Battle to buy Manchester United heats up as activist investor Elliott jumps in at the last minute
first broke news of Elliott's involvement Saturday, one day after a deadline for bids set by United's American owners.
Sheikh Jassim, who also says he's supported the team his whole life, chairs the Qatari bank QIB and is the son of the country's former prime minister. The Glazer family, which currently owns a controlling stake in the publicly-listed company, wants at least 6 billion pounds to sell the club, according toElliott has owned football clubs before, having controlled Italian champions AC Milan between 2018 and 2022 before selling its stake to RedBird Capital Partners for $1.2 billion.
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