Sheikh Jassim awaits final answer from Glazers on ‘premium’ offer for Man Utd
Potential Manchester United buyer Sheikh Jassim is reportedly still awaiting a response from the Glazers regarding his bid to buy the club.
Sheikh Jassim and Sir Jim Ratcliffe’s Ineos Group both submitted offers upwards of £5billion in May, but neither party is reportedly yet to hear back from the Glazers who are said to be getting cold feet about selling United.
The Sheikh’s ‘premium’ offer to buy the club still remains on the table but the Glazers are yet to commit to selling the club, with Joel and Avram Glazer reluctant to sell, whilst their siblings Bryan, Edward, Kevin and Darcie also sit on the United board.
According to the Manchester Evening News, they claim there’s ‘real concern’ that the Glazers may not sell United. And those close to Sheikh Jassim’s camp say ‘the next steps are up to the sellers and all we can do is wait.’
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Figures involved with the possible takeover and sale of the club are becoming weary regarding the process seeming to stall nine months after the strategic review of the club was announced.
It’s said that there was discord among the Glazer siblings when United was put on the market in November last year, and there is still no agreement among the siblings regarding what to do with the club.
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And this is understood to have angered the Raine Group, the investment banking firm who were hired by the Glazers, who believed they have been tasked with selling something that isn’t actually for sale.
United boss Erik ten Hag previously met with the Glazers in the US earlier in the summer to discuss the proposed takeover of the club which continues to drag on despite it initially thought a deal of such magnitude would take two to three months.
The Red Devils started the season with a drab and uninspiring 1-0 win against Wolves on the opening day, and any further arrivals at Old Trafford hang in the balance amid the uncertainty surrounding the clubs’ ownership.
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