Who is Jassim Bin Hamad Al Thani ? All you need to know about the Qatari Sheikh who wants to buy Manchester United

Jassim Bin Hamad Al Thani, the chairman of Qatar Islamic Bank has been a Manchester United supporter since 1992.

Who is Jassim Bin Hamad Al Thani ? All you need to know about the Qatari Sheikh who wants to buy Manchester United

Jassim Bin Hamad Al Thani, the former heir-apparent of Qatar, and chairman of Qatari Bank QIB has launched an official bid to take over Premier League club Manchester United. He placed a massive £4 bn bid for the complete takeover of The Red Devils on Friday. The bid came with a promise to rebuild the iconic Old Trafford stadium as part of the bid. The Qatari Sheikh claimed that he had been a Manchester United supporter for a very long time, and promised to develop the stadiums, training grounds and faculties.

Jassim bin Hamad bin Khalifa Al Thani is the third son of Sheikh Hamad bin Khalifa Al Thani, the former Prime Minister of Qatar. The Manchester United supporter made an official bid through his foundation Nine Two Foundation before Friday’s PM 10 soft deadline set by Rain Group. Nine Two released a statement earlier, “Sheikh Jassim bin Hamad al-Thani today confirmed his submission of a bid for 100% of Manchester United. The bid plans to return the club to its former glories both on and off the pitch, and – above all – will seek to place the fans at the heart of Manchester United once more.”

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“The bid will be completely debt free via Sheikh Jassim’s Nine Two Foundation. Which will look to invest in the football teams, the training center, the stadium and wider infrastructure, the fan experience and the communities the Club supports. The vision of the bid is for Manchester United to be renowned for footballing excellence, and regarded as the greatest football club in the world.” The statement read.

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Everything you need to know about Jassim Bin Hamad Al Thani and his interest in Manchester United

Sheikh Jassim Bin Hamad Al Thani has been a Manchester United supporter since he was 10 years old.

Sheikh Jassim Bin Hamad Al Thani, the chairman of the Qatar Islamic Bank was born in 1982. The QIB was established in the same year of his birth. His father and former Prime Minister of Qatar, Sheikh Hamad bin Khalifa Al Thani has been a prominent investor in London for years. The former Primer Minister owns Luxury Mayfair hotels like the Connaught and the Claridge’s. He is also a shareholder in Deutsche Bank.

Sheikh Jassim is understood to have become a Manchester United fan in 1992, when he was just 10 years old. He named his foundation Nine Two, paying tribute to the class of 1992 players. The group of homegrown players like David Beckham and Ryan Giggs led the club’s dominance under the legendary manager Sir Alex Ferguson. It is the same glory that the Qatari Chairman wants to return to the club.

A report from Sky Sports claimed that the QIB Chairman is planning to buy Manchester United because he is a supporter. “He doesn’t want to make any money out of this at all. He’s not doing it to make money, he’s doing it because he’s a Manchester United supporter. I’m also being told any profits that are made from him owning Manchester United he will put back into the club and the Nine Two Foundation.”

Sir Jim Ratcliffe joins the race to buy Manchester United amid Qatari bid

Sir Ratcliffe is in the bidding race to takeover Manchester United.

One of Britain’s wealthiest men, Sir Jim Ratcliffe, has also placed an official bid to take over Manchester United right after the Qatar group submitted their proposal. The bidding war for Manchester United looks heated up as both the suitors look to be serious about acquiring 100% of the sporting giants. Sir Jim, who is the owner of INEOS petrochem company, promised that he would not burden the club with debts.

The owner of INEOS hopes to portray himself as a safe haven for the club, as he has been a supporter of the Premier League giants since childhood. Raine Group, the bank in charge of the sale, set the ‘soft’ deadline on February 17 for the official bids from the interested parties. Sir Jim Ratcliffe, who grew up in Greater Manchester, owns Cycling team Ineos Grenadiers, Ligue 1 side Nice, FC Lausanne-Sport, a Swiss Super League club and is no stranger to investing in sports.

A Sky Sports News report stated, “We’ve got two owners fighting it out for Manchester United. I think there will be developments and we will hear about more bidders but these are very different bids. Qatar, people have almost unlimited wealth, who don’t even need the backing of investment banks to do this deal. Then we have Sir Jim Ratcliffe who is going to emphasize the fact he’s British. That he was born in Greater Manchester, that he has been a Manchester United supporter all his life. The report claimed it was ‘important’ for an English businessman to own Manchester United.

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