Man Utd might be ‘taken off market’ by Glazers after dramatic takeover U-turn

Sep 02, 2023 at 11:49 PM
Man Utd might be ‘taken off market’ by Glazers after dramatic takeover U-turn

Manchester United will reportedly be taken off the market by the Glazers after they allegedly determined they not wish to promote the membership this summer season. It’s thought the Americans have carried out the U-turn as a result of they have been unable to land their desired asking value, though that idea is now prone to be scrutinised by the membership’s disgruntled supporters.

There had been optimism that the Glazers had been lastly ready to promote up earlier within the 12 months after they obtained numerous profitable proposals from Sheikh Jassim and Sir Jim Ratcliffe’s INEOS.

Jassim has made as much as 5 bids for United and his most up-to-date proposal was believed to be price simply shy of £5bn.

The Glazers had been on the lookout for round £6bn to be able to conform to a sale whereas INEOS’ highest supply was additionally price as much as £5bn however would allow United’s present homeowners to stay on board in the meanwhile.

The proposal included put-and-call choices which might have meant the Glazers needed to promote their shares by 2026.

A choice has loomed giant for a lot of months and the Glazers have refused to decide to a sale – sparking fears the takeover course of may collapse.

According to The Mail, supporters’ worst fears have now been realised because the Glazers are set to take United off the market.

One supply to The Mail: “The Glazers are thick-skinned and won’t be influenced by any negative fan reactions.”

It’s claimed the American billionaires would as an alternative look to promote United in 2025 when the membership’s worth may soar to new heights.

The present homeowners have backed Erik ten Hag with a major switch funds this summer season that enabled the Dutchman to usher in three signings – together with three on deadline day.

United splashed £179m on Mason Mount, Andre Onana and Rasmus Hojlund earlier than a late dash to the end.

Then goalkeeper Altay Bayindir arrived from Fenerbahce whereas Sofyan Amrabat and Sergio Reguilon additionally arrived on mortgage.

But nonetheless supporters stay indignant with the constraints of the Glazers’ possession and they’re decided to drive the Americans out of the membership.

Fans held a sit-in protest at Old Trafford final week as they proceed to up the strain on the Glazers, who proceed to disregard their advances.

There had been advances many months in the past that the Qatari bid was about to be accepted however up to now, negotiations have didn’t bear fruit.

It now seems as if your entire course of might be scrapped and lots of will really feel as if the Glazers had been merely testing the waters to find out the worth of United.