Qatari sheikh increases bid to buy Manchester United from the Glazers

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Qatari sheikh increases bid to buy Manchester United from the Glazers
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His renewed offer - believed to be close to £5bn but shy of the Glazer family's £6bn valuation - was submitted on Tuesday morning.

Sheikh Jassim Bin Hamad al Thani has submitted an increased fourth bid to buy Manchester United.

Sheikh Jassim believes his bid is a very competitive one which brings huge benefits to Manchester United, including clearing nearly £1bn worth of club debt and a separate fund to redevelop Old Trafford, the surrounding area and the club's Carrington training ground. What they have to decide is whether they take all of the money now from Sheikh Jassim or do they want some of the money from Sir Jim Ratcliffe while keeping a stake which would give them more money in the future.

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