{"id":465795,"date":"2023-10-14T14:48:46","date_gmt":"2023-10-14T18:48:46","guid":{"rendered":"https:\/\/7sport.net\/en\/?post_type=news&#038;p=465795"},"modified":"2023-10-14T14:34:10","modified_gmt":"2023-10-14T18:34:10","slug":"sheikh-jassim-withdraws-from-negotiations-for-manchester-united","status":"publish","type":"news","link":"https:\/\/7sport.net\/en\/news\/sheikh-jassim-withdraws-from-negotiations-for-manchester-united\/","title":{"rendered":"Sheikh Jassim withdraws from negotiations for Manchester United"},"content":{"rendered":"<p>Sheikh Jassim has informed the Glazers that he\u2019s ready to withdraw from the process of buying Manchester United after his latest proposal was rejected, Fabrizio Romano reports on Saturday.<\/p>\n<p>According to the journalist, Sheikh Jassim has presented fully cash bid, clearing all old debt, with zero new debt, for 100% of the Club, but it was rejected by Glazers and he decided to put an end to his negotiations with United&#8217;s owners.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\udea8 Exclusive story on <a href=\"https:\/\/twitter.com\/hashtag\/MUFC?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#MUFC<\/a> takeover.<\/p>\n<p>\u25c9 Glazers informed of Sheikh Jassim decision \u2014 he has WITHDRAWN from the process.<\/p>\n<p>\u25c9 Final bid understood to be almost double than $3.5B market valuation.<\/p>\n<p>\u25c9 $1.5B extra investment was planned.<\/p>\n<p>\ud83c\uddf6\ud83c\udde6 All details: <a href=\"https:\/\/t.co\/1bJDyEEq0g\" target=\"_blank\">https:\/\/t.co\/1bJDyEEq0g<\/a> <a href=\"https:\/\/t.co\/fgxb41cyrr\" target=\"_blank\">pic.twitter.com\/fgxb41cyrr<\/a><\/p>\n<p>\u2014 Fabrizio Romano (@FabrizioRomano) <a href=\"https:\/\/twitter.com\/FabrizioRomano\/status\/1713242773296447495?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 14, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nRumors say that his offer was almost double than $3.5 billion market valuation &#8211; around 7 billion dollars. He also intended to add an obligation for $1.5 billion extra investment in the club in the future. Sheikh Jassim&#8217;s refusal to continue talks for United leave the club with no active bidders as Sir Jim Ratcliffe also decided to withdraw from negotiations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sheikh Jassim has informed the Glazers that he\u2019s ready to withdraw from the process of buying Manchester United after his latest proposal was [&hellip;]<\/p>\n","protected":false},"author":137,"featured_media":465802,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false},"tags":[16789],"news_category":[136,14235,16715],"gn_keywords":[17559],"acf":{"announce":"He was ready to pay double the market evaluation for the club","video":[]},"rank_math_focus_keyword":"","rank_math_description":"","rank_math_title":"","rank_math_robots":"","rank_math_canonical_url":"","rank_math_facebook_title":"","rank_math_facebook_description":"","rank_math_facebook_image":"","rank_math_twitter_title":"","rank_math_twitter_description":"","rank_math_twitter_image":"","rank_math_snippet_shortcode":"","rank_math_primary_category":"","rankmath_seo":{"focus_keyword":"","description":"","title":"","canonical_url":"","robots":"","facebook":{"title":"","description":"","image":""},"twitter":{"title":"","description":"","image":""}},"_links":{"self":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/465795"}],"collection":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/users\/137"}],"replies":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/comments?post=465795"}],"version-history":[{"count":2,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/465795\/revisions"}],"predecessor-version":[{"id":465804,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/465795\/revisions\/465804"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media\/465802"}],"wp:attachment":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media?parent=465795"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/tags?post=465795"},{"taxonomy":"news_category","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news_category?post=465795"},{"taxonomy":"gn_keywords","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/gn_keywords?post=465795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}