Sheikh Jassim has won Manchester United takeover race, MySportDab reports.
The Qatari investor wrestled with UK billionaire and Ineos owner, Sir Jim Ratcliffe, on the race to take over Manchester United.
Sir Jim Ratcliffe was reportedly on the front foot to take over the club before Shiekh Jassim tabled a final last hour bid that met the £6bn valuation of the club by the Glazers.
According to David Ornstein of the Athletic, the Glazers personally approached PSG President, Nasser Al-Khelaifi, asking him to convince Sheikh Jassim to table an improved takeover offer for Manchester United.
Nasser Al-Khelaifi then met with Shiekh Jassim before the latter dropped the record £6bn offer for the club.
Now, reports reaching us from Daily Mail have confirmed Shiekh Jassim has won Manchester takeover race instead of Sir Jim Ratcliffe.
The report also adds Sheikh Jassim will officially be announced soon as the new owner of Manchester United.
Unlike Sir Jim Ratcliffe, Sheikh Jassim wants a full ownership of Manchester United with the Glazers not having any stake at the club.
His bid also involves clearance of all debts owed by Manchester United since the reign of the Glazers.
More funds will also be committed to the club for transfer activities and signing of new players.
Funds will also be committed for infrastructural revamp of the club and renovation of facilities.
The emergence of Sheikh Jassim as the new Manchester United will mark the end of the Glazers 19 years reign at Old Trafford which has attracted criticism from Manchester United fans.