The Glazers have put Manchester United up for sale for a long time. Sir Jim Ratcliffe and Sheikh Jassim are battling out for the ownership of the Premier League giants
In a jaw-dropping turn of events, Sheikh Jassim, the Qatari business tycoon, has tabled his fifth and final bid to secure 100% of Manchester United. The journalists and tabloids also state that this is the “Take it or leave it” offer from the Qatari businessman to buy the club.
The final bid is again to secure 100% of the club and there will be no more engagement and bids from the Qatari group. Post this Friday, the Qatari group does not intend to hold any conversation with the Raine Group and the Glazers family regarding the sale. It’s a bold statement of intent that leaves no room for doubt: it’s now or never for the Qatari powerhouse to claim the crown jewel of English football
Sheikh Jassim submitted a fifth bid to buy 100% of Manchester United. It’s an improved bid with clear indication: take it or leave it. 🔴🇶🇦 #MUFC
— Fabrizio Romano (@FabrizioRomano) June 7, 2023
There will be no more bids from Qatari group — after this Friday, Sheikh Jassim will no longer engage with the process. pic.twitter.com/yooZYUQsUC
Manchester United’s 2022/23 season under the Glazers’ ownership
Manchester United’s Premier League 2022/23 season began on a sour note, experiencing two back-to-back defeats under the leadership of their newly appointed manager, Erik ten Hag. However, they bounced back quickly with a win over Liverpool. In the recently concluded campaign, Red Devils were able to not only finish third but also capture the Carabao Cup despite the Cristiano Ronaldo fiasco, failed transfers and numerous injuries that players suffered.
Manchester United sale: Contenders and current situation
The eagerly awaited sale of Manchester United, which had initially brought hope and excitement to the club’s devoted fanbase, has taken an unexpected twist, leaving supporters in a state of prolonged anticipation. The American owners, the Glazer family, are yet to make a definitive decision regarding the future ownership of the club, leaving the sale saga hanging in the balance.
Sir Jim Ratcliffe and Sheikh Jassim are the only two publicly declared bidders for Manchester United. Sheikh Jassim is aiming for the complete club whereas Sir Jim Ratcliffe intends to buy 51% of the club with still Glazers holding a substantial share. Sheikh Jassim’s final bid is a staggering one at approximately £5 billion far exceeding the current valuation of Manchester United at £2.47 billion on the New York Stock Exchange. As Manchester United fans anxiously await a resolution, the uncertainty surrounding the club’s ownership continues to captivate attention and fuel speculation
As a Manchester United fan, who would you want as a new Manchester United owner? Have your say below!