The Qatari banker is understood to have seen himself as the “dream buyer” of the club and had pledged a further £1.4bn of investmentThe Qatari banker pulled out of the running after another series of talks with the United owners, their advisors and Raine, the New York bank overseeing the process.
That ends months of negotiations from the Qatari team, who wanted to buy 100 per cent of the club and had pledged a further £1.4bn of investment in the club in infrastructure projects and team building.to complete a deal for a minority stake in the club, which is his latest proposal to try and break the impasse of the long-running takeover saga.
While Sheikh Jassim’s offer was criticised by many – and the source of funds was opaque, along with information about the man himself – it was the only credible bid proposing to buy United outright.i