(Reuters) -Qatar's Sheikh Jassim bin Hamad al Thani has informed the Glazer family that controls Manchester United Plc that he will not improve on his bid to...
-Qatar's Sheikh Jassim bin Hamad al Thani has informed the Glazer family that controls Manchester United Plc that he will not improve on his bid to acquire the iconic soccer club for more than $6 billion, people familiar with the matter said.
Jassim, who had also promised to invest more than $1.7 billion in Manchester United after he acquired it, still wants a deal but has informed the Glazer family that there is no point in remaining in the bidding process following nine months of unsuccessful negotiations, the sources said. The sources asked not to be identified because the matter is confidential. Representatives for Jassim declined to comment while Manchester United did not immediately respond to a request for comment. Sky News first reported that Jassim was withdrawing from the bidding process.Jorge Vilda was fired as part of changes at the Spanish federation after the crisis sparked by ex-president Luis Rubiales' World Cup kissing of a player.
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