Sheikh Jassim, a prominent figure in the potential Manchester United takeover, is reportedly growing increasingly frustrated with the sluggish pace of the acquisition process and has raised doubts about the Glazer family’s seriousness regarding the sale. The Guardian reports that despite submitting his fifth offer for the club at the beginning of June, Sheikh Jassim has yet to receive a response. The Qatari, who is the son of the former Prime Minister of Qatar, has expressed interest in acquiring 100% ownership of the club, setting him apart from INEOS CEO Sir Jim Ratcliffe, who is seeking a majority stake in the Red Devils.
Sheikh Jassim’s most recent offer, rumored to be around £6 billion, was described as a “take-it-or-leave-it” proposition after the Raine Group’s final bid deadline. However, there has been no definitive response from the Glazer family, leaving the potential buyer and fans alike frustrated by the lack of progress in the takeover process.
Manchester United supporters have become increasingly discontented with the Glazers’ handling of the sale, leading to mass demonstrations. Prior to the team’s 1-0 victory over Aston Villa on April 30, fans expressed their anger towards the owners. Additionally, members of The 1958 group organized a demonstration outside Old Trafford last month, coinciding with the launch of the club’s new kit.
Now, it appears that not only the fans but also the prospective bidders themselves are growing frustrated with the lack of transparency surrounding the potential takeover. The Glazer family had announced their exploration of strategic alternatives, including outside investment or a complete sale of the club, in November of the previous year. However, eight months later, the future of Manchester United’s ownership remains unclear, leaving all parties involved in the bidding process seeking much-needed clarity and progress.
Similar Posts:
- Sheikh Jassim Awaits Response from Glazers on Premium Offer for Manchester United Takeover
- Sheikh Jassim’s Takeover of Manchester United Receives Boost as Glazer Family Shows Support
- Manchester United Bidder Sheikh Jassim Al Thani Warns of Possible Withdrawal from Takeover Talks
- Sheikh Jassim Growing Confident in Bid to Become Majority Stakeholder of Manchester United
- INEOS Chief Provides Update on Manchester United Takeover Amid Sheikh Jassim’s Bid
