Manchester United new takeover deadline has been confirmed, MySportDab reports.
The club was put up for sale since last November by the Glazers but takeover talks and decision has dragged on with the Glazers not ready to hand off until their 6bn valuation is met.
There were reports the takeover process was expected to be completed before the 2022/23 Premier League season ended but it has dragged on since then.
Sir Jim Ratcliffe and Sheikh Jassim Bin Hamad Al-Thani are leading contenders to take over the club and have submitted their final bid for the club but are yet to have feedbacks from the Glazers family.
Meanwhile, Manchester United fans have been pushing for the Glazers to exit the reins after over 15 years of rot and degradation of the club under their watch.
Sources close to the club have revealed Manchester United had a depleted fund pool for this summer’s transfer activities due to the dragging takeover process.
However, there seems to be light at the end of the tunnel as a new takeover is fast approaching.
According to The Sun, it has been revealed the takeover process at Old Trafford will be concluded on November, 2023 few weeks into the the start of the 2023/24 Premier League season.
The report adds the Glazers are expecting to thrash out all lingering differences in the takeover talks and negotiations and finally settle for a new owner by November, 2023.
MySportDab understand, Qatari billionaire investor, Sheikh Jassim Bin Hamad Al-Thani is the leading contender to win the takeover race having reportedly submitted a 6£bn bid for Manchester United which has met the Glazers valuation of the club.
