- 23 hours ago
‘Transfer window over’- Glazers latest move impedes Man Utd summer
The Glazers are still unsure about which offer to accept and now there are genuine fears that their indecisiveness will negatively impact Manchester United’s upcoming transfer window.
The takeover has rumbled on for what seems like an entirety. The Qatari group led by Sheikh Jassim and Sir Jim Ratcliffe, of Ineos, are the ones seemingly leading the race. There have been three rounds of bids so far, but a latest reports has suggested that the Glazers are still unclear about who they shall choose as their preferred bidder.
A news story from Sportico read: “After six months of negotiations and bids, a resolution is still pending as the Glazers do not have a unified decision on what they will do with the club, according to people familiar with the process. They are expected to review all their options at the end of May.”
It comes after the news that Erik ten Hag could be handed an enormous transfer war chest to dip into this summer if Sir Jim Ratcliffe is successful in taking over at Old Trafford.
READ MORE: Man Utd to get HUGE transfer kitty with Ratcliffe takeover?
The CEO of chemicals conglomerate INEOS – one of the favourites to take control of Man Utd – is now the second-richest person in the UK, according to the newly published Sunday Times Rich List 2023.
A lifelong United fan, Ratcliffe is currently competing with a Qatari group led by Sheikh Jassim bin Hamad Al Thani to buy a majority stake in the club from current owners the Glazer family.
The Glazers first put Man Utd on the market back in November and are said to value the club at close to €7bn (£6bn).
Glazer fume
Opposition towards the American owners has intensified in recent years, with United supporters regularly making their feelings clear with protests at games – a feature of which have been green and gold scarves (taking the colours from United’s original guise, Newton Heath).
Ratcliffe – who was previously rumoured to be looking at investing in West Ham – certainly has closer personal ties to Manchester than the Glazers, having grown up on a council estate in nearby Failsworth.