Manchester United were put up for sale by the Glazer Family in late 2022 but a deal is yet to be approved. INEOS chief Sir Jim Ratcliffe is reportedly in the ‘final stages’ of negotiations with the club regarding a takeover, according to The Times.
But BBC have reported that an improved fresh bid from Sheikh Jassim bin Hamad Al Thani has been tabled with an ultimatum set. The Qatari banker has reportedly stated that the improved bid must be accepted by the Glazer’s by Friday, June 9 or else he will walk away from the deal after failing to make progress with his four previous offers.
The Glazers have so far held firm on their £6billion valuation of the club. Any accepted bid at this stage would represent a world record sale for a sports club.
Sheikh Jassim is the chairman of QIB, one of the leading banks in Qatar, and is the son of the Qatari prime minister. He was educated in the United Kingdom.
Sir Jim Ratcliffe is a British billionaire and boyhood Manchester United fan. The 70-year-old is the chief executive officer of the INEOS group, who currently own Ligue 1 side Nice.
Since Newcastle United’s £305million takeover in 2021, Chelsea have been sold while Liverpool have publicly expressed a desire to obtain fresh investment and Manchester United have been put up for sale in what has been described as a ‘ripple’ effect.
Ownership models at Premier League clubs can be quite complicated with different individuals and companies owning different stakes. As a result we’ve combined the wealth of each club’s key stakeholders to reach a reported net worth figure for each side’s ownership model.
Although Sheikh Jassim’s family is worth in the region of £275 billion, only the net worth of the individuals or companies set to have a stake in the club will be taken into consideration.
Here’s every Premier League club ranked from the lowest ownership net worth to the highest, plus where Sheikh Jassim and Sir Jim Ratcliffe would stand in comparison...
![Combined net worth unknown](https://www.thestar.co.uk/webimg/b25lY21zOjc4ZWFkNDI4LTFiMTktNDUzNC05ZDA3LWZiMTA5ZDI5OGFhNDphNThmZWQwNy0xZTdlLTRlZWQtYTEwMi1iYzIzMmUyZTA3Yzc=.jpg?crop=3:2&trim=&width=800)
1. N/A: Burnley - Alan Pace, Michael Smith, Stuart Hunt
Combined net worth unknown Photo: Gareth Copley
![Reported net worth: £25.74million](https://www.thestar.co.uk/webimg/b25lY21zOmU0ZTNhMDY3LTg0OTgtNDE2ZS1iNzJkLTZhNTlkNzQzNTdkODphY2ZjZWY0Yy1jNTI1LTQ0MTQtOGE5ZS02ZDNiMjI4ZmVmYTU=.jpg?crop=3:2&trim=&width=800)
2. 19th: Luton Town - Paul Ballantyne
Reported net worth: £25.74million Photo: JUSTIN TALLIS
![Reported net worth: £156million](https://www.thestar.co.uk/webimg/b25lY21zOmM4YzYxY2QwLTM2YjQtNGJlYy04N2Q5LTU1ZGU2YTMyOGVlNzo1ZTBjNTIyNC0zODZmLTRkNzktOGU3Zi0wODMyY2UyNjRkMzM=.jpg?crop=3:2&trim=&width=800)
3. 18th: Sheffield United - Abdullah bin Musa’ed
Reported net worth: £156million Photo: Lexy Ilsley
![Reported net worth: £255 million](https://www.thestar.co.uk/jpim-static/image/2023/04/05/20/GettyImages-1480116052.jpg?crop=3:2&trim=&width=800)