Sheikh Jassim bin Hamad bin Jabr Al Thani, chairman of one of the largest Qatari banks and son of former Qatari Prime Minister Hamad bin Jassim, made an offer on Friday to buy Manchester United, a club in the English Premier League, after the American owners of the team began formal sale procedures late last year.

Al-Thani said in a statement that he had made an official offer to buy 100% of Manchester United Football Club.

“The bid plans to restore the club to its former glories on and off the field and, above all, will seek to put the fans at the heart of Manchester United Football Club once again,” the statement added.

The statement stressed that the offer “will be completely debt-free through the Sheikh Jassim Foundation, which will look to invest in the football teams, training center, stadium, wider infrastructure, fan experience and the communities the club supports.”

“The vision of the bid is for Manchester United Football Club to be known for football excellence and to be seen as the greatest football club in the world. Further details of the bid will be announced, where appropriate, if the bidding process develops,” the statement said. And when did that happen?”

Sheikh Jassim’s offer came to settle the rumors that circulated about the intention of the “Qatar Sports Investments” company, which is a separate entity from the Qatar Investment Authority, which owns the French club Paris Saint-Germain, which was difficult to complete the deal due to the regulations of the European Football Association, as the teams Which the majority of its shares belong to the same person or entity, cannot compete in the major tournaments in the region, including the European Champions League.

Some sources stated that the Qatari offer exceeds the 5 billion euro barrier, and thus could break the record for the largest sale of a sports club.

Chelsea were sold in May for 4.8 billion euros to US investors, but the amount included 2 billion euros in investment promises.