sportbible homepage
sportbible homepage
  • Home
  • Football
    • Premier League
    • Champions League
    • World Cup
    • England
    • Transfer News
    • Manchester United
    • Liverpool
    • Arsenal
    • Real Madrid
    • Barcelona
  • Formula 1
    • Red Bull
    • Ferrari
    • McLaren
    • Mercedes
    • Max Verstappen
    • Lewis Hamilton
    • Lando Norris
    • George Russell
    • Charles Leclerc
  • Boxing
  • UFC
  • More Sport
    • Tennis
    • Golf
    • NBA
    • NFL
    • Darts
    • Athletics
    • Rugby
    • Wrestling
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
Threads
YouTube
Submit Your Content Here
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • LADbible
  • Tyla
  • FOODbible
  • UNILAD Tech
Financial report drops Man Utd takeover update with bidder 'confident' offer has been successful
Home>Football>Football News>Man Utd
Updated 15:26 18 Jul 2023 GMT+1Published 15:24 18 Jul 2023 GMT+1

Financial report drops Man Utd takeover update with bidder 'confident' offer has been successful

One bidder is confident.

Chris Byfield

Chris Byfield

google discoverFollow us on Google Discover

One of the Manchester United bidders is “confident” their takeover attempt will be successful.

The Old Trafford club have been up for sale since last November when the Glazer family announced they would be “exploring strategic alternatives” with a full sale among the possible outcomes.

Since then there have been three rounds of bidding for United, with petrochemicals billionaire Sir Jim Ratcliffe and Qatari banker Sheikh Jassim emerging as the most likely candidates to become the club’s majority shareholder.

Ratcliffe is looking to keep the Glazer family on board with a reduced 20 per cent stake, while Sheikh Jassim has made a bid for a 100 per cent takeover of the club.

Advert

It has initially been hoped that the situation would be resolved in the early part of this year, while it seemed unthinkable in November that question marks regarding United's ownership would exist beyond the 2022/23 campaign.

Indeed, it has been widely reported members of the Glazer family are butting heads over whether they should accept a full sale.

Sheikh Jassim confident of Man Utd takeover success

Despite delays in the Glazers coming to a decision, Bloomberg claimed in a financial report that the Qatari group is “confident it’s the favourite” in the race to buy United.

Yet whichever party’s bid is successful, their immediate plans will have been compromised by the delay.

Indeed, prominent journalist Ben Jacobs told GIVEMESPORT that even if a deal is finalised with Ratcliffe or Sheikh Jassim, they will not have “any influence” until the summer transfer window is about to close.

“The good news for Manchester United is that they have been able to move in the transfer market, which was always the case regardless of any prospective new owner,” Jacobs said.

“But the bad news for Manchester United, in terms of the long-term clarity, is that the window could potentially close or be very close to closing before any prospective new owner – should they come in – has any influence.”

Featured Image Credit: Getty/PA

Topics: Football, Manchester United, Premier League

Chris Byfield
Chris Byfield

Sport journalist with experience writing on football, rugby, boxing and the Olympics. I'm also a Crystal Palace fan. Please don't hold this against me.

Recommended reads

Tommy Fury disagrees with Tyson's 'no choice' claim as he reveals why he doesn't want his children to boxGetty ImagesEddie Hall confirms retirement decision as ideal next opponent named ahead of Tommy Fury fightGetty Images'I wanted to give back to the sport that gave me everything' - Ashley Cole is finding himself in first manager jobGettyAn interview with Ben Stokes: 'English cricket doesn't lack talent... there are quite a few names'Getty Images

Advert

Choose your content:

3 hours ago
6 hours ago
7 hours ago
  • Getty Images
    3 hours ago

    FIFA force second nation to alter their kit just days before their opening World Cup match

    FIFA have told a second nation to alter their kit just days before their World Cup opener.

    Football
  • Getty Images
    6 hours ago

    Harry Kane left red-faced after embarrassing wardrobe malfunction shared on social media

    The England star will hope for better luck on the pitch at the 2026 World Cup.

    Football
  • Getty Images
    6 hours ago

    Ghana's government slam 'unfair decision' after Thomas Partey denied entry to Canada before World Cup match

    The Ghana midfielder was denied entry into Canada on Friday (June 12).

    Football
  • Getty Images
    7 hours ago

    Arsenal interested in Thierry Henry-approved World Cup star dubbed 'one of best midfielders' in Europe

    Mikel Arteta is looking to bolster Arsenal's squad ahead of the 2026/27 Premier League campaign.

    Football
  • Man Utd target Andre Onana 'likes' Rasmus Hojlund transfer post on Instagram
  • "Major boost for Qatari offer..." - Journalist drops significant Man Utd takeover update
  • "I've been told..." - Sky Sports reporter drops Man Utd takeover update as "circus" claim made
  • "Insiders are adamant..." - Journalist drops intriguing update on Man Utd takeover battle