Key Man United bidder appears to admit defeat in race to take over the club from the Glazer family

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It’s been seven long months already, and still it doesn’t seem as if the Man United takeover is any closer to being concluded.

The Glazer family appear to have dug their heels right in and continue to play to the gallery in terms of drumming up interest in a sale.

Things have long since passed the point of no return in terms of having interested bidders submit their offers, however, nothing really has changed over the last few weeks, leading to frustration amongst long-suffering United supporters.

The two bidders thought to be in with the best chance of buying the club from the Glazer’s are Sheikh Jassim and Sir Jim Ratcliffe.

Sir Jim Ratcliffe and Sheikh Jassim

Their bids are believed to differ significantly, given that Sheikh Jassim wants to buy 100 percent of the club, lock, stock and barrel, whilst Sir Jim’s offer would appear to be for the same 69 percent that the Glazer’s own.

The issue that remains at this stage is that both groups are still in the dark in terms of which way things are likely to go.

Despite submitting supposed ‘final bids’ some while ago, neither party have been granted preferred bidder status.

Now, according to Nice-Matin (h/t Get French Football News), Sir Jim and his Ineos group are less confident of being able to complete the deal.

Though the fat lady hasn’t sung just yet, it does sound like the businessman appears to have admitted defeat to the Qatari group.

More Stories Avram Glazer Glazer Family Joel Glazer Sheikh Jassim Sir Jim Ratcliffe

8 Comments

  1. Sir Jim Ratcliffe should save his face and withdraw honourably as his true face as a conman has been surreptitiously revealed. He has no true intention to buy the club and came up with devious ways to acquire the club. He just wanted to become Glazers, circa 2023, trying to buying the club on borrowed money and load the interests on the club.
    If indeed he was a genuine person, he wouldn’t jump from one club to another. He couldn’t afford to buy Chelsea for £2.5m, how is going to come up with enough money to buy United. His Nice Football club is floundering in the French League. Do everybody a favour and to yourself too, Sir Ratcliffe and depart peacefully.

  2. As it stands now their, their are all indications that Sir Ratcliffe is never in anytime wanted to buy man utd, we the United fans we need total change, we need our man utd to come back on her glory days, Water all the way please

  3. Ten Hage must tell the Glasias they must make a decision or else he will leave the club

  4. Man United fans should throw stones to glazers family as in making unity at the protest so surrender the club for sheikh jassim and hope it will be good idea for the takeover to be agreed.

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