Man Utd takeover: Sheikh Jassim increasingly confident Qatar bid will succeed
The Qatar-based bid to take control of Manchester United, led by Sheikh Jassim bin Hamad al-Thani, is increasingly confident of securing a deal ahead of British billionaire Sir Jim Ratcliffe, sources have told 90min . The Nine Two Foundation, which was officially incorporated as a registered company in the United Kingdom on Thursday, was founded by Sheikh Jassim for the sole purpose of taking over at Old Trafford, and a fifth and final bid was lodged for the club last week worth around £6bn. The Qatari bidding team had become frustrated with the lack of movement in negotiations in recent weeks, but their latest offer is understood to have progressed talks with United and Raine Group, the investment bank overseeing the sale of the club. Reports elsewhere have suggested that Sheikh Jassim's bid is in talks over an exclusivity period - ahead of Sir Jim Ratcliffe's INEOS group, who are also bidding to take control of the club - but sources close to United have made it clear to 90...