Topline
Qatari official Sheikh Jassim bin Hamad Al Thani has withdrawn his bid for Premier League team Manchester United, several outlets reported Saturday, the latest twist for the club’s current billionaire American owners pursuing the largest-ever sale of a soccer team.
Key Facts
Sheikh Jassim, who submitted a $6 billion bid for Manchester United to the Glazer family earlier this year, believed the Americans’ more than $7 billion asking price was far too rich considering the team is valued at $3.3 billion on the open market, through its publicly listed shares on the New York Stock Exchange, sources told ESPN.
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