Qatari banker Sheikh Jassim Bin Hamad Al Thani has withdrawn his bid to buy Manchester United. The club has been exploring strategic alternatives for growth, including a full sale. Sheikh Jassim and British billionaire Jim Ratcliffe were front runners for the purchase, but the process has stalled despite fan anger towards the current owners, the Glazer family. The Glazers are reportedly holding out for a world record fee of over £6 billion. Sheikh Jassim's bid aimed to clear the club's debt, while Ratcliffe is willing to buy a smaller stake. Manchester United's performance on the field has also declined in recent years.
