Premier League

Man Utd’s next owner? All you need to know about Qatari Sheikh Jassim

Man Utd's next owner? All you need to know about Qatari Sheikh Jassim

Qatari Sheikh Jassim bin Hamad bin Khalifa Al Thani has launched a bid to become the new owner of Manchester United.

The banker officially submitted a serious bid to take over the 13-time Premier League champions on Friday and will rival British billionaire Sir Jim Ratcliffe to take control of the club.

We’ve put together a rough guide of everything you need to know about the man who might be United’s next owner.

Who is Sheikh Jassim?

Sheikh Jassim is the son of former Qatar prime minister Hamad bin Jassim bin Jaber Al Thani, who served in the role between 2007 and 2013 – in the role when Qatar successfully won their bid to host the 2022 World Cup.

He was born in 1982 and was educated at the Royal Military Academy in Sandhurst, going on to graduate as an officer cadet.

The businessman later became chairman of one of Qatar’s leading banks, the Qatar Islamic Bank (QIB).

Does he have any connection with Man Utd?

According to a Sky Sports report, Sheikh Jassim has been a Manchester United fan since he was a 10-year-old back in 1992.

Further details on his affinity and fandom with the club are relatively thin on the ground.

“I’m also being told any profits that are made from him owning Manchester United he will put back into the club and the Nine Two Foundation,” noted Sky reporter Koveh Solhekol.

“He doesn’t want to make any money out of this at all. He’s not doing it to make money, he’s doing it because he’s a Manchester United supporter.”

It’s been suggested that Sheikh Jassim’s Nine Two foundation is named after United’s famous Class of ’92.

His competitor for the takeover, Ratcliffe, is also said to be a lifelong United supporter.

How rich is Sheikh Jassim?

The net worth of the man himself is currently unknown. However, it’s not his personal wealth that would allow him to complete what would be a world-record deal to own a sports club.

The Sun report that Qatar’s Royal Family, of whom he’s a member, have a collective net worth of £275billion.

It hasn’t officially been announced what the bid for United is, but according to a report in L’Equipe it’s something in the region of €4.5billion.

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