Glazers: The takeover of Manchester United is approaching.
Before this weekend’s Premier League games, Man United’s takeover is almost in place. Prior to this weekend’s Premier League games, the Glazers’ attempt to sell Manchester United is still very much in doubt.
If the American owners decide a complete sale is necessary as a result of their strategic review, two bidders have established themselves as the favorites to buy the club. Sir Jim Ratcliffe and Sheikh Jassim bin Hamad Al-Thani have both put forth offers of about £5 billion, but it is believed that the Glazers are looking for something closer to £6 billion.
The Glazers should leave the club and sell their holdings, according to the majority of fans. However, there isn’t a simple answer to the sale process, as the takeover headlines below imply. Neville explains why the takeover by Qatar will be subject to more scrutiny.
If United were sold to Sheikh Jassim, according to former captain Gary Neville, there would be more scrutiny than there would be for either Manchester City or Newcastle United. One of the top contenders to buy the club from the Glazer family is the Qatari banker, who is also vying for the attention of British billionaire Ratcliffe. In February, he submitted his first bid, and he hasn’t left the race since.
However, there have been no significant developments since June, when Sheikh Jassim submitted his fifth offer to purchase the club, and the likelihood of a takeover at Old Trafford has stalled in recent months. The Glazers may be thinking about abandoning a potential sale, according to recent rumors. The Liverpool decision gave United a takeover warning.
For club supporters, the United takeover process has been, to put it mildly, frustrating. Since the Glazers announced a strategic review of their ownership in November, the Reds’ fanbase has been waiting for information on their future at the team. Unfortunately, no transparency has been provided regarding any potential deal, and United is still waiting for progress reports.
In their initial statement, the American family stated that all sale options, including a full takeover of the club, remained on the table. Sheikh Jassim and Ratcliffe expressed interest in this assertion. The red of the city’s famous red rose is the same color as United’s Adidas home jersey, which also has a black collar. Adding a touch of red and white to the collar gives it a sleek, contemporary appearance.
Costs begin at £55 per item. Brazilian winger Antony, who will begin training at Premier League club Manchester United’s practice facility, has been declared available for selection for the team’s upcoming match. Premier League player Antony in action for Manchester United.
Photo courtesy of Reuters. Brazilian winger Antony has started training at Premier League club Manchester United’s Carrington practice facility and will be available for selection starting with the following game. .
Leave a Reply