Sheikh Jassim Bin Hamad J.J. Al Thani didn’t even have a Wikipedia entry until late Friday night, around an hour after he issued a press release announcing his multi-billion-pound bid for Manchester United.
The third son of Qatar’s former prime minister Hamad bin Jassim bin Jaber Al Thani, the royal family member has become the face of what some see as the leading bid for the renowned football club, and has hired Bank of America Corp. as one of the advisers.
On Friday evening, Sheikh Jassim fired the first shot in what could become one of the year’s most high-profile bidding wars, potentially culminating in a record price paid for a sports asset. Jim Ratcliffe, one of Britain’s richest people with a fortune also made from natural resources, is bidding for a majority stake in Manchester United, with hedge fund Elliott Investment Management LP also emerging as willing to provide financing.
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