MX23RW : Wednesday, March 12 05:42:17| >> :120:16694:16694:

Sheikh Jassim 'to complete full Manchester United takeover in October'

Sheikh Jassim 'to complete full Man United takeover in October'
© Reuters
Sheikh Jassim bin Hamad Al Thani will complete a full takeover of Manchester United by the middle of October, according to a report.

Sheikh Jassim bin Hamad Al Thani will allegedly complete a full takeover of Manchester United by the middle of October in a deal that could reach £6bn.

The takeover process at the club has already lasted nine months, with the current owners, the Glazer family, signalling last November that they were open to a sale.

Sheikh Jassim has recently emerged as the favourite to purchase the Red Devils, with the Qatari banker moving above British billionaire Sir Jim Ratcliffe in the pecking order.

There were recent suggestions that Sheikh Jassim was becoming increasingly concerned that the Glazers could ultimately decide against selling the club, as there is still believed to be a split in the family when it comes to the best course of action.

However, according to The Sun, the Qatari is in the latter stages of his takeover process, and he is set to purchase 100% of the 20-time English champions by the middle of October.

General view inside Old Trafford before the match on January 10, 2022© Reuters

The report claims that an announcement could potentially arrive as early as next month, with Sheikh Jassim preparing to commit significant funds to improve Old Trafford and the Carrington training complex, in addition to making substantial transfer funds available.

The Qatari's team are currently said to be 'completing their due diligence', with the takeover now process now set to come to a close.

Man United have been able to make three signings during this summer's transfer window, with Mason Mount, Andre Onana and Rasmus Hojlund arriving to boost the squad.

The club are still being linked with Fiorentina's Sofyan Amrabat, but it is understood that there will have to be at least one major exit before any further additions are made.

Fiorentina's Sofyan Amrabat on April 5, 2023© Reuters

Fiorentina are said to be given a deadline of Friday for the Morocco international to leave the club, as the Serie A giants are not prepared to leave it late to sign a potential replacement.

On the field, it has been an underwhelming start to the season for Man United, who edged past Wolverhampton Wanderers in their opener at home before losing 2-0 at Tottenham Hotspur on Saturday.

Erik ten Hag's side will be bidding to bounce back from the two-goal defeat in North London when they welcome Nottingham Forest to Old Trafford on Saturday afternoon.

Donny van de Beek, Brandon Williams and Eric Bailly are among the players currently being linked with moves away from Old Trafford.

Scott McTominay has also been linked with a departure, although it seems unlikely that the Scotland international will leave if Van de Beek is shown the exit, with Fred already transferring away this summer.

ID:521900:1false2false3false:QQ:: from db desktop :LenBod:collect5841:
Written by
Matt Law

Manchester United takeover - Click here for more stories

Click here for more stories about Sheikh Jassim bin Hamad Al Thani

Click here for more stories about Manchester United

Collect / Create New Data
Share this article now:
Fiorentina's Sofyan Amrabat looks dejected on June 7, 2023
Read Next:
Fiorentina 'set deadline for Man Utd, Liverpool-linked Amrabat'
>
Sports Mole Logo
Enter your email address to subscribe to Sports Mole's free daily transfer newsletter! Sent twice a day during the transfer window.
rhs 2.0
Today's games header
Tables header RHS
TeamPWDLFAGDPTS
1Liverpool29217169274270
2Arsenal281510352242855
3Nottingham ForestNott'm Forest28156745331251
4Chelsea28147753361749
5Manchester CityMan City28145953381547
6Newcastle UnitedNewcastle2814594738947
7Brighton & Hove AlbionBrighton28121064640646
8Aston Villa2912984145-445
9Bournemouth28128847341344
10Fulham2811984138342
11Crystal Palace2810993633339
12Brentford28115124844438
13Tottenham HotspurSpurs281041455411434
14Manchester UnitedMan Utd2897123440-634
15Everton2871293135-433
16West Ham UnitedWest Ham2896133248-1633
17Wolverhampton WanderersWolves2865173857-1923
18Ipswich TownIpswich2838172658-3217
19Leicester CityLeicester2845192562-3717
20Southampton2823232068-489


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!