News
Revealed: Man United staff preferred bidder out of Sir Jim Ratcliffe & Sheikh Jassim
Sheikh Jassim and Sir Jim Ratcliffe have been battling for ownership of Manchester United since February.
The pair both announced their individual statements of intent to purchase the Old Trafford club four months after it was revealed that the Glazer family were looking to “explore strategic alternatives”, which included a takeover.
Many bids from the British billionaire and the Qatar-side have come in since then. Currently, there is still no resolution.
Developments in relation to the takeover process have stalled. It was reported that a conclusion has been reached, yet that was rebuffed by various other reports.
However, Sky Sports published an update on proceeding on Wednesday evening.
Reporter Kaveh Solhekol stated that Sheikh Jassim, who tabled a £5 billion bid for United in June, still wants to buy the club and that his offer is still on the table.
Although, it was added that sources close to the Qatari bid believe the process has stalled amid concerns the Glazer family are unsure whether they want to sell.
Sheikh Jassim’s offer is for 100% ownership of the club. He has made five bids in total, with his latest being labelled as a ‘take it or leave it’ final bid. Whether that proves to be the case is unknown.
Meanwhile, Sir Jim Ratcliffe has made an offer to buy 69% of the club in a phased takeover, which would leave members of the Glazer family in place at first.
According to the aforementioned report, within the club, senior figures in the football department are in the dark about the takeover – with the Qatari bid having support with the club.
This comes following an image of an Old Trafford employee handing out Glazers Out protest flyers whilst working.
The 1958, an underground group of United fans against the American ownership, are planning a 60-minute sit-in following the home game against Nottingham Forest on the weekend.
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