Old Trafford Stadium in Manchester (AFP image)
It is understood Shahzad Shahbaz, President of Sheikh Jassim’s Nine Two Foundation, was present along with Fady Bakhos, the Qatari banker’s personal adviser.
Representatives of a Qatari banker reportedly visited Manchester United on Thursday as the battle to buy the Premier League club intensified. United’s owners, the Glazer family, announced in November that they were considering a sale.
Qatari businessman Sheikh Jassim Bin Hamad Al Thani and British billionaire Jim Ratcliffe, founder of chemical company INEOS, have made separate bids to buy United.
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The competing bidders were invited to visit United this week and although Sheikh Jassim did not travel to Manchester on Thursday, he did send a delegation for presentations at Old Trafford and for talks at the club’s Carrington training ground.
It is understood Shahzad Shahbaz, President of Sheikh Jassim’s Nine Two Foundation, was present along with Fady Bakhos, the Qatari banker’s personal adviser.
Bank of America’s Sam Powers and Yasir Shah were part of the delegation, along with Macfarlanes’ attorneys and retail real estate experts.
Friday will see another day of presentations and tours at United, with childhood United fan Ratcliffe flying in from Nice, where he owns the city’s Ligue 1 football club.
INEOS co-owners Andy Currie and John Reece will be in Manchester alongside Rob Nevin, Chairman of INEOS Sport, and Jean Claude Blanc, Chief Executive of INEOS.
Dave Brailsford, the former head of British cycling, will also be present in his role as sporting director at INEOS Sport on Friday.
Ratcliffe also owns Swiss club FC Lausanne-Sport, cycling team INEOS Grenadiers and a third of Formula 1 team Mercedes.
Sheikh Jassim and Ratcliffe are the only interested parties to publicly announce their bids to merchant bankers Raine, but it is reported that there are at least two other bids that are still private at this time.
All bidders are reportedly being asked to submit a second bid for United in the next 10 days.
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(This article was not edited by News18 staff and is published by a syndicated news outlet feed.)
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