Sheikh Jassim is the chairman of QIB, which is one of Qatar’s leading banks, and has submitted a 100% offer to buy out current owners the Glazer family.
“The bid will be completely debt free via Sheikh Jassim’s Nine Two Foundation, which will look to invest in the football teams, the training center, the stadium and wider infrastructure, the fan experience and the communities the club supports,” a statement said.
“The vision of the bid is for Manchester United Football Club to be renowned for footballing excellence, and regarded as the greatest football club in the world.”
It did not mention what the bid would be.
While plans to invest in the first team and redevelop Old Trafford will be well received by fans, there is likely to also be opposition after Qatar was heavily criticized for its treatment of migrant workers and human rights record ahead of hosting last year’s World Cup.
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