Sheikh Jassim’s bid to buy Man Utd reportedly “won’t be impacted” by recent “changes” made to the Premier League Owners’ and Directors’ Test.
Thank you for reading this post, don't forget to subscribe!The Qatar businessman is among the individuals in the running to buy Manchester United from the Glazer family.
The Premier League club’s current owners put them up for sale last November. Since then, there have been two rounds of bidding and several parties are interested in Man Utd.
It has been reported that Shaikh Jassim and INEOS’ Sir Jim Ratcliffe have submitted world-record bids to buy Man Utd but these offers fell short of the Glazer’s £6bn asking price.
Earlier this week, it was claimed that the British government have ‘serious concerns’ over Sheikh Jassim and his interest in Man Utd.
There have also been suggestions that Sheikh Jassim could fall victim to the Premier League’s revised Owners’ and Directors’ Test.
But ‘finance expert’ Kieran Maguire has reassured Man Utd supporters that these “changes” will have “zero impact” on Sheikh Jassim.
“As far as the changes to the Owners’ and Directors’ Test that have been agreed upon at the latest Premier League meeting, this will have zero impact in relation to a potential takeover of Man United,” Maguire told Football Insider.
“The changes don’t impact Sheikh Jassim or anyone from Saudi Arabia or other Middle Eastern states.
“Therefore, this is big news for Man United fans who are looking forward to the possibility of being owned by Sheikh Jassim.
“In terms of the proposals, there are going to be relatively few people who could previously buy a Premier League club that now can’t because of these changes.“
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Club legend Gary Neville recently explained what his “biggest concern” is in relation to the takeover of Man Utd.
“I think what scares Man Utd fans most is the feeling this Man Utd ownership are running this process to drive a massive price up to try to somehow establish a level which means two of them can stay in and the rest of the family that want out can be bought out by an American fund who wouldn’t mind owning a minority or significant share but not the entirety of the share,” Neville told Sky Sports.
“That’s the biggest concern. The whole emphasis at this moment in time from Man Utd fans is this has to be the end of the Glazer ownership.”
He added: “I still think there is a focus that this isn’t one big charade that the Glazers are running to try to establish a value which would be for their brothers and sisters to exit and the couple that want to stay in to stay. There’s a priority at this moment in time for them to go.”
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