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PSG president Nasser Al-Khelaifi playing significant role in Manchester United takeover bid

Nasser Al-Khelaifi has been contacted by the Glazers in an attempt to persuade Sheikh Jassim bin Hamad al-Thani to increase his bid to buy Manchester United, reports The Athletic.

The bid team of the Qatar Islamic Bank chairman initially consulted the Paris Saint-Germain president for advice on the club’s valuation.

The Glazers indicated they wanted £6.4 billion for the Red Devils. The PSG boss has been acting in an advisory role for Sheikh Jassim’s bid.

He has met the Glazers and Raine Group to discuss the proposed takeover of Man United.

Sheikh Jassim tabled a fifth bid in the region of £5bn for 100% of the Red Devils to the Glazers earlier this week.

He told the owners he will engage until Friday but that the bid will stand after his deadline.

However, there will be no further negotiations having been left frustrated with how proceedings have gone.

In a new twist, a new report claims he will not end his interest in Man United if today’s deadline passes.

Al-Khelaifi’s involvement in the talks has raised eyebrows elsewhere in the Premier League as expected.

Many club owners are worried about the possibility of Man United coming under state ownership.

Despite being the son of Qatar’s former prime minister, Sheikh Jassim is bidding privately for the club.

He is funding the proposed acquisition of the Red Devils via his Nine Two Foundation and has insisted Qatar is not involved.

Manchester City and Newcastle United finished in the top four this term and are expected to challenge for major silverware going forward.

The two clubs are owned by Qatar and Saudi Arabia, and having Man United join them in that elite list will leave other clubs struggling to catch up with them.

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