Manchester United Takeover: As the saga of Manchester United takeover goes on, the new obstacle in their path this time is the indecision of the six Galzer brothers. Reportedly, every one of them have their own plans and agendas regarding the selling of the club. Additionally, the price of £6 billion which they have evaluated seems to be £1.5 billion too much from the maximum bid given by any investor. Hence, the sale could be as delayed as the end of the season. Follow Premier League LIVE Updates on InsideSport.IN
Manchester United Takeover delayed? Glazer family UNDECIDED on sale as Qatari, Ratcliffe bids way below £6bn mark – Check out
According to reports, all Glazer brother have not been able to land on one uniform decision about the sell of the club. It’s also being heard that their have been some investment offers which Glazer brothers Avram and Joel could accept to pay off the other four brothers and take over the club themselves.
However given the displeasure of the fans with all the owners, it is doubtful how much they will approve of this strategy. Given the fact that back in May, 2021, protesting fans stormed Old Trafford which saw their league match against Liverpool abandoned, it can be said that fans will only be satisfied with all the Glazer brothers out of their club. Even during United’s recent Carabao Cup final match win, as Avram Glazer was present at the ground, many anti-Glazers chants could be heard.
Manchester United Takeover delayed? Glazer family UNDECIDED on sale as Qatari, Ratcliffe bids way below £6bn mark – Check out
The Glazers can NOT be allowed to stay! #GlazersOut #GlazersSellManUtd pic.twitter.com/VZNbGvzqRG
— Dane 🏴 👹 (@DbM343) February 28, 2023
Indecision among the siblings is not the only problem they’re facing as controversies around the saga keeps forming and the shares are fluctuating like waves. As the news of bids from Qatar could be coming were heard, the shares rocketed, but then it plummeted as the news came that Glazers still want to be in control of the club.
It may have been the news that Glazers would be out as soon as the end of this month, but February 17 was only a soft deadline for bids. However, the maximum amount offered in those that include bids from Ratcliffe, Qatari bids, and more have been only £4.5 billion. Additionally, it’s also very unlikely that the Reine Group, who are handling the bidding process will be accepting the first lot of bid that came through.
Next, there will be exchange of United’s financial data and then negotiation which can even lead to multiple groups coming in contact with each other to form alliances for the investment process. This makes it pretty clear that there is a high chance the deal will not be finalized before the end of the season rather than the end of this month.