Sheikh Jassim makes new Manchester United move as his desperation and irritation becomes clear

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Another new takeover offer has been submitted for Manchester United from Qatari investor Sheikh Jassim.

Potential Manchester United buyer Sheikh Jassim has submitted a fifth offer to buy the club, reports The Mail.

The report states he has given the Glazers an ultimatum that after this Friday – he will not negotiate any further.

It is a sign his patience is being tested by the shambolic way the Glazers have conducted the sale process.

READ: Confirmed Manchester United transfers in, out, loans, releases, youth for 2023/24

Manchester United need clarity

The Glazers are wasting everybody’s time with their indecision. Sheikh Jassim is one of two leading bidders, along with Sir Jim Ratcliffe.

There are also minority investment bids on the table, while it is unclear if the Glazers even want to sell at all.

It is nearly one full month since Sheikh Jassim submitted his fourth offer for Manchester United, which was described by The Mail at the time as ‘extraordinary’.

The Times had reported Sir Jim Ratcliffe was leading the race, with Jassim’s fourth offer still understood to be below his valuation.

It is unclear how much Sheikh Jassim’s latest bid is worth. But with yet another offer submitted, it shows how desperate he is to win the race to buy Manchester United.

The Qatari bidder has kept a low profile through the process, but has pledged a 100 per cent buyout.

Ratcliffe’s offer is only for a ‘majority stake’ which would phase the Glazers out rather than buy them out immediately.

Sheikh Jassim’s ultimatum that he will no longer engage and negotiate after this Friday shows irritation with the Glazers, which is totally understandable.

This charade has been dragging on for months, and huge amounts of money are involved. It feels like the Glazers are attempting to squeeze every last penny out of potential buyers, and Sheikh Jassim is now putting his foot down and pledging this is the last offer.

The final deadline was supposed to be back on April 28. The uncertainty is not good for Manchester United, with the transfer window set to open. This could still drag on for weeks without resolution.