The ongoing Manchester United takeover saga continues as Sheikh Jassim awaits a final response from the Glazer family regarding his “premium” offer to purchase the club. Despite submitting a substantial bid in May, Sheikh Jassim is yet to receive a definitive answer from the Glazers, whose stance on selling the club appears to be wavering.
Sheikh Jassim, along with Sir Jim Ratcliffe’s Ineos Group, presented offers exceeding £5 billion earlier this year. However, sources suggest that neither party has received a formal response from the Glazers, who seem to be growing hesitant about parting ways with Manchester United. While the Sheikh’s “premium” bid remains on the table, the Glazer family remains undecided on selling the club.
Reports from the Manchester Evening News indicate a sense of apprehension surrounding the possibility that the Glazers might ultimately opt against selling the iconic football club. Those close to Sheikh Jassim’s side of the negotiation stress that the next steps depend on the sellers’ decision, leaving them in a waiting game for now.
The process of the potential takeover and sale of Manchester United appears to have hit a sluggish phase, with concerns growing about the lack of significant progress nearly nine months after the announcement of a strategic review of the club’s ownership.
Sources suggest that discord among the Glazer siblings arose when the decision to put Manchester United on the market was made in November of the previous year. Presently, there still seems to be no unanimous consensus among the Glazer family members on the future course of action for the football club.
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