The Sheikh and his Nine Two Foundation, which is attempting to acquire 100% ownership of the club, made their fifth and last bid to United’s owners, the Glazer family, earlier this month and will no longer engage in negotiations with them.
Some commentators have taken Sheikh Jassim’s submission of two further offers as an indicator that the Glazers favor the alternative offer from Sir Jim Ratcliffe and Ineos.
However, sources close to the Qatari suggest he is simply eager to settle the problem as the summer transfer window approaches for Manchester United.
The fifth and final proposal was launched earlier this month, and Sheikh Jassim believes it represents a significant premium above the club’s current share price, both currently and at any point in the club’s previous share price history.
Ratcliffe is said to have offered a better bid on April 28. According to reports, his bid allows Avram and Joel Glazer to keep a 20% share in the club, which the Ineos camp has not acknowledged.
Man Utd fans have grown increasingly concerned that the failure to complete a takeover will have an influence on their summer transfer activity, and the Financial Times writes that this “frustration at the protracted process is not confined to fans.”
Sheikh Jassim ‘threatened to walk away’ earlier this month, claiming that the ‘length it is taking to resolve the club’s future has further inflamed a fan base that has long chafed under the Glazers’ stranglehold.
Erik ten Hag’s transfer intentions this summer are dependent on a center-forward, and Tottenham chairman Daniel Levy’s refusal to sell them. Harry Kane has left Manchester United looking for a new striker.
In comparison to Eintracht Frankfurt’s Randall Kolo Muani and Atalanta’s Rasmus Hojlund, Napoli striker Victor Osimhen is viewed as the most expensive choice this summer, but also the most certain.
And now, according to the Italian tabloid Gazzetta dello Sport, United’s interest in Osimhen has been updated, with the newspaper stating that Napoli’s asking price is €150 million.
Man United and other teams are ‘waiting for the ideal opportunity for an offer,’ and the Red Devils have been warned it could take at least a month’ to find out what is going on with him.