A member of the Qatari royal family has submitted an offer to acquire Manchester United Plc, formally starting the bidding process for the English football giant. Jassim bin Hamad bin Jaber Al Thani, the chairman of Qatar Islamic Bank and son of the country’s former prime minister, confirmed his bid to acquire the English Premier League club in an emailed statement Friday. The Qataris’ opening offer could value Manchester United, currently owned by the US Glazer family, at about £5 billion ($6 billion), Bloomberg News reported earlier. “The bid plans to return the club to its former glories both on and off the pitch, ... (full story)