sportbible homepage
sportbible homepage
  • Football
  • Boxing
  • UFC
  • 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
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
Threads
YouTube
Submit Your Content Here
  • LADbible
  • Tyla
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • FOODbible
  • UNILAD Tech
Journalist claims Man Utd takeover 'clue' is a 'red herring' as Qatari stance made clear

Home> Football

Published 17:02 16 May 2023 GMT+1

Journalist claims Man Utd takeover 'clue' is a 'red herring' as Qatari stance made clear

A journalist has given a Man Utd takeover update.

Ryan Smart

Ryan Smart

google discoverFollow us on Google Discover

An image of Manchester United co-owner Avram Glazer leaving a hotel owned by Sheikh Jassim's father is a 'red herring' in regards to a takeover of the club, according to journalist Ben Jacobs.

Sheikh Jassim is one of the leading candidates to take control of United from the Glazer family, having reportedly submitted a world-record bid through his Nine Two Foundation to complete a full takeover.

His main rival is the joint proposal of Sir Jim Ratcliffe and Ineos, which The Independent claim technically values the club at a higher value.

The Daily Mirror published a story on Monday which showed images of Avram Glazer leaving Claridge's Hotel in London. The hotel is owned by Sheikh Jassim's father, Hamad bin Jassim bin Jaber Al Thani, with the report adding that he owns the Maybourne Hotel Group, the parent company of Claridge's.

Advert

Those images only added to speculation surrounding the United takeover process and its potential next development.

However, Jacobs has clarified the images via his understanding.

Journalist gives Man Utd takeover update

Taking to Twitter, Jacobs states his understanding that the images of Glazer at Claridge's Hotel are a 'red herring', and that both the Nine Two Foundation and Ratcliffe's camp have held talks with US merchant bank Raine Group, who are leading sale negotiations.

Furthermore, he adds that 'back and forth' between the interested bidders and the Glazers is expected to take place this week.

Jacobs wrote: "Understand Avram Glazer being at Claridge's is a red herring. Important verbal back and forth with both Nine Two Foundation and Sir Jim Ratcliffe expected this week.

"Both parties are now talking to Raine Group. Should Qatar increase their final offer it is not expected to be disclosed. Talks are more fluid and the formal offer deadlines are gone. Nine Two Foundation remain confident they are not out of the race.

"Sir Jim Ratcliffe is "cautiously optimistic". But until a preferred bidder is named, and with neither group in an exclusive period, there is plenty of competition."

Featured Image Credit: Alamy / Mark Pain/Alamy Live News / PA

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.

Recommended reads

Tyson Fury targets Jon Jones clash as next move after boxing confirmedGetty“I don’t fight for a country” – Michael 'Venom' Page reveals why he won’t walk out with a flag at UFC LondonGeoff Stellfox/Getty ImagesLerone Murphy details ‘bucket list’ fight ahead of UFC LondonChris Unger/Zuffa LLC“All we want is people who really want to die for the shirt” – Danny Dyer talks West Ham, football agents and the toughest firms in the gameOne Last Deal

Advert

Choose your content:

2 hours ago
3 hours ago
  • Getty Images
    2 hours ago

    Freddy Adu gives Arsenal youngster Max Dowman some important advice on dealing with pressure

    Adu knows how it feels to be one of football's most talked-about players after being branded the next Pele.

    Football
  • Getty Images
    2 hours ago

    Keir Starmer ‘still a bit nervous’ to call Arsenal title win as he hails ‘big shout’ from Arteta

    The PM was in the stands for Arsenal's win over Everton but isn't ready to call the title race just yet.

    Football
  • Getty
    3 hours ago

    Man Utd ready to sign 'transformative' Premier League captain nobody else has mentioned

    The player in question has been crucial to a Premier League side since arriving at the club in 2023.

    Football
  • Getty
    3 hours ago

    Michael Carrick says Man Utd player may not play again this season

    United are trying to find a cure for his injury.

    Football
  • Saudi Stance on Selling Newcastle to Buy Man Utd Amid Takeover Rumours
  • Man Utd could be sold by Glazers as forgotten clause opens door for Qatari takeover
  • Sir Alex Ferguson Has Made Man Utd Come Back Stance Clear After Surprise Return to Dugout
  • Sheikh Jassim's stance on new Man Utd bid as contract clause opens door for Qatar takeover