Qatari banker Sheikh Jassim Bin Hamad Al Thani confirms a bid for Man United has been made

Sheikh Jassim bin Hamad bin Jaber Al Thani, the chairman of one of Qatar’s biggest banks, has bid for Manchester United..

Al Thani, son of former Qatari prime minister Hamad bin Jassim bin Jaber Al Thani, confirmed his offer for the English football club in a statement to the Financial Times.

Sheikh Hamad Bin-Jaber al-Thani, known as HBJ, was one of Qatar’s most powerful figures in the late 1990s and 2000s, serving as prime minister and foreign minister.

As Qatar used its gas riches to snap up trophy assets in the 2000s, he head the Qatar Investment Authority and was the face of a spending spree that take stakes in the Shard, Chelsea Barracks, Canary Wharf, the London Stock Exchange, the Berkeley and the Connaught hotels in London.

However, his influence waned when Sheikh Hamad bin Khalifa al Thani shocked the Gulf by abdicating and handing power over to his son, Sheikh Tamim, the current emir, in 2013. HBJ was sidelined and replaced as prime minister and head of the QIA, the sovereign wealth fund.

“The bid plans to return the Club to its former glories both on and off the pitch, and – above all – will seek to place the fans at the heart of Manchester United Football Club once more,” a statement from Al Thani said.

“The bid will be completely debt free via Sheikh Jassim’s Nine Two Foundation, which will look to invest in the football teams, the training centre, the stadium and wider infrastructure, the fan experience and the communities the Club supports.”

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