Barcelona coach, Xavi Hernandez, supports Qatar investors who plan to purchase Manchester United. Investor from Qatar, Sheikh Jassim bin Hamad Al Thani, must compete with the richest figure in the UK, Sir Jim Ratcliffe, in an effort to buy Man United. Sheikh Jassim has a greater chance as he is willing to buy the shares as a whole. While Jim Ratcliffe isn’t. Sir Jim Ratcliffe has bid for 69 per cent of Manchester United after offers were submitted ahead of the Friday deadline.
Xavi Hernandez assessed that the figure of Sheikh Jassim could provide guarantees to Man United to develop more rapidly. “I have a good relationship with Sheikh and I think he will do a good job,” Xavi was quoted as saying by The Sun. “I feel he is a good person with serious responsibility,” he stressed.
Xavi’s assessment of Sheikh Jassim could not be separated from his experience as a Qatar club player, Al Saad in 2015-2019. He later became the club coach in 2019-2021. The Spaniard was very confident that Sheikh Jassim could provide financial disbursement which was very helpful for Erik Ten Hag.
“Man United is one of the best teams in Europe today, they show their quality and competitiveness through great results,” Xavi said. “They (Erik Ten Hag’s squad) are the best Man United I have ever seen in recent years, with great coaches, and great players with many personalities and ambitions,” he said.
Sheikh Jassim bargained Man United with a value of 6 billion pounds. “The offer plans to return the club to its heyday both on and off the field, and will try to place fans in the heart of the Manchester United football club once again,” said Sheikh Jasim.
“The offer will be fully debt -free through Sheikh Jassim’s Nine Two Foundation, who will invest in a soccer team, training centers, wider stadiums and infrastructure, the fans’ experiences and communities supported by the club,” he explained. The Qatari bid for United would wipe out all the club’s debts, which still stand at £515m net following the Glazer family’s leveraged buyout in 2005 of £790m, funded with borrowed money.