Sheikh Jassim dealt fresh £3.45bn takeover blow after Man Utd saga

Sheikh Jassim News

Sheikh Jassim dealt fresh £3.45bn takeover blow after Man Utd saga
Manchester United TakeoverManchester United FC
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The Qatari banker has been linked with a potential takeover at the Red Devils Premier League rivals Tottenham Hotspur.

Former Manchester United bidder Sheikh Jassim may have to look elsewhere in his pursuit to take over a Premier League club. The Qatari banker has been linked with a potential takeover at the Red Devils Premier League rivals Tottenham Hotspur, who are on the hunt for fresh investment.

Former Newcastle United minority shareholder Amanda Staveley is said to be in talks to purchase a ten per cent share in the North London club, after raising £500m through her investment company PCP Capital Partners. The decision to sell just a minority share will come as a blow to Sheikh Jassim, who was reluctant to buy a minority share in Manchester United prior to Sir Jim Ratcliffe purchasing a 25 per cent stake in the club for £1 billion earlier this year which brought an end to a 15-month saga.

Jassim had made a pledge to return United to the glory days that preceded Sir Alex Ferguson's departure in 2013 in a statement back in 2023 when he launched his bid for the club. "The offer aims to restore the club to its former glory, both on and off the pitch, and will focus on putting fans back at the heart of Manchester United Football Club," he said.

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