According to reports, representatives of Manchester United’s owners, the Glazers family, met with Nasser Al-Khelaifi, the chairman of Paris Saint-Germain (PSG). The purpose of the meeting was to discuss the bid made by Sheikh Jassim bin Hamad Al Thani, a Qatari banker. The Glazers, who have had a longstanding relationship with Al-Khelaifi, hoped to leverage this connection to persuade Sheikh Jassim to increase his bid to match the £6 billion valuation of Manchester United. The meeting reportedly occurred over a month ago.
Sheikh Jassim recently submitted his fifth and purportedly final bid for the ownership of Manchester United. However, the exact valuation of the latest bid is unknown. The Glazers announced their intention to sell the club in November, but they and the Raine Group, managing the sales process, have not provided public updates on the bids received.
Bidders have become frustrated by the lack of information and rumors that the Glazers are unwilling to accept anything less than the £6 billion valuation. Sheikh Jassim expressed his intention to withdraw from the process if he did not receive any communication from the owners or the Raine Group by the end of June 9. As of now, there has been no official statement from the club or its owners, but a decision is expected to be made in the coming days according to sources close to the deal.