MX23RW : Sunday, January 19 00:12:13| >> :120:18297:18297:

Manchester United takeover 'unlikely to happen before June'

Manchester United takeover 'unlikely to happen before June'
© Reuters
Manchester United's proposed takeover is now unlikely to happen before June due to the complexities surrounding the deal, according to a report.

Manchester United's proposed takeover is reportedly now unlikely to happen before June, with the Glazer family targeting a potential sale before the summer transfer window opens.

Last November, the Glazers signalled that they were open to selling the 20-time English champions, and it had initially been thought that a takeover could occur before the end of April.

However, an agreement with a proposed new owner is not close, with the Glazers standing firm on their £6bn valuation of the club, which is currently pricing out interested parties.

Sheikh Jassim bin Hamad Al Thani and British billionaire Jim Ratcliffe have both made offers of around £4.5bn for the Red Devils, and both parties are set to travel to Manchester next week for presentations.

General view inside Manchester United's stadium Old Trafford before the match on January 10, 2023© Reuters

However, a recent report claimed that Sheikh Jassim would be prepared to walk away from a deal if the Glazers are unprepared to drop their current valuation, which is viewed as unrealistic by potential suitors.

According to The Telegraph, if the current owners agree to a sale, they are hopeful that it will be completed before the summer transfer window opens in June.

The report claims that another two parties are interested in purchasing the 20-time English champions, but the identity of those have not yet been made public.

Co-owners Avram Glazer and Joel Glazer are also both thought to be prepared to walk away from a potential deal unless their valuation is met.

General view inside Old Trafford before the match on January 10, 2022© Reuters

Avram Glazer came into the Man United dressing room after the team beat Newcastle United at the end of February to win the EFL Cup - the club's first silverware in six years.

"He was really happy for the club, as our owner. He wanted to be part of it. He was in the dressing room, it was good he was here. It showed his intentions," Man United boss Erik ten Hag told reporters at the time.

Ten Hag recently insisted that he was concentrating on footballing matters at Old Trafford amid the ongoing speculation surrounding the ownership situation at the club.

The Red Devils are currently unable to make firm plans for the summer transfer window due to the uncertainty when it comes to a potential takeover.

However, the club are expected to be in the market for a big-money centre-forward, while Ten Hag is also believed to be keen to bring a central midfielder to Old Trafford.

ID:508787:1false2false3false:QQ:: from db desktop :LenBod:collect5031:
Written by
Matt Law

Manchester United takeover - Click here for more stories

Click here for more stories about Sheikh Jassim bin Hamad Al Thani

Click here for more stories about Manchester United

Collect / Create New Data
Share this article now:
General view inside Manchester United's stadium Old Trafford before the match on January 10, 2023
Read Next:
Qatar 'ready to walk away from Man United takeover over valuation'
>
Sports Mole Logo
Enter your email address to subscribe to Sports Mole's free daily transfer newsletter! Sent twice a day during the transfer window.
rhs 2.0
Today's games header
Tables header RHS
TeamPWDLFAGDPTS
1Liverpool21155150203050
2Arsenal21127241192243
3Nottingham ForestNott'm Forest21125430201041
4Newcastle UnitedNewcastle22115638261238
5Chelsea21107441261537
6Bournemouth22107536261037
7Manchester CityMan City2110563829935
8Aston Villa2110563132-135
9Fulham228953430433
10Brighton & Hove AlbionBrighton2171043229331
11Brentford2284104039128
12Crystal Palace226972528-327
13Manchester UnitedMan Utd217592629-326
14West Ham UnitedWest Ham2275102743-1626
15Tottenham HotspurSpurs21731143321124
16Everton203891526-1117
17Wolverhampton WanderersWolves2144133148-1716
18Ipswich TownIpswich2137112037-1716
19Leicester CityLeicester2235142348-2514
20Southampton2113171347-346


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!