Manchester United Takeover: Despite ongoing discussions over the sale of Manchester United, it seems the Glazer family will stay as the owners after all. The current owners of the Premier League club, remain confident in their bid to remain as primary administrators of the team. Follow Premier League LIVE Updates on InsideSport.IN.
According to reports, prospective buyers have until the end of this month to submit their final proposals for the purchase of the club. It is expected that both Sir Jim Ratcliffe and Sheikh Jassim bin Hamad al Thani will submit bids for a full takeover of the club.
🚨🚨🌕| JUST IN: Joel and Avram Glazer are increasingly confident of securing the outside investment that will enable them to remain as #mufc owners and potentially double the value of the club over the next decade. [@MarkOgden_]
— centredevils. (@centredevils) April 17, 2023
Despite this, the Glazers are reportedly considering minority investments from various companies, including Elliot Investment Management, Ares Management, and Corporation, and Sixth Street Partners. Raine Group, acting on behalf of the Glazers, is currently managing the potential sale of the club.
Notably, the Glazers have been under increasing pressure from fans to sell the club, with protests and demonstrations taking place outside Old Trafford. Many supporters feel that the United’s decline as club is due to the family’s ownership, and have called for greater investment in players and facilities.
Despite this, the Glazers remain confident in their ability to manage the club and bring it back to its former glory. They have earlier stated that they are committed to investing in the team and improving its performance and that they have the resources to do so.
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