Glazers in ‘advanced’ talks to sell Man Utd as Sheikh Jassim leads Jim Ratcliffe
Manchester United’s takeover process is seemingly heading towards a pivotal moment as the Glazers are growing closer to selling the club to either Sheikh Jassim of Qatar or Sir Jim Ratcliffe. Both parties have submitted multiple bids while deadlines have come and gone, but the current owners appear to finally be on the same page.
Both Jassim and Ratcliffe have been edging closer towards the Glazers’ £6billion valuation of the Red Devils, £1bn for each of the family members, but many have grown frustrated with the process overseen by the Raine Group for its lack of progress at times.
If successful, it is expected that neither bidder will be at the helm in time for the opening game of the Premier League season on August 11 while head coach Erik ten Hag is reportedly infuriated at the lack of clarity during the transfer window, as he has been unable to bid for big-name targets such as Harry Kane and Declan Rice.
However, talks are now said to be at an ‘advanced stage’ with both Jassim and Ratcliffe preparing in case they are chosen to be the preferred bidder – though there is more optimism for the Qatari-backed bid currently as the INEOS chief was reportedly less confident that he would be successful.
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