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Glazers 'set Man Utd asking price' as multiple bids revealed

Ryan Smart

| Last updated 

Glazers 'set Man Utd asking price' as multiple bids revealed

The current owners of Manchester United, the Glazer family, have reportedly set their asking price to sell the club, with bidders said to be informed soon.

The Glazers set a soft deadline of 10pm on Friday for offers for the club. Prior to the deadline, it was confirmed that Qatari investor Sheikh Jassim bin Hamad bin Jaber Al Thani had launched a bid to acquire 100 per cent of the club.

Sheikh Jassim is chairman of one of Qatar's biggest banks, and described his offer as 'completely debt-free' in a statement.

He added: "The vision of the bid is for Manchester United to be renowned for footballing excellence, and regarded as the greatest football club in the world."



He also stated the bid would look to invest in the communities supported by the club, Old Trafford and wider infrastructure.

News of Sheikh Jassim's bid was followed by confirmation of an offer made by boyhood United fan Sir Jim Ratcliffe and Ineos.

Ineos said: "We would see our role as the long-term custodians of Manchester United on behalf of the fans and the wider community.


"We are ambitious and highly competitive and would want to invest in Manchester United to make them the number one club in the world once again."

The Times then revealed on Saturday that US hedge fund Elliott made a last-minute bid for the club. However, it is claimed they do not want a full takeover. Elliott formerly owned AC Milan until last year.

Glazers asking price for Man Utd 'revealed'

The Sun have claimed United bidders will be told that the Glazers have 'no intention' of selling the club for less than a fee of £6 billion.


If that asking price is met, the sale of United would be the biggest sale of a sports team or franchise in history.

Last year, a consortium led by Todd Boehly acquired Chelsea for £4.25 billion, which broke the previous record.

The Sun also report that an insider has claimed: "It's still not clear if the Glazers actually want to sell and - if they do - it will only be for top dollar.

"It's possible they are keener on a partial sale rather than a full one at this stage - as that might value the club higher."

Featured Image Credit: Alamy

Topics: Manchester United, Premier League, Qatar

Ryan Smart
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