Qatar's Sheikh Jassim withdraws bid to buy Man Utd

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Qatari banker Sheikh Jassim Bin Hamad Al Thani has withdrawn a bid to buy Manchester United, the BBC reported on Saturday. Sheikh Jassim's bid was for full control of United and promised to clear the club's debt.

United announced nearly a year ago that the board was exploring"strategic alternatives to enhance the club's growth", with a full sale one of the options.

The Americans have owned the English giants since a leveraged takeover in 2005 for £790 million saddled the club with huge debts.Click “See First” under the “Following” tab to see Briefly News on your News Feed!

 

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