Manchester United could become the latest big British name to be snapped up by Qatari investor.
Manchester United takeover news: Emir of Qatar '£4bn bid', Elon Musk claim and soft deadline
14.02.2023 - 17:53 / manchestereveningnews.co.uk
Manchester United's takeover saga took another twist on Monday with reports that US billionaire Elon Musk has joined the race to buy the club.
The Twitter and Tesla owner is reportedly weighing up an offer in what could be a big week off the pitch for United with the 'soft' deadline for takeover bids from interested parties on Friday. Raine Group could potentially receive offers to purchase the club from as many as 'five serious bidders' by the end of the week, with Sir Jim Ratcliffe also among the interested parties.
That said, both Avram and Joel Glazer are also exploring the possibility of buying out their four siblings on the club board as they remain keen in the running of the club. With a matter of days remaining for interest to be formally registered, here is a look at some of the latest developments on the situation and who the expected bidders are at this stage of the process.
READ MORE: United new owners know easy way to win over fans
Emir of Qatar 'set to make £4bn bid'
The emir of Qatar, Sheikh Tamim bin Hamad al-Thani, is set to make a bid in excess of £4bn ahead of Friday's 'soft' deadline. That is according to the Guardian, who also claim those spearheading the bid will not go beyond £4.5bn despite the Glazers' asking price of £6bn.
Musk 'joins race' as net worth revealed
Musk is now reportedly among the interested parties ready to make a bid for Manchester United.
That is according to the Daily Mail, who claim the Tesla and Twitter owner is weighing up whether the opportunity at Old Trafford is too good to pass up. The Glazer family put United up for sale in November and a 'soft' deadline has been put in place for Friday for interested parties to make an offer by the Raine Group.
Musk is said to
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Potential Qatari investors have already got what they want without even buying Manchester United
Where to even begin?
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