Qatar’s Sheikh Jassim bin Hamad Al Thani has issued Manchester United an ultimatum after submitting a fifth and supposedly final bid to buy the club.
Entering his fifth revised bid to buy Man United outright on Wednesday, the Middle Eastern banker and member of the Qatari royal family is reported to have told the club he is willing to pay “no more than £6 billion” for the takeover, an offer which sees him become the first to match the Glazer’s asking price.
However, in trying to give the negotiations a much-needed jolt — with Sheikh Jassim said to have grown frustrated with the long, drawn-out bidding process — his latest proposal also came with an ultimatum, telling the owners that they have until Friday, 8 June to accept his offer or else he will walk away.
So, rather than being strung along by the Glazers any further and potentially being dragged into another round of bidding with an arbitrary deadline, he has now given them until the end of the week to return their decision.
BREAKING: Sky News understands that Sheikh Jassim has made a fifth improved bid to buy Manchester United 💰🔴pic.twitter.com/YzTUvZ8OTR
— Sky Sports Premier League (@SkySportsPL) June 7, 2023
As Sky Sports‘ Kaveh Solhekol went on to explain, Sheikh Jassim is now “frustrated and fed up” with how the bidding process has gone thus far, noting that talks first began almost seven months ago and there have been multiple so-called ‘deadlines’ that have led to little consequence or progress.
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As a result, his bidding team have told the Glazers, board members and the Raine Group officials overseeing any potential deal that he will “no longer engage with the process” if the fifth bid is not accepted by Friday.
The chairman of Qatar Islamic Bank (QIB) who spent time in England whilst being educated at the Royal Military Academy in Sandhurst also wants to get the deal done as quickly as possible in order to clear the debts and properly fund the project at the earliest opportunity ahead of next season.
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In addition to clearing United’s debts which are estimated to be just under £1bn, the sheikh will reportedly pump sizeable funds into redeveloping the stadium (or building a new one) and investing in the squad. While his exact net worth is not known, his family’s wealth is estimated at around £275 billion.
As for whether the Glazers will actually adhere to Sheikh Jassim’s deadline and accept his fifth and final bid, it remains to be seen, but it looks like someone needs to take charge in these negotiations if they actually going to move forward.
Gary Neville has already warned that the “shoddy” bidding process could end up jeopardising next season if it continues to go on any longer and many fans think the Qatari prince’s all-or-nothing offer is the only option to finally get rid of the Glazers.
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 -
8th June 2023 
