"In that context, Sheikh Hamad’s words are notable. It is Sheikh Jassim’s attempt to buy United, but his father is viewed as being the person wealthy enough to supply the funds." The Athletic.
Correct. I meant to say that HBJ said he would be funding his sons* bid.
''So you're telling me there's a chance?''
Doesn't say anything we don't already know. Western sources like Bloomberg estimate his wealth at 1-2b. Even if they are off by 10x, are we really expecting him to hand over half of his money to his son? For an investment he disagrees with?
Seems like a great guy.
Yup, it can get confusing with all the bins this and bin that!
Jim Ratcliffe is easily among the 100 wealthiest individuals in the world (as per published lists and whatnot).
HBJ is the father though isn't he?
No, you’ve got it all wrong mate. Just a stag do prank, nothing to see here!Seems like a great guy.
https://www.theguardian.com/uk-news...plomatic-immunity-over-britons-torture-claims
(That’s not a blindfold either)Found Omni-Man's account
Even saying HBJ is independently wealthy I think misrepresents how things work in an absolute monarchy. Sure he doesn't hold any of the government offices he once did, and him and his kids aren't inline to have the crown, but they're just one branch removed. HBJ's influence inside and outside of the country is tied to the core branch and the Emir. He doesn't have several billion in assets outside of Qatar, or that would be more traceable and Forbes' estimate of his wealth would be higher than the $1.2B. If he were to have a total falling out with the Emir and had to live in exile (considering that he were to survive in the 1st place) he wouldn't have access to billions worth to make investments, be it football clubs or not. He'd live comfortably for sure, but not "I want to give my son $7B to buy a football club" comfortable.
Held in Abu Dhabi
Update in 2 hours.
Beyond Premier League lovin' Jassim, HBJ has 14 other kids to spoil, so its unlikley he would spunk most of his net worth on a shiny new toy for just one of his 15 offspring.
Who is HBK?
And ETH with a pedigree followed by the cr*tch chop for good measure.
He's just a sexy boy.
Well, Forbes/FT estimate his wealth at $1.2b USB. That's a lot of money, just not enough to buy United.
SHE’S A GOOD LISTENER!!?!
Forbes, pah, what do they know? This is Laurie Whitwell we’re talking about here.
Yeah, his wealth ultimately comes from state coffers. In other words, he's inextricably linked to the state.
I reckon it's just about possible that his dad is rich enough to do that, it's probably not possible that he's rich enough to do that for one of his children and still maintain his own wealth. I reckon his dad would need to be worth 40bn plus to be doing that, and that would mean estimates being off by a factor of 40.
The problem with those reports is that there's hardly any data available on ME royals, so those estimates are most likely way off the mark. Most of his assets are probably domestically tied where financial transparency is not very common.
Probably as much as Whitwell even if they are way more serious. Forbes operates with a set of criterias to judge net worth, the most important being stakes in private and public companies plus real estate and other smaller assets. Considering his assets are most likely tied to domestic investments where there's not much financial transparency, then Forbes would struggle to estimate a probable net worth.
Tbf, Forbes estimates for most billionaires come from their shares that they hold which is publicly available knowledge. For someone whos been paid by a secretive state and taken a cut from some of their deals or whatever, it's going to be harder to get an accurate accounting. Thst said I would seriously doubt he's rich enough to give one of his children enough to buy United but I also wouldn't imagine Forbes to be terribly accurate when accounting the wealth of someone when it isn't held in shares
They also obtained a lot of secret information from the Panama Papers leak.
The Forbes estimate is nonsense
Guy is clearly clueless. Who spends £200m on a Citroen? My old Picasso only cost me £200 quid.
Preparing bids.. they will fit right in at United
The journo in question who goes by the name Asli Pelit, is the outlet's sports reporter when it concerns sales/finances. Her title at the outlet is 'sports deals reporter'
Tweet
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Sportico reported that bid hours ago and nobody else has even mentioned it. If they broke earth shattering news you can bet Kaveh would have tweeted four different views on it by now
His dad and the state of Qatar are monitoring the situation and preparing a bid.
