Man Utd takeover: Glazer moves clue at Sheikh Jassim victory after ‘£7.3bn sale’ claim
According to the sources, individuals who are close to the Glazer family and the Raine Group insist that Sheikh Jassim bin Hamad Al Thani is to blame for the delay in the takeover of Manchester United.
The fact that the Glazers are waiting for the Qatari lender to give the go-ahead adds fuel to the fire of those who believe he has already won the race.
It was believed that Sheikh Jassim and the British billionaire Sir Jim Ratcliffe did not know where they stood in the struggle to acquire control of United.
Sheikh Jassim has been rumored to be the frontrunner to purchase Manchester United from the Glazer family in recent weeks, according to rumors that have circulated about a potential sale at Old Trafford.
According to a report in The Sun, the Qatari sheikh has made progress in negotiations with the Glazers, and there is hope that a deal can be finalized by the end of November.
And the chairman of Cardiff City, Mehmet Dalman, may have given a hint about the jaw-dropping price that United will sell him for the previous week.
“Manchester United are going to announce their sale at £7.2bn-7.3bn, which is roughly 10 times their revenue,” Dalman said in an interview with BBC Sport. “The price is roughly 10 times their revenue.”
And now, journalist Ben Jacobs has added fuel to the fire by providing an update on the ongoing takeover situation from the perspective of both the purchasing and selling sides. This update has added fuel to the fire.
However, the Glazers are adamant that they are waiting for Sheikh Jassim to demonstrate that he is prepared to complete a blockbuster takeover. This would indicate that he is in a strong position to defeat Ratcliffe.
Jacobs adds that the Glazers’ reported stance does not indicate that the Qatari bid has come out on top, but it is a telling indicator that, despite the protracted delay, the takeover favorite isn’t out of the game. This is because the Glazers allegedly have a vested interest in the outcome of the auction.
Man Utd takeover: Glazer moves clue at Sheikh Jassim victory after ‘£7.3bn sale’ claim