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5 months ago
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The Manchester United sale process lasted many months. It ended with the sale of 29% of the club’s shares from the Glazers family to INEOS and therefore the entry of Jim Ratcliffe into the minority stake in the club. The English billionaire was not the only candidate, Qatar with Sheikh Jassim bin Hamad Al Thani also wanted to enter the capital of Manchester United. Except that during his five purchase offers, the president of the Islamic Bank of Qatar never provided a single proof of his financing, as indicated The Telegraph.
Still according to the English newspaper, Cheikh Jassim ended his takeover offer in October because of frustration with the difficulty of the process. This abandonment accelerated the sales process in favor of Jim Ratcliffe, who was able to negotiate the price of the shares and his entry into the capital of the Mancunian club.
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Manu Tournoux is a passionate and knowledgeable football enthusiast with a special focus on French football. Born and raised in France, Manu discovered his love for the beautiful game at a young age and developed a deep understanding of the ins and outs of "Le Championnat." His French roots and extensive experience in football journalism have made him an invaluable asset to the French Football Weekly team. As an author for the website, Manu's expertise includes not only in-depth analysis of Ligue 1 and Ligue 2 matches but also insightful profiles of up-and-coming talents, detailed transfer news, and engaging coverage of the French national team. His captivating writing style and undeniable passion for the game have earned him a loyal following among our readers. When he's not crafting engaging articles for French Football Weekly, Manu enjoys attending live matches whenever he can, exploring football culture in various French cities, and engaging in spirited debates with fellow fans. Feel free to follow Manu on Twitter and interact with him as he shares his expert opinions, insights, and love for French football.
