Man United is confident that Sheikh Jassim can conclude the acquisition by November
According to the Sun, Manchester United is confident that an agreement to purchase their club can be reached by November.
In recent weeks, negotiations between the sellers and representatives of Sheikh Jassim bin Hamad al Thani have advanced significantly, and a £6 billion transaction is now imminent.
The Qataris are ahead of Sir Jim Ratcliffe in the race to purchase Manchester United because they have conducted more research than Sir Jim Ratcliffe prior to submitting a formal proposal.
Sheikh Jassim could complete a full buyout three months into the upcoming season, which begins the following weekend, and Red Devils fans will be hoping it ultimately occurs.
The Glazers put Manchester United up for sale last November, but there have been no positive developments in recent months as buyers awaited the next step after their previous proposals were rejected.
Recent reports suggested that the acquisition is on hold, but it has since been revealed that the process is still proceeding and could be completed by the end of the year.
It could take several weeks for the Qataris to pass the rigorous Premier League Owners’ and Directors’ test if they are chosen as the club’s new owners.
Man United has required new owners for years, and the fans cannot wait to see the Glazers leave after watching their beloved club lose the ability to compete with Manchester City and co. for the Premier League and Champions League titles.
Since 2005, the club’s American proprietors have refused to invest in Old Trafford, Carrington training facilities, and the team.
A takeover will elevate Manchester United to the next level, which is necessary if they wish to compete for significant titles in England and Europe in the near future.
Man United is confident that Sheikh Jassim can conclude the acquisition by November
