• Football
  • Boxing
  • UFC
  • Home
  • Football
    • England
    • Transfer News
    • Premier League
    • Champions League
    • Lionel Messi
    • Cristiano Ronaldo
    • EA FC 25
    • Wrexham
  • Boxing
    • Tyson Fury
    • Anthony Joshua
    • Oleksandr Usyk
    • Mike Tyson
    • Jake Paul
    • Logan Paul
  • UFC
    • Dana White
    • Conor McGregor
    • Khabib Nurmagomedov
    • Jon Jones
    • Paddy Pimblett
    • Joe Rogan
  • Other Sport
    • Athletics
    • Formula 1
    • MMA
    • Motorsport
    • NBA
    • Darts
    • NFL
    • Snooker
    • Wrestling
    • Tennis
    • Cricket
    • Golf
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube
The Glazers are ‘ready to sell Man United with preferred bidder named’

Home> Football

Published 08:24 11 May 2023 GMT+1

The Glazers are ‘ready to sell Man United with preferred bidder named’

Manchester United were put on sale by The Glazer family in November 2022

Marcus Chan

Marcus Chan

Manchester United owners, the Glazer family, are reportedly ready to sell the club after confirming their preferred bidder.

Since November 2022, the Glazers have been exploring financial options as they put the Old Trafford club up for sale.

After three rounds of bidding, it was reported that the front runners were INEOS founder Sir Jim Ratcliffe and Qatar-based banker Sheikh Jassim bin Hamad al-Thani.

According to The Sun, US-based Raine Group, who are conducting the sale on behalf of the Glazers are set to confirm the ‘winning’ bid within the next few days.

The report claimed that Ratcliffe will be the Glazers’ preferred bidder ahead of Sheikh Jassim.

Advert

It is believed that if Ratcliffe manages to secure the club, Joel and Avram Glazer could be sticking around as the INEOS boss’ bid was only for a majority stake.

In comparison, Shiekh Jassim offered to buy the whole club from the Glazers.

Despite Shiekh Jassim’s bid being the highest sum, it is believed that Ratcliffe’s offer valued United at a price that is closer to the Glazers’ asking price of £6 billion.

Image
PA Images

Advert

Aside from Ratcliffe and Shiekh Jassim, it was reported that a few American financial firms have also offered to purchase a minority stake in the club which would allow the Glazers to remain in control whilst having the financial power to improve Old Trafford and the club’s training ground.

Image
Alamy

According to Sky News, Ratcliffe’s bid includes clauses that would see the Brit complete a full purchase of the Old Trafford club after just three years of taking control.

On the pitch, United are looking to secure Champions League football by finishing in the top four of the Premier League. Erik ten Hag also has the opportunity to win his second trophy as Red Devils boss as they take on Manchester City in the FA Cup final in June.

Featured Image Credit: Alamy

Topics: Manchester United, Football

Marcus Chan
Marcus Chan

Advert

Advert

Advert

Choose your content:

2 hours ago
11 hours ago
14 hours ago
  • Getty
    2 hours ago

    UEFA banned two Champions League officials for 'terrible' drunken mistake

    UEFA punished the pair of officials, who proceeded to release statements on their conduct.

    Football
  • Getty
    11 hours ago

    Jamie Vardy 'Makes' Controversial Decision Prior to Cremonese Debut

    Jamie Vardy made his Serie A debut with Cremonense on Monday night, beginning his adventure in Italy.

    Football
  • Getty
    14 hours ago

    Barcelona Hit With Huge Blow After UEFA U-Turn Ahead of Newcastle Clash

    Barcelona are set to take on Newcastle United on Thursday night.

    Football
  • Getty
    14 hours ago

    Alan Shearer to Miss Newcastle vs Barcelona for 'Nightmare' Reason

    Newcastle United return to the Champions League with a league phase game against Barcelona on Thursday

    Football
  • Man City Take Rare Action to Boost Atmosphere vs Man United
  • Man United's 'Best Signing In Years' Named Privately By Club Insiders
  • Liverpool owners FSG and Man Utd's Glazers ready to join 'breakaway league' in shock business move
  • Man Utd submit huge bid for Benjamin Sesko as 'preferred choice' named amid Newcastle offer