Sheikh Jassim makes mind up on matching Sir Jim’s new Man Utd takeover approach
Man Utd train ahead of Galatasaray
Manchester United takeover hopeful Sheikh Jassim bin Hamad Al Thani has no plans to restructure his proposal, according to reports. That’s despite rival bidder Sir Jim Ratcliffe weighing up whether to approach the Glazers with a new offer, which would keep the American billionaire owners at Old Trafford in a majority capacity.
Sheikh Jassim and Sir Jim remain in the hunt to buy the Red Devils, nearly 11 months on from the Glazers announcing that strategic alternatives were officially under consideration.
The prominent Qatari banker and the British petrochemicals billionaire have each put forward different deals to United’s owners. Sir Jim initially proposed to acquire a majority shareholding while retaining the Glazers in a minority role.
However, amid concerns over how that would impact other shareholders, recent reports indicate that the INEOS chief has been in discussions with his advisers over how best to spur takeover discussions back into life.
Don’t miss… Chelsea in fresh VAR row as new Pochettino partnership blossoms in Fulham win
Now, Sir Jim is reportedly weighing up whether to bid for a minority stake, risking the wrath of United fans, who are almost unanimously desperate to see the back of the Glazers after 18 years of ownership.
According to Sky Sports, Sheikh Jassim has no plans to do the same, as the Qatari ‘remains committed’ to purchasing 100 per cent of the club. His proposal poses fewer complications than that of Sir Jim, but Glazer brothers Joel and Avram are believed to be reluctant to surrender United completely.
We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info
Read more…
Jamie Carragher tells Chelsea to axe two new signings in brutal reality check[ANALYSIS]
Man City legend and ex-chairman Francis Lee dies at 79 after cancer battle[LATEST]
Man Utd boss Erik ten Hag ‘loved’ what Benni McCarthy did with Garnacho and Amad[INTERVIEW]
The American family’s £6billion price tag is yet to be met in any case, with the latest proposals lodged by Sir Jim and Sheikh Jassim each valuing United at £5bn. United fans have staged protests at regular intervals in an attempt to speed the process along.
With uncertainty persisting behind the scenes, the Red Devils have endured a tumultuous start to the season, losing four of their first seven Premier League games to put manager Erik ten Hag under pressure.
Crystal Palace took all three points from Old Trafford on Saturday afternoon, with Joachim Andersen’s first-half strike sealing a shock 1-0 win for the Londoners.
United sit a lowly 10th in the Premier League table heading into their European clash against Galatasaray on Tuesday night. Ten Hag and co are sorely in need of a result after losing to Bayern Munich in their group stage opener last month.
Source: Read Full Article