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.
17.06.2023 - 19:01 / manchestereveningnews.co.uk
Manchester United fans are still patiently waiting for a formal update on the proposed sale of the club.
Supporters have been constantly checking their news feeds for an update from the Glazer family, who started the process seven months ago. Patience is now wearing thin after weeks of little movement.
Earlier this week a Reuters report suggested that Qatari banker Sheikh Jassim bin Hamad Al Thani was 'negotiating exclusivity' with the Glazer family, just over a week after lodging a new and improved offer. The Qatari wants to secure full control of the club, whereas his main rival, Sir Jim Ratcliffe, wants a majority stake.
That Reuters report was quickly disputed by other reputable outlets but share prices in the club rocketed regardless, as did excitement levels in some corners of United's fanbase. However, the situation is still no closer to being finalised and United are remaining silent on the whole saga.
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Here are the latest takeover rumours on Saturday evening:
The Times reports that Sir Jim Ratcliffe is in fact winning the takeover race, despite speculation suggesting Sheikh Jassim is the frontrunner. It says the INEOS billionaire has submitted a bid worth close to £6billion, the valuation the Glazers are supposedly after.
It adds that the Glazers are 'close' to announcing a new bidder. Earlier this week, reports claimed that Sheikh Jassim's party were negotiating for exclusivity.
United's hands may be tied when it comes to keeping David de Gea this summer, depending on how the takeover race ends. Erik ten Hag is apparently set to be given £120m this summer, although this could increase by £50m if Sheikh Jassim wins the
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.
Ex-United forward says takeover won't solve everything
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.
Here are your Manchester United morning headlines for Wednesday, June 28.
Manchester United’s share price dipped to $21.82 on Monday, the lowest in a week, before rebounding again.
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 supporters' group The 1958 has announced plans to protest against the Glazers amid ongoing frustration regarding a prospective takeover of the club.
Manchester United fans have hijacked an Instagram post of Sheikh Jassim bin Hamad Al Thani with his family amid the ongoing takeover saga.
The Glazers are still mulling over how the Manchester United takeover process will conclude with Sheikh Jassim and Sir Jim Ratcliffe awaiting a response.
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 fans were left shocked on Monday evening after reports from Qatar suggested that Sheikh Jassim's bid had been successful and the takeover of their club by the banker would be announced 'soon'.