United Bidder Sheikh Jassim’s ‘Nine Two Holdings’ becomes a UK company
Manchester United takeover bidder Sheikh Jassim’s Nine Two Holdings has become an official UK company.
Sheikh Jassim has been at the forefront of a Qatari-based bid to buy the Old Trafford club in recent months.
It is now a straight battle between Sheikh Jassim and Sir Jim Ratcliffe’s Ineos company to replace the Glazers, and after several rounds of bidding it appears a final decision on the takeover is imminent.
It was reported earlier this week that Sheikh Jassim’s bid had come out on top, and United legend Rio Ferdinand recently claimed that the Qatari’s offer would ‘go through’ after Sheikh Jassim made a dramatic late bid of £6m.
Speculation has only grown today after it was revealed that Nine Two Holdings is now listed as a UK company by Companies House.
Read Also:
Fans are now wondering whether this is a clear indicator that the Qatari bid has been successful.
However, Mail Sport understands that this development is not a sign of progress on the takeover.
The document confirming Nine Two Holdings is now a UK company is all part of the standard procedure for bidders to have everything in place should their offer be chosen.
The paperwork was also sent off months ago, before the Qataris upped their bid to £6m.
The takeover process has now stretched beyond six months, after the Glazers first announced their willingness to sell the club in November.
Fans have been growing frustrated with the ongoing saga, especially with the transfer window set to officially open in just over two weeks.
Erik ten Hag is looking to strengthen his squad after guiding them back into the Champions League in his first season in charge, but uncertainty over the takeover could affect the budget he is given by the club.
He had to settle for loan deals in January, bringing in Wout Weghorst from Burnley and Marcel Sabitzer from Bayern Munich.
The Dutchman will want to be given more freedom in the transfer market this summer, but with the club’s takeover still not complete it remains to be seen whether he will get his wish.
United are yet to get any deals over the line since the end of the season after having a £40m bid for Chelsea’s Mason Mount rejected.