Manchester United's takeover process continues to rumble on with no end date in sight.
24.06.2023 - 21:19 / manchestereveningnews.co.uk
The Glazers are still mulling over how the Manchester United takeover process will conclude with Sheikh Jassim and Sir Jim Ratcliffe awaiting a response.
The saga is now into its seventh month with fans receiving no official update since November’s announcement that the board was looking into “strategic alternatives” for the club.
Both offers are said to be below the £6billion valuation wanted by the Glazers, who may yet decide not to sell. Sheikh Jassim wishes to buy 100 per cent of the club while Sit Jim Ratcliffe wishes a majority takeover.
Reports suggest Ratcliffe has offered to keep Avram and Joel Glazer on as minority shareholders, a move that would be hugely unpopular among the United fanbase. Meanwhile, Sheikh Jassim has promised to clear the club’s debt and upgrade facilities.
ALSO READ: United list two players as must-sells this summer
MEN Sport delivers the latest updates and rumours regarding the takeover process below.
Sheikh Jassim 'could sack three United officials' upon takeover
Sheikh Jassim could replace a number of the United hierarchy if he wins the takeover race, according to The Express. The Qatari banker may wish to replace a number of current officials with people whom he trusts, it suggests.
The article moots that the jobs of CEO Richard Arnold and Director of Football John Murtough could be on the line, as could technical director Darren Fletcher's.
Murtough is thought to have a good relationship with Erik ten Hag regarding transfers while Sheikh Jassim's reported eagerness to involve club legends means Fletcher's dismissal would be puzzling.
Sheikh Jassim wishes to complete a full-scale takeover of the club, which could mean structural changes. The Guardian reported earlier this month that
Manchester United's takeover process continues to rumble on with no end date in sight.
Here are your Manchester United evening headlines for Friday, 7 July.
Manchester United's takeover was rumoured to be concluding at the beginning of this week.
Manchester United fans continue to wait for the club's takeover to be finalised.
Manchester United are busy working away in the transfer market looking ahead to next season but in the background the club's takeover saga continues to rumble on.
INEOS founder and Britain's richest man Sir Jim Ratcliffe has admitted negotiating with all of the Glazer siblings during the Manchester United takeover is difficult in extracts leaked from a new book.
Manchester United fans have been warned both prospective new owners will bring moral baggage to the table should either conclude a deal for the club.
Former Manchester United captain Patrice Evra has called on the Glazers to decide on their preferred takeover bidder before the start of the 2023/24 season.
It's been more than seven months since Manchester United owners the Glazers announced plans to 'explore strategic alternatives' for investment, paving the way for a protracted takeover process which still seems some way from completion.
Manchester United fans have hijacked an Instagram post of Sheikh Jassim bin Hamad Al Thani with his family amid the ongoing takeover saga.
Former Manchester United striker Louis Saha has urged the Glazers to make a quick decision on the takeover after admitting Sheikh Jassim bin Hamad Al Thani's bid was 'exciting'.
Manchester United's protracted takeover continues to rumble on and has reached its eighth month following the Glazers' announcement to "explore strategic alternatives for the club" back in November.
The Manchester United takeover saga continues to rumble on with seemingly no end in sight.
Tomorrow marks exactly seven months to the day since the Glazer family put Manchester United up for sale and we are still no closer to reaching an outcome.
Manchester United's takeover saga continues to rumble on as this week with supporters still in the dark about where the ownership situation stands.
Manchester United midfielder Fred may feel uneasy at the prospect of Sir Jim Ratcliffe becoming the club's next owner.
It is almost seven months since the Glazer family announced plans to either sell Manchester United or welcome fresh investment. The saga remains ongoing and supporters' patience is beginning to wear increasingly thin.
Manchester United's takeover process is reportedly nearing its conclusion as Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe battle it out for ownership of the club.
Brendan Rodgers has already warned Manchester United they could become Sheikh Jassim's "plaything" should his takeover bid for the club should prove successful.
Manchester United's takeover saga continues to be shrouded in confusion following claims Sheikh Jassim bin Hamad al-Thani has been granted exclusivity in the negotiations to take over.