Man United Latest takeover Update: "close to the sale" - Ben Jacobs has just shared fresh Man Utd takeover update

Man United Latest takeover Update: "close to the sale" - Ben Jacobs has just shared fresh Man Utd takeover update


Manchester United is currently grappling with uncertainty surrounding the potential sale of the club, with reports suggesting that the Glazer family, the existing owners, have made little headway in finding a suitable buyer.

In a significant turn of events, the club's share price recently experienced a sharp decline, resulting in a loss of over £600 million in value. 

This decline came amidst swirling rumors that the Glazers were considering the possibility of withdrawing the club from the market. Notably, this represents the most substantial sell-off since Manchester United's initial public offering back in 2012.

Reports from the Daily Mail have indicated that the Glazers may indeed be on the verge of taking the club off the market. This decision is attributed to their apparent inability to come close to their initial asking price. 

Since making the club available for sale in November, only two serious bidders have emerged: Sheikh Jassim bin Hamad Al Thani, who aspires to secure 100% ownership of the club's assets, and Sir Jim Ratcliffe, the chairman of INEOS, who is interested in acquiring a majority stake while allowing the Glazers to retain minority ownership.

However, negotiations seem to have hit an impasse, leading to frustration and ambiguity among interested parties regarding the owners' intentions. 

The uncertainty surrounding the potential continuity of the Glazers' ownership has raised significant concerns among the passionate fan base of Manchester United.

Notably, journalist Ben Jacobs has provided insights into the situation, suggesting that sources closely associated with the sale continue to affirm that the takeover process is still in progress. 

However, the Glazers are known for their methodical approach to decision-making and have expressed a willingness to entertain offers only if they meet the criteria of the "right price." Jacobs also highlights the abundance of conflicting reports and speculative narratives surrounding the sale. 

Yet, individuals intimately involved in the process remain steadfast in asserting that the sale is active, with no final decision or confirmed winning bidder at this juncture.

Turning to the club's immediate future, Manchester United, under the stewardship of Erik ten Hag, confronts a future shrouded in uncertainty, both on the pitch and behind the scenes. 

The team faces crucial upcoming fixtures following the international break, including a match against Brighton & Hove Albion and a pivotal Champions League encounter with Bayern Munich. 

These matches will undoubtedly be closely monitored, not only for their sporting significance but also for any developments related to the club's ownership.

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