Glazer Family May Extend Stay as Strategic Alternatives Unfold
The anticipated sale of Manchester United might encounter a delay of another year, as suggested in a recent report. Despite 11 months passing since the Glazer family, the current owners, announced their exploration of strategic alternatives for the club, potential buyers like Qatari banker Sheikh Jassim Bin Hamad Al Thani and British petrochemicals billionaire Sir Jim Ratcliffe have not secured ownership.
Amidst ongoing ‘Glazers out’ protests, super agent Jon Smith, a key figure in the creation of the Premier League, provided insights into the potential delay. In an exclusive column for CaughtOffside, Smith mentioned, “I think all eyes are on the Gulf to see what happens over the next 12 months as there could be a new and growing Super League coming out of the Gulf in some shape or form.”
Smith proposed that the Glazers might be considering the broader implications of a potential Gulf Super League on Manchester United’s value. “If that happens then Man United’s value will rise dramatically, so we may be in a negotiated hold pattern at present,” he stated.
The complex nature of the negotiations and the immense size of the deal contribute to the extended timeline. Smith expressed a belief that the Glazers might be assessing a more lucrative deal, speculating, “They’ve got arguably the biggest entity on planet football, and if the Qataris are going to pay £5 billion, maybe they’ll pay £10 billion.”
He concluded, “I think the takeover is going to complete in some shape or form; it’s just a question of when.” As Manchester United fans await clarity on the club’s ownership, the negotiation dynamics continue to evolve, with potential buyers and the Glazers navigating the intricate landscape of football’s financial and competitive future.
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- Qatari Banker Sheikh Jassim bin Hamad Al Thani Makes Final Bid to Acquire Manchester United
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