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"Sources close to the process..." - Journalist drops Man Utd sale update with bid 'expected to be accepted'

Chris Byfield

| Last updated 

"Sources close to the process..." - Journalist drops Man Utd sale update with bid 'expected to be accepted'

Manchester United owners the Glazers are expected to accept a bid for the club, according to a fresh report.

In November the Glazers stunned the football and financial world by putting United on a strategic investment pursuit, which could end with the Americans selling their entire stake in the club.

And last month Qatari banker Sheikh Jassim and British petrochemicals billionaire Sir Jim Ratcliffe submitted revised bids to purchase United.

Despite the sale process being underway, with a third set of bidding reportedly due at the end of the month, there has long been speculation that Joel and Avram Glazer are hoping to generate funds to buy out their other four siblings.


Indeed ESPN claimed this week that at least four investment groups were looking to offer the brothers minority investment.

Joel and Avram Glazer allegedly believe that if they hold on to the club for another decade, while developing the stadium and team, it could be worth twice as much.

However, a contrasting report has claimed that a full sale is the most probable conclusion to the process.



Will the Glazers sell Manchester United?

Sports Mail have claimed a full sale of United is the most likely outcome of the Glazer’s search for investment.

Indeed, according to “sources close to the process”, the most probable conclusion is a full sale, given the Glazers have considered that United could become a “toxic brand” should they choose to keep their stake in the club.

The Mail’s claim follows a report in the Guardian which said Sheikh Jassim was confident he will be successful in his bid to buy United.


The Qatari banker, who wants to acquire all of United via his Nine Two Foundation, reportedly believes his offer will be accepted.

On Wednesday those involved in the bidding process will have an opportunity to ask any final questions before submitting their final offers.

Bids for full control of United are said to have a deadline of April 28.

Featured Image Credit: Alamy/PA

Topics: Football, Manchester United, Erik Ten Hag, Premier League

Chris Byfield
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