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Manchester United takeover discussions not paused with Shiekh Jassim “confident”



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Credit: IMAGO / Pro Sports Images

Manchester United’s takeover discussions are currently taking place with ‘multiple parties’ still in the mix.

This is according to Mike Keegan of the Daily Mail, who has been at the forefront of breaking news regarding the Manchester United sale saga.

It is claimed that the Glazer family are negotiating with many parties for Erik ten Hag‘s club, with the view of either a partial investment or a full takeover happening – neither option has been ruled out.

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Those surrounding the bid from Qatari businessman Sheikh Jassim are still said to be confident “they will prevail” in their purchase of the club after his fifth bid was deemed to be the largest of any put forwards.

The bid, however, still did not reach the £6 billion that has been asked for.

The other major bidder, British billionaire Sir Jim Ratcliffe, has offered to buy either 51% or 69% of the club, with the former offer allowing Joel and Avram Glazer to keep their share while the latter would buy just their potion of the club and allow the 39% that is currently on the NYSE to remain.

Reports emerged yesterday that it was felt by some involved in the process that the discussions for the club had been “paused“, although this news contradicts this.

The sale process has now dragged on for nine long months, with no sign of when it, if ever, will eventually end.