Manchester United takeover delayed as Glazers hold out for £6bn sale

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  • Sir Jim Ratcliffe and Sheikh Jassim lodged offers at £4.5bn
  • Americans may compromise but deal more likely in May

The Glazers are intent on securing a higher fee for Manchester United than the initial bids of Sheikh Jassim bin Hamad al-Thani and Sir Jim Ratcliffe, which were lodged at a maximum of £4.5bn. It leaves the American family’s wish to close any deal by the end of March looking unlikely.

The bids from Thani, via the Qatari’s Nine Two Foundation, and Ratcliffe, Britain’s richest person and the owner of Ineos, were lodged less than a fortnight ago. Among the six Glazer siblings it is understood there is indecision because each has their own intentions but the sale is still under serious consideration by the family as a whole.

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Written by Jamie Jackson
This news first appeared on https://www.theguardian.com/football/2023/feb/28/manchester-united-takeover-delayed-as-glazers-hold-out-for-6bn-sale under the title “Manchester United takeover delayed as Glazers hold out for £6bn sale”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.