MX23RW : Friday, July 5 01:44:15| >> :120:7268:7268:

Sheikh Jassim's offer for Manchester United 'remains on the table'

Sheikh Jassim's offer for Man United 'remains on the table'
© Reuters
Sheikh Jassim bin Hamad Al Thani's latest offer for Manchester United, thought to be around £5bn, allegedly remains on the table.

Sheikh Jassim bin Hamad Al Thani's offer for Manchester United reportedly remains on the table, with the Qatari still determined to win the takeover race.

Almost one year has passed since the Glazer family revealed that they were open to entering into discussions over a potential sale of the 20-time English champions.

There are currently two main candidates to complete a takeover in the shape of Sheikh Jassim and Sir Jim Ratcliffe, although there remains huge uncertainty when it comes to the plans of the current owners.

A split is said to exist within the Glazer family in terms of the best course of action, and there have been reports in recent weeks that Man United could soon be taken off the market.

Ratcliffe is allegedly considering making an offer for a minority stake in Man United, which would keep the Glazers in majority control.

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

The British billionaire could allegedly make a bid to purchase around 25% of the club, with a view to completing a full takeover in the coming years.

However, Sheikh Jassim is only interested in an immediate 100% takeover, with the Qatari also making it clear that he would be willing to commit significant funds to improving Old Trafford and also the club's training ground.

According to the Manchester Evening News, Sheikh Jassim's latest offer, which is said to be around £5bn, remains on the table.

The report claims that the Qatari is still waiting for a response, although it is unclear whether he would be willing to increase the bid if the Glazers clearly stated their asking price.

Manchester United fans display banners in protest against the Glazer family's ownership of the club on August 26, 2023© Reuters

There have been suggestions that the Glazers, as it stands, value the club at £6bn but believe that a £10bn sale is not out of the question in the near future.

A takeover was initially expected to be completed in April, or by the opening of the summer transfer window, but the Glazers remain in charge.

There have again been protests against the American owners from large numbers of Man United supporters in the early stages of the 2023-24 campaign.

The Red Devils have struggled in the opening months of the new season, meanwhile, losing six of their opening 10 matches in all competitions, including their last two at home to Crystal Palace and Galatasaray in the Premier League and Champions League respectively.

ID:525693:1false2false3false:QQ:: from db desktop :LenBod:collect4299:

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:
Ineos chairman Jim Ratcliffe is pictured at Old Trafford in Manchester, Britain, March 17, 2023
Read Next:
Sir Jim Ratcliffe 'preparing to restructure Man United offer'
>
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
Euro 2024 fixtures header
Friday, July 5
 
5pm
Quarter-Finals
Spain
vs.
Germany
 
8pm
Quarter-Finals
Portugal
vs.
France
Saturday, July 6
 
5pm
 
8pm
Tuesday, July 9
Wednesday, July 10
Sunday, July 14
Tables header RHS

Group A

TeamPWDLPTS
Q Germany Germany32107
Q Switzerland Switzerland31205
3 Hungary Hungary31023
4 Scotland flag Scotland30121

Group B

TeamPWDLPTS
Q Spain Spain33009
Q Italy Italy31114
3 Croatia Croatia30212
4 Albania national flag Albania30121

Group C

TeamPWDLPTS
Q England flag England31205
Q Denmark Denmark30303
Q Slovenia Slovenia30303
4 Serbia Serbia30212

Group D

TeamPWDLPTS
Q Austria Austria32016
Q France France31205
Q Netherlands Netherlands31114
4 Poland Poland30121

Group E

TeamPWDLPTS
Q Romania Romania31114
Q Belgium Belgium31114
Q Slovakia Slovakia31114
4 Ukraine Ukraine31114

Group F

TeamPWDLPTS
Q Portugal Portugal32016
Q Turkey Turkey32016
Q Georgia Georgia31114
4 Czech Republic Czech Republic30121


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!