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Man Utd bidders 'have concerns' over sale prospects as journalist makes Glazer asking price claim

Home> Football> Football News> Man Utd

Updated 19:02 19 Jul 2023 GMT+1Published 18:31 19 Jul 2023 GMT+1

Man Utd bidders 'have concerns' over sale prospects as journalist makes Glazer asking price claim

There are fresh concerns.

Ryan Smart

Ryan Smart

Bidders involved in the Manchester United takeover process have developed fresh concerns over the prospect of a sale, according to a journalist.

The process has been ongoing since November, when the club's board announced it would undertake a 'strategic review' in order to find alternative methods of investment into United.

A full or partial sale was not ruled out as part of the process, and US merchant bank Raine Group were enlisted to oversee negotiations.

Offers have arrived from a number of bidders, including Qatari businessman Sheikh Jassim - through his Nine Two Foundation - and British billionaire Sir Jim Ratcliffe.

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But with time running out until the beginning of the season, a sale is yet to be completed - and a new report from the Daily Mail's Mike Keegan casts fresh doubt over the prospect of the club being transferred to new hands.

Man Utd bidders 'have concerns' over sale prospects

Keegan claims there there now 'concerns among those involved' in the process over whether the Glazers will ultimately decide to sell the club.

Others, meanwhile, are said to believe that the process has been paused, while there may be a possibility that the process lasts until winter.

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It is claimed that the bids submitted by both Sheikh Jassim and the joint offer of Ratcliffe and INEOS fall short of the asking price the Glazers have set, which is said to be £6 billion.

And the Glazers are set to be in charge at the beginning of the Premier League season, which kicks off on August 14.

Despite the takeover uncertainty, United have still been able to spend in the transfer market.

They signed Mason Mount from Chelsea for £55 million earlier this summer, and have agreed a £47.2 million fee with Inter Milan for goalkeeper Andre Onana.

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They are also interested in signing Atalanta wonderkid Rasmus Hojlund, who is valued at €70 million by the Italian club, but have yet to launch an official bid for the forward.

Featured Image Credit: Getty

Topics: Manchester United, Premier League

Ryan Smart
Ryan Smart

Live in constant hope of the top flight as a Preston North End fan. Written in the past for SPORF, GiveMeSport and more.

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