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Sheikh Jassim, Sir Jim Ratcliffe 'still want to buy Manchester United'

Sheikh Jassim, Ratcliffe 'still want to buy Manchester United'
© Reuters
Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe are allegedly still interested in buying Manchester United.

Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe are reportedly still interested in buying Manchester United despite the fact that the takeover process is showing no signs of reaching a conclusion.

Last November, the Glazers revealed that they were open to entering into discussions over a possible sale of the club, and it had initially been thought that a takeover would go through in April of this year.

Almost 10 months on, the process has stalled, with neither Sheikh Jassim nor Ratcliffe believed to have had a response to their latest offers, which are thought to be worth around £5bn.

There have been suggestions that the Glazer family are considering taking the club off the market.

Meanwhile, a recent report claimed that Man United's issues both on and off-the-field had led to Sheikh Jassim and Ratcliffe considering dropping their attempts to purchase the Red Devils.

Manchester United co-chairman Avram Glazer in the stands before the match on May 14, 2023© Reuters

However, according to Sky Sports News, the two main bidders for the 20-time English champions are still keen to purchase the club despite the recent developments.

The report claims that neither Sheikh Jassim nor Ratcliffe have been put off by the team's poor start to the season, which has seen them lose four of their opening six matches in all competitions.

The Red Devils have been beaten in three of their first five Premier League games of the season, while they suffered a 4-3 loss to Bayern Munich in the Champions League on Wednesday night.

There are off-the-field issues too, with Antony still in Brazil dealing with a personal problem, while Jadon Sancho's high-profile falling-out with head coach Erik ten Hag has seen him taken out of the first-team picture.

Manchester United attacker Jadon Sancho on July 22, 2023© Reuters

Mason Greenwood is also still contracted to the club despite being told that he will never play for them again, with the Englishman making the move to Getafe on loan earlier this month.

There is now huge pressure on Ten Hag to deliver a positive result in Saturday's Premier League clash with Burnley at Turf Moor.

Sheikh Jassim wants to complete a 100% takeover, with the Qatari banker making it clear that he would be prepared to invest heavily in Old Trafford and the club's training ground, which have both fallen behind their competitors.

Ratcliffe, though, is only looking for a controlling stake at this moment in time, with a full purchase of the Red Devils occurring at a later date.

The British billionaire recently said that failing to acquire Man United was not an option for him, but there is a belief that Sheikh Jassim is at the head of the queue.

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Written by
Matt Law

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Ineos chairman Jim Ratcliffe is pictured at Old Trafford in Manchester, Britain, March 17, 2023
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