A consortium from Qatar led by Sheikh Jassim Bin Hamad Al Thani has confirmed their bid to purchase Manchester United. They’ve reportedly bid £4 billion to get full management of the Purple Devils.

Loïc Tanzi of RMC Sport claims the bid was formally submitted earlier than the deadline on Friday. The consortium has launched a basis known as ‘NINE TWO’ – which is reported to be a reference to the membership’s legendary Class of 92.

Confirming their bid through an announcement to the press, the NINE TWO Basis mentioned:

“Sheikh Jassim Bin Hamad Al Thani as we speak confirmed his submission of a bid for 100 per cent of Manchester United Soccer Membership. The bid plans to return the Membership to its former glories each on and off the pitch, and – above all – will search to position the followers on the coronary heart of Manchester United Soccer Membership as soon as extra.”

The assertion added that the membership could be debt-free, one thing the followers have held towards The Glazers. It added:

“The bid shall be utterly debt free through Sheikh Jassim’s 9 Two Basis, which can look to spend money on the soccer groups, the coaching centre, the stadium, and wider infrastructure, the fan expertise, and the communities the Membership helps.”

NINE TWO Basis needs to take the membership again to its glory days, saying:

“The imaginative and prescient of the bid is for Manchèster United Soccer Membership to be famend for footballing excellence, and thought to be the best soccer membership on the earth. Extra particulars of the bid shall be launched, when applicable, if and when the bid course of develops.”

Sheikh Jassim Bin Hamad Al Thani is a lifelong United fan, whereas his father, Hamad bin Jassim bin Jabar Al Thani, was the Prime Minister of Qatar from 2007 to 2013.

What number of bids have been submitted for Manchester United?

Aside from the NINE TWO Basis, one different bid has been publicly confirmed for Manchester United.

Sir Jim Ratcliffe was the primary to submit a proposal for the Purple Devils. The 70 yr previous is among the richest males in Britain and was among the many bidders for Chelsea when their possession was out there final yr. His bid quantity is undisclosed.

The Instances report suggests The Glazers want to seal the sale of the membership earlier than Easter, with a comfortable deadline of 10pm (UK time) on February 18 for official curiosity to be formalized in writing.