Billionaire David Blitzer, co-founder of Harris Blitzer Sports & Entertainment, is conducting due diligence on Royal Challengers Bengaluru and Rajasthan Royals.
Industry experts believe that this deal will positively impact the Indian film industry, which is struggling with fewer movie releases.
In addition to offering a figure to buy the English Premier League soccer club, Sheikh Jassim's proposal also includes a plan for a further significant amount of additional capital and infrastructure investment, the source told Reuters, requesting anonymity because the matter is confidential.
A deal for United is expected to shatter records for the sale of a sports business. The club's current majority owners, the Glazer family, are seeking a valuation as high as 7 billion pounds ($8.42 billion).
Williams and Hamilton have pledged an estimated 10 million pounds ($13.06 million) each to the bid.
Manchester United said on Tuesday it was commencing a process to explore strategic alternatives, including a new investment or a potential sale, 17 years after the American Glazer family bought the English Premier League soccer club.
The British Govt amended the Special License enabling Chelsea FC to sell tickets to select competitions to fans
Sources deny reports that the football club's Russian billionaire owner is selling the club
Their title defence having ended early with a whimper, Mumbai Indians will look to salvage some of their battered reputation with at least a win when they take on Sydney Sixers in an inconsequential Group B match of the Champions League Twenty20 in Durban on Monday.
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