According to British media, Man United's owners, the Glazer family, have probably decided to sell the team outright to a group of Qatari investors - led by billionaire Jassim Bin Hamad Al Thani (also known as Sheikh Jassim).
Al Watan, a major newspaper in Qatar owned by the Al Thani family, confirmed this information and said that the Qatari Prince will certainly become the new owner of the team nicknamed "The Red Devils of Manchester".
British and Qatari media reported that Sheikh Jassim successfully asked to buy Man United.
Until last weekend, the negotiations between the two partners interested in buying Man United, billionaire Jim Ratcliffe's Ineos oil group and Sheikh Jassim's Qatar investment group, were still extremely tense.
Al Thani's investment group has submitted a fifth bid, estimated at around £5bn, to take full control of Man United and commit to major spending on developing Old Trafford's infrastructure as well as upgrading the Carrington training centre.
In addition, Al Thani and his associates will also invest in the transfer market so that coach Erik ten Hag can buy players this summer.
Man United and Old Trafford will be upgraded in quality
Meanwhile, British billionaire Jim Ratcliffe offered to buy at a lower price just to manage 60% of Man United's shares, while allowing the Glazer family to continue to control Man United for a while before the two sides reached an agreement to "buy outright, sell outright".
The common point of both partners is that they are ready to take over Man United and both do not agree with the price of up to about 7.2 billion pounds offered by the Glazer family.
Billionaire Jim Ratcliffe has loved Man United since he was young.
If the information is true as The Mirror (UK) and Al Watan both confirmed, the race between Al Thani and Jim Ratcliffe is considered to have ended with the victory belonging to the group of investors from the Middle East.
Man United's stock price suddenly increased sharply at the end of June 12, according to this information. Also according to Al Watan, Al Thani investment group will announce the agreement to transfer Man United as soon as possible.
The Glazers took over Man United in 2005.
The Glazers first announced that they would take over Man United in November 2022, the same day they confirmed Cristiano Ronaldo would leave the club by mutual consent.
The Manchester United transfer saga appears to have come to an end after seven months of speculation. One of the saddest people, of course, is none other than billionaire Jim Ratcliffe, whose failed bid to buy United, the club he has supported all his life.
Man United will have many changes in the coming time
Those interested in Man United are still waiting for an official decision from the Glazer family. The billionaire brothers Avram and Joel Glazer, along with the Raine Group, have yet to make an official announcement about the winning bid.
Even coach Erik ten Hag is still unsure how much of the budget will be approved for new players: "I really don't know anything. Man United is one of the biggest clubs in the world , competing for big tournaments like the Champions League and Premier League, so it needs money to build a team to ensure success."
Marcus Rashford and Bruno Fernandes are the pillars of Man United
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