sportbible homepage
sportbible homepage
  • Home
  • Football
    • Premier League
    • Champions League
    • World Cup
    • England
    • Transfer News
    • Manchester United
    • Liverpool
    • Arsenal
    • Real Madrid
    • Barcelona
  • Formula 1
    • Red Bull
    • Ferrari
    • McLaren
    • Mercedes
    • Max Verstappen
    • Lewis Hamilton
    • Lando Norris
    • George Russell
    • Charles Leclerc
  • Boxing
  • UFC
  • More Sport
    • Tennis
    • Golf
    • NBA
    • NFL
    • Darts
    • Athletics
    • Rugby
    • Wrestling
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
Threads
YouTube
Submit Your Content Here
  • LADbible
  • Tyla
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • FOODbible
  • UNILAD Tech
Man Utd could be taken off the sales market with the Glazers now considering dramatic U-turn
Home>Football
Published 12:30 9 Mar 2023 GMT

Man Utd could be taken off the sales market with the Glazers now considering dramatic U-turn

The current owners of Manchester United, the Glazer family, reportedly may decide not to sell the club.

Ryan Smart

Ryan Smart

google discoverFollow us on Google Discover

The current owners of Manchester United, the Glazer family, may decide to take the club off the market as one potential outcome of the bidding process, according to a new report.

Two bidders have publicly confirmed their interest in taking over either a full or majority stake in the club, with a third bidder - Luxembourg-based hedge fund Genevra Capital - announcing in a press release that they proposed taking a minority stake.

The two confirmed bidders - Sheikh Jassim, who wants a full takeover, and Sir Jim Ratcliffe/Ineos, who want to take over the Glazers' majority stake - have been invited to take part in summits this week, according to the Daily Mail.

And whilst Sheikh Jassim and Ratcliffe are not expected to attend the meetings, they will likely form another key part of the process, as financial information can be requested.

Advert

Now, a new report suggests that the bidders involved may not reach the desired outcome by the end of the process.

Man Utd 'could be taken off the market'

According to The Sun, a range of options remain on the table for the Glazer family - including the removal of the club from the sales market.

That is despite agreeing to the meetings, which are scheduled to take place.

Crucially, however, a source has said, via the same report, that the family will 'act as one' in deciding whether a sale of the club takes place, following earlier reports that Joel and Avram Glazer were reluctant to part with their shares in United.

Avram was at Wembley last month to watch United's 2-0 win over Newcastle in the Carabao Cup final, with Sky Sports reporting that the appearance fed 'growing fears' that the Glazers would indeed be staying at the club. The offers so far have not met their £6 billion asking price.

But it is claimed by The Sun that another option for the club's owners is to bring in external cash, with four US hedge funds said to be under consideration to have a role in the process.


Featured Image Credit: Alamy

Topics: Manchester United, Premier League, Qatar

Ryan Smart
Ryan Smart

Live in constant hope of the top flight as a Preston North End fan. Written in the past for SPORF, GiveMeSport and more.

Recommended reads

'I’ll smash up my next few opponents': Daniel Dubois talks Fury vs Joshua, Jake Paul crossover and avenging Usyk defeatsBrooks Running'I don't want to be missing anymore' - Jamie Vardy drops retirement hint as he talks Netflix documentaryNetflix / Untold UK: Jamie VardyFormer Man Utd No.2 suggests only reason Michael Carrick would not get the full-time jobGetty ImagesVinnie Jones ‘would love’ for rags to riches life story to be made into movie as he talks Netflix documentaryNetflix

Advert

Choose your content:

8 hours ago
9 hours ago
  • Getty Images
    8 hours ago

    Tottenham learn devastating cost of Premier League relegation after Leeds draw

    Tottenham Hotspur face the prospect of a devastating cost if they suffer relegation from the Premier League.

    Football
  • Getty Images
    9 hours ago

    Former Chelsea starlet's contracted terminated after just two games at iconic Serie A club

    A former Chelsea starlet has seen his contract terminated by an iconic Serie A club after just two games.

    Football
  • Andrew Kearns - CameraSport via Getty Images
    9 hours ago

    'Send him back' - Tottenham told to terminate player's 'strange' deal amid relegation concerns

    The Spurs player is expected to leave following the end of what has been a dismal season.

    Football
  • Jordan Peck/Getty Images
    9 hours ago

    Mark Goldbridge storms out of Baller League following bizarre incident

    The popular Manchester United fan was furious.

    Football
  • Man Utd Player Makes Swift Transfer U-Turn After Crystal Palace Game
  • The United Strand's first post after Man Utd draw snatches away chance of haircut this season
  • Why Man Utd forced Chido Obi to stay in the academy this season despite debut under Ruben Amorim
  • Man Utd could be sold by Glazers as forgotten clause opens door for Qatari takeover