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Qatar's Al-Watan newspaper reported on Tuesday
evening that Sheikh Jassim, son of a former prime minister of
the country, was poised to be announced as the preferred bidder
of the Premier League soccer club, CNBC said.
Reuters could not immediately verify the Qatari media report,
nor did Manchester United respond to a Reuters request for
comment.
UK's Daily Mail said last week that Sheikh Jassim had made a
"fifth and final" offer of more than 5 billion pounds ($6.28
billion) after British billionaire Jim Ratcliffe's INEOS
reportedly outbid him in April.
New York-listed shares of Manchester United have slumped nearly
14% this year.
The latest "deadline" to finalize Sheikh Jassim's offer ended on
Friday, but no official announcements were made.
The current owners, the American Glazer family, are reportedly
seeking 6 billion pounds ($7.5 billion), which would be a world
record for any sports club or franchise, but neither bid is that
high.
(Reporting by Medha Singh in Bengaluru; additional reporting by
Aditya Soni; Editing by Shinjini Ganguli)
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