Manchester United bidder Sheikh Jassim.

Manchester United bidder Sheikh Jassim. Photo: Sky Sports.

Are Manchester United set to become an ‘oil money’ club?

Manchester United are set to become the latest Gulf-backed football project following reports that Sheikh Jassim’s bid to buy club will be accepted.

Manchester United bidder Sheikh Jassim.

Manchester United bidder Sheikh Jassim. Photo: Sky Sports.

Manchester United are rumoured to become the latest Gulf-backed football project following reports that Qatari Sheikh Jassim bin Hamad Al Thani’s bid to buy the iconic club will be accepted.

The current owners of Manchester United, the notorious Glazer family, announced in November 2022 that the club is in the market and confirmed that they’ve appointed the Raine Group to handle the sale.

A bidding war between has since broken out with as many as eight parties believed to have joined the queue to buy Manchester United from the Glazer family. But the two leading purchasers are British billionaire Sir Jim Ratcliffe and Qatari Sheikh Jassim bin Hamad Al Thani.

The two potential buyer made it through to the second-phase of the bidding process, with both compiling and submitting bids in excess of £5b.

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Reports have now surfaced suggesting that Glazer family intends to sell Manchester United to Sheikh Jassim, whose offer to buy the club includes many different proposals.

The two main proposals out of the lot, it believed to be one with all the money and one with money plus investment opportunities for the Glazers in Qatar which can translate to millions.

According to the reports, it has not yet been decided which method of payment the Glazers will accept because the Raine Group is still working through the payment structure of Sheik Jassim’s bid.

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For the longest time, Manchester United fans have prided themselves on the fact that their club generates its own money, while ridiculing the likes of Manchester City and Paris Saint-Germain for their ties to Abu Dhabi and Qatar, respectively.

Despite City and PSG’s recent success, Manchester United supporters have always taken the high road, arguing that both teams’ rise to prominence is solely because they are ‘oil money’ clubs.

But now that ownership of Manchester United is likely to be transferred to a Qatari Sheikh, does that lumped the iconic football club into the same category? And does that mean United supporters will now have to accept that any future title successes will be tainted because it was bought with ‘oil money’, a term they so enjoyed foisting on others?

The answer to all these questions is yes. And yet, Manchester United supporters have been so deprived of title success that they — or the vast majority of them — probably do not care in the slightest.

They want to see their team at the top of the podium and their club restored to its former glory at all costs.

The Sheikh’s plans for the club

Sheikh Jassim's plans for Manchester United. Photo: Twitter.
Sheikh Jassim’s plans for Manchester United. Photo: Twitter.

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