Qatari Consortium Won't Make New Bid for Manchester United

The Qatari consortium, led by Sheikh Jassim bin Hamad Al Thani, which made a significant bid to acquire a controlling stake in Manchester United three years ago, will not be submitting a new offer, according to most English media outlets. Yesterday, The Sun reported that the Glazer family, owners of the Red Devils, are once again considering another attempt to sell the club. The Americans tried to offload their controlling stake in 2023, with Sheikh Jassim being one of the primary contenders. He even submitted a maximum bid of £5 billion, which was ultimately rejected. Instead, Manchester United's owners favored Sir Jim Ratcliffe's proposal, leading him to purchase approximately 27% of the 20-time champions and gain operational control of the club.

The Red Devils have shown financial improvement, recording profits this year, with expectations for further enhancement following their return to the Champions League. Despite these positive trends, it is believed that the Glazer family remains divided on the best approach for the club's future. Most sources indicate that Joel and Avram Glazer, who are currently involved in management, are unwilling to sell their shares, while other family members prefer to part ways with the club.