Qatar's Al Thani submits new €5.6bn bid for Manchester United

Prospective bidders have been given extra time to make their offers to buy Manchester United.

Eoghan Moloney and Reuters

Sheikh Jassim bin Hamad Al Thani has submitted a new bid to buy Manchester United which is believed to be worth around £5bn (€5.6bn), Sky News reported on Saturday.

Sheikh Jassim, a son of Qatar’s former prime minister, launched the bid in February. A spokesperson representing Sheikh Jassim said at the time that the bid was completely debt free, via Sheikh Jassim's Nine Two Foundation.

Finnish entrepreneur Thomas Zilliacus also placed a bid on Thursday and told Reuters that he was willing to pay a premium for the English soccer club.

United's current owners, the Glazer family, began looking at options for the record 20-times English champions in November, including new investment or a potential sale, 17 years after they bought the Old Trafford club.

Manchester United did not immediately respond to a Reuters request for comment.