Who’s Sheikh Jassim Bin Hamad JJ Al Thani, Man United’s potential new proprietor?

Exterior view of the Outdated Trafford Stadium, house of the Manchester United. AP

Again in November 2022, the Glazer household had introduced that they have been open to promoting European soccer giants Manchester United. On 22 November final yr, which by the way was the identical day when Cristiano Ronaldo introduced he would depart the membership, United issued an announcement saying the board have been exploring ‘strategic alternate options’ for the membership.

“Manchester United publicizes at this time that the board is commencing a course of to discover strategic alternate options for the membership.

“The method is designed to boost the membership’s future development, with the final word objective of positioning the membership to capitalize on alternatives each on the pitch and commercially.

“As a part of this course of, the board will think about all strategic alternate options, together with new funding into the membership, a sale, or different transactions involving the corporate.

“This may embrace an evaluation of a number of initiatives to strengthen the membership, together with stadium and infrastructure redevelopment, and enlargement of the membership’s industrial operations on a world scale, every within the context of enhancing the long-term success of the membership’s males’s, girls’s and academy groups, and bringing advantages to followers and different stakeholders,” United had mentioned within the assertion.

The event concerning United’s sale gathered even additional tempo final week after a consortium led by a Sheikh bin Hamad Al Thani, Qatari banker submitting a bid to take full possession of United, whereas British billionaire Jim Ratcliffe, who’s the CEO of the INEOS chemical firm based mostly in London, additionally had bid for the membership.

“Sheikh Jassim Bin Hamad Al Thani at this time confirmed his submission of a bid for 100% of Manchester United Soccer Membership,” Al Thani had mentioned in an announcement on Friday, whereas additionally including that the bid deliberate to return United to it’s ‘former glories’.

“The bid shall be utterly debt free through Sheikh Jassim’s 9 Two Basis, which can look to spend money on the soccer groups, the coaching centre, the stadium and wider infrastructure, the fan expertise, and communities the membership helps,” added the assertion.

In the meantime, Ratcliffe’s firm INEOS will hope to develop their ever-growing sports activities portfolio ought to their bid ultimately change into profitable. INEOS at present owns the French Ligue 1 outfit Good, Swiss membership FC Lausanne-Sport and Ineos Grenadiers, the biking crew that was previously known as Staff Sky.

So who’s Sheikh Jassim Bin Hamad Al Thani? Let’s discover out right here:

Sheikh Jassim Bin Hamad Al Thani was born in 1982, and is taken into account to be a lifelong supporter of Manchester United. His father Hamad bin Jassim bin Jaber Al Thani, had served because the Prime Minister of Qatar between 2007 and 2013.

The politician additionally owns French giants Paris Saint-Germain (PSG), which might elevate a battle of curiosity between the 2 golf equipment, since UEFA prevents two golf equipment competing in the identical competitors to be owned by the identical organisation.

Al Thani is the longstanding chairman of Qatar Islamic Financial institution (QIB) and was educated at Sandhurst, the elite British army academy.

In contrast to his father, nevertheless, Sheikh Jassim has saved a low-key worldwide profile. Sheikh Jasim, who’s in his early 40s, has been concerned with a number of enterprise with shut ties to the federal government, and even earlier than he was 20 years previous, he held seats on boards of among the greatest Qatari firms.

And earlier than turning 30, Sheikh Jassim grew to become a board member of Credit score Suisse Group AG, the place he served until 2017 amid a monetary disaster.

Sheikh Jassim holds numerous different positions other than serving because the chairman of QIB. He’s an honorary president of the Qatar Nationwide Most cancers Society (QNCS), chair of the supreme council of setting and pure sources, and in addition a a member of the Board of Trustees at Qatar Basis.

Jassim was a second lieutenant within the Qatari armed forces earlier than being appointed as inheritor obvious in 1996. He changed his half-brother Mishaal bin Hamad Al Thani as inheritor obvious, however abdicated seven years later, after he was reported to have despatched a letter to his father, stating that he by no means wished the place.

Sheikh Jassim married his cousin Sheikha Bothaina bint Hamad Al and have eight youngsters collectively.

With inputs from AFP 

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