Featured Image Credit: Getty
Topics: Manchester United, Football
Nasir Jabbar
Manchester United will be taken OFF the market by the Glazers after bidders have failed to reach their asking price, according to stunning reports.
The Glazers are holding out for a mammoth £10 billion to part ways with Man United, according to The Daily Mail.
A source said: "The Glazers are thick-skinned and won’t be influenced by any negative fan reactions."
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The club's American owners have received offers throughout a protracted negotiating period, with Sheikh Jassim and Sir Jim Ratcliffe only emerging as the two serious bidders.
The Qatari banker wants to purchase the whole club while the British billionaire's offer would leave the Glazers with a minority interest.
Sources close to the situation claim the two bidders have been left frustrated as to the current owners' stance, making multiple rounds of offers and being given no indication of where they stood in terms of completing a deal to purchase Man United.
The source continues by claiming the reasoning behind the Glazers taking Man United off the market now is that they will try to sell the club again in 2025.
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They hope financial and 'environmental' factors may attract more bidders and a bigger offer.
The Glazers are hoping for a higher price thanks to an uplift in TV rights revenues, per the report.
Not to mention the expansion of the FIFA's Club World Cup to 32 teams from 2025 and the 2026 World Cup, which will be hosted in the USA.
The Glazers have set their sights on a valuation of £7 billion-£10 billion and hope the next World Cup will heighten the interest of American billionaires in football investments.