The latest development in Manchester United’s potential sale is that it could be about to lose a bidder after the interested Qatari consortium has warned they will “walk away” if the price “isn’t right”.
Qatari Sheikh Jassim Bin Hamad Al Thani’s bid to buy Man United has long been considered the package in pole position for a takeover ever since the Glazer family announced the club was up for sale back in November last year.
However, according to multiple outlets, it is now thought that Sheikh Jassim and co. “could walk away” if the Glazers don’t lower their asking price. Qatar’s current buyout offer is estimated to be approximately £4.5 billion, whereas the American owners value the club at closer to £6bn.
Nevertheless, despite the might of a state wealth fund behind them, the Al Thani family apparently refuse to be “reckless” in trying to purchase the massive sporting franchise even though they recognise they will likely have to overpay to some degree. It also said they want an ‘all or nothing’ deal.
🚨 Sheikh Jassim bin Hamad Al Thani’s bid for Manchester United is described as “all or nothing”. If the Glazers do decide to stay, the Qatar group will not explore minority investment or a staggered route to full ownership over time. pic.twitter.com/NUi5y347ZO
Last week, it was reported by The Athletic that Jassim’s father, Sheikh Hamad (the former Qatari Prime Minister) not only “doesn’t like the investment” but is also “not even a football fan”, which might factor into whether his son and those involved in the negotiations buy the club or not.
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While he did stress in a recent interview that regardless of his hobbies, “I am an investor”, he also added the caveat that “[he] will not look at [any investment] as something you do just as an advertisement.”
Many United fans seem to prefer the look of the Qatari’s bid given their apparent commitment to clearing the club’s debt, redeveloping Old Trafford and also investing in the surrounding areas of the Greater Manchester community.
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Although it is thought that both the Glazers and the two bidding parties involved wanted a decision to be closed out by the end of March, it now seems more probable that full confirmation and a prospective takeover now won’t happen until the end of the season — if, indeed, it does at all.
The only other official bidder is, of course, local businessman and INEOS billionaire, Sir Jim Ratcliffe, who has long held an interest in purchasing the club. Each camp has now been asked to give presentations to the board within the next fortnight.
🚨 They include representatives of Ineos owner Sir Jim Ratcliffe and Qatar's Sheikh Jassim bin Hamad Al Thani. #MUFChttps://t.co/3FOigqMtFk
Born in Failsworth and already invested in multiple sporting teams — not to mention without the political and humanitarian controversies that Qatar are wrapped up in — plenty of Reds would equally prefer Ratcliffe to take over at Old Trafford.
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On the other hand, it’s also unclear whether he has the full financing to complete a deal without taking out more loans (supporters don’t want a repeat of 2005), not to mention his status as a ‘true’ United fan has been called into question after news of his Chelsea season ticket and attempt to buy them too.
Regardless, like his bidding rivals, Ratcliffe’s offer is also said to be worth around £4.5bn, so if the Glazers don’t lower their expectations, they could be left in a situation where one bidder won’t budge and the other simply can’t afford to pay any more.
Whether fans like it or not, it has already been suggested that the Glazers could still stay in charge of United as majority shareholders and if the investments fall through, the torrid relationship between the administration and the club’s supporters could rumble on for years to come.
Luxury Manchester gym Blok confirms permanent closure after weeks of uncertainty
Daisy Jackson
Blok Manchester has announced its permanent closure, weeks after the doors to the premium fitness facility mysteriously closed.
Around a fortnight ago, members began to arrive to their classes to find the gym on Ducie Street locked up and a forfeiture notice on the door – but at the time, Blok said that it was fighting to reopen.
Sadly, in an email sent to members today, its founder has confirmed that the studio is now permanently closed.
Blok – which has several very successful sites down in London – said that its relationship with its landlord has ‘broken down to a point where trust has been lost’.
The gym wrote that it’s been left with ‘no workable way forward’.
They said: “BLOK Manchester was a space built by our loyal and dedicated community. Whether you joined us for one class or one hundred, we are deeply grateful. You helped create something genuinely special in an incredible city.”
In the immediate future, they said they’ll be supporting the team of fantastic trainers who worked here, as well as looking after members.
Members will be contacted within a few hours with options and refunds owed.
Blok Manchester has announced its permanent closure. Credit: The Manc Group
CEO and founder Ed Stanbury said: “While this marks the end of a chapter, we don’t see it as the end of our story in Manchester. We’re already speaking with developers about potential future sites and remain committed to returning to the city when the time is right.
“Thank you for being part of our story so far. Let’s shape the future of wellness. The mission continues.”
Commenting on Blok’s Instagram post – its first in almost a fortnight – people have been sharing their sadness at the closure of its Manchester site.
One person wrote: “beautiful space, beautiful staff and beautiful community.”
Another said: “Sending love to all the instructors !! :(((( gutted”
Someone else commented: “THE BEST CLASSES. I’m gutted.”
Manchester City plotting spending spree ‘before’ Club World Cup
Danny Jones
Manchester City are set to embark on somewhat of a spending spree this summer transfer window as the club’s higher-ups are looking to get business done before the 2025 Club World Cup.
With FIFA’s intercontinental club competition set to get underway in mid-June, the Blues don’t have too long to welcome in new players, but Man City chairman Khaldoon Al Mubarak has reiterated their urgency regarding recruitment.
Despite having brought in four new acquisitions in a very short space of time last season, the 50-year-old argued that he wasn’t completely happy with the extent and speed of their business.
Giving a lengthy interview this week, CFG‘s founding chairman has imposed an internal deadline ahead of the lucrative knockout competition.
Speaking with club media, Khaldoon recognised that while there were incomings in January of this year, he believes they “should have been more aggressive in some of the changes we needed to do, adding that he believes it “cost [them].”
“I can tell you today, we have clearly identified who exactly [the targets are], in what positions, and we have our clear number one option, our clear number two option”, he continues.
More importantly, he goes on to add: “We’ll go about our business, and it will be very clear, very swift. Our objective is to try to be ready with the new squad for the Club World Cup.”
He also suggested the flurry of activity this past January was not just atypical of the administration, but felt the squad fell into a crisis state with the number of injuries, insisting they “had to act.”
City have already been linked with a hugely talented and highly-rated European target in the wake of Kevin De Bruyne‘s departure and a lack of strength in depth in midfield.
An initial bid is said to have been received already and will likely be the first of many City summer signings.
He also insisted that the players who joined last season weren’t scattershot, emergency transfers (perhaps barring the resigning of İlkay Gündoğan) but were the start of the rebuild and “gives [fans] an idea of what’s coming this summer.”
Another player linked with a move to the Etihad Stadium is Lyon star Rayan Cherki, who scored in big moments during their Europa League run this year, registering 32 goal contributions across all competitions throughout the 24/25 campaign.
Who would you like to see added to Pep Guardiola’s side this summer, then, Man City fans?
You can watch Khaldoon Al Mubarak’s interview in full down below:
Danny Jones -
9th March 2023 
