Manchester United obtain third takeover provide from thriller United States bidder
Manchester United have acquired a 3rd bid within the possession battle to takeover the membership from the Glazers, with an unidentified provide coming in from the US.
Sir Jim Ratcliffe and Sheikh Jassim bin Hamad Al Thani have each made provides to purchase Manchester United prior to now month, publicly revealing their curiosity to amass a majority stake.
Each events have additionally since been knowledgeable they’ve made it by to the subsequent part of the method, with conferences set as much as focus on bids in additional element.
The subsequent stage of the potential takeover entails talks over the subsequent fortnight, nonetheless led by Raine Group on behalf of the Glazers. The monetary scenario of every bidder might be totally assessed within the coming weeks, with the potential new homeowners additionally getting access to Manchester United’s funds.
In line with The Solar, although, Sir Jim Ratcliffe and Sheikh Jassim aren’t the one two teams concerned within the bidding course of, with a thriller bidder based mostly within the US additionally registering their curiosity. The third group have determined to not make their bid public.
Sheikh Jassim tabled a 100 per cent takeover of Manchester United, whereas Ratcliffe’s Inoes is on the lookout for a 69 per cent majority shareholding. Actual particulars of the third bid from the US-based group are unclear.
A deadline of Could 31 has been set for the sale of the membership, however some Manchester United followers are involved the Glazers merely will not promote.
The Glazers reportedly need £6 billion for the sale of the membership, with preliminary bids from the aforementioned events within the area of £4.5 billion. Manchester United’s present homeowners additionally acknowledged in November they might additionally “discover strategic options”, which might embody new funding.
US funding agency Elliott reportedly supplied the Glazers new funding for a minority stake within the membership, permitting them to retain their majority possession.