{"id":291371,"date":"2023-10-20T08:25:33","date_gmt":"2023-10-20T08:25:33","guid":{"rendered":"https:\/\/sportsloveme.com\/?p=291371"},"modified":"2023-10-20T08:25:33","modified_gmt":"2023-10-20T08:25:33","slug":"sheikh-jassim-sends-furious-letter-to-glazers-as-qatari-hints-at-project","status":"publish","type":"post","link":"https:\/\/sportsloveme.com\/soccer\/sheikh-jassim-sends-furious-letter-to-glazers-as-qatari-hints-at-project\/","title":{"rendered":"Sheikh Jassim ‘sends furious letter to Glazers’ as Qatari hints at project"},"content":{"rendered":"

Jim Ratcliffe's potential Man Utd investment assessed | Football Digest<\/h3>\n

Manchester United bidder Sheikh Jassim bin Hamad Al Thani has aimed fire at the Glazer family with a furious letter after his pursuit of a full sale was unsuccessful, according to reports. The Qatari royal failed in his bid to buy 100 per cent of United, with the Glazers opting for a minority investment.<\/p>\n

Last Saturday, Sheikh Jassim dramatically withdrew from the takeover process, having seen a \u00a35billion offer rejected before further talks this month broke down.<\/p>\n

Sheikh Jassim pledged a cash offer through the newly formed Nine Two Foundation, which would’ve cleared all the club’s old debt.<\/p>\n

March figures showed United owed \u00a3969.6m in gross debt, bank borrowings and outstanding transfer fees with associated payments.<\/p>\n

Sheikh Jassim also vowed to inject more than \u00a31.4bn into the club for stadium and training ground redevelopment, Erik ten Hag’s squad and community regeneration projects.<\/p>\n

Therefore, the Glazers’ refusal to accept his proposal has left millions of United supporters dismayed, having built up hope throughout the 11-month strategic review.<\/p>\n

Click\u00a0<\/strong>here<\/strong>\u00a0to join our Man Utd WhatsApp community to be the first to receive breaking and exclusive F1 news.<\/strong><\/p>\n

READ MORE <\/strong> Man Utd bidder Sir Jim Ratcliffe could buy all 20 Prem clubs with huge fortune[TAKEOVER] <\/strong><\/p>\n

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But not many are as furious as Sheikh Jassim, who has reportedly aired his disapproval directly at the Glazers after walking away from the negotiation table.<\/p>\n

According to Sports Zone, Sheikh Jassim has sent a letter to the Glazers ahead of Sir Jim Ratcliffe’s \u00a31.4bn deal to secure a 25 per cent stake in United.<\/p>\n

He is said to have accused the United States-based family of never wanting to sell the club and using him to increase its \u00a32.6bn market value to offload minority shares at a high price.<\/p>\n

Sheikh Jassim is now allegedly working on other projects amid murmurs suggesting Qatar remain interested in investing in a Premier League club.<\/p>\n