LONDON: A consortium led by means of Sheikh Jassim Bin Hamad Al Thani, chairman of Qatar Islamic Financial institution (QIB), introduced on Friday that it had submitted an be offering to take over English Premier League membership Manchester United.

“Sheikh Jassim Bin Hamad Al Thani as of late showed his submission of a bid for 100 according to cent of Manchester United Soccer Membership,” his press free up mentioned.

The remark didn’t give any main points at the quantity proposed within the bid for the membership however the cost may achieve a report 6 billion euros, in step with reviews.

“Extra main points of the bid will likely be launched, when suitable, if and when the bid procedure develops,” mentioned the remark which added that the bid “will likely be utterly debt loose” by the use of Sheikh Jassim’s 9 Two Basis.

“(It) will glance to put money into the soccer groups, the educational centre, the stadium and wider infrastructure, the fan revel in and the communities the membership helps.

“The bid plans to go back the membership to its former glories each off and on the pitch, and – above all – will search to put the enthusiasts on the center of Manchester United Soccer Membership all over again.

“The imaginative and prescient of the bid is for Manchester United Soccer Membership to be famend for footballing excellence, and thought to be the best soccer membership on the planet.

The American Glazer circle of relatives, who finished their takeover of the 20-times English champions in 2005, introduced in November that they have been open to a sale or funding.