Sheikh Jassim quits Man Utd, now considering buying another big European club

Sheikh Jassim Bin Hamad Al Thani is said to be considering buying another club instead of Manchester United, after numerous delays.

It has been 11 months since the Glazer family first announced they were exploring strategic options for United, which could result in an outright sale of the club.

Despite several related offers from Qatari banker Sheikh Jassim and British billionaire Sir Jim Ratcliffe, who are said to have valued the club at over €5 billion, the Glazers remain in place at Old Trafford.

As the wait continues for a decision from the American owners, Sky Sports reports that Sheikh Jassim has withdrawn from the purchase of the Red Devils.

On the other hand, the Italian medium Tuttomercatoweb reports that the billionaire from Qatar may now have his eyes on the acquisition of the Serie A giant, Inter.

Inter, who were Champions League finalists last season, are currently owned by the Chinese Zhang family, with 31-year-old Steven Zhang becoming the youngest chairman in the club’s history in 2018.

However, with an imminent loan repayment deadline set for May 2024, questions have been raised over Zhang’s long-term future at the club, with the Raine Group said to have been on the lookout for potential buyers.

Tuttomercatoweb claim that Sheikh Jassim has entered the race as a potential bidder to buy the Serie A side.

However, the Italian outlet claim that a major point of contention is the price, with Zhang said to value the club at €1.2 billion.

Sheikh Jassim is said to be unwilling to meet Zhang’s asking price, leading to a current stalemate in negotiations.