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Man Utd could be taken off the sales market with the Glazers now considering dramatic U-turn

Ryan Smart

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Man Utd could be taken off the sales market with the Glazers now considering dramatic U-turn

The current owners of Manchester United, the Glazer family, may decide to take the club off the market as one potential outcome of the bidding process, according to a new report.

Two bidders have publicly confirmed their interest in taking over either a full or majority stake in the club, with a third bidder - Luxembourg-based hedge fund Genevra Capital - announcing in a press release that they proposed taking a minority stake.

The two confirmed bidders - Sheikh Jassim, who wants a full takeover, and Sir Jim Ratcliffe/Ineos, who want to take over the Glazers' majority stake - have been invited to take part in summits this week, according to the Daily Mail.

And whilst Sheikh Jassim and Ratcliffe are not expected to attend the meetings, they will likely form another key part of the process, as financial information can be requested.

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Now, a new report suggests that the bidders involved may not reach the desired outcome by the end of the process.

Man Utd 'could be taken off the market'

According to The Sun, a range of options remain on the table for the Glazer family - including the removal of the club from the sales market.

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That is despite agreeing to the meetings, which are scheduled to take place.

Crucially, however, a source has said, via the same report, that the family will 'act as one' in deciding whether a sale of the club takes place, following earlier reports that Joel and Avram Glazer were reluctant to part with their shares in United.

Avram was at Wembley last month to watch United's 2-0 win over Newcastle in the Carabao Cup final, with Sky Sports reporting that the appearance fed 'growing fears' that the Glazers would indeed be staying at the club. The offers so far have not met their £6 billion asking price.

But it is claimed by The Sun that another option for the club's owners is to bring in external cash, with four US hedge funds said to be under consideration to have a role in the process.

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Featured Image Credit: Alamy

Topics: Manchester United, Premier League, Qatar

Ryan Smart
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