Reports suggest that Sheikh Jassim bin Hamad Al Thani of the Qatari royal family is on the verge of becoming the new owner of Manchester United.
According to Qatari outlet Al-Watan, which is owned by Sheikh Jassim’s father, Jassim bin Jaber Al Thani, a deal has been finalized.
An official announcement regarding the acquisition is expected to be made in the coming days or weeks.
This development comes after previous reports had indicated that Sir Jim Ratcliffe of INEOS was leading the race to buy the club.
However, it seems that the Qataris made a late bid and have now succeeded in their efforts to take over Manchester United.