• 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 'could make last-minute decision' and retain Manchester United in shock sale U-turn

Home> Football

Published 12:30 29 Jun 2023 GMT+1

The Glazers 'could make last-minute decision' and retain Manchester United in shock sale U-turn

This would not go down well.

Ryan Smart

Ryan Smart

The Glazers could yet decide to keep Manchester United instead of approving a takeover of the club, a new report has claimed.

While Sheikh Jassim's group is said to be 'increasingly confident' of winning the takeover race, as reported by Bloomberg, it is claimed that the Glazers could yet make a 'last-minute decision'.

The United takeover process has been ongoing for over seven months, with the Qatari businessman, through his Nine Two Foundation, submitting five offers to buy the club.

Advert

The latest of those was tabled earlier in June, with the Daily Mail claiming he had set a deadline for a response from the Glazer family, after which he would stop engaging with the process if a response was not received.

There have been few updates on the situation since then, with Sir Jim Ratcliffe and INEOS also at the forefront of the race to take over the club.

The Nine Two Foundation wants a full takeover, with Ratcliffe wanting a majority share in the club.

Qatar group 'confident' of Man Utd takeover - but U-turn possible

Advert

Bloomberg say that people around Sheikh Jassim's camp are 'quietly confident' that they have done enough to see off the bid from Ratcliffe and take over United - although spokespeople from both the Qatar group and United refused to comment publicly.

It is claimed that Ratcliffe's offer has received opposition from current minority shareholders, who would not be bought out as part of the proposal.

The report also adds that one shareholder sent a warning that independent directors 'could be at risk of being sued' if they recommended a bid that 'favours one set of shareholders over another'.

But it is also reported that, as per a source, the Glazers could yet make a 'last-minute decision' to stay at United and instead accept an offer for a minority share in the club in order to renovate the stadium and other facilities.

Advert

This would create a scenario where the family could stay in charge at United, but possess the additional funds required to make improvements at the club - although that would not go down well with the club's supporters.

Among the parties to propose a minority shareholding are Elliott Management, the former owners of AC Milan. ESPN reported this month that, as per sources, minority investors are still in the takeover race.

Featured Image Credit: PA

Topics: Manchester United, Sheikh Jassim, 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.

Advert

Advert

Advert

Choose your content:

an hour ago
11 hours ago
12 hours ago
  • an hour ago

    Wayne Rooney lands new job as eye-watering 'salary revealed'

    The former Everton, Manchester United and England forward has coached and worked in the media since his retirement from playing.

    Football
  • 11 hours ago

    Erik ten Hag to get rid of Bayer Leverkusen player for the second time after selling him to the club while in charge of Man Utd

    Former Manchester United boss Erik ten Hag looks poised to get rid of the same player for two different clubs.

    Football
  • 12 hours ago

    Fans lose their minds and say 'announce Yamal' after Barcelona superstar spotted in Premier League club's shirt

    Lamine Yamal sent fans wild this week after being seen in an iconic English football shirt.

    Football
  • 12 hours ago

    Sir Alex Ferguson ripped into former Man Utd star for what he allowed Cristiano Ronaldo to do

    Sir Alex Ferguson lectured the former Manchester United player following the incident with Cristiano Ronaldo.

    Football
  • Manchester United make U-turn on one player that Erik ten Hag transfer listed
  • Jamie Vardy 'agrees' shock free transfer but manager pulls plug on deal at the last minute
  • Ruben Amorim makes shock U-turn on Gary Neville criticism following Manchester derby
  • Liverpool 'told' Trent Alexander-Arnold could make shock U-turn on one condition