Grassa family for sale
Manchester United Football Club
The bidding for the deal of the century closed in the early hours of Saturday (18th), with buyers from the Middle East, the United States and the United Kingdom entering the bidding, and the most talked about is the Qatari consortium, whose backer Sheikh Al-Thani has finally been revealed to be a 41-year-old second-generation government official, with an illustrious background as a member of the Qatari royal family, and his father, Al-Thani, was the Prime Minister of Qatar. Sheikh Al-Thani threatened to take over the company.
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Afterwards, the team has to be brought back to its former glory days.
Recently there have been rumors of a Qatari consortium offering £5 billion to buy the
Manchester United Football Club
After the sale of the Red Devils, the big boss of the Qatari consortium, Sheikh Al-Thani, finally showed up to announce the acquisition.
The youngster, who has a royal background and is currently the Chairman of Qatar Islamic Bank, announced the acquisition through a spokesman.
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The Plan: Sheikh Al-Thani has confirmed the offer of a takeover
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To return the Red Devils to their former glory, both on and off the field, and most importantly, to put the fans back in the center of the action.
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It will also invest in developments such as the modernization of the Otford Stadium and training facilities.
The statement noted that Sheikh Al-Thani, through his 92 Fund, had acquired the
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There was no borrowing involved. The Grasha family bought the company in 2005 by taking on debt.
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The Red Devils have been in debt for over a decade, and the team's development has been hampered by the fact that Sheikh Al-Thani has stated that he is taking out a zero-borrowing deal to reassure the Red Devils fans that history will not repeat itself.
It is worth mentioning that Sheikh Al-Thani studied in the UK and belongs to the
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Fans, the 92nd Fund is named after
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92 Classic Generation, back in the day
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Trained to
brackish
The first 7 Little Fortunes started the Red Devils' dynasty.
It is also reported that Britain's richest man, Ratcliffe, as well as consortiums from the US and Saudi Arabia have entered the bidding.
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This century deal is expected to be finalized within six weeks.
