier this year, but the process has stalled in recent months despite the anger of supporters towards current owners, the Glazer family

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Representational Image. Pic Courtesy/iStock

Representational Image. Pic Courtesy/iStock

Qatari banker Sheikh Jassim Bin Hamad Al Thani has withdrawn a bid to buy Manchester United, a source close to the deal told AFP on Saturday. United announced nearly a year ago that they were exploring “strategic alternatives to enhance the club’s growth”, with a full sale one of the options. 

Sheikh Jassim and British billionaire Jim Ratcliffe were the front-runners after several rounds of bidding earlier this year, but the process has stalled in recent months despite the anger of supporters towards current owners, the Glazer family. 

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