On Friday, Sheikh Jassim bin Hamad al-Thani, the chairman of Qatari Investment Bank, sent a serious proposal for a minimum buyout of Manchester United for £4bn. The proposal guarantees that no financial burden will be placed on the club, and it will also be updated. Prior to the Friday evening 10pm limit, the Sheikh al-Thani backed Nine Two Foundation put forth a proposal to acquire the club. The Nine Two group declared that Sheikh Jassim bin Hamad al-Thani has affirmed his proposal to purchase the entirety of Manchester United. It is believed that he became a supporter of the United team in 1992, which is the inspiration behind the title of the Nine Two Foundation.

Source: The Guardian February 19, 2023 00:24 UTC