Sheikh Jassim has pulled out of the race to buy Manchester United.
"Sheikh Jassim and his team are not commenting officially but have informed the Glazers and Raine that they have withdrawn from the process.
"Negotiations have taken place in recent days and feeling is that the Glazers' valuation of the club is unrealistic."Reports claim the British billionaire is ready to drastically alter his offer for United, potentially allowing the Glazers to remain in control of the club.claim Ratcliffe is considering buying some of the Glazers' shares floated on the New York Stock Exchange , giving him a 25 per cent stake in United.
"It is thought that Jassim made an increased bid in the last few weeks but again failed to meet the Glazers' valuation," read Keegan's report. "That offer was thought to be around £5.5bn but still short of the £6bn the Americans are thought to want."His report went on to claim that Sheikh Jassim 'held further and final discussions and negotiations over the last few days' which proved unsuccessful.
"The Qatari believed he would have been the 'dream owner' according to those with knowledge of the situation, and is saddened by how it has played out," added his report.
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