Sheik Jassim still want to buy Manchester United for V£5billion. But people are worried the Glazer family won’t agree to use.
Sheikh Jassim attempt to buy Man United five times. On June 7, he presented his final debt-free offer to purchase the entire club. Those familiar with the situation believe that concerns about the Glazer Family’s willingness to sell have caused the process to stall.
However, insiders connected to Qatari bid think that the process has slowed down because they are worried that the Glazer family is uncertain about selling the club.
British billionaire Jim Ratcliffe has submitted competing offers to gradually purchase 69 % of the club, which is currently owned by the Glazer family.
Sheik Jassim’s team responsible for the bid is aware of the reports suggesting his proximity to acquiring Manchester United. However, from his perspective, the situation remains unchanged.
Sheikh Jassim is determined to stay in the picture, but in the end, the decision to sell the club rest with the Glazers.
As the process continues, the bidders face increasing cost for expenses such as banker fees, advisors and lawyers. Despite this, the bidders are prepared to act swiftly in the Glazers choose to sell.
Regarding transfers, the Qatari bid has never revealed any specific target or discussed possible signings. Their intentions has been solely dedicated to acquiring Manchester United.
Nevertheless, the transfer window would have presented a distinct scenario for United if the club had akready been sold. This possible remain open for future.
Sheiks Jassim is determine to clearing United’s debts and investing in various aspects, including infrastructures, for both men’s and women’s team’s and the academy.
People in important roles within United’s football department are currently uninformed about the progress of the take over.
They want the takeover process to end quickly. Many at the club are supportive of the Qatari bid.
Many people involved in the process think that not all member of the Glazer family are fully committed to selling the club. The Glazer family owns United, but they don’t all agree on the same thing.
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Reports suggest that , Qataris might be nearing a purchase of Manchester United. If that’s true, they would be very happy. However, from this viewpoint, things remain the same. They’re ready to buy, but they’re unsure if the Glazers are ready to sell. For a deal to happen, both buyer and seller are needed.
The Glazers are looking for the right price to consider selling, it’s widely believed they’re aiming for at least 6billion. While the bidders are willing to pay a premium for a prized asset like United, they won’t agree to an unreasonable valuation.
Sir Jim Ratcliffe has submitted multiple bids for 69 % ownership of Manchester United currently held by the Glazer family. His approach involve a phased takeover, potentially posing challenges due to other shareholders on the New York Stock Exchange.
The Glazer family hasn’t explicitly expressed their intention to sell Manchester United. While they indicated interest in new investment last November, a definitive decision to exit hasn’t been made. Selling a minority stake to fund Old Trafford’s renovation remains an option.
Manchester United fans are growing impatient with the prolonged takeover process. Hopes for a resolution before the transfer window or season start have been dashed. Fans are disappointed, but the Glazers, as owner, retain the final say on the club’s future.
